Have you ever wondered or sought for the top 10 biggest brands in Malaysia? In this article, Top Most 10 outlines the top 10 biggest brands in Malaysia.
Here are the top 10 biggest brands in Malaysia
Petronas, short for petroliam nasional berhad (malaysian national petroleum company, limited), is a Malaysian oil and gas company that was founded on 17 august 1974. Wholly owned by the government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Petronas is ranked among fortune global 500’s largest corporations in the world. Fortune ranks Petronas as the 75th largest company in the world. Fortune also ranks Petronas as the 12th most profitable company in the world and the most profitable in Asia.
2. GENTING HIGHLANDS
Genting highlands, otherwise known as Resorts World Genting, is a hill resort located in Bentong, Pahang, Malaysia developed by Genting Group.
The hill resort is at an average elevation of 1,740m (5,710 ft) within the Titiwangsa mountains on the border between the states of Pahang and Selangor of Malaysia. Resorts World Genting is operated by Genting Malaysia Berhad (formerly known as resorts world BHD), which also operates Awana chain of resorts & hotels. It is accessible by car from Kuala Lumpur in one hour, or also accessible by a cable car called Genting skyway (3.38 kilometres (2.10 mi)) which at its opening was the world’s fastest and south east Asia’s longest gondola lift.
The comprehensive indoor and outdoor theme-park was promoted as the destination for “fun at the peak”. The entire resort was subsequently billed; “the city of entertainment”. Resorts World Genting is the only legal land-based casino, Casino de Genting, in the country and is owned by Genting Malaysia Berhad, a subsidiary of Genting group.
Malayan Banking Berhad is a malaysian universal bank, with key operating “home markets” of Malaysia, Singapore and Indonesia.
Maybank is Malaysia’s largest bank by market Capitalisation and total assets and one of the largest banks in Southeast Asia, with total assets exceeding us$165 billion and having a net profit of us$2.75 billion. Maybank is also ranked 95th in the banker’s top 1000 world banks and is ranked 362 in the Forbes global 2000 leading companies (as at June 2016). Maybank’s Islamic banking arm, Maybank Islamic, is ranked as the top Islamic bank in Asia pacific and fifth in the world in terms of assets
4. YTL CORPORATION
YTL Corporation Berhad is a Malaysian infrastructure conglomerate, founded in 1955 by Yeoh Tiong lay, after whom the group is named. The company has grown from a small construction firm into an international utilities company which derives over 70 percent of its revenue from outside its home country.
5. CIMB GROUP
Cimb has a wide retail branch network with 1,080 branches across the region. The group operates under several entities, which include Cimb investment bank, Cimb Bank, Cimb Islamic, Cimb Niaga, Cimb securities international and Cimb thai. The group’s business activities are primarily in the areas of consumer banking, wholesale banking, comprising investment banking and corporate banking, treasury & markets, and group strategy & strategic investments, with its core markets being Malaysia, Indonesia, Singapore and Thailand. Cimb Islamic operates in parallel with these businesses, in line with the group’s dual banking model.
6. SIME DARBY
Sime Darby is a major Malaysia-based multinational conglomerate involved in 5 core sectors: Plantations, Property, Industrial, Motors and Logistics. Sime Darby is listed on the main board of Bursa Malaysia securities Berhad. It has vested interests and close relationships with the Malaysian government. It has assisted the Malaysian government by buying the management of the Sarawak Land Development Board (SLDB) (made loss in 1987). Sime Darby turned the financial situation and sold it to government owned Sarawak Plantation Services.
7. TENAGA NASIONAL
Tenaga Nasional IS the only electric utility company in peninsular Malaysia and also the largest publicly-listed power company in Southeast Asia with myr 99.03 billion worth of assets. It serves over 8.4 million customers throughout Peninsular Malaysia and the eastern state of Sabah through Sabah Electricity. Tnb’s core activities are in the generation, transmission and distribution of electricity. Other activities include repairing, testing and maintaining power plants, providing engineering, procurement and construction services for power plants related products, assembling and manufacturing high voltage switchgears, coal mining and trading. Operations are carried out Malaysia, Mauritius, Pakistan, India and Indonesia.
8. TELEKOM MALAYSIA
Telekom Malaysia is Malaysia’s leading telecommunications company, with a history dating back to 1946. Beginning as the national Telco for fixed line, radio and television broadcasting services, it has evolved to become the largest broadband services provider in addition to offerings in data, fixed line, pay television and network services. The company sees itself as transforming the way Malaysians connect, communicate and collaborate, with a strong emphasis on innovation. Most recently this has seen tm venture into the long term evolution (LTE) space with the launch of TMGO, its first 4g offering. With a total of 2.23 million broadband subscribers, TM’s Unifi is Malaysia’s first high-speed broadband service and is one of TM’s recent success stories. Unifi’s rollout, in 24months, has been acknowledged as one of the fastest and lowest cost in the world. Given the rate at which Malaysians are adopting digital technology, tm represents one of the largest government-linked companies in the country, with more than 28,000 employees and a market Capitalization of more than RM25 Billion.
9. PUBLIC BANK
Public bank is a bank based in Kuala Lumpur, Malaysia offering financial services in Malaysia as well as the Asia-pacific region. The bank was founded in 1966 by Teh Hong Piow, the then General Manager of Malayan Banking. The bank was listed on the Malaysian stock exchange in 1967.
Public bank is currently one of the largest banks in Southeast Asia, with over RM363.76 billion (us$91.26 billion) of assets and RM71.90 billion (us$18.04 billion) in market capitalization as at 2015.
Public bank is the largest bank in Malaysia by shareholders’ funds, second largest by market capitalization, just behind Maybank and third largest by total assets, behind Maybank and Cimb.
Public bank currently offers a comprehensive range of financial products and services which include Personal Banking, Commercial Banking, Islamic Banking, Investment Banking, Share Broking, Trustee Services, Nominee Services, Sale and Management of Unit Trust Funds, Bancassurance and General Insurance Products. Public Bank’s strategy is centered on growth in the retail banking business particularly on the retail consumers and small and medium enterprises
Maxis is a communications service provider in Malaysia. Headquartered in Kuala Lumpur, Malaysia, providing a variety of communication products, applications and value added services for consumers, large enterprises and small & medium business owners.
Maxis uses the dialling prefixes of “012”, “017”, “014-2” and “011-2”. The majority of the company’s stake is owned by billionaire Ananda Krishnan, and the company has about 15.6 million subscribers as of the fourth quarter of 2016