Westports replaces Inari as FBM KLCI constituent

TheStar Thu, Jun 01, 2023 07:01pm - 11 months View Original


KUALA LUMPUR: Westports Holdings Bhd has been included in the FTSE Bursa Malaysia (FBM) KLCI following the semi-annual review of the FBM index series.

The port operator replaces Inari Amertron Bhd, which has now been included in the FBM Mid 70 Index.

In a joint statement, FTSE Russell and Bursa Malaysia Bhd said the FBM KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be Fraser & Neave Holdings Bhd, Gamuda Bhd, Malaysia Airports Holdings Bhd, TIME Dotcom Bhd, and Top Glove Corp Bhd.

The reserve list will be used if one or more constituents are deleted from the FBM KLCI in accordance with the index ground rules during the period up to the next semi-annual review.

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