17 minutes
PETALING JAYA: Bursa Malaysia Bhd yesterday announced six new entrants to the FTSE4Good Bursa Malaysia (F4GBM) Index, while four companies have been dropped from the index in the semi-annual review.
The index, which measures the performance of listed companies demonstrating strong environmental, social and governance (ESG) practices, welcomed DKSH Holdings (M), Heineken Malaysia, Mah Sing Group, MNRB Holdings, Pos Malaysia and Unisem (M).
Conversely, the review has excluded George Kent (M), IOI Properties Group, KLCC PROP & REITS – Stapled Securities and Top Glove Corp from F4GBM.
The constituent changes will take effect at the start of business on June 21.
With the changes, the number of constituents in the index stands at 76, compared with 75 as at the last index review in December 2020 and 74 as of February 2021 (due to the delisting of Chemical Company of Malaysia Bhd).
Bursa Malaysia said F4GBM constituents are drawn from the companies on the FTSE Bursa Malaysia EMAS Index, comprising PLCs from across the small, medium and large market capitalisation segments and the index is reviewed in June and December against international benchmarks.
Bursa and its partner, FTSE Russell, have been conducting outreach programmes to encourage and support companies in improving their ESG disclosures and practices.
“The continuous increase in the number of constituents reflects the benefits of these programmes, in addition to other efforts catalysing public listed companies towards ESG best practices.”
