- Business
- JcbNext Berhad is a Malaysia-based investment holding company listed on the Main Board of Bursa Malaysia that engages primarily in equity investments, property investments, treasury investments, investment in associates, and property leasing; it also provides online advertising services and operates the Autoworld.com.my automotive content website in Malaysia. Incorporated in 2004 and headquartered in Kuala Lumpur, the company holds significant stakes in associates including 104 Corporation, Taiwan's largest job site listed on the Taiwan Stock Exchange; Innity Corporation Berhad, a provider of interactive online marketing platforms and technologies listed on the ACE Market of Bursa Malaysia; and other quoted securities across Malaysia, Hong Kong/China, Australia, Singapore, and Europe, while owning an eight-storey office building in Kuala Lumpur and a two-storey shop lot office in Johor. Its operations span the Asia Pacific region, targeting digital marketing, advertising, and investment sectors with a focus on generating dividend income and long-term capital appreciation. In 2024, JcbNext invested an additional RM61.11 million into its equity portfolio, bringing the total cost to RM147.5 million by year-end and further to RM159.8 million by early 2025 through RM15.5 million in new investments and RM3.2 million in disposals; it continued partial sales of its 104 Corporation shares via open market transactions to diversify holdings and manage concentration risk, recording RM34.03 million in gains that contributed significantly to its RM51.12 million net profit; and declared an interim dividend of 7.0 sen per share in December 2024 alongside a final dividend of 6.5 sen for FY2023 in July, reflecting strengthened free cash flow from growing dividend and interest income.