logo
Nine Major Accolades for Kenanga Investment Bank at the Bursa Excellence Awards 2024

Nine Major Accolades for Kenanga Investment Bank at the Bursa Excellence Awards 2024

Zawya02-05-2025
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 2 May 2025 - Kenanga Investment Bank Berhad (" Kenanga" or " the Group") is proud to be recognised for its market-leading achievements at the prestigious Bursa Excellence Awards 2024 held at St. Regis Kuala Lumpur on 25 April 2025.
The event was graced by Yang Berhormat Puan Lim Hui Ying, Deputy Minister of Finance, and Tan Sri Abdul Wahid bin Omar, Chairman of Bursa Malaysia Berhad. Themed "Advancing Horizons, Celebrating Excellence", the awards celebrated the outstanding achievements of both local and foreign financial institutions for their contributions to the growth of the country's investment landscape in 2024.
The Group was awarded in the following categories:
Best Retail Equities Participating Organisation (Champion)
Best Structured Warrants Issuer (Equity Warrants) (Champion)
Best Structured Warrants Issuer (Index Warrants) (Champion)
Best Remisier (Champion) – Chu Yee Seng @ Chew Yee Seng
Best Overall Derivatives Trading Participant (Champion)
Best Trading Participant Commodity Derivatives (Champion)
Best Institutional Derivatives Trading Participant (Champion)
Best Trading Participant: Equity & Financial Derivatives (Champion)
Special Award – Thought Leadership – Eq8 Capital Sdn Bhd
Kenanga's listed derivatives business, Kenanga Futures Sdn Bhd, retained its leading position, once again winning the Champion title for Best Overall Derivatives Trading Participant, a recognition of its consistent performance and market leadership in the derivatives space. The Group's Stockbroking division also continued to reinforce its position as a key player in Malaysia's retail broking industry, clinching the Champion title for Best Retail Equities Participating Organisation.
In addition, Kenanga's Group Asset and Wealth Management arm secured the Special Award – Thought Leadership through Eq8 Capital Sdn Bhd, recognised for launching Eq8WAQF, the world's first Waqf-featured Exchange Traded Fund. Introduced under a newly established category, the award highlights meaningful innovations that are reshaping the investment landscape.
"These awards reflect the strength of our strategy, the resilience of our people, and our steadfast commitment to delivering value to our stakeholders. As we navigate an increasingly dynamic landscape, we remain focused on driving sustainable growth in Malaysia's capital markets," said Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank Berhad.
Hashtag: #Kenanga
The issuer is solely responsible for the content of this announcement.
Kenanga Investment Bank Berhad (197301002193 (15678-H))
Established for over 50 years, Kenanga Investment Bank Berhad (" The Group") is a leading financial group in Malaysia, offering a wide range of services, including equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending, and trade financing. The Group's digital innovations include the launch of KDi GO, a wealth-centric app, along with game-changing products such as Rakuten Trade, Malaysia's first fully digital stockbroking platform, and Kenanga Digital Investing, an A.I. robo-advisor.
Kenanga has garnered multiple awards, including top honours at the Bursa Excellence Awards 2023 and The Edge Malaysia Centurion Club 2023. The Group also secured the Top 20 Overall Excellence and the Niche Cap Excellence Award at the National Corporate Governance and Sustainability Awards 2024. As one of the highest- scoring constituents of the FTSE4Good Bursa Malaysia Index and a Participant of the United Nations Global Compact, Kenanga continues to drive collaboration, innovation, and sustainability in the financial industry.
For more information, please visit www.kenanga.com.my.
This Press Release was issued by Kenanga Group's Marketing, Communications & Sustainability Department.
Kenanga Investment Bank Berhad
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

AirAsia X opens gateway to transcontinental Istanbul, seamless affordable travel for Singaporeans via Kuala Lumpur
AirAsia X opens gateway to transcontinental Istanbul, seamless affordable travel for Singaporeans via Kuala Lumpur

Tourism Breaking News

time22 minutes ago

  • Tourism Breaking News

AirAsia X opens gateway to transcontinental Istanbul, seamless affordable travel for Singaporeans via Kuala Lumpur

