Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector for Ideal Jacobs (Malaysia) Corporation Bhd (“IJACOBS”) to come into effect on 9.00 a.m., Monday, 8 October 2018. The update in the classification of sector for IJACOBS is as follows:
|
Company |
Stock Short Name |
Stock Number |
Present Sector |
New Sector |
|
Ideal Jacobs (Malaysia) Corporation Bhd
|
IJACOBS |
0162 |
Industrial Products & Services |
Construction |
The stock number and stock short name for IJACOBS remain unchanged.
The classification of sector for IJACOBS has been updated based on the criteria which take into account, among others, the following factors:-
- Current business activity of 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 Market, ACE Market and LEAP Market.
