Malaysia's leading independent investment bank, Kenanga Investment Bank Berhad ("Kenanga" or "The Group") today announced stronger earnings for the period ended 30 June 2024 ("1H24").

KLCCP Stapled Group sustained its steady momentum and continued to demonstrate operational excellence resulting in improved growth across its portfolio. For the second quarter of 2024 (2Q 2024), the Group saw growth in revenue to RM413.2 million, an increase of 4.7% driven by its retail and hotel segments whilst profit before tax (PBT) stood at RM231.5 million. The Group’s results reflect the acquisition of the remaining 40% stake in Suria KLCC with an increase of 5.7% in profit attributable to equity holders (PATMI) to RM191.1 million in the quarter from RM180.8 million in 2Q 2023.

With the launch of the Future Skills for All (FS4A) programme in Sarawak, secondary school students, teachers and the state district education officers will be equipped with essential digital skills needed for the community to thrive in a fast-evolving digital economy. The comprehensive digital education programme is conducted in collaboration between ARUS Academy, CelcomDigi Berhad (CelcomDigi), Malaysia Digital Economy Corporation (MDEC), UNICEF Malaysia, and the Sarawak State Government and Sarawak Digital Economy Corporation (SDEC).