The Malaysian property market has yet to regain the vibrancy of the boom times that came to an end more than two years ago, but the challenging environment has not hindered Matrix Concepts Holdings Bhd from churning out impressive returns for its shareholders.

Indeed, investors who subs...

Highest return on equity over three years: Property — Below RM3 billion market capitalisation: Matrix Concepts Holdings - Lucrative returns since its debut

Sunsuria Bhd may have had a slight edge when it comes to winning the award for highest returns to shareholders over three years — the injection of projects with a gross development value of about RM10 billion by executive chairman and largest shareholder Datuk Ter Leong Yap.

This has ce...

Highest returns to shareholders over three years: Property — Below RM3 billion market capitalisation: Sunsuria - Setting itself apart through catalysts such as the Xiamen University Malaysia campus

Tenaga Nasional Bhd (TNB) serves 8.45 million customers, of which 6.91 million are households. However, the bulk of the utility group’s earnings is derived from the industrial and commercial segments.

As TNB controls the national power grid, many hold the view that there is no reason th...

Highest growth in profit after tax over three years: Super big Cap companies — Above RM40 billion market Capitalisation: Tenaga Nasional - Ambitious goal to be a global name

Uncle, tapau chicken rice satu” — the Malaysianised version of “Uncle, one packet of takeaway chicken rice” — a mix of three languages in one sentence from the movie Ola Bola, is one example of how Malaysia’s multiracial population is bound together.

The inspiring story of dedicated and...

Special Award For Public Service - Ola Bola celebrates the Malaysian spirit

One of the more enjoyable parts about being a judge for The Edge Billion Ringgit Club’s corporate social responsibility component is learning what BRC members are doing to bring long-term, sustainable benefits to communities.

Many BRC members have chosen to support education, p...

Investing in financial education

When The Edge launched the Billion Ringgit Club in 2010, the purpose was to recognise the best performing companies and also to make others aspire to reach the RM1 billion market Capitalisation mark.

At the time, there were 163 companies above the RM1 billion mark with a combin...

Special Award For Excellence: First Malaysian Company To Cross RM100 Billion Market Capitalisation: 100-billion-ringgit banking giant

The crème de la crème of Corporate Malaysia came together last Monday to pay tribute to the country’s top listed companies and outstanding corporate performers at The Edge Billion Ringgit Club Corporate Awards 2017. This is the eighth year the awards are being presented.

More t...

Honouring the best of Corporate Malaysia

This year’s 184 The Edge Billion Ringgit Club (BRC) members made up 20.4% of the companies listed on Bursa Malaysia as at March 31, 2017 — the membership cut-off date. They collectively commanded a market capitalisation of RM1.59 trillion, or 90.3% of the entire market value as at that d...

Sustaining growth amid challenging times

The Edge Billion Ringgit Club (BRC) annual gala dinner and corporate awards, held on Aug 21, saw 59 companies picking up awards for being the best performers on Bursa Malaysia for the financial years between 2014 and 2016.

BRC started in 2010 as an initiative of The Edge

Celebrating Corporate Malaysia’s crème de la crème

KUALA LUMPUR: Leading budget carrier AirAsia Bhd is the winner of the coveted The Edge Billion Ringgit Club (BRC) Company of the Year award, while Westports Holdings Bhd executive chairman Tan Sri G Gnanalingam has been named this year’s Value Creator.

The awards were presented at a gal...

TheEdge Billion Ringgit 2017: AirAsia is The Edge’s BRC Company of the Year

Investors in IGB Real Estate Investment Trust, a pure retail play in the REIT sector, benefited from the strong interest in REITs in the past two years, amid low returns and depressed market sentiment.

Average total return a year for investors was 20.43% between March 31, 2014, and June...

Highest growth in profit after tax over three years / Highest returns to shareholders over three years: REITS:  IGB REIT - Mega mall pioneer resilient despite retail space competition

The iconic stature of the Petronas Twin Towers continues to justify its premium rental rates for the owner, KLCC Real Estate Investment Trust (REIT), which, since May 9, 2013, has been stapled to KLCC Property Holdings Bhd, one of the largest companies on Bursa Malaysia with a market capitalisati...

