Sino-Forest insiders including ex-ceo sold $83m of shares since ’06

Indonesia stock info - Sino-Forest insiders including ex-ceo sold $83m of shares since ’06 ; Former Sino-Forest Corp. (TRE) Chief Executive Officer Allen Chan and other insiders sold C$81m ($83m) of shares since the end of 2006, according to regulatory filings, Bloomberg reports. Chan, who stepped down Aug. 28 after the Ontario Securities Commission suspended trading in Sino-Forest, sold C$3m of stock, the filings show. Kai Kit Poon, with whom Chan founded the tree-plantation company in 1992, sold more than C$30.1m.

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