By Ka Kay Lum
Flower and gift delivery platform 50Gram has raised a six-figure seed funding round led by TBV Capital (previously known as TinkBig Venture).
Khazanah said the offer has been made to facilitate a smooth and orderly transition under the new government.
The financing represents a key test for the airline, which was taken over by Malaysian sovereign wealth fund Khazanah Nasional in December 2014.
Malaysia state fund PNB is the majority shareholder of Sime Darby Bhd and its spin-offs Sime Darby Property and Sime Darby Plantation.
Khazanah joins The Carlyle Group, Advent International and General Atlantic to acquire a stake in Pepe Jeans.
Khairul, who was appointed to the position in August 2017, also resigned as CEO of Bank Islam Malaysia Bhd, a wholly-owned subsidiary of BIMB.
Rothschild Bank AG said it noted the regulator’s comments and regretted the breaches that occurred.
Last year, KWAP made its maiden investment into the renewable energy sector when it picked up a 45 per cent stake in UK-based solar power producer Vortex Solar Investments for $90 million.
SGX-listed crane supplier Tat Hong Holdings will delist from the Mainboard
The Malaysian Anti-Corruption Commission is seeking 1MDB’s ex-general counsel Jasmine Loo Ai Swan and former executive director Casey Tang Keng Chee