HIGHEST RETURNS TO SHAREHOLDERS OVER THREE YEARS, HIGHEST GROWTH IN PROFIT AFTER TAX OVER THREE YEARS: TELECOMMUNICATIONS & MEDIA: Telekom Malaysia Bhd - Accelerating Malaysia’s digital connectivity

Uchi Technologies 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,...

HIGHEST RETURN ON EQUITY OVER THREE YEARS: INDUSTRIAL PRODUCTS & SERVICES: Uchi Technologies Bhd - Delivering commendable returns from strong exports

Yang Berbahagia Tan Sri Datuk Tong Kooi Ong, chairman of The Edge Media Group; Yang Berbahagia Datuk Ho Kay Tat, publisher and group CEO of The Edge Media Group, award winners, distinguished guests of The Edge Billion Ringgit Club Awards 2022, ladies and gentlemen.

Creating a sustainable and resilient economy by embracing ESG

Highest return on equity over three years: Consumer Products & Services: Carlsberg Brewery Malaysia Bhd - Returns give reason for cheer

Southeast Asia’s largest integrated aluminium producer, Press Metal Aluminium Holdings Bhd, has grown by leaps and bounds since it began its journ...

BEST CR INITIATIVES: SUPER BIG CAP — ABOVE RM40 BILLION MARKET CAPITALISATION: Press Metal Aluminium Holdings Bhd - Growing responsibly towards a sustainable future for all

Gas Malaysia Bhd has won The Edge Billion Ringgit Club award for highest return on equity (ROE) in the utilities sector for the fourth straight year. The group’s ROE remains on an upward trend, having risen from 18.4% in the financial year ended Dec 31, 2019 (FY2019) to 20% in FY2020 and 22.6% in FY2021. This translated into an adjusted weighted ROE of 21% over the three years — the best in class for the sector — according to the awards methodology.

Highest return on equity over three years: Utilities: Gas Malaysia Bhd - Outstanding outperformer with fourth straight win

Over many years of being a judge for the corporate responsibility (CR) segment of The Edge Billion Ringgit Club (BRC) and Corporate Awards, it has been both humbling and inspiring to see how much Malaysia’s largest listed companies have contributed to the well-being of Malaysians and the nation.<...

Doing well and doing good - Nation’s largest listed companies contribute millions every year to the well-being of Malaysians and Malaysia

YNH Property Bhd’s stock has gained more than 52% since early March this year and hit a multi-year high of RM4.09 on Oct 21. The run in the stock has been a steady one, and in stark contrast to the Bursa Malaysia Property Index, the benchmark for property development companies, which slumped to 599.99 points on Oct 21, its lowest in almost two years.

Highest Returns to Shareholders over three years: Property (below RM3 bil market capitalisation): YNH Property Bhd - Enviable share price rally

When KPJ Healthcare Bhd turned 40 in 2021, the healthcare provider commemorated the event by doing what it does best — caring for lives amid ongoing Covid-19 challenges while championing its sustainability agenda and balancing its economic ambitions with social and environmental considerations.

BEST CR Initiatives: BELOW RM10 BILLION MARKET CAPITALISATION: KPJ Healthcare Bhd - Caring for lives sustainably

This is the third time Sime Darby Bhd has won The Edge Billion Ringgit Club Best CR Initiatives award. It bagged the first one in its previous incarnation in 2014 and thereafter in 2018, not long after it drew up its Human Rights Charter in FY2016, which incorporated the Protect, Respect and Remedy framework outlined by the United Nations Human Rights Council. At the time, it won the award jointly with Sime Darby Plantations Bhd, which also adopted the charter following their demerger in November 2017.

BEST CR Initiatives: BIG CAP — RM10 BILLION TO RM40 BILLION MARKET CAPITALISATION: Sime Darby Bhd - A blueprint that strengthens its commitment to the highest ESG standards

Companies that were scored highly on corporate responsibility (CR) initiatives this year showed clear measurement of lasting impact for multi-stakeholders, says The Edge Billion Ringgit Club (BRC) panel of CR judges.

Jeffrey Teoh, managing director and head of corporate and commercial b...

