DRB-HICOM Bhd
KLSE:DRBHCOM
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HKEX:1616
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DRB-HICOM Bhd
Glance View
DRB-Hicom Bhd.is an investment holding company, which engages in the provision of automotive and property businesses. The company is headquartered in Shah Alam, Selangor. The firm's segment includes Automotive, Services, Properties and Investment Holding. The firm's Automotive business is engaged in manufacturing, assembly, inspection, distribution, sales and after-sales service for a range of vehicles including motorcycles, commercial vehicles, defense vehicles and customized vehicles like buses, ambulances, police vehicles, fire trucks and garbage compactors. The firm is also a contract manufacturer for national as well as global carmakers and Original equipment manufacturers (OEMs). The Company’s Services division includes waste management, vehicles inspection, banking, logistics and component manufacturing. The Company’s Education division includes specialist institutes for technical education like DRB-HICOM’s University of Automotive Malaysia, and Akademi Saga.
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.