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The Khazanah-FashionValet investment issue became public on 29 October 2024, after Malaysia's Ministry of Finance said in Parliament that government-owned companies, Khazanah Nasional and Permodalan Nasional Berhad (PNB), lost RM43.9 million, which is about USD 10.74 million when they sold their shares in the online store FashionValet. The company was started by Vivy Yusof and her husband ...
Vivy Sofinas Yusof (born December 11, 1987) is a Malaysian entrepreneur, social media influencer, and the co-founder of the fashion e-commerce platform FashionValet and lifestyle brand The dUCk Group.
9 lis 2024 · Last month, Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) sold their stakes in Fashion Valet Sdn Bhd (FashionValet) for RM3.1 million, following a combined investment of RM47 million made in 2018.
8 lis 2024 · KUALA LUMPUR: Malaysia’s fashion e-commerce platform FashionValet has come under intense scrutiny of late amid allegations of funds mismanagement by its co-founders. The spotlight is on...
7 lis 2024 · KUALA LUMPUR, Nov 7 — Last month, Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) sold their stakes in Fashion Valet Sdn Bhd (FashionValet) for RM3.1 million, following a combined investment of RM47 million made in 2018.
29 sie 2024 · Malaysia-based e-commerce company FashionValet (FV), the one that was backed by the country’s sovereign wealth fund Khazanah Nasional Bhd in 2018 and raised nearly $20 million, has been taken over by local investment firm NXBT Partners in a fire sale.
4 lis 2024 · Between 2017 and 2022, FashionValet, which was founded by Datin Vivy Sofinas Yusof and her husband Datuk Fadzaruddin Shah Anuar with an initial focus on third-party fashion items, recorded a total of RM103.3 million in losses after tax.
