今年是《财富》第二次发布东南亚500强榜单,这份按营收排名的该地区规模最大公司年度榜单展现了一个蓄势待发的区域景象:东南亚地区正准备利用全球供应链变革以及采矿、电动汽车和人工智能等蓬勃发展的产业带来的机遇——尽管美国的关税政策可能会使去年的部分增长成果出现倒退。
去年首届《财富》东南亚500强榜单中的七个国家——印度尼西亚、泰国、马来西亚、新加坡、越南、菲律宾和柬埔寨——于今年再度上榜,并持续对该地区的经济产生深远影响。上榜企业的去年总营收达1.82万亿美元,较上年增长1.7%。这一涨幅滞后于榜单覆盖的上述七个经济体所报告的4.1%的GDP增长率。
作为东南亚地区面积最大、经济体量最大的国家,印度尼西亚在东南亚500强中的上榜公司最多(109家);泰国以100家上榜企业位列第二。然而,若按营收衡量,小小的城邦国家新加坡则拔得头筹。总部位于新加坡的公司去年创造了6,371亿美元的营收,略高于该地区总营收的三分之一。
在营收规模上,今年榜单前五名的公司均足以入选去年的《财富》世界500强。这五家公司均经营大宗商品业务,包括金属行业的托克集团(Trafigura)、石油行业的泰国国家石油公司(PTT)和印尼国家石油公司(Pertamina),以及农产品行业的丰益国际(Wilmar)和奥兰集团(Olam)。
印尼国家电力公司(Perusahaan Listrik Negara,PLN)在该榜单中排名第六,这一排位突显了该榜单的另一个特点:能源(无论是资源开采、发电还是电力输送)是东南亚500强的主导行业,创造了近三分之一的地区总营收。泰国能源公司Bangchak营收飙升47%,跻身今年榜单前20名。
《财富》东南亚500强中,最赚钱的三家公司是新加坡的“三大银行”:星展银行(DBS)、华侨银行(OCBC)和大华银行(UOB)。其中,最年轻的星展银行以85亿美元的利润在三者中居首。
尽管数字经济被预测将蓬勃发展,但科技公司在《财富》东南亚500强中占比较小。榜单前20名仅有一家科技公司——电商和游戏公司Sea。科技领域下一家上榜的互联网公司是网约车平台Grab,位列第128位,相比去年的排名攀升了超过20个位次。
但东南亚无法避开最新的科技趋势。榜单上营收增幅最大的公司是马来西亚代工厂NationGate控股(排名第243位),其销售额在过去一年惊人地增长了723%,突破10亿美元。NationGate的故事与AI息息相关:随着马来西亚及东南亚地区试图通过数据中心和新的AI初创企业搭上AI技术快车,NationGate等公司作为英伟达(Nvidia)在该地区组装AI服务器的唯一代工厂将坐享红利。
东南亚500强企业正日益在全球供应链中扮演重要角色——承接从中国转移的制造业产能,这不仅吸引了巨额资本流入,还重塑着全球贸易格局。
以下是本榜单的前十名。
排名 公司名称
1 托克集团(Trafigura Group)
2 泰国国家石油有限公司(PTT)
3 印尼国家石油公司(Pertamina)
4 丰益国际公司(Wilmar International)
5 奥兰集团(Olam Group)
6 印尼国家电力公司(Perusahaan Listrik Negara)
7 星展集团(DBS Group Holdings)
8 CP All
9 生力集团(San Miguel)
10 伟创力(Flex)(财富中文网)
《财富》东南亚500强榜单依据营收规模来衡量地区最大企业,覆盖七个经济体:印度尼西亚、泰国、马来西亚、柬埔寨、越南、菲律宾和新加坡。
作为东南亚地区国内生产总值与人口规模均居首位的经济体,印度尼西亚在榜单中占比最大,109家企业占总排名的五分之一以上。泰国作为该地区第二大经济体,以100家企业位列第二。
新加坡作为该地区人均国内生产总值最高的经济体,企业数量排名处于中游,有81家公司跻身东南亚500强。
不过,若以营收来衡量,这个拥有六百万人口的城市国家却大幅领先东盟邻国。
新加坡上榜企业的总营收达6370亿美元,约占榜单1.8万亿美元总营收的三分之一。
是什么因素推动新加坡在营收排名中实现攀升?
