Kuala Lumpur, 21 June 2024 – UEM Edgenta Berhad (UEM Edgenta) is proud to announce its inclusion in the inaugural Fortune Southeast Asia 500 list, highlighting the company’s significant growth and contribution in the region. Recognized among the region’s largest companies by revenue, this achievement reflects our strong growth performance and regional presence. This list ranks the largest companies from seven Southeast Asian nations by revenue for the fiscal year 2023, acknowledging the region being one of the most dynamic and fast-growing one in the global economy.
The minimum revenue threshold for inclusion was US$460.8 million. The ranking include companies from six other Southeast Asian nations alongside Malaysia: Indonesia, Thailand, Singapore, Vietnam, the Philippines, and Cambodia. Indonesia leads with 110 companies, followed by Thailand with 107, Malaysia with 89 and Singapore with 84. Vietnam is home to 70 companies, while the Philippines and Cambodia have 38 and two companies on the list, respectively.
In the Diversified Outsourcing Services industry category, only five companies in the region made it to the list, of which UEM Edgenta is one of them. Among the 89 Malaysian companies, UEM Edgenta came in at 65th by revenue, 72nd and 74th based on assets and profitability respectively. With its inclusion in the Fortune Southeast Asia 500 list, UEM Edgenta now joins an elite group of firms recognized under the Fortune 500 franchise, which includes the original Fortune 500, the Fortune Global 500, the Fortune Europe 500, and the Fortune China 500.
“We’re incredibly proud to be part of the Fortune Southeast Asia 500 inaugural list. This recognition is a significant affirmation of our position as the leading regional asset management and infrastructure solutions player. The successful execution of our regional growth strategy is anchored on our globally recognised service quality and delivery, complemented by the disciplined investment approach through multi-partnership strategy. This achievement underscores our commitment to delivering long term value for our shareholders and reinforces our position as a leader in the industry,” said Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM Edgenta.
For further information on UEM, log on to https://www.uemedgenta.com.
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