Bursa Malaysia Securities Berhad: Sector And Sub-Sector Update: Paragon Globe Berhad

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector and sub-sector for PARAGON GLOBE BERHAD (“PGLOBE”) to come into effect on 9.00 a.m., Monday, 13 January 2020. The update in the classification of sector and sub-sector for PGLOBE is as follows:

Current Sector	New Sector
Industrial Products & Services	Property
Current Sub-sector	New Sub-sector
Building Materials	Property

The stock number and stock short name for PGLOBE’s securities remain unchanged. The classification of sector and sub-sector for PGLOBE (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.