- Business
- Kenanga Investment Bank Berhad (Kenanga IB), Malaysia's leading independent investment bank listed on Bursa Malaysia (ticker: 6483.KL), provides a comprehensive suite of financial services including equity broking through platforms such as Rakuten Trade and KenTrade; investment banking encompassing corporate finance, debt and equity capital markets, and private equity; treasury operations; Islamic banking; listed derivatives trading; investment and wealth management via products like Kenanga Digital Investing robo-advisor, unit trusts, OnePRS, and OneETF; structured lending, trade financing, and Islamic factoring; as well as innovative digital solutions like the Kenanga Money e-wallet, AI-led algorithmic trading, supply chain financing for SMEs, and exposure to digital assets through its investment in Tokenize Technology (M) Sdn Bhd. Headquartered at Kenanga Tower in Kuala Lumpur and founded in 1973 as K & N Kenanga Sdn Bhd (renamed in 2007), the Group operates primarily in Malaysia with over 30 branches nationwide and emphasizes sustainability, digitalization, and innovation across its business segments serving retail, institutional, corporate, and high-net-worth clients. Recent developments include reporting RM208.3 million in revenue and RM10.3 million profit before tax for 3Q25 ended September 2025, earning a Gold award in the Financial Services category at The Edge ESG Awards 2025 for sustainable practices, launching Project Juara to explore USD43 billion in asset tokenisation opportunities, and acting as independent adviser in Genting Malaysia's aborted privatization bid in December 2025, alongside ongoing strategic investments in asset management growth and digital ecosystem enhancements.