SGX revamps Next 50 index with four additions

Review adds UltraGreen.ai, GuocoLand, Haw Par, and Valuemax.

SGX Indices will add four companies to the iEdge Singapore Next 50 Index and its liquidity-weighted variant from the start of trading on 23 March.

The additions are Haw Par Corp, GuocoLand, UltraGreen.ai, and Valuemax Group, whilst Banyan Tree Holdings, SBS Transit, Geo Energy Resources, and COSCO SHIPPING International Singapore will be removed.

SGX said the March 2026 quarterly rebalancing review also marks the inclusion of UltraGreen.ai, which was listed on the SGX Mainboard in early December 2025.

The bourse operator said the indices use free-float, market capitalisation, and liquidity criteria to identify companies that are both sizeable and tradable. The benchmarks track the next cohort of 50 companies outside Singapore’s 30 largest listed firms by market capitalisation.

The next review of the iEdge Singapore Next 50 Indices is scheduled for June 2026.

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