As of January 16, 2025, MALAYAN BANKING is the most valuable company in Malaysia, with a market cap of $$27.2 billion. Following it are Public Bank ($18.98 billion) and CIMB GROUP HOLDINGS ($18.72 billion).
Which one is the most valuable in Malaysia by market cap? This list comprises the biggest companies currently in Malaysia by market cap in 2024:
Malaysia’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | MALAYAN BANKING | $27.2 billion |
| 2 | PUBLIC BANK | $18.98 billion |
| 3 | CIMB GROUP HOLDINGS | $18.72 billion |
| 4 | TENAGA NASIONAL | $17.44 billion |
| 5 | IHH HEALTHCARE | $13.91 billion |
| 6 | DIGI.COM | $9.7 billion |
| 7 | HONG LEONG BANK | $9.11 billion |
| 8 | PRESS METAL ALUMINIUM HOLDINGS | $8.83 billion |
| 9 | PETRONAS CHEMICALS GROUP | $8.27 billion |
| 10 | PETRONAS GAS | $7.71 billion |
| 11 | SIME DARBY PLANTATION | $7.3 billion |
| 12 | MISC | $7 billion |
| 13 | YTL POWER INTERNATIONAL | $6.99 billion |
| 14 | MAXIS | $6.27 billion |
| 15 | RHB BANK | $6.17 billion |
| 16 | SUNWAY | $5.75 billion |
| 17 | GAMUDA | $5.63 billion |
| 18 | TELEKOM MALAYSIA | $5.45 billion |
| 19 | YTL CORPORATION | $5.37 billion |
| 20 | IOI CORPORATION | $5.17 billion |
| 21 | KUALA LUMPUR KEPONG | $5.03 billion |
| 22 | NESTLÉ (MALAYSIA) | $4.85 billion |
| 23 | AXIATA GROUP | $4.67 billion |
| 24 | HONG LEONG FINANCIAL GROUP | $4.53 billion |
| 25 | 99 SPEED MART RETAIL HOLDINGS | $4.31 billion |
| 26 | PETRONAS DAGANGAN | $4.16 billion |
| 27 | MALAYSIA AIRPORTS HOLDINGS | $4.04 billion |
| 28 | AMMB HOLDINGS | $3.94 billion |
| 29 | PPB GROUP | $3.79 billion |
| 30 | QL RESOURCES | $3.72 billion |
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