Capital gains are an important aspect of investing for those who buy into a company on the stock market. Hence, those who invested early in Kobay Tec...

HIGHEST RETURNS TO SHAREHOLDERS OVER THREE YEARS: INDUSTRIAL PRODUCTS & SERVICES: Kobay Technology Bhd - Rewarding shareholders with capital appreciation

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

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

"The values [of the company] started with [my father’s] values, which continue in the company — honesty, ha...

Value Creator: Outstanding CEO of Malaysia: Tan Sri Lee Oi Hian Chairman of Batu Kawan Bhd and CEO of Kuala Lumpur Kepong Bhd - A humbling but deserving win

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

Kuala Lumpur Kepong Bhd registered a record-breaking net profit of RM2.26 billion for its financial year ended Sept 30, 2021, more than doubling t...

Highest growth in profit after tax over three years: Big Cap Companies — RM10 billion to RM40 billion market capitalisation Plantation: Kuala Lumpur Kepong Bhd - Reaping the fruits of strategic moves

Yang Berhormat Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz, Minister of Finance Malaysia, Tan Sri-Tan Sri, Puan Sri-Puan Sri, Datuk Seri-Datuk Seri, Datin Seri-Datin Seri, Datuk-Datuk, Datin-Datin, members of the Billion Ringgit Club and the media, our partners, friends and colleagues.

Bringing out the best in each company 

Once again, Axis Real Estate Investment Trust (Axis REIT) has proved its resilience among peers in the face of disruptions from the Covid-19 pandemic and global economic headwinds. It won the same two The Edge Billion Ringgit Club (BRC) awards in the REIT sector for a second consecutive year.

Highest growth in profit after tax over three years, Highest Returns to Shareholders over three years: Real estate investment trust: Axis REIT - Steady income amid challenging landscape

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

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

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

Even as healthcare frontliners battled to save lives amid the Covid-19 pandemic, professionals in the healthcare industry looking at different set...

Highest growth in profit after tax over three years: Super big cap — above RM40 billion market capitalisation: IHH Healthcare Bhd - Bouncing back stronger after a bumpy year

With a risk-weighted three-year profit after tax (PAT) compound annual growth rate of 60.4% over the awards review period, Sunway Bhd outperformed its peers in the...

HIGHEST GROWTH IN PROFIT AFTER TAX OVER THREE YEARS: INDUSTRIAL PRODUCTS & SERVICES: Sunway Bhd - Healthcare business gains traction

Energy shipping firm MISC Bhd has certainly emerged stronger from the challenges it faced in chaotic 2018 that further pushed it to grow its base of predictable income to secure its business as market cycles became shorter and more volatile.

Highest Returns to Shareholders over three years: TRANSPORTATION & LOGISTICS: MISC Bhd - Striking the right balance between risk and reward

The government successfully saved almost RM1 million in the flight cost for the official delegation led by Prime Minister Datuk Seri Anwar Ibrahim to five countries recently, said Communications Minister Fahmi Fadzil.

Fahmi: Govt saves nearly RM1 mil in Anwar's flight cost for visits to five countries

Eurozone business activity took a surprisingly sharp turn for the worse this month as the bloc's dominant services industry contracted and manufacturing sank deeper into recession, a survey showed on Friday.

Eurozone business activity falls sharply in November, survey shows

Solarvest Holdings Bhd (KL:SLVEST)’s wholly owned subsidiary Atlantic Blue Sdn Bhd has been awarded a RM142 million engineering, procurement, construction and commissioning (EPCC) contract from SM01 Sdn Bhd, a special purpose vehicle (SPV) in which the group owns a 33% stake.

Solarvest bags RM142 mil EPCC job for 30MWac solar plant in Kedah

Taiwan President Lai Ching-te will visit Taipei's three remaining diplomatic allies in the Pacific on a trip starting at the end of the month, his office said on Friday, but the government declined to give details on US transit stops.

Taiwan's president to visit Pacific allies, no details on US transits

Sunway Bhd (KL:SUNWAY) became the best performing constituent member of the FBM KLCI index year to date after its share price breached the RM5 mark on Friday, ahead of its third-quarter (3Q) earnings announcement expected next week.

Sunway is best FBM KLCI constituent YTD after shares shoot past RM5

Malaysia’s Anti-Corruption Commission (MACC) said on Friday it will continue to investigate the late Tun Daim Zainuddin, his wife and family members.

MACC says will continue to investigate late Daim, wife, family members

The euro fell to the lowest level in two years as traders bet the European Central Bank (ECB) will have to cut interest rates aggressively to bolster the region’s economy.

Euro falls to lowest since 2022 as bets on ECB rate cuts surge

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week.

Most read this week

LONDON (Nov 22): Investors will have to buy a record amount of euro zone government bonds for a third straight year in 2025 and without the ECB in the market, potentially adding pressure on borrowing costs when political and economic uncertainty is high.

Bankers and analysts said they w...

Record 2025 bond sales risk higher euro zone borrowing costs

A summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI up 0.07% to 1,589.78 on Nov 22, 2024

AirAsia hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places like Bangkok and Kuala Lumpur as the discount carrier looks to move on from its tumultuous pandemic years.

