The Malaysian property market has yet to regain the vibrancy of the boom times that came to an end more than two years ago, but the challenging environment has not hindered Matrix Concepts Holdings Bhd from churning out impressive returns for its shareholders.

Indeed, investors who subs...

Highest return on equity over three years: Property — Below RM3 billion market capitalisation: Matrix Concepts Holdings - Lucrative returns since its debut

Sunsuria Bhd may have had a slight edge when it comes to winning the award for highest returns to shareholders over three years — the injection of projects with a gross development value of about RM10 billion by executive chairman and largest shareholder Datuk Ter Leong Yap.

This has ce...

Highest returns to shareholders over three years: Property — Below RM3 billion market capitalisation: Sunsuria - Setting itself apart through catalysts such as the Xiamen University Malaysia campus

IGB Corp Bhd has seen steady profit after tax (PAT) growth since 2004. For FY2013 to FY2016, the group’s PAT registered a three-year compound annual growth rate (CAGR) of 13.8%, supported by its property investments and hotel operations.

For FY2016, it reported PAT of RM297.99 million, ...

Highest growth in profit after tax over three years: Property — RM3 billion and above market capitalisation: IGB Corp - Steady earnings growth over a decade

Sunway Bhd, which was reclassified from the properties sector to the trading/services sector in June, is favoured by investors as it is viewed as a better pick to ride out the current cyclical property market slowdown due to its diversified business portfolio.

Unlike other pure develope...

Highest returns to shareholders over three years: Property — RM3 billion and above market capitalisation: Sunway - Gaining strength from a diversified portfolio

Investors in IGB Real Estate Investment Trust, a pure retail play in the REIT sector, benefited from the strong interest in REITs in the past two years, amid low returns and depressed market sentiment.

Average total return a year for investors was 20.43% between March 31, 2014, and June...

Highest growth in profit after tax over three years / Highest returns to shareholders over three years: REITS:  IGB REIT - Mega mall pioneer resilient despite retail space competition

The iconic stature of the Petronas Twin Towers continues to justify its premium rental rates for the owner, KLCC Real Estate Investment Trust (REIT), which, since May 9, 2013, has been stapled to KLCC Property Holdings Bhd, one of the largest companies on Bursa Malaysia with a market capitalisati...

Highest Return on Equity Over Three Years: REITS: KLCCP Stapled Group -  Iconic stature sustains premium

Kerjaya Prospek Group Bhd’s shares have been on a tear, especially in the past 18 months, when investors saw the change in its earnings trajectory. The company booked record-high profits and secured sizeable contracts from several reputable developers despite the soft property market.

S...

Highest returns to shareholders over three years: Construction: Kerjaya Prospek Group-More sizeable contracts for its order book

Gamuda Bhd has been a favourite among analysts as a key proxy for the booming Malaysian construction sector, considering the group’s leading role in several of the mega railway projects under the 11th Malaysia Plan (11MP).

The group was appointed the project delivery partner (PDP) for M...

Highest return on equity over three years: Construction: Gamuda - Beneficiary of mega infrastructure wave

Despite the prevailing damp sentiment brought about by sluggish oil prices, the weak ringgit and general turbulence in the global economy, IJM Corp Bhd sailed through yet another year.

Despite challenging times, it still outperformed its construction industry peers with a compound annua...

Highest growth in profit after tax over three years: Construction: IJM Corp - Surpassing its peers in the sector

One of the more enjoyable parts about being a judge for The Edge Billion Ringgit Club’s corporate social responsibility component is learning what BRC members are doing to bring long-term, sustainable benefits to communities.

Many BRC members have chosen to support education, p...

Investing in financial education

Hong Leong Industries Bhd’s (HLI) share price has doubled to RM9.10 between April 1, 2014, and March 31, 2017. This is certainly a big boost for the company, which has a market capitalisation of over RM1 billion.

The upward momentum continued with the stock climbing to RM10.42 in late J...

Highest growth in profit after tax over three years: Consumer Products: Hong Leong Industries - Finds new growth source

Ipoh-based Batu Kawan Bhd is widely known as the parent company of locally listed plantation giant Kuala Lumpur Kepong Bhd (KLK). However, many may not know that Batu Kawan is also Malaysia’s largest producer of chlor-alkali chemical products, which include chlorine, caustic soda and hydrochloric...

Highest growth in profit after tax over three years: Plantation: Batu Kawan - More than just KLK’s parent company

Planters have had a rough couple of years as an abundant supply of oilseeds and uncertainty in the economic landscape dragged down crude palm oil prices. It was only late last year that CPO prices started to show some signs of recovery.

