KUALA LUMPUR (June 5) — IOI Properties Group Bhd will rejoin the benchmark FBM KLCI following the latest semi-annual review conducted by FTSE Russell and Bursa Malaysia.
The property developer will replace Sime Darby Bhd in the 30-stock benchmark index, with the changes taking effect on June 22, 2026.
IOI Properties' return to the KLCI comes after a strong share price performance, with its stock climbing 61.7% from the beginning of the year up to the review cut-off date of May 25. In contrast, Sime Darby's shares declined 1.6% during the same period.
To qualify for inclusion in the KLCI, companies must rank among the top 25 listed firms by market capitalisation. Stocks that fall to 36th position or below may be removed from the index. Other requirements include maintaining at least a 15% public shareholding spread and sufficient trading liquidity over the preceding 12 months.
The latest reserve list for the KLCI consists of:
KPJ Healthcare Bhd
QL Resources Bhd
Sime Darby Bhd
United Plantations Bhd
Westports Holdings Bhd
These companies may be called upon to enter the benchmark index should any constituent be removed before the next review in December 2026.
Changes to Other FTSE Bursa Malaysia Indices
For the FBM Mid 70 Index, Sime Darby, AirAsia X Bhd, Allianz Malaysia Bhd, Ranhill Utilities Bhd and Solarvest Holdings Bhd will be added.
They will replace:
IOI Properties Group Bhd
CTOS Digital Bhd
Genting Plantations Bhd
Nationgate Holdings Bhd
Tropicana Corp Bhd
Meanwhile, the FBM Hijrah Shariah Index will see Sunway Healthcare Holdings Bhd and Tanco Holdings Bhd replacing Eco-Shop Marketing and Zetrix AI.
IOI Properties was first included in the KLCI shortly after its listing in January 2014 but was removed in June of the same year. Its upcoming re-entry marks its return to Malaysia's premier stock index after more than 12 years.
Key Takeaways
IOI Properties will rejoin the FBM KLCI effective June 22, 2026, replacing Sime Darby.
The company's strong share price performance and increased market capitalisation helped secure its return to the benchmark index.
Sime Darby moves to the reserve list and will also join the FBM Mid 70 Index.
Several changes were announced across the FBM Mid 70 and FBM Hijrah Shariah indices as part of the latest semi-annual review.
IOI Properties' return to the KLCI enhances its visibility among institutional investors and index-tracking funds, potentially increasing trading interest and fund inflows.
Malaysia