13 Malaysian companies on Forbes 2018 Global 2000 list
07 Jun 2018
Thirteen Malaysian companies, led by Malayan Banking Bhd (Maybank), have made it into the Forbes 2018 Global 2000 list, which ranks the biggest, most powerful and most valuable companies in the world.
Criteria for the ranking include sales, profits, assets and market value.
The list of 2,000 companies, which was released today, include Maybank (394), Tenaga Nasional Bhd (503), CIMB Group Holdings Bhd (620), Public Bank Bhd (646), Petronas Chemicals Group Bhd (1,268), RHB Bank Bhd (1,448), Axiata Group Bhd (1,508), Sime Darby Bhd (1,535), Hong Leong Financial Group Bhd (1,568), Sime Darby Plantation Bhd (1,624), Maxis Bhd (1,779), Genting Bhd (1,811) and AMMB Holdings Bhd (1,911).
Forbes said Chinese companies extended their streak at the top of the Global 2000 list.
Industrial & Commercial Bank of China is ranked No. 1 for the sixth consecutive year. China Construction Bank remains in the No. 2 spot.
Source: The Edge Markets