Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector for INFORTECH ALLIANCE BERHAD to come into effect on 9.00 a.m., Thursday, 26 December 2013. The update in the classification of sector for INFORTECH ALLIANCE BERHAD is as follows :-
| Company | Stock Short Name | Stock Number | Present Sector | New Sector |
|---|---|---|---|---|
| INFORTECH ALLIANCE BERHAD | INFOTEC | 0024 | Technology | Industrial Products |
The stock number and stock short name for INFORTECH ALLIANCE BERHAD remain unchanged.
The classification of sector for INFORTECH ALLIANCE BERHAD 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 Market and ACE Market.
