Bangkok--17 Jun--SET
Indorama Ventures Public Company Limited to enter the FTSE SET Large Cap after the June 2010 semi-annual review
FTSE Group (“FTSE”), the award-winning global index provider, and the Stock Exchange of Thailand (“SET”) have announced that Indorama Ventures Public Company Limited will replace Minor International Public Company Limited in the FTSE SET Large Cap Index following the semi-annual review concluded by the FTSE SET Advisory Committee today.
The FTSE SET Large Cap Index is used as the basis of financial products including the ThaiDEX FTSE SET Large Cap ETF (TFTSE), derivatives and for benchmarking. The indices are reviewed semi-annually by the independent FTSE SET Index Advisory Committee in accordance with transparent and publicly available index ground rules. The reviews ensure that the indices accurately reflect the market they represent. This is essential as the indices are used to benchmark investment portfolios and as the basis of index-linked products.
Other indices in the FTSE SET Index Series were also reviewed. A summary of the constituents changes are as follows.
Indices Additions Deletions
FTSE SET Large Cap Index 1 1
FTSE SET Mid-Cap Index 5 2
FTSE SET Small-Cap Index 10 5
FTSE SET All-Share Index 16 8
FTSE SET Fledgling Index 7 6
FTSE SET Shariah Index 16 6
Full details of additions and deletions can be found at http://www.ftse.com/Indices/FTSE_SET_Index_Series/Index_Reviews.jsp.
There will also be an additional change to the FTSE SET Large Cap index as a result of corporate action which happened after the review cut off dates. Thai Union Frozen Products will replace Siam City Bank in the FTSE SET Large Cap Index, following confirmation that the cash acquisition of Siam City Bank by Thanachart Capital complies with the index ground rules. For more information on this corporate action, please visit http://www.ftse.com/Indices/FTSE_SET_Index_Series/Index_Changes.jsp
All constituent changes, including the corporate action change, take effect on 21 June 2010.
The next review will take place on 13 December 2010.
Further information on the FTSE SET Index Series including ground rules is available at http://www.ftse.com/thailand and www.set.or.th.
To understand the changes to portfolios as a result of the index review and corporate action, please visit www.ftse.com/asiaresearch .
For further information
FTSE Group
Meredith Blakemore or Emily Mok
Tel: +852 2230 5800
Fax: +852 2230 5804
Email:
[email protected]
The Stock Exchange of Thailand
Ladawan Kantawong — Head, Corporate Communications Department, Tel: +662-2292036 or
Kanokwan Khemmalai — Deputy Head, Corporate Communications Department, Tel: + 662-2292048 Fax: 662-3591005-6
If you are not a member of the press, please contact your local Client Services team.
Notes to Editors
About The Stock Exchange of Thailand
The Stock Exchange of Thailand (SET) was established in 1975 and officially began securities trading on April 30, 1975. The Stock Exchange of Thailand stands at the center of Thailand’s capital market, and is a thriving and dynamic exchange offering a full range of products, services and trading infrastructure for investors, listed companies and other participants.
About FTSE Group
FTSE Group (“FTSE”) is a world-leader in the creation and management of indexes. With offices in Boston, Beijing, London, Frankfurt, Hong Kong, Madrid, Milan, New York, Paris, San Francisco, Sydney, Shanghai and Tokyo, FTSE works with investors in 77 countries globally. It calculates and manages a comprehensive range of equity, fixed income, real estate and investment strategy indices, on both a standard and custom basis. The company has collaborative arrangements with a number of stock exchanges, trade bodies and asset class specialists around the world.
FTSE indices are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. www.ftse.com