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Investment

Ekuinas buys Davex for RM255mil

PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas) has acquired homegrown lighting designer, consultancy and manufacturer Davex (M) Sdn Bhd for RM255mil.

The government-linked private equity fund management company said this was its largest investment in the manufacturing sector to date.

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Business , Ekuiti Nasional Bhd , Ekuinas , Davex , lighting systems

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