Ekuinas to list Ilmu Group in 2015

  • Business Premium
  • Tuesday, 29 Apr 2014

Minister in the Prime Minister

KUALA LUMPUR: State-backed private equity firm Ekuiti Nasional Bhd (Ekuinas) is looking to divest its education arm Ilmu Group by next year, either through a listing or outright sale, said CEO Datuk Abdul Rahman Ahmad.

“Ilmu is entering its fifth year of investment and the asset divestment phase. Our options are open as to the exit strategy.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , ekuinas


Next In Business News

CEO: TRX 99% completed Premium
KPS gets money lending licence Premium
Ancom Nylex gets shareholders' nod for 3-for-1 share split Premium
CSH acquires 1.07 acres land in PJ for RM10mil Premium
Central Global returns to the black in 1Q Premium
Allianz records strong first quarter performance Premium
Ringgit ends higher versus US dollar Premium
IOI Corp posts RM411mil earnings in 3Q22 Premium
PKF resigns as external auditors for Gets Global Premium
MSM Malaysia wants govt to review price of sugar Premium

Others Also Read