新加坡“三大银行”——星展银行(DBS)、华侨银行(OCBC)和大华银行(UOB)或许是这个城市国家最知名的企业,也是东南亚500强中利润最高的公司。
不过,它们并非榜单上规模最大的新加坡企业。
位居榜首的是托克集团(Trafigura Group),这家大宗商品集团涉足金属、矿产、石油和天然气业务,2024年营收高达2432亿美元,远超榜单上其他所有企业,营收规模几乎是新加坡营收排名第二企业的四倍。
位列第四和第五的丰益国际(Wilmar)与奥兰集团(Olam)均为农业综合企业,深度参与黄油、坚果、谷物和食用油等消费品供应链,2024年营收分别达674亿美元、420亿美元。
新加坡凭借其区域枢纽核心地位,成为企业拓展东南亚业务,尤其是向邻国马来西亚和印尼拓展业务的首选之地。
新加坡作为金融中心的地位也助推其收入份额实现增长。托克集团和伟创力(Flex,排名第十)均在新加坡注册成立,根据《财富》杂志的排名规则,它们被认定为新加坡公司——尽管这两家公司绝大多数业务运营,甚至运营总部,均设在其他国家。
序号 公司名称 营业收入
1 Trafigura Group $243,201.8
2 PTT $87,638.5
3 Pertamina $75,327
4 Wilmar International $67,379.1
5 Olam Group $42,028.2
6 Perusahaan Listrik Negara (PLN) $34,437.3
7 DBS Group Holdings $29,037.4
8 CP ALL $28,011.7
9 San Miguel $27,499.8
10 Flex $25,813
11 Petrovietnam $22,297.3
12 United Overseas Bank $20,864.3
13 Oversea-Chinese Banking $20,327.7
14 Bank Rakyat Indonesia $17,685
15 Sea $16,819.9
16 Charoen Pokphand Foods $16,468.7
17 Bangchak $16,329.7
18 Indorama Ventures $15,480.4
19 Maybank $15,077.6
20 Singapore Airlines $14,602.5
21 Siam Cement $14,495.7
22 Sime Darby $14,307.7
23 Bank Mandiri $13,048.8
24 Tenaga Nasional $12,408.3
25 SM Investments $11,429.8
26 Petrolimex $11,336.9
27 Golden Agri-Resources $10,909.7
28 Singtel $10,571.7
29 Thai Beverage $9,539.3
30 Telkom Indonesia $9,469.5
31 Kasikornbank $9,342.5
32 CIMB Group Holdings $8,457.4
33 ST Engineering $8,438.5
34 Petronas Dagangan $8,299.8
35 Manila Electric $8,210.6
36 Bank Central Asia $7,630.2
37 Vingroup $7,547.8
38 Bangkok Bank $7,541.1
39 Sumber Alfaria Trijaya $7,465.3
40 Indofood Sukses Makmur $7,311.2
41 Central Retail $6,925
42 Seatrium $6,908.1
43 Bank for Investment and Development of Vietnam (BIDV) $6,845.3
44 Petronas Chemicals Group $6,707.7
45 Agribank $6,651.9
46 YTL $6,498.4
47 Ayala $6,459.6
48 PTG Energy $6,403.6
49 SCB X $6,386.5
50 JG Summit Holdings $6,240.7
51 Gudang Garam $6,229.5
52 BDO Unibank $6,105.7
53 Genting $6,061.7
54 Advanced Info Service $6,056.4
55 VietinBank $6,054.1
56 Krungthai Bank $6,018.2
57 Public Bank $5,949.7
58 Bank Negara Indonesia (BNI) $5,942.6
59 TRUE $5,842.3
60 PSA International $5,780.2
61 GT Capital Holdings $5,612.6
62 Hoa Phat Group $5,542.6
63 Singapore Power (SP Group) $5,481.7
64 Mobile World Investment $5,362.4
65 IHH Healthcare $5,332.5
66 Adaro Andalan Indonesia $5,319.6
67 Thai Airways International $5,310
68 Aboitiz Equity Ventures $5,286.1
69 Pupuk Indonesia $5,153.5
70 Banpu $5,148.4
71 Yanlord Land Group $5,058.5
72 Batu Kawan $4,961.5
73 Keppel $4,940.2
74 Axiata Group $4,884.5
75 Berli Jucker $4,847.1
76 FGV Holdings $4,845.8
77 Sembcorp Industries $4,802.4
78 Mewah International $4,782
79 Jollibee Foods $4,712.1
80 Minor International $4,689.3
81 Vietcombank $4,655.2
82 Japfa $4,619
83 Capital A $4,445
84 Aneka Tambang $4,369.1
85 SD Guthrie $4,337
86 Vietnam Airlines $4,228.8
87 VPBank $4,173
88 Cosco Capital $4,136.3
89 Erajaya Swasembada $4,122
90 Bank of the Philippine Islands (BPI) $4,058.6
91 Thai Union Group $3,925.7
92 Alliance Global Group $3,902.5
