UEM Edgenta Listed In FBM Gold Index - Kakiforex.com - Financial Market Media No. 1 in the World UEM Edgenta Listed In FBM Gold Index UEM Edgenta Listed In FBM Gold Index
InstaForex

June 21, 2021

UEM Edgenta Listed In FBM Gold Index

 UEM Edgenta Bhd is listed in the FTSE Bursa Malaysia EMAS Index (FBM EMAS Index) following the recent Semi-Annual Review of the FTSE Bursa Malaysia Index Series which came into effect today.


Bernama reported that the FTSE GOLD Index comprises the constituents of the FTSE Bursa Malaysia Top 100 Index and the FTSE Bursa Malaysia Small Capital Index.


In a statement today, UEM Edgenta said its listing in the FBM GOLD Index was based on its ability to meet the requirements of the index by having over 15% free float stocks and liquidity of over 0.05% free float stocks, at least 10 months from the last 12 months.


According to UEM Edgenta, with this listing, the company will also be listed in four themed indices, namely the FTSE Bursa Malaysia MidS Capital Shariah Index, the FTSE Bursa Malaysia EMAS Shariah Index, the FTSE Bursa Malaysia Small Capital Index and the FTSE Bursa Malaysia MidS Capital Index.



"We are very excited about the huge encouragement and interest from our investors which also reflects the company's presence in the market as well as the growing investment strategy proposals in an effort to drive sustainable long -term returns to our stakeholders," said the Managing Director and Chief Executive Officer ( CEO) UEM Edgenta, Syahrunizam Samsudin.


Adds UEM Edgenta, the listing in this index brings UEM Edgenta one step closer to achieving the goal of being listed in the FTSE4Good Bursa Malaysia Index, where the selection criteria will focus mainly on environmental, social and governance (ESG) aspects.


He said the constituents of the FTSE4Good Bursa Malaysia Index will be reviewed in December.


“Guided by the vision of Edgenta of the Future 2025, we make it a priority for us to play a more positive role in driving the ESG agenda.


"Our continuous efforts in this area will ensure that the value of sustainability can be nurtured across the entire business and have a meaningful impact on the community," said Syahrunizam.