The 2024 chapter of The Edge Billion Ringgit Club (BRC) Awards is especially memorable, not only because it is the 15th year for the awards — that started in 2010 as an initiative by The Edge Malaysia to recognise, honour and celebrate the biggest and best of Corporate Malaysia — but also the year in which The Edge Malaysia celebrates its 30th anniversary of reporting news that matters.

Making excellence a habit

Winners of The Edge Billion Ringgit Club (The Edge BRC) Awards 2024 gathered at Corporate Malaysia’s biggest and most anticipated awards night on Friday, Aug 23.

Corporate Malaysia’s crème de la crème fêted

Assalamualaikum warahmatullahi wabarakatuh. Salam Sejahtera. Salam Malaysia Madani. And a very good evening to Yang Berbahagia Tan Sri Tong Kooi Ong, chairman of The Edge Media Group; Yang Berbahagia Datuk Ho Kay Tat, publisher and group CEO of The Edge Media Group; distinguished guests; members of The Edge Billion Ringgit Club; and ladies and gentlemen.

Prioritise nation building, think of the rakyat

Yang Amat Berhormat Datuk Seri Anwar Ibrahim, Prime Minister of Malaysia; Yang Berhormat Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry; members of The Edge Billion Ringgit Club; our partners, friends and colleagues; ladies and gentlemen.

Bringing out the best in every Malaysian company

Winning The Edge Billion Ringgit Club (BRC) Company of the Year award is no easy feat.

Celebrating enduring excellence for the 15th year

There aren’t many bankers today quite like Tan Sri Tay Ah Lek, the managing director and CEO of Public Bank Bhd (KL:PBBANK).

A rare breed of banker

Gamuda Bhd (KL:GAMUDA) is no stranger to The Edge Billion Ringgit Club (BRC) Awards, having taken home eight awards in the construction sector and best corporate responsibility (CR) initiatives category over the years since its first win in 2013.

Expanding its presence at home and abroad

Companies that communicate well on how their business model is evolving to create and deliver lasting value to multiple stakeholders continue to thrive this year, says The Edge Billion Ringgit Club (BRC)’s panel of corporate responsibility (CR) judges.

Delivering sustainable value beyond compliance pressure

CelcomDigi Bhd (KL:CDB) has grown from strength to strength in the last two years, with its first full year of operations as a merged entity in the 12 months ended Dec 31, 2023 (FY2023) showing improvements on multiple fronts.

Crystallising merger synergies and scale

CIMB Group Holdings Bhd (KL:CIMB) has managed to bounce back strongly from the lows of 2020, when the health of all lenders’ books was tested by measures introduced during the Covid-19 lockdown.

Strong bounce back from lows of pandemic

Having been in this country for more than 110 years, Nestlé (M) Bhd (KL:NESTLE) continues to deliver on its philosophy of “Good Food, Good Life” through its diverse food and beverage (F&B) offerings, which include halal-certified, made-in-Malaysia products like Milo, Maggi and Nescafé.

Century-long household name delivers more than ‘good food’

International multi-utility operator YTL Power International Bhd (KL:YTLPOWR) bagged its first two trophies at the gala dinner for the The Edge Billion Ringgit Club (BRC) awards this year, owing to the phenomenal rise in its share price over the past year and a half.

Buoyed by renewable energy push

Sunway Construction Group Bhd (KL:SUNCON) is a familiar name at The Edge Billion Ringgit Club (BRC) Awards. For the sixth consecutive year, the group has secured the BRC award for highest return on equity (ROE) over three years in the construction sector.

Buoyed by optimism on data centre jobs

Carlsberg Brewery Malaysia Bhd’s (KL:CARLSBG) strategy of focusing on its premium brands is paying off even as the soft consumer market and inflationary pressures have kept sales volumes from normalising back above pre-Covid-19 pandemic levels.

Premiumisation strategy brews up good returns

The first witness for the Federal Land Development Authority conceded in High Court on Wednesday that competing bidders for the agency's prime land along Jalan Semarak were not owned by Synergy Promenade Sdn Bhd shareholder and director Abdul Rahman Soltan, after initially suggesting otherwise.