93 SATS $3,830.1
94 Military Bank (MB Bank) $3,787.3
95 PLDT $3,785
96 Metropolitan Bank & Trust $3,611.4
97 BW LPG $3,563.7
98 DRB-Hicom $3,540.9
99 Indosat $3,528.9
100 Robinsons Retail Holdings $3,476.7
101 Bayan Resources $3,446.2
102 Gulf Energy Development $3,428.1
103 NTUC FairPrice (FairPrice Group) $3,420.5
104 Garuda Indonesia $3,416.5
105 ComfortDelGro $3,350.2
106 Techcombank $3,331.9
107 Masan Group $3,331.3
108 Press Metal Aluminium Holdings $3,260.7
109 RHB Bank $3,252
110 Sri Trang Agro-Industry $3,243.4
111 Betagro $3,239.4
112 Indah Kiat Pulp & Paper $3,195.7
113 Hong Leong Asia $3,180.2
114 Globe Telecom $3,152.3
115 Frasers Property $3,144.6
116 PAL Holdings $3,107.3
117 Thai Life Insurance $3,105.1
118 Bangkok Dusit Medical $3,102.7
119 Dian Swastatika Sentosa $3,017.8
120 Lopez Holdings $2,917.1
121 MISC $2,895
122 Fabrinet $2,883
123 Vietjet Aviation $2,875.8
124 Hafnia $2,868.6
125 International Container Terminal Services (ICTSI) $2,867.6
126 Gamuda $2,840.1
127 TMBThanachart Bank $2,820
128 Grab Holdings $2,797
129 CelcomDigi $2,773
130 Bukit Asam $2,700.3
131 Amman Mineral International $2,663.6
132 Telekom Malaysia $2,561.5
133 Yinson Holdings $2,539.4
134 HDBank $2,520.4
135 FPT $2,508.7
136 Hong Leong Financial Group $2,508.6
137 AnAn International $2,475.9
138 Vietnam Dairy Products (Vinamilk) $2,466.1
139 City Developments $2,448.1
140 Indika Energy $2,446.7
141 AKR Corporindo $2,445.5
142 Del Monte Pacific $2,427.7
143 Medco Energi Internasional $2,399.2
144 Mitra Adiperkasa $2,389.1
145 Barito Pacific $2,387
146 Siamgas & Petrochemicals $2,386.3
147 Asia Commercial Bank $2,374.7
148 Maxis $2,304.2
149 Saigon Thuong Tin Bank (Sacombank) $2,301
150 Semen Indonesia $2,284.9
151 Guan Chong $2,283.8
152 Mayora Indah $2,277.8
153 LT Group $2,251.2
154 Com7 $2,246.6
155 Merdeka Copper Gold $2,239
156 JOYY $2,237.8
157 Pelabuhan Indonesia (Pelindo) $2,199.5
158 99 Speed Mart Retail Holdings $2,183
159 Bank Tabungan Negara (BTN) $2,154.3
160 Berjaya $2,149.9
161 Saigon Hanoi Commercial Bank (SHB) $2,135
162 Mapletree Investments $2,130.3
163 Baoviet Holdings (BVH) $2,119.5
164 CapitaLand Investment $2,106.7
165 UOL Group $2,091.6
166 Alamtri Resources Indonesia $2,078.7
167 Kalbe Farma $2,060.2
168 Home Product Center $2,058.1
169 Venture $2,047.5
170 IOI $2,046.8
171 Leong Hup International $2,036
172 Changi Airport Group $2,028.2
173 Pindo Deli Pulp & Paper Mills $2,011.2
174 Italian-Thai Development $2,004
175 Malakoff $1,961.6
176 Aviasi Pariwisata Indonesia (InJourney) $1,928.4
177 Hutama Karya $1,910.2
178 China Banking $1,902
179 Airports of Thailand $1,881.6
180 Thaifoods Group $1,873.9
181 Indomobil Sukses Internasional $1,851.3
182 Unionbank $1,837.4
183 AMMB Holdings (AmBank Group) $1,829.6
184 Jasa Marga $1,812.4
185 DMCI Holdings $1,787.1
186 Filinvest Development $1,776.3
187 StarHub $1,772
188 Gas Malaysia $1,759.4
189 BUMA International Group $1,756.3
190 Sunway $1,723.9
191 Sinar Mas Multiartha $1,710.7
