Latest news with #KenangaGroup
The Sun
5 days ago
- Business
- The Sun
Malaysia's US$43 Billion Potential Asset Tokenisation Opportunity
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 6 August 2025 - Kenanga Investment Bank Berhad ('Kenanga Group'), Saison Capital Pte Ltd, Helicap Labs Pte Ltd ('HELIX') and Satori Research Ltd, today announced the release of a white paper that offers insights into the asset tokenisation industry's potential and its significance in driving financial transformation in Malaysia. Titled Project Juara: Malaysia's Asset Tokenisation Opportunity ('Project Juara') and authored by all four parties, it estimates that Malaysia's tokenised asset market could reach US$43 billion by 2030, spanning regulated products such as unit trusts, bonds and sukuk. Project Juara aligns with national interest, particularly in light of the Malaysian Prime Minister, Datuk Seri Anwar Ibrahim's remarks in April 2025 that 'with the right steps, Malaysia can position itself at the forefront of this transformation', after discussions on the nation's potential as a major hub for digital assets and the blockchain industry. Against this backdrop, Project Juara charts a way towards building a robust digital asset ecosystem using a call to action and whole-of-nation approach. Traditional financial institutions can act as early adopters and counterparties to asset owners, who in turn create credible investment-worthy products. Equally important are infrastructure providers, government agencies and community leaders whose collective efforts can help shape the future of Malaysia's digital economy to make investing inclusive, equitable and empowering for every Malaysian. The report encourages all parties to recognise that each has a distinct yet interdependent role in creating a progressive capital market landscape. This report highlights the scale of what is possible if we take the right steps today. While digitalisation has enhanced customer interfaces and experience, tokenisation offers a deeper structural reform by reshaping how financial assets are issued, traded and governed. As such, Project Juara dives deep into examining the institutional, regulatory and technological conditions needed to unlock that potential by drawing on lessons from other markets and models across Southeast Asia. It aims to provide a roadmap that sparks dialogue and guides real action. Kenanga Group has significantly expanded its digital footprint in recent years, not only by launching cutting-edge platforms such as Kenanga Digital Investing (KDI) and the Rakuten Trade online stockbroking platform, but also through a series of strategic investments and partnerships. This includes a stake in Kinetic DAX Sdn Bhd (KDX), one of the country's first licensed digital asset exchanges, reinforcing its commitment to digital assets and the broader crypto ecosystem. In addition, Kenanga has invested in pioneering fintech and digital finance companies including Helicap Pte Ltd (Helicap) (data-driven private credit), Bay Group Holdings Sdn Bhd (CapBay) (supply chain financing), Merchantrade Asia Sdn Bhd (e-money and remittance services), and entered partnerships with leading technology and payment firms such as Ant Group Co, Ltd. These initiatives demonstrate Kenanga's proactive approach to shaping Malaysia's financial future through innovation, collaboration, and a robust presence in digital and digital asset markets. Saison Capital Pte Ltd is the venture capital arm of Credit Saison; it invests in early stage companies across all verticals, with a focus on fintech, e-commerce and Web 3.0. HELIX is a blockchain-based tokenisation startup founded by Helicap. HELIX enables the issuance of tokenised private credit and alternative assets. Satori Research Ltd is a leading liquidity provider, market maker and algorithmic trader for digital assets.
