Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector and sub-sector for BINASTRA CORPORATION BERHAD (“BNASTRA”) to come into effect on 9.00 a.m., Monday, 8 April 2024. The update in the classification of sector and sub-sector for BNASTRA is as follows:-
|
|
Current |
New |
|
Sector |
Industrial Products & Services |
Construction |
|
Sub-sector |
Industrial Materials, Components & Equipment |
Construction |
The Stock Number and Stock Short Name for BNASTRA shares remain unchanged. The classification of sector and sub-sector for BNASTRA (upon the Company’s request) 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 sector and sub-sector 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, ACE Market and LEAP Market.
