KENANGA ANNUAL REPORT 2020

5 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD Libra Invest Berhad (199501032001 (361207-D)) KUT Nominees (Asing) Sdn Bhd (200201001939 (569602-K)) KUT Nominees (Tempatan) Sdn Bhd (200201001942 (569605-D)) Kenanga Islamic Investors Berhad (199701036457 (451957-D)) Kenanga Funds Berhad (200301017657 (620077-K)) I-VCAP Management Sdn Bhd (200701034939 (792968-D)) 100% 100% 100% 100% 100% 100% Al Wasatah Al Maliah Company (1010241832) (Incorporated in the Kingdom of Saudi Arabia) K & N Kenanga Holdings Berhad (199401017181 (302859-X)) Kenanga Singapore Pte Ltd (201433886E) (Incorporated in Singapore) Rakuten Trade Sdn Bhd (199301011963 (266701-P)) Avenue Kestrel Sdn Bhd (198301001914 (97150-A)) Kenanga Investors Berhad (199501024358 (353563-P)) Kenanga Futures Sdn Bhd (199501024398 (353603-X)) 100% 100% 100% 100% 100% 50% NOTE: All the above companies are incorporated in Malaysia except for Kenanga Investment Corporation Ltd, Kenanga Vietnam Securities Joint Stock Corporation, Al Wasatah Al Maliah Company and Kenanga Singapore Pte Ltd. 29.6%