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Bursa Malaysia Securities Sector Update: Advance Synergy Capital Berhad

Date 12/01/2005

Bursa Malaysia Securities Berhad (Bursa Securities) has decided to update the classification of sector for Advance Synergy Capital Berhad (ASCAP) to come into effect on 9.00 a.m., Monday, 17 January 2005.

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

Company Short Stock Name Stock Number Present Sector New Sector
Advance Synergy Capital Berhad

ASCAP 5762 Finance Trading/Services

The stock number and stock short name remain unchanged.

The classification of sector for ASCAP (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.