Bursa Malaysia: Update In Kuala Lumpur Syariah Index (KLSI) Components

Bursa Malaysia (the Exchange) is updating the component stocks of the Kuala Lumpur Syariah Index (KLSI) in line with the revised list of approved securities issued by the Syariah Advisory Council of the Securities Commission on 30 April 2004. The component stocks update to the KLSI will come into effect on Monday, 31 May 2004.

The new component stocks to be included in the KLSI are:

New Component Stocks with effect from Monday, 31 May 2004

Sectors	Companies
Consumer Products	Poh Kong Holdings Bhd (09.06.2004)
Industrial Products	Cymao Holdings Bhd (21.06.2004) Seal Polymer Industries Bhd
Construction	Malaysian Resources Corporation Bhd
Trading/ Services	Esthetics International Group Bhd (11.06.2004) George Town Holdings Bhd Hyundai-Berjaya Corporation Bhd KBES Bhd Malaysian Bulk Carriers Bhd Reliance Pacific Bhd
Infrastructure Project Companies	Sunway Infrastructure Bhd
Property	AMDB Bhd Plenitude Bhd Prime Utilities Bhd Yu Neh Huat Bhd Fountain View Development Bhd
Plantation	Kluang Rubber Company (Malaya) Bhd

Note: Newly listed companies will be included in the KLSI on the date indicated next to the name of the company.

There are a total of 17 companies to be included in the KLSI.

Component Stocks to be removed with effect from Monday, 31 May 2004

Sectors	Companies
Consumer Products	Fraser & Neave Holdings Bhd Hong Leong Industries Bhd Proton Holdings Bhd
Industrial Products	Lion Industries Corporation Bhd
Construction	General Corporation Bhd UEM Builders Bhd
Trading/ Services	Media Prima Bhd
Property	FACB Resorts Bhd Hong Leong Properties Bhd
PN4 Condition	Integrated Rubber Corporation Bhd Kemayan Corporation Bhd Pan Pacific Asia Bhd

There are a total of 12 companies to be removed from the KLSI.

The KLSI is a weighted-average index with its component stocks made up of Main Board companies designated as Syariah approved securities by the Syariah Advisory Council of the Securities Commission. With the latest update, there will be 442 Main Board companies which form the components of the KLSI.

The KLSI was launched on 17 April 1999 to meet the increasing demand by local and foreign investors seeking to invest in securities and instruments which are in line with Syariah principles.