Zawya
5 days ago
- Business
- Zawya
Malaysia's US$43 Billion Potential Asset Tokenisation Opportunity
Project Juara charts way forward for all stakeholders to capture tokenisation opportunities and drive financial transformation in Malaysia. KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 6 August 2025 - Kenanga Investment Bank Berhad (" Kenanga Group"), Saison Capital Pte Ltd, Helicap Labs Pte Ltd (" HELIX") and Satori Research Ltd, today announced the release of a white paper that offers insights into the asset tokenisation industry's potential and its significance in driving financial transformation in Malaysia. Titled Project Juara: Malaysia's Asset Tokenisation Opportunity (" Project Juara") and authored by all four parties, it estimates that Malaysia's tokenised asset market could reach US$43 billion by 2030, spanning regulated products such as unit trusts, bonds and sukuk. Project Juara aligns with national interest, particularly in light of the Malaysian Prime Minister, Datuk Seri Anwar Ibrahim's remarks in April 2025 that "with the right steps, Malaysia can position itself at the forefront of this transformation", after discussions on the nation's potential as a major hub for digital assets and the blockchain industry. Against this backdrop, Project Juara charts a way towards building a robust digital asset ecosystem using a call to action and whole-of-nation approach. Traditional financial institutions can act as early adopters and counterparties to asset owners, who in turn create credible investment-worthy products. Equally important are infrastructure providers, government agencies and community leaders whose collective efforts can help shape the future of Malaysia's digital economy to make investing inclusive, equitable and empowering for every Malaysian. The report encourages all parties to recognise that each has a distinct yet interdependent role in creating a progressive capital market landscape. This report highlights the scale of what is possible if we take the right steps today. While digitalisation has enhanced customer interfaces and experience, tokenisation offers a deeper structural reform by reshaping how financial assets are issued, traded and governed. As such, Project Juara dives deep into examining the institutional, regulatory and technological conditions needed to unlock that potential by drawing on lessons from other markets and models across Southeast Asia. It aims to provide a roadmap that sparks dialogue and guides real action. Kenanga Group has significantly expanded its digital footprint in recent years, not only by launching cutting-edge platforms such as Kenanga Digital Investing (KDI) and the Rakuten Trade online stockbroking platform, but also through a series of strategic investments and partnerships. This includes a stake in Kinetic DAX Sdn Bhd (KDX), one of the country's first licensed digital asset exchanges, reinforcing its commitment to digital assets and the broader crypto ecosystem. In addition, Kenanga has invested in pioneering fintech and digital finance companies including Helicap Pte Ltd (Helicap) (data-driven private credit), Bay Group Holdings Sdn Bhd (CapBay) (supply chain financing), Merchantrade Asia Sdn Bhd (e-money and remittance services), and entered partnerships with leading technology and payment firms such as Ant Group Co, Ltd. These initiatives demonstrate Kenanga's proactive approach to shaping Malaysia's financial future through innovation, collaboration, and a robust presence in digital and digital asset markets. Saison Capital Pte Ltd is the venture capital arm of Credit Saison; it invests in early stage companies across all verticals, with a focus on fintech, e-commerce and Web 3.0. HELIX is a blockchain-based tokenisation startup founded by Helicap. HELIX enables the issuance of tokenised private credit and alternative assets. Satori Research Ltd is a leading liquidity provider, market maker and algorithmic trader for digital assets. For more information about Kenanga Group, please visit 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 2024 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. This Press Release was issued by Kenanga Group's Marketing, Communications & Sustainability department. Kenanga Investment Bank Berhad
The Sun
07-07-2025
- Business
- The Sun
Kenanga Investment Bank's NagaWarrants Unlocks New Trading Frontiers with HSCEI and HSTECH Warrants
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 7 July 2025 - Kenanga Investment Bank Berhad ('Kenanga Group' or 'The Group'), Malaysia's no. 1 issuer of structured warrants, proudly announces the launch of its first-ever Hang Seng China Enterprises Index ('HSCEI') structured warrants – HSCEI-CAA and HSCEI-HBA – and Hang Seng TECH Index ('HSTECH') structured warrants – HSTECH-C30 and HSTECH-H27 – under its flagship brand, NagaWarrants by Kenanga ('NagaWarrants'). This launch marks a strategic expansion of the Group's East Asia footprint, following the successful introduction of Hang Seng Index ('HSI') structured warrants – HSI-CIW and HSI-HMO – in 2021. With HSCEI and HSTECH now listed on Bursa Malaysia, Malaysian investors will gain diversified access to two of Hong Kong's most influential