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Bursa Malaysia: Sector And Sub-Sector Update: Vertice Berhad

Date 07/04/2021

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector and sub-sector for VERTICE BERHAD (“VERTICE”) to come into effect on 9.00 a.m., Monday, 12 April 2021. The update in the classification of sector and sub-sector for VERTICE is as follows:

 

Company

Stock Short Name

Stock Number

Current Sector

Current Sub-sector

New Sector

New               Sub-sector

VERTICE BERHAD

VERTICE

7240

Consumer Products & Services

Retailers

Construction

Construction

 

The stock number and stock short name for VERTICE’s securities remain unchanged. The classification of sector and sub-sector for VERTICE (upon the company’s request) has been updated based on the criteria which take 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 sector and sub-sector will ensure all investors and industry participants are kept informed on the latest development of public listed companies in the various sectors of the Bursa Securities’ Main Market, ACE Market and LEAP Market.