Malaysian Airline Business Strategy
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Malaysian Airline Business Strategy document sample
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JOINT MEDIA RELEASE
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Malaysian Airline System replaces Nestle (Malaysia) in the FTSE
Bursa Malaysia KLCI after June 2010 semi-annual review
Robustness of FTSE Bursa Malaysia Index Series enhanced with increase in
frequency of liquidity review
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Kuala Lumpur, Hong Kong, 10 June 2010 – FTSE Group (“FTSE”), the award-winning global
index provider, and Bursa Malaysia Berhad (“Bursa Malaysia”) have announced that Malaysian Airline
System will replace Nestle (Malaysia) in the FTSE Bursa Malaysia KLCI following the semi-annual
review approved by the FTSE Bursa Malaysia Index Advisory Committee today.
The FTSE Bursa Malaysia KLCI is widely followed by investors as the benchmark for the Malaysian
market and is used as the basis for the FTSE Bursa Malaysia KLCI ETF, FTSE Bursa Malaysia KLCI
Futures (FKLI), FTSE Bursa Malaysia KLCI Options (OKLI) and other financial products including
warrants. The indices are reviewed semi-annually by the independent FTSE Bursa Malaysia Index
Advisory Committee to ensure compliance with a set of transparent and publically available index
rules. This is essential as the indices are used to benchmark investment portfolios and as the basis of
index-linked products.
The constituents of the FTSE Bursa Malaysia Index Series were also assessed for liquidity as part of
the June review. This follows an increase in the frequency of liquidity reviews from annually in
December to semi-annually in June and December. Increasing the frequency of liquidity reviews for
the FTSE Bursa Malaysia Index Series provides more robust indices that better reflect the liquidity of
the investable market. It is also an important criterion for investors who expect the index constituents
to have sufficient liquidity to enable easy and efficient trading.
The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest ranking non-constituents of the
index by market capitalisation, will be (in order of full market capitalisation) IJM, Gamuda, Berjaya
Corp, Lafarge Malayan Cement and Parkson Holdings. Companies in the reserve list will replace
constituents that become ineligible as a result of corporate actions before the next review.
The changes to the FTSE Bursa Malaysia Mid 70 Index are detailed below:
Inclusions Exclusions
1 JCY International Malaysian Airline System
2 NCB Holdings Tradewinds Plantation
The FTSE Bursa Malaysia Hijrah Shariah Index, a tradable index of 30 stocks to be used as the basis
for international Shariah-compliant products, was also reviewed and the following changes were
approved:
Inclusions Exclusions
1 Axiata Group Nestle (Malaysia)
2 Malaysian Bulk Carriers Star Publication Malaysia
3 Bintulu Port Holdings IJM Plantations
4 Kulim Malaysia Wah Seong
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All constituent changes take effect at the start of business on 21 June 2010 and the next review will
take place on 9 December 2010.
Further information on the FTSE Bursa Malaysia Index Series review including all additions and
deletions as well as ground rules are available at www.ftse.com/bursamalaysia. Index codes and
performance information is available at www.ftse.com/bursamalaysia and www.bursamalaysia.com.
-ENDS -
For further information
FTSE Group
Meredith Blakemore or Emily Mok
Tel: +852 2230 5800
Fax: +852 2230 5804
E-mail: media@ftse.com
If you are not a member of the press, please contact your local Client Services team.
Bursa Malaysia
Geeta Balakrishnan
Head, Communications
Tel: +603 2034 7374
Fax: + 603 2732 6158
E-mail: geetabalakrishnan@bursamalaysia.com
Notes to Editors
About Bursa Malaysia
Bursa Malaysia Berhad is a public company limited by shares under the Companies Act 1965. Bursa
Malaysia is an approved exchange holding company under Section 15 of the Capital Markets and
Services Act 2007. Other companies in the Bursa Malaysia Berhad Group of companies include a stock
exchange, a derivatives exchange, an off-shore international financial exchange, equity and
derivatives clearing houses, a central depository, an information services provider and an Information
Technology services provider.
Bursa Malaysia Securities Berhad, a wholly-owned subsidiary of Bursa Malaysia Berhad, is an approved
stock exchange under Section 8 of the Capital Markets and Services Act 2007.
About FTSE Group
FTSE Group (“FTSE”) is a world-leader in the creation and management of indexes. With offices in
Boston, Beijing, London, Frankfurt, Hong Kong, Madrid, Milan, New York, Paris, San Francisco,
Sydney, Shanghai and Tokyo, FTSE works with investors in 77 countries globally. It calculates and
manages a comprehensive range of equity, fixed income, real estate and investment strategy indices,
on both a standard and custom basis. The company has collaborative arrangements with a number of
stock exchanges, trade bodies and asset class specialists around the world.
FTSE indices are used extensively by investors world-wide for investment analysis, performance
measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking
funds. www.ftse.com
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