Malaysia’s Ekuinas picks 40% stake in Exabytes Capital Group

Ekuinas CEO Syed Yasir Arafat Syed Abd Kadir speaks at DEALSTREETASIA's Asia PE-VC Summit 2018 in Singapore.

Malaysia’s government-linked private equity fund Ekuiti Nasional Bhd (Ekuinas) has acquired a 40 per cent stake in local web hosting and cloud service provider Exabytes Capital Group for RM44 million ($10.7 million), it said in an announcement on Monday.

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