Foundpac Group Bhd
KLSE:FPGROUP
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We don't have any information about FPGROUP's insider trading.
Foundpac Group Bhd
Glance View
Foundpac Group Bhd.is an investment holding company, which engages in the design, development, manufacturing, marketing, and sale of engineering parts. The company is headquartered in Bayan Lepas, Pulau Pinang and currently employs 381 full-time employees. The company went IPO on 2016-12-29. The firm operates in four segments: Precision engineering, Laser stencils, Automation, and Accessory cables. The Precision engineering segment is engaged in designing, developing, manufacturing, marketing, and selling of stiffeners, test sockets, hand lids and related accessories. The Laser stencils segment is engaged in the manufacture and sale of laser stencils. The Automation segment is engaged in the manufacture of industrial equipment and machinery. The Accessory cables segment is engaged in the manufacture and sale of accessory cables and connectors. The Company’s stiffener products include Advantest stiffener, Direct Probe, MUX, WPI, Probe Card, T2000, WaveScale, and others. The firm also provides Advantest stiffener accessories, such as BTG Connector Bracket Assy, Stiffener Inlay Assy BTG/PMUX Purge, BTG Cable Routing Kit, and Advantest/Verigy Port Scale RF Adapter Plate Kit.
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.