KUALA LUMPUR: FashionValet Sdn Bhd was seen as a company with potential in the e-commerce space when Khazanah Nasional Bhd made its investment, says Finance Minister II Datuk Seri Amir Hamzah Azizan. "The digital economy was an important core for Malaysia's development, right from the time of the Multimedia Super Corridor with emphasis on the development...
KUALA LUMPUR: FashionValet Sdn Bhd was seen as a company with potential in the e-commerce space when Khazanah Nasional Bhd made its investment, says Finance Minister II Datuk Seri Amir Hamzah Azizan. "The digital economy was an important core for Malaysia's development, right from the time of the Multimedia Super Corridor with emphasis on the development...
PUTRAJAYA: Despite having spent four days with graft investigators, FashionValet founders still have more explaining to do with regard to investment losses incurred by Khazanah Nasional Berhad and Permodalan Nasional Bhd (PNB) from their investment in the company, says Tan Sri Azam Baki. The Malaysian Anti-Corruption Commission chief commissioner said his officers “are not done” recording...
PUTRAJAYA: FashionValet founders Datin Vivy Yusof and Fadzaruddin Shah Anuar left the Malaysian Anti-Corruption Commission (MACC) headquarters here at 4.23pm on Wednesday (Nov 6) after a second day of questioning. According to Sinar Harian, the married couple exited the MACC compound accompanied by an officer wearing an MACC jacket. The female MACC officer was seen sitting in...
PETALING JAYA: The Malaysian Anti-Corruption Commission has raided four FashionValet premises. The MACC announced this in a post on their official TikTok account on Monday (Nov 4). ALSO READ: Sorry not enough to make up for RM43.9mil loss, says Perikatan MP It added that the four raids were conducted simultaneously on Monday, including its office based in Kuala Lumpur. MACC...
PETALING JAYA: Khazanah Nasional has stepped forward to clarify its recent divestment from Fashion Valet Sdn Bhd. In a statement on Friday (Nov 1), it said it invested RM27mil to secure a 9% stake in FashionValet, a burgeoning homegrown e-commerce platform boasting over 400 brands and 15,000 products, with expectations of achieving approximately 60% annual revenue...
