Bursa Malaysia Securities Sector And Sub-Sector Update : Supercomnet Technologies Berhad

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector and sub-sector for SUPERCOMNET TECHNOLOGIES BERHAD (“SCOMNET”) to come into effect on 9.00 a.m., Monday, 11 January 2021. The update in the classification of sector and sub-sector for SCOMNET is as follows :-

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