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 F. Valet director: no fraud, get a life & move on

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TSpremier239
post Nov 4 2024, 01:13 PM, updated 2y ago

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https://www.facebook.com/story.php?story_fb...&id=80164351656

“Maybe They Should Have A Life” – Aireen Omar’s Take On Speculations Levelled Against FashionValet

A lot, and we mean a whole lot, is being said about FashionValet since it was revealed that Khazanah Nasional and Perbadanan Nasional Berhad (PNB) sustained a huge loss following their investment in the company.

Malaysians have taken to social media to demand an answer considering both are the government’s investment arm.

FashionValet co-founders Vivy Yusof and her husband Fadza Anuar have been on the receiving end of criticism. This culminated in both announcing yesterday that they were stepping away from the company they founded.

READ MORE: Fadza And Vivy Step Away From FashionValet, No Mention If They Still Hold Shares

Enter Aireen Omar, President (Investment & Ventures) of Capital A.

In a teaser of an interview for “Apa Cerita Podcast” with TikTok user Asyraf Khalid posted yesterday, Aireen who sits on the board of FashionValet was asked to share her thoughts on the boatload of criticism being levelled against the company.

The TikTok user asked Aireen, with many speculations being thrown around, what actually went wrong with FashionValet.

Aireen said there is no such thing as scandal concerning the company, be it with regard to fraud or siphoning of money.

“I mean I sit on the board and I look at the numbers. And definitely there’s no such thing lah. So whatever people want to speculate, they want to speculate, right?” she said.

I mean sometimes I feel that maybe they should have a life and look at other things and probably learn something and improve themself rather than you try to put a company down or people down when you don’t know the facts truly!
Aireen Omar
So what actually happened?

Aireen said “it’s a natural thing that happens in any business”.

With ups and downs being common, what is important she said is how you pull yourself up.

Comparing to AirAsia, she said the company too has its ups and downs, citing the Covid-19 period as an example.

The down years is where business owners will learn how to be more efficient and where they need to be more effective, she said.

On what FashionValet went through, Aireen believes they are handling it well.

Aireen said FashionValet (which recently saw Khazanah and PNB selling off their collective stake for RM3.1 million after a combined investment of RM47 million) is “in a good shape at this point in time”.

READ MORE: What Did FashionValet Do Now? Many Angry Over PNB & Khazanah’s Multi-Million Ringgit Loss

“And I think they’re doing a lot better right now, and they’re moving in the right direction. They’ve been doing pretty good, very well actually,” she told the TikTok interviewer.

A lot of “judgingness”

Towards the end of the clip, Aireen was asked what she felt when looking at what is happening to FashionValet right now.

Aireen thinks it’s a bit unfair.

“And I think the netizens out there need to be careful on what they say and quick to judge. There’s a lot of ‘judgingness’ out there. Maybe they should look at themselves too and see. Why you creating fitnah for nothing.”

As mentioned, this was just a teaser of the podcast show featuring Aireen. The full episode drops Monday and we’re pretty sure many will tune in (or out).

This post has been edited by premier239: Nov 4 2024, 01:27 PM
e-lite
post Nov 4 2024, 01:26 PM

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ahahaha, time to sell airasia

fashionvalet:
1. if your excuse is covid, online sales during covid is highest, why you suffer?
2. your revenue and growth so high, why still lose money?
3. where the money went?


This post has been edited by e-lite: Nov 4 2024, 01:29 PM
giftfre
post Nov 4 2024, 01:28 PM

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Bijan pun byk kali cakap kat luar court, bahawa ini iMDB semua bukan Scam. Ini fitnah....
TSpremier239
post Nov 4 2024, 01:28 PM

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QUOTE(e-lite @ Nov 4 2024, 01:26 PM)
ahahaha, time to sell airasia

fashionvalet:
1. if your excuse is covid, online sales during covid is highest, why you suffer?
2. your revenue and growth so high, why still lose money?
3. where the money went?

pnb/khazanah:
1. why you buy high (47m?) and then sell low (3m?) to the same people. siapa scam siapa sekarang?
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maybe director fees tinggi kot thats y plotek plotek
Jenn77
post Nov 4 2024, 01:33 PM

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Biasalah kalau belum biasakan diri.. bila masalah oren semua minta maaf .. selesai. Jom move on.
nelson969
post Nov 4 2024, 01:35 PM

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Just check cogs, director fee , director remuneration, bonus and entertainment. Sure songlap kao kao .
Autocountstick
post Nov 4 2024, 01:38 PM

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Diesel 86
post Nov 4 2024, 01:41 PM

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Temasek's Crypto failed investment also kena answer to Rakyat.

