Investment

Ekuinas to distribute RM120m to YPB

From left: Ekuinas chairman Tan Sri Arshad Raja Tun Uda presenting the cheque to group chairman of PNB, Tan Sri Dr Zeti Akhtar Aziz, witnessed by Prime Minister Tan Sri Muhyiddin Mohd. Yassin.

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) will distribute RM120mil of its gains recorded from its maiden fund, Ekuinas Direct (Tranche I) Fund, to Yayasan Pelaburan Bumiputra (YPB).

It said on Thursday the distribution to YPB is for the benefit of its Bumiputera unit holders of trust funds managed by Permodalan Nasional Bhd (PNB).

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Ekuinas , PNB , Yayasan Pelaburan Bumiputra , Muhyiddin Mohd. Yassin , Syed Yasir Arafat Syed Abd Kadir , Ahmad Zulqarnain Onn

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