Highest Return on Equity Over Three Years: REITS: KLCCP Stapled Group -  Iconic stature sustains premium

George Kent Malaysia Bhd has seen a steady run-up in its share price over the past three years, as the market views the group’s transition into the engineering segment positively, while its water meter division continues to provide a growing base of recurring income.

Its share price qua...

Highest returns to shareholders over three years: Trading/Services, Hotels, IPC And Technology: George Kent Malaysia - Transitioning from water meters to engineering works

Johor-based VS Industry Bhd has made a name for itself assembling products that, for the most part, the company cannot name. Bound by non-disclosure agreements, managing director Datuk Gan Sem Yam has to keep mum about the top-shelf electronic appliances that are assembled at the group’s plant in...

Highest returns to shareholders over three years: Industrial Products: VS Industry - Top homegrown electronics manufacturing services provider

OSLO (April 29): Norway's US$1.6 trillion sovereign wealth fund, one of the world's largest investors, will support HSBC's proposed bonus policy change for so-called material risk takers (MRTs), the Norwegian fund manager's updated voting intentions showed on Monday.

Norway sovereign wealth fund backs HSBC bonus policy reform

The business reorganisation plan announced last week by the two friends and business partners — Tan Sri Tony Fernandes and Datuk Kamarudin Meranun — is the final piece of the jigsaw to get the group of companies they control back on a stronger footing, at least in the restructuring of their balance sheet.

Frankly Speaking: Best chance for Cap A and AAX

The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to boost the currency that is languishing near 34-year lows.

Japan's yen jumps against the dollar on suspected intervention 

Asian emerging market currencies were subdued on Monday after inflation data in the US further dimmed the prospects of interest rate cuts soon, with all eyes on the Federal Reserve's (Fed) policy meeting later in the week.

Asian currencies subdued, equities gain ahead of Fed decision

KUALA LUMPUR (April 29): Bersatu Information Committee member Badrul Hisham Shaharin, or Chegu Bard, was charged in the Sessions Court here on Monday with two counts of inciting hatred and issuing defamatory remarks which will tarnish the good name of His Majesty Sultan Ibrahim, King of Malaysia.

Chegu Bard charged with making seditious, defamatory remarks

Tesla Inc is set to clear a key hurdle to introduce its advanced assisted driving features in China by partnering with Baidu Inc in mapping and navigation functions, people familiar with the matter said.

Tesla clears key China assisted-driving hurdle with Baidu deal

Three people, including a two-year old boy, died after a Huawei-backed Aito M7 SUV burst into flames following a crash with a truck on a highway in the Chinese city of Yuncheng in the northern province of Shanxi, state media said.

China crash involving Huawei-backed Aito electric vehicle kills three

Shares of YNH Property Bhd surged to their highest in three weeks as investors breathed a sigh of relief after the real estate developer said it has remedied the technical default of its sukuk programme.

YNH Property hits three-week high after default remedy

Foreign direct investment into Indonesia rose 15.5% on a yearly basis in rupiah terms to 204.4 trillion rupiah (RM60 billion) in the first quarter, investment ministry data showed on Monday, up significantly from the 5.3% growth in the previous quarter.

Indonesia's 1Q FDI up 15.5% on yearly basis

Chicago wheat futures fell on Monday but remained near four-month highs after concerns that adverse weather conditions in Russia, Europe and the US could reduce supply pushed prices up around 10% last week.

Wheat slips from four-month high as adverse weather threatens supply

QSR Brands (M) Holdings Bhd is suspending over 100 KFC outlets temporarily nationwide after about half a year of boycott movement, Nanyang Siang Pau reported, citing information from Google Maps.