Post Views: 36 AirAsia X (AAX) announced a long-awaited route to Istanbul, Türkiye, a city where East meets West. Travellers from Singapore can now access the heart of Türkiye with smooth connectivity via Kuala Lumpur. The new service between Kuala Lumpur and Istanbul will commence on 14 November 2025 with four weekly flights, strengthening AAX's global footprint and offering more affordable travel options to one of the world's most iconic destinations. This strategic launch marks AAX's long-anticipated entry into Europe, opening a vital gateway linking Southeast Asia to Europe via one of the world's most historically rich and geographically unique destinations. Straddling two continents across the Bosphorus Strait, Istanbul offers travellers the rare opportunity to experience the best of both worlds. The airline will operate from Istanbul Sabiha Gökçen International Airport (SAW), a major hub with connections to over 117 international and 40 domestic destinations. This provides guests from Southeast Asia even greater onward travel options, while giving travellers from Istanbul and beyond seamless access to AirAsia's network of 130 destinations at unbeatable value. Benyamin Ismail, CEO of AirAsia X said: 'Istanbul has always been a dream destination for many of our guests, and its launch marks another proud moment in our journey to rebuild stronger than ever. Hot on the heels of our recent expansion into Central Asia, this long-awaited route takes us one step closer to delivering longer connectivity across continents. As the only city in the world built on two continents, Istanbul perfectly captures our vision to bridge Asia and beyond through affordable, medium-haul travel. This is a strategic decision that strengthens our network, creates more pathways for business collaboration, and enhances access to new experiences for travellers around the world. With the introduction of the Kuala Lumpur-Istanbul route, Singaporean travellers can now enjoy seamless Fly-Thru connection to one of the world's most iconic transcontinental cities through a more affordable travel option.' 'This new route also opens the door to an affordable Umrah Plus Istanbul package offered by the Islamic lifestyle arm of Capital A, giving our Muslim guests the opportunity to combine their spiritual journey with a visit to one of the world's most iconic cities. With our seamless Fly-Thru services via Kuala Lumpur, travellers from Singapore can now enjoy convenient one-stop access to Istanbul without the hassle of baggage recheck. Likewise, it allows guests from Türkiye to easily discover the rich diversity of Southeast Asia, including Singapore, through our vast network.' In celebration of this milestone, AAX is offering introductory promotional fares from SGD299* all-in one way. Flights are available for booking starting today until 20 August 2025 for the travel period between 14 November 2025 and 24 October 2026, on and the AirAsia MOVE app. As Türkiye's largest city and economic powerhouse, Istanbul is a captivating destination that offers opportunities to travellers from all walks of life. From iconic landmarks like the Blue Mosque, Hagia Sophia and Topkapi Palace, to the lively Grand Bazaar and Spice Market, the city is a treasure trove of history and vibrant local life. AirAsia Malaysia (flight code AK) operates 11 daily flights weekly between Singapore and Kuala Lumpur. Flight Schedule between Singapore (SIN) and Kuala Lumpur (KUL): Flight Schedule between Kuala Lumpur [KUL] and Istanbul (Sabiha) [SAW]: *All-in fares are quoted for one-way travel only, including passenger service charge, regulatory service charges, fuel surcharges, and other applicable fees. T&C apply.

Mideast Stocks: Gulf bourses mixed on weaker corporate earnings, Fed rate cut hopes
Mideast Stocks: Gulf bourses mixed on weaker corporate earnings, Fed rate cut hopes

Zawya

time14 hours ago

  • Zawya

Mideast Stocks: Gulf bourses mixed on weaker corporate earnings, Fed rate cut hopes

Gulf equities closed mixed on Wednesday, with Dubai and Abu Dhabi stock markets falling, as a raft of corporate earnings weighed, while Qatar hit over two-year high after U.S. inflation data fueled bets for a September interest rate cut. A mild July CPI report from the U.S. suggested a limited impact of tariffs on prices, reinforcing bets for the Federal Reserve rate cut in September. Monetary policy shifts in the U.S. have a significant impact on Gulf markets, where most currencies are pegged to the dollar. The Qatari benchmark index jumped 1.9% to 11,635 and hit its highest level since December 2022, with almost all of its constituents posting gains. Qatar National Bank, the region's largest lender, advanced 2.9% and Qatar Islamic Bank climbed 3.8%. "Stocks were buoyed by the positive sentiment globally as investors focused on a softer monetary policy in the U.S.," said Milad Azar, market analyst at XTB MENA. Saudi Arabia's benchmark stock index eased 0.1%, dragged down by losses in real estate, consumer staples, health care and energy shares. Al Rajhi Bank shed 0.9% and Al Nahdi Medical slid 4.8%. Atheeb Telecom advanced 3.7%, after the telecom services provider said on Tuesday it was awarded a project by the Ministry of National Guard. The Abu Dhabi benchmark index fell for a sixth day, ending 0.1% lower. Abu Dhabi Ports dropped 3.2%, after the port operator's second-quarter profit declined 4% year-on-year, below market expectations. Alpha Data slipped 2.2%, as the technology services firm posted a 4.9% drop in second-quarter net profit. Dubai's benchmark stock index slipped 0.4%, pressured by losses in real estate, industry, utilities and finance. Tolls operator Salik dropped 1.9% and blue-chip developer Emaar Properties lost 1.7%. Amlak Finance closed as the worst performer on the index, dropping 3.7%, after the real estate financier posted a second-quarter net loss on Tuesday. Outside the Gulf, Egypt's blue-chip index was down 0.4%, pressured by a 6.2% drop in Qalaa Holdings and a 3.1% loss in Madinet Masr. Developer MASR posted an 11.9% decrease in half-year net profit on Tuesday. SAUDI ARABIA down 0.1% to 10,763 KUWAIT up 0.7% to 9,346 QATAR rose 1.9% to 11,635 EGYPT down 0.4% to 35,856 BAHRAIN added 0.5% to 1,949 OMAN up 0.1% to 4,900 ABU DHABI down 0.1% to 10,283 DUBAI dropped 0.4% to 6,091 (Reporting by Md Manzer Hussain; Editing by Shilpi Majumdar)

