In a bid to increase the adoption of environmental, social and governance (ESG) practices among public-listed companies (PLCs), Bursa Malaysia Bhd announced last year that going forward, all PLCs will be automatically given an ESG score by FTSE Russell.

Editor’s note

Companies can no longer get away with a superficial embrace of environment, social and governance (ESG) without understanding or embodying what it means, given that scrutiny on greenwashing is on the rise, said Minister of Natural Res­ources, Environment and Climate Change Nik Nazmi Nik Ahmad at ...

Leaders in sustainability honoured at The Edge Malaysia ESG Awards 2023

George Kent (Malaysia) Bhd has won gold at The Edge Malaysia ESG Awards 2023 in the construction sector category, thanks to the integration of ESG principles into its corporate strategy. The focus, says its executive director Bernie C K Ooi, is on environmental stewardship, social responsibility and sound governance.

George Kent persists with sustainability efforts despite challenges

Fraser & Neave Holdings Bhd (F&N) won the gold award at The Edge Malaysia ESG Awards 2023 in the consumer products and services sector.

F&N takes a comprehensive approach to sustainability

Navigating the decarbonisation journey as an oil and gas company is tough due to the nature of the business, which is carbon-intensive. Energy services company Deleum Bhd, however, has invested efforts in this area. It bagged the gold award under the energy category at The Edge Malaysia ESG Awards 2023.

Deleum commits to sustainability

For the second year running, Hong Leong Bank Bhd won gold in the financial services sector at The Edge Malaysia ESG Awards 2023. Its group managing director and CEO Kevin Lam says this is a testament to its unwavering commitment to upholding ESG principles.

Hong Leong Bank’s commitment reflected in consecutive wins

Duopharma Biotech Bhd has emerged as the gold winner in the healthcare sector at The Edge Malaysia ESG Awards 2023, thanks in part to the meaningful commitment the company has made to adopt ESG practices.

Duopharma wants ESG to drive business innovation

Datuk Lee Yeow Chor, group managing director and CEO of IOI Corp Bhd, attributes the company’s gold award in The Edge Malaysia ESG Awards 2023’s plantation category to the team’s dedication and early start on the ESG journey.

IOI Corp moving towards decarbonising its operations

Press Metal Aluminium Holdings Bhd won gold at The Edge Malaysia ESG Awards 2023 in the industrial products and services category and in the green transition sector. This is thanks to the company’s efforts in integrating ESG principles into every aspect of its operations and ingraining these into the company’s DNA and strategy, says its head of group sustainability Ivan Gan.

Press Metal emphasises sustainability governance

Genting Plantations Bhd (GENP) won gold at The Edge Malaysia ESG Awards 2023 under the plantations category, thanks to its sustainability journey that it started nearly three decades ago, says Tan Wee Kok, president and chief operating officer of GENP.

Genting Plantations’ three-decade sustainability journey continues

IOI Properties Group (IOIPG) has embraced ESG as a core component of its business strategy, a move that helped it clinch the gold prize in the property sector at The Edge Malaysia ESG Awards 2023.

Charting a sustainable future: IOI Properties’ ESG journey

Hektar Real Estate Investment Trust emerged as the gold winner in  both the REIT sector and outstanding ESG and dividend return categories of The Edge Malaysia ESG Awards 2023, thanks to its efforts to reduce its carbon footprint through energy initiatives, which allowed the company to reap both environmental and cost benefits.

ESG ensures sustainable growth of businesses, communities, says Hektar REIT

Malaysian Pacific Industries Bhd (MPI) won gold in the technology sector at The Edge Malaysia ESG Awards 2023. This marks the second year in a row it took home the trophy.

MPI repeats win but is not complacent

CelcomDigi Bhd took home the gold award in the telecommunications and media sector at The Edge Malaysia ESG Awards 2023. Joachim Rajaram, its chief corporate affairs officer, attributes the success to the coming together of two established sustainability-minded entities.

CelcomDigi merges two sustainability strategies

US stock futures and Treasuries posted small moves, with investors signalling that the equity rally is losing momentum as it stretches into a fourth week. The dollar fell.

US stocks churn as rally shows fatigue; dollar drops

Sunway Real Estate Investment Trust (KL:SUNREIT) reported a 20.4% year-on-year (y-o-y) increase in its net property income in the first quarter of 2025, thanks to contribution from asset acquisitions made in 2024.

