PT Resources Holdings Bhd
KLSE:PTRB
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We don't have any information about PTRB's insider trading.
PT Resources Holdings Bhd
Glance View
PT Resources Holdings Bhd.engages in investment holding and in the provision of management services. The company is headquartered in Shah Alam, Selangor. The company went IPO on 2022-09-27. The firm is principally involved in the processing and trading of frozen seafood products, and trading of other products. The company sells its products domestically in Malaysia and export to international markets, such as Saudi Arabia, China, the Philippines, and the United Arab Emirates (UAE). The firm procures wild-caught and farm-raised seafood supplies from local and international wholesalers, aquaculture farms and fishing enterprises. The company also procures other meat and non-meat products from local and international wholesalers. Its frozen seafood products are sold to wholesalers, food manufacturers and retailers. In addition, the Company also sells frozen seafood and other products through its own outlets and its online marketplace, MO Signature, to reach out directly to the customers. The firm owns and operates seven MO Foodmart outlets and one MO Wholesale Centre outlet located in the East Coast region.
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.
