[Updated] Ekuinas records IRR above 12% for both funds, to explore retail sector in 2016

(From left) Raja Arshad Raja Uda and Syed Yasir Arafat Syed Abd Kadir.

Government-linked private equity fund management firm Ekuiti Nasional Bhd (Ekuinas) has achieved an annual gross internal rate of return (IRR) of 14.8 per cent for its Direct Tranche I Fund, and 13 per cent in 2015, amid more challenging business environment.

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