This follows the latest December 2022 semi-annual review of the FTSE Bursa Malaysia Index Series.
The index series is reviewed semi-annually in June and December in accordance with the index ground rules.
“All constituent changes take effect at the start of business on Dec 19. The next review will take place in June 2023,” FTSE Russell and Bursa Malaysia said in a joint statement.
The FBM KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be Fraser & Neave Holdings Bhd, Gamuda Bhd, Malaysia Airports Holdings Bhd (MAHB), TIME Dotcom Bhd and Westports Holdings Bhd.
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.
Among those removed from the FBM Mid 70 Index are Aeon Credit Service, Carlsberg Brewery Malaysia, Dufu Technology, Genting Plantations, GHL Systems, Leong Hup International, Sports Toto, Sunway and UMW Holdings.