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Bursa Malaysia Berhad (Bursa Malaysia) has updated the classification of sector for Hibiscus Petroleum Berhad ("HIBISCS") to come into effect on 9.00 a.m., Monday, 11 June 2012 as follows:
| Company | Stock Short Name | Stock Number | Present Sector | New Sector |
|---|---|---|---|---|
| Hibiscus Petroleum Berhad | HIBISCS | 5199 | Special Purpose Acquisition Company | Industrial Products |
| Hibiscus Petroleum Berhad – Warrants A | HIBISCS-WA | 5199WA | Special Purpose Acquisition Company | Industrial Products |
The stock numbers and stock short names for HIBISCS remain unchanged.
The classification of sector for HIBISCS has been updated based on the criteria which took into account, among others, the following factors:-
- Changes in business activity for the company
- Core business activity contribution to company’s financial results.
The update in the classification of sectors will ensure all investors and industry participants are kept informed on the latest developme
