I bid you a warm welcome to the 2023 chapter of The Edge Billion Ringgit Club (BRC) Awards. This once-a-year gala dinner started in 2010 as an initiative by The Edge Malaysia to recognise, honour and celebrate the biggest and best of Corporate Malaysia — we believe this is possibly the only time in the year that top executives of companies across all sectors listed on Bursa Malaysia are gathered together for an evening like this.

Building value that lasts beyond quarterly performances

The evening shower and Kuala Lumpur traffic faded away as old friends and business associates caught up at The Edge Billion Ringgit Club (The Edge BRC) Awards 2023, Corporate Malaysia’s biggest and most anticipated awards night, on Oct 23.

Celebrating Corporate Malaysia

Keynote Speech by Yang Berhormat Tengku Datuk Seri Zafrul Abdul Aziz

Minister of Investment, Trade and Industry (Mandarin Oriental Kuala Lumpur, Oct 23, 2023)

Championing a mission-oriented approach to innovation

Reflecting the heightened market volatility, it has been a sea of red in terms of the share price performance and total returns of the 14 companies named as The Edge Billion Ringgit Club (BRC) Company of the Year over the years.

Saluting sustainable excellence for the 14th year

Mega First Corp Bhd (MFCB), a member of The Edge Billion Ringgit Club (BRC) since 2017 and placed on its winners’ list every year since 2018, has secured a spot in its Hall of Fame with the highly-coveted BRC Company of the Year award for 2023.

Company Of The Year: Mega First Corp Bhd - Powering growth with renewable energy and more

Companies that were scored highly on corporate responsibility (CR) initiatives continue to be those that not only create lasting impact for multi-stakeholders but know how to measure and communicate them well, say The Edge Billion Ringgit Club (BRC) panel of CR judges.

Creating lasting impact for multi-stakeholders and measuring them well

Financial education is the basis for wealth accumulation, retirement planning and stock investing

It all starts with financial literacy

It came as no surprise when Malaysia’s largest financial services group, Malayan Banking Bhd, again took home the Best CR Initiatives award for the Super Big Cap (above RM40 billion market capitalisation) category of The Edge Billion Ringgit Club Awards 2023 — marking the third time it has won the award after first bagging it in 2015 and 2019.

BEST CR INITIATIVES: SUPER BIG CAP — ABOVE RM40 BILLION MARKET CAPITALISATION: Malayan Banking Bhd - Mobilising change with thoughtful sustainability agenda

United Plantations Bhd (UP), the world’s first producer of sustainable palm oil certified by the Roundtable on Sustainable Palm Oil in 2008, has always taken pride in taking a sustainable, responsible and ethical approach to all aspects of its operations — a commitment that it oft said can be traced back to its founder, Danish engineer and entrepreneur Aage Westenholz, who established the group in 1906.

BEST CR INITIATIVES: BELOW RM10 BILLION MARKET CAPITALISATION: United Plantations Bhd - Facilitating the journey towards a more sustainable society

With fleets of aeroplanes almost completely grounded and international air travel curbed as governments around the world imposed various degrees of movement controls to combat the spread of Covid-19, shares of airport operator Malaysia Airports Holdings Bhd (MAHB) naturally nosedived.

HIGHEST RETURNS TO SHAREHOLDERS OVER THREE YEARS: TRANSPORTATION & LOGISTICS: Malaysia Airports Holdings Bhd - Resuming its ascent post-pandemic

In the face of natural disasters occurring in all corners of the world, IOI Corp Bhd recognised that the concept of “do no further harm” is increasingly insufficient in addressing the loss of natural capital and the onset of climate tipping points.

BEST CR INITIATIVES: BIG CAP COMPANIES — RM10 BILLION TO RM40 BILLION MARKET CAPITALISATION — JOINT WINNER: IOI Corp Bhd - Taking it further than ‘do no further harm’

Westports Holdings Bhd has clearly weathered the global supply chain disruption, continuing the legacy of its late founder Tan Sri Gnanalingam Gunanath Lingam.

HIGHEST RETURN ON EQUITY OVER THREE YEARS, HIGHEST GROWTH IN PROFIT AFTER TAX OVER THREE YEARS: TRANSPORTATION & LOGISTICS: Westports Holdings Bhd - Weathering supply chain headwinds on strong foundation

RHB Bank Bhd seems well on track to achieve its aim to mobilise RM20 billion in sustainable financial services by 2026, having already hit RM12 billion in sustainable financial services as at December 2022, exceeding its year-to-date target by more than 40%.

