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SECURITIES AND FUTURES ACT (CAP. 289) SECURITIES AND FUTURES (DISCLOSURE OF INTERESTS) REGULATIONS 2012 FORM NOTIFICATION FORM FOR SUBSTANTIAL SHAREHOLDER’S)/ UPHOLDER’S) IN RESPECT OF INTERESTS
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Overall, the is substantial shareholderunitholder a form is important for maintaining transparency and regulatory compliance regarding substantial ownership or units in a company or investment fund. It is crucial to accurately fill out this form to meet legal obligations and provide reliable information.
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A substantial shareholder/unitholder is an individual or entity that owns a significant amount of shares or units in a company or fund, typically above a certain threshold set by regulations.
Any individual or entity that meets the criteria to be considered a substantial shareholder/unitholder as per the regulations governing such filings.
The filing process typically involves providing details of the shareholder/unitholder, the number of shares/units owned, and other relevant information as required by the regulatory authority.
The purpose of disclosing substantial shareholders/unitholders is to ensure transparency and accountability in the ownership structure of companies and funds, and to prevent any undue influence or manipulation.
The information typically required to be reported includes the name of the shareholder/unitholder, the number of shares/units held, the percentage of ownership, and any other relevant details.
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