Nevertheless, Kuala Lumpur Kepong Bhd (KLK) achiev...

Highest return on equity over three years: Plantation: Kuala Lumpur Kepong - Exceptional gains a boost for leading planter

Kim Loong Resources Bhd, a Johor-based oil palm grower and crude palm oil (CPO) miller, retained its position as the BRC member with the highest returns to shareholders in the plantation sector as it continues to reward shareholders amid tough operating conditions.

The planter’s oil ext...

Highest returns to shareholders over three years: Plantation: Kim Loong Resources - Efficient niche oil palm planter and miller

KUALA LUMPUR (Sept 16): The death of a doctor stationed in Lahad Datu, Sabah, must be thoroughly investigated, says Health Minister Datuk Seri Dr Dzulkefly Ahmad.

Death of Lahad Datu doctor must be thoroughly investigated — health minister

(Sept 16): Singapore is prepared to make “bold changes” to regulatory structures in an attempt to revive its languishing stock market, according to its second minister for finance.

Singapore ready to make ‘bold changes’ to revive stock market

KUANTAN (Sept 16): The Sultan of Pahang Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah on Monday said that he does not want any teaching that deviates from the Ahli Sunnah Wal Jamaah (ASWJ) Islamic faith to gain a foothold in the state.

Don’t let deviant teachings gain foothold in Pahang — Al-Sultan Abdullah

(Sept 16): The yen advanced past the key psychological level of 140 against the dollar, as the Japanese currency extended its rally from the weakest point in nearly 38 years in July.

Yen strengthens beyond 140 per dollar for first time since 2023

(Sept 16): A brief recovery in Singapore new home-sales ran out of steam, as transactions fell to its lowest level since February.

Singapore home sales plunge again due to lack of supply

ALOR SETAR (Sept 16): Dozens of Malaysian holiday-goers wishing to go to Thailand over the long weekend had their dreams crashed at the border gate due to passport issues, income tax arrears, customs tax, and unresolved old criminal cases.

Dozens of Malaysian holiday-goers can’t cross to Thailand due to passport issues, tax arrears — Kedah Immigration director

(Sept 16): Republican presidential candidate Donald Trump was safe on Sunday, after the Secret Service foiled what the FBI called an apparent assassination attempt while he was golfing on his course in West Palm Beach, Florida.

Trump safe after new assassination attempt thwarted at Florida golf course

PUTRAJAYA (Sept 16): The report on the proposal for mandatory halal certification is nearing completion and is set to be presented to the Cabinet this Wednesday, according to the Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Na'im Mokhtar.

Halal certification report to be presented to Cabinet this Wednesday — minister

SINCE 2021, Malaysia has experienced a significant surge in total approved investments, mainly driven by foreign direct investment (FDI).

The escalation of the US-China trade war and shifts in the global supply chain have positioned Malaysia as a strategic hub, attracting increasing lev...

The State of the Nation: After a strong start, can Malaysia keep the investment flowing in 2H2024?

Recent rumours of buyers being required to sign sales and purchase agreements (SPAs) at the land office are just that, rumours. According to property consultants, there is no such requirement and SPAs can continue to be signed as per the normal practice.

Nevertheless, for property — inc...

No requirement to sign SPA at land office

COME Monday, Sept 9, Bursa Malaysia will see the listing of 99 Speed Mart Retail Holdings Bhd (KL:99SMART) on the Main Market. The initial public offering (IPO) is the largest on the local bourse in seven years.

Priced at a finalised RM1.65 a share, the IPO exercise entails the public i...

IPO Watch: Minimarket chain 99 Speed Mart’s IPO anything but small

(Sept 16): Republican presidential candidate Donald Trump was safe on Sunday, after the Secret Service foiled what the FBI called an apparent assassination attempt while he was golfing on his course in West Palm Beach, Florida.

SHANGHAI (Sept 16): Typhoon Bebinca made landfall in Shanghai on Monday morning as a Category 1 storm, the most powerful tropical cyclone to directly hit the Chinese financial hub in more than seven decades.

Typhoon Bebinca lands in Shanghai, strongest storm to hit city since 1949

JOHOR BAHRU (Sept 16): Forest City’s special financial zone (SFZ) will be launched this Friday (Sept 20), with various incentives and packages to stimulate investment, growth and economic activities in Johor.

