Week 2, 2025: An Indonesian Packaging Products Provider Created 59% More Wealth During the Week and a Singaporean Live Stream Operator is Forecast to Grow Earnings by 161% Annually

Jan 12, 2025

The following are Southeast Asia’s fastest wealth creators in Week 2, 2025 (January 3 to 10, 2025) and the fastest future earnings growers.

Indonesia

Fastest Wealth Creators of the Week

Solusi Kemasan Digital (PACK): +58.8%

Indonesian flexible packaging products provider Solusi Kemasan Digital created 58.8% more wealth for shareholders in Week 2, 2025. At the last share price of Rp1,175, the market is expecting a shareholder return of 11.9% per year over the next five years.

Bank Artha Graha Internasional (INPC): +41.2%
Bakrie & Brothers (BNBR): +40.0%
Jakarta International Hotels & Development (JIHD): +27.1%
PT. Indika Energy (INDY): +22.1%

Fastest Future Earnings Growers

GoTo Gojek Tokopedia (GOTO): +131.0% per year

Indonesian on-demand service provider and operator GoTo Gojek Tokopedia is forecast to grow earnings by 131.0% per year over the next three years.

Merdeka Copper Gold (MDKA): +128.1% per year
Global Digital Niaga (BELI): +117.9% per year
Bank Neo Commerce (BBYB): +110.1% per year
Bukalapak.com (BUKA): +98.6%

Malaysia

Fastest Wealth Creators of the Week

Wasco Berhad (WASCO): +16.0%

Malaysian energy solutions provider Wasco Berhad created 16.0% more wealth for shareholders in Week 2, 2025. At the last share price of RM1.23, the market is expecting a shareholder return of 13.1% per year over the next five years.

PTT Synergy Group Berhad (PTT): +11.9%
Kumpulan Fima Berhad (KFIMA): +10.4%
Go Hub Capital Berhad (GOHUB): +10.3%
Cloudpoint Technology Berhad (CLOUDPT): +8.6%

Fastest Future Earnings Growers

HeveaBoard Berhad (HEVEA): +115.1% per year

Malaysian particleboard manufacturer and distributor HeveaBoard Berhad is forecast to grow earnings by 115.1% per year over the next three years.

Supermax Corporation Berhad (SUPERMX): +112.9% per year
JHM Consolidation Berhad (JHM): +112.8% per year
ECA Integrated Solution Berhad (ECA): +109.4% per year
Tune Protect Group Berhad (TUNEPRO): +105.5% per year

Philippines

Fastest Wealth Creators of the Week

GMA Holdings (GMAP): +22.3%

Philippine radio and television broadcaster GMA Holdings created 22.3% more wealth for shareholders in Week 2, 2025. At the last share price of PHP6.20, the market is expecting a shareholder return of 11.6% per year over the next five years.

Atok-Big Wedge (AB): +15.4%
Lopez Holdings (LPZ): +13.4%
DITO CME Holdings (DITO): +8.2%
GMA Network (GMA7): +7.9%

Fastest Future Earnings Growers

Philex Mining (PX): +73.9% per year

Philippine mineral resources explorer and developer Philex Mining is forecast to grow earnings by 73.9% per year over the next three years.

Citicore Renewable Energy (CREC): +69.9% per year
MREIT (MREIT): +52.9% per year
Monde Nissin (MONDE): +51.1% per year
Petron (PCOR): +40.4% per year

Singapore

Fastest Wealth Creators of the Week

G.H.Y Culture & Media Holding (XJB): +6.9%

Singaporean drama, film, and concert producer and promoter G.H.Y Culture & Media Holding created 6.9% more wealth for shareholders in Week 2, 2025. At the last share price of S$0.15, the market is expecting a shareholder return of 7.0% per year over the next five years.

Frasers Hospitality Trust (ACV): +6.4%
Lippo Malls Indonesia Retail Trust (D5IU): +5.9%
ProsperCap (PPC): +5.5%
PropNex (OYY): +5.3%

Fastest Future Earnings Growers

17LIVE Group (LVR): +161.4% per year

Singaporean live stream platform operator 17LIVE Group is forecast to grow earnings by 161.4% per year over the next three years.

Rex International Holding (5WH): +119.7% per year
Manulife US Real Estate Investment Trust (BTOU): +104.0% per year
Prime US REIT (OXMU): +103.9% per year
Yanlord Land Group (Z25): +94.4% per year

Thailand

Fastest Wealth Creators of the Week

BCPG (BCPG): +16.5%

Thai renewable electric power producer and distributor BCPG created 16.5% more wealth for shareholders in Week 2, 2025. At the last share price of THB6.35, the market is expecting a shareholder return of 10.3% per year over the next five years.

Delta Electronics (Thailand) (DELTA): +14.7%
BBGI (BBGI): +6.9%
Medeze Group (MEDEZE): +5.6%
Aura Design (AURA): +4.9%

Fastest Future Earnings Growers

T.K.S. Technologies (TKS): +148.2% per year

Thai printing products manufacturer T.K.S. Technologies is forecast to grow earnings by 148.2% per year over the next three years.

A.J. Plast (AJ): +147.3% per year
Global Green Chemicals (GGC): +145.9% per year
Veranda Resort (VRANDA): +143.1% per year
VGI (VGI): +129.2% per year

Vietnam

Fastest Wealth Creators of the Week

SJ Group (SJS): +19.2%

Vietnamese real estate firm SJ Group created 19.2% more wealth for shareholders in Week 2, 2025. At the last share price of VND84,900, the market is expecting a shareholder return of 11.5% per year over the next five years.

Vinacomin - Minerals Holding (KSV): +16.4%
Domesco Medical Import - Export (DMC): +9.3%
Hoang Anh Gia Lai Agricultural (HNG): +7.3%
Ha Giang Mineral Mechanics (HGM): +6.8%

Fastest Future Earnings Growers

KinhBac City Development Holding (KBC): +80.8% per year

Vietnamese real estate firm KinhBac City Development Holding is forecast to grow earnings by 80.8% per year over the next three years.

Southern Rubber Industry (CSM): +66.0% per year
Phat Dat Real Estate Development (PDR): +64.3% per year
Gia Lai Electricity (GEG): +54.9% per year
Pha Lai Thermal Power (PPC): +49.3% per year

SeA (Southeast Asia) Focus Portfolio Performance Update

From its inception on December 20, 2023, to December 31, 2024, the portfolio, which invests in the highest-quality and fastest-growing businesses in Southeast Asia at attractive prices, delivered an annualized return of 50.3%, outperforming all Southeast Asian country index funds.

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