Sunway Added Into FTSE KLCI Index Replacing AMMB Holdings

FTSE Russell and Bursa Malaysia Berhad today announced several constituent changes to the FTSE Bursa Malaysia Index Series, following the semi-annual review in June 2024. The index series is reviewed on a semi- annual basis in accordance with the ground rules of the respective index.

Among them, Sunway has been included in the FTSE Bursa Malaysia KLCI while AMMB Holdings has been excluded.

As for the mid 70 Index

1 AEON Credit Service (M) Berhad
2 AMMB Holdings
3 IGB Real Estate Investment Trust
4 IJM
5 IOI Properties Group
6 Mega First

7 Pavilion Real Estate Investment Trust
8 Sime Darby Property
9 Sunway Construction Group

Excluded

  1. AEON (M)
  2. Astro Malaysia Holdings
  3. Berjaya Corp
  4. Dagang NeXchange
  5. Hibiscus Petroleum
  6. Sunway (promoted to FTSE Bursa Malaysia KLCI)
  7. Ta Ann Holdings
  8. TSH Resources
  9. Uchi Technologies

Bursa said all constituent changes take effect at the start of business on 24 June 2024 (Monday). The next review will take place in December 2024. The FTSE Bursa Malaysia KLCI, which is part of the FTSE Bursa Malaysia Index Series, is widely used by investors as the primary benchmark for the Malaysian capital market, including derivatives, through the FTSE Bursa Malaysia KLCI Futures (“FKLI”) and the FTSE

Bursa Malaysia KLCI Options (“OKLI”). The benchmark index is also tracked by several index-linked financial products, such as exchange-traded funds. The FTSE Bursa Malaysia KLCI reserve list, comprising the five largest non-constituents of
the index by market capitalisation, are AMMB Holdings, Dialog Group, Gamuda, IOI Properties Group and Malaysia Airports.

The reserve list will be used if one or more constituents are removed from the FTSE Bursa Malaysia KLCI in accordance with the index ground rules during the period up to the next semi-annual review.

FTSE Group and Bursa Malaysia have partnered since 2006 to provide a suite of indexes for the Malaysian capital market.

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