On December 30, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on December 30, Lin Weihua increased his Shareholding on November 4 at an average price of 1.0 Hong Kong dollar per share.$TRULY INT'L (00732.HK)$1 million common shares, worth about 1 million Hong Kong dollars. After the shareholding, Lin Weihua's latest number of shares held is 1.649 billion shares, and the good warehouse ratio has increased from 52.13% to 52.16%.
Supplementary information: to correct the typo error in box 16 (percentage figure).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.