In a twist reminiscent of finding cash in a festive red envelope, Meta Bright Group Berhad (MBGB) recently uncovered an unexpected windfall: five forgotten shoplots in Setapak, Kuala Lumpur, worth a collective RM8.25 million. The discovery, announced on January 24, 2025, feels like a stroke of corporate luck—a hidden gem tucked away in the company’s portfolio, waiting to be opened.
The ‘Ang Pao’ Moment: How It Happened
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Meta Bright Group Berhad has been showing some interesting price action, especially as it approaches critical levels on the chart. The stock is currently holding at a crucial support level of RM0.120. This level has proven to be a significant zone of buying interest in the past, as evidenced by the repeated testing and subsequent rebounds.
On the upside, the nearest resistance stands at RM0.130. This level aligns with previous consolidation zo...

Meta Bright Group Berhad delivered exceptional results in Q1 FY2025, recording RM58.7 million in revenue, a 463% year-on-year increase. This surge was driven by the building materials segment, which contributed RM47.9 million following a strategic acquisition. Profit before tax rose dramatically to RM7.3 million, up 1,398% from the previous year, while profit after tax reached RM5.0 million. Improved margins reflect strong cos...

For the uninitiated, Meta Bright Group Berhad (KLSE: MBRIGHT) has strategically expanded its footprint in Sabah’s burgeoning infrastructure sector through the acquisition of a 70% stake in Expogaya Sdn. Bhd. (EXPO) for RM28.04 million. This acquisition, completed in January 2024, positions Meta Bright as a significant vertically integrated player in the construction industry, particularly in the manufacturing, tr...

Budget 2025 has made a bold push towards advancing Malaysia’s energy transition with several new initiatives focused on sustainability and renewable energy.
Notably, the National Energy Transition Facility Fund is set to receive an increased allocation of RM300 million, tripling this year’s funding, reflecting the government’s commitment to driving cleaner energy solutions.
To encourage the adoption of energy-efficient equ...

Meta Bright Group Berhad (MBRIGHT, 2097), formerly known as Eastland Equity Berhad, has established itself as a prominent player in the hotel and real estate industries. Following its rebranding, the company has undergone significant structural changes, marked by strategic acquisitions that have propelled its growth trajectory.
At the core of the company's ethos lies the acronym META (Magnificent, Efficiency, Team Work, ...

Good morning mooers! Here are things you need to know about today's market:
●Tech sector retreat drives continued slide in major US stock indices
●Ambank research projects strong FBM KLCI performance despite economic challenges
●Brighter horizons for Malaysian manufacturing in 2024
●Malaysia's REIT sector set for growth amid tourism revival
●Stocks to watch: YTL Power, YTL, Maybank
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