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Bursa Malaysia Securities Berhad (“Bursa Malaysia Securities”) has decided to update the classification of sector for XINGHE to come into effect on 9.00a.m., Friday, 9 May 2014. The update in the classification of sector for XINGHE is as follows:
| Company | Stock Short Name | Stock Number | Present Sector | New Sector |
|---|---|---|---|---|
| Xinghe Holdings Berhad | XINGHE | 0095 | Trading / Services | Consumer Products |
The Stock Number and Stock Short Name of XINGHE’s shares remain unchanged. The classification of sector for XINGHE (upon the company’s request) has been updated based on the criteria which take into account, amongst 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 Malaysia Securities’ Main Market and ACE Market.
