Bursa Malaysia

Moomoo's Parent Company Futu Holdings Reports US$303.8 M and US$1.281 B in Revenues for Q4 and for Full Year 2023

Retrieved on: 
Thursday, March 14, 2024
Online, Futu, IP Australia, Candlestick, Apple, Growth, Muumuu, Best, Securities Commission Malaysia, Cash sweep, DAU, Fintech, Shithead (card game), Cboe Global Markets, Yoy, Investment, AUM, Quarter, Patent, Bursa Malaysia, CBOE

For the year ended December 31, 2023, the Company recorded US$1.281 billion in revenues and US$585.1 million in non-GAAP adjusted net income, representing a YoY increase of 31.4% and 45.9%, respectively.

Key Points: 
  • For the year ended December 31, 2023, the Company recorded US$1.281 billion in revenues and US$585.1 million in non-GAAP adjusted net income, representing a YoY increase of 31.4% and 45.9%, respectively.
  • During the full year 2023, the Company had acquired more than 220,000 new paying clients, including over 59,000 newly added in the fourth quarter, a growth of 41.0% compared to that of Q4 2022.
  • Meanwhile, the paying client retention rate remained strong at 98%, with the total client assets achieving US$62.164 billion, up 16.3% YoY.
  • (Based on Data.ai's comparison of stock trading apps on Apple and Google app stores as of December 31, 2023).

KJTS Group Berhad Inks Underwriting Agreement with Hong Leong Investment Bank

Retrieved on: 
Monday, December 4, 2023
Exercise, KJTS, Electricity, ESG, Social, IPO, Carbon, Bursa Malaysia, Security (finance)

KUALA LUMPUR, Dec 4, 2023 - (ACN Newswire) - KJTS Group Berhad ("KJTS" or the "Company") and its subsidiaries (collectively referred to as the "KJTS Group"), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce the signing of the underwriting agreement with Hong Leong Investment Bank Berhad ("HLIB") for its upcoming initial public offering ("IPO") on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities").

Key Points: 
  • KUALA LUMPUR, Dec 4, 2023 - (ACN Newswire) - KJTS Group Berhad ("KJTS" or the "Company") and its subsidiaries (collectively referred to as the "KJTS Group"), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce the signing of the underwriting agreement with Hong Leong Investment Bank Berhad ("HLIB") for its upcoming initial public offering ("IPO") on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities").
  • Executive Director of KJTS Group, Mr. Sheldon Wee; Group Managing Director and Chief Executive Officer of Hong Leong Investment Bank Berhad, Ms. Lee Jim Leng; Managing Director of KJTS Group, Mr. Lee Kok Choon [L-R]
    The IPO exercise, as detailed in the Company's draft prospectus available on the Bursa Malaysia Berhad's website, involves the issuance of approximately 218.03 million new ordinary shares.
  • Hong Leong Investment Bank Berhad, as the Principal Adviser, Sponsor, Sole Underwriter, and Sole Bookrunner will underwrite the entire 49.40 million new ordinary shares under the retail offering.
  • Our journey with Hong Leong Investment Bank Berhad in this endeavour is instrumental in realising our expansion goals and strengthening our market position.

Hektar REIT Achieves High Occupancy & Positive Reversions

Retrieved on: 
Thursday, November 23, 2023
Bursa Malaysia, Gold Awards, NPI, Acquisition, KYSM, Mahkota Parade, ESG, BHD, REIT, Award, Real estate investing, Social responsibility, Gold, Real estate

Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), today reported a resilient financial performance for the third quarter ended 30 September 2023 ("Q3 2023").

Key Points: 
  • Bhd., the Manager of Hektar Real Estate Investment Trust ("Hektar REIT"), today reported a resilient financial performance for the third quarter ended 30 September 2023 ("Q3 2023").
  • In Q3 2023, Hektar REIT achieved a total revenue of RM27.8 million and an NPI of RM15.4 million.
  • The REIT has elevated the overall occupancy rate of its retail asset portfolio to 87.7% during the third quarter of 2023.
  • Our overall committed occupancy currently stands at 88.4%, and we are positive we will surpass the 90% mark by the end of this year.

KJTS Group Berhad Receives Bursa Malaysia's Approval for ACE Market Listing

Retrieved on: 
Wednesday, November 22, 2023
Exercise, Bursa Malaysia, Society, University, Sale, KJTS, Person, Hospital, Engineering, Food, Growth, IPO, Bumiputera, Security (finance)

KUALA LUMPUR, Nov 22, 2023 - (ACN Newswire) - KJTS Group Berhad ("KJTS" or the "Company") and its subsidiaries (collectively referred to as "KJTS Group" or the "Group"), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce its approval to list on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Malaysia").

