In February 2021, the stock price reached a historical high of RM1.97, reflecting strong market expectations for its future growth potential.
In the same month, Kenanga, through its wholly owned subsidiary Kenanga Private Equity, acquired a 19% stake in Tokenize Malaysia, marking its strategic move into the digital asset sector. Tokenize Malaysia is one of the three licensed digital asset exchanges approved by the Securities Commission Malaysia, with full regulatory compliance.
As of July 2025, Kenanga’s stock price is approximately RM0.91, with a market capitalization of around RM656.09 million. Although the current price has not yet recovered to the 2021 peak, its involvement in the digital asset space could provide new growth opportunities moving forward.