Fortune Parts Industry PCL
SET:FPI
We don't have any information about FPI's insider trading.
Fortune Parts Industry PCL
Glance View
Fortune Parts Industry Plc engages in the manufacture and distribution of plastic automotive parts. The company is headquartered in Pathumtani, Pathum Thani. The company went IPO on 2012-09-20. The firm is principally engaged in the manufacturing and distribution of the automotive replacement parts, dipping and painting services. The firm operates three principal business segments, namely domestic sale segment, which manufactures and distributes automotive parts and equipment for Thai market; export sale segment, which manufactures and distributes automotive parts and equipment for overseas market, and service segment, which provides dipping and painting services. The Company’s services include plastic injection molding, chrome plating, painting, designing, 3D printing, molding, and FPIS (environmental consulting). The Company’s products include plastic injection parts, lamp and mirror parts, metal stamping parts, coolant parts, suspension parts, engine and brake parts, and cable and hose. The Company’s subsidiary is FPI Auto Parts India Private Limited.
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.