Kenanga Investment Bank Bhd’s (KIBB) two consecutive years of bumper earnings, fuelled by strong trading volumes in the stock market, helped it score a hat-trick at The Edge Malaysia Centurion Club Corporate Awards 2022.

The country’s largest independent investment bank won in all three...

Highest return on equity over three years & Highest growth in profit after tax over three years & Highest Returns to Shareholders over three years: FINANCIAL SERVICES: Kenanga Investment Bank Bhd - Bumper earnings helped score hat-trick

Insas Bhd, a diversified group that wholly owns stockbroking firm M&A Securities Sdn Bhd, did particularly well in the financial year ended June 30, 2021 (FY2021), thanks to a retail boom in the stock market.

Its net profit that year jumped 1,525% to RM242.2 million from RM14.9 mill...

Highest growth in profit after tax over three years: FINANCIAL SERVICES: Insas Bhd - Riding on market sentiment

In realising its vision of enabling people to be healthier, Kotra Industries Bhd has also made its shareholders wealthier over the past three years.

Malaysia’s leading pharmaceutical group scored a hat-trick in The Edge Malaysia Centurion Club Corporate Awards 2022, clinching all three ...

Highest return on equity over three years & Highest growth in profit after tax over three years & Highest Returns to Shareholders over three years: HEALTHCARE: Kotra Industries Bhd - Solid pre-pandemic growth buffers Covid-19 headwinds

Deleum Bhd is one of a handful of locally listed upstream oil and gas services equipment (OGSE) companies that have continuously recorded returns to shareholders, even throughout the period of lower-for-longer oil prices that was prevalent in most of the last decade’s second half, following the c...

Highest return on equity over three years: ENERGY: Deleum Bhd - Buffered from oil shocks by a solid power and machinery segment

After a sharp pull-back in oil and natural gas prices in mid-2020 due to the global Covid-19 pandemic, things are finally looking up for local oil and gas (O&G) players. Crude oil and natural gas prices have shot up and analysts are expecting crude oil prices to remain elevated in the second ...

Highest growth in profit after tax over three years: ENERGY: T7 Global Bhd - Poised for further improvements in O&G activities

Offshore support vessel (OSV) and gas processing facility operator Coastal Contracts Bhd has been looking to its jack-up gas compression service unit (JUGCSU) operations and liftboat business to help it recover from low activities in its OSV building, selling and chartering business following the...

Highest Returns to Shareholders over three years: ENERGY: Coastal Contracts Bhd - Perseverance that paid off

The Covid-19 lockdowns since early 2020 battered the construction industry, resulting in reduced construction activity. And the industry continues to be hit by factors beyond its control — from supply chain disruptions and labour shortages to the rising cost of raw materials, labour and transport. However, piling and foundation specialist Pintaras Jaya Bhd managed to beat the odds and emerged stronger despite the various challenges.

Highest growth in profit after tax over three years & Highest Returns to Shareholders over three years: CONSTRUCTION: Pintaras Jaya Bhd - Beating the odds in a tough market

A rising tide lifts all boats. That may be the best aphorism to describe the fortunes of planters who have benefited from strong crude palm oil (CPO) prices since mid-2020, when the commodity started showing a significant upward trend.

Among them was Innoprise Plantations Bhd, which mad...

Highest return on equity over three years: PLANTATION: Innoprise Plantations Bhd - All planted and primed for the commodity boom

Despite how challenging the past three years have been for businesses, UOA Real Estate Investment Trust (REIT) — a commercial REIT that invests in office buildings — managed to outperform its peers and won the Highest Growth in Profit After Tax (PAT) Over Three Years under the REIT sector at The ...

Highest growth in profit after tax over three years: REIT: UOA REIT - New, strategically located assets bolstered occupancy rates, profits

After multiple lockdowns since the outbreak of the pandemic, SEG International Bhd (SEGi), which operates the SEGi Group of Colleges, welcomed students back to its campuses in mid-October 2021.

Highest return on equity over three years: CONSUMER PRODUCTS & SERVICES: SEG International Bhd - Riding the crest of changing times

Trading and distribution outfit Harrisons Holdings (Malaysia) Bhd, which has close to 85% of its business in the fast-moving consumer goods (FMCG) sector that is resilient to the effects of the pandemic, has been registering steady revenue and gross profit margin growth over the years. This resulted in the group posting net profit growth each year.

Highest growth in profit after tax over three years: CONSUMER PRODUCTS & SERVICES: Harrisons Holdings (Malaysia) Bhd - Growing steadily in a resilient sector

CI Holdings Bhd, whose major shareholder is former second finance minister Datuk Seri Johari Abdul Ghani, is principally involved in the manufacturing and packaging of edible oils. It is also in the trading and manufacturing of water taps and plumbing accessories.

