According to the documents disclosed by the Hong Kong Stock Exchange on December 17, Brocade Creation Limited increased its shareholding on December 13 at an average price of 8.653 Hong Kong dollars per share.$YEAHKA (09923.HK)$It acquired 0.1756 million ordinary shares, worth approximately 1.5195 million Hong Kong dollars. After the increase, the latest number of shares held by Brocade Creation Limited is 0.16 billion shares, and the proportion of good stocks rose from 36.07% to 36.11%.
This Trade involves Other related parties: Cantrust (Far East) Limited.
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According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) must disclose their shareholding interests in listed companies. The Directors and senior executives of listed companies must disclose their share and debenture interests in both the listed company and its affiliated companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.