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SECTOR UPDATE: MARINE & GENERAL BERHAD

08 Sep 2017

Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for Marine & General Berhad (“M&G”) to come into effect on 9.00 a.m., Friday, 15 September 2017. The update in the classification of sector for M&G is as follows:

Company

Stock Short Name

Stock Number

Present Sector

New Sector

 MARINE & GENERAL BERHAD 

 M&G

5078

 Infrastructure Project Companies

 Trading/Services


The stock number and stock short name for M&G remain unchanged.

The classification of sector for M&G 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.