KENANGA ANNUAL REPORT 2019

1 2 4 3 5 6 7 OUR JOURNEY THIS YEAR begins with Our Business Who We Are 3 Corporate Structure 4 Corporate Information 6 Our Performance Chairman’s Message 8 Group Managing Director’s Management Discussion and Analysis 10 How We Are Governed Founder & Adviser’s Profile 17 Board of Directors 18 Directors’ Profiles 20 Group Managing Director’s Profile 29 Senior Management’s Profiles 30 Corporate Governance Overview Statement 39 Ethics and Compliance Statement 60 Statement on Risk Management and Internal Control 69 Audit Committee Report 74 Sustainability Statement 82 Financial Statements Five (5)-Year Group Financial Summary 103 Five (5)-Year Group Financial Highlights 103 Directors’ Report 104 Statement by Directors 110 Statutory Declaration 110 Independent Auditors’ Report 111 Shariah Committee’s Report 118 Consolidated Statement of Financial Position 120 Statement of Financial Position 121 Statements of Profit or Loss and Other Comprehensive Income 122 Consolidated Statement of Changes in Equity 124 Statement of Changes in Equity 125 Statements of Cash Flows 127 Notes to the Financial Statements 130 Shareholders’ Information Analysis of Shareholdings 320 Distribution of Shareholdings 320 List of Thirty (30) Largest Shareholders 321 Substantial Shareholders’ Interests in Shares 322 Directors’ Interests in Shares 322 Group Managing Director’s Interests in Securities 322 Additional Information Corporate Directory 323