Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector for LIONFIB to come into effect on 9.00 a.m., Monday, 16 November 2009. The update in the classification of sector for LIONFIB’s securities are as follows :-
| Company | Stock Short Name | Stock Code | Present Sector | New Sector |
|---|---|---|---|---|
| LION FOREST INDUSTRIES BERHAD | LIONFIB | 8486 | Trading/Services | Consumer Products |
The stock code and stock short name for the company’s securities remain unchanged. The classification of sector for LIONFIB (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 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.
