Honestly, it’s not that bad. That’s what I thought after seeing the news of transport giant ComfortDelgro Corporation Limited (SGX: C52), or CDG, being replaced on the Straits Times Index (SGX: ^STI), by Emperador Inc (SGX: EMI). The switch will take effect on September 19th. Unsurprisingly, many friends who are shareholders of CDG texted me in confusion as they assumed the worst. First of all, this replacement on the bellwether index is not a direct result of deteriorating business fundamentals. Secondly, some of you may be wondering, what is this Emperador and what does the company do? You can find out more about the liquor giant here. As the Straits Times Index, or STI, tracks the performance of the 30 largest and most liquid companies, it is not surprising for CDG to be rotated out during this quarterly review. From the chart below, CDG is the company with the smallest market capitalisation among the other constituent companies....