Integrated chemical and lubricant distributor Samchem Holdings Bhd, which was recognised as the best company with a market capitalisation of under RM1 billion at The Edge Malaysia Centurion Club Corporate Awards 2022 and named Centurion of the Year, started as a small chemical distributor in 1989.

Highest growth in profit after tax over three years: INDUSTRIAL PRODUCTS & SERVICES: Samchem Holdings Bhd - Beating the odds with focus and agility

Keeping the recovery momentum by building long-term resilience, prioritising sustainability

The Edge Malaysia Centurion Club Corporate Awards, the brainchild of The Edge Media Group...

Recognising the toughest and grittiest companies under RM1 bil

CB Industrial Product Holding Bhd (CBIP), an integrated engineering, equipment and spare parts provider to the palm oil milling sector, is riding high on the commodity boom that has pushed crude palm prices to slightly above RM7,000 — the highest level at which the edible oil has been traded....

Highest growth in profit after tax over three years: INDUSTRIAL PRODUCTS & SERVICES: CB Industrial Product Holding Bhd - Riding the commodity boom

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

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

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

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

Car upholstery specialist Pecca Group Bhd, which was listed on Bursa Malaysia in 2016, is principally engaged in the styling, manufacturing, distribution and installation of leather upholstery for the automotive and aviation industries. Its major customers include Perusahaan Otomobil Kedua Sdn Bh...

Highest Returns to Shareholders over three years: INDUSTRIAL PRODUCTS & SERVICES: Pecca Group Bhd - Car upholstery specialist surpasses itself

The years 2020 and 2021 were certainly the highlights of Comfort Gloves Bhd’s history, as it broke multiple records in these two years.

The glove manufacturer’s revenue exceeded the RM1 billion mark for the first time and profit soared to the highest ever when global demand reached unpr...

Highest return on equity over three years: INDUSTRIAL PRODUCTS & SERVICES: Comfort Gloves Bhd - A chapter of excellent performance 

At the end of April last year, iron ore — the key ingredient to make steel — hit a record high of US$193.85 per tonne on the S&P Global Platts Iron Ore Index, surpassing the previous high of US$193 that was recorded on Feb 15, 2011, during the commodity boom then. At the same time, both the I...

Highest growth in profit after tax over three years: INDUSTRIAL PRODUCTS & SERVICES: CSC Steel Holdings Bhd - Capitalising on strong demand

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

In contrast to the majority of players in the property sector that have seen declining share prices over the past three years, HCK Capital Group Bhd has bucked the trend.

Highest Returns to Shareholders over three years: PROPERTY: HCK Capital Group Bhd - Share price bucks the trend

KUALA LUMPUR (April 29): Berjaya Corp Bhd (BCorp), which last week had denied that its founder Tan Sri Vincent Tan Chee Yioun 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 inv...

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

(April 29): Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net loss for the period.

The company also warned that it would report a lower net profit ...

Singtel sees $2.3 billion impairment hit, net loss in 2024 second-half

L’Occitane International SA’s billionaire owner Reinold Geiger is close to making an offer to take the skin-care company private, according to people familiar with the matter, in a deal that could value the firm at about US$7 billion (RM33.4 billion) including debt.

Billionaire Geiger said to near US$7b L’Occitane buyout

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

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 

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

Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across segments, and announced an additional US$2 billion (RM9.5 billion) share buyback.

Insurer AIA's 1Q new business value rises 31%, announces US$2b buyback

A Democratic senator on Sunday questioned whether the Biden administration was properly assessing whether Israel was complying with international law, following a Reuters report that some senior US officials did not find that country's assurances credible.

US senator questions whether State Dept properly assessing Israel conduct

Border Force staff at Britain's busiest airport, Heathrow, will go on strike for four days from Monday, in protest over changes to their working conditions.

UK border force staff to strike at Heathrow from Monday

Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was expected to discuss the rollout of Full Self-Driving (FSD) software and permission to transfer data overseas, according to a person with knowledge of the matter.

Elon Musk visits China as Tesla seeks self-driving technology rollout

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) is investigating a senior leader in the northern region on suspicion of appointing several companies believed to be linked to him for supply projects valued at about RM300,000.

Senior leader under probe for suspected cronyism over supply projects

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) has requested information from German authorities concerning the alleged acquisition of luxury vehicles in Germany, financed by 1Malaysia Development Bhd (1MDB) funds, according to MACC chief commissioner Tan Sri Azam Baki.

MACC probes alleged luxury car buys in Germany with 1MDB funds

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

CAIRO (April 28): Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED (US$34.85 billion), he said on Sunday in a post on X.

Dubai ruler approves new US$35 bil airport terminal

KUALA LUMPUR (April 28): Police have verified the arrest of Chegu Bard, also known as Badrul Hisham Shaharin, a member of Parti Pribumi Bersatu Malaysia's Information Committee, on Saturday (April 27), and are launching an investigation into his Facebook post regarding the purported opening of a casino in Forest City.

Police detain Chegu Bard, launch investigation into casino statement

KUALA LUMPUR (April 28): Malaysia believes there is a need to revisit commitments to sustainable development, efficient global resources and fair and balanced trade among countries, said the Ministry of Investment, Trade and Industry (Miti).

Zafrul: Trade-related and ESG measures must be fair to developing countries

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 Badli Shah re-elected as Islamic bank association’s vice-chairman for 2025-2027

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.</...

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.

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

RIYADH (April 28):&nbsp;Prime Minister Datuk Seri Anwar Ibrahi&nbsp;held a bilateral meeting with President Paul Kagame of Rwanda on the sidelines of the World Economic Forum (WEF) Special Meeting here on Sunday.

Anwar holds meeting with President of Rwanda

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.

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

CAIRO (&nbsp;April 28): A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told Reuters on Sunday, as mediators stepped up efforts to reach a deal ahead of an Israeli assault on the southern city of Rafah.

Hamas delegation to visit Cairo on Monday for Gaza ceasefire talks, Hamas official says

KUALA LUMPUR (April 29): Berjaya Corp Bhd (BCorp), which last week had denied that its founder Tan Sri Vincent Tan Chee Yioun 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&nbsp; commence inv...

BEIJING/TOKYO (April 28): China's coast guard confronted Japanese lawmakers in waters claimed by both countries in the East China Sea, China's embassy in Tokyo and Japanese media said on Sunday, the latest in a series of maritime disputes involving China and its neighbours.

China confronts Japanese politicians in disputed East China Sea area

Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across segments, and announced an additional US$2 billion (RM9.5 billion) share buyback.

Border Force staff at Britain's busiest airport, Heathrow, will go on strike for four days from Monday, in protest over changes to their working conditions.

Ukraine’s government said two servicemen on leave in Germany were fatally stabbed and a Russian suspect was arrested on murder charges.

The Edge Malaysia Centurion Club Corporate Awards 2022

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