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QuestionsCategory: Management QuadrantWhat does it means by \\\”Others\\\” in company announcement
Henry Henry asked 1 year ago

Hello IQ team,
For insider activities….\\\”Acquired\\\”, i understand that is buying the shares. \\\”Disposed\\\” is selling the shares.
How about \\\”Others\\\”? Is it buying or selling?
Attached the photo as example (no meaning of any recommendation).
Appreciate for advise and thank you
 

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1 Answers
Victor Chng answered 1 year ago

Hi Henry,
 
If you see the column to the right, it stated “indirect interest”. It means that the director owns shares of the listed company through a company. So when the director acquired and sell their shares, they need to disclose it. Since, it is own by an entity, they will disclosed their transaction and also disclosed that the indirect interest in the entity shareholding which either acquired or disposed. Therefore, in such case, you can ignore this transaction as it is a duplicate transaction for formality purpose. Just focus on those that have the directors name in it.

Henry Henry replied 1 year ago

Hi Victor…thank you for the clarification :)

Victor Chng replied 1 year ago

Welcome :)