The Edge Malaysia ESG Awards aim to celebrate excellence among Malaysian public-listed companies and asset management firms. Therefore, it is only apt that the trophy embraces the concept of sustainability and celebrates local heritage.

Making the trophy

The gala dinner for the inaugural The Edge Malaysia ESG Awards was held at Sunway Resort Hotel on Nov 28. A total of 65 awards were presented to 44 public-listed companies (PLCs) and asset management firms at the event, which saw about 400 people in attendance.

44 winners honoured at inaugural The Edge Malaysia ESG Awards gala night

Property developers are increasingly focusing on sustainability to make the built environment greener. For Mah Sing Group Bhd, which is the property & REIT sector gold winner, strong adherence to ESG practices has also brought about a “variety of competitive advantages” to its business, says founder and group managing director Tan Sri Leong Hoy Kum.

Mah Sing on ‘transformational journey’ to achieve sustainability

IOI Corp Bhd, one of the world’s largest integrated palm oil producers, bagged the gold award under the plantation category at The Edge Malaysia ESG Awards 2022.

ESG adoption provides IOI Corp with competitive advantage

Press Metal Aluminium Holdings Bhd snatched two gold trophies at the awards — one in the industrial products and services category a...

Press Metal presses on with its sustainability agenda

Hartalega Holdings Bhd’s commitment to grow its business responsibly has enabled the company to clinch the gold trophy for the healthcare sector.

Hartalega pledges to lead by example

Hong Leong Bank Bhd, which won gold in the financial services sector, has sustainability embedded in its corporate value — “Here fo...

Hong Leong’s sustainability journey is for the long term

Yinson Holdings Bhd has emerged as the gold winner in the energy sector at The Edge Malaysia ESG Awards 2022, thanks in part to its commitment ...

Yinson wins gold by focusing on clean energy

Fraser & Neave Holdings Bhd (F&N) won gold at The Edge Malaysia ESG Awards 2022 in the consumer products and services sector and an...

Fraser & Neave drives progress with solid governance structure

George Kent (Malaysia) Bhd won gold at The Edge Malaysia ESG Awards 2022 in the construction sector category, thanks to its efforts in in...

George Kent prioritises education in its ESG-adoption journey

The Affin Hwang SGD Bond MYR fund clinched a whopping four awards at The Edge Malaysia ESG Awards 2022. The fund, which invests in SGD-denominated bonds, won the gold award in the best S (social) fund category. It also bagged the silver award in the best fixed income fund category, the best E (environmental) fund category, and the best G (governance) fund category.

Affin Hwang’s bond fund wins big

Public Mutual Bhd bagged two fund awards at The Edge Malaysia ESG Awards 2022. Its Public e-Carbon Efficient fund won gold in the best E (environmental) fund category while its Public e-Islamic Sustainable Millennial fund won silver in the best low carbon award category. Public Mutual CEO Chiang Kang Pey says the awards will motivate the company to continue pursuing greater goals.

Public Mutual takes long-term view

Two awards were won by UOB Asset Management’s United Sustainable Series  Global Credits fund at The Edge Malaysia ESG Awards 2022. The fund clinched the gold award in the best fixed income fund category and the silver award in the best impact in healthy ecosystems category.

UOB Asset Management focuses on companies’ ESG profiles

The best overall gold winner at The Edge Malaysia ESG Awards 2022 funds category went to BIMB Investment Management’s BIMB-Arabesque Global Shariah-ESG AI Technology Fund. This fund also claimed the gold award in the best equity fund category.

BIMB Investment Management at the forefront of sustainable investing

KUALA LUMPUR (April 24): A meeting with 70 financial fund investors and corporate members at the recently concluded joint investors meeting in London has touched on the Madani government’s immediate action to stimulate strategic investment in important technologies, according to the Ministry of Finance (MOF).

MOF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments

Meta Bright Group Bhd has secured a new equipment leasing contract from Australian copper mining company Mt Cuthbert Resources Pty Ltd (MCR) for its mining operations.

Meta Bright bags equipment leasing contract from Australian copper mining firm

OYO plans to add 100 self-operated hotels in Malaysia in 2024 and will be looking to secure annual to long-term management contracts on a revenue-sharing basis for these properties. This is part of OYO's programme aimed at fostering economic growth in communities via partnerships.

OYO plans to launch 100 self-operated hotels in Malaysia for 2024, with the first in Kota Damansara

Zeekr, a luxury electric vehicle (EV) brand under the Geely group, is mulling about entering Malaysia's automotive market with its newly developed right-hand drive (RHD) vehicles.

Zeekr mulling entry into Malaysian market 

SK Hynix Inc plans to spend about US$14.6 billion (RM69.73 billion) building a new memory chip complex in South Korea, preparing to meet rapidly growing demand for semiconductors employed in artificial intelligence (AI) development.

SK Hynix plans US$15 bil chip expansion to meet AI demand

KUALA LUMPUR (April 24): Petronas Chemicals Group Bhd is focused on advancing its growth initiatives and strengthening its operational performance, despite the expectation that 2024 will continue to be a challenging year.

Petronas Chemicals to focus on advancing growth initiatives, strengthening operational performance

The potential imposition of plain packaging for cigarette and vape products, together with a ban on the display of such products in stores, will incur a "huge financial burden" on privately owned sundry shops, according to the Federation of Sundry Goods Merchants Associations of Malaysia (FSGMAM).

