Singapore Press Holdings, Singapore Exchange Limited and FTSE Group have announced the results of the half-yearly review of the Straits Times Index (STI) and FTSE ST Index Series. 

The result? ComfortDelGro Corporation and SMRT Corporation are joining the STI, while Yanlord Land Group and Keppel Land are on the way out. The changes will take effect on March 23.

The changes to the STI and 19 other FTSE ST indices were approved by the independent FTSE ST Index Advisory Committee, which reviewed the indices in accordance with the index ground rules. Half-yearly index reviews ensure that the indices remain an accurate reflection of the market they represent. This is essential when the indices are used to benchmark investment portfolios and used as the basis of existing exchange-traded funds, warrants, futures and other index-linked products.

The STI reserve list after this review will comprise of -- in order of priority -- Ascendas Real Estate Investment Trust, STX Pan Ocean, Yangzijiang Shipbuilding Holdings, Singapore Post and Singapore Land. Reserve lists are created at each half-yearly review and comprise the next five companies ranked in order of market capitalisation below the STI. Companies in the reserve list will be included in the STI to replace any constituent stocks that may be excluded, in the event of corporate actions or mergers which impact the index between reviews.

The changes made to the FTSE ST indices, effective March 23, are as follows:

For the FTSE ST Mid-Cap Index:

Included

Excluded

Yanlord Land Group

ComfortDelGro Corporation

Keppel Land

SMRT Corporation

Kim Eng Holdings

Mandarin Oriental International

Biosensors International Group

Hong Leong Finance

Ascendas India Trust

Cerebos Pacific

CapitaRetail China Trust

People's Food Holdings

Raffles Medical Group

Delong Holdings

Frasers Centrepoint Trust

Gallant Venture

Midas Holdings

China Sky Chemical Fibre Co

 For the FTSE ST Small-Cap Index:

Included

Excluded

China Sky Chemical Fibre Co

Kim Eng Holdings

Mermaid Maritime PCL

Biosensors International Group

ISDN Holdings

Ascendas India Trust

Changtian Plastic & Chemical

CapitaRetail China Trust

 

Raffles Medical Group

 

Frasers Centrepoint Trust

 

Midas Holdings

 

United Engineers

 

Orchard Parade Holdings

 

Stamford Land Corp

 

Metro Holdings

 

CH Offshore

 

Chuan Hup Holdings

 

AsiaPharm Group

 

Pacific Shipping Trust

 

Amara Holdings

 

Kencana Agri

 

Manhattan Resources

 

First Real Estate Investment Trust

 

Full Apex Holdings

 

Hersing Corp

 

Low Keng Huat Singapore

 

Tuan Sing Holdings

 

MediaRing

 

BH Global Marine

 

LMA International NV

 

Xpress Holdings

 

Singapore Shipping Corp

 

SMB United

 

Beyonics Technology

 

Foreland Fabrictech Holdings

 

China Auto Corp

 

Fung Choi Media Group

 

Aqua-Terra Supply Co

 

Pteris Global

 

HL Global Enterprises

 

Lizhong Wheel Group

 

China Dairy Group

 

UMS Holdings

 

OSIM International

 

Ouhua Energy Holdings

 

Luzhou Bio-Chem Technology

 

Sunshine Holdings

 

Gems TV Holdings

 

China Farm Equipment

 

TT International

For the FTSE Fledgling Index:

Included

Excluded

Baker Technology

ISDN Holdings

Marco Polo Marine

China Fibretech

Memstar Technology

TeleChoice International

Auric Pacific Group

Novo Group/Singapore

China Kunda Technology Holdings

Aspial Corp

C&O Pharmaceutical Technology Holdings

Boardroom

Yongmao Holdings

Benefun International Holdings

Tai Sin Electric

Changtian Plastic & Chemical

Second Chance Properties

JK Yaming International Holdings

YHI International

Singapura Finance

Hai Leck Holdings

Heng Long International

Samko Timber

Jurong Cement

Lum Chang Holdings

Jacks International

Enviro-Hub Holdings

Lankom Electronics

Tianjin Zhong Xin Pharmaceutical Group Corp

Chuan Soon Huat Industrial Group

Electrotech Investments/Singapore

 

InnoTek

 

Fuxing China Group

 

Liang Huat Aluminium

 

China Lifestyle Food and Beverages Group

 

Saizen REIT

 

United Food Holdings

 

Memtech International

 

Hiap Hoe

 

Japan Land

 

Asti Holdings

 

Best World International

 

ABR Holdings

 

Fu Yu Corp

 

Centillion Environment & Recycling

 

Yoma Strategic Holdings

 

Ouhua Energy Holdings

 

Luzhou Bio-Chem Technology

 

Sunshine Holdings

 

Broadway Industrial Group

 

Sarin Technologies

 

HTL International Holdings

 

TEE International

 

Gems TV Holdings

 

Yellow Pages Singapore

 

Vicplas International

 

Qian Feng Fabric Tech

 

China Farm Equipment

 

Food Junction Holdings

 

TT International

 

MacarthurCook Property Securities Fund

 

CHT Holdings

 

Noel Gifts International

 

Nico Steel Holdings

 

For the ST FTSE China Index:

Included

Excluded

Raffles Education Corp

People's Food Holdings

Pacific Century Regional Developments

Delong Holdings

Biosensors International Group

AsiaPharm Group

ISDN Holdings

Full Apex Holdings

JES International Holdings

Fung Choi Media Group

Changtian Plastic & Chemical

HL Global Enterprises

China Oilfield Technology Services Group

Lizhong Wheel Group

 

China Dairy Group

 

Ouhua Energy Holdings

 

Luzhou Bio-Chem Technology

 

Sunshine Holdings

 

China Farm Equipment

For the FTSE ST China Top Index: 

Included

Excluded

Raffles Education Corp

People's Food Holdings

Pacific Century Regional Developments

Delong Holdings

Biosensors International Group

China Energy

Sihuan Pharmaceutical Holdings Group

China Sky Chemical Fibre Co

The next review is scheduled for September 10.