To create the Fab 50 list, Forbes considers 1,744 public corporations which have annual revenue of no less than $2 billion and have been listed on the stock exchange for no less than a yr.
It then eliminates corporations which might be loss-making or whose revenues are lower than they were five years ago.
It then throws out corporations which have long-term debt that equals greater than half of their total capital or which have greater than 50% government shares. The goal is to tell apart well-run corporations.
Companies wherein greater than 50% of the shares are owned by listed parent corporations are also excluded.
Finally, Forbes analyzed the remaining candidates using greater than a dozen financial metrics.
The goal is to create a prestigious list of one of the best blue chip corporations, one of the best of one of the best within the region.
Below is an extract from the total list of Southeast Asian corporations which have achieved success on this field:
1. BATU KAWAN (MALAYSIA)
MARKET CAPITALIZATION: $1.7 billion
INDUSTRY: Chemicals
General Director: Hiana Lee
TURNOVER: 5 billion dollars
Batu Kawan Bhd. is an investment holding company engaged in chemical production, transportation, real estate investment and plantation activities.
The company’s operations are conducted in the next business segments: Plantations, Production, Real Estate Development and Investment Holding and others.
The Plantation segment is engaged within the cultivation and processing of palm and rubber products and the refining of palm products. The Manufacturing segment focuses on the production of oleochemicals, soap noodles, industrial amides, fatty amines, cationic surfactants, rubber gloves, parquet flooring products, pharmaceuticals, nonionic surfactants and esters, biofuels, chloralkali and sulfur-based chemicals; transportation services; and bulk liquid storage and distribution.
The Property Development segment is engaged in the event of residential and industrial real estate. The Investment Holding & Others segment includes the placing of deposits in licensed banks; investing in fixed income mutual funds; investing in listed and unlisted corporations; leasing of office space and automotive parks; grain and sheep farming; management services; and money lending.
The company was founded on 9 December 1965 and is headquartered in Ipoh, the capital of the Malaysian state of Perak.
2. PRESS METAL ALUMINUM HOLDINGS (MALAYSIA)
MARKET CAPITALIZATION: $4.7 billion
INDUSTRY: Materials
FOUNDED: 1986
TURNOVER: $2 billion
Press Metal Aluminium Holdings Bhd. provides investment interests in aluminium production. Its products include fully integrated operations, aluminium bars and billets, international markets, bronze finish, machining, fluorocarbon, mill finish, natural anodizing, polishing, powder coating and wood grain.
The company was founded in 1986 and is headquartered in Shah Alam, Malaysia.
3. MOBILE WORLD INVESTMENT (VIETNAM)
MARKET CAPITALIZATION: $1.7 billion
INDUSTRY: Retail sales
FOUNDED: 2009
TURNOVER: $2.9 billion
Mobile World Investment Corp. offers services in the sector of trade, repair and maintenance of telephones, cameras, home appliances, information technology, digital and electronic equipment.
The company was founded on January 16, 2009 by Tai Duc Nguyen, Quan Le Tran and Hai Trieu Chinh Dieu. It is headquartered in Binh Duong, Vietnam.
VINGROUP (VIETNAM)
MARKET CAPITALIZATION: $14.4 billion
FOUNDED: 1993
TURNOVER: $4.6 billion
Vingroup JSC is engaged in the development of stores, industrial offices and residential units; in addition to the availability of entertainment services. Its services include real estate, tourism and hospitality, health care services, fitness and wonder care.
The company was founded by Vuong Nhat Pham on May 3, 2002 and is headquartered in Hanoi, Vietnam.
Source : Forbes
