Petronas beats Genting to best company title in FEER survey

PETROLIAM Nasional Bhd (Petronas) has been voted Malaysia's top company for overall leadership for the first time, overtaking nine-year winner Genting Bhd in the Far Eastern Economic Review's annual company survey, the Review 200: Asia's Leading Companies

In a joint statement yesterday, Dow Jones & Company and sponsors DHL said Public Bank Bhd and Maxis Communications Bhd had retained their second and third rankings respectively. 

Last year's winner Genting slipped to fourth place for overall leadership but still placed first for “financial soundness” in the individual leadership categories. 

Maxis also performed well in the individual leadership categories, securing three out of five – for “high quality services/products”, “innovative in responding to customer needs”, and “a company that others try to emulate”. 

In overall leadership, Malayan Banking Bhd took fifth place, followed by YTL Corp Bhd, YTL Power International Bhd, Hong Leong Group, IOI Group and Astro All Asia Networks plc. 

The survey, now in its 11th year, was conducted by ACNielsen International Research (Hong Kong) and included more than 150 multinational corporations, which were chosen based on their market capitalisation and the strength of their presence in the region. – Bernama  

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