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Bursa Malaysia Securities Sector Update: Lim Seong Hai Capital Berhad

Date 05/04/2023

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector for LIM SEONG HAI CAPITAL BERHAD (“LSH”) to come into effect on 9.00 a.m., Monday, 10 April 2023. The update in the classification of sector for LSH is as follows :-

 

 

Current

New

Sector

Industrial Products & Services

Construction

Sub-sector

Diversified Industrials

Construction

The stock number and stock short name for LSH shares remain unchanged. The classification of sector for LSH (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 sector 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.