Forest City’s special financial zone to be launched on Friday, incentives to be introduced — Johor state exco

KUCHING (Sept 16): The formation of Malaysia in 1963 is rooted in the constitutional documents which are already enshrined in the Federal Constitution and should remain undisputed, said Yang di-Pertua Negeri of Sarawak Tun Dr Wan Junaidi Tuanku Jaafar.

Wan Junaidi: Don’t dispute constitutional documents that led to Malaysia’s formation

BENGALURU (Sept 16): Gold prices surged to record highs on Monday, driven by a softer dollar and expectations of a larger interest rate reduction by the US&nbsp;Federal Reserve this week.

Gold prices at all-time highs as traders eye deeper US rate cut

ALOR SETAR (Sept 16): Dozens of Malaysian holiday-goers wishing to go to Thailand over the long weekend had their dreams crashed at the border gate due to passport issues, income tax arrears, customs tax, and unresolved old criminal cases.

KUALA LUMPUR (Sept 16): The Malaysian Palm Oil Board (MPOB) has successfully mapped around 70% of independent smallholders, as part of its project to chart oil palm plantation coverage across the country.

MPOB achieves 70% mapping of oil palm smallholders in nationwide plantation coverage project

TO investors who have not followed the growth story of Padini Holdings Bhd (KL:PADINI), it may come as a surprise that the garment manufacturer’s current market capitalisation stands at above the RM2 billion mark, putting it in the same league as big-cap heavy industry players like WCE Holdings B...

Market contemplates Padini’s position as ‘value investment’

JAPAN’s Mitsui &amp; Co Ltd, together with local institutional shareholders and a private equity fund, are said to be exploring an option to strengthen their grip on IHH Healthcare Bhd (KL:IHH) in a move to carve out better value for the healthcare group.

Sources say Mitsui, which holds...

IHH’s major shareholders mull corporate exercise to consolidate position

PUTRAJAYA (Sept 16): His Majesty Sultan Ibrahim King of Malaysia, and Her Majesty Queen Raja Zarith Sofiah are attending the 2024/1446H national-level Maulidur Rasul celebration at the Putrajaya International Convention Centre (PICC) here.

King, Queen grace Maulidur Rasul celebration

HONG KONG (Sept 16): PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company's mainland unit with a record penalty.

PwC invests in 'high quality' business in China after record fine, internal memo says

SINCE 2021, Malaysia has experienced a significant surge in total approved investments, mainly driven by foreign direct investment (FDI).

The escalation of the US-China trade war and shifts in the global supply chain have positioned Malaysia as a strategic hub, attracting increasing lev...

PUTRAJAYA (Sept 16): The report on the proposal for mandatory halal certification is nearing completion and is set to be presented to the Cabinet this Wednesday, according to the Minister in the Prime Minister's Department (Religious Affairs) Datuk Dr Mohd Na'im Mokhtar.

(Sept 16): Most Asian currencies and equities rose on Monday in holiday-thinned trading, with a focus on this week's US Federal Reserve policy meeting, where it is almost certain that the central bank will cut its key interest rate, the only question being by how much.&nbsp;

Asian equities, currencies gain, focus shifts to Fed's policy meeting

KUALA LUMPUR (Sept 16): Prime Minister Datuk Seri Anwar Ibrahim, on the occasion of Malaysia Day on Monday, called on Malaysians to embrace the true meaning of an independent and free Malaysia, while rejecting division and hostility.&nbsp;

Anwar: Uphold unity to unlock country’s full potential

AFTER four years of serving on the boards of directors of Malaysia Airlines Bhd (MAB) and its parent Malaysia Aviation Group Bhd (MAG), Tan Sri Wan Zulkiflee Wan Ariffin is retiring as non-executive group chairman, people familiar with the matter say. He is leaving the group as early as the middl...

Wan Zulkiflee said to be retiring as Malaysia Airlines chairman in mid-September 

SYDNEY (Sept 16): Asian stocks dithered and the dollar slipped on Monday in a week that is almost certain to see the start of an easing cycle in the United States, with investors flirting with the chance of an outsized move.

Stocks firm, dollar subdued as market flirts with outsized Fed cut

(Sept 16):&nbsp;A brief recovery in Singapore new home-sales ran out of steam, as transactions fell to its lowest level since February.

(Sept 16):&nbsp;The yen advanced past the key psychological level of 140 against the dollar, as the Japanese currency extended its rally from the weakest point in nearly 38 years in July.

The Edge Billion Ringgit Club 2017

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The Edge Billion Ringgit Club 2017

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