News Formal

Vivy and husband apologise for FashionValet investment failure

  • 📰 staronline
  • ⏱ Reading Time:
  • 19 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 75%

Fashionvalet Nyheter

Vivy Yusof,Fadzaruddin Shah Anuar,Khazanah Nasional

Estonian ehailing service Bolt is set to launch in Malaysia soon, according to a notice displayed on the app's main homepage.

‘We are sorry’: Vivy was FashionValet’s chief executive officer, while Fadzaruddin acted as its executive director. — Picture taken from Vivy’s Instagram

“We want to state from the outset that we take full responsibility for the failure of the investment. The sale marked a significant loss from the RM47mil the two government-linked investment companies had paid for the entity. “As much as we tried to cut costs to conserve cash, including shutting down our e-commerce platform, the situation had become dire.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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...
Källa: malaymail - 🏆 1. / 86 Läs mer »