Table of Contents
Ever since the Covid-19 outbreak, Malaysia has seen a huge influx of new retail investors recently. I think a top 20 list of the largest, biggest and most valuable companies in Malaysia listed on the KLSE would be helpful. And fun at the same time.
The list would be based on the market capitalization of the companies listed on Bursa. I’ll be updating the list periodically.
For new investors, valuing a stock just based on its market cap is not the way to go. Instead, maybe use this list as a way to give you a place to start. Go deeper and start with annual reports and the company’s financials. If you like what you see and the numbers add up, it’s time to invest!
You can start with my Stock Investment Guide.
And also, open a brokerage account, my review of two of the best brokers in Malaysia –
MooMoo Malaysia can be found hERE.
Rakuten Trade can be found hERE.
Alternatively, you can lighten up with fun read on personal finance – The Best Credit Cards in Malaysia.
Latest List of the Top Companies in Malaysia by Market Cap
Updated 2026
This is a fun list to have and to keep track of. The numbers are basic and you shouldn’t base your investment decisions solely on this. It is however a good place to start.
You can actually see which companies are overvalued or undervalued based on market cap and their net profits compared to previous years. But as I said, this should be your preliminary assessment. Pick the companies you want and dive deep from here.
2025 Largest and Most Valuable Companies in Malaysia by Market Cap
Companies Out: PPB Group, KLK, Nestle Malaysia, Hong Leong Financial Group
Companies In: RHB Bank, YTL Power, 99 Speed Mart, SD Guthrie (rebranded from Sime Darby Plantation)
The 2025 list sees some notable reshuffling. PPB Group, KLK and Nestle Malaysia have all dropped out, weighed down by weaker market caps compared to the rising stars of the year. Hong Leong Financial Group also exits as its subsidiary Hong Leong Bank takes up the ranking on its own merit.
The banking sector continues to dominate, with five banks sitting in the top 13 and collectively generating over RM33 billion in net profit. The data centre boom has been the biggest theme of the year -TNB, YTL Power, Gamuda and Telekom Malaysia have all ridden the wave of Malaysia positioning itself as a regional hub for AI infrastructure and cloud computing.
The most talked-about new entry is 99 Speed Mart, which pulled off one of the biggest IPOs in Bursa history and shot straight into the top 20. It is a testament to just how embedded the mini market chain is in everyday Malaysian life. On the other end of the spectrum, Petronas Chemicals remains on the list despite posting a net loss of RM2.05 billion – a stark reminder that even the biggest names are not immune to a rough year.
20. IOI Corporation Berhad
Stock Symbol: IOICORP [1961]
Market Cap: RM25.706 billion
Revenue: RM11.334 billion
Net Profit: RM1.536 billion
IOI Corp is one of Malaysia’s leading integrated palm oil players, with operations spanning plantations and resource-based manufacturing. A consistent top 20 presence over the years, though its market cap has slipped compared to previous highs. CPO price movements remain the key driver of earnings from year to year. IOI also has a growing oleochemicals business that provides some diversification beyond plantation.
19. Gamuda Berhad
Stock Symbol: GAMUDA [5398]
Market Cap: RM26.226 billion
Revenue: RM15.970 billion
Net Profit: RM1.047 billion
Gamuda had a landmark FY2025, crossing the RM1 billion net profit mark for the first time. Revenue hit a record RM16 billion, driven by a massive construction orderbook of RM38 billion – an all-time high. Key projects include the Penang LRT, data centre developments and several international ventures in Australia and Taiwan. With Malaysia’s infrastructure buildout showing no signs of slowing, Gamuda is well-positioned for the years ahead.
18. Maxis Berhad
Stock Symbol: MAXIS [6012]
Market Cap: RM27.501 billion
Revenue: RM10.635 billion
Net Profit: RM1.561 billion
Malaysia’s premium mobile network operator continues to invest in its 5G rollout and digital services. Competition in the telco space remains fierce but Maxis holds firm as the go-to choice for quality coverage. Revenue and profit have been relatively stable, reflecting the mature nature of the telecommunications market in Malaysia.
17. Telekom Malaysia Berhad
Stock Symbol: TM [4863]
Market Cap: RM28.591 billion
Revenue: RM11.871 billion
Net Profit: RM1.734 billion
Malaysia’s national connectivity provider and the backbone of the country’s internet infrastructure. TM has been a clear beneficiary of the data centre boom in Malaysia, with soaring demand for high-speed fibre connectivity. UniFi continues to grow its subscriber base and TM’s enterprise business has seen strong momentum from the surge in data centre-related demand across the country.
16. 99 Speed Mart Retail Holdings Berhad
Stock Symbol: 99SMART [5326]
Market Cap: RM31.9 billion
Revenue: RM10.0 billion
Net Profit: RM0.5 billion
The standout new entry of 2025 and one of the biggest IPOs in Bursa history. 99 Speed Mart needs no introduction – the mini market chain is everywhere in Malaysia with over 2,800 outlets. Revenue is massive but margins are thin, as is typical for retail. A brand new listing that shot straight into the top 20.
15. Petronas Gas Berhad
Stock Symbol: PETGAS [6033]
Market Cap: RM33.638 billion
Revenue: RM6.373 billion
Net Profit: RM1.836 billion
A steady and reliable Petronas subsidiary involved in gas processing, transportation and LNG regasification. PETGAS is a favourite among income investors for its consistent and predictable dividend payouts. Revenue is relatively modest compared to its market cap, but the business generates strong and stable cash flows year after year. A classic defensive stock.
14. CelcomDigi Berhad
Stock Symbol: CDB [6947]
Market Cap: RM35.781 billion
Revenue: RM12.957 billion
Net Profit: RM1.529 billion
The merged entity of Celcom and Digi is Malaysia’s largest mobile operator by network coverage. Post-merger integration is still ongoing and the market is watching closely to see whether the combined entity can generate meaningful cost synergies. Owned equally by Axiata and Telenor at 33.1% each. Revenue is solid but profit margins remain under pressure as the group works through integration costs.
13. RHB Bank Berhad
Stock Symbol: RHBBANK [1066]
Market Cap: RM35.985 billion
Revenue: RM17.915 billion
Net Profit: RM3.368 billion
RHB makes a return to the top 20 list this year on the back of strong earnings. Net profit of RM3.368 billion is a commendable result and reflects the broader strength of Malaysia’s banking sector in 2025. RHB has been focused on growing its retail, SME and digital banking segments, and the numbers are starting to show results. A solid mid-tier bank that often flies under the radar compared to the big three.
