Malaysia’s Largest Companies by market capitalization, 2024

As of February 10, 2025, MALAYAN BANKING is the most valuable company in Malaysia, with a market cap of $$28.32 billion. Following it are CIMB GROUP HOLDINGS ($20.28 billion) and Public Bank ($19.45 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 | $28.32 billion |
2 | CIMB GROUP HOLDINGS | $20.28 billion |
3 | PUBLIC BANK | $19.45 billion |
4 | TENAGA NASIONAL | $17.99 billion |
5 | IHH HEALTHCARE | $14.39 billion |
6 | DIGI.COM | $9.99 billion |
7 | HONG LEONG BANK | $9.43 billion |
8 | PRESS METAL ALUMINIUM HOLDINGS | $9.28 billion |
9 | PETRONAS CHEMICALS GROUP | $7.86 billion |
10 | PETRONAS GAS | $7.79 billion |
11 | SIME DARBY PLANTATION | $7.65 billion |
12 | MISC | $7.42 billion |
13 | RHB BANK | $6.36 billion |
14 | SUNWAY | $6.28 billion |
15 | MAXIS | $6.21 billion |
16 | GAMUDA | $5.85 billion |
17 | TELEKOM MALAYSIA | $5.83 billion |
18 | IOI CORPORATION | $5.25 billion |
19 | KUALA LUMPUR KEPONG | $5.03 billion |
20 | YTL CORPORATION | $5.02 billion |
21 | NESTLÉ (MALAYSIA) | $4.78 billion |
22 | HONG LEONG FINANCIAL GROUP | $4.63 billion |
23 | AXIATA GROUP | $4.57 billion |
24 | 99 SPEED MART RETAIL HOLDINGS | $4.41 billion |
25 | PETRONAS DAGANGAN | $4.37 billion |
26 | AMMB HOLDINGS | $4.25 billion |
27 | MALAYSIA AIRPORTS HOLDINGS | $4.11 billion |
28 | QL RESOURCES | $3.81 billion |
29 | PPB GROUP | $3.77 billion |
30 | MR D.I.Y. GROUP (M) | $3.58 billion |
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