KUALA LUMPUR (Bernama) — Southern Cable Group Bhd is slated to switch to the Major Market of the native bourse on Oct 28, 2021.
The corporate, which was listed on the ACE Market of Bursa Securities Bhd on Oct 16, 2020, mentioned it can now be labeled beneath the Major Market’s Industrial Merchandise and Providers Sector and commerce its total share capital of 800 million shares beneath the inventory title SCGBHD and inventory code 0225.
In a press release immediately, Southern Cable mentioned the corporate is a registered provider of cables and wires with Tenaga Nasional Bhd, Telekom Malaysia Bhd, Sabah Electrical energy Sdn Bhd and Petroliam Nasional Bhd.
“Main initiatives the group equipped to incorporate Mass Fast Transit, refinery and petrochemical crops,” it mentioned, including that additionally it is a key provider to varied industries together with, amongst others, telecommunications, constructing and development, and infrastructure.