Kenyataan Media
SECTOR UPDATE
Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for Reach Energy Berhad (“REACH”) to come into effect on 9.00 a.m., Friday, 16 December 2016. The update in the classification of sector for REACH is as follows:
Company |
Stock Short Name |
Stock |
Present |
New |
---|---|---|---|---|
Reach Energy Berhad |
REACH |
5256 |
Special Purpose Acquisition Company |
Industrial Products |
The stock number and stock short name of REACH’s securities remain unchanged.
The classification of sector for REACH 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 Market and ACE Market.