Tek Seng Holdings Bhd
KLSE:TEKSENG
We don't have any information about TEKSENG's insider trading.
Tek Seng Holdings Bhd
Glance View
Tek Seng Holdings Bhd.operates as an investment holding company, which engages in the manufacturing of Polyvinyl Chloride (PVC) related products, through its subsidiaries. The company is headquartered in Bukit Mertajam, Pulau Pinang. The company went IPO on 2004-11-02. The firm operates through two segments: Polyvinyl Chloride (PVC) and Photovoltaic Solar. The PVC segment is engaged in manufacturing and trading of PVC sheeting, polypropylene (PP) non-woven, PVC leather-related products and cast polypropylene sheeting. The Photovoltaic Solar segment is engaged in trading of solar cell products and generating and supplying renewable energy. The company has three manufacturing plants, which are located in Penang industrial areas. Its two manufacturing plants are located at Bukit Minyak Industrial Estate and one plant is located at Penang Science Park. Its PVC products are used in various industries, including households, medical, stationery, bedding and mattresses, and automotive. The company also provides coating and lamination for personal protective equipment’s. Its subsidiaries include Tek Seng Sdn. Bhd., Wangsaga Industries Sdn. Bhd., TS Solartech Sdn. Bhd. and Pelangi Segi 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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