Ekuinas CEO Syed Yasir Arafat Syed Abd Kadir (pic) said Ekuinas’ performance thus far has proven the private equity model plays a positive role in generating the economic growth.
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 yesterday the distribution to YPB is for the benefit of its bumiputra unit holders of trust funds managed by Permodalan Nasional Bhd (PNB).
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