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It’s been announced in the news section. Booted out in end of 2018 and fought its way back now. Hopefully, the management will work even harder now to continuously improve its balance sheet and customer experience.
Indeed there was improvement in both areas. There’s leadership change now. The last leadership brought it back to blue chip status. The new leadership has 6 months to prove its worth as next review will be in 6 months time. Strong reserve list waiting to get into top 30. :)
The effect of change in KLCI constituent will take place next Monday. TM is officially in the KLCI index next Monday. Grab your chance to buy TM before EPF, Khazanah, etc acquire more of it.