When Petronas Chemicals Group (PCG) will make its debut on Bursa Malaysia on 26th November 2010, collectively Petronas group will account for over 10 per cent of Bursa Malaysia’s total market capitalisation and over 16 per cent of the FBM KLCI.

PCG debut on Bursa Malysia is the second initial public offering (IPO) by Petroliam Nasional Bhd this year. Last October, Petronas Rig builder, Malaysia Marine and Heavy Engineering Bhd (MHB), made its debut on Bursa Malaysia, jumped 19 per cent to RM4.51 in its first trading day.

With the inclusion of the PCG’s IPO and MHB, Petronas will have six companies listed on Bursa Malaysia, with a total market capitalisation of RM124 billion. The other four companies are MISC Bhd, Petronas Dagangan Bhd, Petronas Gas Bhd and KLCC Property Holdings Bhd

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dividend stock

If you are investing in dividend stocks,  you maybe interested to know the estimate dividend for FBM KLCI Components Stock for 2010.

According to Nomura International, income stocks in Asia are expected to sustain their dividend payouts this year.

The table below shows the dividend projection for FBM KLCI component stocks in 2010. The projection is  almost the same level in the past 12 months.

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