How We Are Governed Financial Statements Shareholders’ Information Additional Information 03 KENANGA’S DIGITAL JOURNEY Key Highlight Highest Profit in the Group’s History as an Investment Bank Profit Before Tax 2019 2020 2021 RM43 million RM135 million RM148 million 2016 Rakuten Joint Venture Kenanga entered into a joint venture with Japanese internet giant Rakuten Group, Inc. 2019 Launch of Remisier Portal Kenanga launched a new portal to enable remisiers to work remotely. 2021 A Stake in Tokenize Xchange Kenanga received approval from Securities Commission Malaysia to acquire 19% stake in Digital Asset Exchange Platform, Tokenize Xchange. 2017 Back Office Digitalisation Kenanga completed back office digitalisation to enhance efficiencies. 2020 E-Wallet Launch with Merchantrade Kenanga launched an e-wallet with Merchantrade and later acquired a 4.99% stake in the company. 2021 Fintech Fund Kenanga signed a collaboration agreement with Malaysia Debt Ventures Berhad to jointly establish a Fintech Fund aimed at developing the venture capital industry in Malaysia. 2017 Launch of Rakuten Trade Kenanga and Rakuten jointly launched Rakuten Trade, Malaysia’s first fully digital equity broker. 2020 Partnership with CapBay Kenanga entered into partnership with CapBay to digitalise first-in-Malaysia factoring solution unifying both, private and public sector receivables under one platform. 2022 Launch of a Robo-Advisory Platform Kenanga launched a fully A.I.-driven robo-advisory platform, Kenanga Digital Investing.
RkJQdWJsaXNoZXIy NDgzMzc=