12. YTL Power International Berhad
Stock Symbol: YTLPOWR [6742]
Market Cap: RM36.028 billion
Revenue: RM21.806 billion
Net Profit: RM2.523 billion
One of the biggest stories of recent years. YTL Power has transformed itself from a traditional utility into a major player in the data centre and AI infrastructure space through its wholly-owned subsidiary YES and its partnership with NVIDIA. Revenue of RM21.8 billion and net profit of RM2.5 billion reflect the group’s diverse operations spanning power generation, water, broadband and data centres across Malaysia, the UK, Singapore and Australia. A stock that attracted enormous retail attention in 2024-2025.
11. MISC Berhad
Stock Symbol: MISC [3816]
Market Cap: RM36.737 billion
Revenue: RM11.146 billion
Net Profit: RM1.738 billion
Malaysia’s national shipping line and a major global player in LNG and energy shipping. MISC benefits from long-term charter contracts that provide strong earnings visibility – a key reason it is viewed as a defensive stock. The group also has offshore floating solutions and marine engineering businesses. Backed by Petronas as its major shareholder, MISC remains a cornerstone of Malaysia’s energy logistics ecosystem.
10. Sunway Berhad
Stock Symbol: SUNWAY [5211]
Market Cap: RM36.749 billion
Revenue: RM9.812 billion
Net Profit: RM1.520 billion
Sunway is one of Malaysia’s most recognisable conglomerates, with an integrated business model spanning real estate, construction, healthcare, education, retail and hospitality. Most Malaysians would know Sunway through Sunway Pyramid, Sunway Lagoon or Sunway Medical Centre. The group also spun off Sunway Healthcare Holdings (SHH) in a much-talked-about IPO in early 2026, unlocking significant value for shareholders.
9. SD Guthrie Berhad (formerly Sime Darby Plantation)
Stock Symbol: SDG [5285]
Market Cap: RM41.079 billion
Revenue: RM20.895 billion
Net Profit: RM2.688 billion
Previously known as Sime Darby Plantation, the company was rebranded to SD Guthrie in 2024. It remains the world’s largest listed oil palm plantation company by planted area. Revenue of RM20.9 billion is substantial and net profit of RM2.688 billion reflects a decent year for the plantation sector. Earnings remain closely tied to global CPO prices, making it one of the more cyclical names on this list.
8. Petronas Chemicals Group Berhad
Stock Symbol: PCHEM [5183]
Market Cap: RM45.600 billion
Revenue: RM27.480 billion
Net Profit: -RM2.050 billion
The elephant in the room. Petronas Chemicals posted a net loss of RM2.05 billion in 2025 – a significant and rare occurrence for one of Malaysia’s largest companies. The loss was driven by weak petrochemical prices globally, high feedstock costs and challenging market conditions across the industry. Despite the loss, PCHEM’s market cap remains elevated at RM45.6 billion, reflecting investor confidence in a recovery. One to watch closely in 2026.
7. Hong Leong Bank Berhad
Stock Symbol: HLBANK [5819]
Market Cap: RM47.689 billion
Revenue: RM6.398 billion
Net Profit: RM4.273 billion
Consistently one of the most efficiently run banks in Malaysia. Hong Leong Bank’s net profit of RM4.273 billion is impressive relative to its revenue, reflecting strong net interest margins and exceptional asset quality. Its gross impaired loan ratio of 0.54% is among the best in the industry. A favourite among investors who value quality and consistency over size. HLB’s financial year ends in June, so its FY2025 covers July 2024 to June 2025.
6. Press Metal Aluminium Holdings Berhad
Stock Symbol: PMETAL [8869]
Market Cap: RM74.980 billion
Revenue: RM16.199 billion
Net Profit: RM2.507 billion
A remarkable Malaysian success story. Press Metal posted a record net profit of RM2.507 billion in FY2025, up 19% from the previous year, driven by higher aluminium sales volumes and stronger metal prices. Revenue grew 8.7% to RM16.2 billion. This is a company that was not even on this list a decade ago – it has climbed relentlessly on the back of expanding aluminium production capacity and rising global demand. Q4 FY2025 was its best quarter ever.
5. IHH Healthcare Berhad
Stock Symbol: IHH [5225]
Market Cap: RM79.171 billion
Revenue: RM25.745 billion
Net Profit: RM2.607 billion
Malaysia’s healthcare giant with a massive regional footprint spanning Singapore, Turkey, India and beyond. Brands include Gleneagles, Pantai Hospitals, Mount Elizabeth and Fortis. Net profit of RM2.607 billion was actually down 21% from FY2024, mainly due to unrealised currency translation losses from the strengthening Ringgit – not a reflection of underlying business weakness. On a constant currency basis, the business continues to grow strongly, particularly in Malaysia and India. IHH is one of the largest private healthcare groups in the world by market cap, listed on both Bursa Malaysia and the SGX.
4. CIMB Group Holdings Berhad
Stock Symbol: CIMB [1023]
Market Cap: RM83.725 billion
Revenue: RM22.467 billion
Net Profit: RM8.028 billion
A very strong FY2025 for CIMB, with net profit growing to RM8.028 billion. CIMB also became the first Malaysian company to announce a multi-year capital return programme of up to RM2 billion, and declared a total dividend of 47.1 sen per share for the year. A major ASEAN banking group with operations across Malaysia, Indonesia, Thailand, Singapore, Cambodia and Vietnam. Fun fact: CIMB owns Touch ‘n Go and the e-wallet Boost.
3. Tenaga Nasional Berhad (TNB)
Stock Symbol: TENAGA [5347]
Market Cap: RM84.056 billion
Revenue: RM67.723 billion
Net Profit: RM4.769 billion
A blockbuster year for TNB. Net profit rose 19.8% to RM4.769 billion and revenue surged 19.4% to RM67.7 billion, driven by accelerating electricity demand, higher regulated tariffs under the RP4 framework and a positive forex impact from the strengthening Ringgit. The data centre boom in Malaysia has put TNB at the very centre of the country’s energy infrastructure story. TNB spent RM12 billion on regulated capital expenditure in 2025 alone to modernise and expand the grid. Declared a total dividend of 53 sen per share for FY2025 – the highest in five years.
