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Sector and Sub-sector Update: KUMPULAN PERANGSANG SELANGOR BERHAD

03 Apr 2019

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector and sub-sector for KUMPULAN PERANGSANG SELANGOR BERHAD (“KPS”) to come into effect on 9.00 a.m., Monday, 8 April 2019. The update in the classification of sector and sub-sector for KPS is as follows:-

Current Sector

New Sector

Utilities

Industrial Products & Services

Current Sub-sector

New Sub-sector

Gas, Water & Multi-Utilities

Diversified Industrials 


The stock number and stock short name for KPS’ shares remain unchanged. The classification of sector and sub-sector for KPS (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.