There is a Chinese proverb  that says when brothers are united, their strength would be as powerful as a sword that can slash metal. Essentially, it means that nothing is impossible when brothers unite to achieve a mission.

Press Metal Aluminium Holdings Bhd, a multi-billion-ringgi...

Company Of The Year: BIG CAP COMPANIES — RM10 BILLION TO RM40 BILLION MARKET CAPITALISATION, Industrial Products & Services: Press Metal Aluminium Holdings Bhd - From a small seed, a giant has grown

On July 23, Prime Minister Datuk Seri Dr Mahathir Mohamad launched the National Strategy for Financial Literacy 2019-2023. The strategy sets out priorities and action plans to equip Malaysians with the knowledge they need to make informed financial decisions and nurture healthy attitudes towards ...

Helping to make youth financially savvy

Despite patchy global economic prospects in the past three years, for Gas Malaysia Bhd, there has been only one direction for its earnings and shareholder returns: up.

In the three-year period between the financial year ended Dec 31, 2016 (FY2016), and FY2018, Gas Malaysia saw nearly 70...

Highest return on equity over three years, Highest growth in profit after tax over three years: UTILITIES: Gas Malaysia Bhd - Rising earnings and returns like no other

Mega First Corp Bhd lost two income generators last year as two of its power plants in China and Sabah respectively were discontinued. But this did not affect the company’s financial performance.

Furthermore, its shareholders have enjoyed the highest returns over three years in the util...

Highest Returns to Shareholders over three years: UTILITIES: Mega First Corp Bhd - Don Sahong hydropower DAM DRIVES POWERFUL EARNINGS GROWTH

The rising traffic volume in the Klang Valley speaks well for Lingkaran Trans Kota Holdings Bhd’s (Litrak) earnings growth over the past few years.

Litrak operates several intra-Kuala Lumpur toll roads. It wholly owns the Damansara-Puchong Expressway (LDP) and holds a 50% stake in Siste...

Highest return on equity over three years, Highest growth in profit after tax over three years: TRANSPORTATION & LOGISTICS: Lingkaran Trans Kota Holdings Bhd - Urbanisation Sustains Steady Earnings Growth

Astro Malaysia Holdings Bhd recorded it highest ever profit after tax (PAT) in its financial year ended Jan 31, 2018 (FY2018), in an environment of declining advertising expenditure.

The group attributed its sterling performance to its increasingly diversified revenue base and relentles...

Highest growth in profit after tax over three years: Telecommunications & Media: Astro Malaysia Holdings Bhd - Banking on solid fundamentals for challenges ahead

In an increasingly challenging telecoms landscape, Time dotCom Bhd stands out in terms of the returns it has delivered over the past three financial years.

If a shareholder had bought the stock on March 31, 2016, and exited on March 31, 2019, they would have obtained an average return o...

Highest Returns to Shareholders over three years: TELECOMMUNICATIONS & MEDIA: Time dotCom Bhd - Sole player with rising share price

Malaysia Airports Holdings Bhd’s (MAHB) earnings for the past three financial years between the financial year ended Dec 31, 2016 (FY2016) and FY2018 increased by leaps and bounds.

In FY2016, its net profit rose 72% to RM70.4 million, from RM40.9 million the year before. Growth was even...

Highest Returns to Shareholders over three years: Transportation and logistics: Malaysia Airports Holdings Bhd - Earnings grow by leaps and bounds

Global sales of semiconductors rose to a new high of US$468.8 billion last year, according to World Semiconductor Trade Statistics (WSTS). This speaks well for the industry worldwide, including Malaysia’s.

The explosion of applications of connected devices translates into more orders fo...

Highest growth in profit after tax over three years: TECHNOLOGY (JOINT-WINNER): Frontken Corp Bhd - Global Semiconductor Sales Growth Fuelled Group’s Profits

The demand for gloves remains high on the back of rising healthcare spending despite continued capacity expansion worldwide adding supply to the market. Hartalega Holdings Bhd, the world’s largest nitrile glove maker, saw sales increase 37 times over 12 years to 27.2 billion pieces in 2018.
...

Highest return on equity over three years, Highest growth in profit after tax over three years: HEALTHCARE: Hartalega Holdings Bhd - Health awareness fuel for earnings growth

Apex Healthcare Bhd has certainly hit it out of the ballpark. Its share price soared 156% from 85 sen on March 31, 2016, to RM2.18 on March 29 this year, giving a total return of 36.2%, including dividends.

Shareholders of the pharmaceutical group have received regular — and rising — di...

