- 7 new inclusions and 3 deletions from the FTSE4Good Bursa Malaysia Index
- 7 new inclusions and 4 deletions from the FTSE4Good Bursa Malaysia Shariah Index
Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today announced seven new additions to the constituents of the FTSE4Good Bursa Malaysia (“F4GBM”) Index and FTSE4Good Bursa Malaysia Shariah (“F4GBMS”) Index, respectively.
Launched in December 2014 with 24 constituents, the F4GBM Index measures the performance of public listed companies (“PLCs”) demonstrating strong Environmental, Social and Governance (“ESG”) practices. The F4GBM Index constituents are drawn from the companies on the FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium and large market capitalisation segments.
On the other hand, the F4GBMS Index was launched in July 2021 with 54 constituents, and is designed to track constituents in the F4GBM that are Shariah-compliant in accordance with the Shariah Advisory Council (“SAC”) screening methodology. Both indices are reviewed semi-annually in June and December against international benchmarks.
For the latest review period of December 2021, there are seven new additions and three deletions from the F4GBM Index constituents, bringing the total number of constituents to 80, continuing its year-on-year increase since the inception of the index in 2014. Separately, the seven new additions and four deletions for the F4GBMS Index will result in the index being made up of 57 constituents. All constituent changes will take effect at the start of business on Monday, 20 December 2021.
Details of the changes to the F4GBM Index and F4GBMS Index for the December 2021 semi-annual review are reflected below:
FTSE4Good Bursa Malaysia Index
Inclusions |
Reason |
|
1 |
Frontken Corporation |
Now meets FTSE4Good criteria |
2 |
Kelington Group |
Now meets FTSE4Good criteria |
3 |
MR D.I.Y. Group (M) |
Now meets FTSE4Good criteria |
4 |
Pentamaster Corporation |
Now meets FTSE4Good criteria |
5 |
Pharmaniaga |
Now meets FTSE4Good criteria |
6 |
Tune Protect Group |
Now meets FTSE4Good criteria |
7 |
ViTrox Corporation |
Now meets FTSE4Good criteria |
Exclusions |
Reason |
|
1 |
Ajinomoto (M) |
FBM EMAS deletion |
2 |
Heineken Malaysia |
FBM EMAS deletion |
3 |
Sime Darby Property |
FBM EMAS deletion |
FTSE4Good Bursa Malaysia Shariah Index
Inclusions |
Reason |
|
1 |
Frontken Corporation |
Meets SAC status |
2 |
Kelington Group |
Meets SAC status |
3 |
MR D.I.Y. Group (M) |
Meets SAC status |
4 |
Pentamaster Corporation |
Meets SAC status |
5 |
Pharmaniaga |
Meets SAC status |
6 |
RCE Capital |
Meets SAC status |
7 |
ViTrox Corporation |
Meets SAC status |
Exclusions |
Reason |
|
1 |
Ajinomoto (M) |
FBM EMAS deletion |
2 |
Deleum |
No longer meets SAC status |
3 |
Sime Darby Property |
FBM EMAS deletion |
4 |
Yinson Holdings |
No longer meets SAC status |
Note:
The F4GBMS Index comprises constituents of the F4GBM Index that are Shariah compliant according to the Securities Commission’s Shariah Advisory Council (SAC) screening methodology.
Bursa Malaysia and FTSE Russell have been conducting outreach programmes to encourage and support companies in improving their ESG disclosures and practices. In addition, Bursa Malaysia has put together collaborative efforts with other ESG ecosystem players, such as the financial institutions and institutional investors, to further incentivise PLCs to advance their respective ESG journey. The continuous increase in the number of constituents reflects the effectiveness of these programmes.
The updated listings of F4GBM Index and F4GBMS Index will be available on the Bursa Malaysia website after 24 December 2021 via the following link: