3 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 KENANGA AT A GLANCE Kenanga’s Digital Journey Rakuten Joint Venture Kenanga entered into a joint venture with Japanese internet giant Rakuten Securities, Inc. 2016 Back Office Digitalisation Kenanga completed back office digitalisation to enhance efficiencies. Launch of Rakuten Trade Kenanga and Rakuten Securities, Inc. jointly launched Rakuten Trade, Malaysia’s first fully digital equity broker. 2017 2017 2019 Launch of Remisier Portal Kenanga launched a new portal to enable remisiers to work remotely. 2020 E-Wallet Launch with Merchantrade Kenanga launched an e-wallet with Merchantrade and later acquired a 4.99% stake in the company. 2020 Partnership with CapBay Kenanga entered into partnership with CapBay to digitalise first-in-Malaysia factoring solution unifying both, private and public sector’s receivables under one (1) platform. 2021 A Stake in Tokenize Xchange Kenanga received approval from Securities Commission Malaysia to acquire 19% stake in Digital Asset Exchange Platform, Tokenize Xchange. 2022 2022 Launch of a Robo-Advisory Platform Kenanga launched a fully A.I.-driven robo-advisory platform, Kenanga Digital Investing. Signed Memorandum of Understanding with Ant Group Kenanga entered into partnership with Ant Group to develop Malaysia’s first Wealth SuperApp, geared to revolutionise wealth generation and management.
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