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.