PNB clarifies investment in FashionValet

📆 02/11/2024 00.18.00
📰 staronline

⏱ Reading Time:
24 sec. here
5 min. at publisher
📊 Quality Score:
News: 23%
Publisher: 75%

PNB Berita

Fashionvalet,Khazanah,Stake

PARIS (Reuters) - France stepped up efforts on Friday to protect Atos, the country's struggling and debt-ridden software company which is undergoing a restructuring.

In a statement issued on Friday night , PNB said: “In 2018, the PNB Proprietary Fund participated in FV’s Series C fundraising through a Redeemable Convertible Preference Shares investment of US$5mil for a small minority stake.

PNB further stated that this investment aligned with the government’s call for government-linked investment companies to support high-potential Bumiputera enterprises operating in the new economy. “As part of this arrangement, the Bumiputera investor also offered to purchase shares from existing FV investors. Given PNB’s small stake and that the investment had been largely provided for, it was decided to accept this purchase offer, allowing FV to progress.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Tulis Komentar

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Give time for Khazanah, PNB to explain losses in RM47m FashionValet investment, Fahmi tells MalaysiansKUALA LUMPUR, Oct 31 — Communications Minister Fahmi Fadzil today told the public to give Permodalan Nasional Berhad (PNB) and Khazanah Nasional Bhd (Khazanah) some time to...
Sumber: malaymail - 🏆 1. / 86 Baca lebih lajut »

Khazanah, PNB sold FashionValet stakes at a loss of RM43.9mil, says Finance MinistryAlmost one in five of the workforce in Guangzhou have turned to work in flexible contracts, higher than China’s national level of 14.3%.
Sumber: staronline - 🏆 4. / 75 Baca lebih lajut »