The update in the classification of sector for TRONOH is as follows:
Company | Short Stock Name | Stock Number | Present Sector | New Sector |
Tronoh Mines Malaysia Berhad | TRONOH | 2283 | Mining | Construction |
The stock number and stock short name for the company remain unchanged.
The Index Committee has updated the classification of sector for TRONOH (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 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 MSEB's Main Board and Second Board.