Maybank, Top Glove, Public Bank are Malaysia’s biggest companies | Malay Mail

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KUALA LUMPUR, July 24 — A tiger with money. Glove. Mutual fund.  Those are what Maybank, TopGlove and Public Bank are closely associated with, being Malaysia’s biggest companies in terms of market capitalisation as of today.  Maybank, the country’s biggest...

Maybank Tower, the headquarters of Maybank is seen in Kuala Lumpur in this April 5, 2013. — Reuters file picThose are what Maybank, TopGlove and Public Bank are closely associated with, being Malaysia’s biggest companies in terms of market capitalisation as of today.

However, the “arrival” of Covid-19 pandemic has shaken things up. TopGlove, once at the bottom rung of the FTSE Bursa Malaysia KLCI , has now unseated Public Bank to become the second biggest market-capitalisation company in Bursa Malaysia. This is despite the US Customs placing the company’s subsidiaries, Top Glove Sdn Bhd and TG Medical Sdn Bhd on its Withhold Release Order list.

 

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