2. Public Bank Berhad
Stock Symbol: PBBANK [1295]
Market Cap: RM92.588 billion
Revenue: RM29.509 billion
Net Profit: RM7.407 billion
Another record year for Public Bank. Net profit of RM7.407 billion and revenue of RM29.5 billion, up 8.5% from the previous year. Loan growth was solid at 5.1% and asset quality remains the envy of the industry – its gross impaired loans ratio of just 0.53% is well below the industry average of 1.42%. Quietly and consistently one of the best-run banks in Southeast Asia. A fun fact: Public Bank owns Public Mutual, one of Malaysia’s largest unit trust companies. Founded by the late Tan Sri Teh Hong Piow.
1. Maybank (Malayan Banking Berhad)
Stock Symbol: MAYBANK [1155]
Market Cap: RM133.048 billion
Revenue: RM66.369 billion
Net Profit: RM10.831 billion
The king remains at No.1. Maybank posted a record net profit of RM10.831 billion in FY2025, up 4.2% year on year, supported by steady income growth, disciplined cost management and improved asset quality. ROE improved to 11.7% from 11.1% in FY2024. Declared a total dividend of 33 sen per share. Maybank is Malaysia’s largest bank and one of the most recognisable financial brands in Southeast Asia, with a presence in 20 countries. It remains by far Malaysia’s most valuable listed company — worth more than the next two companies on this list combined.
| Rank | Code | Company | Market cap (RM) |
|---|---|---|---|
| 1 | 1155 | Maybank | 133.048b |
| 2 | 1295 | Public Bank | 92.588b |
| 3 | 5347 | Tenaga Nasional | 84.056b |
| 4 | 1023 | CIMB | 83.725b |
| 5 | 5225 | IHH Healthcare | 79.171b |
| 6 | 8869 | Press Metal | 74.980b |
| 7 | 5819 | Hong Leong Bank | 47.689b |
| 8 | 5183 | Petronas Chemicals | 45.600b |
| 9 | 5285 | Sime Darby Plantation | 41.079b |
| 10 | 5211 | Sunway | 36.749b |
| 11 | 3816 | MISC | 36.737b |
| 12 | 6742 | YTL Power | 36.028b |
| 13 | 1066 | RHB Bank | 35.985b |
| 14 | 6947 | CelcomDigi | 35.781b |
| 15 | 6033 | Petronas Gas | 33.638b |
| 16 | 5326 | 99 Speed Mart | 28.980b |
| 17 | 4863 | Telekom Malaysia | 28.591b |
| 18 | 6012 | Maxis | 27.501b |
| 19 | 5398 | Gamuda | 26.226b |
| 20 | 1961 | IOI Corporation | 25.706b |
Out of the 20 companies listed above, I have stakes in a few. A full list of the stocks I own can be seen in my portfolio – the Freedom Fund.
Listing Malaysia’s top companies is always a fun exercise, and the 2025 list has been one of the most interesting yet. Banks continue to dominate, data centres have reshaped the fortunes of TNB and YTL Power, and Petronas Chemicals reminds us that even the biggest names are not immune to a tough year.
A few takeaways from this year’s list:
The banking sector remains the backbone of Bursa Malaysia. Five banks sit in the top 13, and collectively Maybank, Public Bank, CIMB, Hong Leong Bank and RHB Bank generated over RM33 billion in net profit in 2025. That is remarkable consistency from a sector that has quietly compounded value for investors year after year.
The data centre theme is real and it is reshaping the list. YTL Power, TNB, Gamuda and Telekom Malaysia have all benefited from Malaysia positioning itself as a regional data centre hub. This trend is not going away anytime soon.
Petronas Chemicals’ net loss of RM2.05 billion is a reminder that even blue chip companies go through difficult cycles. The petrochemical industry globally has been under pressure and PCHEM was not spared. The question for 2026 is whether a recovery in chemical prices can put them back in the black.
And finally, I’d like to put Malaysia’s biggest companies in perspective. Maybank, our most valuable company, has a market cap of RM133 billion. That sounds impressive – until you compare it to Apple, the world’s most valuable company, which is worth approximately USD3.2 trillion, or roughly RM14.2 trillion at current exchange rates.
To put it simply, you could buy every single company on this top 20 list and still not come close to Apple’s valuation. This is precisely why, apart from investing in Malaysian companies, I also invest in the US market. The global giants offer a scale and growth potential that Bursa simply cannot match – and a well-balanced portfolio should have exposure to both.
As always, this list is a starting point, not a buy list. Use it to identify companies worth researching further. Go deeper – read the annual reports, look at the financials, understand the business. If the numbers make sense and you like what you see, then it is time to invest.
For the next step, check out my Stock Investment Guide or take a look at my Best Dividend Stocks in Malaysia for more ideas.
2024 Largest and Most Valuable Companies in Malaysia by Market Cap
The following list ranks the top 20 largest and most valuable companies in Malaysia by market capitalization as of 2024. These companies represent a diverse range of industries, from banking and energy to telecommunications and healthcare, reflecting the strength of Malaysia’s economy.
This list highlights the key players driving growth and innovation in the country. Whether you are looking to invest or just curious about the market’s giants, this list provides valuable insight into the corporate giants shaping the country’s economic landscape.
20. PPB Group Berhad
Stock Symbol: PPB [4065]
Market Cap: RM22.0 billion
Revenue: RM6.1 billion
Net Profit: RM2.2 billion
PPB remains a prominent player despite challenges in market cap growth.
19. IOI Corporation Berhad
Stock Symbol: IOICORP [1961]
Market Cap: RM23.5 billion
Revenue: RM13.4 billion
Net Profit: RM2.5 billion
IOI’s performance benefits from solid palm oil production.
18. Telekom Malaysia
Stock Symbol: TM [4863]
Market Cap: RM24.8 billion
Revenue: RM12.5 billion
Net Profit: RM1.9 billion
Continued investment in fiber and broadband boosts Telekom Malaysia.
17. Gamuda Berhad
Stock Symbol: GAMUDA [5398]
Market Cap: RM25.7 billion
Revenue: RM8.8 billion
Net Profit: RM1.5 billion
Gamuda shows strong growth in infrastructure and property.
16. Maxis Berhad
Stock Symbol: MAXIS [6012]
Market Cap: RM27.5 billion
Revenue: RM9.6 billion
Net Profit: RM1.8 billion
Maxis is expanding its digital services and 5G infrastructure.
15. YTL Corporation Berhad
Stock Symbol: YTL [4677]
Market Cap: RM30.1 billion
Revenue: RM18.5 billion
Net Profit: RM2.6 billion
YTL remains a diversified conglomerate with a focus on energy and property.
