CapitaLand Investment removed from iEdge-OCBC low-carbon index; ComfortDelGro added

REAL estate investment company CapitaLand Investment is among four counters that have been removed from the iEdge-OCBC Property Low Carbon Select 50 Capped Index, a relatively new index that tracks the top 50 Singapore companies by free-float market capitalisation with low-carbon intensity.

In addition to CapitaLand Investment, Keppel Pacific Oak US Real Estate Investment Trust (Reit), Prime US Reit and Nanofilm Technologies have also been excluded from the index, announced Lion Global Investors in a bourse filing on Thursday (Mar 23).

Taking the place of these four index constituents are transport operator ComfortDelGro, CDL Hospitality Trusts, Haw Par Corporation and Starhill Global Reit.

The changes take effect from Mar 27.