Kiler Holding Dropped from MSCI Global Small Cap Index
Kiler Holding AS has been removed from the MSCI Global Small Cap Indexes as it no longer meets the inclusion criteria. MSCI is also reviewing other Turkish securities with relevant updates expected during the May review. The organization will continue monitoring the Turkish market for investment viability.
Kiler Holding AS is set to be delisted from the MSCI Global Small Cap Indexes after failing to meet the required inclusion criteria, according to MSCI statements.
In addition to Kiler Holding, MSCI has announced an extended targeted review of other Turkish securities, focusing on adjusting free float figures, with updates to be communicated as part of the upcoming May review.
MSCI assures ongoing surveillance of the Turkish market, actively engaging with stakeholders to address issues concerning free float assessments and the overall investability of the market.
(With inputs from agencies.)
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