<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on June 8, 2018 - June 14, 2018</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Bursa Malaysia has added 12 new constituents to the FTSE4Good Bursa Malaysia (F4GBM) Index, bringing the total number of constituents up to 56.</p></div>

<div class=newsTextDataWrapInner><p>The new constituents are Ajinomoto (Malaysia) Bhd, AMMB Holdings Bhd, Felda Global Ventures Holdings Bhd, Genting Malaysia Bhd, Hong Leong Bank Bhd, Kimlun Corp Bhd, Matrix Concepts Holdings Bhd, Sasbadi Holdings Bhd, SCGM Bhd, SEG International Bhd, VS Industry Bhd and YTL Power International Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>All constituent changes take effect at the start of business on June 18.</p></div>

<div class=newsTextDataWrapInner><p>The F4GBM Index measures the performance of public-listed companies (PLCs) that demonstrate strong environmental, social and governance practices. The index was launched in December 2014, with a total of 24 constituents.</p></div>

<div class=newsTextDataWrapInner><p>In a statement yesterday, Bursa said there were no exclusions in the latest June index review.</p></div>

<div class=newsTextDataWrapInner><p>F4GBM Index constituents are drawn from the companies on the FTSE Bursa Malaysia Emas Index, comprising PLCs from across the small, medium and large market capitalisation segments. The index is reviewed in June and December against international benchmarks developed in collaboration with FTSE Russell.</p></div>


KUALA LUMPUR: Bursa Malaysia has added 12 new constituents to the FTSE4Good Bursa Malaysia (F4GBM) Index, bringing the total number of constituents up to 56.

The new constituents are Ajinomoto (Malaysia) Bhd, AMMB Holdings Bhd, Felda Global Ventures Holdings Bhd, Genting Malaysia Bhd, H...

Bursa adds 12 new constituents to FTSE4Good Index

Truly a fulfilling rest with Coway BEREX MASSAGE BED

(Oct 15): Canada expelled six Indian diplomats including the high commissioner on Monday, linking them to the murder of a Sikh separatist leader and alleging a broader effort to target Indian dissidents in Canada.

Earlier in the day, India retaliated by ordering the expulsion of six hig...

Canada expels top India diplomats, links them to murder of Sikh leader

Southeast Asia could see higher-than-normal rainfall in the coming months, threatening further disruptions to agriculture, tourism, and industrial output in a region already hit by a series of storms this year.

Typhoon-hit southeast Asian countries to see rainier end to 2024

Asian shares are poised to follow the lead of another strong performance on Wall Street, with stocks hitting fresh all-time highs. Oil dropped as concerns eased about Israel attacking Iranian energy facilities.

Asian stocks poised to track US gains; oil drops

Stocks hit fresh all-time highs as investors looked ahead to Corporate America for further vindication of soft-landing bets.

US stocks rise as earnings set to kick into high gear

Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil imports fell for the fifth straight month.

Oil falls 2% as OPEC cuts oil demand view, China concerns

A brief recap of some business news and corporate announcements that made the headlines on Monday.

Genting Malaysia, Mr DIY, Capital A, AirAsia X, Sungei Bagan, Kuchai, Ho Hup, Ecobuilt, Critical Holdings, IJM, Fajarbaru, BCB, Pan Malaysia, Tanco

The private sector plays a crucial role in the transition towards a low-carbon economy, said Deputy Prime Minister and Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof at The Edge Malaysia ESG Awards 2024.

Vitrox, BIMB Investment Management biggest winners at The Edge Malaysia ESG Awards 2024

Construction outfit Vizione Holdings Bhd (KL:VIZIONE) said the group is being sued for RM3.3 million by a firm for alleged breach of a consultancy agreement signed in 2018 relating to a land sale.

Vizione sued over consultancy agreement dispute

Indonesia's incoming president, Prabowo Subianto, has asked current finance minister Sri Mulyani Indrawati to remain in her post under his presidency, with a focus on strengthening state finances, the minister said on Monday.

