Sumber Tani Agung Resources Tbk PT
IDX:STAA
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We don't have any information about STAA's insider trading.
Sumber Tani Agung Resources Tbk PT
Glance View
PT Sumber Tani Agung Resources Tbk engages in palm oil plantation and processing services. The company is headquartered in Medan, Sumatera Utara and currently employs 8,948 full-time employees. The company went IPO on 2022-03-10. The firm and its subsidiaries are engaged in the management and cultivation of oil palm plantations and crude palm oil processing mills and its other derivative products and the selling of the related end products. In addition, it is also engaged in the development and management of plasma plantations cooperation with plasma farmers. Its business operations are located in North Sumatera, South Sumatera, West Kalimantan, Central Kalimantan and Singapore. The company manages approximately 15 oil palm plantations situated in North Sumatera, South Sumatera, West Kalimantan and Central Kalimantan. The company owns and manages nine palm oil mills, one kernel crushing plant, one solvent extraction plant and one biogas powerplant, operating in North Sumatera, South Sumatera, West Kalimantan and Central Kalimantan. Its subsidiaries include PT Karya Agung Sawita, PT Madina Agrolestari, PT Putra Makmur Lestar and other.
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.
