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Kenanga Investment Bank

Kenanga International is undergoing refurbishment now. The project is in the Execution phase now, having passed several milestones starting from Conceptual phase, Pre-design followed by Design Development phase and Submission for Local Authority (DBKL) approval.

The Construction activities for the refurbishment work has commenced in June 2008, immediately after the project obtained the Development Order from DBKL. We envisage for the refurbishment to be completed by Q4 2009. The main scope of work of the refurbishment has remained unchanged, except for further refinement of the Detailed Plans, as the following:

- Installation of a new external façade with new curtain walling by having a combination of laminated glass and aluminum cladding

- Retrofitting the Main Lobby into a new modern interior, equipped with security access control features and a new Food & Beverage area plus a new Information Counter

- Creating new Main Entrance and Drop-off Zone with water feature elements at both sides of the pedestrian walkway

- A new Secondary Lobby with new passenger lift fronting Jalan Perak

- Converting the underutilized Squash Court on the Upper Ground and First Floor into new offices

- Enlargement of office space by converting the existing ledges at Building Perimeter

- Installation of new Building Automation System ( BAS)

- Replacement of the existing AHU System ( Air-cond) as well as improving the building ventilation system and many others.

An office building in Kuala Lumpur’s central business district, K&N Kenanga International was acquired in May 2007 for RM165 million and will undergo refurbishment works which will increase its lettable floor area to 70,000 sq ft. Total investment is an expected RM198 million. Acquired on behalf of Injaz AsiaEquity Property Fund I, this investment is expected to be disposed prior to the completion of its refurbishment.
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