Does she thinks PNB and Khazanah are not accountable to people's money ?
SUSkopitiamtardx
post Nov 4 2024, 01:41 PM

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Woi babi ini duit kami, kau yang ada silver spoon apa kau tahu... bahalol betul. Yeah 10 mil is a drop in a buclket for you, for us it can feed us for generations. These fucking T1 need to be put in their place. So fucking arrogant. Bastards!!!
Selectt
post Nov 4 2024, 01:59 PM

wattttt!!
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among so many people, he interviewed a board director from FV

lol sohai ke apa
Selectt
post Nov 4 2024, 01:59 PM

wattttt!!
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oh wai

probably paid advertisement for damage control
JasonthegreatTWO
post Nov 4 2024, 02:01 PM

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Jib also say the same. 1MDB no hanky panky when it first erupted....AG Also said the same
TruboXL
post Nov 4 2024, 02:04 PM

Keep on keeping on! 👍
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stopped reading at capital a

king of scammers
United Rulez
post Nov 4 2024, 02:06 PM

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Both siblings manyak capable or manyak cable, manyak pandai lompat

Her bro Ahmad Izham Omar

QUOTE
Media Prima Berhad and Primeworks Studios
He's currently worked as Chief Explorer of Komet, a content company focusing on new and progressive creative content from Southeast Asia. He was the former Executive Director of Content & Creative of Disney+ for Southeast Asia.[1][2][3][4][5]

He was also the former chief executive office of Primeworks Studios after served for 9 years where he also become executive producer for feature films and series.[6][7] He was also formerly the chief executive officer of Media Prima Television Network (MPTN), which included all four free-to-air television channels owned by the Malaysian media group including, TV3, ntv7, 8TV,[8][9] and TV9.[citation needed]

Izham's other notable stints have included heading the Media Prima Radio Networks (MPRN) with popular Malaysian radio stations including Hot FM, Kool FM, Fly FM and One FM in its stable.[citation needed]

Music career
A multi award-winning music producer, arranger, songwriter and musician, Izham's musical career started with legendary Positive Tone record label in 1994,[10] producing progressive music that captured the imagination of Malaysia. He first became well known by being associated the vocal group called Innuendo which he popularized.[citation needed]

His other feats also include launching a world-class video portal called Tonton, which was heralded as a breakthrough by the global industry, being awarded the Most Promising Entrepreneur Award by Enterprise Asia, being accepted as a delegate in the prestigious Asia Society 21 Young Leader's Summit, and recognised with a Lifetime Achievement Award by VIMA (Voice of Independent Music Awards) for his contribution to music.

Izham was also the Chairman of the Communications and Multimedia Content Forum of Malaysia (CMCF) besides being a Trustee of Yayasan 1Malaysia. He had a monthly column in the New Straits Times called “For The Record” where he talks about all things music and creativity.[11]

OPT
post Nov 4 2024, 02:10 PM

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Baca boleh, percaya jangan

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Ayambetul
post Nov 4 2024, 02:12 PM

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Just move on & let MACC to investigate

This post has been edited by Ayambetul: Nov 4 2024, 02:13 PM
ycs
post Nov 4 2024, 02:13 PM

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and how much money they lost? wat was their gaji?
nasiputih
post Nov 4 2024, 02:14 PM

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QUOTE(premier239 @ Nov 4 2024, 01:13 PM)




https://www.facebook.com/story.php?story_fb...&id=80164351656

“Maybe They Should Have A Life” – Aireen Omar’s Take On Speculations Levelled Against FashionValet

A lot, and we mean a whole lot, is being said about FashionValet since it was revealed that Khazanah Nasional and Perbadanan Nasional Berhad (PNB) sustained a huge loss following their investment in the company.

