Malaysia's Ekuinas exits education provider APIIT Lanka, clocks 17.5% gross IRR

Malaysia's Ekuinas exits education provider APIIT Lanka, clocks 17.5% gross IRR

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

Malaysia’s state-linked private equity firm Ekuiti Nasional Bhd (Ekuinas) has divested its entire equity interest in APIIT Lanka, a private tertiary education provider in Sri Lanka, to BG Investments, it said in a statement.

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