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
Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG), are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, cand ...
,
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
Romacorp Inc., which doing business as, does business as Tony Roma's, is an American casual dining chain restaurant specializing in Ribs (food), baby back ribs. The first location was established by the founder, Tony Roma, in 1972 in North Miami ...
.
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.
References
External links
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2009 establishments in Malaysia
Private equity firms of Malaysia
Companies based in Petaling Jaya
Financial services companies established in 2009
Prime Minister's Department (Malaysia)
Privately held companies of Malaysia
Malaysian companies established in 2009
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