As of March 12, 2024, MALAYAN BANKING is the most valuable company in Malaysia, with a market cap of $25.11 billion. Following it are Public Bank ($17.77 billion) and CIMB GROUP HOLDINGS ($15.13 billion). Malaysia’s top five most valuable companies include some of the world’s most renowned brands: TENAGA NASIONAL (No. 4, $13.93 billion) and PETRONAS CHEMICALS GROUP (No. 5, $11.63 billion).
Overall, among Malaysia’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by IHH HEALTHCARE, DIGI.COM, HONG LEONG BANK, PRESS METAL ALUMINIUM HOLDINGS, PETRONAS GAS.
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) | CEO |
|---|---|---|---|
| 1 | MALAYAN BANKING | $25.11 billion | Khairussaleh Bin Ramli |
| 2 | PUBLIC BANK | $17.77 billion | Ah Lek Tay Cha |
| 3 | CIMB GROUP HOLDINGS | $15.13 billion | Abdul Rahman Bin Ahmad DJN |
| 4 | TENAGA NASIONAL | $13.93 billion | Baharin Bin Din |
| 5 | PETRONAS CHEMICALS GROUP | $11.63 billion | Mazuin bin Ismail |
| 6 | IHH HEALTHCARE | $11.33 billion | Prem Kumar Nair |
| 7 | DIGI.COM | $10.56 billion | Ron Konezny |
| 8 | HONG LEONG BANK | $8.53 billion | Sai Yoke Lam |
| 9 | PRESS METAL ALUMINIUM HOLDINGS | $8 billion | Poh Keong Koon |
| 10 | PETRONAS GAS | $7.58 billion | Abdul Aziz bin Othman |
| 11 | MISC | $7.14 billion | Rajalingam Subramaniam |
| 12 | SIME DARBY PLANTATION | $6.45 billion | Jeffri Salim Davidson |
| 13 | YTL POWER INTERNATIONAL | $6.35 billion | Sock Ping Yeoh |
| 14 | NESTLÉ (MALAYSIA) | $6.1 billion | Juan Jose Aranols Campillo |
| 15 | YTL CORPORATION | $5.85 billion | Sock Ping Yeoh |
| 16 | MAXIS | $5.85 billion | Seow Eng Goh |
| 17 | AXIATA GROUP | $5.35 billion | Vivek Sood |
| 18 | IOI CORPORATION | $5.3 billion | Yeow Chor Lee DSAP |
| 19 | RHB BANK | $5.16 billion | Mohd Rashid Bin Mohamad |
| 20 | KUALA LUMPUR KEPONG | $5.16 billion | Tan Sri Dato' Seri Lee Oi Hian |
| 21 | TELEKOM MALAYSIA | $4.86 billion | Amar Huzaimi Bin Md Deris |
| 22 | PPB GROUP | $4.69 billion | Huat Lim |
| 23 | PETRONAS DAGANGAN | $4.68 billion | Azrul Bin Osman Rani |
| 24 | GENTING | $4.07 billion | Lim Kok Thay |
| 25 | HONG LEONG FINANCIAL GROUP | $4.01 billion | Kong Khoon Tan |
| 26 | UNITED PLANTATIONS | $2.12 billion | Carl Bek-Nielsen |
| 27 | TIME DOTCOM | $2.11 billion | Afzal bin Abdul Rahim |
| 28 | HARTALEGA HOLDINGS | $1.76 billion | Mun Leong Kuan |
| 29 | BATU KAWAN | $1.64 billion | Hau Hian Lee |
| 30 | IJM CORPORATION | $1.62 billion | Hau Seng Liew |
Have you read?
The World’s Largest Companies by Market Cap, 2024.
The World’s Richest Female Billionaires, 2024.
Revealed: Countries in the world with the most female billionaires, 2024.
Poorest Countries in the World, 2024.
Ranked: Discover the Most Popular Sports in the United States, 2024.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
