Sixteen M'sian firms on Forbes ranking of world's biggest public companies

KUALA LUMPUR: Sixteen Malaysian firms made it to Forbes’ latest annual Global 2000 ranking of the world’s biggest, most powerful and most valuable public companies.

They are Malayan Banking Bhd (ranked 371), Tenaga Nasional (408), CIMB Group (574), Public Bank (578), Sime Darby (709), Axiata Group (932), Genting (1122), RHB Capital (1185), Hong Leong Financial Group (1287), MISC (1318), AmBank Group (1331), Petronas Chemicals (1339), Maxis (1441), Petronas Gas (1485), IOI Group (1559) and YTL (1589).

Criteria for the ranking include sales, profits, assets and market value.

Sixty-eight companies from South-East Asia are on the Forbes list, with Singaporean firms accounting for 20.

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