Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Update In KLSE Syariah Index Component

Date 06/11/2003

The Kuala Lumpur Stock Exchange (KLSE) is updating the component stocks of the KLSE Syariah Index (KLSE SI) in line with the revised list of approved securities issued by the Syariah Advisory Council of the Securities Commission on 31 October 2003. The component stocks update to the KLSE SI will come into effect on Friday, 21 November 2003.

The new component stocks to be included in the KLSE SI are:

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SECTORS COMPANIES
Consumer Products 1. DXN Holdings Bhd (30.12.2003)
2. Gold IS Bhd
3. NTPM Holdings Bhd
Industrial Products 1. Coastal Contracts Bhd
2. Hiap Teck Venture Bhd (2.12.2003)
3. Luster Industries Bhd (11.12.2003)
Construction 1. Crest Builder Holdings Bhd
2. Protasco Bhd
Trading/Services 1. Arus Murni Corporation Bhd
2. Konsortium Logistik Bhd
3. Pernas International Holdings Bhd
4. PLUS Expressways Bhd
5. Pos Malaysia & Services Holdings Bhd
6. Salcon Bhd
Infrastructure Project Companies 1. KL Infrastructure Group Bhd
Property 1. Bandara Raya Developments Bhd
2. Meda Inc. Bhd
3. Naim Cendera Holdings Bhd (12.12.2003)
4. Selangor Dredging Bhd
5. YTL Land & Development B
Plantation 1. BLD Plantation Bhd
2. IJM Plantations Bhd
3. Riverview Rubber Estate Bhd
4. The Ayer Molek Rubber Company Bhd

Newly listed companies will be included in the KLSE SI on the date indicated beside the name. There are a total of 24 companies to be included in the KLSE SI.

Components to be removed with effect from 21 November 2003 :

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  COMPANIES
Trading / Services 1. Mulpha International Bhd
Finance 1. Avenue Assets Bhd
Property 1. Eastern & Oriental Bhd
2. Petaling Garden Bhd
Mining 1. Kuchai Development Bhd
Plantation 1. Highlands & Lowlands Bhd

There are a total of 6 companies to be removed from the KLSE SI.

The KLSE SI is a weighted-average index with its components 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 are now 433 Main Board companies which form the components of the KLSE SI.

The KLSE SI 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.