Malay Mail on MSN12h
Saying ‘stupidity is free’, Umno Youth chief scorches Tony Pua for defending Khazanah over FashionValet’s multi-million ringgit losses
In business, profit and loss are normal. “But what’s extraordinary is putting a large amount of public funds into a company ...
Latest on SAYS1d
FashionValet Controversy Explained: Vivy Yusof's Resignation, Khazanah & PNB's Involvement
Over the years, it became a key player in the regional fashion industry. The company's growth was further bolstered in 2018, ...
Malaysiakini4h
'Akmal, who chaired Khazanah when it invested in FashionValet?'
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 Rakyat Post on MSN7d
What Did FashionValet Do Now? Many Angry Over PNB & Khazanah’s Multi-Million Ringgit Loss
It’s because a large investment in the company gave diminishing returns. Around March 2018, Khazanah and Permodalan Nasional ...
Hosted on MSN8h
MACC continues questioning FashionValet founders Vivy Yusof, Fadzarudin Shah over RM43.9m investment losses linked to Khazanah, PNB
MACC Chief Commissioner Tan Sri Azam Baki told Bernama that, as of yesterday, four witnesses from PNB, Khazanah, and the ...
malaymail4d
Khazanah and PNB defend investments in FashionValet, say did so to support homegrown and Bumiputera start-up
Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after ...
Anwar orders Khazanah internal audit over RM43.9mil lost investment
PETALING JAYA: Khazanah Nasional Bhd has been ordered to conduct an internal audit over issues related to its RM43.9mil ...
MACC investigating Khazanah, PNB's unsuccessful investment
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has initiated an investigation into losses incurred by Khazanah ...
Latest on SAYS7d
MOF: Khazanah & PNB Lost Over RM43M After Selling Their Stake In FashionValet For RM3.1M
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, ...
Malay Mail on MSN4d
MACC says started probed into Khazanah, PNB’s investment into FashionValet after RM43.9m loss
In 2018, Khazanah and PNB invested a combined RM47 million in FashionValet, with Khazanah contributing RM27 million and PNB ...
Malaysiakini4d
MACC probes Khazanah, PNB's RM44m loss in FashionValet
MACC has launched an investigation into the losses sustained by Khazanah Nasional and Permodalan Nasional Berhad (PNB) from ...
Bloomberg L.P.22d
Khazanah Seeks to Lure Fund Managers into Malaysia in VC Push
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. is launching initiatives to support local venture capital funds and attract international managers, in a boost to its efforts to become a ...