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Bursa Malaysia Securities Berhad (Bursa Securities) has decided to update the classification of sector for Parkson Holdings Berhad (PARKSON) to come into effect on 9.00 a.m., Monday, 29 October 2007.
The update in the classification of sector for PARKSON is as follows:-
| Company | Short Stock Name | Stock Number | Present Sector | New Sector |
|---|---|---|---|---|
| Parkson Holdings Berhad | PARKSON | 5657 | Industrial Products | Trading/Service |
The stock number and stock short name for the company remain unchanged.
The classification of sector for PARKSON 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 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 Bursa Securities’ Main Board and Second Board.