Malaysians have taken to social media to demand an answer considering both are the government’s investment arm.

FashionValet co-founders Vivy Yusof and her husband Fadza Anuar have been on the receiving end of criticism. This culminated in both announcing yesterday that they were stepping away from the company they founded.

READ MORE: Fadza And Vivy Step Away From FashionValet, No Mention If They Still Hold Shares

Enter Aireen Omar, President (Investment & Ventures) of Capital A.

In a teaser of an interview for “Apa Cerita Podcast” with TikTok user Asyraf Khalid posted yesterday, Aireen who sits on the board of FashionValet was asked to share her thoughts on the boatload of criticism being levelled against the company.

The TikTok user asked Aireen, with many speculations being thrown around, what actually went wrong with FashionValet.

Aireen said there is no such thing as scandal concerning the company, be it with regard to fraud or siphoning of money.

“I mean I sit on the board and I look at the numbers. And definitely there’s no such thing lah. So whatever people want to speculate, they want to speculate, right?” she said.

I mean sometimes I feel that maybe they should have a life and look at other things and probably learn something and improve themself rather than you try to put a company down or people down when you don’t know the facts truly!
Aireen Omar
So what actually happened?

Aireen said “it’s a natural thing that happens in any business”.

With ups and downs being common, what is important she said is how you pull yourself up.

Comparing to AirAsia, she said the company too has its ups and downs, citing the Covid-19 period as an example.

The down years is where business owners will learn how to be more efficient and where they need to be more effective, she said.

On what FashionValet went through, Aireen believes they are handling it well.

Aireen said FashionValet (which recently saw Khazanah and PNB selling off their collective stake for RM3.1 million after a combined investment of RM47 million) is “in a good shape at this point in time”.

READ MORE: What Did FashionValet Do Now? Many Angry Over PNB & Khazanah’s Multi-Million Ringgit Loss

“And I think they’re doing a lot better right now, and they’re moving in the right direction. They’ve been doing pretty good, very well actually,” she told the TikTok interviewer.

A lot of “judgingness”

Towards the end of the clip, Aireen was asked what she felt when looking at what is happening to FashionValet right now.

Aireen thinks it’s a bit unfair.

“And I think the netizens out there need to be careful on what they say and quick to judge. There’s a lot of ‘judgingness’ out there. Maybe they should look at themselves too and see. Why you creating fitnah for nothing.”

As mentioned, this was just a teaser of the podcast show featuring Aireen. The full episode drops Monday and we’re pretty sure many will tune in (or out).
*
mana refund?
Emily Ratajkowski
post Nov 4 2024, 02:19 PM

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fashion valet really not a case of fraud. It's a case of giving money to a bad businessman.

If given to grab... now maybe khazanah already got 10x the investment return.
saigetsu
post Nov 4 2024, 02:19 PM

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Board should provide oversight. This is bodo
lordgamer3
post Nov 4 2024, 02:21 PM

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Woman that's pur income tax, ofc simply say move on tutup citer settle ka?
DarkAeon
post Nov 4 2024, 02:22 PM

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if u tak tahan public scrutiny, then don't take public funds. if it's your own money, u lingkup 10 times also no one cares

but as soon as u take money directly or indirectly from the govt, your arse belong to the public and they have every right to comment

the one who shud get a life is you
SUSRorschach85
post Nov 4 2024, 02:22 PM

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No aireen, just no aireen..
WinkyJr
post Nov 4 2024, 02:27 PM

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1. How much did they pay themselves using money from Khazanah?
2. Details on 20 juta in tech investment losses.

inb4, u r not t20/t10/t5, so u don't need to know, get life and stfu.
dwks
post Nov 4 2024, 02:29 PM

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Just mass report the reporter , creator also have up and down as she say, see how creator love the down
Koifreshie
post Nov 4 2024, 02:30 PM

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She shld be held accountable for what she is saying now once investigations are completed. Not too intelligent to come out openly as Malaysian politics can make anything a possibility.
hunt2sp
post Nov 4 2024, 02:33 PM

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sembang mesti bunyi mau best maaaa... mana boleh tak best
zerorating
post Nov 4 2024, 02:36 PM

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rakyat marhaen masa up also cant afford beg mahal.
this guy waktu susah, sangat mewah. unbelieveable
alanyuppie
post Nov 4 2024, 02:40 PM

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QUOTE(Emily Ratajkowski @ Nov 4 2024, 03:19 PM)
fashion valet really not a case of fraud. It's a case of giving money to a bad businessman.

