Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) will announce the results of the first review of the component stocks of the Straits Times Index (STI) and the 19 other indices in the FTSE ST Index Series after market close on Thursday, 11 September 2008.
The STI and FTSE ST indices will be reviewed in line with the ground rules and any changes will be approved by the newly-formed independent FTSE ST Index Advisory Committee. The committee is chaired by Mr Greg Seow and comprises eight other market practitioners from Singapore’s investment community. This rules-based approach and index committee structure ensures transparency and objectivity in the management of the STI and the FTSE ST Index Series.
Changes announced at the review on 11 September 2008 will be implemented after market close on Friday, 19 September 2008. Reviews will be carried out half-yearly, in March and September each year.
For more information about the STI and FTSE ST Index Series, please visit www.ftse.com/st
