KENANGA ANNUAL REPORT 2020

12 2 1 3 4 5 6 7 OUR PERFORMANCE GROUP MANAGING DIRECTOR’ S MANAGEMENT DI SCUSS ION & ANALYS I S DATUK CHAY WAI LEONG Group Managing Director DEAR SHAREHOLDERS, The COVID-19 pandemic triggered serious challenges to the health of the global economy throughout 2020. Global economic activities were muted, with subsequent waves of the pandemic contributing to uncertainties that are expected to carry-over well into 2021.