Byline: Shahriman Johari
STATE-OWNED private equity fund Ekuiti Nasional Bhd (Ekuinas) may take some listed companies private as one of its investment strategies.
Chief executive officer Abdul Rahman Ahmad said although the newly set-up fund's main aim is to invest in privately-held companies, it does not mean that Ekuinas cannot invest in listed firms.
However, these listed firms would still be deemed medium-sized and not large companies that are the domain of other government investment institutions such as Permodalan Nasional Bhd or Khazanah Nasional Bhd.
"A lot of SMEs (small and medium enterprises) in Malaysia are listed too. There may be …