The depository of Top Glove Corporation(TGLVY) ADR has announced that the ADR would be terminated effective August 29, 2021. Malaysia-based Top Glove is the manufacturer of rubber products such as gloves, face masks, etc. and became popular during the pandemic last year when the demand for PPE products soared. The relatively unknown ADR at the …
The 10 largest publicly-listed Malaysian companies based on sales for 2009 that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=565] Related ETF: iShares MSCI Malaysia Index Fund (EWM)
The 30 largest Malaysian companies based on market cap in the domestic currency Malaysian Ringgit is shown below: Click to enlarge Source: Malaysia Finance Blog The top three companies are from the banking sector – CIMB Group, Public Bank and Malayan Banking(OTC: MLYBY). Only a handful of Malaysian companies trade on the OTC markets in …
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Unlike its neighbor Singapore, the country of Malaysia is often overlooked by investors. The economy of Malaysia is commodity-based with palm oil, crude oil and rubber being the major exports. Among the Asian emerging markets, Malaysia has some unique comparative advantages. Some of the top reasons for investing in Malaysia are listed below: 1. The …
An ETF and a closed-end fund is available to get exposure to Malaysian equities: 1.ETF iShares MSCI Malaysia Index (EWM). Total Assets= $395M. Dividend yield is over 4%. As a commodity-driven economy Malaysia’s growth is tied to commodities like crude oil, palm oil, rubber, etc. 2.Closed-end Fund Malaysia Fund (MAY) Trades at a discount of …