Ekuinas’ total cumulative investment at RM4.4bil in FY21

Raja Tan Sri Arshad Raja Tun Uda

KUALA LUMPUR: Ekuiti Nasional Bhd’s (Ekuinas) total cumulative investment stood at RM4.4bil in FY21, comprising 70 investments covering 47 direct investments and 23 outsourced programmes which consequently generated a total economic deployment of RM5bil, together with private sector partners.

In a statement, the government-linked private equity (PE) fund management company, Ekuinas said its consolidated revenue grew 12.1% and earnings before interest, tax depreciation and amortisation (Ebitda) growth of 28.0%, well above FY20’s performance of -12.8% and -14.9% respectively.