KUCHING: Dayang Enterprise Holdings Bhd (Dayang) and Cahya Mata Sarawak Bhd (CMS) have made a big leap onto Bursa Malaysia’s list of “Top 100 Companies” by market capitalisation.
The two join Bintulu Port Holdings Bhd and Sarawak Oil Palms Bhd (SOP), which have retained their position on the list. Combined, the four companies have market capitalisation of more than RM2.3bil based on their market prices as at Jan 3 this year.
Sibu-based timber and plantation firm Jaya Tiasa Holdings Bhd, which was ranked 98th with market capitalisation of RM1.996bil a year ago, had dropped out of the list despite raising its market capitalisation to RM2.07bil.
Bintulu Port placed 80th from 81th previously with its market capitalisation upped by RM610mil to RM3.45bil from RM2.84bil in Jan 4 last year.
The Sarawak government had tasked Bintulu Port with the undertaking of the Samalaju Port project to cater for energy-intensive industries in Samalaju Industrial Park.
Dayang, which was among the top performers last year, was ranked 84th on the list with its market capitalisation ballooned to over RM3.11bil based on share price of RM5.66.
On a 12-month period, the market value of the Miri-based integrated service provider to the oil and gas industry had gained a whopping RM1.76bil from RM1.35bil.