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Ekuinas

From Wikipedia, the free encyclopedia
Ekuiti Nasional Berhad
Company typeGovernment-owned private limited company
IndustryPrivate equity
Founded1 September 2009; 15 years ago (2009-09-01)
Headquarters,
Malaysia
Key people
  • Tan Sri Shahril Ridza Ridzuan (Chairman)
  • Dato' Syed Yasir Arafat Syed Abd Kadir (CEO)
RevenueIncrease RM43.3 million (2014)[1]
Decrease RM14.4 million (2014)[1]
AUMIncrease RM4.1 billion (2014)[2]
Total assetsIncrease RM63.2 million (2014)[1]
ParentYayasan Ekuiti Nasional
Websitewww.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 healthcare.[3] Among the companies and institutions which Ekuinas funds have substantial shareholdings are Alliance Cosmetics Group, ILMU Education Group, Icon Offshore Berhad, Orkim Sdn Bhd, and the Malaysian franchises of Manhattan Fish Market and Tony Roma's.[1]

Ekuinas reported a gross portfolio return of RM591.3 million for its Ekuinas Direct (Tranche I) Fund which translates to a gross annualised Internal Rate of Return (IRR) of 14.8% and a net annualised IRR of 10.9% in 2015.[4]

References

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  1. ^ a b c d Financial statements for the year ended 31 December 2014 (PDF), Ekuiti Nasional Berhad, 2014-12-31, archived from the original (PDF) on 2016-03-20, retrieved 2015-08-21
  2. ^ Annual Report 2014 (PDF), Ekuiti Nasional Berhad, 2014-12-31, archived from the original (PDF) on 2016-03-05, retrieved 2015-08-21
  3. ^ Lee, Liz (2015-05-01). "Ekuinas eyes healthcare, focuses on exits & value-add". DealStreetAsia. Retrieved 2015-08-21.
  4. ^ "Ekuinas records IRR above 12% for both funds, to explore retail sector in 2016". Dealstreetasia.
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