Unggul Indah Cahaya Tbk PT
IDX:UNIC
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We don't have any information about UNIC's insider trading.
Unggul Indah Cahaya Tbk PT
Glance View
PT Unggul Indah Cahaya Tbk engages in the manufacture of alkylbenzene. The company is headquartered in Jakarta Selatan, Dki Jakarta and currently employs 531 full-time employees. The firm is a producer of alkylbenzene in Indonesia and runs its production activities. The Company’s products portfolio includes branched alkylbenzene (BAB), linear alkylbenzene (LAB), heavy alkylate (HA) and light alkylate (LA). The Company’s subsidiaries include Universal Interchemicals Corp. Pte., Ltd. (UICPL) and PT Unggul Indah Investama (UII), which are engaged in trading and investment business; UIC Vietnam Co., Ltd. (UICV), which is engaged in manufacturing and distributing of active detergents of linear alkylbenzene sulfonic acid and sodium lauryl ether sulfate, and PT Petrocentral, which is engaged in manufacturing and distributing of sodium tripolyphosphate. The firm's products consumed by large and detergent manufacturers. The Company’s export markets include Australia, France, Germany, Japan, Singapore, Vietnam and the United States of America.
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.
