Singapore Exchange (SGX), the FTSE Group (FTSE) and Singapore Press Holdings (SPH) announced today that CapitaMalls Asia will replace Cosco Corp Singapore as a constituent of the Straits Times Index (STI) following the conclusion of the half-yearly review.

The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Keppel Land, Yangzijiang Shipbuilding Holdings, Ascendas Real Estate Investment Trust, Yanlord Land Group and Parkway Holdings. Companies in the reserve list will replace any constituents that become ineligible as a result of corporate actions before the next review.

In the FTSE ST China Top Index, China Fishery Group and People’s Food Holdings will replace China Energy and Sinomem Technology. Full details of deletions and additions for all indices can be found under the Index Reviews section at www.ftse.com/st.

All changes from this review will take effect from the start of trading on March 22. The next review is scheduled for Sept 8.