Report: MACC to issue official statement on RM43.9m FashionValet investment loss by Khazanah, PNB today

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Fashionvalet Investment Loss By Khazanah أخبار

PNB,Fashionvalet,Khazanah Nasional Berhad

KUALA LUMPUR, Nov 2 — The Malaysian Anti-Corruption Commission (MACC) is set to release an official statement today regarding the RM43.9 million loss incurred by Khazanah...

‘We failed our investors’: FashionValet founders Fadza and Vivy step down, take responsibility over Khazanah and PNB’s RM43.9m loss

‘Now or never’: Amorim says wanted to stay at Sporting until end of season, but United’s ultimatum seals move to Old Trafford On October 29, the Finance Ministry disclosed to the Dewan Rakyat that Khazanah and PNB’s combined investment of RM47 million in FV back in 2018, originally for minority stakes, had been sold for a mere RM3.1 million, resulting in a substantial loss.PM Anwar: No intervention in investigations into Khazanah, PNB’s RM43.9m loss in Fashion Valet; MACC probing RM1.8b fertiliser cartel case

 

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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%.
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