Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for Tadmax Resources Berhad (“Tadmax”) to come into effect on 9.00 a.m., Monday, 24 August 2015. The update in the classification of sector for Tadmax is as follows:
Company |
Stock Short Name |
Stock Number |
Present Sector |
New Sector |
Tadmax Resources Berhad |
TADMAX |
4022 |
Industrial Products |
Properties
|
The stock number and stock short name for TADMAX remain unchanged.
The classification of sector for TADMAX 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 and ACE Market.