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KUALA LUMPUR: The Government has announced a series of measures, including slashing bumiputra equity requirements for new initial public offerings and fund management firms, to boost international investment in the country.
KUALA LUMPUR: As part of its new economic model approach, the Government will be setting up Ekuiti Nasional Bhd (Ekuinas), a private equity fund to ensure meaningful and effective participation by bumiputras, as well as stimulate investments in sectors with high-growth potential.
KUALA LUMPUR: AirAsia Bhd, which has announced its intention to do a 20% private placement, expects to raise about RM500mil from the exercise.
The Foreign Investment Committee (FIC) guidelines covering the acquisition of equity stakes mergers and takeovers is repealed immediately without any new guideline in place.hr noshade size=-1 width=50%>