今年是《財(cái)富》第二次發(fā)布東南亞500強(qiáng)榜單，這份按營收排名的該地區(qū)規(guī)模最大公司年度榜單展現(xiàn)了一個(gè)蓄勢(shì)待發(fā)的區(qū)域景象：東南亞地區(qū)正準(zhǔn)備利用全球供應(yīng)鏈變革以及采礦、電動(dòng)汽車和人工智能等蓬勃發(fā)展的產(chǎn)業(yè)帶來的機(jī)遇——盡管美國的關(guān)稅政策可能會(huì)使去年的部分增長(zhǎng)成果出現(xiàn)倒退。
去年首屆《財(cái)富》東南亞500強(qiáng)榜單中的七個(gè)國家——印度尼西亞、泰國、馬來西亞、新加坡、越南、菲律賓和柬埔寨——于今年再度上榜，并持續(xù)對(duì)該地區(qū)的經(jīng)濟(jì)產(chǎn)生深遠(yuǎn)影響。上榜企業(yè)的去年總營收達(dá)1.82萬億美元，較上年增長(zhǎng)1.7%。這一漲幅滯后于榜單覆蓋的上述七個(gè)經(jīng)濟(jì)體所報(bào)告的4.1%的GDP增長(zhǎng)率。
作為東南亞地區(qū)面積最大、經(jīng)濟(jì)體量最大的國家，印度尼西亞在東南亞500強(qiáng)中的上榜公司最多（109家）；泰國以100家上榜企業(yè)位列第二。然而，若按營收衡量，小小的城邦國家新加坡則拔得頭籌。總部位于新加坡的公司去年創(chuàng)造了6,371億美元的營收，略高于該地區(qū)總營收的三分之一。
在營收規(guī)模上，今年榜單前五名的公司均足以入選去年的《財(cái)富》世界500強(qiáng)。這五家公司均經(jīng)營大宗商品業(yè)務(wù)，包括金屬行業(yè)的托克集團(tuán)（Trafigura）、石油行業(yè)的泰國國家石油公司（PTT）和印尼國家石油公司（Pertamina），以及農(nóng)產(chǎn)品行業(yè)的豐益國際（Wilmar）和奧蘭集團(tuán)（Olam）。
印尼國家電力公司（Perusahaan Listrik Negara，PLN）在該榜單中排名第六，這一排位突顯了該榜單的另一個(gè)特點(diǎn)：能源（無論是資源開采、發(fā)電還是電力輸送）是東南亞500強(qiáng)的主導(dǎo)行業(yè)，創(chuàng)造了近三分之一的地區(qū)總營收。泰國能源公司Bangchak營收飆升47%，躋身今年榜單前20名。
《財(cái)富》東南亞500強(qiáng)中，最賺錢的三家公司是新加坡的“三大銀行”：星展銀行（DBS）、華僑銀行（OCBC）和大華銀行（UOB）。其中，最年輕的星展銀行以85億美元的利潤(rùn)在三者中居首。
盡管數(shù)字經(jīng)濟(jì)被預(yù)測(cè)將蓬勃發(fā)展，但科技公司在《財(cái)富》東南亞500強(qiáng)中占比較小。榜單前20名僅有一家科技公司——電商和游戲公司Sea?？萍碱I(lǐng)域下一家上榜的互聯(lián)網(wǎng)公司是網(wǎng)約車平臺(tái)Grab，位列第128位，相比去年的排名攀升了超過20個(gè)位次。
但東南亞無法避開最新的科技趨勢(shì)。榜單上營收增幅最大的公司是馬來西亞代工廠NationGate控股（排名第243位），其銷售額在過去一年驚人地增長(zhǎng)了723%，突破10億美元。NationGate的故事與AI息息相關(guān)：隨著馬來西亞及東南亞地區(qū)試圖通過數(shù)據(jù)中心和新的AI初創(chuàng)企業(yè)搭上AI技術(shù)快車，NationGate等公司作為英偉達(dá)（Nvidia）在該地區(qū)組裝AI服務(wù)器的唯一代工廠將坐享紅利。
