Over the years, it became a key player in the regional fashion industry. The company's growth was further bolstered in 2018, ...
In business, profit and loss are normal. “But what’s extraordinary is putting a large amount of public funds into a company ...
PKR leader Najwan Halimi has made an attempt to jog Umno Youth chief Dr Muhamad Akmal Saleh’s memory of who chaired Khazanah Nasional Berhad at the time it decided to invest in FashionValet. This is ...
The Malaysian Anti-Corruption Commission (MACC) is still recording statements from fashion entrepreneurs and FashionValet ...
Pointing out that Grab started locally but relocated to Singapore after Khazanah chose not to invest, Pua said must be ...
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has initiated an investigation into losses incurred by Khazanah ...
Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after ...
It’s because a large investment in the company gave diminishing returns. Around March 2018, Khazanah and Permodalan Nasional ...
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In 2018, Khazanah and PNB invested a combined RM47 million in FashionValet, with Khazanah contributing RM27 million and PNB ...
In a brief statement, MACC Chief Commissioner Tan Sri Azam Baki said the investigation is crucial as it involves the use of ...
Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) suffered a collective loss of RM43.9 million after selling their minority stakes in FashionValet Sdn Bhd, a Bumiputera digital retail company, ...