Ekuinas looks at divesting from three investee firms

Syed Yasir Arafat: This year alone, we are looking at potentially three more divestments, which could spill over to early next year.

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) is looking at divesting from three of its investee companies towards the end of this year to realise profits.

According to chief executive officer Syed Yasir Arafat Syed Abd Kadir, the government-owned private equity (PE) firm, however, will likely see the planned divestment exercise to be fully completed by early 2020.