Tag - FashionValet

MACC raids four FashionValet premises

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...

Khazanah clarifies divestment from FashionValet

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...