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

Banking and Finance

Singapore’s Largest Companies by market capitalization, 2024

Singapore Starr International Insurance

As of March 12, 2024, DBS GROUP HOLDINGS is the most valuable company in Singapore, with a market cap of $65.55 billion. Following it are OVERSEA-CHINESE BANKING CORPORATION ($44.5 billion) and UNITED OVERSEAS BANK LIMITED ($35.55 billion). Singapore’s top five most valuable companies include some of the world’s most renowned brands: SINGAPORE TELECOMMUNICATIONS LIMITED (No. 4, $29.51 billion) and SINGAPORE AIRLINES LIMITED (No. 5, $19.83 billion).

Overall, among Singapore’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by WILMAR INTERNATIONAL LIMITED, JARDINE MATHESON HOLDINGS LIMITED, CAPITA LAND INVESTMENT LIMITED, CAPITA LAND INTEGRATED COMMERCIAL TRUST, and KEPPEL LTD.

Which one is the most valuable in Singapore by market cap? This list comprises the biggest companies currently in Malaysia by market cap in 2024:

Singapore’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)CEO
1DBS GROUP HOLDINGS LTD $65.55 billionPiyush Gupta
2OVERSEA-CHINESE BANKING CORPORATION LIMITED$44.5 billionPik Kuen Wong
3UNITED OVERSEAS BANK LIMITED$35.55 billionEe Cheong Wee
4SINGAPORE TELECOMMUNICATIONS LIMITED$29.51 billionKuan Moon Yuen
5SINGAPORE AIRLINES LIMITED$19.83 billionChoon Phong Goh BS (CSE
6WILMAR INTERNATIONAL LIMITED$15.85 billionKhoon Hong Kuok
7JARDINE MATHESON HOLDINGS LIMITED$11.3 billionBenjamin William Keswick
8CAPITALAND INVESTMENT LIMITED$10.3 billionChee Koon Lee
9CAPITALAND INTEGRATED COMMERCIAL TRUST$9.82 billionTee Hieong Tan
10KEPPEL LTD.$9.48 billionChin Hua Loh
11THAI BEVERAGE$9.44 billionThapana Sirivadhanabhakdi
12SINGAPORE TECHNOLOGIES ENGINEERING LTD$9.31 billionSy Feng Chong
13CAPITALAND ASCENDAS REIT$9.01 billionWee Leong Tay
14GENTING SINGAPORE LIMITED$8.16 billionHee Teck Tan
15SINGAPORE EXCHANGE LIMITED$7.5 billionBoon Chye Loh
16JARDINE CYCLE & CARRIAGE LIMITED$7.2 billionBenjamin Herrenden Birks
17HONGKONG LAND HOLDINGS LIMITED$7.15 billionYau Chung Wong
18SEMBCORP INDUSTRIES LTD$6.78 billionKim Yin Wong
19GREAT EASTERN HOLDINGS LIMITED$6.49 billionHock Seng Khor
20MAPLETREE LOGISTICS TRUST$5.55 billionKiat Ng
21YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD.$5.46 billionLetian Ren
22MAPLETREE PAN ASIA COMMERCIAL TRUST$5.25 billionHwee Li Lim
23MAPLETREE INDUSTRIAL TRUST$4.94 billionTham Kuo Wei
24SEATRIUM LIMITED$4.66 billionLeng Yeow Ong
25CITY DEVELOPMENTS LIMITED$3.92 billionEik Tse Kwek
26KEPPEL INFRASTRUCTURE TRUST$2.07 billionKevin Neo Tzu Chao
27MANDARIN ORIENTAL INTERNATIONAL LIMITED$2.02 billionLaurent Kleitman
28SINGAPORE LAND GROUP LIMITED$1.98 billionZai Jie Eu
29SIA ENGINEERING COMPANY LIMITED$1.92 billionYau Seng Chin
30ESR-LOGOS REIT$1.76 billionWai Yin Chui

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CEOWORLD magazine - Latest - Banking and Finance - Singapore’s Largest Companies by market capitalization, 2024
Nikolas Anderson
Associate Editor at CEOWORLD Magazine. I report on CEOs, boards, corporate governance, what’s going on inside the world’s biggest companies, and the future of work. Previously, I was Senior Energy Correspondent covering oil and gas companies, G-20 energy policy, and the global transition towards cleaner fuels.