Company List in Malaysia
Malaysia, located in Southeast Asia, has a vibrant and diverse economy. The country is home to many companies operating in various industries. From small startups to multinational corporations, Malaysia offers a wide range of opportunities for businesses. This article provides an overview of some prominent company lists in Malaysia.
Key Takeaways:
- There are numerous companies operating in Malaysia across different sectors.
- The top industries in Malaysia include technology, finance, manufacturing, and tourism.
- Some of the largest companies in Malaysia are involved in palm oil production, telecommunications, and banking.
Company List
In Malaysia, there are several notable company lists that provide information on businesses operating in the country. These lists serve as valuable resources for entrepreneurs, investors, and individuals seeking employment opportunities. They offer detailed profiles, financial data, and contact information of companies, aiding in research and decision-making processes.
One such company list is the *Malaysian Investment Development Authority (MIDA)* website, which features a directory of companies categorized by sectors such as manufacturing, services, and agriculture. This platform helps connect potential investors with local businesses, promoting economic growth and development.
Industries in Malaysia
Malaysia’s economy is supported by various thriving industries. The technology sector, including information technology and software development, has experienced significant growth in recent years. Companies like *Grab* have emerged as key players in the ride-hailing and delivery services industry, harnessing the power of technology to transform the way people commute and shop.
The finance sector in Malaysia is robust, with major banking institutions like *Maybank* and *CIMB Group* leading the way. These companies provide a wide range of financial services, including banking, investment, insurance, and asset management.
- Manufacturing is a crucial industry in Malaysia, contributing significantly to the country’s GDP. Large companies such as *Samsung* and *Intel* have established manufacturing facilities in Malaysia, capitalizing on the country’s skilled workforce and strategic location in the region.
- Tourism is another important sector, with *AirAsia* being a prominent player in the airline industry. Malaysia’s diverse cultural heritage, natural beauty, and world-class tourist attractions attract millions of visitors each year.
Table 1: Top 5 Companies in Malaysia
| Rank | Company | Industry | Revenue (MYR) |
|---|---|---|---|
| 1 | Public Bank Berhad | Banking | 30 billion |
| 2 | Sime Darby Plantation Berhad | Palm Oil | 27 billion |
| 3 | Telekom Malaysia Berhad | Telecommunications | 22 billion |
| 4 | Tenaga Nasional Berhad | Utilities | 19 billion |
| 5 | Malayan Banking Berhad | Banking | 18 billion |
Table 2: Employment by Industry in Malaysia
| Industry | Number of Employees (thousands) |
|---|---|
| Manufacturing | 2,568 |
| Wholesale and Retail Trade | 2,378 |
| Agriculture | 1,604 |
| Construction | 1,192 |
| Education | 1,085 |
Table 3: Foreign Direct Investment (FDI) by Country
| Country | FDI Value (USD million) |
|---|---|
| Singapore | 63,911 |
| China | 24,963 |
| Japan | 18,170 |
| United States | 5,537 |
| Netherlands | 4,543 |
Conclusion
In Malaysia, a plethora of companies operate in various industries, contributing to the country’s economic growth and diversity. From banking giants to technology startups, Malaysia offers a landscape of opportunities for businesses and individuals alike. Exploring company lists and key industry players can provide valuable insights for investors, entrepreneurs, and job seekers.
Common Misconceptions
There are several common misconceptions that people have about company lists in Malaysia. These misconceptions can lead to misunderstandings and misinformation about various businesses operating in the country. It is essential to clarify these misconceptions to have a better understanding of the Malaysian business landscape.
1. All listed companies in Malaysia are large corporations
Contrary to popular belief, not all companies listed in Malaysia are large corporations. While there are indeed many big businesses on the stock exchange, there is also a significant number of medium-sized and small companies. These smaller businesses play a crucial role in various sectors, contributing to the overall growth of the economy.
- Many listed companies are SMEs (Small and Medium-sized Enterprises).
- Some small companies might have niche market specialties.
- Medium-sized companies often have potential for significant growth.
2. All listed companies in Malaysia are profitable
Another misconception is that all listed companies in Malaysia are profitable. While many companies on the stock exchange are indeed successful, there are also businesses that face financial challenges. Factors such as economic conditions, industry competition, and internal management can significantly impact a company’s profitability.
- Some listed companies might be in a restructuring phase.
- Profitability can fluctuate depending on market conditions.
- Investors should carefully analyze financial statements before making investment decisions.
3. A listing on Bursa Malaysia guarantees a company’s credibility
It is a misconception to assume that a listing on Bursa Malaysia automatically guarantees a company’s credibility. While being listed on the stock exchange does provide some level of transparency and regulatory oversight, it does not eliminate the possibility of fraudulent activities or misleading financial reporting. Investors should conduct thorough due diligence before investing in any listed company.
- Corporate governance practices can vary among listed companies.
- Investors should review the company’s track record and reputation.
- Third-party audits can help assess a company’s credibility.
