Good evening, ladies and gentlemen.

Thank you, Tan Sri Tong Kooi Ong and The Edge, for inviting me to this evening’s gala dinner to recognise and celebrate the best-performing companies on Bursa Malaysia.

Since The Edge Billion Ringgit Club began in 2010, I understand that las...

Invest to build back better

Welcome address by Yang Berbahagia Tan Sri Tong Kooi Ong, chairman, The Edge Media Group

Yang Berhormat Senator Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz, Minister of Finance, Tan Sri-Tan Sri, Puan Sri-Puan Sri, Datuk-Datuk, Datin-Datin, Members of The Edge Billion Ringgit Cl...

Celebrating success, resilience and social responsibility

Gamuda Bhd is among only 12 The Edge Billion Ringgit Club (BRC) members that have not only won corporate awards but also been recognised for their corporate responsibility (CR) efforts. This is the second time the company has won a BRC CR award, the first time being in 2016.

BEST CR Initiatives: Below RM10 Bil Market Capitalisation (Joint Winner): Gamuda Bhd - Clear measurements demonstrate weight of sustainability goals

Since its inception in 1974, Sunway Bhd has prioritised sustainability long before sustainable development became a global concern. This long journey has culminated in the company’s walking away with The Edge Billion Ringgit Club (BRC) award for Best CR Initiatives: Below RM10 Billion Market Capitalisation.

BEST CR Initiatives: Below RM10 Bil Market Capitalisation (Joint Winner): Sunway Bhd - More than just going green

Mid Valley Megamall (MVM), one of the two core assets of IGB Real Estate Investment Trust (IGB REIT), was built during the Asian financial crisis. The group’s massive i...

Highest return on equity over three years: REIT: IGB REIT - Fundamentals remain intact despite Covid-19 shockwave

Scientex Bhd’s continuous growth pattern, which began in 2009, was not disrupted by the Covid-19 pandemic, which has wreaked havoc on the global economy. Despite the ha...

Highest growth in profit after tax over three years: Industrial Products & Services: Scientex Bhd - Uninterrupted record-breaking earnings

For the second consecutive year, Penang-based Dufu Technology Corp Bhd walks away with The Edge Billion Ringgit Club (BRC) award for the highest returns to share...

Highest Returns to Shareholders over three years: Industrial Products & Services: Dufu Technology Corp Bhd - Growing from strength to strength

United Plantations Bhd made its debut on The Edge Billion Ringgit Club (BRC) in 2016 when its sustainable initiatives saw it bagging the Best CR Initiatives: ...

Highest return on equity over three years, Highest growth in profit after tax over three years: Plantations: United Plantations Bhd - Highest ROE and profit growth cultivated in Jendarata

D&O Green Technologies Bhd started attracting interest during the first Movement Control Order in March 2020, when fears of the Covid-19 pandemic spread globally.

Highest growth in profit after tax over three years (joint winner): Technology: D&O Green Technologies Bhd - Pushed by green trend into strong growth era

The domestic property sector has yet to regain its lustre after the previous boom, having suffered a slowdown for five years. 

The Covid-19 pandemic has only ...

Highest Returns to Shareholders over three years: Property — below RM3 bil market capitalisation: YNH Property Bhd - Share price rally that outshines others

While the outbreak of Covid-19 has affected many industries over the past two years, Frontken Corp Bhd has not been fazed by the headwinds brought about by the pandemic, as demand for its services grew amid the push for digitalisation.

Highest growth in profit after tax over three years  (joint winner), Highest Returns to Shareholders over three years: Technology: Frontken Corp Bhd - Riding the digitalisation wave for greater growth

Axis Real Estate Investment Trust (Axis REIT), which has a dominant position in the industrial/warehousing space, has continued to uphold its status as an investment s...

Highest growth in profit after tax over three years, Highest Returns to Shareholders over three years: REIT: Axis REIT - Still defensive in face of headwind

Far East Holdings is not often mentioned in the same breath as plantation giants Sime Darby Plantation Bhd, IOI Corp Bhd or Kuala Lumpur Kepong Bhd because of its small...

Highest Returns to Shareholders over three years: Plantation: Far East Holdings Bhd - Higher CPO prices drive performance

For a third straight year, Gas Malaysia Bhd has won The Edge Billion Ringgit Club award for the highest return on equity (ROE) over three years in the utilities sector....

