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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 October 21, 2024, MALAYAN BANKING is the most valuable company in Malaysia, with a market cap of $29.88 billion. Following it are Public Bank ($20.61 billion) and CIMB GROUP HOLDINGS ($20.29 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$29.88 billion
2PUBLIC BANK$20.61 billion
3CIMB GROUP HOLDINGS$20.29 billion
4TENAGA NASIONAL$19.82 billion
5IHH HEALTHCARE$14.71 billion
6PETRONAS CHEMICALS GROUP$10.46 billion
7HONG LEONG BANK$10.08 billion
8DIGI.COM$9.81 billion
9PRESS METAL ALUMINIUM HOLDINGS$9.19 billion
10PETRONAS GAS$8.12 billion
11MISC$7.94 billion
12SIME DARBY PLANTATION$7.58 billion
13MAXIS$6.79 billion
14YTL POWER INTERNATIONAL$6.71 billion
15RHB BANK$6.5 billion
16YTL CORPORATION$5.91 billion
17SUNWAY$5.91 billion
18TELEKOM MALAYSIA$5.82 billion
19NESTLÉ (MALAYSIA)$5.67 billion
20IOI CORPORATION$5.45 billion
21KUALA LUMPUR KEPONG$5.45 billion
22GAMUDA$5.37 billion
23AXIATA GROUP$5.12 billion
24HONG LEONG FINANCIAL GROUP$5.01 billion
25MR D.I.Y. GROUP (M)$4.85 billion
26PPB GROUP$4.73 billion
2799 SPEED MART RETAIL HOLDINGS$4.62 billion
28PETRONAS DAGANGAN$4.13 billion
29QL RESOURCES$4.06 billion
30MALAYSIA AIRPORTS HOLDINGS$4.04 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.