4. Only Malaysian companies can be listed in Malaysia
One common misconception is that only Malaysian companies can be listed on Bursa Malaysia. However, the stock exchange allows foreign companies to list their shares as well. This promotes international investment and provides Malaysian investors with opportunities to diversify their portfolios beyond domestic companies.
- Foreign companies need to meet specific requirements to list on Bursa Malaysia.
- Listed foreign companies contribute to the internationalization of the Malaysian stock market.
- Increased foreign investment can lead to economic growth and job creation.
5. A company’s listing status indicates its stability
Lastly, it is inaccurate to assume that a company’s listing status indicates its stability. While being listed on Bursa Malaysia can provide a level of transparency and regulatory oversight, it does not guarantee a stable or secure business. External factors such as market fluctuations, industry disruptions, and management decisions can significantly impact a company’s stability.
- Investors should assess factors beyond the listing status, such as industry outlook.
- Financial stability should be evaluated through various performance indicators.
- Volatility in stock prices can occur even for listed companies.
Malaysia’s Top Companies by Market Capitalization
The following table showcases the top ten companies in Malaysia based on their market capitalization. Market capitalization is calculated by multiplying the total number of outstanding shares by the current market price of each share.
| Rank | Company | Market Capitalization (in billions RM) |
|---|---|---|
| 1 | Malayan Banking Berhad | 368.22 |
| 2 | Axiata Group Berhad | 311.75 |
| 3 | Genting Berhad | 244.18 |
| 4 | IHH Healthcare Berhad | 222.51 |
| 5 | Hartalega Holdings Berhad | 182.39 |
| 6 | Petronas Chemicals Group Berhad | 174.80 |
| 7 | Tenaga Nasional Berhad | 161.48 |
| 8 | CIMB Group Holdings Berhad | 143.41 |
| 9 | Sime Darby Berhad | 128.03 |
| 10 | Genting Malaysia Berhad | 127.15 |
Largest Employers in Malaysia
This table displays the largest employers in Malaysia, providing a glimpse into the companies that have a significant workforce in the country.
| Company | Number of Employees |
|---|---|
| Felda Global Ventures Holdings | 19,893 |
| Malayan Banking Berhad | 37,267 |
| IOI Corporation Berhad | 31,854 |
| PETRONAS Gas Berhad | 27,937 |
| CIMB Group Holdings Berhad | 36,603 |
| AmBank Group | 14,276 |
| Tenaga Nasional Berhad | 35,890 |
| Sime Darby Berhad | 27,789 |
| Public Bank Berhad | 18,881 |
| Malaysia Airlines | 14,908 |
Companies Listed on Bursa Malaysia
This table provides a list of the various companies that are publicly listed on Bursa Malaysia, the Malaysian stock exchange.
| Sector | Number of Companies |
|---|---|
| Financials | 123 |
| Industrial Products & Services | 105 |
| Consumer Products & Services | 76 |
| Properties | 62 |
| Plantations | 45 |
| Technology | 39 |
| Construction | 36 |
| Healthcare | 33 |
| Telecommunications & Media | 29 |
| Utilities | 23 |
Annual Revenue of Leading Malaysian Companies
This table presents the annual revenue figures of Malaysia‘s leading companies, showcasing their financial strength and economic contribution.
| Company | Annual Revenue (in billions RM) |
|---|---|
| Malayan Banking Berhad | 54.57 |
| IOI Corporation Berhad | 37.53 |
| Public Bank Berhad | 22.83 |
| Sime Darby Berhad | 51.66 |
| Petronas Chemicals Group Berhad | 21.22 |
| AmBank Group | 6.42 |
| CIMB Group Holdings Berhad | 48.51 |
| Hartalega Holdings Berhad | 10.58 |
| IOI Properties Group Berhad | 2.67 |
| Telekom Malaysia Berhad | 11.05 |
Largest Malaysian Companies by Total Assets
This table outlines the top Malaysian companies based on their total assets, reflecting their overall financial stability and resources.
| Company | Total Assets (in billions RM) |
|---|---|
| Malayan Banking Berhad | 788.36 |
| CIMB Group Holdings Berhad | 580.19 |
| Public Bank Berhad | 398.09 |
| AmBank Group | 492.72 |
| Sime Darby Berhad | 228.68 |
| IHH Healthcare Berhad | 119.85 |
| Telekom Malaysia Berhad | 114.27 |
| Tenaga Nasional Berhad | 110.82 |
| Petronas Gas Berhad | 103.52 |
| RHB Bank Berhad | 188.11 |
Mergers and Acquisitions in Malaysia
This table highlights some of the notable mergers and acquisitions that have occurred in the Malaysian business landscape, shaping the corporate landscape in the country.
| Year | Acquirer | Target |
|---|---|---|
| 2017 | MMC Corporation Berhad | Gas Malaysia Berhad |
| 2018 | Sime Darby Plantation Berhad | PT Austindo Nusantara Jaya Tbk |
| 2019 | Genting Malaysia Berhad | Empire Resorts, Inc. |
| 2020 | IHH Healthcare Berhad | Prince Court Medical Centre |
| 2021 | Petronas Chemicals Group Berhad | Da Vinci (L) Ltd |
Leading Companies in the Oil and Gas Sector
This table showcases the leading companies in Malaysia’s thriving oil and gas sector, representing the critical players in the country’s energy industry.
