KUALA LUMPUR: Westports Holdings Bhd
may replace Sime Darby Bhd in the upcoming FBM KLCI review, as its market capitalisation ranking has risen to 24th among eligible securities, surpassing the eligibility threshold of the 25th-largest market cap.
The next FBM KLCI review announcement is scheduled for Dec 4, 2025, and will be based on closing share prices as of Nov 24, 2025.
Any changes to the index constituents will take effect on Dec 22, 2025.
CIMB Securities noted that based on closing market data as of July 10, Westports has risen to 24th position in market cap among eligible Main Market securities.
“The company could potentially be added to the FBM KLCI in the next review, provided it retains a ranking of 25th or higher among eligible securities as of Nov 24, the cut-off date.
“Currently, the market cap gap between Westports and Nestle Malaysia (the 26th-ranked eligible security) stands at 6.3%.
“If Westports is added, we believe Sime Darby, which currently has the lowest market cap among existing KLCI constituents, could be removed to make room,” the research house pointed out in a note yesterday.
In addition to meeting the market cap requirement, it said securities must have a free float of at least 15% and pass a liquidity screening test to qualify for inclusion in the FBM KLCI.
Port operator MMC Port Holdings Bhd had reportedly moved closer to what could be Malaysia’s largest initial public offering in 13 years, following the submission of a draft prospectus to the Securities Commission, as published on the regulator’s website. — Bernama
