KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas), which has posted gains in its funds, revealed that many parties have expressed interest to acquire its loss-making Burger King franchise despite an unsuccessful attempt to sell it earlier this year.
The government-linked private equity firm had struck a RM95mil cash deal with Brahim’s Holdings Bhd over Burger King, only to see it falling through as over 90% of Brahim’s shareholders unexpectedly rejected the proposal in February.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!