什么是5%机制？On Aug 21, Lai Mankon submitted the Change Report to Ministry of Finance. The report shows that Lai Mankon increased their holdings in $Beat Holdings (9399.JP)$, with their joint shareholding ratio up from 20.03% to 21.31%.
Source: Edinet Announcement
What is the 5% shareholding reporting system?
Shareholders with holding ratio exceeding 5% must submit a Large Shareholding Report within five business days from that day. If the holding ratio increases or decreases by 1% or more after submitting a Large Shareholding Report, the holder must submit a Change Report within five business days from that day.
