Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Kuala Lumpur Stock Exchange Sector Update: Malaysian Resources Corporation Berhad

Date 19/11/2003

The Index Sub-Committee of the Kuala Lumpur Stock Exchange (KLSE) has decided to update the classification of sector for Malaysian Resources Corporation Berhad to come into effect on 9.00a.m., Friday, 21 November 2003.

The update in the classification of sector for Malaysian Resources Corporation Berhad is as follows:

Company

Stock Short Name

Stock Number

Present Sector

New Sector
Malaysian Resources Corporation Berhad

MRCB

1651 Trading/ Services

Construction

The Stock Number and Stock Short Name of the company remain unchanged.

The Index Sub-Committee has updated the classification of sector for Malaysian Resources Corporation Berhad (upon the company's request) 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 Index Sub-Committee comprises representatives from the industry, asset management, accounting, unit trust management, listed companies, institution of higher learning and KLSE.

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 KLSE's Main Board and Second Board.