Pursuant to GW Plastics Holdings Berhad’s regularisation plan, the Company has changed its name to MCT Bhd. The Stock Short Name is as follows:
Old Name |
Old Stock Short Name
|
New Name |
New Stock Short Name |
GW PLASTICS HOLDINGS BERHAD
|
GWPLAST |
MCT BERHAD |
MCT |
However, the Company’s Stock Number remains unchanged.
Bursa Malaysia Securities Berhad (“Bursa Securities”) has also decided to update the classification of sector for the Company from “Industrial Products” sector to “Properties” sector.
The classification of sector for the Company 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.
As such, the Company’s shares will be traded and quoted under the new name and sector with effect from 9:00 a.m., Monday, 6 April 2015.