On June 14th, according to documents released by the Hong Kong Stock Exchange, Cathay Media Holding Inc. increased its shareholding on June 12th at an average price of HKD 0.8945 per share, with a total value of approximately HKD 263,900 for 295,000 common shares. After the shareholding increase, the latest shareholding of Cathay Media Holding Inc. is 1.192 billion shares, and the hao cang ratio has increased from 71.99% to 72.01%.$CATHAY EDU (01981.HK)$This transaction involves other affiliates: MEDIA ONE INTERNATIONAL (PTC) LIMITED, Pu Shulin, WINNING GLOBAL VENTURES LIMITED, and Luo Jia.
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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.