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CEOWORLD magazine - Latest - Banking and Finance - Malaysia’s Largest Companies by market capitalization, 2024

Banking and Finance

Malaysia’s Largest Companies by market capitalization, 2024

As of December 11, 2024, MALAYAN BANKING is the most valuable company in Malaysia, with a market cap of $$27.53 billion. Following it are Public Bank ($19.82 billion) and CIMB GROUP HOLDINGS ($19.64 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

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1MALAYAN BANKING$27.53 billion
2PUBLIC BANK$19.82 billion
3CIMB GROUP HOLDINGS$19.64 billion
4TENAGA NASIONAL$17.96 billion
5IHH HEALTHCARE$14.81 billion
6DIGI.COM$9.65 billion
7HONG LEONG BANK$9.6 billion
8PRESS METAL ALUMINIUM HOLDINGS$9.23 billion
9PETRONAS CHEMICALS GROUP$9.2 billion
10SIME DARBY PLANTATION$7.84 billion
11PETRONAS GAS$7.78 billion
12MISC$7.52 billion
13YTL POWER INTERNATIONAL$6.81 billion
14RHB BANK$6.49 billion
15MAXIS$6.18 billion
16SUNWAY$6.16 billion
17GAMUDA$6.02 billion
18TELEKOM MALAYSIA$5.74 billion
19IOI CORPORATION$5.47 billion
20YTL CORPORATION$5.38 billion
21KUALA LUMPUR KEPONG$5.35 billion
22NESTLÉ (MALAYSIA)$5.13 billion
23AXIATA GROUP$4.92 billion
2499 SPEED MART RETAIL HOLDINGS$4.8 billion
25HONG LEONG FINANCIAL GROUP$4.71 billion
26PETRONAS DAGANGAN$4.5 billion
27AMMB HOLDINGS$4.21 billion
28PPB GROUP$4.15 billion
29MALAYSIA AIRPORTS HOLDINGS$4 billion
30QL RESOURCES$3.97 billion

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CEOWORLD magazine - Latest - Banking and Finance - Malaysia’s Largest Companies by market capitalization, 2024
Harris Williams
Associate News Editor at CEOWORLD Magazine, specializing in data-led features with experience in breaking news, investigations, opinion, and analysis. I write data-led features on topics from banking to finance and work with developers and designers to create interactives and infographics.