Highest Returns to Shareholders over three years: CONSUMER PRODUCTS & SERVICES: CI Holdings Bhd - A pivotal venture that continues to pay off, bolstered by commodity price surge

Shareholders’ return is one of the metrics used to measure the success of a company, as one of the main objectives of the management is to provide good returns for the money invested by shareholders.

In the logistics sector, from financial year 2019 (FY2019) to FY2021, Tasco Bhd stood o...

Highest Returns to Shareholders over three years: TRANSPORT & LOGISTICS: Tasco Bhd - Continuing to keep shareholders happy

When ACE Market-listed Microlink Solutions Bhd announced plans to transfer its listing to the Main Market on July 12, its market capitalisation had stood at RM608.93 million as its shares had closed at 57 sen. About one month later, the stock was hovering near 60 sen apiece, valuing the company, which develops software for the banking industry, at a little over RM641 million.

Highest Returns to Shareholders over three years: TECHNOLOGY: Microlink Solutions Bhd  - A beneficiary of digitisation push

Malaysia must accelerate the modernisation of its agricultural sector and improve production efficiency to strengthen food security amid growing challenges, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

Agricultural modernisation key to strengthening food security — Mohamad Sabu

Anthropic PBC’s initial public offering (IPO) plans ran into a punishing post-election selloff, prompting a rethink among prospective investors of the company’s expected valuation.

Anthropic IPO buyers see valuation as low as US$1.1 tril

A seafarer on a Greek-owned oil tanker was killed in an apparent missile attack in the Gulf, its owner said on Friday.

Company says sailor killed in Gulf tanker attack

Monster Beverage Corp shares fell as much as 8.2% on Friday, the biggest decline in over two years, after the energy drink giant’s weaker-than-expected margins underscored the impact of soaring costs in the beverage industry.

Monster shares fall as weaker margins highlight cost burden

Pakatan Harapan's (PH) track record as a key component of the federal government should serve as a yardstick for Melaka voters to assess the coalition's capabilities ahead of the 16th Melaka state election on Nov 14, said Pasir Gudang Member of Parliament Hassan Abdul Karim.

Melaka voters urged to judge PH by federal govt's performance — Hassan Karim

Collaboration between plantation companies and oil palm smallholders to increase both parties’ yields and income will be raised at the Cabinet meeting next week, said Prime Minister Datuk Seri Anwar Ibrahim.

Plantation companies-oil palm smallholders collaboration to be raised in Cabinet next week — Anwar

US consumer sentiment rose in November to a three-month high, bolstered by modest improvements in Americans' views of their personal finances and the economic outlook.

US consumer sentiment unexpectedly rises, fuelled by independents

The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher artificial intelligence (AI) regulation, even as the jobs report raised interest-rate hike concerns.

Nasdaq pares losses as chips recover, rate-hike fears linger

Treasuries dipped after an unexpected surge in US job growth led traders to add to wagers that the Federal Reserve (Fed) will raise interest rates when officials next meet in December.

US Treasuries stumble as strong jobs data backs Fed-hike bets

TikTok moved one step closer to a new European Union fine after regulators found its video-recommendation algorithm pushes users down “rabbit holes” of potentially harmful content, escalating an almost three-year probe into the video-sharing app.

EU escalates TikTok probe over algorithmic ‘rabbit holes’

Authorities should investigate the source of the money raised to pay former prime minister Datuk Seri Najib Razak’s fine, said DAP’s Tony Pua.

Investigate source of money raised to pay Najib’s fine, says Tony Pua

The grounds of judgement, for the decision that allows for the additional testimony of one of the prosecution’s star witnesses in Datin Seri Rosmah Mansor's completed graft case, are still pending.

Grounds of judgement not ready, delaying additional testimony of key witness in Rosmah's completed graft case

Datuk Lee Yeow Seng has stepped down from the board of IOI Corp Bhd (KL:IOICORP) to focus on the conglomerate’s property arm, IOI Properties Group Bhd (KL:IOIPG), which is in the midst of listing IOIPG Malaysia Real Estate Investment Trust on Bursa Malaysia.

Lee Yeow Seng steps down from IOI Corp board to focus on leading IOI Properties

Datuk Seri Najib Razak should remain in prison until the conditional pardon order on his house arrest is clarified, the Attorney General's Chambers said on Friday.

Attorney General: Najib should remain in jail until house arrest order clarified

SoftBank Group Corp&nbsp;founder Masayoshi Son and other tycoons across Asia saw billions erased from their fortunes as a global tech sell-off rippled through their companies on Friday.

