Oriental Food Industries Holdings Bhd
KLSE:OFI
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We don't have any information about OFI's insider trading.
Oriental Food Industries Holdings Bhd
Glance View
Oriental Food Industries Holdings Bhd. The company is headquartered in Malacca, Melaka. The company went IPO on 2000-06-30. The firm is engaged in manufacturing an assortment of snack food, biscuit and confectionery products. The firm's segments include Manufacturing and marketing of snack food and confectioneries, Property development and Investment holding. The company offers various product categories, which includes snack food, wafer, potato snacks, biscuit and bakery products. Its brands include Super Ring, Jacker, Zess, Rota and Oriental. The company is engaged in manufacturing and marketing of biscuits, cakes, snack food and confectioneries through Oriental Food Industries Sdn. Bhd. The company is engaged in property development through OFI Properties Sdn. Bhd. The company is engaged in sales and marketing of biscuits, cakes, snack food and confectioneries through Oriental Food Marketing (M) Sdn. Bhd.
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.