Petronas: Malaysia's torchbearer

Malaysia's largest company could be worth up to $207 billion if it listed in its entirety, making it almost equal to Malaysia's total market capitalisation.

Petronas: Malaysia's torchbearer
Petronas could be the saving grace for the nation’s stock market -- listing it in its entirety would make investors smile.

Petronas is Malaysia's premier state-owned company, but as a publicly owned company it could be worth more than $200 billion and would dominate the country's stockmarket.

According to Deutsche Bank, Petronas could potentially make up 40% of Malaysia's weighting in the MSCI Asia ex-Japan index if it was to list in its entirety MSCI is a free float-adjusted market capitalisation index that is designed to measure the equity market performance of countries in the region.

Based on a price-to-earnings...

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