PETALING JAYA: Khazanah Nasional has stepped forward to explain its recent divestment from FashionValet Sdn Bhd, following an apology issued by the two founders of the fashion company.
In a statement yesterday, Khazanah said it had paid RM27mil to secure a 9% stake in what it called a “burgeoning homegrown e-commerce platform boasting over 400 brands and 15,000 products, with expectations of achieving approximately 60% annual revenue growth”.
