Malaysia: Ekuinas acquires 35% in sportswear firm Al-Ikhsan for $16.9m

Government-linked private equity fund management company, Ekuiti Nasional Bhd (Ekuinas), has made an investment of MYR68.6 million ($16.9 million) into retail sportswear business Al-Ikhsan Sports Sdn Bhd, picking a 35 per cent stake.

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