Highest Returns to Shareholders over three years: HEALTHCARE: Apex Healthcare Bhd - A home run for its shareholders

ViTrox Corp Bhd’s rapid earnings growth, at more than 30%, has made it a shining star in the technology industry. The semiconductor firm saw a three-year compound annual growth rate of 33.51% in its profit after tax (PAT), which swelled from RM44.32 million in FY2015 to RM105.48 million in FY2018...

Highest growth in profit after tax over three years: TECHNOLOGY (JOINT-WINNER): ViTrox Corp Bhd - Boosted by innovative product offerings

Pentamaster Corp Bhd has come a long way from the simple automation house co-founded by chairman Chuah Choon Bin in 1995. This once small setup is now a public listed company with a market capitalisation of more than RM2 billion, and which specialises in the provision of factory automation equipm...

Highest Returns to Shareholders over three years, Highest growth in profit after tax over three years: TECHNOLOGY: Pentamaster Corp Bhd - Below-the-radar company with above average results

GHL Systems Bhd, previously a credit card payment device supplier, has now evolved into a key player in the value chain of the cashless payment system with footprints in Malaysia, Thailand and the Philippines.

The company is well positioned to ride the payment revolution in Asean — from...

Highest growth in profit after tax over three years: TECHNOLOGY (JOINT WINNER): GHL Systems Bhd - Making money out of cashless payments

Oil advanced after the US ramped up measures to hobble Iran’s crude exports, increasing pressure on Tehran amid a push for a new nuclear accord.

Oil advances as US ramps up sanctions against Iranian crude

The Bank of Thailand, which has long resisted interest-rate cuts despite immense political pressure, may end up having to embark on the region’s most aggressive easing cycle as a sluggish economy takes a turn for the worse, according to analysts.

Thailand may yet embark on Southeast Asia's most aggressive rate cuts

Asian equities were primed to track declines on Wall Street as traders weighed the impact of a trade war against robust US housing and jobs data.

Asian stocks poised to fall as trade fears return

Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading.

Micron forecasts upbeat quarterly revenue on strong AI memory chip demand

A fresh bout of instability gripped the stock market as concern around the potential impacts of a trade war outweighed the latest housing and jobs data showing the world’s largest economy is still holding up.

US stocks halt Fed-fueled rally as trade fear lingers

Lloyd’s Register, the maritime society formed in a London coffee house in 1760, has put its modern glass headquarters up for sale as it prepares to move back into the property built to house it more than a century ago.

Lloyd’s Register to sell modern tower and return to Victorian HQ

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday.

Salcon, Scanwolf, Reservoir Link, Pharmaniaga, IJM, Lagenda Properties, Land & General, Hextar Global, Top Glove, Cahya Mata Sarawak, Iskandar Waterfront City

Panama's President Jose Raul Mulino said on Thursday that he didn't place any value on reports the US military is looking into options for ensuring full US access to the Panama Canal, since these reports came from unnamed sources.

Mulino dismisses reports of US military evaluating Panama Canal options

CoreWeave Inc, a cloud-computing provider that’s one of the hottest startups in artificial intelligence (AI), and some of its investors are seeking to raise as much as US$2.7 billion in an initial public offering (IPO).

AI cloud hosting firm CoreWeave launches US$2.7 bil IPO

At least 91 Palestinians were killed and dozens wounded in airstrikes across Gaza on Thursday after Israel resumed bombing and ground operations, the enclave's health ministry said.

At least 91 killed in Gaza as Israel abandons ceasefire, orders evacuation

THERE is no denying that the Employees Provident Fund’s (EPF) 6.3% dividend declared for both conventional savings and shariah savings for 2024 is nothing short of spectacular and would have been celebrated with more vigour — if not for the lingering questions surrounding its seemingly untimely s...

Special Report: Dispelling aspersions surrounding EPF’s impressive 6.3% dividend for 2024

Cahya Mata Sarawak Bhd (KL: CMSB) has initiated legal action against its deputy chairman Datuk Seri Mahmud Abu Bekir Taib over alleged breaches of trust and fiduciary duties in relation to a failed enterprise resource planning (ERP) system under the company’s digital transformation project.

Cahya Mata Sarawak sues deputy chairman Abu Bekir Taib, five others over failed project

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday.

Iskandar Waterfront City Bhd (KL:IWCITY) has proposed a regularisation plan involving the issuance of new shares to settle outstanding debts, a private placement and a capital reduction in order to exit its affected listed issuer status.

