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SECTOR UPDATE FOR PARLO BERHAD

29 Jan 2018

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector for Parlo Berhad (formerly known as Cybertowers Berhad) (“PARLO”) to come into effect on 9.00 a.m., Friday, 9 February 2018. The update in the classification of sector for PARLO is as follows:

Company

Stock Short Name

Stock Number

Present Sector

New Sector

Parlo Berhad

PARLO

0022

Technology

Trading/Services
 

The stock number and stock short name for PARLO remain unchanged.

The classification of sector for PARLO 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, ACE Market and LEAP Market.