東南亞500強(qiáng)企業(yè)正日益在全球供應(yīng)鏈中扮演重要角色——承接從中國轉(zhuǎn)移的制造業(yè)產(chǎn)能，這不僅吸引了巨額資本流入，還重塑著全球貿(mào)易格局。
以下是本榜單的前十名。
排名 公司名稱
1 托克集團(tuán)（Trafigura Group）
2 泰國國家石油有限公司（PTT）
3 印尼國家石油公司（Pertamina）
4 豐益國際公司（Wilmar International）
5 奧蘭集團(tuán)（Olam Group）
6 印尼國家電力公司（Perusahaan Listrik Negara）
7 星展集團(tuán)（DBS Group Holdings）
8 CP All
9 生力集團(tuán)（San Miguel）
10 偉創(chuàng)力（Flex）（財(cái)富中文網(wǎng)）
《財(cái)富》東南亞500強(qiáng)榜單依據(jù)營收規(guī)模來衡量地區(qū)最大企業(yè)，覆蓋七個(gè)經(jīng)濟(jì)體：印度尼西亞、泰國、馬來西亞、柬埔寨、越南、菲律賓和新加坡。
作為東南亞地區(qū)國內(nèi)生產(chǎn)總值與人口規(guī)模均居首位的經(jīng)濟(jì)體，印度尼西亞在榜單中占比最大，109家企業(yè)占總排名的五分之一以上。泰國作為該地區(qū)第二大經(jīng)濟(jì)體，以100家企業(yè)位列第二。
新加坡作為該地區(qū)人均國內(nèi)生產(chǎn)總值最高的經(jīng)濟(jì)體，企業(yè)數(shù)量排名處于中游，有81家公司躋身東南亞500強(qiáng)。
不過，若以營收來衡量，這個(gè)擁有六百萬人口的城市國家卻大幅領(lǐng)先東盟鄰國。
新加坡上榜企業(yè)的總營收達(dá)6370億美元，約占榜單1.8萬億美元總營收的三分之一。
是什么因素推動(dòng)新加坡在營收排名中實(shí)現(xiàn)攀升？
新加坡“三大銀行”——星展銀行（DBS）、華僑銀行（OCBC）和大華銀行（UOB）或許是這個(gè)城市國家最知名的企業(yè)，也是東南亞500強(qiáng)中利潤(rùn)最高的公司。
不過，它們并非榜單上規(guī)模最大的新加坡企業(yè)。
位居榜首的是托克集團(tuán)（Trafigura Group），這家大宗商品集團(tuán)涉足金屬、礦產(chǎn)、石油和天然氣業(yè)務(wù)，2024年?duì)I收高達(dá)2432億美元，遠(yuǎn)超榜單上其他所有企業(yè)，營收規(guī)模幾乎是新加坡營收排名第二企業(yè)的四倍。
位列第四和第五的豐益國際（Wilmar）與奧蘭集團(tuán)（Olam）均為農(nóng)業(yè)綜合企業(yè)，深度參與黃油、堅(jiān)果、谷物和食用油等消費(fèi)品供應(yīng)鏈，2024年?duì)I收分別達(dá)674億美元、420億美元。
新加坡憑借其區(qū)域樞紐核心地位，成為企業(yè)拓展東南亞業(yè)務(wù)，尤其是向鄰國馬來西亞和印尼拓展業(yè)務(wù)的首選之地。
新加坡作為金融中心的地位也助推其收入份額實(shí)現(xiàn)增長(zhǎng)。托克集團(tuán)和偉創(chuàng)力（Flex，排名第十）均在新加坡注冊(cè)成立，根據(jù)《財(cái)富》雜志的排名規(guī)則，它們被認(rèn)定為新加坡公司——盡管這兩家公司絕大多數(shù)業(yè)務(wù)運(yùn)營，甚至運(yùn)營總部，均設(shè)在其他國家。
序號(hào) 公司名稱 營業(yè)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
