IOI Properties officially rejoins KLCI, Sime Darby out in semi-annual review

KUALA LUMPUR (June 5): IOI Properties Group Bhd (KL:IOIPG) will rejoin the FBM KLCI as a constituent after being expelled more than a decade ago.

Sime Darby Bhd (KL:SIME) is being removed as a member of the 30-stock index following a semi-annual review, according to a joint statement by index provider FTSE Russel and Bursa Malaysia.

The change is effective June 22, 2026.

The next review is scheduled for December this year.

Shares of IOI Properties have surged 61.7% since the start of the year up until the cut-off date on May 25. Sime Darby declined 1.6% over the same period.

To qualify for inclusion, a stock must rank within the top 25 by market capitalisation as of the cut-off date, while a drop to 36th or lower could trigger removal.

Additionally, a company must have a minimum public shareholding spread of 15% and have a monthly median daily trading volume of at least 0.04% of its share base, adjusted for investability, in at least eight of the past 12 months.

The reserve list, the five top non-constituents by market capitalisation, comprises KPJ Healthcare Bhd (KL:KPJ), QL Resources Bhd (KL:QL), Sime Darby (KL:SIME), United Plantations Bhd (KL:UTDPLT), and Westports Holdings Bhd (KL:WPRTS).

The reserve list will be used if one or more constituents are removed from the KLCI before the next scheduled review.

Sime Darby, in addition to AirAsia X Bhd (KL:AAX), Allianz Malaysia Bhd (KL:ALLIANZ), Ranhill Utilities Bhd (KL:RANHILL) and Solarvest Holdings Bhd (KL:SLVEST) will be added to the FBM Mid 70 Index. They are set to replace IOI Properties, CTOS Digital Bhd (KL:CTOS), Genting Plantations Bhd (KL:GENP), Nationgate Holdings Bhd (KL:NATGATE) and Tropicana Corp Bhd (KL:TROP).

As for the FBM Hijrah Shariah Index, Sunway Healthcare Holdings Bhd (KL:SUNMED) and Tanco Holdings Bhd (KL:TANCO) will replace Eco-Shop Marketing and Zetrix AI.

IOI Properties was previously included in the KLCI after its listing in January 2014, but was later removed in June that same year. 

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