Indonesia's Prabowo asks Sri Mulyani to remain as finance minister

<p>Mr DIY Group (M) Bhd's (KL:MRDIY) largest shareholder, Bee Family Ltd, offloaded 71.7 million shares, representing a 0.76% stake in the home improvement retailer, for a total of RM149.37 million.</p>


Bee Family offloads 71.7 mil shares in Mr DIY for RM149.37m 

<p>A brief recap of some business news and corporate announcements that made the headlines on Monday.</p>


<p>Property developer Kuchai Development Bhd (KL:KUCHAI) announced that it has become a cash company following the completion of its disposal of assets and liabilities to Sungei Bagan Rubber Company (M) Bhd (KL:SBAGAN).</p>


Kuchai turns cash company after completing disposal of assets and liabilities to Sungei Bagan 

<p>Fajarbaru Builder Group Bhd (KL:FAJAR) said on Monday that it will pay Penang Development Corp (PDC) RM111.45 million to undertake a joint development of a medical city and mixed development hub in Bandar Cassia, Batu Kawan.</p>


Fajarbaru buys Batu Kawan land for RM111m for healthcare hub project

<p>The private sector plays a crucial role in the transition towards a low-carbon economy, said Deputy Prime Minister and Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof at The Edge Malaysia ESG Awards 2024.</p>


<p>Construction outfit Vizione Holdings Bhd (KL:VIZIONE) said the group is being sued for RM3.3 million by a firm for alleged breach of a consultancy agreement signed in 2018 relating to a land sale.</p>


<p>The S&amp;P 500 and Nasdaq rose on Monday, with the benchmark index touching an intraday record high as investors geared up for a week packed with corporate earnings and crucial economic data that will likely test stretched stock market valuations.</p>


S&P 500 hits record high on chip stocks; corporate results, key data in focus

<p>Property developer Tanco Holdings Bhd (KL:TANCO) said it is forming an 80:20 joint venture&nbsp; with Menteri Besar Negeri Sembilan (Inc) (MBINS) to develop an industrial park in Port Dickson.</p>


Tanco partners with Negeri Sembilan state-owned firm to develop industrial park

<p>The Melaka state government is committed to positioning the state as a leading hub for electric vehicle (EV) production in Malaysia, in line with Sustainable Development Goal 13 (SDG13), which emphasises urgent action to combat climate change and its impacts.</p>


Chief minister: Melaka poised to become EV manufacturing hub

<p>Despite the strong economic headlines, most small and medium enterprises (SMEs) are still experiencing margin compression and are struggling due to a mix of digital disruption, labour shortages, and rising compliance costs.</p>


Samenta: SMEs continue to experience margin compression

<p>The Investment, Trade and Industry Ministry (Miti) and the Malaysian Investment Development Authority (Mida) are supervising investments of RM17.9 billion from China approved in the manufacturing sector from 2023 to the first half of 2024.</p>


Miti: RM17.9b investments from China approved from 2023 till 1H2024 

<p>Malaysia recorded a total of 16.45 million international tourist arrivals as of August 2024, achieving over 60% of its full-year target of 27.3 million international tourists.</p>


Malaysia sees 16.45 mil foreign tourist arrivals as of August — Tiong

<p>Southeast Asia could see higher-than-normal rainfall in the coming months, threatening further disruptions to agriculture, tourism, and industrial output in a region already hit by a series of storms this year.</p>


<p>Asian shares are poised to follow the lead of another strong performance on Wall Street, with stocks hitting fresh all-time highs. Oil dropped as concerns eased about Israel attacking Iranian energy facilities.</p>


<p>Emirates, the world’s largest international airline and a major buyer of Boeing Co widebody aircraft, said it will have “serious conversations” with the US planemaker in coming months following an announcement that the 777X model will be delayed yet again.</p>


Emirates blasts Boeing for delays, plans ‘serious conversations’

<p>Tokyo Metro Co’s initial public offering has raised ¥348.6 billion (US$2.3 billion or RM9.8 billion) after the company priced shares at the top of the marketed range, people familiar with the matter said, in a show of hot demand for Japan’s biggest listing in six years.</p>


Tokyo Metro’s IPO set to raise US$2.3b in Japan’s biggest listing in six years

<p>Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil imports fell for the fifth straight month.</p>


<p>British Prime Minister Keir Starmer promised on Monday to scrap regulation that holds back economic growth as he hosted some of the world's biggest businesses at a conference designed to woo international investors.</p>


UK pledges regulatory overhaul in bid to lure wary investors

<p>India’s inflation accelerated at a faster pace than expected in September, justifying the central bank’s caution as calls grow to cut interest rates.</p>


India’s inflation at nine-month high keeps RBI on guard

<p>(Oct 15): Canada expelled six Indian diplomats including the high commissioner on Monday, linking them to the murder of a Sikh separatist leader and alleging a broader effort to target Indian dissidents in Canada.</p>

<p>Earlier in the day, India retaliated by ordering the expulsion of six hig...