May 27, 2018 12:55 PM 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 primarily in Malaysia. It operates through Stockbroking, Investment Banking, Investment Management, Futures, and Money Lending and Financing segments. The company’s products and services include corporate and institutional coverage, corporate finance, debt and equity capital markets, corporate banking, equity broking, equity derivatives and structured warrants, treasury, investment research and advisory services, and retirement solutions, as well as Islamic margin finance and factoring, structured financing, and equity financing solutions. It is also involved in the provision o...

Kenanga Tower

Level 17

237, Jalan Tun Razak

Kuala Lumpur,  50400

Malaysia

1,173 Employees

Phone:

60 3 2172 2888

Fax:

60 3 2172 2999

Key Executives for Kenanga Investment Bank Berhad

Group Managing Director and Managing Director of K & N Kenanga Holdings Bhd Group
Age: 53
Total Annual Compensation: 252.0K
Compensation as of Fiscal Year 2016.

Kenanga Investment Bank Berhad Key Developments

Kenanga Investment Bank Berhad Reports Audited Group and Bank Earnings Results for the Year Ended December 31, 2017

Kenanga Investment Bank Berhad reported audited group and bank earnings results for the year ended December 31, 2017. For the year, the group reported interest income of MYR 295,335,000 against MYR 255,187,000 a year ago. Net interest income was MYR 86,829,000 against MYR 88,729,000 a year ago. Net income was MYR 466,058,000 against MYR 409,358,000 a year ago. Operating profit was MYR 54,868,000 against MYR 32,300,000 a year ago. Profit before taxation and zakat was MYR 40,619,000 against MYR 32,537,000 a year ago. Profit for the year was MYR 24,166,000 against MYR 20,207,000 a year ago. Profit for the year attributable to equity holders of the Bank was MYR 24,188,000 against MYR 19,720,000 a year ago. Basic and fully diluted earnings per share were 3.35 sen against 2.59 sen a year ago. Net cash generated from operating activities was MYR 454,783,000 against net cash used in operating activities of MYR 46,859,000 a year ago. Purchase of property, plant and equipment were MYR 17,452,000 against MYR 158,627,000 a year ago. Purchase of intangible assets was MYR 200,000 compared to MYR 718,000 a year ago. Net return on average assets was 0.37% compared to 0.32% a year ago. For the year, the Bank reported interest income of MYR 287,630,000 against MYR 240,387,000 a year ago. Net interest income was MYR 77,927,000 against MYR 77,292,000 a year ago. Net income was MYR 392,322,000 against MYR 343,508,000 a year ago. Operating profit was MYR 61,418,000 against MYR 32,102,000 a year ago. Profit before taxation and zakat was MYR 61,608,000 against MYR 33,613,000 a year ago. Profit for the year was MYR 45,381,000 against MYR 22,027,000 a year ago. Net cash generated from operating activities was MYR 452,488,000 against net cash used in operating activities of MYR 74,895,000 a year ago. Purchase of property, plant and equipment and intangible assets were MYR 15,101,000 against MYR 157,455,000 a year ago.

Kenanga Investment Bank Berhad Announces Final Dividend for the Financial Year Ended 31 December 2017, Payable May 31, 2018

The Board of Directors of Kenanga Investment Bank Berhad announced a final dividend of 3.0 sen per share in respect of the financial year ended December 31, 2017. The dividend payment date is may 31, 2018 and entitlement date is May 24, 2018. EX-date is 22 May 2018.

Tri-Mode System (M) Bhd Signs an Underwriting Agreement with TA Securities Holdings Bhd and Kenanga Investment Bank Bhd as Joint Underwriters

Tri-Mode System (M) Bhd had signed an underwriting agreement with TA Securities Holdings Bhd and Kenanga Investment Bank Bhd as joint underwriters for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd. TA Securities wouldact as itsprincipal adviser, sponsor, managing underwriter, joint underwriter and placement agent, while Kenangawould be the joint underwriter for the IPO, ZJ Advisory Sdn Bhd has been appointed as the financial adviser for the listing exercise.

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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