14. Sunway Berhad
Stock Symbol: SUNWAY [5211]
Market Cap: RM31.2 billion
Revenue: RM9.3 billion
Net Profit: RM1.8 billion
Sunway excels with its integrated real estate and construction business model.
13. MISC Berhad
Stock Symbol: MISC [3816]
Market Cap: RM32.8 billion
Revenue: RM11.6 billion
Net Profit: RM2.4 billion
MISC benefits from sustained demand in energy shipping.
12. Sime Darby Plantation Berhad
Stock Symbol: SIMEPLT [5285]
Market Cap: RM37.5 billion
Revenue: RM20.4 billion
Net Profit: RM1.5 billion
Despite palm oil price fluctuations, Sime Darby Plantation remains a leader.
11. YTL Power International
Stock Symbol: YTLPOWR [6742]
Market Cap: RM39.3 billion
Revenue: RM17.3 billion
Net Profit: RM3.0 billion
Growth in energy demand drives YTL Power’s performance.
10. Petronas Gas Berhad
Stock Symbol: PETGAS [6033]
Market Cap: RM42.5 billion
Revenue: RM8.3 billion
Net Profit: RM4.1 billion
Petronas Gas remains a stable entity in the energy sector.
9. Petronas Chemicals Group Berhad
Stock Symbol: PCHEM [5183]
Market Cap: RM44.1 billion
Revenue: RM23.2 billion
Net Profit: RM5.4 billion
Petronas Chemicals thrives with strong performance in the industrial chemical market.
8. Press Metal Aluminium Holdings Berhad
Stock Symbol: PMETAL [8869]
Market Cap: RM47.8 billion
Revenue: RM18.3 billion
Net Profit: RM3.6 billion
Press Metal continues to benefit from strong aluminum demand.
7. CelcomDigi Berhad
Stock Symbol: CELCOMDIGI [6947]
Market Cap: RM49.2 billion
Revenue: RM12.5 billion
Net Profit: RM4.2 billion
The merger between Celcom and Digi strengthens its market position.
6. Hong Leong Bank Berhad
Stock Symbol: HLBANK [5819]
Market Cap: RM50.5 billion
Revenue: RM8.6 billion
Net Profit: RM4.0 billion
Hong Leong Bank’s financial performance remains strong, with steady growth.
5. IHH Healthcare Berhad
Stock Symbol: IHH [5225]
Market Cap: RM69.0 billion
Revenue: RM19.8 billion
Net Profit: RM2.8 billion
IHH expands further into the healthcare sector with a solid regional footprint.
4. Tenaga Nasional Berhad (TNB)
Stock Symbol: TENAGA [5347]
Market Cap: RM83.5 billion
Revenue: RM51.6 billion
Net Profit: RM4.5 billion
TNB continues its dominance in Malaysia’s power sector.
3. CIMB Group Holdings Berhad
Stock Symbol: CIMB [1023]
Market Cap: RM91.5 billion
Revenue: RM21.3 billion
Net Profit: RM6.2 billion
CIMB’s growth continues as it strengthens its regional presence.
2. Public Bank Berhad
Stock Symbol: PBBANK [1295]
Market Cap: RM93.1 billion
Revenue: RM23.5 billion
Net Profit: RM5.6 billion
Public Bank remains a top player in Malaysia’s banking sector.
1. Malayan Banking Berhad (Maybank)
Stock Symbol: MAYBANK [1155]
Market Cap: RM129.2 billion
Revenue: RM55.2 billion
Net Profit: RM10.9 billion
Maybank leads the list as Malaysia’s largest and most valuable company.
2023 Largest and Most Valuable Companies in Malaysia
Here we go again for 2023! Overall, after keying in the data, I think most of the top 20 companies in Malaysia upped their market cap and value in 2023.
No new companies in the top 20.
20. PPB Group Berhad
Stock Symbol : PPB [4065] Market Cap : RM22.021 billion Revenue : RM6.151 billion Net Profit : RM2.20 billion
PPB dropped to No.20 this year. Increased revenues and profits. I think the market cap should be higher.
19. Petronas Dagangan Berhad
Stock Symbol : PETDAG [5681] Market Cap : RM22.551 billion Revenue : RM36.748 billion Net Profit : RM0.787 billion
PETDAG and PPB switched spots, with PETDAG moving up to 19th. An increase in numbers.
18. Axiata Group Berhad
Stock Symbol : AXIATA [6888] Market Cap : RM23.131 billion Revenue : RM21.725 billion Net Profit : RM10.033 billion
Still feel that the merger was messy. Both Axiata and Telenor now own CDB.
17. KLK Berhad
Stock Symbol : KLK [2445] Market Cap : RM23.241 billion Revenue : RM27.149 billion Net Profit : RM2.438 billion
The palm oil giant still going strong. Revenues are up by a lot but it did not translate to profits.
16. RHB Bank Berhad
Stock Symbol : RHBBANK [1066] Market Cap : RM23.574 billion Revenue : RM13.278 billion Net Profit : RM2.712 billion
RHB has also managed to move up to 16th this year. Increase in all numbers.
15. IOI Corporation Berhad
Stock Symbol : IOICORP [1961] Market Cap : RM25.077 billion Revenue : RM11.583 billion Net Profit : RM1.130 billion
IOI Corp maintains its 15th spot. Value has gone up by a bit but profits are down.
14. Sime Darby Plantation Berhad
Stock Symbol : SIMEPLT [5285] Market Cap : RM29.668 billion Revenue : RM21.030 billion Net Profit : RM2.683 billion
SIMEPLT drops to the No.14 spot. Still a pretty good year it seems for our plantation stock.
13. Nestle (M) Berhad
Stock Symbol : NESTLE [4707] Market Cap : RM30.250 billion Revenue : RM6.664 billion Net Profit : RM620.334 million
Nestle Malaysia drops three spots to No.13 this year. Market cap is down but revenue and profit were up. A possible undervaluation.
12. Maxis Berhad
Stock Symbol : MAXIS [6012] Market Cap : RM31.641 billion Revenue : RM9.789 billion Net Profit : RM1.181 billion
Not a bad year for our telecommunications companies as Maxis increased its value by about RM6 billion this year.
11. MISC Berhad
Stock Symbol : MISC [3816] Market Cap : RM31.782 billion Revenue : RM13.867 billion Net Profit : RM1.835 billion
Maintained 11th spot this year. The logistic giant has had a comeback after the pandemic.
