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Milestones

A journey of strategic investments, impactful partnerships, and sustainable value creation.

2009

Ekuinas was established by the Government of Malaysia on September 1, 2009, with a capital commitment of RM5 billion.

2010

Ekuinas Direct (Tranche I) Fund was established with a capital commitment of RM1 billion.

Divestment

  1. Alliance Cosmetics Group 
  2. Tanjung Offshore Bhd
  3. Konsortium Logistik Bhd
  4. APIIT Education Group San Bhd

2011

Ekuinas Outsourced (Tranche I) Fund was established with a capital commitment of RM400million.

Direct Investment

  1. San Francisco Coffee (Lyndarahim Ventures Sdn Bhd) 
  2. Burger King Malaysia (Cosmo Restaurants Sdn Bhd) 
  3. Revenue Valley Sdn Bhd
  4. Cosmopoint Group (Cosmopoint Sdn Bhd)

2012

Ekuinas Direct (Tranche II) Fund was established with a capital commitment of RM1 billion.

Direct Investment

  1. UNITAR International University 
  2. Burger King Singapore
  3. Revenue Valley Sdn Bhd 
  4. Icon Offshore Bhd

Divestment

  1. Tanjung Offshore Berhad

2013

Ekuinas Outsourced (Tranche II) Fund was established with a capital commitment of RM180million.

Direct Investment

  1. Primabaguz Sdn Bhd 
  2. Asia Pacific Institute of Information Technology Lanka Pvt Lanka (APIIT Lanka)

Divestment

  1. Konsortium Logistik Bhd

2014

Ekuinas Direct (Tranche III) Fund was established with a capital commitment of RM1.5 billion. Icon Offshore Berhad listed on the Main Board of Bursa Malaysia.

Direct Investment

  1. Coolblog Sdn Bhd
  2. Orkim Sdn Bhd
  3. Tenby Educare Sdn Bhd
  4. Tranglo Sdn Bhd

2015

Direct Investment

  1. MediExpress (Malaysia) Sdn Bhd 
  2. PMCare Sdn Bhd
  3. ILMU Education Group

Divestment

  1. San Francisco Coffee (Lyndarahim Ventures Sdn Bhd)
  2. Burger King Malaysia & Singapore (Burger King Group)

2016

Direct Investment

  1. Al-Ikhsan Sports Sdn Bhd

Divestment

  1. Alliance Cosmetics Group

2017

Direct Investment

  1. Davex (Malaysia) Sdn Bhd

Divestment

  1. APIIT Education Group Sdn Bhd
  2. Tenby Educare Sdn Bhd

2018

Direct Investment

  1. Flexi Versa Group Sdn Bhd
  2. Exabytes Capital Group Sdn Bhd

Divestment

  1. Tranglo Sdn Bhd
  2. MediExpress (Malaysia) Sdn Bhd
  3. PMCare Sdn Bhd

2019

Ekuinas Direct (Tranche IV) Fund was established with capital commitment of RM1.0 billion

Direct Investment

  1. APIIT Lanka
  2. Primabaguz Sdn Bhd

2023

Dana Asas Fund  Ekuinas Dana Asas fund was established with a capital commitment of RM100 million.

Direct Investment

  1. Eagle Cliffe Sdn Bhd (Dana Asas)

2024

Private Credit  Ekuinas expands into private credit with a capital commitment of RM800 million 

Direct Investment

  1. Symbiotica Speciality Ingredients Sdn Bhd 
  2. Mizou Holdings Sdn Bhd

Divestment

  1. Icon Offshore Berhad

2025

On 1 January 2025, Ekuinas' ownership was transfered to Yayasan Pelaburan Bumiputra (YPB)

In August 2025, Ekuinas introduced Capacity Building to scale lower-mid market Bumiputera companies , enabling them to become investor-ready.

Direct Investment

  1. Bluesify Solutions Sdn Bhd

Divestment

  1. Medispec (M) Sdn Bhd