Matrix Concepts Holdings Bhd has been feted at The Edge Billion Ringgit Club (BRC) Awards 2024 for having the highest return on equity over three years in the property below RM3bil market capitalisation category.

In a statement, the property developer said the award underscored its steadfast commitment to delivering exceptional value to its stakeholders, maintaining robust financial performance, and exemplifying superior corporate governance practices

“This award not only celebrates our financial resilience and strategic initiatives but also reinforces our commitment to building quality developments that contribute meaningfully to the communities we serve.

“We are humbled to stand among Malaysia’s top companies and are inspired to continue striving for even greater success,” said Matrix Concepts CEO Chai Keng Wai.

He added that the win is a validation of the group’s strategic vision and its commitment to sustainable growth. “It reinforces the company’s reputation as a leader in the property development industry and provides further impetus to pursue innovative and impactful developments that resonate with the needs of the communities it serves.”

The Edge Billion Ringgit Club, established in 2010, serves as a platform to recognise Malaysia’s top-performing public-listed companies with a market capitalisation of at least RM1bil.