On December 23, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on December 23, Z Living International Company Limited conducted an off-market Shareholding at an average price of 0.3 HKD per share on December 20.$ZHI SHENG GP (08370.HK)$12 million ordinary shares were acquired, valued at approximately 3.6 million HKD. After the Shareholding, Z Living International Company Limited's latest shareholding number is 12 million shares, and the good warehouse ratio increased from 0.00% to 8.84%.
This Trade involves Other related parties: Zhang Ditang.
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.
