Petronas Chemicals Group Bhd, a unit of Malaysia's state oil company, may replace gaming company Berjaya Sports Toto Bhd in the country's benchmark stock index after its listing on November 26, HwangDBS Vickers Research Sdn Bhd said.
Petronas Chemicals may potentially be the fifth largest constituent by full market capitalization of an estimated RM40 billion after its initial public offer, analyst Goh Yin Foo said in a report today. -- Bloomberg