Khazanah and PNB stand by startup investment plans despite FashionValet loss, Parliament told

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Michelin Guide Kuala Lumpur and Penang 2025: Two new restaurants earn one star and the first Green star was given to DewakanAmir Hamzah went on to say that the experience with FashionValet would not deter Khazanah and PNB’s involvement in the startup sector.

However, offers from new investors were limited, and the most favourable offer was ultimately accepted with unanimous shareholder support, he added. He went on toe say that in 2017, FashionValet reported nearly RM60 million in revenue and an annual growth rate exceeding 100 per cent since 2013.

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