192 Surbana Jurong (SJ Group) $1,706.2
193 Trimegah Bangun Persada (Harita Nickel) $1,702.7
194 ASMPT $1,695.4
195 Vinacomin Northern Coal $1,667.5
196 Keppel Infrastructure Trust $1,657.1
197 Power Generation (EVNGENCO3) $1,624.2
198 Fraser and Neave $1,613.1
199 FPT Digital Retail $1,600.8
200 Metrodata Electronics $1,588
201 B.Grimm Power $1,583.9
202 Hoa Sen Group $1,582.2
203 Rizal Commercial Banking (RCBC) $1,570.9
204 Fortune Vietnam Bank (LPBank) $1,568.5
205 Central Pattana $1,527.1
206 Vietnam International Bank $1,513.4
207 Phu Nhuan Jewelry $1,509.7
208 Mobvista $1,507.8
209 Hutchison Port Holdings Trust (HPH Trust) $1,482.4
210 Monde Nissin $1,450.9
211 Vietnam Steel $1,443.2
212 QL Resources $1,433.6
213 Petronas Gas $1,429.9
214 Viettel Global Investment $1,411.7
215 Bumi Resources $1,359.7
216 Guocoland $1,349.3
217 Gelex Group $1,347.3
218 Bangkok Life Assurance $1,338.7
219 Stavian Chemical $1,330
220 Security Bank $1,322.7
221 Century Pacific Food $1,317.8
222 Tien Phong Bank (TPbank) $1,316.4
223 DigiPlus Interactive $1,313.1
224 Siam City Cement $1,307
225 Harum Energy $1,295.5
226 FKS Multi Agro $1,292.7
227 Metro Pacific Investments $1,276.3
228 IJM $1,275.6
229 Singapore Post $1,254.6
230 PTPP $1,251
231 Hap Seng Consolidated $1,231.4
232 Avarga $1,216
233 Wijaya Karya $1,215.1
234 Tasco JSC $1,206.6
235 ABM Investama $1,200.1
236 Synnex Thailand $1,188.3
237 CapitaLand Integrated Commercial Trust $1,187.2
238 TTC AgriS $1,182.4
239 Saha Pathanapibul $1,179.5
240 PPB Group $1,177.9
241 Sarawak Oil Palms $1,163.1
242 SP Setia $1,157.7
243 NationGate Holdings $1,152.7
244 Hartadinata Abadi $1,151
245 Electricity Generating $1,143.3
246 Bank Pembangunan Daerah Jawa Barat dan Banten (Bank BJB) $1,142.6
247 CapitaLand Ascendas REIT $1,139.8
248 Gajah Tunggal $1,138.4
249 Bank Pan Indonesia (Panin Bank) $1,118.3
250 Oriental Holdings $1,117.8
251 Sansiri $1,111.8
252 BRC Asia $1,105.2
253 CH Karnchang $1,099.4
254 Tunas Baru Lampung $1,099.4
255 Kiatnakin Phatra Bank (KKP) $1,091.3
256 Catur Sentosa Adiprana $1,090.9
257 Sheng Siong Group $1,069.2
258 AP Thailand $1,062.3
259 Bumitama Agri $1,056.5
260 Global Digital Niaga (Blibli) $1,055.5
261 Vietnam Rubber Group $1,047.5
262 First Resources $1,038.8
263 Bank Islam Malaysia $1,027.8
264 Mr D.I.Y. Group $1,017.3
265 TPI Polene $1,014.4
266 GoTo $1,003.6
267 Mitra Pinasthika Mustika $996.2
268 Regional Container Lines $995.2
269 Saigon General Service (SAVICO) $988.3
270 Pabrik Kertas Tjiwi Kimia $985.1
271 MobiFone $965.6
272 MNC Asia Holding $961.4
273 AFFIN Bank $960.6
274 Krakatau Steel $954.6
275 Scientex $952.4
276 Vale Indonesia $950.4
277 Southeast Asia Commercial Bank (SeAbank) $948.4
278 Baramulti Suksessarana $947.8
279 Vietnam Maritime Commercial Bank (MSB) $946.6
280 Sapura Energy $941.6
281 Susco $940.1
282 Ratch Group $939.6
283 Siam Global House $936.2
284 Sumber Global Energy $932.2
285 Sime Darby Property $929.6
286 Synergy Grid & Development $925.4
287 Aurora Design $924.9
