PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas) has bought a 40% stake in web hosting and cloud service provider, Exabytes Capital Group for RM44mil as it seeks a slice of the US$3.5 trillion global Internet economy.
Ekuinas, a government-linked private equity fund management company, said it has an an option to increase the stake in Exabytes up to 54%. This is Ekuinas’ second investment in technology services company.
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