Highest return on equity over three years: Utilities: Gas Malaysia Bhd: Resilient company scores hat-trick on ROE

Global shares rose on Friday as wild volatility in bond and currency markets eased and oil prices fell, while weaker-than-forecast US jobs data scuppered chances of a rate hike from the Federal Reserve later this month.

Global shares gain, bonds supported as oil drops, jobs data misses expectations

President Donald Trump said a US deal with South Korea now includes US$8.4 billion for an oil recovery project.

"I am thrilled to announce the Republic of Korea Deal keeps getting BETTER! 8.4 Billion Dollars for an enhanced Oil Recovery Project. Producing more Oil and Gas means American Energy Dominance and Energy Security in the World for the Future!," Trump wrote on Truth Social.

Trump says US deal with South Korea includes US$8.4 billion for oil recovery

E5: JPJ suspends MyEG, Zetrix AI’s services

US job growth slowed more than expected in September, but that likely does not signal a material shift in the labour market, with the weakness likely related to a calendar quirk.

Nonfarm payrolls increased by 29,000 jobs last month after a downwardly revised 133,000 rise in August, the Labor Department's closely watched employment report showed on Friday. Economists polled by Reuters had forecast payrolls advancing 90,000 after a previously reported 162,000 surge in August.

US job growth slows sharply in September; unemployment rate rises to 4.2%

A weekly round-up of tanker and dry bulk market (Oct 2, 2026)

Baltic Exchange shipping updates: Oct 2, 2026

Mercedes-AMG F1 takes over Kuala Lumpur | Recap

China's antitrust regulator has asked Anglo American to commit to supply the country with a steady flow of copper concentrate as a condition for approving its proposed US$54 billion merger with Canada's Teck Resources, three people aware of the development said.

China demands copper supply commitments for Anglo Teck merger approval, sources say

Broadcom Inc’s Wall Street syndicate is starting to gather US$60 billion (RM245 billion) of fresh artificial intelligence (AI) chip financing to benefit Anthropic PBC and other companies, according to people with knowledge of the matter.

Broadcom said to be amassing US$60 bil to fund chips for Anthropic

The pilots who fought in the cockpit of a FlyDubai jet during an apparent murder-suicide mission were moved to the United Arab Emirates (UAE) for further questioning while investigators seek additional information from the plane’s voice and data recorders to replay the fateful final hour of the flight.

FlyDubai pilots moved to UAE as investigators seek more clues

Chinese e-commerce giant JD.com is set to secure European Union approval for its US$2.5 billion bid for German electronics retailer Ceconomy after it tweaked its remedies to address regulators' concerns, a person familiar with the matter said.

JD.com set to win EU approval for Ceconomy deal, source says

KUALA LUMPUR (Oct 2): Zetrix AI Bhd (KL:ZETRIX) owes the government over RM200 million as the digital services firm failed to remit the money collected from its customers, The Straits Times reported on Friday.

Transport Ministry confirms to The Edge that Zetrix AI owes JPJ over RM200 mil

KUALA LUMPUR (Oct 2): Country Heights Holdings Bhd (KL:CHHB) said its 80.90%-owned subsidiary Golden Horse Palace Bhd (GHPB) has been served with a winding-up petition over two outstanding Industrial Court awards.

Palace of the Golden Horses operator served winding-up petition over industrial court award claim

PUTRAJAYA (Oct 2): Berjaya Hills Resorts Bhd has filed leave to appeal to the Federal Court, over the Court of Appeal’s decision on July 16, which had ruled that state governments have the authority to determine quit rent rates without having to obtain approval from the National Land Council (NLC).

Berjaya Hills obtains stay against Pahang govt’s land forfeiture, also lodges appeal to apex court

The Road Transport Department (JPJ) will suspend MyEG Sdn Bhd and Zetrix AI Bhd (KL:ZETRIX), both under MYEG Group, as its collection agents effective 12.01am on Oct 5, 2026.

JPJ suspends MYEG Group’s services as collection agent from Oct 5

Prime Minister Datuk Seri Anwar Ibrahim’s PKR has lost another member of Parliament after Petaling Jaya MP Lee Chean Chung announced his resignation from the seat on Friday.

