KUALA LUMPUR – Home improvement retailer MR DIY Group (M) Bhd has been included as one of the 30 constituents of the FTSE Bursa Malaysia KLCI (FBM KLCI), replacing glovemaker Supermax Corporation Bhd.
A joint statement by FTSE Russell and Bursa Malaysia Bhd today said the change was made following a semi-annual review of the FTSE Bursa Malaysia Index Series, done in accordance with index ground rules.
“The FBM KLCI reserve list comprises the five highest-ranking non-constituents of the index by market capitalisation, namely Westports Holdings, QL Resources, Supermax, Kossan Rubber and Inari Amertron.”
The reserve list will be used if one or more constituents are deleted from FBM KLCI in accordance with the index ground rules during the period up to the next semi-annual review.
The statement said the FTSE Bursa Malaysia Mid 70 Index saw five new constituents – D&O Green Technologies, Greatech Technology, Hong Leong Industries, Supermax and UMW Holdings – while the FTSE Bursa Malaysia Hijrah Shariah Index welcomed MR DIY Group and Press Metal Aluminium Holdings.
It said there will be 39 inclusions and five exclusions for the FTSE Bursa Malaysia Emas Index, expanding the number of constituents to 316.
“Newly included companies will also be assessed for their social and corporate governance (ESG) performance and disclosures, in accordance with the FTSE4Good Ratings Model, in the next review cycle.”
It said companies that fulfil the inclusion criteria by addressing and putting in place measures to mitigate their material ESG risks will be included in the FTSE4Good Bursa Malaysia Index.
All constituent changes will take effect on June 21, and the next review will be in December, it added. – Bernama, June 3, 2021
