Malaysia maintains 5 companies on Forbes Asia's ‘Best Under A Billion’ - News Summed Up

Malaysia maintains 5 companies on Forbes Asia's ‘Best Under A Billion’


Elsoft, Kerjaya Prospek, MyEG, Pentamaster and ViTrox made the year 2017 listKUALA LUMPUR (July 27): Malaysia has maintained its list of 5 companies in the annual “Best Under A Billion” list by Forbes Asia. The “Best Under A Billion” list highlights 200 leading stock-traded companies in the Asia Pacific region, with annual revenue between US$5 million and US$1 billion. Forbes Asia said from a universe of 18,000 candidates, roughly 875 passed its criteria for profitability, growth and modest indebtedness. Japan however had the highest increase of 38 companies, from 13 last year, while South Korea had 20 companies, from 16 last year. Overall, consumer products and services companies have been on the rise on the list, reflecting a shift towards a consumer economy, Forbes Asia said.


Source: The Edge Markets July 27, 2017 05:15 UTC



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