10. Petronas Gas Berhad
Stock Symbol : PETGAS [6033] Market Cap : RM33.915 billion Revenue : RM6.160 billion Net Profit : RM1.758 billion
Petronas Gas is a part of Malaysia’s state-owned Petronas Group. The company has interests in gas processing, gas transportation, LNG regasification, and utilities.
Numbers are up.
9. Press Metal Aluminium Holdings Berhad
Stock Symbol : PMETAL [8869] Market Cap : RM39.467 billion Revenue : RM15.692 billion Net Profit : RM1.780 billion
PMETAL is at the No.9 spot in 2023. All numbers are up.
8. Hong Leong Bank Berhad
Stock Symbol : HLBANK [5819] Market Cap : RM42.877 billion Revenue : RM5.685 billion Net Profit : RM3.818 billion
Banks are still coming in hot this year. Hong Leong Bank increased its numbers but got bumped down from 7th to 8th place thanks to Celcom and Digi’s merger.
7. CelcomDigi Berhad
Stock Symbol : CDB[6947] Market Cap : RM51.970 billion Revenue : RM6.773 billion Net Profit : RM0.763 billion
The new telecommunications conglomerate that is Celcom + Digi.
Revenue and profits may not be properly calculated yet but the market cap of both puts them in 7th place this year.
6. IHH Healthcare Berhad
Stock Symbol : IHH [5225] Market Cap : RM52.489 billion Revenue : RM17.988 billion Net Profit : RM1.645 billion
IHH dropped from 4th to 6th place. Losing RM4 billion in value.
Their brands include Gleneagles, Mount Elizabeth, Pantai Hospitals, Parkway and Fortis.
IHH has a presence in Malaysia, Singapore, Turkey and India. The Group also has a growing presence in Greater China and an expanding network across Asia and Central and Eastern Europe.
IHH is one of the largest healthcare groups in the world by market capitalisation and are listed on the Main Markets of Bursa Malaysia and the Singapore Stock Exchange.
5. Petronas Chemicals Group Berhad
Stock Symbol : PCHEM [5183] Market Cap : RM57.760 billion Revenue : RM28.953 billion Net Profit : RM6.327 billion
PCHEM dropped to 5th from the 3rd most valuable company in 2023. Losing about RM8+ billion in value.
PChem is another subsidiary under Malaysia’s state-owned Petronas. Its operations include the manufacturing, marketing and selling of a variety of petrochemicals.
4. Tenaga Nasional Berhad
Stock Symbol : TENAGA [5347] Market Cap : RM57.989 billion Revenue : RM50.867 billion Net Profit : RM3.557 billion
TENAGA has moved up to 4th place this year.
TNB is in the business of the generation and supply of electricity to the country’s power grid.
3. CIMB Group Holdings Berhad
Stock Symbol : CIMB [1023] Market Cap : RM59.191 billion Revenue : RM19.837 billion Net Profit : RM5.592 billion
Malaysia’s third-largest bank by market cap. Moved up two places from No.5.
2. Public Bank Berhad
Stock Symbol : PBBANK [1295] Market Cap : RM80.360 billion Revenue : RM21.426 billion Net Profit : RM6.169 billion
PBBANK maintained its No.2 spot.
Public Bank is not the 2nd largest bank in Malaysia, ahead of CIMB. Founded by Malaysia’s 5th richest man – Tan Sri Dato’ Sri Dr. Teh Hong Piow.
A fun fact – Public Bank owns Public Mutual.
1. Malayan Banking Berhad
Stock Symbol : MAYBANK [1155] Market Cap : RM107.094 billion Revenue : RM50.913 billion Net Profit : RM8.373 billion
The king remains at no.1. The bank has increased by RM4+ billion in value AGAIN this year. If they continue to do this every year that’ll be 5% every year almost. They’re also a good RM27 billion ahead of No.2.
2022 Largest and Most Valuable Companies in Malaysia
Companies Out – Mr. DIY, Hartalega, TopGlove
Companies In – PetDag, PPB, KLK
Gloves have been hit really really hard post-pandemic, no more glove stocks in the top 20 list for 2022. Instead, we’ve seen plantation stocks rush in and go up in value. Banks have also fared well in 2022.
20. Petronas Dagangan Berhad
Stock Symbol : PETDAG [5681] Market Cap : RM22.591 billion Revenue : RM22.505 billion Net Profit : RM0.531 billion
PETDAG entered the 2022 list, kicking out Mr. DIY from last year’s No.20 spot.
19. PPB Group Berhad
Stock Symbol : PPB [4065] Market Cap : RM22.733 billion Revenue : RM4.857 billion Net Profit : RM1.507 billion
PPB dropped one spot to No.19 this year. Increased revenues and profits but a drop in market cap.
18. KLK Berhad
Stock Symbol : KLK [2445] Market Cap : RM22.852 billion Revenue : RM19.915 billion Net Profit : RM2.452 billion
The palm oil giant is back in the top 20 list for 2022!
17. RHB Bank Berhad
Stock Symbol : RHBBANK [1066] Market Cap : RM23.798 billion Revenue : RM11.748 billion Net Profit : RM2.623 billion
RHB has also managed to get in on the list for 2022. Banks in general have been doing well after the pandemic.
16. Axiata Group Berhad
Stock Symbol : AXIATA [6888] Market Cap : RM24.134 billion Revenue : RM25.900 billion Net Profit : RM1.276 billion
A huge drop of almost RM10b in market cap for Axiata, dropping from the 11th to the 16th spot this year.
15. IOI Corporation Berhad
Stock Symbol : IOICORP [1961] Market Cap : RM24.575 billion Revenue : RM11.251 billion Net Profit : RM1.416 billion
The year for palm oil stocks as IOI Corp goes from 19th to 15th place.
14. Maxis Berhad
Stock Symbol : MAXIS [6012] Market Cap : RM25.526 billion Revenue : RM9.203 billion Net Profit : RM1.308 billion
Not the year for our telecommunications companies as Maxis, like Axiata lost RM10b in value.
13. Digi.com Berhad
Stock Symbol : DIGI [6947] Market Cap : RM26.279 billion Revenue : RM6.335 billion Net Profit : RM1.162 billion
Best performing among the 3 telecom companies in Malaysia, they still lost RM8b in value.
