Sin Heng Heavy Machinery Ltd
F:SNVA
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We don't have any information about SNVA's insider trading.
Sin Heng Heavy Machinery Ltd
Glance View
Sin Heng Heavy Machinery Ltd. engages in the rental and trading of cranes, aerial lifts and other lifting equipment. The firm's segments include Equipment rental and Trading. The Equipment rental segment involves the rental of cranes and aerial lifts. The Trading segment involves the trading of both new and used cranes and aerial lifts. The firm is also engaged in sales and distribution of spare parts for cranes and aerial lifts. The company is focused on the mid-to-high lifting capacity segment, which are deployed for larger projects and serves customers in the infrastructure and geotechnic, construction, offshore and marine, oil and gas industries. The company sells aerial lifts to customers in Singapore as well as to overseas markets, such as India, Taiwan and the Middle East. The firm's subsidiaries include Sin Heng Aerial Lifts Pte Ltd, SH Heavy Machinery Sdn Bhd, Sin Heng Vina Co. Ltd, and SH Equipment Pte Ltd.
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.
