On September 13, according to the documents disclosed by the Hong Kong Stock Exchange on September 13, Lam Wai Wah increased his shareholding on September 11 at an average price of 0.92 Hong Kong dollars per share.$TRULY INT'L (00732.HK)$2 million shares of ordinary shares, worth approximately 1.84 million Hong Kong dollars. After the increase, Lam Wai Wah's latest shareholding number is 1.624 billion shares, and the stake ratio rose from 51.30% to 51.36%.
This trade involves other related parties: Zhong Qiongqi and Lin Weihua.
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.