Sunway REIT’s 1Q net income rises 20% on new asset contribution, retail boost

The Putrajaya Hospital (HPj) has made history by being recognised as one of the World’s Best Hospitals in 2025 by Newsweek and Statista, a recognition that not only brings pride but also proves the excellence of the national healthcare system.

Putrajaya Hospital among world’s best

The European Union will provide simpler financing for farmers and ease strict environmental rules after months of protests that put the bloc’s agricultural policies under intense scrutiny.

EU cuts agriculture red tape in bid to quell farmers’ protests

AwanBiru Technology Bhd (KL:AWANTEC) has received the full and final RM201.45 million settlement from the government, ending a seven-year dispute over the cancelled RM3.5 billion National Immigration Control System (SKIN) project.

AwanBiru gets RM201m govt settlement, ending seven-year dispute over scrapped RM3.5b SKIN project

A bipartisan group of US legislators are seeking to repeal regulations that ban civil jets from flying at supersonic speeds over land, in a change that would give startup Boom Technology Inc a boost in its competition with potential rivals from China.

US legislators seek end to supersonic flight ban over land

Keyfield International Bhd (KL:KEYFIELD) and Indonesia's PT Elnusa Trans Samudera (ETSA) are exploring marine services opportunities in the region’s oil and gas (O&G) sector.

Keyfield, Indonesian firm explore marine services opportunities

MN Holdings Bhd’s (KL:MNHLDG) stock rose to a new all-time high on Wednesday as Maybank Investment Bank joined coverage of the utilities engineering services firm.

MN Holdings charts new record high as Maybank joins coverage with 'buy'

U Mobile Sdn Bhd has confirmed the divestment of its stake in Digital Nasional Bhd (DNB) to the remaining shareholders of the wholesale 5G network operator for RM100,000, as the company gears up for the rollout of the nation's second 5G network.

U Mobile confirms DNB exit, targets 80% population coverage in a year under second 5G network

Oriental Interest Bhd's (KL:OIB) residential brand Myra unveiled the first phase of Halaman collection in its RM1 billion Myra Tenuman master-planned development at the Myra Tenuman sales gallery in Alam Impian, Shah Alam on Wednesday.

Oriental Interest unveils landed homes at RM1 bil Myra Tenuman; teams up with RHB Bank for loan package

The US Commerce Department issued guidance stating that the use of Huawei Technologies Co’s Ascend artificial intelligence (AI) chips “anywhere in the world” violates the government’s export controls, escalating US efforts to curb technological advances in China.

US warns that using Huawei AI chip ‘anywhere’ breaks its rules

Oil and gas services company Sapura Energy Bhd’s (KL:SAPNRG) external auditors have red-flagged the group’s ability to continue as a going concern, as its current liabilities have exceeded its current assets.&nbsp;

Auditors flag going concern risk in Sapura Energy's FY2025 accounts; regularisation plan submission by month end

Dubbed Malaysia’s largest listing exercise in seven months, Cuckoo International (MAL) Bhd is expected to revise its initial public offering (IPO) price lower to RM1.10 per share for both retail and institutional investors, down from the RM1.29 per share set previously, according to sources.

Cuckoo International said to be revising down IPO price — sources

Upstream oil and gas contractor Sapura Energy Bhd (KL:SAPNRG) has revealed its proposed regularisation plan to exit its Practice Note 17 (PN17) status, which could see the Ministry of Finance (MOF) owning up to 33% in the company following its RM1.1 billion capital injection in March.&nbsp;

MOF may end up with 33% in Sapura Energy with restructuring plan

KUALA LUMPUR (May 14): A key witness to Lim Guan Eng’s Penang undersea trial told the Sessions Court on Wednesday that he had kept a portion of the RM79 million obtained from the late businessman Datuk Ewe Swee Kheng in a safe, after obtaining the sum following a land swap in 2016.

Zarul Ahmad: I kept a portion of RM79 mil obtained from Ewe in my office safe

MN Holdings Bhd’s (KL:MNHLDG) stock rose to a new all-time high on Wednesday as Maybank Investment Bank joined coverage of the utilities engineering services firm.

MSCI maintained the constituents of its main country index for Malaysia while deleting six stocks from its small-cap index following its latest review.

The indices are closely watched by fund managers and foreign investors. An exclusion from the indices can trigger outflows as passive investors sell the former constituent in their portfolios to mirror the benchmarks.

