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
-moomoo News MY
Wall Street Summary
Te...

Good morning mooers! Here are things you need to know about today's market:
●US stocks ended sharply lower on Wednesday
●Malaysia's real GDP to rise 4.3% in 2024 on higher global export demand
●Consumer sector expected to fair positively
●Agrobank sees stronger agriculture with Budget 2024
●Bank Negara engaging in recovery plan submissions
●Stocks to watch: Bursa, AMMB
-moomoo News MY
Wall Street Summary
Long-term bond yields hit a fres...

Good morning mooers! Here are things you need to know about today's market:
●U.S. stocks climb despite rise in Treasury yields, with Nasdaq Composite Index up 1.6%
●Foreign buying extends for sixth week at slower pace of RM52.7mil
●Stocks to watch: AMMB, YTL Power, Top Glove, MyEG Services, Gas Malaysia
-moomoo News MY
Wall Street Summary
A good day for tech shares helped support stock indexes on Monday even while Treasury yie...