Demand for elite maintenance in luxury branded residences continues to grow unabated in Dubai, says Hitches & Glitches
Demand for elite maintenance in luxury branded residences continues to grow unabated in Dubai, says Hitches & Glitches

Zawya

time16 hours ago

  • Zawya

Demand for elite maintenance in luxury branded residences continues to grow unabated in Dubai, says Hitches & Glitches

Dubai-based home maintenance specialist acquires series of contracts with premier brands such as Address, Vida & Four Seasons – number of luxury branded properties expected to double over the next five years Dubai, United Arab Emirates: UAE-based sustainable and technology-driven home maintenance specialist Hitches & Glitches (H&G), part of the Farnek Group, has experienced a significant increase in demand for home maintenance in Dubai's luxury branded residential market sector. More than 13,000 branded units were sold in Dubai alone during 2024, an increase of 43% compared with the previous year, according to property consultancy Global Branded Residences (GBR). Dubai's branded residential inventory currently boasts in excess of 132 developments and 43,000 units, with that number expected to more than double by 2030. 'With luxury branded residences increasing their share of Dubai's booming residential property market and attracting high net-worth investors with equally high standards and expectations, naturally the quality of maintenance service levels needs to meet, if not exceed those expectations,' commented Zohaib Azhar, director of operations at Hitches & Glitches. 'Discerning buyers who are willing to pay a premium of up to 69% compared to non-branded residences are understandably looking for professional home maintenance. They understand that quality maintenance preserves and enhances the aesthetic and functional condition of their property, as well as offering greater asset appreciation. 'This is particularly relevant if they travel extensively or use the property as a second or holiday home. To deliver exceptional service, two critical factors have emerged - technology and training,' added Azhar. H&G's smart technology platform, which was developed in-house by Farnek's smart FM solutions company HITEK, benefits international luxury property owners. H&G's home maintenance app enables owners and property managers to follow the progress of their planned maintenance and other service requests from initial reporting to completion and allows customers to approve and pay for any materials that may be required to complete the job online. 'Demand for home automation continues to grow exponentially, particularly as international investors, can manage these gadgets and their account remotely. 'In terms of training, it is essential that technicians attend regular training, to ensure that they are fully conversant with the latest technology, high-end branded kitchen appliances, expensive flooring materials and furniture, as well as the latest international health and safety regulations,' added Azhar. Recognising this trend over three years ago, H&G formed a specialist unit of highly trained technicians to service the luxury residential sector. 'Our technicians attend regular training sessions at our dedicated centre in Fanek Village. Prior to deployment, a quality supervisor checks each technician for uniform compliance, grooming standards, tools and PPE. Regular audits, and performance reviews ensure professionalism, consistency, discretion and adherence to luxury service expectations,' said Azhar. Presently H&G's home maintenance division has more than 1,500 active Annual Maintenance Contracts (AMC), valued at over AED 26 million, serviced by 240 qualified technicians. The company currently serves residents in exclusive branded residences such as Address, Palace, Vida, Four Seasons, and other ultra-luxury properties in Dubai Marina, Palm Jumeirah, Dubai Downtown, Dubai Creek Harbour and Jumeirah Bay Island. H&G has designed a range of annual maintenance packages specifically for this sector, tailored to the apartment or villa type and encompassing a comprehensive range of services. In addition to MEP services (Mechanical, Electrical, Plumbing), air conditioning, painting, carpentry, pest control and small-scale renovations, gym equipment, swimming pools, Jacuzzis, home automation, laundry and appliances. 'We have also witnessed a marked increase in demand for housekeepers, maids, chefs, drivers, service butlers and security, particularly within branded residences,' added Azhar. For more information, please visit About Hitches and Glitches Hitches & Glitches is a technology-led office and home maintenance business, and its vision statement is to become the ultimate provider of sustainable and technology-driven home maintenance services throughout the UAE. It strives to deliver excellence in home maintenance services with a focus on quality, value and sustainable best practice while being led by innovative technology, which exceeds the expectations of our customers. Media Contact STEVEN JONES Managing Director E-mail : Office 3208 Indigo Icon Tower, Cluster F, Jumeirah Lakes Towers PO Box 337521 | Dubai, United Arab Emirates Website: A member of the ECCO Communications Network

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store