Changes To Bursa Malaysia's KLSE Syariah Index

Bursa Malaysia Berhad (Bursa Malaysia) today announced changes to its KLSE Syariah Index list of companies in line with the recent update of Syariah-approved securities by the Syariah Advisory Council of the Securities Commission on 29th April 2005.

Consequently, the KLSE Syariah Index which comprises of Main Board Syariah approved securities will include the following new components with effect from 25.05.05:

1. AirAsia Bhd
2. Amsteel Corporation Bhd
3. BP Plastics Holding Bhd
4. Bukit Katil Resources Bhd
5. Ekowood International Bhd
6. Evergreen Fibreboard Bhd (10.3.2005)*
7. Guan Chong Bhd (8.4.2005)*
8. GuocoLand (Malaysia) Bhd
9. Harbour-Link Group Bhd
10. Heveaboard Bhd
11. Hong Leong Industries Bhd
12. LCTH Corporation Bhd
13. Mahajaya Bhd (28.3.2005)*
14. Malaysia Steel Works (KL) Bhd
15. Mentakab Rubber Company (Malaysia) Bhd
16. Ornasteel Holdings Bhd
17. PECD Bhd
18. QSR Brands Bhd
19. Selangor Properties Bhd
20. Sime Engineering Services Bhd
21. Sungei Bagan Rubber Co (M) Bhd
22. WCT Land Bhd

* These newly listed companies will be included in the KLSE Syariah Index three months after their listing date. Their listing dates are as indicated.

In addition to these new inclusions, the changes include the removal of the following components from the KLSE Syariah Index with effect from 25.05.2005:

1. AMDB Bhd
2. Comsa Farms Bhd
3. Esthetics International Group Bhd
4. FA Peninsular Bhd
5. Insas Bhd
6. Magni-Tech Industries Bhd

These changes will bring the number of component stocks in the KLSE Syariah Index to 496.