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The company has operations in many countries, including Malaysia, Indonesia, Papua New Guinea, Equatorial Guinea, Gabon, Vanuatu, New Zealand and Russia. In Papua New Guinea, Rimbunan Hijau is the single biggest logging operator, and runs the country's biggest sawmill. It also owns one of the two major newspapers in the country, The National. [2]
Interhill Logging Sdn. Bhd. is an enterprise of the wood economy in Miri in Sarawak, Malaysia. [1] It endangers the rainforest being the livelihood of the Penan people. [2] However, Interhill claims to be involved in sustainable forestry development. [3] Lumberers of Interhill have been accused by Bruno Manser Fonds to have raped young Penan women.
[3] [4] In 2014, Malaysia's economy grew 6%, the second highest growth in ASEAN behind Philippines' growth of 6.1%. [5] The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [needs update]
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Sime UMW is an RM11 billion company and ranks among the foremost corporations listed on the Bursa Malaysia. Its net assets exceed RM2.3 billion and its workforce numbers more than 7,500 employees serving customers through a nationwide distribution network.
In September 2006, 1st Silicon completed merger with Germany-based X-Fab Silicon Foundries, to form X-Fab Sarawak Sdn Bhd where X-Fab holds 58% of the shares and Sarawak government holds 35% minority stake. [10] Meanwhile, all 1st Silicon outstanding debt will be borne by the government of Sarawak. [11]
The company went public in 1972 and has since ventured into other industries, although it exited the sugar business in 2009. Today, its main business is the supply of flour to downstream food producers. Its subsidiary, FFM, is the largest flour miller in Malaysia. The Kuok family retains control of the company with a 50.8 percent shareholding.
TSH Resources Berhad is a holding company from Kuala Lumpur, Malaysia.It primarily engages in cultivating, processing, and refining oil palm. [1] Other operations include segment manufactures and sale of downstream wood products. [1]