Lee Chean Chung resigns as Petaling Jaya MP, leaving PKR with only 27 seats

KUALA LUMPUR (Oct 2): American manufacturers operating in Malaysia are reducing their reliance on Chinese inputs and turning to local suppliers as they adapt to pressure from US tariffs, according to a survey.

US manufacturers in Malaysia shift to local suppliers, cut Chinese inputs amid tariffs, survey shows

Zetrix AI Bhd's (KL:ZETRIX) shares fell to a 13-year low of 10 sen in intraday trade on Friday following reports that the company owes the government more than RM200 million it had collected on behalf of the Road Transport Department (popularly known as JPJ).

Zetrix AI falls to 13-year low of 10 sen following reports it owes JPJ RM200m

Selling pressure on Malaysian large-cap stocks could persist over the next one to three months amid cautious global sentiment but is unlikely to trigger a sharp market correction, according to BIMB Securities.

KLCI selling pressure may persist, but sharp correction unlikely — analysts

（吉隆坡2日讯）据《海峡时报》周五报道，数字服务公司Zetrix AI Bhd（KL:ZETRIX）拖欠政府逾2亿令吉，原因是该公司没有上缴向客户收取的款项。

交通部向The Edge证实 Zetrix AI欠JPJ超过2亿

BENGALURU (Oct 2): Amazon is seeking to offload about US$8 billion of advanced Nvidia&nbsp;chips to investors through a new vehicle to strengthen its balance sheet, the Financial Times reported on Friday, citing people familiar with the matter.

Amazon seeks to offload US$8 bil of Nvidia chips to investors, FT reports

PETRONAS Chemicals Group Bhd (KL:PCHEM) announced on Friday that its chief executive officer Mazuin Ismail will retire effective Jan 1, 2027.

PETRONAS Chemicals announces CEO's retirement, Izwan Ismail to take over effective Jan 1, 2027

(Oct 2):&nbsp;A US lawmaker has called on Starbucks to close its first stores in China's Xinjiang, calling it a "morally bankrupt decision" to do business in a region where Uyghurs face repression.

US congressman demands Starbucks close its first stores in China's Xinjiang

Tenaga Nasional Bhd’s (TNB) (KL:TENAGA) customers who use up to 800 kilowatt-hours (kWh) of electricity per month will receive a pro-rata credit for the September bill adjustment, which will be credited directly to their October 2026 electricity bills.

Customers to get pro-rata credit in October 2026 bills, says TNB

Zhi Ge, the alleged leader of an international insider trading ring, lost his court challenge against a US extradition request.

Singaporean insider trading suspect loses extradition fight

Berjaya Hills Resort Bhd, part of Berjaya Corp Bhd (KL:BJCORP), said the enforcement on its properties by the Pahang authorities was “unconscionable and totally unacceptable”.

Berjaya calls enforcement on its hill resort ‘unconscionable and totally unacceptable’ amid quit rent hike dispute

THE government will have to find more fiscal space without slapping on new taxes under Budget 2027. High energy prices are eating into some of the savings from subsidy reforms even as Putrajaya wants to cushion households, invest for growth and continue narrowing the fiscal deficit.

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Cover Story 1: Experts expect Putrajaya to sweat existing tax system 

KUALA LUMPUR (Oct 2): IOI Properties Group Bhd's (KL:IOIPG) second attempt at Shenton House is drawing less analyst concern now that the group has a clearer capital-recycling path through its Malaysian REIT and a potential Singapore REIT.

IOI Properties' second bid on Shenton House draws less caution as REITs open capital-recycling route — analysts

Malaysia’s top 100 technology start-ups identified by Cradle Fund Sdn Bhd collectively generated RM8.5 billion in revenue in the financial year 2024, with an average compound annual growth rate of 87% between 2021 and 2024.

Top 100 start-ups generate RM8.5 bil in revenue

Petroliam Nasional Bhd’s (PETRONAS) capital allocation could come under pressure if the government seeks larger dividend contributions from the state-owned oil firm to offset higher fuel subsidy costs, according to BIMB Securities.

Larger PETRONAS dividend may weigh on long-term capital allocation — BIMB Securities

The first apartment came up for auction and nobody moved.

The Edge Billion Ringgit Club 2021

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The Edge Billion Ringgit Club 2021

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