BEST CR INITIATIVES: BIG CAP COMPANIES — RM10 BILLION TO RM40 BILLION MARKET CAPITALISATION — JOINT WINNER: RHB Bank Bhd - Building a sustainable future with responsible financing

It is a constant balancing act for Telekom Malaysia Bhd, which supports nation building and advances the country’s digital transformation agenda as a government-linked corporation (GLC) while also needing to deliver good returns as a public-listed company (PLC).

HIGHEST GROWTH IN PROFIT AFTER TAX OVER THREE YEARS: TELECOMMUNICATIONS & MEDIA: Telekom Malaysia Bhd - Delivering profits while accelerating the Digital Malaysia aspiration

Asian equities and currencies slipped on Friday as investors fled to the safe-haven dollar after Israel launched strikes on Iran's nuclear and military sites, injecting fresh uncertainty in markets already roiled by trade uncertainty.

Asian stocks, currencies slide as Israel's strike on Iran jolts markets

An Air India flight from the Thai island of Phuket headed to Delhi requested an emergency landing on Friday after a bomb threat was received on board, Phuket's airport said,

Flight AI 379 had landed and the airport was proceeding with emergency plans, an official told Reuters.

Air India flight makes emergency landing in Thailand after bomb threat

Indonesia and Singapore signed initial deals on Friday to develop cross-border trade in low carbon electricity and collaborate on carbon capture and storage, ministers from both countries said in Jakarta.

The electricity deal reaffirmed an earlier agreement to export solar power from Indonesia to Singapore, with a group of companies companies planning to build plants and grid infrastructure to generate and transmit the power.

Indonesia, Singapore sign deals on power trade, carbon capture

Malaysian oil and gas stocks surged on Friday and outperformed the broader market decline following news reports of Israeli attack on Iran, in major escalation in the Middle East.

Malaysia’s energy stocks surge as Israel launches major strikes on Iran

LOS ANGELES (June 12): A US appeals court on Thursday allowed President Donald Trump to maintain his deployment of National Guard troops in Los Angeles (LA), amid protests over stepped-up immigration enforcement, temporarily pausing a lower court ruling that blocked the mobilisation.

Appeals court allows Trump to keep National Guard in LA with Marines on the way

Ping Edge Technology Bhd (KL:PING), a commercial kitchen equipment supplier, is already eyeing a transfer to the ACE Market following its Friday LEAP Market debut.

Ping Edge already setting sights on ACE Market transfer after LEAP Market debut

While Malaysians and the Malaysian corporate sector are very generous in supporting education through the provision of scholarships and other educational initiatives, the actual impact on recipients’ lives often remains unknown.

The few publicly available reports on scholarship programm...

MY Say: Pinning down the long-term impact of scholarship programmes

Israel launched waves of airstrikes against Iran’s nuclear programme and ballistic-missile sites on Friday morning, a major escalation in the standoff between the two adversaries that risks sparking a wider war in the Middle East.

Israel attacks Iran’s nuclear sites in major escalation

PUTRAJAYA (June 13): The public should refrain themselves from making speculative and defamatory statements with regard to Thursday’s (June 12) verdict on Muhammad Yusoff Rawther, especially if they are made outside the scope of the High Court’s decision.

AG’s Chambers: Prosecution of Yusoff Rawther was based on evidence, and not influenced by any party

Child Sexual Abuse Material (CSAM), a rapidly escalating form of digital crime, is a severe concern as children spend more time than ever in digital spaces — gaming platforms, messaging apps and social media. Online threats against children are increasingly worrying, with 2,240 cases of sexual abuse recorded in 2024. Kempen Internet Selamat (KIS), a national initiative by the Ministry of Communications and the Malaysian Communications and Multimedia Commission (MCMC), aims to raise public awareness about online safety and strengthen community capacity to protect themselves and others. Tackling this issue requires collective action, with parents, educators, communities and platforms working together to raise awareness, strengthen safeguards and drive real action.

Online safety for children begins with collective action

Bermaz Auto Bhd (KL:BAUTO) fell on Friday to its lowest in more than four years, as a set of weaker-than-expected results disappointed both analysts and investors of the automotive company.

Bermaz Auto falls to over four-year low as results disappoint investors, analysts alike

KUALA LUMPUR (June 13): A planned 6% sales and service tax (SST) on construction services could lead to higher housing prices and market slowdown, real estate developers warned on Friday.

