Tag - Khazanah Nasional

Anwar to meet with Chinese investors in Shanghai

SHANGHAI: Prime Minister Datuk Seri Anwar Ibrahim begins the third day of his working visit here with a dialogue session with Chinese investors organised by Khazanah Nasional Bhd. Among the investors are Chengwei Capital and NRL Capital, according to Sinar Harian. Anwar is expected to meet several companies and hold a roundtable session with 23 industry leaders here...

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...

Halim Saad sues Dr M over 2001 Renong-UEM affair

KUALA LUMPUR: Businessman Tan Sri Halim Saad has sued Tun Dr Mahathir Mohamad and two others over losses he allegedly suffered during the government’s takeover of United Engineers Malaysia Bhd (UEM) and Renong Bhd in 2001. The 69-year-old businessman filed the lawsuit at the High Court registry through Messrs Malik Imtiaz Sarwar on Aug 2, naming...

Halim Saad sues Dr M over UEM, Renong takeover losses

KUALA LUMPUR: Businessman Tan Sri Halim Saad has sued Tun Dr Mahathir Mohamad and two others over losses he allegedly suffered during the government's takeover of United Engineers Malaysia (UEM) Bhd and Renong Bhd in 2001. The 70-year-old tycoon filed the lawsuit at the High Court registry through Messrs Malik Imtiaz Sarwar on Aug 2. He named...