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Ekuinas acquires strategic minority stake in Malaysia's pharmaceutical firm Ain Medicare
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Ekuinas acquires strategic minority stake in Malaysia's pharmaceutical firm Ain Medicare
Ekuiti Nasional Berhad (Ekuinas) announced Tuesday its investment in Ain Medicare Sdn Bhd, a Bumiputera home-grown manufacturer of sterile parenteral pharmaceutical products. Ekuinas said in a statement that the investment, made via Ekuinas’ MYR 1 billion ($790 million) Tranche IV fund, will see Ekuinas acquire a strategic minority shareholding in the company. This aligns with Ekuinas’ mandate to scale Bumiputera enterprises operating in strateg…
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