Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan (center) holding the Ekuinas 2016 annual report with Ekuinas chairman Raja Tan Sri Arshad Raja Tun Uda (left) and CEO Syed Yasir Arafat Syed Abd Kadir at the announcement of Ekuinas' 2016 results yesterday
KUALA LUMPUR: State-backed private equity firm Ekuiti Nasional Bhd (Ekuinas) has shelved plans to list its consolidated education group, Ilmu Education Group Sdn Bhd.
Ekuinas chief executive officer Syed Yasir Arafat Syed Abd Kadir said it had decided to relook its strategies on Ilmu after finding that the sum of parts valuation of the group was greater than its entire value.
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!
