BGRIM added into FTSE Asia Pacific Ex Japan and Ex China-Large Cap indexes
B.Grimm Power Plc (BGRIM) has been added by FTSE Russell to the list of FTSE Global Equity Index Series Asia Pacific for Ex Japan and Ex China in September 2020 in the category of Large Cap Index on September 18.
Mrs Preeyanart Soontornwata, President of B.Grimm Power, revealed that the selection in calculation for upgrading BGRIM from Mid Cap category into Large Cap category has represented investors’ confidence in the performance and business strategy of B.Grimm Power which could enhance liquidity and market cap while the selection into the new category would show even more positive sign to both retail and institutional investors.
Furthermore, BGRIM has been chosen to join the “FTSE4Good Index Series” which were designed to measure the sustainability standard, MSCI ESG index with the BBB rating, the Thailand Sustainability Investment list (THSI) and the ESG 100 group. These have shown B.Grimm Power’s strong focus on ESG principles to create long-term value for all stakeholders.
B.Grimm Power Plc is one of the largest private producers in Thailand with over 24 years supporting Thailand’s domestic economic and social development. B.Grimm Power has committed the sustainability growth of business by expanding business and keeping on best performance not only domestic market but also in South East Asia region in generation electricity from clean resources with modernized technology which is also friendly to environment and to response to social and surrounding community
FTSE is a joint venture firm for an independent for international Independent Global Index Provider set up by the Financial Times and London Stock Exchange in 1995. FTSE has been expertized and experiences in several global leading stock markets index including London Stock Exchange, NASDAX, FTSE Straits Times index, FTSE Bursa Malaysia Hijrah Shariah Index and the Tokyo Stock Exchange, under service index more than 100,000 items across global stock market.
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index is a share index of companies listed on the London Stock Exchange with the highest market capitalization. It is seen as a gauge of prosperity for businesses regulated by UK company law. The index is maintained by the FTSE Group which is incorporated in more than 20 leading world’s stock market and could provide index service for domestic market index and ASEAN index.