12. Sime Darby Plantation Berhad
Stock Symbol : SIMEPLT [5285] Market Cap : RM28.561 billion Revenue : RM18.695 billion Net Profit : RM2.493 billion
SIMEPLT maintains its No.12 spot. A pretty good year it seems for our plantation stocks.
11. MISC Berhad
Stock Symbol : MISC [3816] Market Cap : RM30.264 billion Revenue : RM10.671 billion Net Profit : RM1.733 billion
Up from 17th to the 11th spot this year. The logistic giant has had a comeback after the pandemic.
10. Nestle (M) Berhad
Stock Symbol : NESTLE [4707] Market Cap : RM31.118 billion Revenue : RM5.733 billion Net Profit : RM569.811 million
Nestle Malaysia moved up three spots to No.10 this year.
9. Petronas Gas Berhad
Stock Symbol : PETGAS [6033] Market Cap : RM32.530 billion Revenue : RM5.648 billion Net Profit : RM2.111 billion
Petronas Gas is a part of Malaysia’s state-owned Petronas Group. The company has interests in gas processing, gas transportation, LNG regasification, and utilities.
Up from No.14 to No.9 this year.
8. Press Metal Aluminium Holdings Berhad
Stock Symbol : PMETAL [8869] Market Cap : RM33.535 billion Revenue : RM10.994 billion Net Profit : RM1.332 billion
PMETAL maintains its No.8 spot in 2022. An RM8b drop in value though.
7. Hong Leong Bank Berhad
Stock Symbol : HLBANK [5819] Market Cap : RM43.527 billion Revenue : RM5.466 billion Net Profit : RM2.869 billion
Banks are coming in hot this year. Hong Leong Bank moved up from 9th to 7th place in 2021. And banks are one of the few companies that have increased in market value for 2022.
6. Tenaga Nasional Berhad
Stock Symbol : TENAGA [5347] Market Cap : RM45.391 billion Revenue : RM52.629 billion Net Profit : RM3.864 billion
TENAGA has dropped from 4th place to 6th this year. They’ve lost about RM8 billion in value. Two consecutive years of loss in value.
TNB is in the business of the generation and supply of electricity to the country’s power grid.
5. CIMB Group Holdings Berhad
Stock Symbol : CIMB [1023] Market Cap : RM53.104 billion Revenue : RM19.512 billion Net Profit : RM4.392 billion
Malaysia’s third largest bank by market cap. Moved up two places from No.7.
4. IHH Healthcare Berhad
Stock Symbol : IHH [5225] Market Cap : RM56.436 billion Revenue : RM17.131 billion Net Profit : RM2.176 billion
IHH moved up from 5th place to No.4.
Their brands include Gleneagles, Mount Elizabeth, Pantai Hospitals, Parkway and Fortis.
IHH has a presence in Malaysia, Singapore, Turkey and India. The Group also has a growing presence in Greater China and an expanding network across Asia and Central and Eastern Europe.
IHH is one of the largest healthcare groups in the world by market capitalisation and are listed on the Main Markets of Bursa Malaysia and the Singapore Stock Exchange.
3. Petronas Chemicals Group Berhad
Stock Symbol : PCHEM [5183] Market Cap : RM66.080 billion Revenue : RM23.025 billion Net Profit : RM7.319 billion
PCHEM maintained its spot form last year.
PChem is another subsidiary under Malaysia’s state-owned Petronas. Its operations include the manufacturing, marketing and selling of a variety of petrochemicals.
2. Public Bank Berhad
Stock Symbol : PBBANK [1295] Market Cap : RM85.212 billion Revenue : RM19.622 billion Net Profit : RM5.729 billion
PBBANK maintained its No.2 spot.
Public Bank is not the 2nd largest bank in Malaysia, ahead of CIMB. Founded by Malaysia’s 5th richest man – Tan Sri Dato’ Sri Dr. Teh Hong Piow.
A fun fact – Public Bank owns Public Mutual.
1. Malayan Banking Berhad
Stock Symbol : MAYBANK [1155] Market Cap : RM102.463 billion Revenue : RM45.959 billion Net Profit : RM8.312 billion
The king remains at no.1. The bank has also increased by RM5 billion in value. Crossing the RM100m in value mark once again this year.
Maybank is Malaysia’s largest bank and largest company by market capitalisation. It is the first company in Malaysia to cross the RM100 billion dollar mark in market cap.
The bank has offices and a presence in 20 countries around the world.
2021 Largest and Most Valuable Companies in Malaysia
20. Mr. DIY Berhad
Stock Symbol : MRDIY [5296] Market Cap : RM25.17 billion Revenue : RM2.56 billion Net Profit : RM0.35 billion
A new entry into the top 20 list! And to think that they only recently IPO-ed.
19. IOI Corporation Berhad
Stock Symbol : IOICORP [1961] Market Cap : RM25.77 billion Revenue : RM7.80 billion Net Profit : RM1.285 billion
A drop to 19th place from its previous 17.
18. PPB Group Berhad
Stock Symbol : PPB [4065] Market Cap : RM26.63 billion Revenue : RM4.19 billion Net Profit : RM1.36 billion
PPB maintained its position at number 18. Market cap also increased a little.
17. MISC Berhad
Stock Symbol : MISC [3816] Market Cap : RM30.49 billion Revenue : RM9.40 billion Net Profit : RM1.38 billion
MISC has shot back up as shipping and logistics moved up the pecking order during the COVID pandemic.
They have however dropped from 10th to 17th place. Market cap dropped by about RM6 billion.
16. Sime Darby Plantation Berhad
Stock Symbol : SIMEPLT [5285] Market Cap : RM30.842 billion Revenue : RM13.08 billion Net Profit : RM1.473 billion
SIMEPLT moved down four spots from number 12. Market cap dropped by about RM4 billion.
15. Hartalega Holdings Berhad
Stock Symbol : HARTA [5168] Market Cap : RM31.05 billion Revenue : RM6.695 billion Net Profit : RM2.90 billion
Malaysia’s 2nd largest glove maker just behind Top Glove. Harta moved from 7th place previously to no.15 now.
Their market cap dropped by about RM10 billion.
14. Petronas Gas Berhad
Stock Symbol : PETGAS [6033] Market Cap : RM31.90 billion Revenue : RM5.59 billion Net Profit : RM2.27 billion
Petronas Gas is a part of Malaysia’s state-owned Petronas Group. The company has interests in gas processing, gas transportation, LNG regasification, and utilities.
