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FTSE Group (“FTSE”), award-winning global index provider, and Bursa Malaysia Berhad (“Bursa Malaysia”) announced that Nestle Berhad will replace Parkson Holdings Bhd in the FTSE Bursa Malaysia KLCI following the semi-annual review approved by the FTSE Bursa Malaysia Index Advisory Committee today.
The FTSE Bursa Malaysia KLCI is widely followed by investors as the benchmark for the Malaysian market and is used as the basis for the FTSE Bursa Malaysia KLCI ETF, FTSE Bursa Malaysia KLCI Futures (FKLI), FTSE Bursa Malaysia KLCI Options (OKLI) and other financial products including warrants. The indices are reviewed semi-annually by the independent FTSE Bursa Malaysia Index Advisory Committee in accordance with the index ground rules. The reviews ensure that the indices accurately reflect the markets they represent. This is essential when the indices are used to benchmark investment portfolios and are used as the basis of index-linked products.
The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest ranking non-constituents of the index by market capitalisation, will be (in order of full market capitalisation) Hong Leong Financial Group Bhd, IJM Corp Bhd, Gamuda Bhd, Parkson Holdings Bhd and Lafarge Malayan Cement Bhd. Companies in the reserve list will replace constituents that become ineligible as a result of corporate actions before the next review.
The changes to the FTSE Bursa Malaysia Mid 70 Index are detailed below:
| Inclusions | Exclusions | |
|---|---|---|
| 1 | Parkson Holdings Bhd |
Oriental Holdings Bhd |
| 2 | Mudajaya Group Bhd | United Plantations Bhd |
| 3 | Hartalega Holdings Bhd | NCB Holdings Bhd |
| 4 | QL Resources Bhd | Sarawak Oil Palms Bhd |
| 5 | KPJ Healthcare Bhd | Selangor Properties Bhd |
The FTSE Bursa Malaysia Hijrah Shariah Index, a tradable index of 30 stocks to be used as the basis for international Shariah-compliant products, was also reviewed and the following changes were approved:
| Inclusions | Exclusions | |
|---|---|---|
| 1 | Maxis Bhd |
Batu Kawan Bhd |
| 2 | Nestle Malaysia Bhd | United Plantations Bhd |
| 3 | Star Publications Malaysia Bhd | KFC Holdings Malaysia Bhd |
| 4 | Kencana Petroleum Bhd | NCB Holdings Bhd |
All constituent changes take effect at start of business on 21 December 2009 and the next review will take place in June 2010.
Further information on the FTSE Bursa Malaysia Index Series review including all additions and deletions as well as ground rules are available at www.ftse.com/bursamalaysia. Index codes and performance information is available at www.ftse.com/bursamalaysia and www.bursamalaysia.com.
