According to the stock exchange filing, the project will be close to retail amenities such as Sunway Giza, Sunway Nexis and Ikea Damansara as well as education institutions including Sri KDU and SEGi University, and Thomson Hospital.
THE ABF Malaysia Bond Index Fund
(ABFMY1) was the first Malaysian exchange-traded fund (ETF) to be listed on Bursa Malaysia on July 18, 2005 with a total of 537.4 million units at a net asset value (NAV) price of RM1.0434, giving it a total market capitalisation of RM560.7mil.
The ABFMY1 also made history as it was the first bond ETF to be listed on the market, well before any equity-based ETF. It took almost two years before the next ETF was listed - the FBM KLCI ETF with a market capitalisation of RM81.1mil in July 2007. To date, Malaysia has some 10 listed ETFs (inclusive of a Gold ETF and eight other equity index-based ETFs) with a combined market capitalisation of about RM2.04bil.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
