Sime Darby dethroned


PETALING JAYA: Sime Darby Bhd has been dethroned as the largest company on the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) and now occupies third place after having shed close to RM5.89bil in market capitalisation over the last one month.

Instead, Malayan Banking Bhd (Maybank) now reigns as the largest company on Bursa Malaysia with a market cap of RM50.54bil as at May 27.

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