Kuala Lumpur, 17 June 2019 – Bursa Malaysia Berhad announced 16 new additions to the constituents of the FTSE4Good Bursa Malaysia (“F4GBM”) Index.
The F4GBM Index measures the performance of public listed companies (“PLCs”) demonstrating strong Environmental, Social and Governance (“ESG”) practices. The latest review in June 2019 there are 16 new addition and 1 exclusion from the index bringing to total number of constituents to 71.
|No||Company Name||No||Company Name|
|1||Carlsberg Brewery Malaysia Bhd||9||Magnum Bhd|
|2||Chemical Company of Malaysia||10||Media Chinese International|
|3||Deleum Bhd||11||Media Prima Bhd|
|4||Fraser & Neave Holdings Bhd||12||Parkson Holdings Bhd|
|5||George Kent (M) Bhd||13||Ranhill Holdings Bhd|
|6||Hektar REIT||14||UMW Holdings Bhd|
|7||Hong Leong Financial Group Bhd||15||Velesto Energy Bhd|
|8||Lafarge Malaysia Bhd||16||Yinson Holdings Bhd|
|1||Unisem (M) Bhd|
“I am encouraged to see more companies adopting the philosophy of ESG practices to improve their competitiveness and secure long-term value. Through our outreach programmes, the Exchange will step up efforts to engage with companies and help them improve sustainability practices and disclosures. We aim to create a positive impact while also raising the quality and diversity of companies across the board.” Said, Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia.
Bursa Malaysia and FTSE have been conducting outreach programmes to encourage companies to improve their ESG disclosure and practices as the increasing of the new addition of the constitutions reflect the result of these programmes.