FBM KLCI: MR DIY in after recent debut

PETALING JAYA: Glovemaker Supermax Corp Bhd will be removed from the FBM KLCI and will be replaced by MR DIY Group (M) Bhd, which only debuted on Bursa Malaysia in October last year.

The changes to the FBM KLCI will be effective from June 21.

In the FTSE Bursa Malaysia Index Series June 2021 semi-annual review, FTSE Russell and Bursa Malaysia announced that Supermax will be part of the FBM KLCI reserve list.

The reserve list will comprise the five highest-ranking non-constituents of the index by market capitalisation.

“The reserve list will be used if one or more constituents are deleted from the FBM KLCI in accordance with the index ground rules during the period up to the next semi-annual review, ” FTSE Russell and Bursa Malaysia said in a joint statement.

Other companies in the reserve list are Westports Holdings Bhd, QL Resources Bhd, Kossan Rubber Industries Bhd and Inari Amerton Bhd.

Changes were also made to three other indices.

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