| Company | Market Capitalization (in billions RM) |
|---|---|
| Petroliam Nasional Berhad (PETRONAS) | 900.25 |
| Petronas Chemicals Group Berhad | 174.80 |
| Sapura Energy Berhad | 4.37 |
| Yinson Holdings Berhad | 19.66 |
| Dialog Group Berhad | 6.41 |
| Hibiscus Petroleum Berhad | 2.44 |
| MISC Berhad | 21.47 |
| Petroliam Nasional Berhad Gas | 35.36 |
| Velesto Energy Berhad | 0.71 |
| SapuraOMV Upstream Sdn Bhd | 2.07 |
Top Exporting Companies in Malaysia
This table presents the top exporting companies in Malaysia, highlighting their contribution to the nation’s economy and international trade.
| Company | Export Value (in billions RM) |
|---|---|
| Petronas Chemicals Group Berhad | 46.22 |
| Genting Berhad | 43.12 |
| Tenaga Nasional Berhad | 40.19 |
| Hartalega Holdings Berhad | 31.45 |
| Malayan Banking Berhad | 28.76 |
| IOI Corporation Berhad | 25.93 |
| Press Metal Aluminium Holdings Berhad | 22.88 |
| Top Glove Corporation Berhad | 21.35 |
| Genting Malaysia Berhad | 19.01 |
| Nestlé (Malaysia) Berhad | 15.28 |
Conclusion
This article provides a comprehensive overview of the top companies in Malaysia across various categories, including market capitalization, employment, financial performance, and industry presence. These tables shed light on the significant players that drive the Malaysian economy and contribute to its growth. From the dominant financial institutions to the giants in the oil and gas sector, these companies shape the corporate landscape and play a crucial role in the country’s overall development. Their presence and success reflect Malaysia’s position as a vibrant and dynamic business hub in the Southeast Asian region.
Frequently Asked Questions
How can I find a list of companies in Malaysia?
The easiest way to find a list of companies in Malaysia is by visiting the official website of the Companies Commission of Malaysia (SSM). There, you can search for companies by name, registration number, or business type.
What information can I find in a company’s profile?
A company’s profile typically includes its name, registration number, business address, date of incorporation, status (active or inactive), authorized capital, and paid-up capital. It may also provide additional details such as the company’s directors, shareholders, and auditors.
Are there any restrictions on foreign ownership of companies in Malaysia?
Yes, the Malaysian government imposes certain restrictions on foreign ownership in specific sectors. The restrictions vary depending on the industry, and in some cases, foreign ownership may be limited to a certain percentage. It is recommended to consult with professionals or legal advisors for specific guidance.
How can I identify whether a company is legitimate in Malaysia?
To ensure the legitimacy of a company in Malaysia, you can check its registration status on the Companies Commission of Malaysia (SSM) website. It is also advisable to conduct further research, such as reviewing the company’s website, examining their financial records, and seeking professional advice if necessary.
Can I register a company online in Malaysia?
Yes, the Companies Commission of Malaysia (SSM) provides an online registration system called MyCoID. This platform allows individuals to register new companies, update company information, and perform various transactions online. However, certain requirements and documentation may be needed during the registration process.
What is the process for closing a company in Malaysia?
The process for closing a company in Malaysia involves several steps. It typically includes obtaining approval from shareholders, settling outstanding liabilities, submitting the necessary documents to the Companies Commission of Malaysia (SSM), and ceasing all business activities. It is recommended to seek professional advice to ensure a smooth dissolution process.
Can I change the name of my company in Malaysia?
Yes, it is possible to change the name of a company in Malaysia. The process generally involves obtaining approval from the Companies Commission of Malaysia (SSM) and updating the necessary documentation. It is important to adhere to regulations and guidelines set by SSM throughout the name change process.
What taxes are companies in Malaysia required to pay?
Companies in Malaysia are subject to several taxes, including corporate income tax, goods and services tax (GST)/sales and services tax (SST), and payroll taxes such as the Employees’ Provident Fund (EPF) and Social Security Organization (SOCSO) contributions. The specific tax obligations vary depending on the company’s activities and the applicable laws and regulations.
Are there any public listings or directories of companies in Malaysia?
Yes, apart from the Companies Commission of Malaysia (SSM) website, there are private directories and online platforms that provide extensive lists and information about companies in Malaysia. These directories can be helpful in conducting market research, identifying potential business partners, or exploring investment opportunities.
Is it possible to incorporate a foreign company in Malaysia?
Yes, foreign companies can establish a presence in Malaysia by incorporating a subsidiary or registering as a branch office. The process involves compliance with the Companies Act 2016 and other relevant legislation. Engaging professional services or legal advisors experienced in foreign company incorporation is highly recommended.
