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: The Malaysian Anti-Corruption Commission (MACC) carried out another round of checks on several premises, including the residence of a local online fashion business founding couple in the Klang Valley. MACC chief commissioner Tan Sri Azam Baki said the checks were aimed at obtaining related documents and exhibits as well as assets owned by the couple...
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...
KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust, Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of RM837.89mil for Amanah Saham Malaysia 3 (ASM 3) for the financial year ending Sept 30. In a statement, PNB said it declared a total income distribution of RM837.89mil benefitting 650,487 unitholders who currently own 17.64...
PETALING JAYA: A PKR lawmaker has refuted the misleading viral message circulating on social media comparing the Employees Provident Fund (EPF) and Permodalan Nasional Berhad (PNB) dividend payouts. Petaling Jaya MP Lee Chean Chung explained that the EPF's investment approach involves a combination of bonds with a 2.5% guaranteed return and investments in both Malaysian and...
KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has declared a total income distribution of 5.25 sen a unit for its flagship fund, Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2023 (FY2023). The total distribution consists of an income distribution of 4.25sen per unit...
