FashionValet Co-Founders apologise to investors, step down from company

PETALING JAYA: Entrepreneur couple apologises and steps down from their position at FashionValet over the recent public fund’s investment debacle. FashionValet co-founders Datin Vivy Yusof and her husband Datuk Fadzaruddin Shah Anuar said they took full responsibility for the failure of the investment by Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB). “We want to state from...

Don’t go overboard in debating BlackRock issue, says Anwar

PUTRAJAYA: Any polemic related to the BlackRock issue that is linked to the Israeli regime could affect Malaysia's interests as a developing country, says Prime Minister Datuk Seri Anwar Ibrahim. Speaking at the July monthly assembly of the Prime Minister's Department here on Monday (July 1), Anwar reminded everyone not to be 'excessive' in discussing polemic...

Khazanah, EPF are weighing taking Malaysia Airports private, sources say

Malaysia’s sovereign wealth fund and public pension provider are considering taking Malaysia Airports Holdings Bhd. private, according to people familiar with the matter, as trading in the airport operator was suspended Wednesday. Khazanah Nasional Bhd. and the Employees Provident Fund are working with an adviser on a possible deal, the people said, asking not to be named...