QUOTE(Polaris @ Jan 10 2011, 08:58 PM)
according to my platform, it's quite a weird casewhen they sold 3+ mil, (and ceased to be substatial shareholder), they didn't report how much shares were left after (maybe because after the sale they weren't substantial shareholders and not required to report shareholding). so that might explain your zeros.
but when they bought the 600k, they reported their shareholding interests post-buying, around 5.01%, then when they sold the 800k they ceased to be substantial shareholder again.. so again not reporting their shareholdings.
so its a case of going in and out of being a substantial (above 5%) shareholder.
Added on January 11, 2011, 5:36 am
QUOTE(Novice76 @ Jan 11 2011, 02:11 AM)
Hi. I am new to share market and would appreciate some advice on the following :-
(a) after selling my shares, how long does it take before I can use that money from the sale in order to buy other shares or to set off against a recent buy?
(b) if i sell shares within 3 days after buying them, i do not have to pay as it is considered "contra", right?
© are the profits made in the share market taxable? If they are, how serious are the IRB in checking?
Thanks!
(a) and (b) based on T+3 principle. if not mistaken T+3 is settlement on noon of the 3rd day after your trade is done.(a) after selling my shares, how long does it take before I can use that money from the sale in order to buy other shares or to set off against a recent buy?
(b) if i sell shares within 3 days after buying them, i do not have to pay as it is considered "contra", right?
© are the profits made in the share market taxable? If they are, how serious are the IRB in checking?
Thanks!
( c) no capital-gains tax here.
This post has been edited by teehk_tee: Jan 11 2011, 05:36 AM
Jan 11 2011, 05:20 AM


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