If given to grab... now maybe khazanah already got 10x the investment return.
*
Wait and see how investigation goes. Maybe got red flags after auditing where $$$ deliberately siphoned to certain parties/proxies .
cms
post Nov 4 2024, 02:51 PM

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This 1 salah PMX , PMIX or PMVIII
ticke
post Nov 4 2024, 02:54 PM

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money laundering and mismanagement more like it
dawnreaver
post Nov 4 2024, 02:56 PM

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Basically PNB and Khazanah made a bad investment.
lakini80
post Nov 4 2024, 02:59 PM

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I really dont understand, other people do cosmetic and fashion, untung gila gila...
FV rugi gila gila....

Brain freeze ler wei...
Heroicage
post Nov 4 2024, 03:01 PM

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this kind of news, the bumno youth don't wanna bark?....

LOLLLL.....

like to rest of the shitface 1-sided traitor party supporters here...."selective" barking.


thesoothsayer
post Nov 4 2024, 03:04 PM

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How much were they getting paid and how was the money spent during that time?
Pikichu
post Nov 4 2024, 03:05 PM

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QUOTE(Ayambetul @ Nov 4 2024, 02:12 PM)
Just move on & let MACC to investigate
*
Same crony, won't investigate properly.
Saitama
post Nov 4 2024, 03:06 PM

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fuh

"get a life"

semoga azam baki investigate her too
Pikichu
post Nov 4 2024, 03:08 PM

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QUOTE(United Rulez @ Nov 4 2024, 02:06 PM)
Both siblings manyak capable or manyak cable, manyak pandai lompat

Her bro Ahmad Izham Omar
*
First minute of interview she talk cock nonsense.
If she dare, give me RM47 million and Fashion Valet today, i show how to make profit.
coyouth
post Nov 4 2024, 03:12 PM

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QUOTE(premier239 @ Nov 4 2024, 01:13 PM)




https://www.facebook.com/story.php?story_fb...&id=80164351656

“Maybe They Should Have A Life” – Aireen Omar’s Take On Speculations Levelled Against FashionValet

A lot, and we mean a whole lot, is being said about FashionValet since it was revealed that Khazanah Nasional and Perbadanan Nasional Berhad (PNB) sustained a huge loss following their investment in the company.

Malaysians have taken to social media to demand an answer considering both are the government’s investment arm.

FashionValet co-founders Vivy Yusof and her husband Fadza Anuar have been on the receiving end of criticism. This culminated in both announcing yesterday that they were stepping away from the company they founded.

READ MORE: Fadza And Vivy Step Away From FashionValet, No Mention If They Still Hold Shares

Enter Aireen Omar, President (Investment & Ventures) of Capital A.

In a teaser of an interview for “Apa Cerita Podcast” with TikTok user Asyraf Khalid posted yesterday, Aireen who sits on the board of FashionValet was asked to share her thoughts on the boatload of criticism being levelled against the company.

The TikTok user asked Aireen, with many speculations being thrown around, what actually went wrong with FashionValet.

Aireen said there is no such thing as scandal concerning the company, be it with regard to fraud or siphoning of money.

“I mean I sit on the board and I look at the numbers. And definitely there’s no such thing lah. So whatever people want to speculate, they want to speculate, right?” she said.

I mean sometimes I feel that maybe they should have a life and look at other things and probably learn something and improve themself rather than you try to put a company down or people down when you don’t know the facts truly!
Aireen Omar
So what actually happened?

Aireen said “it’s a natural thing that happens in any business”.

With ups and downs being common, what is important she said is how you pull yourself up.

Comparing to AirAsia, she said the company too has its ups and downs, citing the Covid-19 period as an example.

The down years is where business owners will learn how to be more efficient and where they need to be more effective, she said.

On what FashionValet went through, Aireen believes they are handling it well.

Aireen said FashionValet (which recently saw Khazanah and PNB selling off their collective stake for RM3.1 million after a combined investment of RM47 million) is “in a good shape at this point in time”.

