According to documents disclosed by the Hong Kong Stock Exchange on October 27th, Masan Multi Strategy Fund SPC-Masan HK Equity Fund SP increased its holdings at an average price of HK $0.315 per share on October 26th.$CORNERSTONE FIN (08112.HK)$6.024 million common shares worth about HK $1.8976 million. After the increase, the latest number of shares held by Masan Multi Strategy Fund SPC-Masan HK Equity Fund SP is 50.088 million shares, and the proportion of long positions has increased from 19.20% to 21.83%.
This transaction involves other related parties: Top Lion International Limited and Masan Capital Limited.
Supplementary information: Masan Capital Limited is the fund manager of Masan Multi Strategy Fund SPCWhat is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more shares) are required to disclose their interests in shares of listed companies. The directors and chief executives of a listed company shall disclose their interests in shares and debentures of the listed company and the company associated with the listed company.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) those who control or have the ability to control the shares of listed companies, and (2) those who may benefit from transactions involving associated entities of listed companies.