indices, offering new opportunities to tap into China's financial and technology sectors. The HSCEI tracks heavyweight mainland enterprises listed in Hong Kong, including financial and infrastructure giants such as ICBC, China Construction Bank, PetroChina, and Ping An Insurance. It serves as a key benchmark for tracking the performance of China's largest state-owned enterprises. The HSTECH, on the other hand, captures the growth of China's leading tech innovators such as Tencent, Meituan, Xiaomi, and With its focus on fast-evolving technology and innovation, HSTECH is ideal for traders with higher risk appetites looking for volatility and growth potential. Kenanga Group's presence in the structured warrants market is underscored by its 64% market share in HSI warrants. In 2024, the structured warrants segment on Bursa Malaysia recorded a turnover of RM30.3 billion, contributing approximately 4% to the exchange's total market turnover of RM848.7 billion. The launch of HSCEI and HSTECH structured warrants is expected to broaden market participation, diversify product offerings, and boost overall liquidity – particularly among retail traders already familiar with Hang Seng Index warrants. 'The launch of HSCEI and HSTECH structured warrants marks a pivotal step in our mission to democratise access to global markets. As Malaysia's leading issuer, Kenanga Group remains committed to driving innovation, expanding investor opportunities, and shaping the future of structured warrants. This initiative reflects our long-term vision to empower a new generation of traders while reinforcing our leadership in the region's capital markets,' said Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad. 'In 2024, NagaWarrants achieved a record-breaking market share of 52%, with a total turnover of RM15.7 billion. This milestone also marks our 300th Hang Seng-listed structured warrant on Bursa Malaysia – a testament to our relentless drive to innovate and serve the evolving needs of Malaysian traders,' added Datuk Lee Kok Khee, Executive Director, Head of Group Equity Business of Kenanga Investment Bank Berhad. Beyond product innovation, NagaWarrants continues to empower investors through a blend of educational outreach and advanced analytics. In 2024, it hosted over 50 webinars and events, earning the SRP Asia Pacific Award for Best Educational Initiative in 2022, 2023 and 2025. At the same time, its adoption of machine learning models – which analyse interest rate movements, market trends, and regional dynamics to anticipate demand fluctuations – has enhanced precision in warrant issuance. In recognition of its leadership and innovation, Kenanga Group has received several prestigious accolades, including: --> Bursa Excellence Awards: Best Structured Warrants Issuer (2021 and 2024) (Equity and Index) --> Global Banking & Finance Awards (UK): Best Warrants Issuer & Best Market Maker (2024 and 2025) --> FinanceAsia (HK): Most Innovative Use of Technology (2024 and 2025) Looking ahead, Kenanga Group remains committed to supporting investors through innovation, education and access to global markets. To explore trading opportunities and stay informed, visit or join our Telegram community (@NagaWarrants).
New Straits Times
07-07-2025
- Business
- New Straits Times
Kenanga launches new Hang Seng warrants
KUALA LUMPUR: Kenanga Investment Bank Bhd (Kenanga Group) has introduced a new series of structured warrants tied to the Hang Seng China Enterprises Index (HSCEI) and the Hang Seng TECH Index (HSTECH) through its NagaWarrants by Kenanga brand. This move represents a strategic step in strengthening the group's presence in East Asia, building on the earlier success of its Hang Seng Index (HSI) structured warrants, HSI-CIW and HSI-HMO, launched in 2021. The HSCEI reflects the performance of major mainland Chinese firms listed in Hong Kong, including key players in finance and infrastructure like ICBC, China Construction Bank, PetroChina, and Ping An Insurance. Meanwhile, the HSTECH highlights the momentum of China's top tech companies, such as Tencent, Meituan, Xiaomi, and "The launch of HSCEI and HSTECH structured warrants is expected to broaden market participation, diversify product offerings, and boost overall liquidity – particularly among retail traders already familiar with Hang Seng Index warrants," Kenanga Group said. The company highlighted its strong position in the structured warrants market, noting a 64 per cent market share in HSI warrants. It added that in 2024, structured warrants on Bursa Malaysia saw a turnover of RM30.3 billion, making up about 4 per cent of the exchange's total market turnover of RM848.7 billion. Group managing director Datuk Chay Wai Leong said the introduction of the structured warrants represents a significant milestone in the company's efforts to make global market access more inclusive and accessible. "As Malaysia's leading issuer, Kenanga Group remains committed to driving innovation, expanding investor opportunities, and shaping the future of structured warrants. "This initiative reflects our long-term vision to empower a new generation of traders while reinforcing our leadership in the region's capital markets," he said.
