Resintech Bhd
KLSE:RESINTC
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Resintech Bhd
Glance View
Resintech Bhd.is an investment holding company, which engages in the manufacturing and marketing of diversified plastics building materials. The company is headquartered in Teluk Panglima Garang, Selangor. The company went IPO on 2006-12-26. The firm is primarily involved in designing, manufacturing and marketing a diversified range of unplasticized polyvinyl chloride (UPVC) and Polyethylene products. The Company’s segments include Manufacturing and Trading, and Services. The Manufacturing and Trading segment is involved in manufacturing and trading of a diversified range of plastics pipes, water tanks and fittings. The Services segment is involved in property holding. The Company’s wholly owned subsidiaries include Resintech Plastics (M) Sdn. Bhd., Resintech-Kapar Sdn. Bhd., Resintech Plastics (Sarawak) Sdn. Bhd., Sarpino’s Pizzeria (Cambodia) Co., Ltd. and TCT Metal Sdn. Bhd.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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