Taiwan edition · Insider dealings
Kinsus investor sells NT$11.0bn of shares as insiders cut holdings
Monthly declarations showed disposals outpaced additions across Taiwan's stock market in September while planned transfers slowed.
A holder of more than 10 per cent of chipmaker Kinsus Interconnect Technology sold NT$11.0bn of shares on the exchange in September. Across the market, corporate insiders registered 682 holding cuts valued at NT$21.0bn. Insiders also reported 1,185 increases valued at NT$12.6bn.
The disposals came as the Taiex fell 1.4 per cent to close at 46,368 on 29 October. The index was down 3.7 per cent over the past month. Across the 150 largest listed companies, 108 fell and 37 rose in the session.
Insiders registered 35 plans to transfer NT$1.5bn of shares across 10 companies over the past week. Sales or block trades made up 11 per cent of that value. A holder of more than 10 per cent of electronic components maker GEM declared plans for an on-market sale of 3,500,000 shares valued at NT$105.0mn.
Companies in this column: GEM, Kinsus Interconnect Technology.