Bursa Malaysia is one of the most active stock exchange in Southeast Asia. It is also the second largest stock exchange, behind only the Singapore Exchange. Yet, not much is known about the top 10 largest companies on the exchange.
Today, we will take a look at the top 5. You can read part 1 here.
- Sime Darby Berhad
Sime Darby Berhad (SIME:MK) is the largest publicly traded conglomerate in Malaysia. The company is involved in the plantation, industrial equipment, motors, property, energy and utilities, and other businesses worldwide. Its plantation segment is mainly in the palm oil and rubber industry, operating throughout the value chain of both industries from planting of oil palm trees to the distribution of consumer products such as cooking oil. The company is also involved in the property market, being one of the largest property developers in the country. Sime Darby is also in the industrial segment, mainly in the distribution of heavy equipment and vehicles globally. The company also has a motors arm which manufactures and distributes motor vehicles. Sime Darby still has a handful of other small businesses within its group. The company has a market capitalisation of RM55.5 billion in the market today and provide shareholders with a dividend yield of 4%.
- Axiata Group Berhad
Axiata Group Berhad (AXIATA:MK) is a regional telecommunication company. The company has approximately 250 million mobile subscribers in Asia. It operates primarily under the brands of Celcom in Malaysia, XL in Indonesia, Dialog in Sri Lanka, Robi in Bangladesh, Smart in Cambodia, Idea in India, and M1 in Singapore. The company has a market capitalisation of about RM60 billion and is still actively pursuing its corporate goal of “Advancing Asia”.
- Public Bank Berhad
Public Bank Berhad (PBK:MK) is the third largest bank in Malaysia by asset-base. The company provides traditional banking services. The company has also expanded to Hong Kong, China, Cambodia, Vietnam, Lao and Sri Lanka. Currently, the company has a market capitalisation of RM68.8 billion and is perceived by many to be a very well-run and conservative bank.
- Tenaga Nasional Berhad
The national electricity distributor in Malaysia, Tenaga Nasional Berhad (TNB:MK), holds a monopoly over the distribution of electricity in Peninsular Malaysia. The company is involved in the generation, transmission, distribution, and sale of electricity in Malaysia. The company operates six thermal stations and three hydroelectric schemes, as well as manages and operates the National Grid. The company has a market capitalisation of RM78 billion and a dividend yield of 2.1% for its shareholders.
- Malayan Banking Berhad
Malayan Banking Berhad (MAY:MK) is the largest banking group in Malaysia by asset size. The company offers traditional and Islamic banking services throughout the region. It has a market capitalisation of RM83.7 billion and has been generating about 15% return on equity for its shareholders for the past 6 years.Join us on Facebook for more exciting updates and discussion about value investing. Submit your email address for important market updates and FREE case studies!We will only provide you with information relevant to value investing. You can unsubscribe at any time. Your contact details will be safeguarded. The information provided is for general information purposes only and is not intended to be any investment or financial advice. All views and opinions articulated in the article were expressed in Stanley Lim’s personal capacity and does not in any way represent those of his employer and other related entities. Stanley Lim does not own any companies mentioned above