KUALA LUMPUR: IOI Properties Group Bhd
(IOIPG) is set to rejoin the FBM KLCI more than a decade after its removal, replacing Sime Darby Bhd among the index constituents.
In a joint statement, index provider FTSE Russell and Bursa Malaysia said Sime Darby will be relegated to the FBM Mid 70 Index following a semi-annual review of the FTSE Bursa Malaysia Index Series.
Sime Darby will also be included in the FBM KLCI reserve list, comprising the five largest non-constituents of the index by market capitalisation, alongside KPJ Healthcare Bhd, QL Resources Bhd, United Plantations Bhd and Westports Holding Bhd.
Other companies making their entry into the Mid 70 list are AirAsia X Bhd, Allianz Malaysia Bhd, Ranhill Utilities Bhd and Solarvest Holdings Bhd, replacing CTOS Digital Bhd, Genting Plantations Bhd, Nationgate Holdings Bhd and Tropicana Corp Bhd.
Meanwhile, the FBM Hijrah Shariah Index is seeing the inclusion of Sunway Healthcare Holdings Bhd and Tanco Holdings Bhd. This comes as Eco-Shop Marketing Bhd and Zetrix AI Bhd make their exit from the 30-stock Shariah-compliant investment index.
All constituent changes will come into effect on June 22, 2026.
"The FTSE Bursa Malaysia Index Series is reviewed semi-annually under FTSE Russell’s transparent, rules-based methodology, which assesses companies against established criteria including market capitalisation, free float and liquidity to ensure that each index continues to accurately represent the Malaysian equity market," said FTSE Russell and Bursa Malaysia in a joint statement.
The next review will take place in December 2026.
