3 days ago
PGB clinches top shareholder returns award at The Edge Centurion Club's corporate Awards 2025
MAIN Market-listed property developer Paragon Globe Bhd (PGB) (formerly Goh Ban Huat Bhd) has been honoured with the 'Highest Returns to Shareholders Over Three Years' award at The Edge Malaysia Centurion Club Corporate Awards 2025.
The annual prestigious award celebrates Malaysia's best-performing small and mid-cap companies.
The accolade for 'Highest Returns to Shareholders' is a purely merit-based recognition which is presented to the listed company that has delivered the highest risk-adjusted total returns to its investors based on independently audited data.
PGB's win is a direct result of the group's disciplined financial management and a strategic focus on optimising its landbank in high-growth corridors.
This achievement was driven by the successful execution of its diversified portfolio, particularly the high-potential and sustainable industrial and commercial projects like Desa 27@Desa Cemerlang and PGB Hostel@ Pekan Nenas that have captured strong market demand.
'This award is a testament to our team's commitment to value creation and disciplined execution of our strategies,' commented PGB's executive chairman Datuk Seri Edwin Tan Pei Seng.
'We've worked hard to position PGB as a trusted developer with strong fundamentals by focusing on high-potential and sustainable developments. The results are reflected in our shareholder returns and our market reputation.'
Tan further expects the group's on-going and upcoming developments io continue to underpin growth in the years ahead.
They include the Desa 27 and Desa 100 industrial parks; Pekan Sentral Phase 3; detached factories D2 in Pekan Nenas; the PGB Hostel; Selgate Specialist Hospital Sepang as well as upcoming flagship residential projects Calia Residences, The Iconic and Kensington Parkview township in Iskandar Puteri, Johor.
'Moving forward, we remain focused on sustainable growth, supported by the industrial property sector's robust demand in Johor, especially with the Johor-Singapore Special Economic Zone a (JS-SEZ) and RTS Link enhancing regional connectivity,' envisages Tan.
'At the same time, our commitment to ESG (environment, social and governance) principles, including the pursuit of GreenRE certifications across our projects, positions PGB strongly for long-term value creation.'
All in all, the latest rcognition underscores PGB's resilience, adaptability and strong governance, thus re-affirming its place as one of Malaysia's top-performing small and mid-cap companies.
At the close of today's (Aug 12), market trading, PGB was unchanged at 60.5 sen with 10,400 shares traded, thus valuing the company at RM452 mil. – Aug 12, 2025
