Form 4 | GRAPHJET TECHNOLOGY's Director SURIA SUKSES ENGINEERING SDN BHD sold 5,500,000 Shares.
Filings Track
2024/12/31
GRAPHJET TECHNOLOGY's Director SURIA SUKSES ENGINEERING SDN BHD sold 5,000,000 shares of Class A Ordinary Shares on December 26, 2024, at an average price of $0.39, and sold 500,000 shares on December 27, 2024, at an average price of $0.86. Intensive share reduction by executives usually implies that the company's current stock price is overvalued, which can be regarded as a bearish signal. Investors should closely monitor.