FTSE Group (FTSE), the award-winning global index provider, and Bursa Malaysia Berhad (Bursa Malaysia) have announced that PETRONAS Chemicals Group will replace Berjaya Sports Toto in the FTSE Bursa Malaysia KLCI following its expected initial public offering (IPO) on Bursa Malaysia’s Main Market on 26 November 2010.
PETRONAS Chemicals Group will be included as a constituent of the FTSE Bursa Malaysia KLCI after its public listing rather than at the regular December semi-annual review, as its market capitalisation is significantly large. The FTSE Bursa Malaysia Index Series Ground Rules allows for the inclusion of sufficiently large stocks after an IPO to ensure that the index accurately reflects the market it measures. To access a research report on turnover analysis including the estimated index weights please visit www.ftse.com/bursamalaysia.
|
INDEX |
CHANGE |
EFFECTIVE
DATE* |
|
FTSE Bursa Malaysia KLCI |
PETRONAS Chemicals Group (5183, B5KQGT3) will be
added to the index with a total share issue of 8,000,000,000 and an
investabilty weighting of 30%. |
29 November 2010 |
|
FTSE Bursa Malaysia Mid 70 Index |
Berjaya Sports Toto will be added to the index with a
total share issue of 1,351,030,000 and an investabilty weighting of 75%. |
29 November 2010 |
|
FTSE Bursa Malaysia Small Cap Index |
Boustead Heavy Industries will be added to the index
with a total share issue of 248,458,000 and an investability weighting of
40%. |
29 November 2010 |
*Qualifies for inclusion in the index after the close of business on the first day of official trading
The change will be subject to the listing of PETRONAS Chemicals Group on 26 November 2010 and all changes will be simultaneously reflected within the corresponding FTSE Bursa Malaysia Indices where necessary.
The index is calculated in accordance with the Industry Classification Benchmark (ICB), the global standard for sector classification and PETRONAS Chemicals Group will be classified as Specialty Chemicals (subsector code 1357).
For more information on the FTSE Bursa Malaysia Index Series including the ground rules please visit www.ftse.com/bursamalaysia.
