Ekuinas records strong investment returns for 2020

TheStar Thu, Jun 24, 2021 05:38pm - 2 years View Original


Ekuinas CEO Syed Yasir Arafat Syed Abd Kadir said Ekuinas’ key focus for 2021 will be on intensifying deal sourcing and portfolio management, whilst maintaining the overall corporate strategic direction.

KUALA LUMPUR: Ekuiti Nasional Bhd’s (Ekuinas) total cumulative investment in the financial year ended Dec 31, 2020 was RM4.40bil in 42 companies and it generated a total economic deployment of RM5bil, together with private sector partners.

It said in a statement on Thursday through these investments, it increased the overall Bumiputera equity ownership to RM5.6bil, equivalent to 1.4 times the capital invested.

This led to the increase in total shareholders’ value to RM7bil, translating to 1.8 times the capital invested, it said.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

FLEXI 0.190
ICON 0.765

Comments

Login to comment.