Cagamas Holdings Berhad (“the Group”) held its sixteenth AGM in hybrid mode with shareholders on 28 April 2023. The AGM was chaired by Dato’ Bakarudin Ishak, Chairman of Cagamas Holdings Berhad, with the Board of Directors and Datuk Chung Chee Leong, President/ Chief Executive Officer of Cagamas Berhad in attendance. The Group recorded a total acquisition of RM19.3 billion worth of housing mortgages and financings from Financial Institutions under the Purchase With Recourse scheme in 2022, an increase of 39.9% from the financial year 2021 and the highest since inception in 1986. The Group continued to sustain a positive business momentum with a profit before tax and zakat of RM446.3 million for the financial year ended 31 December 2022, compared with RM427.9 million in 2021.