Potential ban on cigarette, vape product display will burden retailers, on top of proposed plain packaging — sundry goods merchants

KLCC Stapled Group, controlled by national oil and gas company Petroliam Nasional Bhd, said on Wednesday that it is still on the lookout for foreign assets as part of its portfolio expansion mandate.

KLCC Stapled Group to expand portfolio, on active lookout for global assets

Bursa Malaysia closed at a two-year high on Wednesday with the key index rising 0.63%, driven by a positive outlook on the local bourse and amid an upbeat performance by regional peers.

KLCI rises 0.6% to close at two-year high

The interim report on the tragedy of two Royal Malaysian Navy (RMN) helicopters crashing in Lumut, Perak on Tuesday will be ready within two weeks, said Communications Minister Fahmi Fadzil.

Interim report on helicopters' crash to be ready in two weeks, says Fahmi

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 24)

Farm Price Holdings Bhd on Wednesday began taking orders from investors for its initial public offering (IPO) on the ACE Market to raise up to RM32.4 million.

The IPO, priced at 24 sen apiece, involves a public issuance of 102 million new shares as well as an offer for sale of 33 million existing shares, according to its prospectus. All in, the listing offers investors a 30% stake in the Johor-based wholesalers and vegetables distributor.

Farm Price starts taking orders for ACE Market IPO to raise up to RM24.48 mil

Analysts predict a decline in earnings for Malaysian automotive companies in 2024, attributed to lower sales volumes and higher operating costs, coupled with the emergence of several Chinese original equipment manufacturers (OEMs) offering attractive pricing.

M'sian automakers expected to feel pinch from lower sales, higher costs, rise of Chinese OEMs

Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is the entity that is bidding to acquire SriLankan Airlines, and if it materialises, will raise its own capital for the acquisition, according to chief executive officer Tan Sri Tony Fernandes.

AirAsia Consulting, not AirAsia, is bidding for SriLankan Airlines, says Fernandes

With Malaysia’s 5G outdoor coverage having reached the 80% target for coverage of populated areas (CoPA) at the end of 2023 and after the signing of the share subscription agreements (SSAs) by five mobile network operators (MNOs) on Dec 1, 2023, what’s next for the next stage of 5G deployment in Malaysia?

What’s next for 5G deployment in Malaysia?

E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.

MyEG inks partnership to launch Hong Kong virtual assets

One of the world’s busiest land checkpoints is set to become less congested as Malaysians travelling to Singapore on factory buses will be able to clear immigration through QR code.

Malaysia to start using QR code at checkpoints with Singapore, report says

Bursa Malaysia remained in positive territory at the midday break on Wednesday, supported by continuous buying in selected heavyweight counters, especially in the telecommunications and media sectors.&nbsp;

Telco shares lift Bursa higher at midday

Capital A Bhd’s board of directors has decided to extend Tan Sri Tony Fernandes'&nbsp;tenure as the chief executive officer for another five years, and as a strategic adviser to the airlines business, which is poised to be merged into AirAsia X Bhd.

Fernandes to be CEO of Capital A for another five years

Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.

NationGate may extend upward trajectory, says Rakuten Trade 

Carlsberg Brewery Malaysia Bhd, the locally-listed unit of the Danish brewer, confirmed the price increases for its beer products starting this month.

Carlsberg Malaysia raises prices of beers to preserve margin

Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.

DXN climbs over one-month high, analysts see positive outlook

The Malaysian Anti-Corruption Commission investigating officer (MACC IO) probing Datuk Seri Najib Razak in relation to the 1Malaysia Development Bhd (1MDB) debacle never asked the former prime minister if he had instructed for the controversial transfer of US$700 million to a company linked to fugitive Low Taek Jho (Jho Low), the court heard on Wednesday.

MACC officer did not ask Najib if he instructed controversial transfer of US$700m to Good Star

Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.

Haily shares near all-time high after securing RM109.5m housing job

Gold’s record-setting rally this year has puzzled market watchers, as bullion has roared higher, despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.

Gold’s record-setting rally may have its roots in Chinese frenzy

KUALA LUMPUR (April 24): Dataprep Holdings Bhd said on Wednesday that Tan Sri Muhammad Ikmal Opat Abdullah has ceased to be the substantial shareholder in the IT products and services company.

Muhammad Ikmal of Widad ceases to be Dataprep’s substantial shareholder as shares sale continues

Several important developments related to Digital Nasional Bhd (DNB), including the appointment of its board members and the direction of the agency, will be announced on Thursday, said Communications Minister Fahmi Fadzil.

Digital minister to unveil DNB board, announce new developments tomorrow — Fahmi

Meta Bright Group Bhd said its wholly owned subsidiary FBO Land (Serendah) Sdn Bhd and Doople Tech Sdn Bhd have entered a solar supply agreement with Cherengin Hills Sdn Bhd, following its recent collaboration with Doople to form a joint venture (JV) company to bid for renewable energy (RE) projects with a Bumiputera equity requirement.

Meta Bright lands solar supply deal after forming JV company with Doople

The son of a menteri besar is among six individuals remanded by the Malaysian Anti-Corruption Commission (MACC) here to assist in investigations regarding a case of submitting false documents and claims involving RM600,000 over the past two years.

MB's son among six remanded over document forgery, false claims involving RM600,000

Bursa Malaysia opened higher on Wednesday, tracking Wall Street's upbeat overnight performance, as confidence was buoyed by a spate of solid corporate earnings that many see as a precursor of those from the mega caps which will be reported over the next few days, said an analyst.

The Edge ESG Award 2022

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The Edge ESG Award 2022

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