Developers warn 6% SST on construction services could raise home prices

TOKYO (June 13): Stocks dived in early Asian trade on Friday, led by a selloff in US futures, while oil prices jumped after Israel conducted a&nbsp;military strike&nbsp;on Iran, sending investors scurrying to safe havens such as gold and the Swiss franc.

Stocks slide, oil and gold jump after Israel strikes Iran

Malaysian oil and gas stocks surged on Friday and outperformed the broader market decline following news reports of Israeli attack on Iran, in major escalation in the Middle East.

Ping Edge Technology Bhd (KL:PING) edged higher in its trading debut on Bursa Malaysia’s LEAP Market on Friday.

Ping Edge Technology rises 4.4% on LEAP Market debut

(June 12):&nbsp;The crash of Air India Flight 171 has turned 2025 into one of the deadliest years in the past decade for civil aviation.&nbsp;

Air India crash makes 2025 deadliest for air travel in years

Israel launched waves of airstrikes against Iran’s nuclear programme and ballistic-missile sites on Friday morning, a major escalation in the standoff between the two adversaries that risks sparking a wider war in the Middle East.

(June 13): The start of a gold-futures contract in Singapore has put the spotlight on fresh moves in Asian financial hubs to capitalise on rising interest in the commodity, as demand increases and prices surge.

Gold market competition heats up as industry meets in Singapore

An Air India flight from the Thai island of Phuket headed to Delhi requested an emergency landing on Friday after a bomb threat was received on board, Phuket's airport said,

Flight AI 379 had landed and the airport was proceeding with emergency plans, an official told Reuters.

(June 12): Alphabet's Google said on Thursday that it had resolved a brief global service disruption on its platforms that affected multiple services, such as music streamer Spotify and instant messaging provider Discord.&nbsp;"The issue with Google Chat, Google Meet, Gmail, Google Calendar, Google Drive, Google Cloud Search, Google Tasks, Google Voice has been resolved for all affected users," the company said.

Google says it has resolved global service outage impacting multiple platforms

Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies.

Oil soars more than 9% after Israel strikes Iran, rattling investors

WASHINGTON (June 12): US President Donald Trump on Thursday warned that he may soon hike auto tariffs, arguing that could prod automakers to speed US investments.

Trump says he may soon hike auto tariffs to get more US production

SEOUL (June 13): Airlines cleared out of the airspace over Israel, Iran and Iraq early on Friday, after Israel launched attacks&nbsp;on targets in Iran, Flightradar24 data showed, with carriers scrambling to divert and cancel flights to keep passengers and crew safe.

After Israel strikes Iran, airlines divert flights, airspace closed

(June 13): The S&amp;P 500 Index eked out gains for the fourth day in five sessions on Thursday, with traders welcoming another cooling inflation print, while reacting little to the latest round of US-China trade talks.

S&P 500 rises as ebbing inflation sends bond yields lower

Video of the Air India jetliner that crashed into a neighbourhood points to potential anomalies that aviation safety authorities will examine to understand what caused the accident that killed at least 241 people.

Air India plane crash draws attention to flaps and landing gear — aviation experts

(June 13): Zhejiang Sanhua Intelligent Controls Co&nbsp;is seeking to raise as much as HK$8.12 billion (US$1 billion, or RM4.2 billion) in its Hong Kong listing, the latest billion-dollar deal to drive the city’s recovery in share sales.

Air-conditioner maker Zhejiang Sanhua seeks US$1 bil in Hong Kong listing

Flag carrier Singapore Airlines' budget arm, Scoot, will take over some of the routes run by Qantas Airways' Jetstar Asia, which announced this week that it would close, a Singapore Airlines spokesperson said on Friday.

Singapore Airlines' Scoot to take over Jetstar routes

Wall Street analysts are rushing to raise price targets on Pop Mart International Group Ltd following the success of its Labubu dolls.

Pop Mart’s 200% stock rally spurs rush to hike price targets

KUALA LUMPUR (June 13): Bitcoin and other cryptocurrencies sank after Israel launched airstrikes on Iran in a major escalation.&nbsp;

Bitcoin sinks as Israel escalates Iran standoff with airstrikes

There was a misconception in law when the Sessions Court dismissed Toh Puan Na'imah Abdul Khalid's referral application regarding the charge against her, of failure to declare her assets, the defence team claimed.

The Edge Billion Ringgit Club 2023

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The Edge Billion Ringgit Club 2023

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