FTSE Group and Bursa Malaysia Bhd have announced that Malaysia Marine and Heavy Engineering (MMHE) will replace Malaysian Airline System in the FTSE Bursa Malaysia KLCI.

This follows the semi-annual review of the FTSE Bursa Malaysia Index Series, today.

The index series is reviewed semi-annually by the independent FTSE Bursa Malaysia Index Advisory Committee.

The committee is made up of leading market professionals who ensure the index review fully complies with a set of highly transparent and publicly available index rules. -- Bernama