- Hyundai Heavy Industries Company Limited (Korea, SEDOL: 6446620, GICS: Industrials, GICS Code: 20106010) will replace Yulon Motor Company Limited (Taiwan, SEDOL: 6988597) in the S&P Asia 50 Index, after the close of trading Wednesday, May 18, 2005. Yulon Motor is being deleted from the S&P Asia 50 due to company size considerations.
Following is a summary of the announced changes:
S&P Asia 50 Index – May 18, 2005 after the market close | |||
Company Name |
GICS |
GICS |
|
ADDED | Hyundai Heavy Industries Co. Ltd. | Industrials | Construction & Farm Machinery & Heavy |
DELETED | Yulon Motor Company Limited |
Consumer |
Automobile |
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
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