Ekuinas invests in Ain Medicare via RM1bil Tranche IV fund


Ekuinas CEO Aliff Omar Mohamad Omar.

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has invested in a bumiputera manufacturer of sterile parenteral pharmaceutical products Ain Medicare Sdn Bhd via Ekuinas' RM1 billion Tranche IV fund.

In a statement today, the government-linked private equity firm said it will acquire a strategic minority shareholding in the company.

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