Ekuinas ready to buy stakes in GLC subsidiaries


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

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has identified and ready to acquire subsidiaries of government-linked companies (GLCs) that will embark on privatisation activity.

Bernama, in report today, said high-level talks have taken place with the identified companies. The fund, earlier this year has launched a RM1bil Ekuinas Direct (Tranche IV) Fund with an option to increase to RM1.5bil.

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