Ekuinas

Ekuiti Nasional Berhad
Government-owned private limited company
Industry Private equity
Founded 1 September 2009 (2009-09-01)
Headquarters Surian Tower
Mutiara Damansara, Petaling Jaya
, Malaysia
Key people
  • Raja Arshad Raja Uda (Chairman)
  • Abdul Rahman Ahmad (CEO)
Revenue Increase RM43.3 million (2014)[1]
Decrease RM14.4 million (2014)[1]
AUM Increase RM04.1 billion (2014)[2]
Total assets Increase RM63.2 million (2014)[1]
Parent Yayasan Ekuiti Nasional
Website www.ekuinas.com.my

Ekuiti Nasional Berhad (Ekuinas) is a private equity company owned by the Government of Malaysia. It was formed in 2009 to promote Bumiputera economic participation through the creation of innovative companies and to advance the private equity industry in Malaysia.

Ekuinas manages funds worth in excess of RM3 billion which have interests in six core sectors: retail food and beverages, fast-moving consumer goods, oil and gas, services, education and manufacturing.[3] Amount the companies and institutions which Ekuinas funds have substantial shareholdings are Alliance Cosmetics Group, UNITAR International University, Icon Offshore, San Francisco Coffee, and the Malaysian franchises of Manhattan Fish Market and Tony Roma's.[1]

The funds reported a gross portfolio return of RM865 million in 2014.[4][1] Ekuinas expects to be self-funded after receiving the balance of RM2 billion committed by the government around 2017.[5]

References

  1. 1 2 3 4 5 Financial statements for the year ended 31 December 2014 (pdf), Ekuiti Nasional Berhad, 2014-12-31, retrieved 2015-08-21
  2. Annual Report 2014 (pdf), Ekuiti Nasional Berhad, 2014-12-31, retrieved 2015-08-21
  3. Lee, Liz (2015-05-01). "Ekuinas eyes healthcare, focuses on exits & value-add". DealStreetAsia. Retrieved 2015-08-21.
  4. Ali, Sharidan (2015-04-30). "Ekuinas direct Tranche 1 Fund gross returns at RM677m". The Star. Retrieved 2015-08-21.
  5. Yeong, Eva (2014-11-20). "Ekuinas to be self-funded in 3 years’ time". The Sun. Retrieved 2015-08-21.

External links

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