AMMB might become index constituent stock again


CIMB Securities said that AMMB has met all three criteria for inclusion.

PETALING JAYA: AMMB Holdings Bhd could become an FBM KLCI constituent again in June by replacing Hong Leong Financial Group Bhd (HLFG), following the semi-annual review of the index.

CIMB Securities, in a report, stated that AMMB, which was removed from the 30-stock index in June last year following a similar exercise, has met all three criteria for inclusion – market capitalisation ranking, a minimum free float of 15% and liquidity screening.

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