Associated Press
07-07-2025
- Business
- Associated Press
Kenanga Investment Bank's NagaWarrants Unlocks New Trading Frontiers with HSCEI and HSTECH Warrants
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 7 July 2025 - Kenanga Investment Bank Berhad ('Kenanga Group' or 'The Group'), Malaysia's no. 1 issuer of structured warrants, proudly announces the launch of its first-ever Hang Seng China Enterprises Index ('HSCEI') structured warrants – HSCEI-CAA and HSCEI-HBA – and Hang Seng TECH Index ('HSTECH') structured warrants – HSTECH-C30 and HSTECH-H27 – under its flagship brand, NagaWarrants by Kenanga ('NagaWarrants'). From left to right: Kenneth Teoh, Deputy Head, Equity Derivatives, Kenanga Investment Bank Berhad ('KIBB'); Luk Wai Hong, William, Non-Independent Non-Executive Director, KIBB; Angeline-Ong Su Ming, Independent Non-Executive Director, KIBB; Philip Lim, Head, Equity Markets & Group Head, Equity Derivatives, KIBB; Datuk Chay Wai Leong, Group Managing Director, KIBB; Datuk Lee Kok Khee, Executive Director, Head of Group Equity Business, KIBB; Jeremy Nasrulhaq, Senior Independent Non-Executive Director, KIBB; Anita Mo, Chief Executive Officer, Hang Seng Indexes Company; Isabelle Zhen, Head, Group Equity Marketing, KIBB This launch marks a strategic expansion of the Group's East Asia footprint, following the successful introduction of Hang Seng Index ('HSI') structured warrants – HSI-CIW and HSI-HMO – in 2021. With HSCEI and HSTECH now listed on Bursa Malaysia, Malaysian investors will gain diversified access to two of Hong Kong's most influential indices, offering new opportunities to tap into China's financial and technology sectors. The HSCEI tracks heavyweight mainland enterprises listed in Hong Kong, including financial and infrastructure giants such as ICBC, China Construction Bank, PetroChina, and Ping An Insurance. It serves as a key benchmark for tracking the performance of China's largest state-owned enterprises. The HSTECH, on the other hand, captures the growth of China's leading tech innovators such as Tencent, Meituan, Xiaomi, and With its focus on fast-evolving technology and innovation, HSTECH is ideal for traders with higher risk appetites looking for volatility and growth potential. Kenanga Group's presence in the structured warrants market is underscored by its 64% market share in HSI warrants. In 2024, the structured warrants segment on Bursa Malaysia recorded a turnover of RM30.3 billion, contributing approximately 4% to the exchange's total market turnover of RM848.7 billion. The launch of HSCEI and HSTECH structured warrants is expected to broaden market participation, diversify product offerings, and boost overall liquidity – particularly among retail traders already familiar with Hang Seng Index warrants. 'The launch of HSCEI and HSTECH structured warrants marks a pivotal step in our mission to democratise access to global markets. As Malaysia's leading issuer, Kenanga Group remains committed to driving innovation, expanding investor opportunities, and shaping the future of structured warrants. This initiative reflects our long-term vision to empower a new generation of traders while reinforcing our leadership in the region's capital markets,' said Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad. 'In 2024, NagaWarrants achieved a record-breaking market share of 52%, with a total turnover of RM15.7 billion. This milestone also marks our 300th Hang Seng-listed structured warrant on Bursa Malaysia – a testament to our relentless drive to innovate and serve the evolving needs of Malaysian traders,' added Datuk Lee Kok Khee, Executive Director, Head of Group Equity Business of Kenanga Investment Bank Berhad. Beyond product innovation, NagaWarrants continues to empower investors through a blend of educational outreach and advanced analytics. In 2024, it hosted over 50 webinars and events, earning the SRP Asia Pacific Award for Best Educational Initiative in 2022, 2023 and 2025. At the same time, its adoption of machine learning models – which analyse interest rate movements, market trends, and regional dynamics to anticipate demand fluctuations – has enhanced precision in warrant issuance. In recognition of its leadership and innovation, Kenanga Group has received several prestigious accolades, including: Looking ahead, Kenanga Group remains committed to supporting investors through innovation, education and access to global markets. To explore trading opportunities and stay informed, visit or join our Telegram community (@NagaWarrants). Hashtag: #KenangaInvestmentBank 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 2024 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
