On December 19, according to documents disclosed by the Hong Kong Stock Exchange on December 19, HUAYANG INVESTMENT GROUP CO., LIMITED increased its shareholding in the over-the-counter market at an average price of HKD 0.41 per share on October 31.$PAK TAK INT'L (02668.HK)$0.1 billion ordinary shares were purchased, worth approximately HKD 41 million. After the increase in shareholding, HUAYANG INVESTMENT GROUP CO., LIMITED's latest shareholding number is 0.113 billion shares, and the good warehouse ratio rose from 0.27% to 2.41%.
What is equity disclosure?
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.