Key Points: 
  • KUALA LUMPUR, Nov 22, 2023 - (ACN Newswire) - KJTS Group Berhad ("KJTS" or the "Company") and its subsidiaries (collectively referred to as "KJTS Group" or the "Group"), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce its approval to list on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Malaysia").
  • The leadership of the current management team of the Group has been instrumental in shaping KJTS Group's growth.
  • Managing Director of KJTS Group, Mr. Lee Kok Choon ("KC Lee"), commented on the milestone, saying, "We are grateful to the Bursa Malaysia for their approval of our IPO on the ACE Market.
  • This listing is a pivotal step in elevating KJTS' profile and further extending our market reach across Malaysia, Singapore, and Thailand.

Malaysia releases Simplified ESG Disclosure Guide for SMEs in Supply Chains

Retrieved on: 
Wednesday, October 18, 2023
Disclosure, Maybank, Corporate governance, TIG, Securities commission, Bhāṣā, Securities Commission Malaysia, CIMB, Capital market, SME, Malaysian Malay, Dato, Global Reporting Initiative, Simplification, DPMM, International Sustainability Standards Board, Volvo, Bursa, Sustainability, ESG, CMM, Navina Bole, Commerce, Learning, Non-governmental organization, Intermediate, Government, Policy, Bursa Malaysia, Environment, Business Finland, Adoption of free and open-source software by public institutions, Export Credit Guarantee Corporation of India, Medical device, Rare-earth element, Film industry, Renewable energy

First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.

Key Points: 
  • First-of-its-kind guidance developed to support SMEs within supply chains in tracking and reporting their sustainability disclosures to remain relevant and competitive.
  • KUALA LUMPUR, Oct 18, 2023 - (ACN Newswire) - Capital Markets Malaysia ("CMM"), an affiliate of the Securities Commission Malaysia ("SC"), today launched a Simplified ESG Disclosure Guide ("SEDG"), making Malaysia the first country globally to provide small-to-medium enterprises ("SMEs") within global supply chains with a streamlined and standardised set of guidelines in relation to environment, social and governance ("ESG") disclosures.
  • In formulating the Guide, public and market consultations were conducted with multiple stakeholder groups -- including large multinational and public listed companies ("PLCs"), SMEs, and regulatory and policy stakeholders -- to better understand the disclosure challenges, needs and expectations of SMEs within the supply chain.
  • The Adopter Programme will provide SMEs with access to in-person training, tutorials, and workshops nationwide to guide SMEs in disclosing ESG data.

ICDM: Professionalising of Board Leadership and Directorship Key to Catalysing Performance and Excellence in Businesses

Retrieved on: 
Wednesday, June 28, 2023
Bursa Malaysia, PLC, Culture, Overalls, Institute of Corporate Directors, Corporate governance, Woman, AGM, Institute of Directors, Social Security Government Pension Offset, Securities Commission Malaysia, LIP, Department of Sustainability and Environment, Sustainability, Acquisition, Securities Commission (Brazil), III, Knowledge, Growth, ESG, Environment, Social, Hybrid, MAP, Management

Overall, the membership base has grown 13-fold and 8-fold respectively for individual and corporate membership, compared to when ICDM concluded its first-year performance in 2018.

Key Points: 
  • Overall, the membership base has grown 13-fold and 8-fold respectively for individual and corporate membership, compared to when ICDM concluded its first-year performance in 2018.
  • To contextualise, ICDM's annual membership growth rate amongst other institutes of directors (IoD) in the region is second only to Australia and New Zealand.
  • Board & Directors Effectiveness Evaluation (BDEE): Completed 20 external board and directors board evaluations, a 33% rise from the previous reporting period.
  • For more information on ICDM membership and how it can benefit the directorship journey, please visit https://icdm.com.my/.

INVEST Fair 2023: Grow Your Money Lahh! to be held on 3rd & 4th June 2023 in Kuala Lumpur Malaysia

Retrieved on: 
Monday, May 29, 2023
Berkshire Hathaway, Bursa Malaysia, Fair, Knowledge, Guest of honour, Cryptocurrency

Held from 10am - 9pm on 3rd June (Saturday) and 10am - 7pm on 4th June (Sunday), INVEST Fair will host more than 50 expert speakers from the field of finance and investment.

Key Points: 
  • Held from 10am - 9pm on 3rd June (Saturday) and 10am - 7pm on 4th June (Sunday), INVEST Fair will host more than 50 expert speakers from the field of finance and investment.
  • Selected sessions will be conducted in Malay and Chinese to inspire all Malaysians to be prudent and savvy investors.
  • In addition to the enriching sessions and valuable investment insights, more than RM20,000 worth of prizes are up for grabs.
  • For more information on the event and registration details, please visit our official website at https://my.invest-fair.com/
    Media passes are available upon request.

