Sin-Kung Logistics Bhd
KLSE:SINKUNG
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We don't have any information about SINKUNG's insider trading.
Sin-Kung Logistics Bhd
Glance View
Sin-Kung Logistics Bhd is a MY-based company operating in industry. The company is headquartered in Selangor Darul Ehsan, Selangor. The company went IPO on 2024-05-15. Sin-Kung Logistics Berhad is a Malaysia-based integrated logistics service provider. The firm is principally involved in the provision of trucking services with a focus on airport-to-airport road feeder services. Additionally, it also provides container haulage services, warehousing and distribution services and other logistics-related services to its customers. Its trucking services entail domestic and cross-border road transportation of domestic, import and export cargo between two locations using its own fleet of commercial vehicles. Its domestic trucking services cover service routes within Peninsular Malaysia, whereas its cross-border trucking services cover service routes between Peninsular Malaysia, Singapore and Thailand. Further, its trucking services can be segmented into airport-to airport road feeder services and point-to-point trucking services. The company owns and operates approximately 461 commercial vehicles to carry out its business operations.
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.
