Kuala Lumpur Stock Exchange: Update In KLSE CI Component Stocks

The Index Sub-Committee of the Kuala Lumpur Stock Exchange (KLSE) in its regular review of the KLSE Composite Index (KLSE CI) has decided to release five companies as component stocks of the KLSE CI effective Monday, 18 November 2002.

The companies to be released are :

	COMPANY	SECTOR
1	Boustead Holdings Bhd	Trading/Services
2	Metroplex Bhd	Trading/Services
3	Grand United Holdings Bhd	Industrial Products
4	Pelangi Bhd	Properties
5	Sunway Holdings Incorporated Bhd	Construction

In place of the component stocks released, the five companies to be included as component stocks of the KLSE CI effective Monday, 18 November 2002 are :

	COMPANY	SECTOR
1	Maxis Communications Bhd	Trading/Services
2	Plus Expressways Bhd	Trading/Services
3	Pos Malaysia & Services Holdings Bhd	Trading/Services
4	Globetronics Technology Bhd	Technology
5	United Plantations Bhd	Plantations

The Index Sub-Committee included the five companies as component stocks of KLSE CI based on the selection criteria which take into account, among others, the following factors :

Market Capitalisation
Business Activities
Trading Volume

The Index Sub-Committee comprises independent industry representatives from asset management, accounting, unit trust management and listed companies, research divisions of organisations, institutions of higher learning and a representative of the KLSE.

The KLSE CI, made up of 100 component stocks listed on the Main Board of the Exchange, among others generally reflects developments and changes in the business sectors of the national economy represented on the Exchange.