Fund’s FashionValet setback must not stop it from original goal to help startups, they say

Committee also recommends national sovereign wealth fund strengthen its risk management framework

KUALA LUMPUR, July 8 — Khazanah Nasional Bhd has held a series of productive meetings with the French and Italian sovereign wealth funds to explore cross-border collaboration, particularly in the field of artificial intelligence (AI).

KUALA LUMPUR, June 5 — The Public Accounts Committee (PAC) has recalled several witnesses from the Employees Provident Fund (EPF) and Khazanah Nasional Berhad for proceedings related to the management of public airports.

KUALA LUMPUR, March 7 — The restoration of Carcosa Seri Negara and the Sultan Abdul Samad Building will help strengthen national identity while enriching the experience of tourists and the local community, said Prime Minister Datuk Seri Anwar Ibrahim.

By Siti Rohaizah Zainal SHAH ALAM, Feb 26 — Selangor will sign a memorandum of understanding (MOU) with Khazanah Nasional Bhd and Malaysia Airports Holdings Bhd (MAHB) to develop the Selangor Aero Park. Menteri Besar Dato’ Seri Amirudin Shari said the deal, set to be signed next month, aims...

DAVOS, Jan 22 — National sovereign wealth fund Khazanah Nasional Bhd is rebalancing its portfolio to invest more in developed markets, with an eye on managing expected risks from the new Donald Trump presidency in the United States (US).

KUALA LUMPUR, Jan 20 — A takeover offer for Malaysia Airports Holdings Bhd (MAHB) by a consortium comprising the country’s sovereign wealth fund and BlackRock has been extended for a third time this month to February 4, a stock exchange filing today showed.

KUALA LUMPUR, Jan 11 — Khazanah Nasional Bhd has allocated RM200 million to Khazanah Youth Development Programme (K-Youth) this year to train and develop 11,000 young Malaysians in key sectors, including semiconductors.

By Selangor Journal Team SHAH ALAM, Jan 10 — Selangor is strengthening ties with Khazanah Nasional Bhd to accelerate advancements in the state’s aerospace and semiconductor industries.  State executive councillor for investment, trade, and mobility Ng Sze Han said the Selangor government...

SINGAPORE, Jan 8 — A consortium comprising Malaysia's sovereign wealth fund Khazanah Nasional Bhd and BlackRock's Global Infrastructure Partners that offered to take over Malaysia Airports Holdings Berhad (MAHB) said it had secured an 84.1 per cent stake in the company.

SEPANG, Dec 21 — A takeover bid for Malaysia Airports Holdings Bhd (MAHB) by a consortium comprising Khazanah Nasional Bhd and BlackRock’s Global Infrastructure Partners was deemed viable for shareholders by the deal’s financial adviser yesterday.

PUTRAJAYA, Nov 28 — The Malaysian Anti-Corruption Commission (MACC) has completed the investigation paper on the investments made by several government entities in the e-commerce platform FashionValet Sdn Bhd, said MACC chief Tan Sri Azam Baki.

KAJANG, Nov 16 — Investigation involving FashionValet Sdn Bhd (FashionValet) founding couple over the investment loss of Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) is expected to be completed in two weeks.

KUALA LUMPUR, Nov 12 — Findings from the internal audit and the Malaysian Anti-Corruption Commission (MACC) investigation into the RM43.9 million investment loss in FashionValet Sdn Bhd will be used to improve the governance of Khazanah Nasional Bhd.

PUTRAJAYA, Nov 11 — The Malaysian Anti-Corruption Commission (MACC) is reviewing and investigating the cash flow received by the founding couple of commerce platform FashionValet Sdn Bhd, said MACC chief commissioner Tan Sri Azam Baki.

PUTRAJAYA, Nov 8 — The Malaysian Anti-Corruption Commission (MACC) is currently looking into identifying assets, ownership and financial sources obtained by the founders of e-commerce platform FashionValet Sdn Bhd.

PUTRAJAYA, Nov 7 — The Malaysian Anti-Corruption Commission (MACC) has found several suspicious transactions in an investigation into the RM43.9 million investment losses of FashionValet Sdn Bhd.

PUTRAJAYA, Nov 7 — The Malaysian Anti-Corruption Commission (MACC) has frozen several personal and company bank accounts, valued at around RM1.1 million, belonging to the founders of the FashionValet e-commerce platform.

PUTRAJAYA, Nov 5 — The founding couple of an online fashion business provided their statements to the Malaysian Anti-Corruption Commission (MACC) today.