UEM Edgenta included in FBM Emas Index


UEM Edgenta managing director and CEO Syahrunizam Samsudin: "We are encouraged by the greater interest from our investors which reflects our growing market presence and investment proposition as we continue to drive long-term sustainable returns for our stakeholders."

KUALA LUMPUR: UEM Edgenta Bhd has been included in the FTSE Bursa Malaysia EMAS Index (FBM EMAS Index) following the recent FTSE Bursa Malaysia Index Series Semi-Annual Review, effective Monday.

The EMAS Index comprises constituents of the FTSE Bursa Malaysia Top 100 Index and FTSE Bursa Malaysia Small Cap Index.

In a statement on Monday, UEM Edgenta said its inclusion into the FBM EMAS Index was based on the ability to meet index requirements of having over 15 per cent of free float shares and liquidity of more than 0.05 per cent of the free float for at least 10 out of the past 12 months.

With this, the company said it will also be included in four thematic indices, namely the FTSE Bursa Malaysia MidS Cap Shariah Index, FTSE Bursa Malaysia EMAS Shariah Index, FTSE Bursa Malaysia Small Cap Index, and FTSE Bursa Malaysia MidS Cap Index.

"We are encouraged by the greater interest from our investors which reflects our growing market presence and investment proposition as we continue to drive long-term sustainable returns for our stakeholders,” managing director and chief executive officer Syahrunizam Samsudin commented.

The index inclusion has brought UEM Edgenta one step closer to its aim to be included in the FTSE4Good Bursa Malaysia Index, whereby the selection criteria will focus mainly on Environmental, Social and Governance (ESG) areas, it said.

Constituents of the FTSE4Good Bursa Malaysia Index will be reviewed in December 2021, it noted.

"Guided by our Edgenta of the Future 2025 vision, we have made it a priority to play a more positive role in driving our ESG agenda.

"Our continuous efforts in these areas will ensure that our sustainability values are embraced throughout our businesses and that they have impacted the community in a meaningful way,” Syahrunizam added. - Bernama
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