Ekuinas buys controlling stake in Flexi Versa for RM330mil


In a statement yesterday, Ekuinas CEO Syed Yasir Arafat Syed Abd Kadir(filepic) said FVG

PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas) has acquired a controlling stake in turnkey and components manufacturer Flexi Versa Group Sdn Bhd (FVG), for RM330mil based on enterprise value.

This marked the government-linked private equity (PE) fund’s foray into the electronic manufacturing services industry.

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