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PETALING JAYA: Ekuiti Nasional Bhd (Ekuinas), the state-backed private equity (PE) firm, has sold its 100% stake in APIIT Group for RM725mil to APIIT’s management team and Singapore-based PE firm KV Asia Capital.
Breakfast briefing: Wednesday, May 10
KUALA LUMPUR: State-backed private equity firm Ekuiti Nasional Bhd (Ekuinas) has shelved plans to list its consolidated education group, Ilmu Education Group Sdn Bhd.
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KUALA LUMPUR: State-backed private equity firm Ekuiti Nasional Bhd (Ekuinas) is relooking its initial plans to list its consolidated education group, Ilmu Education Group Bhd (Ilmu).
Serba Dinamik targets to raise RM600mil in February
THE sluggish capital markets have seen the number of initial public offerings dry up in 2015 compared with the previous year, and dealmaking for private equity (PE) funds shrinking to just a handful of transactions. And conditions are not looking any better this year.
SERI KEMBANGAN: Sapura Resources Bhd is banking on its latest Lot 91, KLCC project to be the key driver of the group’s earnings after selling its education business for RM246.99mil.
SHAH ALAM: DRB-Hicom Bhd has appointed Datuk Abdul Rahman Ahmad, 46, as independent and non-executive director.
PETALING JAYA: Datuk Abdul Rahman Ahmad, 46, the former chief executive officer (CEO) of Ekuiti Nasional Bhd (Ekuinas), has been appointed to the board of directors of DRB-Hicom Bhd.