Taiwan edition · Insider dealings
Nan Ya Printed Circuit Board director plans NT$3.7bn share sale
Insiders filed plans to transfer NT$4.4bn of shares over the past week as declared disposals outstripped additions.
Insiders declared nine plans over the past week to transfer NT$4.4bn of shares across seven companies. A director at electronic components maker Nan Ya Printed Circuit Board planned an on-market sale of 2,511,000 shares valued at NT$3.7bn, with the window starting on 11 October.
Sales on the exchange or block trades accounted for 97 per cent of the total value. A holder of more than 10 per cent in financial group CBF planned an on-market sale of 20,000,000 shares worth NT$337.0mn, and a nominee for an executive at optoelectronics maker TPK declared an on-market sale of 3,000,000 shares valued at NT$223.2mn.
Monthly holding reports for August showed 102 cuts valued at NT$7.3bn against 38 increases worth NT$1.8bn. The vice-chairman of chipmaker Formosa Sumco Technology sold NT$3.9bn of shares on the exchange, while the chairman of electronic components maker Taiflex Scientific bought NT$1.7bn of shares on the exchange.
The benchmark Taiex rose 2 per cent over the past week, despite falling 1 per cent in the latest session to close at 49,313 on 8 October. Electronic components maker Walsin Technology rose 28 per cent over the week, while King Slide Works fell 10 per cent.
Companies in this column: Walsin Technology, King Slide Works, Nan Ya Printed Circuit Board, CBF, TPK, Taiflex Scientific, Formosa Sumco Technology.