Lasting impact of sustainability initiatives for multi-stakeholders

Being one of the few financial institutions that focus on the civil servants’ market, RCE Capital Bhd is seen as a financial institution with stable income, ...

HIGHEST RETURNS TO SHAREHOLDERS OVER THREE YEARS: FINANCIAL SERVICES (BELOW RM10 BIL MARKET CAPITALISATION): RCE Capital Bhd - Committed to growing quality financing, eyes digital expansion

In the energy sector, oil and gas stalwart Bumi Armada Bhd bags the accolade for the highest returns to shareholders over a three-year period. Bumi Armada shares chalked up a three-year compound annual growth rate (CAGR) of 29.2% as it rose from 19 sen as at end-March 2019 to 41 sen at end-March 2022, largely maintaining its gains from a year ago.

Highest Returns to Shareholders over three years: Energy: Bumi Armada Bhd - Robust returns on the back of higher oil prices

United Plantations Bhd (UP) is no stranger to The Edge Billion Ringgit Club (BRC) awards, being among the winners in 2010 when the awards began and recognised for its efforts in corporate responsibility more than once.

Highest return on equity over three years: Plantation: United Plantations Bhd - Bumper returns from responsible planter

A total of 7,448 job placements for Sabah residents have been successfully implemented as of Sept 27, thanks to various efforts by the government through the Social Security Organisation (Perkeso) and other involved agencies.

Hajiji: Over 7,000 jobs created for Sabah residents

China is studying further trade measures against Taiwan, China's Ministry of Commerce said on Saturday, two days after Beijing denounced a speech by Taiwan President Lai Ching-te.

China threatens Taiwan with more trade measures after denouncing president's speech

China urged the European Union on Saturday not to conduct separate negotiations over the price of China-made electric vehicles sold in the EU, warning that this would "shake the foundations" of bilateral tariff negotiations.

China warns EU against separate electric vehicle price negotiations

Executives of some of Britain’s most valuable and fast-growing financial technology firms warned the Labour government that London could fall behind in the fintech world if the UK fails to address some of the industry’s key concerns, including the challenges they see with share listings and regulators’ speed in decision-making.

UK’s fintech darlings push govt to back growth, IPO dreams

Hong Kong’s leader is set to announce measures to bolster the city’s standing as a global financial hub when he makes a key policy address next week, the South China Morning Post reported, citing unidentified sources.

HK’s Lee to unveil steps to boost financial hub role, SCMP says

The Agriculture and Food Security Ministry (KPKM) guarantees that the rice supply in local markets will not be affected despite the flood situation in Kedah and Perlis, impacting approximately 6,000 hectares of the country's paddy production areas.

Agriculture Ministry assures country's rice supply is sufficient

The Tourism, Arts and Culture Ministry (Motac) has launched an investigation to identify Malaysia My Second Home (MM2H) agents responsible for spreading misinformation regarding the programme.

Motac launches investigation to identify agents spreading wrong info about MM2H programme

TikTok's move to reduce its employees will not affect its operations and the company is cooperating with the authorities in this country, especially in the aspects of research and screening of content and live sessions.

Fahmi: TikTok's operations in Malaysia not affected by staff lay-offs, cooperating with authorities

The government is expected to allocate a higher development expenditure (DE) of RM94.5 billion in Budget 2025, from RM88.5 billion in 2024’s forecast, to boost infrastructure play, said Kenanga Investment Bank Bhd (Kenanga IB).

Kenanga IB expects govt to raise development expenditure in Budget 2025

The King and Queen of Malaysia, Sultan Ibrahim Sultan Iskandar and Raja Zarith Sofiah, will undertake a state visit to Brunei on Sunday until Oct 15, marking the Agong’s inaugural state visit to the sultanate since ascending the throne on Jan 31 this year.

King, Queen of Malaysia to undertake state visit to Brunei on Sunday

The acquisition of MASwings Sdn Bhd by the Sarawak government is expected to be finalised soon, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Abang Johari: Acquisition of MASwings to be finalised soon

BYD Co, China’s bestselling car brand, may initially offer electric vehicles (EVs) in Germany for between €25,000 (US$27,340 or RM117,386) and €30,000, executive vice president Stella Li said in a newspaper interview.