Felda fraud suit: Witness admits rival bidders for Jalan Semarak land not owned by Synergy Promenade director

Cryptocurrencies fell on Wednesday as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite.

Bitcoin falls as US$550 mil in risky crypto bets wiped out

Soybean could overtake palm as the world’s top vegetable oil by production within the next six years, said one of the industry’s top analysts.

Output of soybean oil may overtake palm oil by 2032, says industry analyst Mielke

KUALA LUMPUR (Oct 7): FTSE Bursa Malaysia KLCI extended its downward trend on Wednesday, falling to an 11-month low as persistent foreign selling and cautious sentiment amid elevated oil prices continued to weigh on the local market.

FBM KLCI slides to nearly a year low as foreign selling, high oil prices weigh on sentiment

The High Court has deferred the scheduled hearing of a judicial review filed by Dr Shaariibuu Setev, following the judge asking the police to respond to an affidavit filed by the Mongolian’s lawyer, which refutes the police’s assertion that there was no duty on their part to inform him of the status of their investigation into Altantuya Shaariibuu’s murder 20 years ago.

Police and govt asked to reply to Shaariibuu lawyer’s affidavit, judicial review hearing rescheduled for Jan 12

Yinson Azalea Production Pte Ltd, an indirect wholly-owned subsidiary of Yinson Holdings Bhd (KL:YINSON), said it has officially priced US$1.46 billion (RM6.21 billion) in senior secured notes for its Agogo floating production, storage and offloading (FPSO) vessel.

Yinson unit prices largest FPSO project bond at US$1.46b

Government and opposition lawmakers pressed the Ministry of Defence (Mindef) on Wednesday to resolve outstanding weapons and support procurements for the littoral combat ship (LCS) programme, warning that taking delivery of a vessel without its full combat capabilities would fall short of what taxpayers had paid for.

MPs press Mindef, Lunas on LCS delays, incomplete weapons procurement

A witness in the corruption trial involving a former political secretary to former home minister Datuk Seri Hamzah Zainudin on Wednesday maintained that the office of Yayasan Tanah Aku in Publika, the alleged location for the handover of RM350,000 in commission to Sayed Amir Muzzakkir Al Sayed Mohamad, did exist.

Publika office existed, witness insists in Hamzah ex-aide's corruption trial

Two businessmen on Wednesday claimed trial at the Sessions Court here to three charges of cheating a contractor of RM153,000 in connection with an offer of the vehicle registration number DFQ1.

Two businessmen charged with cheating contractor over DFQ1 vehicle registration number offer

Thailand is deploying a 24-hour weather and flood-monitoring team for the International Monetary Fund and World Bank Group meetings in Bangkok.

Thailand puts Bangkok on 24-hour flood watch for IMF meetings

CIMB Group Holdings Bhd (KL:CIMB), Malaysia’s second-largest lender by assets, fell to its lowest in three months as banking stocks fell amid persistent concerns over rising bond yields.

Malaysian banking stocks fall as JPMorgan downgrades CIMB, AMMB

From design to the finished device, a chip goes through four main stages. Global giants dominate each stage, but Bursa Malaysia–listed companies are strongest in assembly and test, and in the equipment, machined parts and automation segments that the entire chain depends on.

Where Malaysian players sit in the semiconductor value chain

Worsening air pollution driven by wildfires in Indonesia prompted Malaysia to temporarily shut schools in one of its most populated states, just as a major Formula One race in neighbouring Singapore approaches.

Wildfire haze shuts Malaysia schools and looms over Singapore F1

The former Negeri Sembilan Undangs' court case linked to the ongoing power tussle in the state will now be battled out solely in the Seremban High Court.

Undangs withdraw case in KL, legal bid in Seremban remains

KUALA LUMPUR (Oct 7): Glove stocks were among Wednesday's most actively traded counters, led by Top Glove Corp Bhd (KL:TOPGLOV), though analysts cautioned the world's largest glove maker's strong finish to its financial year ended Aug 31, 2026 (FY2026) may not signal a sustained recovery.

