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Ekuinas : The new kid on the block in Higher Education

Published by Afterschool.my on Apr 04, 2012, 10:14 am

  • Ekuiti Nasional Berhad (Ekuinas), the government-linked private equity fund responsible to promote Bumiputra economic participation plans to create Malaysia's largest education group through acquisition.
  • Recently it acquired 90% of Cosmopoint Group which owns Kuala Lumpur Metropolitan University College and Cosmopoint International College of Technology for RM 246 million. Cosmopoint Group has 11,000 students.
  • Now its eyeing to acquire Masterskill Education Group and HELP International. Masterskill has11,000 students as of 2011 while HELP has 13,000 students. If Ekuinas acquires one of these education groups, its students enrolment would increase to almost 30,000 from about 20,000 currently, making it the biggest listed education player. SEGi is the biggest education group now with 27,000 students.
  • In 2010, Ekuinas acquired 51% of APIIT Education Group from Sapura for RM 102 million.
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