Thursday, January 29, 2015

10 Malaysian firms that made Forbes best under a billion


Forbes highlighted Asia-Pacific companies which are consistent performers and make under US$1 billion in sales last year. A simple analysis of these firms, according to sector:
  • Property development : KSL, Matrix Concept, Land & General, Tambun Indah Land, Sentoria
  • Construction/Infrastructure/Utilities : George Kent.
  • Oil & Gas : Dayang Enterprise
  • Telco: Time dotCom.
  • Insurance: Tune Ins.
  • Technology: Inari Amerton, Willowglen.
  • Engineering : Boilermech.
  • Education / Govt Training/ Software : Prestariang.
As we can see, Malaysian property developers  targeting middle-class home ownership (below RM 1 million) book the most sales in 2014. KSL is a big property player in Johor, while Matrix Concept is another property developer based in Negeri Sembilan. In terms of market capitalization, Dayang Enterprise is the most valuable in the list worth over USD 1.5 billion, with RM 4.2bil order book enough to last them until 2018.



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