Straco Corporation Ltd
SGX:S85
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We don't have any information about S85's insider trading.
Straco Corporation Ltd
Glance View
Straco Corp. Ltd. engages in the development and operation of tourism-related businesses. The company employs 410 full-time employees The company went IPO on 2004-02-20. The firm operates through two segments: Aquariums and Giant Observation Wheel (GOW). The firm's Aquariums segment represents the operation of aquatic-related facilities and tourist attractions, including sea mammal performances in People’s Republic of China (PRC). Retail, food and beverage are auxiliary goods and services arising from the operation of the aquatic-related facilities. The firm's GOW segment represents the operation of a circular giant observation structure, and provision of commercial space in Singapore. Its Other operations include the operation of a cable-car facility. The firm's operating assets include Shanghai Ocean Aquarium, Singapore Flyer, Underwater World Xiamen and Lixing Cable Car. Its subsidiaries include Infotainment Development & Management Pte Ltd, New Bay Holdings Pte Ltd and others.
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.
