“We are a flexible investor across a diverse range of sectors. We always take a hands-on approach in managing our capital – it is part of our DNA. KAPB choose its partners diligently; collaborating with organizations that share our values and vision.”
To Our Shareholders,
2016 was a very challenging year for us at KAPB. It was also a year in which we demonstrated our resilience and changed much for the better, despite a tough environment.
Conditions were not easy. The local and global economic especially the financial markets saw the most difficult start to the year for a generation in many capital market businesses. Interest rates remained at historic lows and both micro and macro-political environment became increasingly uncertain.
Having dealt with this source of uncertainty, we turned to the more fundamental question of how our strategy and business model would evolve in order to meet our strategic goals.
As a new Cooperative, we performed well in 2016, despite challenging condition.
We have started 2017 from a much stronger base and we are beginning to reap the rewards of our efforts to fulfil our potential to deliver competitive returns to shareholders.
As a leading innovator in each of our investment sectors, we are well positioned to capitalize on these opportunities. Our focus is unwavering on creating long-term, sustainable growth and increasing shareholder value.
Y Bhg Dato’ Ilyas Mohamed, Executive Chairman