The update in the classification of sector for Nexnews Berhad is as follows:
Company |
Short Stock Name |
Stock Number |
Present Sector |
New Sector |
Nexnews
|
NEXNEWS |
6025
|
Consumer
Products |
Trading/Services |
The company's stock number and stock short name remains unchanged.
The Index Sub-Committee has updated the classification of sector for Nexnews Berhad (upon the company's request) 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 MSEB's Main Board and Second Board.