Parkson Retail Asia Ltd
SGX:O9E
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We don't have any information about O9E's insider trading.
Parkson Retail Asia Ltd
Glance View
Parkson Retail Asia Ltd. is an investment holding company, which engages in the operation and management of retail stores. The firm and together with its subsidiaries is a Southeast Asian department store retailer with a network of approximately 39 department stores across cities in Malaysia and Vietnam. The firm provides food and beverage outlets to complement its department store operations. The company operates in two segments: operation and management of retail stores and food and beverage. The Company’s geographical segments include Malaysia, Vietnam, Indonesia, Myanmar and Cambodia. The company has launched its private label brands as well as agency apparel lines of international brands. Its subsidiaries include Parkson Corporation Sdn Bhd, Centro Retail Pte Ltd, PT Tozy Sentosa, Parkson Myanmar Co Pte Ltd and Parkson Yangon Co Ltd.
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.
