Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for Malaysian Resources Corporation Berhad (“MRCB”) to come into effect on 9.00 a.m., Monday, 7 July 2014. The update in the classification of sector for MRCB is as follows:
Company | Stock Short Name | Stock Number | Present Sector | New Sector |
---|---|---|---|---|
Malaysian Resources Corporation Berhad | MRCB | 1651 | Constructions | Properties |
Malaysian Resources Corporation Berhad – Warrants A | MRCB-WA | 1651WA | Constructions | Properties |
The stock numbers and stock short names for MRCB remain unchanged.
The classification of sector for MRCB 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.