Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for GSB Group Berhad (“GSB”) to come into effect on 9.00 a.m., Monday, 14 September 2015. The update in the classification of sector for GSB is as follows:
Company |
Stock Short Name |
Stock Number |
Present Sector |
New Sector |
GSB Group Berhad
|
GSB |
7077 |
Industrial Products
|
Properties |
The stock numbers and stock short names for GSB remain unchanged.
The classification of sector for GSB 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 sectors 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 and ACE Market.