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

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

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

Indonesian President Prabowo Subianto expressed confidence on Monday that Malaysia will be able to resolve long-standing border and labour issues with Indonesia in an orderly and efficient manner.

Prabowo confident Malaysia, Indonesia can resolve border, labour issues effectively

The policies of US President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup Inc.

Citi analysts say Trump policies can’t reverse energy transition

Ekovest Bhd (KL:EKOVEST) and Knusford Bhd (KL:KNUSFOR) have agreed to have another six months to discuss a merger deal worth RM450 million.

Ekovest extends unit merger talks with Knusford for six more months

Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust (KL:PLINTAS), on Monday clarified that two individuals charged with corruption linked to its sponsor Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) are not related to the operations of the business trust.

Prolintas Infra Business Trust distances itself from graft cases involving sponsor Prolintas' COO, project manager

DXN Holdings Bhd (KL:DXN), which sells health and wellness products, posted a 18.4% increase in net profit for the third quarter on higher revenue from the Latin American and Middle Eastern markets.

DXN's 3Q profit up 18.4% on higher revenue from overseas markets, declares one sen dividend

Malaysia and Indonesia remain committed to ensuring continued cooperation between the countries’ oil giants Petroliam Nasional Bhd (Petronas) and PT Pertamina (Persero).

“Our commitment is to ensure the cooperation of Petronas and Pertamina, two leading regional giants, so that they have more agreements to explore, welcome new directions and also new business areas," said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia, Indonesia committed to ensure continued cooperation between Petronas and Pertamina — Anwar

Stock exchange operator Bursa Malaysia Bhd (KL:BURSA) expects a total of 60 new listings this year, exceeding 55 initial public offering (IPOs) recorded in 2024.

Bursa eyes 60 IPOs for FY2025 including MMC Port, but marginally lower PBT growth amid global uncertainty

Malaysia and Indonesia have agreed to leverage the strengths of both countries to enhance cooperation in various fields, including defence, said Prime Minister Datuk Seri Anwar Ibrahim.

He said that Indonesia has extensive experience in defence, and Malaysia is ready to explore any potential cooperation opportunities.

Malaysia, Indonesia agree to enhance cooperation, including in defence — Anwar

DBS Group Holdings on Monday announced that it had increased its stake in Shenzhen Rural Commercial Bank to 19.4% from 16.69%.

DBS increases stake in Shenzhen Rural Commercial Bank to 19.4% for 1.6 bil yuan

Icon Offshore Bhd (KL:ICON) has received the nod from its shareholders to change its name to Lianson Fleet Group Bhd, along with the RM403.5 million acquisition of equity stakes in vessel operating companies, including from its largest shareholder Liannex Corp.

Shareholders greenlight Icon Offshore’s vessel ops buy, name change to Lianson Fleet Group

SHAH ALAM (Jan 27): Bina Puri Holdings Bhd (KL:BPURI), its subsidiary Bina Puri Properties Sdn Bhd and its director Tan Sri Tee Hock Seng has been slapped with a RM28.1 million lawsuit by Wisma Majujaya Sdn Bhd for not abiding with a joint venture agreement (JVA) to develop a project in Johor Bahru, called “Puri Residence”.

Bina Puri, its director Tee Hock Seng face RM28.1m suit for purportedly failing to pay-up full sum in JVA

KUALA LUMPUR (Jan 27): Selling pressure on YTL Corporation Bhd (KL:YTL) and its subsidiary YTL Power International Bhd (KL:YTLPOWR) persists, pulling the two stocks to two-month lows.

Selling persists, YTL Corp and unit YTL Power down over 5%

Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over the US’ technological dominance.

DeepSeek buzz puts tech stocks on track for US$1 tril wipeout

Telco firms may need to fork out RM394 million each to buy out U Mobile Sdn Bhd and the Ministry of Finance's equity stakes in Digital Nasional Berhad (DNB) under the rollout of the second 5G network, according to CIMB Securities.

CIMB Securities sees telcos shelling out nearly RM400m each to buy out U Mobile's stake in DNB

KUALA LUMPUR (Jan 27): Bursa Malaysia Bhd (KL:BURSA) announced that it has appointed Datuk Fad’l Mohamed as its new chief executive officer, effective March 1, with the retirement of Datuk Muhamad Umar Swift, who has served as CEO since February 2019.