Boycott causes over 100 KFC outlets to suspend ops, report says

Berjaya Corp Bhd (BCorp), which last week denied that its founder Tan Sri Vincent Tan Chee Yioun had participated in talks to revive a US$100 billion (RM477.60 billion) Forest City casino resort as reported recently, has lodged reports for the police to commence investigation into the above matter, specifically to, amongst others, ascertain and find out the purported “unnamed source” who disseminated complete untrue and false statements.

Berjaya Corp lodges police report to identify 'unnamed source' in Forest City casino resort debacle

KUALA LUMPUR (April 29): Mercury Securities Sdn Bhd has recommended investors “subscribe” ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value (FV) of 29 sen based on 13x FY2024F earnings per share, translating to 21% upside to IPO price.</...

Mercury Securities advises investors to subscribe ACE Market-bound Farm Price with fair value of 29 sen 

Shares of YNH Property Bhd surged to their highest in three weeks as investors breathed a sigh of relief after the real estate developer said it has remedied the technical default of its sukuk programme.

KOTA BHARU (April 28): Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.&nbsp;

Hibiscus Petroleum looking to leverage the economic boom in Tok Bali

When South Korea decided to host a US anti-ballistic missile system, the lucrative flow of tourists from neighboring China suddenly dried up. When Australia accused Beijing of meddling in its domestic politics and demanded answers over the origins of Covid-19, China stopped buying exports like coal, wine and beef.

US ramps up help as countries plan response to China’s bullying

Real estate developer UOA Development Bhd said it plans to launch two new projects worth an estimated RM2.7 billion in gross development value (GDV) this year.

UOA Development to launch two projects worth RM2.7b by June

An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China's big banks are throttling payments for such transactions out of concern over US sanctions.

China firms go 'underground' on Russia payments as banks pull back

Top Glove Corporation Bhd bagged the Platinum Trusted Brand Award in the Hygiene/Disposable Gloves category at the Reader’s Digest Malaysian Trusted Brand 2024 awards.

TotalEnergies has stated commitment to boost investment in Malaysia's upstream O&G sector — Anwar

Shares of Turiya Bhd rallied on Monday to their highest in over three years after Tan Sri Mohan MK Swami and his partner agreed to acquire a 58% stake in the property management firm for RM52.86 million.

Turiya rallies to over three-year high with entry of Mohan Swami, partner

Three people, including a two-year old boy, died after a Huawei-backed Aito M7 SUV burst into flames following a crash with a truck on a highway in the Chinese city of Yuncheng in the northern province of Shanxi, state media said.

The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to boost the currency that is languishing near 34-year lows.

Engineering solutions provider Kawan Renergy Bhd on Monday began taking orders from investors for its ACE Market initial public offering (IPO) that would raise up to RM33 million.

Kawan Renergy sets IPO price at 30 sen apiece in bid to raise RM33m 

RIYADH (April 28): Agrobank&nbsp;president and chief executive officer Tengku Ahmad Badli Shah Raja Hussin has been re-elected as vice-chairman of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi) from 2025-2027.

Agrobank’s Tengku Ahmad re-elected as Türkiye-based Islamic bank association’s vice-chairman

After eight consecutive weeks of net selling, foreign investors shifted to become net buyers on Bursa Malaysia last week, with a total investment of RM292.2 million.

MIDF: Foreign investors ended eight weeks of selling with total inflow of RM292m last week

RIYADH (April 28): The Asean-Gulf Cooperation Council (Asean-GCC) should find mechanisms to advance trade, investments, collaboration and research, said Malaysian Prime Minister Datuk Seri Anwar Ibrahim.

Asean-Gulf Cooperation Council should find mechanisms to advance trade, investment — Anwar

Once renowned as avid overseas tourists, the Japanese are staying closer to home these days.

Weaker yen keeps Japanese tourists at home while visitors throng

Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion (RM10.8 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period.

Singtel sees US$2.3b impairment hit, net loss in 2H2024

Asian stocks got off to a positive start on Monday ahead of the Federal Reserve's policy meeting later in the week, while the dollar broke past the psychologically key level of ¥160 for the first time in decades.

The Edge Billion Ringgit Club 2017

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The Edge Billion Ringgit Club 2017

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