VCI Global Expands Business Advisory Practice into Capital Markets Sector

Retrieved on: 
Monday, May 15, 2023
Blockchain, IPO, Partnership, NFT, Bursa Malaysia, PayPal, HFA, USDC, ASX, VCI, USD, NSX, Non-fungible token, Acquisition, OTC, TSX, Digital, NYSE, Financial services, Cryptocurrency, Security (finance), Upstream

This HFA partnership works to add immense value to VCI Global’s expanding business advisory practice by offering VCI clients a streamlined path to dual list on Upstream’s next generation market and reach a digital-first investor base.

Key Points: 
  • This HFA partnership works to add immense value to VCI Global’s expanding business advisory practice by offering VCI clients a streamlined path to dual list on Upstream’s next generation market and reach a digital-first investor base.
  • HFA comes to VCI Global with an impressive track record of success in listing companies on Upstream, which has allowed them to develop a valuable network of investors and issuers.
  • This network, combined with VCI Global’s innovative consulting and advisory services, is expected to lead the Company to even greater heights.
  • Commercially, if a VCI Global client that’s listed on the Bursa Malaysia Securities Berhad (“Bursa Malaysia”), or any other global stock exchange, lists on Upstream, then VCI Global will share in HFA’s sponsor advisory listing fee, and VCI Global may also share in IPO fees for its clients that raise capital on Upstream.

Hektar REIT's ESG Commitment Rewarded with Two Awards

Retrieved on: 
Tuesday, November 29, 2022
FTSE Russell, CCO, Securities commission, Financial management, FTSE Bursa Malaysia KLCI, ESG, Strategic management, REIT, DNA, Property, Securities Commission Malaysia, The Edge (Malaysia), Climate change, Equity Ensemble Awards, IR, Hotel manager, Social, Management, EMAS, BHD, Senior, Subang Parade, CSR, Marjorie Sterrett Battleship Fund Award, Assistant, GM, Carbon, Reverse vending machine, Hectare, Sustainability, Water, Bursa Malaysia, United States Navy Special Projects Office, RVM, Woman, Non-governmental organization, Morning Star, Risk management, Law, Biophysical environment

The Edge Malaysia ESG Awards 2022 comprised two categories - the Equity Awards and the Fund Awards.

Key Points: 
  • The Edge Malaysia ESG Awards 2022 comprised two categories - the Equity Awards and the Fund Awards.
  • The Equity Awards were organised in collaboration with Bursa Malaysia and FTSE Russell and the Fund Awards were in collaboration with the Securities Commission and Morningstar.
  • These awards were aimed at promoting ESG adoption and leadership amongst industry leaders and professionals by recognising their contributions and successes.
  • Our commitment to ESG principles is long-term, as we recognise that all of us have a responsibility to our stakeholders.

Malaysian Genomics Reports RM28.36 Million Full-Year Revenue

Retrieved on: 
Tuesday, August 30, 2022
Cancer, Kidney, Genetic testing, PBT, Genomics, Immunotherapy, Group, LBT, Bursa Malaysia, Growth, Review, Patient, Fine chemical, Pharmaceutical industry

For the financial year ended 30 June 2022 (FY2022), Malaysian Genomics registered revenue of RM28.36 million, which is an increase of RM26.58 million compared with RM1.78 million reported in the corresponding period of the previous financial year (FY2021) from growth of the biopharmaceutical business comprising of immunotherapy and cell therapies as well as COVID-19-related products and services.

Key Points: 
  • For the financial year ended 30 June 2022 (FY2022), Malaysian Genomics registered revenue of RM28.36 million, which is an increase of RM26.58 million compared with RM1.78 million reported in the corresponding period of the previous financial year (FY2021) from growth of the biopharmaceutical business comprising of immunotherapy and cell therapies as well as COVID-19-related products and services.
  • The Group recorded PBT of RM6.18 million for FY2022 compared with LBT of RM4.29 million in FY2021 mainly due to higher revenue as a result of higher margin as well as cost efficiencies.
  • Malaysian Genomics Resource Centre Berhad ("Malaysian Genomics" or "the Group") is a leading genomics and biopharmaceutical company based in Southeast Asia.
  • From pioneering work in genome sequencing, bioinformatics analysis, and genetic screening services, Malaysian Genomics has expanded into the biopharmaceutical sector with the manufacturing of cell therapies including immunotherapy for various types of cancer.