Bursa names RHB wholesale banking MD Fad’l Mohamed as new CEO as Umar Swift retires

The chief operating officer (COO) of Projek Lintasan Kota Holdings Sdn Bhd (Prolintas), Rostam Sharif Tami, has pleaded not guilty to a bribery charge involving RM70,000.

Prolintas COO faces trial over RM70,000 bribery charge

SOME of the big construction names have trained their sights on the balance of the works — estimated to be worth about RM9 billion — left to be done in the Penang light rail transit (LRT) project.

Among those that have attended briefings by MRT Corp are MMC Engineering Sdn Bhd, Malaysia...

Big guns eye another RM9 bil in Penang LRT works

Bursa Malaysia Bhd's (KL:BURSA) net profit for the fourth quarter ended Dec 31, 2024 (4QFY2024) rose 15.7% on improved performance in its securities and derivatives markets.

Bursa Malaysia's profit jumps 16% in 4Q, declares 26 sen dividend

ES Sunlogy Bhd, a provider of mechanical and electrical (M&amp;E) engineering services as well as renewable energy, has launched its prospectus for an initial public offering (IPO) on the ACE Market, as it seeks to raise up to RM63 million to partly fund its expansion plans.

Engineering firm ES Sunlogy launches ACE Market IPO prospectus, aims to raise RM63m

Last month, eFishery, a darling of Indonesia’s start-up scene, was reported to have suspended its CEO Gibran Huzaifah and chief product officer Chrisna Aditya, pending an investigation into alleged financial irregularities in the company.

Frankly Speaking: KWAP’s investment in eFishery in the spotlight

(Jan 26): US&nbsp;search engine startup Perplexity AI has revised the merger proposal which it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with the proposal told Reuters on Sunday.

Perplexity AI proposes to merge with TikTok, with US government getting half — Reuters

Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses.

Hong Kong’s property distress is catching up with city’s banks

KUALA LUMPUR (Jan 27): Sabah-based steel products manufacturer Colform Group Bhd's initial public offering (IPO) has seen strong investor interest, attracting RM462.46 million worth of retail subscriptions, more than 10 times the RM41.19 million it was looking to raise from the issuance of new shares via its IPO. &nbsp;

Colform's ACE Market IPO attracts over RM462 mil retail interest

The US and Colombia pulled back from the brink of a trade war on Sunday after the White House said the South American nation had agreed to accept military aircraft carrying deported migrants.

US, Colombia reach deal on deportations; tariffs, sanctions put on hold

UEM Group Bhd acquired 1.5 million shares in Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT) at RM10.96 per share on Friday, Jan 24.

In a note on Monday, AmInvestment Bank Bhd, on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and GIP Aurea Pte Ltd (joint offerors), said the transaction is part of the ongoing takeover process initiated by the joint offerors to acquire all remaining ordinary shares in MAHB that they have not already held.

UEM acquires 1.5 mil MAHB shares at RM10.96 per share

THE Ace Market-bound café operator Oriental Kopi Holdings Bhd (KL:KOPI) has garnered significant attention within the investing community due to its robust financial performance in the first four years of operation.

Since the opening of its outlet in Johor in 2020, the food and beverage...

IPO Watch: Oriental Kopi’s listing — the talk of the town 

The deadline for AirAsia X Bhd’s (KL:AAX) proposed RM6.8 billion acquisition of Capital A Bhd’s (KL:CAPITALA) short-haul aviation business — AirAsia Bhd and AirAsia Aviation Group Ltd — has been extended by two months.

Deadline for AAX takeover of Capital A’s aviation biz extended by two months to March 24

China pledged to accept the return of undocumented Chinese citizens in the US, after President Donald Trump threatened to hit Colombia with tariffs of up to 50% for refusing to take back deported migrants.

China promises to take back illegal migrants after Trump threats

Last Thursday, YTL Power International Bhd (KL:YTLPOWR) announced a proposal for a bonus issue of warrants on the basis of one warrant for every five existing shares held. The exercise price of the warrants, which have a three-year tenure, has been fixed at RM2.45 — a 44% discount to its five-day volume-weighted average price.

Frankly Speaking: Multi-billion cash call at YTL group

Kenanga Research said Genting Plantations Bhd's (KL:GENP) proposed disposal of its Melaka land is accretive in nature and outweighs the loss of crude palm oil (CPO) income from the estate.

The Edge Billion Ringgit Club 2017

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The Edge Billion Ringgit Club 2017

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