Property developer LBS Bina Group Bhd has blossomed over the last few years, largely buoyed by better financial results.

A key player in the mass market, affordable housing sector, LBS posted RM76.01 million in net profit from RM680.3 million in revenue in FY2015. In FY2017, its net pro...

HIGHEST RETURNS TO SHAREHOLDERS OVER THREE YEARS: PROPERTY (BELOW RM3 BILLION MARKET CAPITALISATION): LBS Bina Group Bhd - Rising prominence

Remember the unique timepiece that belonged to Marvel hero Dr Stephen Strange, brilliantly played by Benedict Cumberbatch?
Yes, the one with a romantic engraving, “Time will tell you how much I love you — Christine”.

Jaeger-LeCoultre’s Master Ultra Thin Perpetual in stainless ste...

Prodigious slimness of Jaeger-LeCoultre’s Master Ultra Thin Perpetual

Since its initial public offering in mid-2013, property developer Matrix Concepts Holdings Bhd had caught the eye of analysts and the investing fraternity. What sparked their interest is because the company’s share price has been on an upward trajectory, having more than doubled since its debut.<...

HIGHEST RETURN ON EQUITY OVER THREE YEARS: PROPERTY (BELOW RM3 BILLION MARKET CAPITALISATION): Matrix Concepts Holdings Bhd - Gaining traction

Many may think that Petronas Dagangan Bhd (PDB), a subsidiary of national oil firm Petronas, has the upper hand on its home turf against its rivals — the retail arms of the global oil majors.

But PDB’s management would disagree to a large extent simply because local companies, in genera...

COMPANY OF THE YEAR: Petronas Dagangan Bhd: Record Profits, Generous Dividends

AirAsia Group again saw impressive earnings for the financial year ended Dec 31, 2017 (FY2017). The budget airline recorded a net profit of RM1.63 billion on revenue of RM9.71 billion, which is a 42% increase over FY2016. It is the group’s ninth consecutive financial year of profit since it last ...

BIG CAP COMPANIES — RM10 BILLION TO RM40 BILLION MARKET CAPITALISATION / HIGHEST RETURNS TO SHAREHOLDERS & GROWTH IN PROFIT AFTER TAX OVER THREE YEARS: CONSUMER PRODUCTS & SERVICES: AirAsia Group Bhd - Soaring Higher Despite Challe

MRCB-Quill REIT’s (MQREIT) earnings over a three-year period ended Dec 31, 2018 (FY2018) still exceeded those of its peers despite its net property income (NPI) dipping in the last financial year of the time frame.

The REIT’s NPI for FY2018 fell 6.04% to RM132.8 million year on year; in...

Highest growth in profit after tax over three years: REIT: MRCB-Quill REIT - Stable occupancy despite retail and office oversupply

Hailing from the small town of Pusing in Perak, Sunway Bhd founder and chairman Tan Sri Jeffrey Cheah witnessed first-hand how poverty closes off avenues for advancements.

Believing that education offers the best route out of poverty, he started Jeffrey Cheah Foundation (JCF), Malaysia’...

BEST CR INITIATIVES: BELOW RM10 BILLION MARKET CAPITALISATION: Sunway Bhd - Playing An Integral Role In Sustainable Development

In early 2016, when Kerjaya Prospek Sdn Bhd did a reverse takeover of Fututec Bhd for RM458 million, few would have guessed how well the company would do.

A couple of months before the reverse takeover (RTO) was concluded, Kerjaya Prospek’s 70% unit, Future Rocks Sdn Bhd, secured a RM18...

HIGHEST RETURNS TO SHAREHOLDERS OVER THREE YEARS: CONSTRUCTION: Kerjaya Prospek Group Bhd - A Good Start To A Billion Ringgit Top Line

OSK Holdings Bhd, the flagship of business tycoon Tan Sri Ong Leong Huat, is gaining a foothold in property development at home and abroad.

The group ended its financial year ended Dec 31, 2017 (FY2017), with a phenomenal growth of 60% in its profit after tax (PAT). At RM400.22 million,...

HIGHEST GROWTH IN PROFIT AFTER TAX OVER THREE YEARS: PROPERTY (BELOW RM3 BILLION MARKET CAPITALISATION): OSK Holdings Bhd - Property (below RM3 billion market capitalisation)

The seas have been rough for shipping companies worldwide and the ripples have been felt by the port operators as well. However, Westports Holdings Bhd continued to deliver high returns to its shareholders, proving its resilience as one of the leading transshipment hubs in Asia.

