Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Bursa Malaysia Sector Update

Date 04/04/2017

Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for IDEAL United Bintang Berhad (“IDEALUBB”) to come into effect on 9.00 a.m., Monday, 10 April 2017. The update in the classification of sector for EWEIN is as follows:

Company

Stock Short
Name

Stock
Number

Present
Sector

New
Sector

IDEAL United Bintang Berhad

IDEALUBB

9687

Industrial Products

Properties

The stock numbers and stock short names for IDEALUBB remain unchanged.
The classification of sector for IDEALUBB 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.