288 Syarikat Takaful Malaysia Keluarga $922.5
289 Bloomberry Resorts $921
290 Singapore Exchange $913.7
291 Thoresen Thai Agencies $913.3
292 Supalai $907
293 V.S. Industry $904
294 Airports Corporation of Vietnam $902
295 Dohome $888.4
296 Digiworld $881.3
297 Bumi Serpong Damai $871.2
298 Thai Vegetable Oil $867.6
299 ACLEDA Bank $865.1
300 Tembaga Mulia Semanan $863.8
301 Stecon Group $862.2
302 Tempo Scan Pacific $862.2
303 KPJ Healthcare $857.8
304 Coteccons Construction $857.5
305 Vietnam Southern Food (Vinafood II) $856.6
306 Thai President Foods $850.5
307 Tigaraksa Satria $843.8
308 Adhi Karya $843.1
309 Hour Glass $840.2
310 Bermaz Auto $837.8
311 Basic Energy $837.1
312 C.I. Holdings $830.3
313 Viettel Post $827.6
314 Nam Kim Steel $822.6
315 Pharmaniaga $822.2
316 SiS Distribution Thailand $817.6
317 Orient Commercial Bank (OCB) $812.8
318 Thanh Le $809.2
319 Sarana Menara Nusantara $804.2
320 Petrindo Jaya Kreasi $801.7
321 Tipco Asphalt $800.3
322 Land and Houses $798.3
323 MNRB Holdings $797.2
324 Muangthai Capital $791.2
325 Serial System $788.7
326 Osotspa $780.6
327 Petchsrivichai Enterprise $780.3
328 North East Rubber $779.7
329 Super Hi International $778.3
330 Garudafood Putra Putri Jaya $772.6
331 Elang Mahkota Teknologi (EMTEK) $772.5
332 Siloam International Hospitals $770.8
333 Prima Andalan Mandiri (Mandiri Coal) $766.7
334 Bank Mega $766
335 AAPICO Hitech $765.7
336 Ton Dong A $763.8
337 Nam A Commercial Bank $756.8
338 Kenon Holdings $751.3
339 Sahaviriya Steel Industries $750.6
340 Bangkok Airways $738.5
341 Samudera Indonesia $737.4
342 IGG $735.3
343 Bumrungrad Hospital $733.4
344 Abundance International $729.7
345 Astro Malaysia Holdings $728.9
346 Lippo Karawaci $726.5
347 Hana Microelectronics $721.8
348 Multipolar $719.9
349 Alliance Bank Malaysia $716.6
350 AirAsia X $713.3
351 TISCO Financial Group $712
352 Bank Mayapada International $711.7
353 Chin Hin Group $711.3
354 Kirana Megatara $710.9
355 D&L Industries $710
356 Converge ICT $708.9
357 Ciputra Development $706.4
358 SCGJWD Logistics $700.6
359 Vinacomin Coal $699.9
360 Can-One $698.2
361 Metro Retail Stores Group $697.9
362 Wasco $696.4
363 BTS Group Holdings $692.6
364 Vinatex $691.6
365 Timah $685.5
366 Vietnam Export Import Bank (Eximbank) $684.7
367 Double A $683.6
368 Malayan Flour Mills $682.6
369 Central Plaza Hotel $679.2
370 Vietnam Maritime (VIMC) $677
371 Waskita Karya $676
372 Dialog Group $671.8
373 Summarecon Agung $670.8
374 UEM Edgenta $667
375 Sawit Sumbermas Sarana $664.4
376 BKI Holdings $664.2
377 Hong Leong Industries $663.1
378 OM Holdings $654.3
379 Viet Phat $648.9
380 Pan Group $645.9
381 CSE Global $644.5
382 Dharma Satya Nusantara $644
383 Daaz Bara Lestari $639.9
384 Manila Water $639.7
385 SOHO Global Health $635.1
386 VSTECS $634.6
387 SVI $628.4
388 Ngern Tid Lor $628.4
389 IOI Properties Group $626.5
390 Rojana Industrial Park $623.4
391 Diamond Food Indonesia $619.5
392 Citra Borneo Utama $616.7
393 Parkson Holdings $613.5
