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Kuala Lumpur Stock Exchange Sector Update

Date 27/11/2003

The Index Sub-Committee of the Kuala Lumpur Stock Exchange (KLSE) has decided to update the classification of sector for MY-INFOTECH (M) BERHAD (MYINFO) to come into effect on 28 November 2003. <;p> The update in the classification of sector for MYINFO is as follows:

Company Stock Short Name Stock Number Present Sector New Sector
MY-INFOTECH (M) BERHAD - Ordinary Shares MYINFO
9008
Trading/Services
Technology
MY-INFOTECH (M) BERHAD - Irredeemable Convertible Preference Shares MYINFO-PA 9008PA Trading/Services Technology

The stock numbers and stock short names for the company's securities remain unchanged.

The Index Sub-Committee has updated the classification of sector for MYINFO (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 developments of public listed companies in the various sectors of the KLSE's Main Board and Second Board.