General Announcement for PLC

29/04/2022

OTHERS KENANGA INVESTMENT BANK BERHAD ("KENANGA") - DIGITAL BANKING LICENCE APPLICATION

KENANGA INVESTMENT BANK BERHAD

Type Announcement
Subject OTHERS
Description 
KENANGA INVESTMENT BANK BERHAD ("KENANGA")
- DIGITAL BANKING LICENCE APPLICATION

Further to the announcement made on 2 August 2021, the Board of Directors of Kenanga wishes to announce that SSG Digital Resources Berhad, a special purpose vehicle for a consortium comprising the State Financial Secretary, Sarawak, Revenue Group Berhad and Kenanga had not been successful in its application for a licence to operate a digital bank in Malaysia.

 

Kenanga remains committed to its digital ambition to lead in the wealth tech space and will continue to deliver game-changing innovations in the marketplace as seen in its recently launched robo-advisor, Kenanga Digital Investing; Malaysia’s first stock-broking e-wallet, Kenanga Money.

 

This announcement is dated 29 April 2022.



Announcement Info

Company Name KENANGA INVESTMENT BANK BERHAD
Stock Name KENANGA
Date Announced 29 Apr 2022
Category General Announcement for PLC
Reference Number GA1-29042022-00067


Related Announcements for KENANGA
Date Title
24/08/2022 MEMORANDUM OF UNDERSTANDING KENANGA INVESTMENT BANK BERHAD ("KENANGA" OR "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN KENANGA AND ANTCHAIN TECHNOLOGY PTE. LTD.
07/07/2022 PROVISION OF FINANCIAL ASSISTANCE
01/07/2022 OTHERS KENANGA INVESTMENT BANK BERHAD ("KIBB") - REVISION TO THE COMPOSITION OF GROUP BOARD DIGITAL INNOVATION & TECHNOLOGY COMMITTEE ("GBDITC")
26/05/2022 OTHERS KENANGA INVESTMENT BANK BERHAD ("KIBB") - REVISION TO THE COMPOSITION OF GROUP BOARD DIGITAL INNOVATION & TECHNOLOGY COMMITTEE ("GBDITC")
20/04/2022 OTHERS KENANGA INVESTMENT BANK BERHAD ("KIBB") - REDEMPTION OF RM5.0 MILLION TIER 2 SUBORDINATED NOTES PURSUANT TO A SUBORDINATED NOTE PROGRAMME OF UP TO RM250.0 MILLION IN NOMINAL VALUE ("SUBORDINATED NOTE PROGRAMME")
07/04/2022 PROVISION OF FINANCIAL ASSISTANCE
06/04/2022 OTHERS KENANGA INVESTMENT BANK BERHAD ("KIBB" OR "THE COMPANY") - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSAL")
25/02/2022 OTHERS KENANGA INVESTMENT BANK BERHAD ("KIBB") - DECLARATION OF A TOTAL SINGLE TIER INTERIM DIVIDEND OF 10.50 SEN PER ORDINARY SHARE IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
27/01/2022 OTHERS KENANGA INVESTMENT BANK BERHAD ("KIBB") - REVISION TO THE COMPOSITION OF GROUP BOARD DIGITAL INNOVATION & TECHNOLOGY COMMITTEE ("GBDITC")
26/01/2022 OTHERS KENANGA INVESTMENT BANK BERHAD ("KIBB") - REVISION TO THE COMPOSITION OF GROUP BOARD DIGITAL INNOVATION & TECHNOLOGY COMMITTEE ("GBDITC")