IOI Properties Group Berhad will join Malaysia’s benchmark stock index, the FTSE Bursa Malaysia KLCI, replacing Sime Darby Berhad following the latest semi-annual review by FTSE Russell and Bursa Malaysia.
The index changes, announced on Thursday, will take effect on June 22, 2026.
The review is conducted twice yearly under FTSE Russell’s rules-based methodology, which evaluates companies based on factors including market capitalisation, free float and trading liquidity to ensure the indices accurately reflect the Malaysian equity market.
Under the latest revision, IOI Properties will be the sole addition to the 30-stock FBM KLCI, while Sime Darby will exit the benchmark index.
The reshuffle is expected to prompt portfolio adjustments among index-tracking funds and institutional investors that benchmark against the FBM KLCI.
Mid 70 Index Sees Five New Entrants
The FTSE Bursa Malaysia Mid 70 Index will also undergo significant changes, with five companies joining the index.
The new inclusions are AirAsia X Berhad, Allianz Malaysia Berhad, Ranhill Utilities Berhad, Sime Darby Berhad and Solarvest Holdings Berhad.
They will replace CTOS Digital Berhad, Genting Plantations Berhad, IOI Properties Group Berhad, NationGate Holdings Berhad and Tropicana Corporation Berhad.
Changes to Shariah Index
Meanwhile, the FTSE Bursa Malaysia Hijrah Shariah Index will see Sunway Healthcare Holdings Berhad and Tanco Holdings Berhad added to the index.
They will replace Eco-Shop Marketing Berhad and Zetrix AI Berhad.
KLCI Reserve List Announced
FTSE Russell also announced the FBM KLCI reserve list, comprising the five largest non-constituents by market capitalisation as of the review’s cut-off date on May 25.
The reserve list consists of KPJ Healthcare Berhad, QL Resources Berhad, Sime Darby Berhad, United Plantations Berhad and Westports Holdings Berhad.
The reserve list will be used should any FBM KLCI constituent be removed before the next scheduled review.
FTSE Russell and Bursa Malaysia have jointly maintained the FTSE Bursa Malaysia Index Series since 2006, providing a suite of benchmark indices for the Malaysian capital market.
