PETALING JAYA: Government-linked private equity fund management company Ekuiti Nasional Bhd (Ekuinas) has invested about RM400mil to acquire majority stakes in two companies to expand its oil and gas (O&G) and food and beverage (F&B) portfolios.
In a statement, Ekuinas said that it would acquire up to a 95.5% stake in Orkim Sdn Bhd, a clean petroleum product tanker company, for RM346.3mil and a 60% stake in Coolblog Sdn Bhd, a homegrown franchised desserts and beverages specialist, for RM50.8mil.
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