At a glance
- Company
- UEM Edgenta Berhad
- Announcement
- Award
- Location
- Kuala Lumpur, Malaysia
Key figures
- Minimum revenue threshold for inclusion
- US$460.8 million
- Ranking among Malaysian companies by revenue
- 65th
- Ranking by assets
- 72nd
- Ranking by profitability
- 74th
- Regional companies in Diversified Outsourcing Services category
- five
People
- Syahrunizam SamsudinManaging Director/Chief Executive Officer
KUALA LUMPUR, June 24, 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.
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In brief
UEM Edgenta Berhad says it has been included in the inaugural Fortune Southeast Asia 500, a ranking of companies from seven Southeast Asian countries based on fiscal 2023 revenue. The company reports that it ranked 65th among Malaysian companies by revenue, and 72nd and 74th by assets and profitability, respectively. It also says it was one of five regional companies in the Diversified Outsourcing Services category. The release notes that the list’s minimum revenue threshold was US$460.8 million. Managing Director and Chief Executive Officer Syahrunizam Samsudin said the recognition reflects the company’s regional growth strategy and service delivery, and highlighted its investment approach and focus on shareholder value.
Key takeaways
- UEM Edgenta says it was included in the first Fortune Southeast Asia 500.
- The company ranked 65th among Malaysian companies by revenue.
- It was one of five companies in the regional Diversified Outsourcing Services category.
- The list covers companies from seven Southeast Asian countries and uses fiscal 2023 revenue.
Earlier from UEM Edgenta Berhad
- UEM EDGENTA DELIVERS Q1 2024 FINANCIAL PERFORMANCE WITH REVENUE GROWTH YOY AND SIGNIFICANT CONTRACTS SECURED TO-DATE
- UEM EDGENTA HOSTS AIDILFITRI CORPORATE OPEN HOUSE
- UEM EDGENTA RECORDS RM2 BIL IN REVENUE AND DECLARES 2 SEN DIVIDENDS
- UEM Edgenta Elevates Middle East Presence Through A Strategic Partnership
- UEM Edgenta Expands Footprint in Middle East Real Estate Market with KAIZEN Group Acquisition and Tech Partnerships
