MD continues with share trading as Tanco claims ‘business as usual’
Tanco Holdings managing director Datuk Seri Andrew Tan Jun Suan has been actively trading company shares following a significant collapse in the firm's stock price. Despite the volatility, the company maintains that its business operations remain unaffected.
Why it matters
High-volume insider trading during periods of stock price instability often raises questions regarding corporate governance and investor confidence.
BURSA SGX Home KUALA LUMPUR (June 16): After telling the investing public that it was business as usual at Tanco Holdings Bhd (KL: TANCO ) despite the collapse of its share price, group managing director Datuk Seri Andrew Tan Jun Suan also continued his trading as usual.
The report provides a factual breakdown of financial transactions and company statements without editorializing the director's motives.
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