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CEOWORLD magazine - Latest - CEO Explainers - Malaysia’s Largest Companies by market capitalization, 2024

CEO Explainers

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

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1MALAYAN BANKING$28.32 billion
2CIMB GROUP HOLDINGS$20.28 billion
3PUBLIC BANK$19.45 billion
4TENAGA NASIONAL$17.99 billion
5IHH HEALTHCARE$14.39 billion
6DIGI.COM$9.99 billion
7HONG LEONG BANK$9.43 billion
8PRESS METAL ALUMINIUM HOLDINGS$9.28 billion
9PETRONAS CHEMICALS GROUP$7.86 billion
10PETRONAS GAS$7.79 billion
11SIME DARBY PLANTATION$7.65 billion
12MISC$7.42 billion
13RHB BANK$6.36 billion
14SUNWAY$6.28 billion
15MAXIS$6.21 billion
16GAMUDA$5.85 billion
17TELEKOM MALAYSIA$5.83 billion
18IOI CORPORATION$5.25 billion
19KUALA LUMPUR KEPONG$5.03 billion
20YTL CORPORATION$5.02 billion
21NESTLÉ (MALAYSIA)$4.78 billion
22HONG LEONG FINANCIAL GROUP$4.63 billion
23AXIATA GROUP$4.57 billion
2499 SPEED MART RETAIL HOLDINGS$4.41 billion
25PETRONAS DAGANGAN$4.37 billion
26AMMB HOLDINGS$4.25 billion
27MALAYSIA AIRPORTS HOLDINGS$4.11 billion
28QL RESOURCES$3.81 billion
29PPB GROUP$3.77 billion
30MR D.I.Y. GROUP (M)$3.58 billion

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CEOWORLD magazine - Latest - CEO Explainers - 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.