Company Profile
Ekuiti Nasional Berhad (868265U)
Online Profile
Background
Ekuiti Nasional Berhad, or Ekuinas, is a private equity fund management company established by the Government of Malaysia on 1 September 2009 to promote equitable and sustainable Bumiputera economic participation via the creation of Malaysia’s next generation of leading companies.
The Government had provided Ekuinas with an initial endowment of RM500 million under the 9th Malaysia Plan and committed an additional RM4.5 billion under the 10th Malaysia Plan, rising to RM10 billion over time. This is provided in the form of a grant to be held in trust by Yayasan Ekuiti Nasional (YEN), a specific trust whose mandate is to enhance and grow Bumiputera equity interest.
The Board of Trustees for YEN is comprised of YAB Dato’ Sri Mohd Najib bin Tun Haji Abdul Razak, the Prime Minister and Minister of Finance; and YAB Tan Sri Dato’ Haji Muhyiddin bin Mohd Yassin, the Deputy Prime Minister and Minister of Education; together with several ministers and senior officials from the government.
Objectives
Ekuinas is a commercially driven organisation with the primary objective of delivering financial value on its investments and firmly believes that only through financial discipline can the social objectives it pursues be sustainably achieved. To ensure its results are sustainable, the Company is committed to pursuing its goals in a market-friendly, merit-based and transparent manner.
Through its investments, Ekuinas also aims to promote and strengthen equitable Bumiputera participation within the Malaysian economy across four key dimensions:-
· Enhancing corporate equity ownership;
· Enhancing management participation and entrepreneurship;
· Increasing meaningful employment; and
· Improving the supply chain.
Investment Operations
Ekuinas undertakes its investments via two distinct operations:
· Direct Investments – where it invests directly in high potential companies; and
· Outsourced Investments – where Ekuinas appoints third party private equity managers to manage allocated funds and undertake investments on its behalf.
CONTACT DETAILS
Address: Ekuiti Nasional Berhad 868265 U
Level 13, Surian Tower
No 1, Jalan PJU 7/3
Mutiara Damansara
47810 Petaling Jaya
Selangor Darul Ehsan
Malaysia.
Telephone: + 60 3 7710 7171
Fax: + 60 3 7710 7173
E-mail: info@ekuinas.com.my
Website: www.ekuinas.com.my