AirAsia founder plots low-cost Dubai-like hub in Bangkok, KL

Affin Bank Bhd (KL:AFFIN) on Friday cut some of its key financial expectations for the full year even as net profit surged in the third quarter, as the company continues efforts to improve profitability.

Affin Bank cuts key expectations even as 3Q net profit surges

KUALA LUMPUR (Nov 22): Shares of DRB-Hicom Bhd (KL:DRBHCOM) fell on Friday to their lowest in more than four years, after the automotive-to-banking conglomerate reported weaker than expected quarterly results.

DRB-Hicom shares fall to over four-year low, analysts divided over outlook after 3Q

KUALA LUMPUR (Nov 22): Globetronics Technology Bhd (KL:GTRONIC) surged as top most-actively-traded stocks on Friday morning, after the company secured a RM145 million contract to provide integrated circuit (IC) product packaging, testing, and backend services to Taiwan-based ChipMOS Technologies Inc. &nbsp;

Globetronics shares surge on RM145m contract win with Taiwan’s ChipMOS

CapitaLand Investment Ltd, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis.

CapitaLand warns of China losses as Singapore property investor cuts exposure

Now is an opportune time to accumulate Dayang Enterprise Holdings Bhd (KL:DAYANG) shares given its undemanding valuations, said CGS International.

Good opportunity to accumulate Dayang shares — CGS

Gold looked set for its largest weekly gain in over 13 months on Friday as escalating geopolitical tensions drove investors to safe assets, while a tech rebound led Asian equities higher after worries over Nvidia's sales growth eased.

Gold surges over broader Ukraine war fears; tech stocks rebound

GEORGE TOWN (Nov 22): Penang&nbsp;welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong on Friday, marking a milestone in the state’s tourism development.

Penang welcomes HK Express’ inaugural flight from Hong Kong

China’s richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of billions of market value for his bottled-water empire.

China’s richest man berates PDD, ByteDance for months of misery

KUALA LUMPUR (Nov 22): Berjaya Hartanah Bhd, a wholly owned subsidiary of Berjaya Land Bhd (KL:BJLAND), officially launched on Friday, its latest condominium development named Oaka Residences at Bukit Jalil, Kuala Lumpur. The project has a gross development value (GDV) of RM373 million.&nbsp;

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

KUALA LUMPUR (Nov 22): Hong Kong-based energy services firm Unity Group Holdings International Ltd said it is planning a secondary listing in Malaysia.

Hong Kong-based Unity Group pursues secondary listing on Bursa Malaysia

Inflation in Malaysia picked up slightly and was a tad faster than expected in October as prices of food and personal care products, including jewellery, rose, official data released on Friday showed.

Inflation in Malaysia picks up slightly in October, official data shows

TOKYO (Nov 22): Nissan&nbsp;Motor&nbsp;will cut or transfer about 1,000 jobs in Thailand, as it shrinks production in Southeast Asia, part of its recently announced global workforce reduction plan, two sources familiar with the matter told Reuters on Friday.

Nissan to cut or transfer about 1,000 jobs in Thailand — Reuters

US President-elect Donald Trump said on Thursday he would nominate former Florida attorney general and loyalist Pam Bondi to be US attorney general, moving swiftly to replace his former nominee Matt Gaetz after the embattled former congressman withdrew from consideration.

Trump picks Pam Bondi for US attorney general after Gaetz withdraws

KUALA LUMPUR (Nov 22): Master Builders Association Malaysia (MBAM) supports the Construction Industry Development Board (CIDB) Malaysia’s decision to retract its quality guidebook for homeowners, said MBAM president Oliver HC Wee.&nbsp;

MBAM supports CIDB’s decision to retract quality guidebook for homeowners

KUALA LUMPUR (Nov 22): TSH Resources Bhd (KL:TSH) reported a 12.19% increase in its net profit for the third quarter spanning July to September 2024 (3QFY2024), despite a drop in revenue, as it recorded reduced non-controlling interests, which resulted in the larger share of profit attributable to the owners of the company.

TSH Resources reports 12% rise in 3Q net profit, pays 2.5 sen dividend

The Royal Malaysian Police (PDRM) has no information on the whereabouts of wanted businessman Jho Low, who is reportedly in Myanmar, said Inspector-General of Police (IGP) Tan Sri Razarudin Husain.

We have no information on Jho Low's whereabouts, says IGP

Offshore oil-and-gas services firm Bumi Armada Bhd (KL:ARMADA) said on Friday its third quarter net profit rose 19% from a year earlier as operating margins expanded with lower costs.

Bumi Armada's 3Q net profit rises 19%, no update on merger with MISC's offshore unit

KUALA LUMPUR (Nov 22): Damansara REIT Managers Sdn Bhd, the manager of Al-`Aqar Healthcare REIT &nbsp;(KL:ALAQAR)&nbsp;and Al-Salam REIT&nbsp;(KL:ALSREIT), has appointed Zulhilmy Kamaruddin as its new chief executive officer (CEO) as of Thursday (Nov 21).

Damansara REIT Managers appoints Zulhilmy Kamaruddin as its new CEO

Mah Sing Group Bhd's (KL:MAHSING) M Luna condominium development in Kepong has achieved a Qlassic score of 86%, the highest for an M Series project, according to a press statement on Friday.

The Edge Billion Ringgit Club 2022

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The Edge Billion Ringgit Club 2022

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