Reported on November 6th, according to the documents disclosed by the Hong Kong Stock Exchange on November 6th, Pandanus Partners L.P. increased its shareholding on November 1st at an average price of 7.0044 Hong Kong dollars per share.$FIRST TRACTOR (00038.HK)$Pandanus Partners L.P. increased its listed in hong kong shares by 1.004 million shares, with a value of approximately 7.0324 million Hong Kong dollars. After the increase, Pandanus Partners L.P.'s latest number of shares held is 20.21 million shares, and the good warehouse ratio has increased from 4.90% to 5.16%.
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.