394 Triputra Agro Persada $610.7
395 Putra Mandiri Jembar $609.1
396 Pan-United $607.9
397 CapitaLand Ascott Trust $605.8
398 Cortina Holdings $603.2
399 Carabao Group $600.2
400 TOA Paint (Thailand) $596.8
401 Srisawad $596.8
402 Wilcon Depot $596.5
403 Asset World $595.8
404 Pruksa Holding $595.4
405 Frencken Group $594.5
406 Minh Phu Seafood $588.2
407 Bank Jatim $586.3
408 Central Proteina Prima $586
409 PropNex $586
410 Hibiscus Petroleum $578.8
411 Millennium Group Asia $576.6
412 SC Asset $575.7
413 Boustead Singapore $570.9
414 Cisarua Mountain Dairy (Cimory) $569.8
415 An Phat Holdings $566.5
416 Anabatic Technologies $565.4
417 Raffles Medical Group $562.5
418 NagaCorp $562.5
419 Ultrajaya Milk Industry & Trading $560.3
420 Cemindo Gemilang $559.3
421 Ann Joo Resources $552
422 Mah Sing Group $551.2
423 Malaysia Steel Works (Masteel) $548.9
424 GFPT $547.7
425 Cikarang Listrindo $547
426 TMT Steel $546.1
427 MBM Resources $543.6
428 Aspirasi Hidup (Azko) $541.9
429 Dabaco Group $541.8
430 Top Glove $536.9
431 WP Energy $532.3
432 Thai Credit Bank $530.3
433 Vinacomin Minerals Holding (VIMICO) $529
434 Energy Absolute $525.3
435 SSI Group $524
436 Mapletree Industrial Trust $518.7
437 Hotel Properties $518.6
438 Vinaconex $513.7
439 Westports Holdings $512.7
440 Vinacomin Power $512.5
441 Multi-Chem $511.7
442 TTCL $508.2
443 Aspial $507.7
444 Thai Group Holdings $506.4
445 National Power Supply $504.8
446 Viettel Construction $503.3
447 Bumi Armada $502.8
448 Delfi $502.7
449 Vinh Hoan $499.5
450 Sea Oil $496.2
451 AIG Asia Ingredients $494.4
452 CAB Cakaran $494.2
453 Bac A Commercial Bank $489.9
454 Eco World Development Group $489.8
455 China Sunsine Chemical Holdings $488.6
456 Magnum $487.9
457 Lautan Luas $487.6
458 OUE $483.8
459 Bangkok Expressway & Metro $482.2
460 United Plantations $480.7
461 Thai Eastern Group Holdings $480
462 Sao Mai Group $479.5
463 Southern Steel $478.9
464 Food Empire Holdings $476.3
465 QAF $476.1
466 Harrisons Holdings Malaysia $475.4
467 Quang Ninh Thermal Power $475.3
468 Avia Avian $471.8
469 Tin Nghia $468.4
470 Energi Mega Persada $467.4
471 Quantum Clovera Investama $467.2
472 Aztech Global $465.2
473 Khon Kaen Sugar Industry $464.3
474 Tan Chong Motor Holdings $455.5
475 APM Automotive Holdings $454.7
476 M Cash Integrasi $451.1
477 MK Restaurants Group $448.3
478 TBS Energi Utama $445.6
479 Univentures $443.1
480 Hai Phong Thermal Power $440.5
481 An Binh Commercial Bank (ABBank) $435.6
482 Capital Financial Indonesia $427.4
483 Ancom Nylex $426.1
484 Straits Trading $422.6
485 Vegetexco Port $422.4
486 KCE Electronics $420.6
487 Kaset Thai International Sugar $414.2
488 Geo Energy Resources $401.9
489 SKP Resources $399.2
490 Hartalega Holdings $396.1
491 DXN Holdings $390.4
492 Nickel Asia $389.7
493 Darma Henwa $380.9
494 VNG $370.2
495 BLD Plantation $368.4
496 PVI Holdings $366.7
497 Malaysian Resources (MRCB) $359.8
498 SMC Trading Investment $356.4
499 Gunung Raja Paksi $351.8
500 Poh Kong Holdings $349.4