Asia Pacific Fibers Tbk PT
IDX:POLY
We don't have any information about POLY's insider trading.
Asia Pacific Fibers Tbk PT
Glance View
PT Asia Pacific Fibers Tbk engages in the manufacture and marketing of polyester products. The company is headquartered in Jakarta, Dki Jakarta. The firm operates through two segments: Chemical industry and synthetic fibre, and Weaving and knitting. The Company’s products include purified terephthalic acid (PTA), polyester chips, fibers and yarns. The firm has a manufacturing facility for PTA, continuous polymer and staple fiber in Karawang, Indonesia. The company also owns another manufacturing plant for filament yarn in Semarang, Indonesia. The firm markets its product both locally and internationally, such as in Europe, United States of America, Asia, Australia and the Middle East. The company also produces technical grade Methyl Acetate as a by-product of the PTA manufacturing process. Its filament yarns are marketed under various brands, such as Silkra, Alpine, Contura and Marvel.
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.
