Industry Private equity Net income RM14.4 million (2014) Total assets RM63.2 million (2014) | Revenue RM43.3 million (2014) AUM RM04.1 billion (2014) Founded 1 September 2009 | |
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Key people Raja Arshad Raja Uda (Chairman)
Syed Yasir Arafat Syed Abd Kadir (CEO) CEO Syed Yasir Arafat Syed Abd Kadir (1 Mar 2016–) Type of business Government-owned private limited company Headquarters Mutiara Damansara, Petaling Jaya | ||
Ycm ceo series 41 dato abdul rahman bin ahmad ceo ekuinas
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. 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.
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.