Dropped from 11th place to 14th. Market cap dropped by about RM2 billion. Both revenue and net profit increased. Undervalued?
13. Nestle (M) Berhad
Stock Symbol : NESTLE [4707] Market Cap : RM31.82 billion Revenue : RM5.41 billion Net Profit : RM541.57 million
Nestle Malaysia moved up 3 places from 16th to 13th.
12. Digi.com Berhad
Stock Symbol : DIGI [6947] Market Cap : RM33.12 billion Revenue : RM6.15 billion Net Profit : RM1.15 billion
Digi moved up from 13th to 12th in 2021.
11. Axiata Group Berhad
Stock Symbol : AXIATA [6888] Market Cap : RM33.65 billion Revenue : RM24.58 billion Net Profit : RM1.82 billion
Axiata moved up three places this year! Overtaking Digi. Both companies will be merged.
10. Maxis Berhad
Stock Symbol : MAXIS [6012] Market Cap : RM36.06 billion Revenue : RM8.966 billion Net Profit : RM1.36 billion
Maxis dropped to 10th place this year from its previous 8th. They lost about RM5 billion in value.
9. Hong Leong Bank Berhad
Stock Symbol : HLBANK [5819] Market Cap : RM38.24 billion Revenue : RM4.78 billion Net Profit : RM2.50 billion
Banks are coming in hot this year. Hong Leong Bank moved up from 15th to 9th place in 2021.
8. Press Metal Aluminium Holdings Berhad
Stock Symbol : PMETAL [8869] Market Cap : RM41.75 billion Revenue : RM7.54 billion Net Profit : RM0.58 billion
A new entry to the list. Shot up straight to 8th place. I really don’t see the justification for it being so high up right now.
7. CIMB Group Holdings Berhad
Stock Symbol : CIMB [1023] Market Cap : RM42.16 billion Revenue : RM17.19 billion Net Profit : RM1.15 billion
Malaysia’s third largest bank by market cap. Moved up two places from no.9.
6. Top Glove Corporation Berhad
Stock Symbol : TOPGLOV [7113] Market Cap : RM42.67 billion Revenue : RM7.24 billion Net Profit : RM6.98 billion
Top Glove is not only the largest in Malaysia. It is the world’s largest manufacturer of gloves.
Apart from gloves, the company’s product range comprises of condoms, dental dams and exercise bands.
Maintained its position. Market cap dropped by about RM2 billion.
5. IHH Healthcare Berhad
Stock Symbol : IHH [5225] Market Cap : RM45.74 billion Revenue : RM13.40 billion Net Profit : RM205.85 million
IHH too maintained its no.5 position this year.
Their brands include Gleneagles, Mount Elizabeth, Pantai Hospitals, Parkway and Fortis.
IHH has a presence in Malaysia, Singapore, Turkey and India. The Group also has a growing presence in Greater China and an expanding network across Asia and Central and Eastern Europe.
IHH is one of the largest healthcare groups in the world by market capitalisation and are listed on the Main Markets of Bursa Malaysia and the Singapore Stock Exchange.
4. Tenaga Nasional Berhad
Stock Symbol : TENAGA [5347] Market Cap : RM56.91 billion Revenue : RM43.98 billion Net Profit : RM3.62 billion
TENAGA has dropped from 2nd place to 4th this year. They’ve lost about RM12 billion in value.
TNB is in the business of the generation and supply of electricity to the country’s power grid.
3. Petronas Chemicals Group Berhad
Stock Symbol : PCHEM [5183] Market Cap : RM64.32 billion Revenue : RM14.36 billion Net Profit : RM1.59 billion
Moved up from 4th to 3rd this year. Value went up by RM10 billion.
PChem is another subsidiary under Malaysia’s state-owned Petronas. Its operations include the manufacturing, marketing and selling of a variety of petrochemicals.
2. Public Bank Berhad
Stock Symbol : PBBANK [1295] Market Cap : RM81.52 billion Revenue : RM20.30 billion Net Profit : RM5.14 billion
PBBANK moved up from 3rd to 2nd. Increased its value by about RM14 billion.
Public Bank is not the 2nd largest bank in Malaysia, ahead of CIMB. Founded by Malaysia’s 5th richest man – Tan Sri Dato’ Sri Dr. Teh Hong Piow.
A fun fact – Public Bank owns Public Mutual.
1. Malayan Banking Berhad
Stock Symbol : MAYBANK [1155] Market Cap : RM95.31 billion Revenue : RM51.03 billion Net Profit : RM6.72 billion
The king remains at no.1. The bank has also increased by RM5 billion in value.
Maybank is Malaysia’s largest bank and largest company by market capitalisation. It is the first company in Malaysia to cross the RM100 billion dollar mark in market cap.
The bank has offices and presence in 20 countries around the world.
2019 Largest and Most Valuable Companies in Malaysia
20. Hap Seng Consolidated Berhad
Stock Symbol : HAPSENG [3034] Market Cap : RM22.15 billion Revenue : RM7.10 billion Net Profit : RM1.22 billion
Coming in at number 20 is Hap Seng, most of you may know them as one of the dealers for Mercedes Benz via their subsidary – Hap Seng Star.
In fact, Hap Seng has six main business divisions – plantation, automotive, property, trading, credit financing and building materials.
19. Kuala Lumpur Kepong Berhad
Stock Symbol : KLK[2445] Market Cap : RM24.56 billion Revenue : RM15.53 billion Net Profit : RM650.73 million
KLK is one of the largest plantation company in Malaysia. Focusing on both oil palm and rubber.
Besides plantation, KLK has interests in oleochemical and property development.
18. PPB Group Berhad
Stock Symbol : PPB [4065] Market Cap : RM24.72 billion Revenue : RM4.68 billion Net Profit : RM1.20 billion
Some of you may know this as Malaysia’s richest business magnate’s company – Robert Kuok’s.
PPB has interests in oil palm, agriculture, film (GSC Cinmenas), engineering and property development.
17. IOI Corporation Berhad
Stock Symbol : IOICORP [1961] Market Cap : RM27.47 billion Revenue : RM7.39 billion Net Profit : RM617.60 million
IOI Corp is another plantation player with interests in the property sector as well.
16. Nestle (M) Berhad
Stock Symbol : NESTLE [4707] Market Cap : RM32.62 billion Revenue : RM5.52 billion Net Profit : RM672.91 million
Nestle is in the consumer products sector and a household name in Malaysia. Brands like Milo, Maggi, Nescafe, KitKat all fall under the huge Nestle umbrella.