READ MORE: What Did FashionValet Do Now? Many Angry Over PNB & Khazanah’s Multi-Million Ringgit Loss

“And I think they’re doing a lot better right now, and they’re moving in the right direction. They’ve been doing pretty good, very well actually,” she told the TikTok interviewer.

A lot of “judgingness”

Towards the end of the clip, Aireen was asked what she felt when looking at what is happening to FashionValet right now.

Aireen thinks it’s a bit unfair.

“And I think the netizens out there need to be careful on what they say and quick to judge. There’s a lot of ‘judgingness’ out there. Maybe they should look at themselves too and see. Why you creating fitnah for nothing.”

As mentioned, this was just a teaser of the podcast show featuring Aireen. The full episode drops Monday and we’re pretty sure many will tune in (or out).
*
so she's just saying olang kito tak pandai buat business?
h@ksam
post Nov 4 2024, 03:19 PM

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another silver spoon lady

the fact is, Khazanah was using someone else's money.

of course everyone has the right to know, especially the ones that paid their contribution.
h@ksam
post Nov 4 2024, 03:23 PM

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QUOTE(Emily Ratajkowski @ Nov 4 2024, 02:19 PM)
fashion valet really not a case of fraud. It's a case of giving money to a bad businessman.

*
it's not just bad.

it's 46,000,000.00 ringgit bad

do SME's even need this much capital to start off

you walk into bank to apply 1 million loan as capital also scrutinise like fark on everything and most likely rejected without a collateral


WinkyJr
post Nov 4 2024, 03:25 PM

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hati2 kiboding ya, ada geng dia dalam /k ni
Ku9
post Nov 4 2024, 04:09 PM

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Won't find anything wrong, just like one used cow fund vo buy condo in singa5
williamtan2020
post Nov 4 2024, 04:20 PM

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Woah.....Aireen!! you living in a different planet? Life is hard for many of us here unlike yours....Profit & loss just part of business eh? They are in good direction? This don't even qualify as an excuse. I hope not only PAC but MACC get involve and uncover the whole picture. And it gets clearer with each interview the board make!
Ichibanichi
post Nov 4 2024, 04:31 PM

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QUOTE(Emily Ratajkowski @ Nov 4 2024, 02:19 PM)
fashion valet really not a case of fraud. It's a case of giving money to a bad businessman.

If given to grab... now maybe khazanah already got 10x the investment return.
*
Even if Grab remain here and get funding from khazanah, I'm sure there is no big big ROI. More likely Grab will be squeeze in every direction as everyone will use it as political tools due to
1. It operate by non
2. Majority of driver (no need to say apa skin) will either call for boycott if demand not meet or cry father cry mother apa skin hina siapa skin sentiment

Let me give you the most glaring example
McD under pak arab vs McD under Berjaya
Pak Arab naik harga......krik..krik...krik
Berjaya naik harga.....whole nation cry father cry mother

Another is Speedmart99
B4 listed, puji for low price sundry goods
After listed, fulamak....ada hati demand Speedmart99 must pay their richest to everyone.
nonnon
post Nov 4 2024, 04:34 PM

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senang saja ma oghe kito tipu lui
Zaryl
post Nov 4 2024, 04:36 PM

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dey where is my AirAsia ticket refund??
MR_alien
post Nov 4 2024, 05:13 PM

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The najib concept

Saya sudah songlap, you guys should get a life
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post Nov 4 2024, 05:16 PM

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any investment must have accountability. big losses and head must roll. it is not that vivy yusoff own money to begin with. it was tax payer money.
DarkNite
post Nov 4 2024, 05:20 PM

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QUOTE(Selectt @ Nov 4 2024, 01:59 PM)
among so many people, he interviewed a board director from FV

lol sohai ke apa
*
Tu dia!
As member of BoD she accountable too, no?
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post Nov 4 2024, 05:24 PM

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Justin.Loong
post Nov 4 2024, 05:31 PM

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QUOTE(United Rulez @ Nov 4 2024, 02:06 PM)
Both siblings manyak capable or manyak cable, manyak pandai lompat

Her bro Ahmad Izham Omar
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cursetheroad01
post Nov 4 2024, 05:39 PM

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Kekwa
Audit pun tak buat lagi, terus cakap takde fraud.
Sure lady.
Justin.Loong
post Nov 4 2024, 05:50 PM

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QUOTE(Emily Ratajkowski @ Nov 4 2024, 02:19 PM)
fashion valet really not a case of fraud. It's a case of giving money to a bad businessman.

