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Forbes Top #6 Malaysian US$1 Billion Companies.

Forbes Top #6 Malaysian US$1 Billion Companies.
Aug 30, 2019
5:50 am

by Mitchell W.

You know you've made it big when you've made it into Forbes, famed for listing influential figures in the corporate and real world.

Now Forbes Asia had just released a new list, 'Best Over A Billion' -- where companies have generated revenues of at least US$1 BILLION (RM4.2 Billion)!

I'm sure you guys wanna know where to apply for a job now right?

Here we go:

1. Public Bank

VALUE: US$5.053 Billion in sales

The 3rd largest bank in Malaysia has had a formidable presence in the Southeast Asian market since its establishment in 1966, as a ‘bank for the public’.

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2. Batu Kawan Berhad

VALUE: US$4.667 Billion in sales

What started as a plantation company in 1965 has now grown into a mammoth investment holding company with assets in manufacturing, transportation and property.

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3. KLK Berhad

VALUE: US$4.564 Billion in sales

From a London for Malayan rubber and coffee plantations that started in 1906, it grew to become one of the largest plantation companies in Malaysia, focusing on palm oil and rubber -- as well as being involved in chemical manufacturing and property, when it moved its head office to KL.

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4. IHH Healthcare

VALUE: US$2.854 Billion in sales

This is the healthcare company that owns the Gleneagles, Pantai and Amanjaya hospitals in Malaysia, and also present in 12 countries with 83 hospitals under its wing.

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5. Press Metal Aluminium Holdings

VALUE: US$2.273 Billion in sales

In 1986, Press Metal Berhad started as a humble aluminium extrusion company that expanded to become the largest aluminium producer in South East Asia.

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6. Hap Seng Consolidated

VALUE: US$1.548 Billion in sales

Originated from Tawau in 1946, Hap Seng Co focused on timber. When it developed into Hap Seng Group in 1976, it diversified into a behemoth of plantations, property development and investment, credit financing, automotive, fertilizers trading and building materials.

Mercedes lovers would also recognise Hap Seng Star – the famous Mercedes-Benz dealership in Malaysia; and the long-established property developer in Sabah, Hap Seng Land.

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Though Singapore beat us with 9 companies on the list, and Indonesia with 11, you've gotta be proud of what Malaysia has established.

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