Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Bursa Malaysia Sector Update

Date 10/05/2010

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sectors for nine public listed companies (PLCs) to come into effect on 9.00 a.m., Monday, 17 May 2010. The update in the classification of sectors for the nine PLCs is as follows:-

Company Stock Short Name Stock Number Present Sector Present Sector
Minetech Resources Berhad MINETEC 7219 Trading Services Industrial Products
Widetech (Malaysia) Berhad WIDETEC 7692 Consumer Products Trading Services
Fima Corporation Berhad FIMACOR 3107 Properties Industrial Products
Narra Industries Berhad NARRA 5000 Industrial Products Consumer Products
Advance Synergy Berhad ASB 1481 Industrial Products Trading Services
Pjbumi Berhad PJBUMI 7163 Industrial Products Trading Services
Lee Swee Kiat Group Berhad LEESK 8079 Industrial Products Consumer Products
Oceancash Pacific Berhad OCNCASH 0049 Industrial Products Consumer Products
Opcom Holdings Berhad OPCOM 0035 Industrial ProductsTechnology

The stock numbers and stock short names for the nine PLCs remain unchanged. The classification of sectors for the nine PLCs have 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.