On January 10, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 10, Three D Partners Limited increased its shareholding on January 6 at an average price of 3.4039 Hong Kong dollars per share.$NEWBORNTOWN (09911.HK)$2.344 million ordinary shares were acquired, worth approximately 7.9787 million Hong Kong dollars. After the increase, Three D Partners Limited's latest shareholding number is 84.8844 million shares, with the good warehouse ratio rising from 5.85% to 6.02%.
Supplementary information: 2,344,000 shares be acquired by Three D Partners Limited.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.