KENANGA ANNUAL REPORT 2025

KENANGA AR 2025	3
WE ARE KENANGA	4
Kenanga at a Glance	4
Who We Are	6
Our Notable Recognitions in 2025	7
Corporate Structure	9
Corporate Information	10
LEADERSHIP STATEMENT	12
Chairman’s Message	12
Group Managing Director’s Management Discussion and Analysis	16
OUR VALUE CREATION APPROACH	25
Our Strategy	25
Economic Review	27
Key Risks, Mitigation and Opportunities	30
Value Creation Model	36
Stakeholder Engagement	38
Material Matters	39
OUR SUSTAINABILITY APPROACH	41
Sustainability Statement	41
HOW WE ARE GOVERNED	76
Founder Emeritus and Adviser’s Profile	76
Profiles of Directors	78
Group Managing Director’s Profile	86
Senior Management’s Profiles	87
Corporate Governance Overview Statement	96
Ethics and Compliance Statement	132
Statement on Risk Management and Internal Control	141
Audit Committee Report	146
FINANCIAL STATEMENTS	155
Five (5)-Year Group Financial Summary	155
Five (5)-Year Group Financial Highlights	155
Directors’ Report	156
Statement by Directors	163
Statutory Declaration	163
Independent Auditors’ Report	164
Shariah Committee’s Report	170
Consolidated Statement of Financial Position	171
Statement of Financial Position	172
Statements of Profit or Loss and Other Comprehensive Income	173
Consolidated Statements of Changes in Equity	175
Statements of Changes in Equity	177
Statements of Cash Flow	179
Notes to the Financial Statements	181
SHARIAH SCREENING DISCLOSURE	383
Disclosure of Financial Data for Shariah Screening	383
SHAREHOLDERS’ INFORMATION	385
Analysis of Shareholdings	385
List of Thirty (30) Largest Shareholders	386
Substantial Shareholders’, Directors’ and Group Managing Director’s Interest in Securities	387
ADDITIONAL INFORMATION	388
Notice of Annual General Meeting	388
Statement Accompanying Notice of 52nd Annual General Meeting	396
Corporate Directory	397
Proxy Form	401

Made with FlippingBook

RkJQdWJsaXNoZXIy NDgzMzc=