BYD to woo European electric vehicle buyers, but not for less than €25,000

Minister in the Prime Minister's Department (Federal Territories) Dr Zaliha Mustafa held discussions with two prominent global companies, Huawei Technologies Co Ltd and BYD, to explore smart collaboration aimed at fostering sustainable development within the Federal Territories.

Federal Territories to explore smart collaboration with Huawei, BYD, says Zaliha

TikTok's move to reduce its employees will not affect its operations and the company is cooperating with the authorities in this country, especially in the aspects of research and screening of content and live sessions.

Avaland Bhd (KL:AVALAND) officially opened the sales gallery of Avenue25 and previewed Tower B of Alora Residences serviced apartments in Subang Jaya, Selangor, on Saturday.

Avaland opens Avenue25 sales gallery in Subang Jaya, previews Alora Residences Tower B

The government is expected to allocate a higher development expenditure (DE) of RM94.5 billion in Budget 2025, from RM88.5 billion in 2024’s forecast, to boost infrastructure play, said Kenanga Investment Bank Bhd (Kenanga IB).

India has surged to become the second-biggest supplier of restricted critical technologies to Russia, US and European officials said, highlighting the challenge in efforts to choke off exports fuelling President Vladimir Putin’s war machine.

India is now Russia’s No 2 supplier of restricted technology

The Tourism, Arts and Culture Ministry (Motac) has launched an investigation to identify Malaysia My Second Home (MM2H) agents responsible for spreading misinformation regarding the programme.

The King and Queen of Malaysia, Sultan Ibrahim Sultan Iskandar and Raja Zarith Sofiah, will undertake a state visit to Brunei on Sunday until Oct 15, marking the Agong’s inaugural state visit to the sultanate since ascending the throne on Jan 31 this year.

New Zealand’s government said it will loosen investment rules in a bid to attract more foreign capital and boost productivity growth.

The Overseas Investment Act will be amended next year to reverse the presumption that putting money into New Zealand is a privilege and that investors must justify their transaction to the government, Associate Finance Minister David Seymour said Saturday in Wellington.

New Zealand will ease foreign investment laws to attract capital

China urged the European Union on Saturday not to conduct separate negotiations over the price of China-made electric vehicles sold in the EU, warning that this would "shake the foundations" of bilateral tariff negotiations.

China is studying further trade measures against Taiwan, China's Ministry of Commerce said on Saturday, two days after Beijing denounced a speech by Taiwan President Lai Ching-te.

The Malaysia Digital Economy Corporation (MDEC) said it expects to attract export opportunities worth RM300 million from its participation at this year's Gulf Information Technology Exhibition (GITEX) Global and Expand North Star (ENS) in Dubai.

MDEC eyes RM300 mil in export opportunities at GITEX Global tech event in Dubai

Hong Kong’s leader is set to announce measures to bolster the city’s standing as a global financial hub when he makes a key policy address next week, the South China Morning Post reported, citing unidentified sources.

Educational leaders and administrators are urged to harness the latest technological advancements, particularly artificial intelligence (AI), to avoid falling behind and to equip students for success in a rapidly evolving global landscape.

Education leaders urged to embrace AI in preparing future generations

The Agriculture and Food Security Ministry (KPKM) guarantees that the rice supply in local markets will not be affected despite the flood situation in Kedah and Perlis, impacting approximately 6,000 hectares of the country's paddy production areas.

Japanese Prime Minister Shigeru Ishiba said on Saturday he would not intervene in monetary policy affairs, as the central bank is mandated to achieve price stability.

Japan PM Ishiba says he won't intervene in BOJ's rate policy

Executives of some of Britain’s most valuable and fast-growing financial technology firms warned the Labour government that London could fall behind in the fintech world if the UK fails to address some of the industry’s key concerns, including the challenges they see with share listings and regulators’ speed in decision-making.

A total of 7,448 job placements for Sabah residents have been successfully implemented as of Sept 27, thanks to various efforts by the government through the Social Security Organisation (Perkeso) and other involved agencies.

The Edge Billion Ringgit Club 2022

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The Edge Billion Ringgit Club 2022

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