Further to the announcement made on 9 February 2021 relating to the proposed acquisition  of 19.0% equity interest  in Tokenize Technology (M) Sdn Bhd by KIBB’s wholly-owned subsidiary, Kenanga Private Equity Sdn Bhd ("Proposed Investment"), the Board of Directors of KIBB wishes to announce that the Securities Commission Malaysia had, on 24 March 2021, granted its approval for the Proposed Investment.

This announcement is dated 25 March 2021.