Whisk the butter and sugar together on low speed using a hand mixer. Beat two eggs in the mix, one at a time.

Put all-purpose flour, baking powder, shredded coconut and salt together.

Pour the egg, butter and sugar mix in the dry ingredients and add coconut milk in the end.

Preheat the oven at 325°F. Spray the pan with cooking spray and pour the batter in the loaf pan and leave it in the oven for one hour. Check with the toothpick, if it comes out clean to check if the cake is done.

For topping, pour the coconut milk evenly on top with a help of a brush or spoon, sprinkle the shredded coconut all over.