Chemstar Indonesia Tbk PT
IDX:CHEM
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We don't have any information about CHEM's insider trading.
Chemstar Indonesia Tbk PT
Glance View
PT ChemStar Indonesia engages in the trading and manufacturing of chemical products for the textile industry and other industries. The company is headquartered in Purwakarta, Jawa Barat and currently employs 48 full-time employees. The company went IPO on 2022-07-08. The firm's business is grouped into one product, namely the processing of chemicals for the textile industry. Its activities are in organic basic chemical industry that produces special chemicals, organic basic chemical industry, and other chemical goods industry. The company focuses on providing solutions to customers by providing a range of dyes and chemical’s needs. Its production process starts from spinning, sizing, weaving, knitting, pre-treatment, dyeing, printing, finishing, to coating for the final product in the form of ready-to-use and quality textile fabrics. The firm has two types of plants, namely for liquid products and powder products (powder). The production capacity for liquid is around 10,000 tons per month, while for powder it is around 600 tons per month.
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.
