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Ekuinas sells APIIT Lanka for RM41mil

KUALA LUMPUR: Ekuiti Nasional Bhd has disposed of its entire equity interest, together with its minority partners in APIIT Lanka Pvt Ltd (APIIT Lanka), based on an enterprise value of approximately RM41mil to BG Investments Pte Ltd.

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Ekuinas in talks to acquire subsidiaries of GLCs

Fresh from launching its new investment fund amounting to RM1bil, state-linked private equity firm Ekuiti Nasional Bhd (Ekuinas) is targeting to acquire subsidiaries of government linked companies (GLCs).

Ekuinas ready to buy stakes in GLC subsidiaries

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has identified and ready to acquire subsidiaries of government-linked companies (GLCs) that will embark on privatisation activity, said chief executive officer Syed Yasir Arafat Syed Abd Kadir.

MoF appoints seven to venture capital, PE development council

KUALA LUMPUR: The Minister of Finance has appointed seven new members of the Malaysian Venture Capital and Private Equity Development Council (MVCDC) for a term of two years from March 1, 2019.

Ekuinas divests equity interest in TPA service providers to Sumitomo

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has divested its entire 60% equity interest in third party claims administrator (TPA) service providers, MediExpress Group and PMCare Sdn Bhd, to Sumitomo Corp.

Ekuinas invests RM44mil in web hosting firm Exabytes

PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas) has bought a 40% stake in web hosting and cloud service provider, Exabytes Capital Group for RM44mil as it seeks a slice of the US$3.5 trillion global Internet economy.

Ekuinas invests RM44m in web hosting firm Exabytes

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has bought a 40% stake in web hosting and cloud service provider, Exabytes Capital Group for RM44mil as it seeks a slice of the US$3.5 trillion global internet economy.

Ekuinas launches RM1bil fund to boost local businesses

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has launched a RM1bil Ekuinas Direct (Tranche IV) Fund (Fund IV) with an option to increase to RM1.5bil for deployment to continue to accelerate the growth of local and high potential businesses.

Ekuinas sells Tranglo stake to TNG FinTech for RM115mil

PETALING JAYA: Government-linked private equity fund management firm Ekuiti Nasional Bhd (Ekuinas) has divested its entire 60% stake in Tranglo Sdn Bhd to TNG FinTech Group Inc for RM114.9mil.