January 19, 2017 8:15 AM ET

Capital Markets

Company Overview of Kenanga Investment Bank Berhad

Company Overview

Kenanga Investment Bank Berhad primarily provides investment banking, stock broking, and related financial services in Malaysia. It operates through Stockbroking, Investment Banking, Investment Management, and Futures segments. The company’s products and services include corporate and institutional coverage, corporate finance, debt and equity capital markets, corporate banking, Islamic finance, equity broking, equity derivatives and structured products, and treasury, as well as investment research and advisory services. It is also involved in the provision of nominee services. The company was formerly known as K & N Kenanga Berhad and changed its name to Kenanga Investment Bank Berhad in 200...

Kenanga International

8th Floor

Jalan Sultan Ismail

Kuala Lumpur,  50250

Malaysia

Key Executives for Kenanga Investment Bank Berhad

Kenanga Investment Bank Berhad does not have any Key Executives recorded.

Kenanga Investment Bank Berhad Key Developments

Kenanga Investment Bank Berhad, Special/Extraordinary Shareholders Meeting, Dec 02, 2016

Kenanga Investment Bank Berhad, Special/Extraordinary Shareholders Meeting, Dec 02, 2016, at 11:00 Singapore Standard Time. Location: Ballroom 1, Level 2, Renaissance Johor Bahru Hotel 2, Jalan Permas 11, Bandar Baru Permas Jaya 81750 Masai, Johor Malaysia Agenda: To consider and proposed allocation of esos options to tan ang ang, to tai wai, ng lee lee, tan sui hin, loh wei tak; to consider and proposed allocation of esos options to dato' chew ting leng, dato' goh teoh, kean; and to consider other matter also.

Kenanga Investment Bank Berhad Reports Unaudited Consolidated and Company Earnings Results for the Second Quarter and Year to Date Ended of June 30, 2016

Kenanga Investment Bank Berhad reported unaudited consolidated and company earnings results for the second quarter and year to date ended of June 30, 2016. For the quarter, on a consolidated basis, the company reported net interest income of MYR 21,461,000 compared to MYR 20,665,000 a year ago. Net income was MYR 98,072,000 compared to MYR 92,940,000 a year ago. Operating profit was MYR 7,370,000 compared to MYR 392,000 a year ago. Profit before taxation and zakat was MYR 8,015,000 compared to MYR 2,706,000 a year ago. Profit for the period attributable to equity holders of the bank was MYR 5,269,000 compared to MYR 2,031,000 a year ago. Basic and diluted earnings per share were 0.68 sen compared to 0.26 sen a year ago. Profit for the period was MYR 14,361,000 compared to MYR 5,603,000 a year ago. For the year to date, on a consolidated basis, the company reported net interest income of MYR 42,200,000 compared to MYR 39,813,000 a year ago. Net income was MYR 203,238,000 compared to MYR 194,450,000 a year ago. Operating profit was MYR 19,843,000 compared to MYR 6,717,000 a year ago. Profit before taxation and zakat was MYR 20,983,000 compared to MYR 9,070,000 a year ago. Profit for the period attributable to equity holders of the bank was MYR 13,927,000 compared to MYR 5,173,000 a year ago. Basic and diluted earnings per share were 1.81 sen compared to 0.67 sen a year ago. Profit for the period was MYR 5,443,000 compared to MYR 2,269,000 a year ago. Net operating cash flow was MYR 27,799,000 compared to net cash used in operating activities of MYR 321,556,000 a year ago. Purchase of property, plant and equipment was MYR 161,614,000 compared to MYR 1,791,000 a year ago. Purchase of intangible assets was MYR 1,007,000. For the quarter, on a company basis, the company reported net interest income of MYR 18,993,000 compared to MYR 18,593,000 a year ago. Net income was MYR 82,522,000 compared to MYR 80,849,000 a year ago. Operating profit was MYR 7,799,000 compared to MYR 1,611,000 a year ago. Profit before taxation and zakat was MYR 7,971,000 compared to MYR 929,000 a year ago. Profit for the period was MYR 5,742,000 compared to MYR 637,000 a year ago. For the year to date, on a company basis, the company reported net interest income of MYR 37,185,000 compared to MYR 35,656,000 a year ago. Net income was MYR 172,663,000 compared to MYR 169,571,000 a year ago. Operating profit was MYR 20,423,000 compared to MYR 9,005,000 a year ago. Profit before taxation and zakat was MYR 22,109,000 compared to MYR 8,449,000 a year ago. Profit for the period was MYR 16,350,000 compared to MYR 5,745,000 a year ago. Net operating cash flow was MYR 6,533,000 compared to net cash used in operating activities of MYR 331,037,000 a year ago. Purchase of property, plant and equipment was MYR 161,321,000 compared to MYR 1,454,000 a year ago.

Kenanga Investment Bank Berhad Enters into a Subscription Agreement and a Joint Venture Agreement with Rakuten Securities, Inc. and EB Global JV Sdn. Bhd

The Board of Directors of K & N Kenaga Holdings Berhad announced that Kenanga Investment Bank Berhad has on 8 April 2016 entered into a Subscription Agreement and a Joint Venture Agreement with Rakuten Securities, Inc. and EB Global JV Sdn. Bhd., to jointly collaborate in providing online brokerage services through the JV Company, subject to the relevant regulatory approvals being obtained.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 28, 2016
Dijaya Plaza Tower in Jalan Tun Razak
 

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