Its ret...

HIGHEST RETURN ON EQUITY OVER THREE YEARS: TRANSPORTATION & LOGISTICS: Westports Holdings Bhd - Proves resilience as leading transshipment hub

The airport sector, at a glance, may seem dull to investors with its near-monopoly structure and lack of explosive growth.

But underneath the drab, Malaysia Airports Holdings Bhd (MAHB) shines brightly when it comes to rewarding its shareholders over the long run, with its performance a...

Highest Returns To Shareholders Over Three Years: Transportation & Logistics: Malaysia Airports Holdings Bhd - A consistent and steady performer

Petronas Chemicals Group Bhd (PetChem) is one of Asia’s largest natural gas-based petrochemical producers with a market capitalisation of RM73 billion and a portfolio of over two dozen products made in 17 world-class plants.

Over the past three years, the Petroliam Nasional Bhd-linked c...

Highest growth in profit after tax over three years / Highest Returns to Shareholders over three years: Super Big Cap — Above RM40 billion market capitalisation: Petronas Chemicals Group Bhd - The right formula to drive growth

As a chemicals manufacturer, Petronas Chemicals Group Bhd (PetChem) understands its responsibility in ensuring that its operations leave minimum negative impact on the environment it operates in. Together with the local community, PetChem’s environmental initiatives include reforestation efforts ...

Best CR initiatives: SUPER BIG CAP COMPANIES — ABOVE RM40 BILLION MARKET CAPITALISATION: Petronas Chemicals Group Bhd - Leaving minimum negative impact on the environment

UOA Development Bhd seems to have provided some shelter for investors even as the domestic property market experiences a slowdown.

Its share price has been on a steady climb over the three years from June 30, 2015, to June 30, 2018. It rose as much as 36.6% to RM2.38 on June 29, 2018, f...

Highest return on equity over three years / Highest Returns to Shareholders over three years: Property (RM3 billion and above market capitalisation): UOA Development Bhd - GOOD showing despite property market slowdown

Standard Chartered Plc is offering short-term deposit rates of as high as 10% as the lender seeks to attract Chinese customers.

StanChart dangles 10% deposit rate in HK to draw China cash 

China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth about 14.46 billion Swedish krona (RM6.2 billion).

Geely to sell US$1.32b of Volvo Truck shares 

Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.

Apple pulls WhatsApp, Threads from China app store after Beijing order

Malaysia's economy grew by 3.9% in the first quarter of 2024 1Q2024), as compared to 3.0% in the previous quarter, according to Department of Statistics Malaysia (DOSM) advance gross domestic product (GDP) estimates.

Malaysia's economy grew 3.9% in 1Q2024, advance estimate shows

Malaysia’s exports contracted at a slower than expected pace in March mainly due to lower foreign demand for electronics while shipments to China fell, official data Friday showed.

Malaysia’s March exports down 0.8%, imports surge 12.5%

Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East hostilities.

Stocks sink, oil jumps as Middle East attack reports unnerve markets

Malaysia Airlines has commenced the gradual reinstatement of flights to and from Sabah, Sarawak and Labuan since the evening of April 18, in response to prevailing weather conditions.

Malaysia Airlines begins gradual reinstatement of flights to and from Borneo states

Daniel Suidani, a prominent Solomon Islands critic of China, who was former Malaita province premier, has been reelected to the provincial assembly, local media reported on Friday, as counting continues in the key Pacific island nation's election.

Solomon Islands election count underway, China critic Suidani regains seat

Shares of Awanbiru Technology Bhd (Awantec) fell as much as 53% on Friday, prompting Bursa Malaysia to suspend the counter’s intraday short selling (IDSS).

Awantec shares plunge 53%, intraday short selling suspended 

Transitioning towards a low-carbon power system is critical for Malaysia to realise its potential for green growth and unlock the critical opportunity to restructure the nation’s economy for a second economic take-off. Large-scale deployment of solar power is critical in realising this national v...

My Say: Deploying solar power for the low-carbon economy

PIE Industrial Bhd, whose share price extended its rally to a new all-time high on Thursday on reports that it has secured a new customer, confirmed the matter and said it is expecting the new customer to contribute an additional RM2.5 billion revenue to the group, of which RM1 billion will be recognised as early as next year.

PIE Industrial confirms bagging new client, expects additional RM2.5 bil revenue

Israeli missiles have hit a site in Iran, ABC News reported late on Thursday, citing a US official, while Iranian state media reported an explosion in the center of the country, days after Iran launched a retaliatory drone strike on Israel.

