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Executive Roundtable

Malaysia’s Largest Companies by market capitalization, 2024

As of February 19, 2025, MALAYAN BANKING is the most valuable company in Malaysia, with a market cap of $$28.61 billion. Following it are CIMB GROUP HOLDINGS ($20.28 billion) and Public Bank ($19.65 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$28.61 billion
2CIMB GROUP HOLDINGS$20.28 billion
3PUBLIC BANK$19.65 billion
4TENAGA NASIONAL$18.23 billion
5IHH HEALTHCARE$14.43 billion
6PRESS METAL ALUMINIUM HOLDINGS$9.55 billion
7HONG LEONG BANK$9.48 billion
8DIGI.COM$8.97 billion
9PETRONAS GAS$7.77 billion
10SIME DARBY PLANTATION$7.54 billion
11MISC$7.23 billion
12PETRONAS CHEMICALS GROUP$7.02 billion
13RHB BANK$6.45 billion
14SUNWAY$6.46 billion
15MAXIS$6.2 billion
16TELEKOM MALAYSIA$5.84 billion
17GAMUDA$5.69 billion
18IOI CORPORATION$5.23 billion
19YTL CORPORATION$5.01 billion
20KUALA LUMPUR KEPONG$5.08 billion
21NESTLÉ (MALAYSIA)$4.78 billion
22HONG LEONG FINANCIAL GROUP$4.66 billion
23AXIATA GROUP$4.28 billion
24AMMB HOLDINGS$4.33 billion
25PETRONAS DAGANGAN$4.28 billion
26MALAYSIA AIRPORTS HOLDINGS$4.09 billion
2799 SPEED MART RETAIL HOLDINGS$3.97 billion
28QL RESOURCES$3.82 billion
29PPB GROUP$3.58 billion
30WESTPORTS HOLDINGS$3.51 billion

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Harris Williams, Ph.D.
Harris Williams, PhD in Leadership and Media Governance, is the Associate News Editor at CEOWORLD Magazine, where he leads coverage of global financial trends, corporate leadership, and strategic communications. With over 15 years of experience in corporate finance, investor relations, and business journalism, Harris brings deep industry insight to every editorial decision.

Prior to joining CEOWORLD, he held leadership roles in finance media and worked as a senior advisor to multinational firms on financial messaging and crisis communications. His editorial style is grounded in data but shaped by narrative, delivering content that supports executives in making informed and strategic decisions. At CEOWORLD, he manages a team that produces feature stories, market outlooks, and brand reputation analysis for a global C-suite audience.

Harris holds a degree in Finance and an MBA in Strategic Management. He’s a frequent guest on business podcasts and contributes to thought leadership forums on corporate responsibility, investor engagement, and media transparency. With a passion for clarity and credibility in financial storytelling, Harris ensures that CEOWORLD’s readers have access to timely, accurate, and actionable business intelligence—bridging the gap between raw data and executive strategy.

Email Harris Williams at harris@ceoworld.biz