Malaysia is a country with a growing economy. Over the past few years, many new businesses have started up and the competition has become fierce. In order to stay ahead of the competition, it is important to know which companies are the most valuable. In this blog post, we will discuss the 10 most valuable companies in Malaysia!
- PETRONAS Chemicals Group Berhad
- Tenaga Nasional
- IHH Healthcare
- CIMB Group
- Hong Leong Bank
- PETRONAS Gas
- MISC Berhad
- Nestle Malaysia
Maybank is the largest and most valuable company in Malaysia. It is a leading financial services provider, with almost 20 million customers worldwide. The company’s main business activities include retail banking, wholesale banking, investment banking, Islamic Banking and insurance. Maybank also has subsidiaries in Singapore and Indonesia as well as an international presence through its network of branches.
PETRONAS Chemicals Group Berhad is Malaysia’s leading integrated chemicals producer. Their operations include manufacturing, marketing and selling a variety of petrochemicals.
Tenaga Nasional is Malaysia’s national power utility, providing electricity to over 16 million consumers. Tenaga Nasional is the largest power company in Malaysia, and has subsidiaries in several other countries including Singapore and Thailand.
IHH Healthcare is one of the world’s largest healthcare companies with a presence in over 10 countries. It operates a network of 48 hospitals, 539 clinics and 441 pharmacies across the region. IHH Healthcare provides medical care to over 11 million people annually.
CIMB Group is a banking giant based in Malaysia that ranks among the top 15 financial service providers globally. The bank offers a wide range of services such as consumer banking, wealth management, commercial banking, Islamic banking, stock broking and life insurance services. CIMB Group also has a presence in Singapore, Indonesia and Thailand.
Hong Leong Bank is a major financial services provider in Malaysia with over 500 branches across the country. The bank provides a wide range of products such as savings accounts, current accounts, fixed deposits, mortgage loans and credit cards. Hong Leong Bank also offers international banking through its numerous subsidiaries overseas.
Petronas Gas is one of the largest independent gas producers and distributors in Southeast Asia. It supplies natural gas to various industries including power producers, steel mills and petrochemicals plants throughout Malaysia. Petronas Gas also has subsidiaries in neighbouring countries like Brunei Darussalam and Indonesia.
MISC Berhad is an oil and gas shipping company that operates vessels across the globe. MISC Berhad also provides support to oil and gas service providers as well as ship management services. The company is listed on Bursa Malaysia, making it one of the most valuable companies in the country.
Nestle Malaysia is a leading producer of food and beverage products in Malaysia with over 150 years of history behind it. Its product portfolio includes familiar household brands such as Milo, Nescafe, Nestea and Maggi. The company also has subsidiaries throughout Asia, Africa and Europe.
Lynas Corporation is a rare earths mining company based in Malaysia that produces rare earth oxides for use in various technology applications such as electric cars and batteries. Lynas Corporation operates an integrated production line from its extraction site in Western Australia, to its processing plant in Malaysia. The company is listed on the Australian Securities Exchange and has a presence in Asia Pacific region.
These companies are the most valuable ones in Malaysia and have contributed significantly to the growth of the country’s economy. With their diverse range of products and services, each company has an important role to play in driving Malaysia towards success.
*Last updated on 18 Dec 2022.