Israeli missiles hit site in Iran — report

FE Green Pet (M) Sdn Bhd’s new high-tech recycling factory is expected to make Melaka a green investment destination and complement the economic growth strategy in the state, said Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.

He said with an investment totalling approximately RM958 million, the plant on 14 hectares of land is projected to be completed by 2Q 2025, creating almost 500 jobs.

RM958 mil high-tech recycling factory puts Melaka on green investors map — Ab Rauf

Shares of Awanbiru Technology Bhd (Awantec) fell as much as 53% on Friday, prompting Bursa Malaysia to suspend the counter’s intraday short selling (IDSS).&nbsp;

The oil-rich Malaysian state of Sarawak in Borneo is aiming to transform itself into a centre for clean hydrogen energy, betting that its ability to harness an abundance of hydropower can help it defy challenges that are clouding the fuel’s prospects elsewhere.

 Sarawak aiming to transform itself into a centre for clean hydrogen energy

Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East hostilities.

Apple said on Friday it had removed Meta Platforms' WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.

The US on Thursday effectively stopped the United Nations from recognising a Palestinian state by casting a veto in the Security Council to deny the Palestinian Authority full membershipof the world body.

US stops UN from recognising a Palestinian state through membership

RHB Investment Bank Bhd (RHB IB) on Friday upgraded Public Bank Bhd to “buy” from “neutral”, with a higher target price (TP) of RM4.80 (from RM4.70).

RHB upgrades Public Bank to ‘buy’, raises target price to RM4.80

The amount of reserves in banking system — a key determinant for the Federal Reserve to continue shrinking its balance sheet — dropped by the most in two years as Americans paid income tax bills out of their bank accounts.

US bank reserve balances see largest drop since 2022 tax season

The Malaysian rubber glove industry has demonstrated resilience and adaptability amidst challenging global dynamics, with optimism for a rebound in 2024, with an anticipated surge to approximately 450 billion pieces by 2027 despite a downturn in 2023, according to the Malaysian Rubber Glove Manufacturers Association (Margma).

Margma optimistic of rebound in 2024, expects surge to 450 billion pieces by 2027

Hong Leong Investment Bank (HLIB) expects Bursa Malaysia Bhd’s earnings for the first quarter to rise 34% year-on-year to RM75 million, amid the expectation of higher securities average daily value (ADV) and derivatives average daily contract (ADC).

HLIB sees Bursa Malaysia’s 1Q earnings rising 34% y-o-y 

RHB Retail Research said Inari Amertron Bhd is poised to challenge the RM3.27 resistance level once again, which would make this its fourth attempt this year.

Inari poised to challenge RM3.27 resistance, says RHB Retail Research 

Chinese government-linked hackers have burrowed into US critical infrastructure and are waiting "for just the right moment to deal a devastating blow," FBI director Christopher Wray said on Thursday.

FBI says Chinese hackers preparing to attack US infrastructure

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower for the fifth consecutive day, said palm oil trader David Ng.

He said the weaker soybean oil market and lower crude oil prices continue to pile pressure on prices.

CPO futures end lower for 5th consecutive trading day

RHB Retail Research said Muhibbah Engineering (M) Bhd may be headed for an uptrend after rebounding strongly from a recent pullback and pushing past the 21-day simple moving average line.

Muhibbah Engineering may be headed for uptrend, says RHB Retail Research 

Cocoa futures hit a new high in New York — topping US$11,000 (RM52,624) a metric tonne — as the pace of processing in chocolate factories holds up even in the face of a global supply crunch and record prices.

Cocoa soars above US$11,000 a tonne as processing pace holds up

Bursa Malaysia started the morning trading in positive territory, attributed to broad-based buying in response to a regional recovery, with investors seen focusing on counters with high cash reserves.

Bursa opens higher on buying sentiment

Rakuten Trade said United U-Li Corporation Bhd may trend higher after breaking out from its two-week bullish flag pattern with a long white candle on Thursday.

United U-Li Corp may trend higher, says Rakuten Trade 

Hong Leong Investment Bank (HLIB) said Kimlun Corp Bhd’s earnings is primed for promising prospects in FY2024-25, underpinned by an unbilled orderbook of RM2.48 billion (3.0x cover on FY2023 revenue and the highest achieved since FY2018), with 85% dedicated to construction and the remaining to precast manufacturing.

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