KUALA LUMPUR (March 18): Sunway Healthcare Holdings Bhd (KL:SUNMED), which made its Main Market debut on Bursa Malaysia on March 18, will be included in the FTSE Bursa Malaysia KLCI come March 25, replacing QL Resources Bhd (KL:QL).

In a joint statement on Wednesday (March 18), FTSE Russell and Bursa Malaysia said Sunway Healthcare will remain on the FTSE Bursa Malaysia EMAS Shahriah Index, with its weighting increased to 18.27% from 2.15%, following the receipt of updated shareholder information for the group as a result of the secondary offering.

Sunway Healthcare will be reclassified from real estate to healthcare facilities, effective March 25.

As part of the changes, QL Resources will be removed from the FTSE Bursa Malaysia KLCI and added to the FTSE Bursa Malaysia Mid 70 Index, while Malaysia Resources Corp Bhd (KL:MRCB) will be axed from the index.

Accordingly, MRCB will be added to the FTSE Bursa Malaysia Small Cap Index.

Sunway Healthcare ended its much-anticipated Main Market debut 28% higher at RM1.85 a share, valuing the company at RM21.3 billion.

QL Resources’ shares price has fallen 22% over the past one year, while MRCB has dropped over 30% during the same period.

On Wednesday, QL Resources settled two sen or 0.54% lower at RM3.66, giving the group a market capitalisation of RM13.36 billion.

MRCB fell half a sen or 1.72% to 28.5 sen, bringing the group a market capitalisation of RM1.27 billion.

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