File picture shows Press Metal aluminium smelting plant in Mukah
KUALA LUMPUR: Malaysia ranks seventh globally in terms of the number of family-owned businesses and 11th in Asia-Pacific ex-Japan in terms of average market capitalisation at US$3.8bil, according to Credit Suisse Research Institute (CSRI).
“Malaysia’s Press Metal
is among the Top 50 family-owned companies globally with a market capitalisation of above US$2bil in terms of average revenue growth since 2014,” CSRI said in a report.
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