AEON CREDIT INCLUDED IN FTSE BURSA MALAYSIA INDEX SERIES

KUALA LUMPUR, June 24 (Bernama) -- Aeon Credit Service (M) Bhd has been included in the FTSE Bursa Malaysia (FBM) Emas Index.

This comes after the joint announcement by Bursa Malaysia Bhd and FTSE Russell, stating that the company is now a constituent of the FBM Mid 70 Index following the semi-annual review of the FTSE Bursa Malaysia Index Series.

In a statement, the company said this change is effective as of today.

The company’s inclusion in the FTSE Bursa Malaysia (FBM) Emas Index was based on its ability to meet index requirements of having over 15 per cent free float shares and liquidity of more than 0.05 per cent of the free float for at least 10 out of the past 12 months.

It said the indices enable market participants to measure, invest and create products in these distinct segments of the Malaysian market.

Aeon Credit managing director Daisuke Maeda said being a constituent of the FBM Index Series will help enhance the visibility of the company as a dynamic and growth-oriented counter while strengthening its appeal to a wider range of discerning foreign and local investors.

“We are inspired to be part of the FBM Mid 70 as it reflects our efforts to deliver sustainable value creation for our shareholders and stakeholders,” he said.

Aeon Credit said it continues to embrace financial inclusion by providing access to financing to individuals who have traditionally not been able to access funding while embedding sustainability elements into business strategies and operations.

-- BERNAMA