AI elite lose US$18 bil as chip stock rout spreads to Asia

A consortium comprising MISC Bhd (KL:MISC), Yinson Holdings Bhd's (KL:YINSON) founding Lim family and the Employees Provident Fund (EPF) has submitted a formal proposal to privatise Yinson at RM2.50 per share, valuing the energy infrastructure group at RM7.31 billion. 
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MISC, Lim family, EPF make RM4 bil offer to take Yinson private at RM2.50 a share

Former prime minister Datuk Seri Najib Razak's house arrest has yet to start despite paying the RM50 million fine required by the Federal Territories Pardons Board, Transport Minister Anthony Loke Siew Fook said on Friday.

Loke says Najib at hospital for checks, to quit as soon as ex-PM's house arrest starts

Bursa Securities has directed Zetrix AI Bhd (KL:ZETRIX) to pay its delayed final dividend for the &nbsp;year ended Dec 31, 2025 (FY2025) by Nov 23. The bourse regulator also asked the company to disclose material information on its financial condition and several other developments which it views with serious concern. 
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Bursa directs Zetrix to pay FY2025 final dividend by Nov 23, disclose info on financial condition

Malaysia’s push to become a regional data centre hub is putting pressure on its energy infrastructure, as new power generation and grid capacity take much longer to build than the facilities they are meant to support, according to experts.

Energy capacity struggles to keep pace with Malaysia’s data centre ambitions

Bank Negara Malaysia’s (BNM) international reserves rose&nbsp;to US$132.6&nbsp;billion as at Oct 30, 2026, from US$132.1&nbsp;billion as at Oct 15.

BNM international reserves hit US$132.6b as at Oct 30

South Korea’s government turned the world’s hottest stock market into a political trophy. Now, a reversal that’s wiped out more than a trillion dollars in value is stirring a retail investor backlash and testing public faith in its leaders.

South Korea’s US$1.7 tril rout burns day traders, challenges Lee

Prime Minister Datuk Seri Anwar Ibrahim has expressed disagreement with Umno’s decision to pay the RM50 million fine on behalf of former prime minister Datuk Seri Najib Razak, stressing that corruption and abuse of power must not be taken lightly in the name of friendship.

Anwar disagrees with Umno paying Najib's RM50 mil fine

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Unisem, Frontken, Public Bank, Maxis, Zetrix AI, TRC Synergy, IOI Corp, IOI Property, MISC,  Yinson, Microlink, APB Resources & Nestcon

The Attorney General's Chambers has no basis to delay Datuk Seri Najib Razak's house arrest as the former prime minister has met all the condition set by the king, said lead defense counsel Tan Sri Muhammad Shafee Abdullah.

Shafee: AGC has no legal basis to delay Najib's house arrest

MARC Ratings has downgraded Zetrix AI Bhd's (KL:ZETRIX) RM2 billion sukuk programme to a default rating of D-IS after the tech company failed to settle a RM25 million obligation due on Friday.

MARC Ratings downgrades Zetrix AI sukuk to default over unpaid RM25m

KUALA LUMPUR (Nov 6): Malaysia Marine and Heavy Engineering Holdings Bhd (KL:MHB) has completed the issuance of sukuk murabahah with an aggregate nominal value of RM350 million under its sukuk murabahah programme of up to RM1.0 billion.

MHB completes RM350 mil sukuk murabahah issuance

KUALA LUMPUR (Nov 6): Emits Bhd, which manufactures antennas for consumer and industrial devices, is accepting applications from investors at 16 sen per share for its ACE Market listing.

Emits, which makes antenna, launches ACE Market IPO at 16 sen per share

Bursa Malaysia’s 20 largest technology stocks shed over RM4.46 billion in market value on Friday as a global sell-off in artificial intelligence (AI)-related counters spread to the country’s chipmakers and equipment suppliers.

Global AI sell-off wipes RM4.46 bil off Bursa’s 20 largest tech stocks

YES, the Republicans have lost, and lost decisively. The defeat was so overwhelming that even Donald Trump, who has repeatedly challenged election results in the past, broke with precedent by publicly declaring almost immediately that he would accept the outcome. The margin of victory was simply too wide for any challenge to stand a chance. 
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Opinion — Pain, despair and fear: The political tsunami behind Trump's Republican defeat and its implications for the world

Datuk Zaiton Mohd Hassan, an experienced Malaysian finance professional, has been elected as the new president of the Association of Chartered Certified Accountants (ACCA).

The Edge Malaysia Centurion Club Corporate Awards 2022

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