The Malaysian Equivalent of Singapore’s Companies

There are many similarities between Singapore and Malaysia. The peoples of both countries enjoy similar foods, have a similar culture, and also speak similar languages.

That’s not all. The stock markets of both countries also contain companies that have similar businesses.

For instance, there’s banking. In the Singapore market, there are three banks, namely, DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corp Limited (SGX: O39), and United Overseas Bank Ltd (SGX: U11).

In Malaysia, there are more banks. Here are some of the bigger ones: Malayan Banking Berhad (KLSE: 1155.KL), CIMB Group Holdings Bhd (KLSE: 1023.KL), and Public Bank Berhad (KLSE: 1295.KL).

Plantation companies are also present in both Singapore and Malaysia’s stock market.

In Singapore, some of the plantation companies include palm oil producers such as Wilmar International Limited (SGX: F34), Golden Agri-Resources Ltd (SGX: E5H), First Resources Ltd (SGX: EB5), and Indofood Agri Resources Ltd (SGX: 5JS). There are more.

In Malaysia, we can find major players such as Sime Darby Berhad (KLSE: 4197.KL), IOI Corporation Bhd (KLSE: 1961.KL), and Kuala Lumpur Kepong Berhad (KLSE: 2445.KL).

How about the oil and gas sector?

Oil and gas companies are plentiful In Singapore’s stock market. Major players include Sembcorp Marine Ltd (SGX: S51) – subsidiary of SembCorp Industries Limited (SGX: U96) – and Keppel Corporation Limited (SGX: BN4). In Malaysia, there are also big oil & gas companies such as Sapurakencana Petroleum Bhd (KLSE: 5218.KL).

When it comes to investing, it may make sense to expand our horizons beyond Singapore and look at other countries in order to give us more options.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies mentioned.