The article has been edited to take into consideration Heineken Malaysia Bhd’s name change.

The Covid-19 pandemic has changed the way people work, interact and celebrate key events. This year, The Edge Media Group and its partners are celebrating Corporate Malaysia’s best-performing companies at the 11th annual The Edge Billion Ringgit Club (BRC) Awards — sans the prestigious gala awards dinner for the first time, owing to the ongoing Conditional Movement Control Order (CMCO) in the Klang Valley.

Recognising corporate excellence for the 11th year

Money & Me participants from SMK Lembah Keramat at the prize-giving event on Sept 28, 2019. The school emerged tops in the Schools category...

Financial education in the Covid-19 era

Maxis Bhd’s move to start setting aside RM1 billion for what it calls “growth capex” some two years back to reach enterprise customers proved prescient this year as the world went through various degrees of lockdown to counter the Covid-19 pandemic. The pandemic means that businesses have little ...

Highest return on equity over three years: SUPER BIG CAP (ABOVE RM40 BILLION MARKET CAPITALISATION): Maxis Bhd - Decent returns from strong cash flow

With Petroliam Nasional Bhd (Petronas) controlling 57.56% equity interest in MISC Bhd, it is no wonder that the shipping company has performed well financially. As the transportation arm of the national oil company, MISC’s earnings are linked to the former’s contracts, with any other jobs being a bonus.

Highest Returns to Shareholders over three years: Transportation & Logistics: MISC Bhd - Performing despite challenging business environment

It has been a tough few years for banks, so it is to Malaysia Building Society Bhd (MBSB)’s credit that it has managed to register solid earnings growth over the last three years.

It was only a few years ago that MBSB, previously a non-bank lender, became a full-fledged bank. It obtaine...

Highest growth in profit after tax over three years: Financial Services (below RM10 billion market capitalisation): Malaysia Building Society Bhd - solid earnings growth before Covid-19 impact 

Public Bank Bhd has won the award for the highest return on equity (ROE) over three years, for the period between the financial year ended Dec 31, 2017 (FY2017) and FY2019.

This is the third consecutive year that Public Bank has bagged the prestigious The Edge Billion Ringgit Club award...

Highest return on equity over three years: FINANCIAL SERVICES (RM10 billion and above market capitalisation): Public Bank Bhd - Highest ROE three years in a row

Syarikat Takaful Malaysia Keluarga Bhd (STMKB) has scored its second consecutive double win in the financial services category for companies with a market capitalisation of below RM10 billion.

For the second year in a row, STMKB took home The Edge Billion Ringgit Club award for the high...

Highest return on equity over three years, Highest returns to shareholders over three years: Financial Services (below RM10 billion market capitalisation): Syarikat Takaful Malaysia Keluarga Bhd - Delivering sustainable shareholder value with another doub

Petron Malaysia Refining & Marketing Bhd has been consistently paying dividends out of its earnings over the last five years, handing out 18% of its net profit as dividends last year.

During the past three-year period, however, Petron’s dividend payments have fallen from 25 sen per ...

Highest return on equity over three years: Energy: Petron Malaysia Refining & Marketing Bhd - Headwinds still abound

Founded by the late Tan Sri Lee Shin Cheng, IOI Corp Bhd remains the leading player in the plantation industry, which has been battered by weak palm product prices in recent years and slowdown in economic activity.

Despite its three-year compound annual growth rate for profit after tax ...

Highest return on equity over three years, Highest growth in profit after tax over three years: Plantation: IOI Corp Bhd - On strong footing despite market headwinds

Despite lower average crude palm oil prices in 2019 — from RM2,771 per tonne in 2017 to RM2,122 per tonne — Far East Holdings Bhd managed to deliver consistent returns to its shareholders.

From its closing price of RM2.02 on June 30, 2017, the counter appreciated 27% to RM2.57 on June 2...

Highest returns to shareholders over three years: Plantation: Far East Holdings Bhd - Consistent returns despite lower CPO prices

In the doldrums for many years now, the property industry lacks investor interest. Although it may seem a “boring” sector at times — especially after the property boom between 2010 and 2015 — it is worth noting that there are developers that work hard to justify the trust that investors place in ...

Highest return on equity over three years: Property (RM3 billion and above market capitalisation): UOA Development Bhd - Chugging along in difficult times

Dufu Technology Corp Bhd is a Taiwanese-run firm that supplies disk spacers and other precision components to the hard disk drive (HDD) industry.

The Penang-based, Main Market-listed company walked away with The Edge Billion Ringgit Club (BRC) award for the highest returns to shareholde...

Highest Returns to Shareholders over three years: INDUSTRIAL PRODUCTS & SERVICES: Dufu Technology Corp Bhd - Joining The Big Boys’ Club

Prai-based electronic control systems maker Uchi Technologies Bhd walked away with the award for highest return on equity (ROE) over three years for the industrial products and services sector at The Edge Billion Ringgit Club Corporate Awards.

Uchi’s return on shareholders’ equity was 2...

Highest return on equity over three years: INDUSTRIAL PRODUCTS & SERVICES: Uchi Technologies Bhd - ROE never stops growing

Kuan Kam Hon, founder and executive chairman of Hartalega Holdings Bhd, could still have made it big if he had stayed at his father’s company and continued to build homes around Kuala Lumpur. Malaysia, however, may not have seen the kind of innovation in nitrile gloves had he remained at Kuan Yue...

Highest growth in profit after tax over three years, Highest return on equity over three years: SUPER BIG CAP (ABOVE RM40 BILLION MARKET CAPITALISATION) - Healthcare: Hartalega Holdings Bhd -  Making profits responsibly

Prime Minister Datuk Seri Anwar Ibrahim will undertake a three-day working visit to the United Arab Emirates (UAE) beginning Sunday, focusing on strengthening regional cooperation in Malaysia’s capacity as 2025 Asean chair.

Anwar heads to UAE, seeks stronger regional ties as Asean chair

Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new US sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said.

Tougher US sanctions to curb Russian oil supply to China and India 

South Korea's impeached President Yoon Suk Yeol will not attend the first formal hearing of the trial to determine if he is removed from office or reinstated because of concerns about his safety, Yonhap News reported citing his lawyer.

South Korea Yoon's lawyer says president will not attend first impeachment trial hearing — report

Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim will participate in the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland.

WEF confirms Anwar’s participation in 2025 annual meeting

The Biden administration delayed until June an order for Nippon Steel to abandon its US$14.9 billion (RM67 billion) bid for US Steel, the companies said on Saturday, giving them some time to revive the politically contentious deal.

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

Scott Bessent, the investor selected by President-elect Donald Trump to be his Treasury secretary, will divest from his Key Square Group hedge fund and other investments, according to a letter to the Treasury Department's ethics office.

Trump Treasury pick Bessent to divest assets to avoid conflicts

Apple's board of directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programmes, according to a proxy filing from the company.

Apple's board recommends shareholders vote against proposal to eliminate diversity programmes

US special counsel Jack Smith, who led the federal cases against Donald Trump on charges of trying to overturn his 2020 election defeat and mishandling of classified documents, has resigned, as the Republican president-elect prepared to return to the White House.

Trump prosecutor Jack Smith resigns from Justice Department

The devastating Palisades Fire pushed to the northeast, prompting new evacuations in the ultra-affluent Southern California neighbourhoods of Brentwood and Bel Air as the threat of more dry winds raised risks after a brief respite.

Los Angeles fire pushes northeast to threaten Bel Air, Brentwood

Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further rate cuts.

US inflation set to back Fed pause after robust jobs data