According to the documents disclosed by the Hong Kong Stock Exchange on June 3, on May 31, Asian Equity Special Opportunities Portfolio Master Fund Limited increased its shareholding by an average price of 2.3933 Hong Kong dollars per share.$HOLLWIN URBAN (02529.HK)$After acquiring 122,000 H-shares with a value of approximately HKD 292,000, Asian Equity Special Opportunities Portfolio Master Fund Limited now holds a total of 2,098,000 shares, and its warehouse ratio has increased from 4.94% to 5.24%.
Other related parties involved in this transaction include David Ching Chi RUAN and RAYS Capital 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 company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related 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.