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Bursa Malaysia Securities Berhad Sector Update: Welli Multi Corporation Berhad

Date 03/11/2004

Bursa Malaysia Securities Berhad (Bursa Securities) has decided to update the classification of sector for Welli Multi Corporation Berhad (WELLI) to come into effect on 9.00 a.m., Monday, 8 November 2004.

The update in the classification of sector for WELLI is as follows:

Company Short Stock Name Stock Number Present Sector New Sector
Welli Multi Corporation Berhad

WELLI 8958 Consumer Products Industrial Products

The stock number and stock short name for the company remain unchanged.

The classification of sector for WELLI (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 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 Board and Second Board.