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Bursa Malaysia Securities: Sector And Sub-Sector Update: ARB Berhad (Formerly Known As Aturmaju Resources Berhad) (“ARBB”)

Date 08/04/2020

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector and sub-sector for ARBB to come into effect on 9.00 a.m., Monday, 13 April 2020. The update in the classification of sector and sub-sector for ARBB is as follows:-

Company

Stock Short Name

Stock Number

Current Sector

Current Sub-sector

New Sector

New
Sub-sector

ARB BERHAD

 

ARBB

7181

Industrial Products & Services

 

Wood and wood products

Technology

Software


The stock number and stock short name for ARBB’s securities remain unchanged. The classification of sector and sub-sector for ARBB (upon the company’s request) 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 and sub-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, ACE Market and LEAP Market.