Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for ARK Resources Berhad (“ARK”) to come into effect on 9.00 a.m., Friday, 23 February 2018. The update in the classification of sector for ARK is as follows:
Company |
Stock Short Name |
Stock Number |
Present Sector |
New Sector |
---|---|---|---|---|
ARK RESOURCES BERHAD |
ARK |
7007 |
Construction |
Properties |
The stock number and stock short name for ARK remain unchanged.
The classification of sector for ARK 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.