Ekuinas-Sapura Resources tie-up?


Growing asset: An APIIT college building in Bukit Jalil. Ekuinas had acquired a 51 stake in APIIT from SapRes back in 2010 for RM102mil.

Poser over how both companies would use their property and education assets

Speculation is growing that government-owned private equity (PE) firm Ekuiti Nasional Bhd (Ekuinas) could pursue a transaction with Sapura Resources Bhd (SapRes) that would fit the needs of both parties.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , ILMU , Ekuinas , SapResources

   

Next In Business News

DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Kering says profit likely to tumble
Businesses concerned about rising forex woes

Others Also Read