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Bursa Malaysia - Sector And Sub-Sector Update: Sedania Innovator Berhad

Date 03/07/2024

Bursa Malaysia Securities Berhad (“Bursa Securities”) has updated the sector and sub-sector classification for SEDANIA INNOVATOR BERHAD (“SEDANIA”), which will come into effect at 9.00 a.m. on Tuesday, 9 July 2024. The updated sector and sub-sector classification for SEDANIA is as follows: 

 

Company

Stock Short Name

Stock Number

Current Sector

Current Sub-sector

New Sector

New                Sub-sector

SEDANIA INNOVATOR BERHAD

SEDANIA

0178

Telecommunications & Media

Telecommunications Equipment

Consumer Products & Services

Consumer Services

 

The stock number and stock short name for SEDANIA’s shares remain unchanged. This reclassification update, made upon the Company’s request, is based on the criteria which take into account, among others, the following factors: 

 

  • Changes in the Company’s business activity
  • The core business activity’s contribution to the Company’s financial results
  •   

The update in the classification of sector and sub-sector serves to ensure that all investors and industry participants are informed on the latest developments in public listed companies across the Bursa Securities’ Main Market, ACE Market and LEAP Market.