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KUALA LUMPUR: The government has provided four special purpose entities -- Majlis Amanah Rakyat (MARA), Ekuiti Nasional Bhd (EKUINAS), Bumiputera Agenda Steering Unit (TERAJU), and Pelaburan Hartanah Bhd (PHB) -- to boost the economy of Bumiputeras, said Deputy Minister in the Prime Minister's Department (Economy) Arthur Joseph Kurup.
“WE never thought, nine years ago when we started, that we would transition some of our back end processes from desktops in a borrowed meeting room, to one day using a robot for financial management systems!” chirped Jennifer Leong, a long-time crusader in her SME-logistics business’s digitalisation journey.
THE year 2019 marked a decade since the setting up of government-owned private equity (PE) firm Ekuiti Nasional Bhd (Ekuinas).
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has divested its entire 60% stake in Coolblog Apps Sdn Bhd, a homegrown desserts and beverage company to private equity firm Archipelago Capital Partners for RM75mil.
PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas), the government-linked private equity fund management company, recorded a gross portfolio return of RM582.9mil for its Ekuinas Direct (Tranche II) fund last year.
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).
PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas) has divested its 100% equity in halal meat-based product manufacturer Primabaguz Sdn Bhd.