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 Products | Technology |
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.