Iskandar Waterfront City unveils regularisation plan to convert debt into equity, issue new shares  

Hextar Oiltech Sdn Bhd, a 60%-owned subsidiary of Hextar Global Bhd (KL:HEXTAR), has been appointed as an exclusive distributor of Petromin’s premium lubricant in Malaysia.

Hextar Global to sell Petromin lubricants in Malaysia 

Takaful Ikhlas General Bhd, a wholly owned subsidiary of MNRB Holdings Bhd (KL:MNRB), recorded its highest surplus distribution of RM6.3 million for the financial year ended March 31, 2024.&nbsp;

MNRB's Takaful Ikhlas posts highest annual surplus distribution of RM6.3m

Eco World Development Group Bhd (KL:ECOWLD) posted a 15.4% year-on-year (y-o-y) increase in net profit for the first quarter ended Jan 31, 2025 (1QFY2025) to RM80.34 million, driven by two major industrial land sales and stronger contributions from its projects in Johor.

Industrial land sales boost EcoWorld net profit in 1QFY2025; declares one sen interim dividend

US stock indexes dropped on Thursday, as worries about the repercussions of an ongoing global trade war resurfaced, a day after the Federal Reserve left interest rate steady but warned of an uncertain economic backdrop.

Wall Street trips as tariff concerns resurface; US Fed boost short-lived 

Pelaburan Hartanah Bhd’s (PHB) net profit&nbsp;for the financial year ended Dec 31, 2024 (FY2024) more than tripled&nbsp;to RM117.2 million, from&nbsp;RM31.7 million in the previous year.&nbsp;

Pelaburan Hartanah's net profit more than triples to RM117m in FY2024

Nasdaq-listed Founder Group Bhd, a subsidiary of Reservoir Link Energy Bhd (KL:RL), has secured a RM11.6 million contract to build a rooftop solar generating facility in Malaysia.

Reservoir Link unit secures RM11.6m contract to build rooftop solar generating facility 

Scanwolf Corporation Bhd’s (KL:SCNWOLF) wholly owned subsidiary&nbsp;Scanwolf Builder Sdn Bhd has secured a RM42 million contract from Fixus Construction Sdn Bhd for sub-structure works on a commercial development in Jalan Ampang, Kuala Lumpur.

Scanwolf Corp unit secures RM42m construction contract

Scanwolf Corp Bhd (KL:SCNWOLF) has secured a RM42 million contract for sub-structure works on two commercial blocks in Jalan Ampang in a related-party transaction (RPT).

Scanwolf secures RM42 mil sub-structure contract for mixed-use project in KL in related-party deal

Apollo Global Management co-founder Marc Rowan will be called to testify for the defence in Charlie Javice’s trial on charges that she defrauded JPMorgan Chase &amp; Co in the bank’s US$175 million (RM775.75 million) acquisition of her student-finance startup, Frank.

Apollo’s Rowan to be first defence witness at Javice fraud trial

Elon Musk is suing India’s government over content regulation and censorship of X, a surprise move for a billionaire trying to negotiate access for Tesla Inc&nbsp;and Starlink.

Musk sues India’s govt over content regulation, censorship of X

Apple is losing more than US$1 billion (RM4.4 billion) a year on its streaming service Apple TV+, the Information reported on Thursday, citing two people familiar with the matter.

Apple losing over US$1b a year on streaming service — report

The Transport Ministry (MOT) is drafting the national action plan on reduction of greenhouse gas emission from ships and ports to strengthen efforts in decarbonising the maritime sector.

The ministry said the action plan outlines short, medium, and long-term measures to ensure compliance with the targets set by the International Maritime Organization (IMO).

MOT drafts action plan to reduce greenhouse gas emissions from ships, ports

Asian equities were primed to track declines on Wall Street as traders weighed the impact of a trade war against robust US housing and jobs data.

Lloyd’s Register, the maritime society formed in a London coffee house in 1760, has put its modern glass headquarters up for sale as it prepares to move back into the property built to house it more than a century ago.

CoreWeave Inc, a cloud-computing provider that’s one of the hottest startups in artificial intelligence (AI), and some of its investors are seeking to raise as much as US$2.7 billion in an initial public offering (IPO).

A safety warning system went off in a Delta Air Lines regional jet before it landed and flipped belly-up at Canada's largest airport in February, indicating a fast rate of descent, the country's Transportation Safety Board (TSB) said on Thursday in a preliminary report on the accident.

The Edge Billion Ringgit Club 2019

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The Edge Billion Ringgit Club 2019

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