Bursa Malaysia announces 10 new additions to F4GBM index

Bursa Malaysia said the nine new additions to the F4GBMS index will increase the index’s constituent count to 65.

PETALING JAYA: Bursa Malaysia has announced 10 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) index and nine new additions to the constituents of the F4GBM syariah (F4GBMS) index.

For the latest review period of June 2022, the stock exchange operator said there were 10 new additions and two deletions from the F4GBM index constituents.

“This brings the total number of constituents to 87, continuing the index’s year-on-year increase since its inception in 2014,” it said in a statement.

The bourse said F4GBM inclusions were, namely, Dialog Group Bhd, George Kent (M) Bhd, Greatech Technology Bhd, Innature Bhd, Malaysian Pacific Industries Bhd (MPI), Paramount Corp Bhd, Press Metal Aluminium Holdings Bhd, Scicom (MSC) Bhd, Scientex Bhd and S P Setia Bhd.

Meanwhile, the exclusions for F4GBM were Magnum Bhd and MNRB Holdings Bhd.

Besides that, Bursa Malaysia said the nine new additions to the F4GBMS index will increase the index’s constituent count to 65.

For the F4GBMS index, the inclusions were Dialog Group, George Kent, Greatech Technology, Innature, MPI, Paramount Corp, Press Metal Aluminium, Scientex and S P Setia.

All constituent changes will take effect on June 20, 2022.

Launched in December 2014 with 24 constituents, the F4GBM index measures the performance of public-listed companies demonstrating strong environmental, social and governance practices.

On the other hand, the F4GBMS index was launched in July 2021 with 54 constituents, and is designed to track constituents in the F4GBM that are syariah-compliant in accordance with the Syariah Advisory Council screening methodology. Both indices are reviewed semi-annually in June and December against international benchmarks.

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