15. Hong Leong Bank Berhad
Stock Symbol : HLBANK [5819] Market Cap : RM33.17 billion Revenue : RM4.73 billion Net Profit : RM2.66 billion
Hong Leong bank is the 4th largest bank by market cap in Malaysia. It has a presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
Nothing much to be said except to expect 3 other banks to come in the list later.
14. Axiata Group Berhad
Stock Symbol : AXIATA [6888] Market Cap : RM33.65 billion Revenue : RM24.58 billion Net Profit : RM1.82 billion
Axiata is a telecommunications company in Malaysia and if you don’t already know, Celcom is brought to you by Axiata.
13. Digi.com Berhad
Stock Symbol : DIGI [6947] Market Cap : RM34.21 billion Revenue : RM6.30 billion Net Profit : RM1.43 billion
Another telecommunications company, Digi comes in at number 13. Traditionally, telecommunication stocks have been dividend darlings to investors.
12. Sime Darby Plantation Berhad
Stock Symbol : SIMEPLT [5285] Market Cap : RM34.42 billion Revenue : RM12.06 billion Net Profit : -RM47.00 million
With the recent split of the Sime Darby Group, Sime Darby Plantation remains in the top 20 companies in Malaysia.
They are currently the largest plantation company by market cap in Malaysia.
11. Petronas Gas Berhad
Stock Symbol : PETGAS [6033] Market Cap : RM35.62 billion Revenue : RM5.46 billion Net Profit : RM1.98 billion
Petronas Gas is a part of Malaysia’s state-owned Petronas Group. The company has interests in gas processing, gas transportation, LNG regasification and utilities.
10. MISC Berhad
Stock Symbol : MISC [3816] Market Cap : RM36.51 billion Revenue : RM8.96 billion Net Profit : RM1.44 billion
MISC is in the business of providing international energy-related maritime solutions and services. Main interests include LNG shipping, petroleum shipping, operation of offshore floating solutions, marine and heavy engineering, and port management.
9. CIMB Group Holdings Berhad
Stock Symbol : CIMB [1023] Market Cap : RM39.20 billion Revenue : RM17.80 billion Net Profit : RM4.46 billion
Malaysia’s third largest bank by market cap.
It has subsidiaries in Thailand, Cambodia, and Vietnam, as well as branches in Singapore, the Philippines, London, Hong Kong, Shanghai, and Laos and representative offices in Yangon and Mumbai.
A fun and perhaps valuable fact is that CIMB owns Touch n’ Go and the e-wallet Boost.
8. Maxis Berhad
Stock Symbol : MAXIS [6012] Market Cap : RM42.00 billion Revenue : RM9.31 billion Net Profit : RM1.52 billion
Malaysia’s largest telecommunications company. Maxis provides other digital services as well apart from its bread and butter – coverage.
7. Hartalega Holdings Berhad
Stock Symbol : HARTA [5168] Market Cap : RM42.15 billion Revenue : RM2.92 billion Net Profit : RM435.83 million
Malaysia’s 2nd largest glove maker just behind Top Glove. They produce nitrile, latex and OEM gloves.
Glove makers are in the top 20 right now because of market enthusiasm.
6. Top Glove Corporation Berhad
Stock Symbol : TOPGLOV [7113] Market Cap : RM44.29 billion Revenue : RM4.80 billion Net Profit : RM373.61 million
Top Glove is not only the largest in Malaysia. It is the world’s largest manufacturer of gloves.
Apart from gloves, the company’s product range comprises of condoms, dental dams and exercise bands.
Glove makers are in the top 20 right now because of market enthusiasm.
5. IHH Healthcare Berhad
Stock Symbol : IHH [5225] Market Cap : RM48.27 billion Revenue : RM14.91 billion Net Profit : RM514.84 million
If you’ve been to a hospital, chances are it is owned by IHH.
Their brands include Gleneagles, Mount Elizabeth, Pantai Hospitals, Parkway and Fortis.
IHH has a presence in Malaysia, Singapore, Turkey and India. The Group also has a growing presence in Greater China and an expanding network across Asia and Central and Eastern Europe.
IHH is one of the largest healthcare groups in the world by market capitalisation and are listed on the Main Markets of Bursa Malaysia and the Singapore Stock Exchange.
4. Petronas Chemicals Group Berhad
Stock Symbol : PCHEM [5183] Market Cap : RM53.60 billion Revenue : RM16.37 billion Net Profit : RM2.80 billion
PChem is another subsidiary under Malaysia’s state-owned Petronas. Its operations include the manufacturing, marketing and selling of a variety of petrochemicals.
3. Public Bank Berhad
Stock Symbol : PBBANK [1295] Market Cap : RM66.93 billion Revenue : RM22.45 billion Net Profit : RM5.58 billion
Public Bank is not the 2nd largest bank in Malaysia, ahead of CIMB. Founded by Malaysia’s 5th richest man – Tan Sri Dato’ Sri Dr. Teh Hong Piow.
A fun fact – Public Bank owns Public Mutual.
2. Tenaga Nasional Berhad
Stock Symbol : TENAGA [5347] Market Cap : RM68.23 billion Revenue : RM50.94 billion Net Profit : RM4.45 billion
TNB is in the business of the generation and supply of electricity to the country’s power grid.
1. Malayan Banking Berhad
Stock Symbol : MAYBANK [1155] Market Cap : RM90.83 billion Revenue : RM52.84 billion Net Profit : RM8.48 billion
Maybank is Malaysia’s largest bank and largest company by market capitalisation. It is the first company in Malaysia to cross the RM100 billion dollar mark in market cap.
The bank has offices and presence in 20 countries around the world.
End.
Out of the 20 companies listed above, I have stakes in 4 companies. A full list of the stocks I own can be seen in my portfolio – the Freedom Fund.
Listing Malaysia’s top companies has been fun. However, I’d like to emphasize just how small Malaysia’s companies are:
Apple, the world’s most valuable company is valued at USD1.53 trillion. Converted to RM, that puts Apple’s valuation at a whopping RM6.53 trillion.
To put it in simpler terms.. our most valuable company – Maybank is worth 1.38% of Apple. This is why apart from investing in Malaysian companies, I am investing in the US as well.
Investing is easy, just make sure to not be drowned in the clutter and news surrounding the stocks you’re investing in. Trust sound judgement and trust the numbers.