MSCI keeps Malaysia index constituents unchanged, deletes six stocks from small-cap index

Signature Alliance Group Bhd, a subsidiary of kitchen and wardrobe maker Signature International Bhd (KL:SIGN), has launched its initial public offering (IPO) on the ACE Market, aiming to raise RM161.2 million.

Signature Alliance Group's ACE Market IPO aims to raise RM161.2 mil at 62 sen per share

The Malaysian Anti-Corruption Commission (MACC) arrested three bank officers from two banking institutions in&nbsp;Kuala Lumpur over suspected involvement in money laundering and corruption regarding loan applications valued over RM21 million.

Three bank officers arrested for money laundering, corruption

KUALA LUMPUR (May 14): Digital Nasional Bhd (DNB) shareholders can now continue focusing on infrastructure expansion and cost optimisation initiatives, after U Mobile Sdn Bhd exits DNB to become the sole shareholder of Malaysia’s second 5G network, analysts said.

DNB shareholders to focus on expansion, cost optimisation initiatives after U Mobile exit — analysts

SiCarrier, a Chinese chip equipment maker with close links to Huawei, has created a stir with the breadth of its planned product range.

Its efforts to become a one-stop shop for all tools needed to semiconductors illustrate how the sector — still relatively young in China — is responding to President Xi Jinping's call to reduce the country's reliance on foreign suppliers.

How China's chip equipment manufacturing sector stacks up

Lai Pei-Si, the chief executive officer of GXBank, Malaysia’s first digital bank, will lead Singapore’s GXS Bank after current group CEO Muthukrishnan Ramaswami retires on May 31.

Change of guard at GXBank as CEO Lai Pei-Si moves to head Singapore’s GXS Bank

Tenaga Nasional Bhd or TNB (KL:TENAGA) and Malakoff Corp Bhd (KL:MALAKOF) are expected to benefit most from Malaysia’s first new gas power plant tender in nine years, as demand rises sharply due to data centres.&nbsp;

TNB, Malakoff front runners for Malaysia’s first new gas power plant tender in nine years — CGS International

XOX Bhd’s (KL:XOX) managing director&nbsp;Datuk Kenneth Vun has been appointed as the chairman of Nexion Technologies Ltd, effective May 12.

XOX MD appointed as chairman of Hong Kong-based Nexion Technologies

KUALA LUMPUR (May 14): Wide-ranging unilateral tariffs imposed by the administration of the US President Donald Trump will cause short-term problems for certain sectors of the export-oriented states of the Association of Southeast Asian Nations (Asean) grouping, but will lose their bite over time considering the resilience of these countries, according to analysts.

US tariffs pose short-term threat, Asean resilience will prevail over long term — Xinhua

The Inland Revenue Board (IRB) has reminded resident individuals not carrying on a business that the e-Filing deadline for the year of assessment 2024 is&nbsp;May 15, Thursday.

IRB reminds individuals to submit e-Filing for 2024 as May 15 deadline nears

KUALA LUMPUR (May 14): MCE Holdings Bhd’s (KL:MCEHLDG) unit will partner with China’s Cheling Smart Mobility Technology and Wuhu Atech Automotive Electronics to support Chery Malaysia’s local production, focusing on automotive parts, technology transfer, and quality standards, with potential joint investments in tooling or facilities.

MCE Holdings partners Chinese firms to support Chery Malaysia’s local production

BUTTERWORTH (May 14): Former Penang deputy chief minister II Dr P&nbsp;Ramasamy was charged in the Sessions Court here on Wednesday on 17 counts of criminal breach of trust (CBT)&nbsp;involving funds belonging to the Penang Hindu Endowment Board (PHEB) totalling RM859,131.29.

Ramasamy pleads not guilty to 17 criminal breach of trust charges involving Penang Hindu Endowment Board's funds

MOSCOW (May 13): The Kremlin on Tuesday rejected as biased a ruling by the United Nations (UN)&nbsp;aviation council, that Russia was responsible for the downing of a Malaysian airliner over Ukraine in 2014 that killed all 298 passengers and crew.

Russia rejects 'biased' UN ruling on 2014 downing of MH17

Kuala Lumpur’s real estate market is showing signs of resilience and broad-based growth across its key segments, according to JLL Malaysia’s market dynamics report&nbsp;for the first quarter of 2025 (1Q2025).

The Edge ESG Awards 2023

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The Edge ESG Awards 2023

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