Top Glove leads glove stocks higher on strong results, but analysts doubt recovery holds

Malaysian Prime Minister Datuk Seri Anwar Ibrahim is expected to tackle rising living costs in potentially his government’s last budget before he calls national elections.

Anwar set to boost budget spending as election speculation grows

Billionaire Ray Dalio warned that artificial intelligence (AI) is a “classic bubble” that is nearing a bursting point thanks to rising interest rates and the need to turn wealth into cash.

Ray Dalio says we’re nearing point where AI bubble may burst

The appeal records in former prime minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) criminal case are still not ready.

1MDB-Tanore: Appeal records not ready

KUALA LUMPUR (Oct 7): FTSE Bursa Malaysia KLCI extended its downward trend on Wednesday, falling to an 11-month low as persistent foreign selling and cautious sentiment amid elevated oil prices continued to weigh on the local market.

KUALA LUMPUR (Oct 7): Apex Securities expects volatility to remain elevated in the fourth quarter for equities, citing higher oil prices, persistent geopolitical risks in the Middle East and interest rates staying higher for longer.

Volatility to stay elevated into 4Q for equities; Budget 2027 seen as stock-picking play — Apex Securities

KUALA LUMPUR (Oct 7): The 10 Negeri Sembilan executive councilors have filed an originating summons (OS) at the Seremban High Court to challenge the revocation of their appointments, which took effect on Sept 20.

All deposed Negeri Sembilan excos file suit challenging their expulsion

KUALA LUMPUR (Oct 7): The High Court on Wednesday has asked Kuala Lumpur City Hall (DBKL) to reconsider whether it wants to continue pursuing its stay application of having to pay RM1.3 million in damages to a retired senior police officer and his wife, over their home being badly damaged after DBKL had allowed the construction of a condominium nearby.

KL City Hall told to reconsider continuing with stay order application over having to pay RM1.3 million damages

HI Mobility Bhd (KL:HI) is now attractive, said CGS International&nbsp;as it undervalues&nbsp;the bus operator’s growth story following the stock’s recent decline.

HI Mobility now undervalued after recent decline, says CGS International as it starts coverage with 'buy'

The 16th Melaka election will be held on Nov 14, the Election Commission (EC) announced after a special meeting on Wednesday.

Melaka polls on Nov 14

The KLIA aerotrain will undergo a scheduled software upgrade to strengthen its operational robustness and long-term performance following the completion of 20,000 continuous operational hours.

KLIA to shut down aerotrain for software upgrade

KUALA LUMPUR (Oct 7): Tax collection in Malaysia rose to RM129.6 billion in the first half of 2026 from RM119.1 billion a year earlier, supported by higher corporate income tax and sales and service tax (SST) receipts, the Dewan Rakyat heard on Wednesday.

Higher corporate tax, SST receipts lift first-half collection to RM129.6 bil, Dewan Rakyat told

TUN Dr Hasmah Mohd Ali, one of Malaya’s earliest Malay women doctors and a pioneering public health physician who would spend decades at the centre of Malaysian public life, died on Sept 28 at the age of 100.

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TRIBUTE | Tun Dr Hasmah — a trailblazer in women’s healthcare and community welfare

When you are in your 60s, a visit to the physio is almost a must. The neck and shoulders stiffen, and so do the glutes. To relieve the nagging pain and loosen the tight muscles, I go to Your Physio in SS15, Subang Jaya.

My regular physio is Akil, and I like him because he explains what ...

My Say: The worth of a degree

Two corporate figures, who are brothers holding the titles of Datuk Seri and Datuk Wira respectively and who were previously remanded for five days to assist investigations into&nbsp;abuse of power and irregularities involving an investment of about RM10 million, have been released on Malaysian Anti-Corruption Commission (MACC) bail.

RM10m investment probe: Datuk Seri, Datuk Wira brothers out on MACC bail

ACCESS to Arm’s Compute Subsystem (CSS) would lower the technological barrier for Oppstar Bhd (KL:OPPSTAR) to develop an advanced chip.

But an Arm token is not an instant earnings booster, Oppstar’s senior executives acknowledge in an interview with The Edge.

Its chief operati...

The Edge Billion Ringgit Club 2024

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The Edge Billion Ringgit Club 2024

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