Market Capitalization Sungai Petani Based Companies Listed on Bursa Malaysia

1. Market capitalization or market cap is the total value of the issued shares of a publicly traded company

2. We may use this market capitalization as one of the economic indicators. As such, let us examine how many companies that from Sungai Petani are listed on Bursa Malaysia and what is their market capitalization.

3. The industrialist from Sungai Petani is listed on Main Market, Bursa Malaysia under the Industrial Product category are as follows:

• AE Multi Holdings Berhad
• Central Industries Corporation Berhad
• EG Industries Berhad
• Luster Industries Berhad
• Supportive International Holding Berhad
• Thong Guan Industries Berhad

4. The industrialist from Sungai Petani is listed on ACE Market, Bursa Malaysia under the Industrial Product category is as follows:

• Supercomnet Technologies Berhad

5. The property companies from Sungai Petani is listed on Bursa Malaysia under the Properties category as follows: 

• EUPE Corporation Berhad
• Keladi Maju Berhad

6. The market capitalization for each company mentioned earlier as at 16 August 2013 is as follows:

• Keladi Maju Berhad, RM 200.95 million 
• Thong Guan Industries Berhad , RM 171.48 million
• Luster Industries Berhad , RM 138.59 million
• EUPE Corporation Berhasd , RM 103.68 million
• Supportive International Holding Berhad , RM 59.77 million
• Supercomnet Technologies Berhad , RM 32.81 million
• EG Industries Berhad , RM 26.22 million
• Central Industrial Corporation Berhad , RM 21.97 million
• AE Multi Holdings Berhad , RM 19.82 million

Source: Bloomberg & FT

7. The total market capitalization for the above companies is RM 775.29 million. This amount is may consider minimal compared to RM 1.6 trillion total market capitalization of Bursa Malaysia.

8. With the total market capitalization of RM 775.29 million, these companies contribution to the population of Sungai Petani is estimated RM 1,800.00 per person. As the total number of Sungai Petani population is estimated around 421,350 people.

9. In other words, relatively , we may use RM 1,800.00 as an indicative figures for residents of Sungai Petani who is working in the private sectors. 

10. Moving forward, the population of Sungai Petani is growing. Therefore, this is a clear indicator , the State of Kedah Darulaman led by Mukhriz Mahathir need to emphasize his effort to bring more reputable companies located in Sungai Petani or assisting further the current companies especially those Sdn.Bhd companies to grow further and eventually list their entity in Bursa Malaysia.