Thursday, April 10, 2008

Hong Leong Asia upgraded

Following the acceptance levels for cash acquisition of Straits Trading (Singapore constituent) by The Cairnes PTE (Singapore non constituent) reaching in excess of 85%, Straits Trading will be deleted from the index. Upon deletion, Hong Leong Asia shall take its place. The announcement was made on 9 Apr at FTSE website and it will take effect on trading date of 16 Apr.

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