3 WE ARE KENANGA OUR SUSTAINABILITY APPROACH LEADERSHIP STATEMENT HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION OUR VALUE CREATION APPROACH KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2024 2 KENANGA AT A GLANCE Today, Kenanga Investment Bank Berhad (“KIBB” or “Kenanga”) is the country’s leading independent investment bank with a continuous commitment towards driving collaboration, innovation, digitalisation and sustainability in the marketplace. Its ambitions include building a robust digital ecosystem that meets the needs of its clients and businesses. Some of its gamechanging products include Malaysia’s fully online digital stockbroking platform, Rakuten Trade Sdn Bhd (“Rakuten Trade”) and a fully artificial intelligence (“AI”) robo-advisor, Kenanga Digital Investing. In 2024, the Group introduced KDi GO, an all-in-one Malaysia’s first Wealth SuperApp designed to transform the way individuals manage their finances. 2017 2016 2019 2020 2021 2022 2023 2024 Rakuten Joint Venture Kenanga entered into a joint venture with Japanese internet giant Rakuten Securities, Inc. Launch of Remisier Portal Kenanga launched a new portal to enable remisiers to work remotely. Launch of KDi GO Kenanga launched KDi GO, an all-inone Malaysia’s first Wealth SuperApp, aimed at redefining how individuals manage their finances. Launch of Rakuten Trade Kenanga and Rakuten Securities, Inc. jointly launched Rakuten Trade, Malaysia’s first fully digital equity broker. Back Office Digitalisation Kenanga completed back office digitalisation to enhance efficiencies. e-Wallet Launch with Merchantrade Asia Sdn Bhd (“Merchantrade”) Kenanga launched Kenanga Money, Malaysia’s first stockbroker e-wallet, with Merchantrade and later acquired a stake in the company. Partnership with Bay Group Holdings Sdn Bhd (“CapBay”) Kenanga entered into a partnership with CapBay to digitalise first-inMalaysia factoring solution, unifying both, private and public sector’s receivables under one (1) platform. A Stake in Tokenize Technology (M) Sdn Bhd Kenanga received approval from the Securities Commission Malaysia to acquire a stake in Digital Asset Exchange Platform, Tokenize Xchange. Launch of a Robo-Advisory Platform Kenanga launched a fully AI-driven robo-advisory platform, Kenanga Digital Investing. on 9 June 2023 Signed Memorandum of Understanding with Ant Group Kenanga entered into a collaboration with Ant Group to develop Malaysia’s first Wealth SuperApp, geared to revolutionise wealth generation and management. KENANGA’S DIGITAL JOURNEY Over 500,000 clients Over 6,100 licensed representatives Over 1,300 employees RM23.5 BILLION Assets Under Administration
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