On August 20th, according to the documents disclosed by the Hong Kong Stock Exchange, Pandanus Partners L.P. increased its shareholding to an average price of HKD 9.755 per share on August 15th.$TSUGAMI CHINA (01651.HK)$It increased its shareholding by 0.164 million ordinary shares, worth approximately HKD 1.5998 million. After the increase, Pandanus Partners L.P.'s latest holding was 26.6874 million shares, and the shareholding ratio increased from 6.97% to 7.01%
This transaction involves other related parties: Pandanus Associates Inc. and FIL 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.