If given to grab... now maybe khazanah already got 10x the investment return.
*
QUOTE
Tahukah anda tahun 2015, MyTeksi pernah mohon bantuan Khazanah utk pembiayaan kewangan berjumlah US$10 juta.

Khazanah jawab apa?
Kami tak pam duit kpd syarikat kecil.

Perghhhh...

Tahun 2018, Khazanah labur RM27 juta & PNB pula labur RM20 juta ke dalam FashionValet.

Bertentangan dgn apa yg mereka sebut kpd MyTeksi!
Hari ini nilai pasaran Grab atau nama lamanya MyTeksi bernilai RM163 bilion.
The rest is history.

Justin.Loong
post Nov 4 2024, 05:51 PM

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QUOTE(Rorschach85 @ Nov 4 2024, 02:22 PM)
No aireen, just no aireen..
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whyamiblack
post Nov 4 2024, 06:24 PM

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Malaysians and making a mountain out of a molehill berpisah tiada
quintesson
post Nov 4 2024, 06:31 PM

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If the money came from her, you think she'll ask or not? By that time we'll tell her get a life every business got up and down. Money not hers of course she can say whatever so casually. Mtf.
Roadwarrior1337
post Nov 4 2024, 06:37 PM

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She talking like it’s her money ?

Dafug

Pls be sensitive over this issue. Air Asia is down in the drain she has no right to give opinion if she think she is a subject matter expert
COOLPINK
post Nov 4 2024, 06:38 PM

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Then shut the hell up yourself and let the authorities audit la.

Takut ke?
backspace66
post Nov 4 2024, 06:53 PM

Look at all my stars!!
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Remember, she can be in cahoot.
Joker.
post Nov 4 2024, 07:01 PM

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Tak payah tanya soalan susah
SUSRorschach85
post Nov 5 2024, 11:33 AM

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QUOTE(h@ksam @ Nov 4 2024, 04:23 PM)
it's not just bad.

it's 46,000,000.00 ringgit bad

do SME's even need this much capital to start off

you walk into bank to apply 1 million loan as capital also scrutinise like fark on everything and most likely rejected without a collateral
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Dun say 1 mil, 100k also mcm apa mau bagi loan / facility
titanmelvin
post Nov 9 2024, 10:28 AM

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Aireen said there is no such thing as scandal concerning the company, be it with regard to fraud or siphoning of money.
RT8081
post Nov 9 2024, 10:55 AM

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this is the quality of leadership.. good la
RT8081
post Nov 9 2024, 10:56 AM

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QUOTE(williamtan2020 @ Nov 4 2024, 04:20 PM)
Woah.....Aireen!! you living in a different planet? Life is hard for many of us here unlike yours....Profit & loss just part of business eh? They are in good direction? This don't even qualify as an excuse. I hope not only PAC but MACC get involve and uncover the whole picture. And it gets clearer with each interview the board make!
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exactly.
RT8081
post Nov 9 2024, 10:58 AM

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QUOTE(Justin.Loong @ Nov 4 2024, 05:50 PM)
LOL
SUSCurrent Events guy
post Nov 9 2024, 10:58 AM

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QUOTE(RT8081 @ Nov 9 2024, 10:55 AM)
this is the quality of leadership.. good la
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As expected from Tony underling
RT8081
post Nov 9 2024, 11:09 AM

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QUOTE(Current Events guy @ Nov 9 2024, 10:58 AM)
As expected from Tony underling
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exactly
carloz28
post May 16 2025, 08:55 AM

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Bump
ticke
post May 16 2025, 09:33 AM

****E***y*u***i***@**
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the woman delusional? if the money invested were hers, would she swallow it good? lol
nonnon
post May 16 2025, 10:10 AM

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aiya, puak tertindas will krik krik oghe kito.
Stigonboard
post May 16 2025, 10:12 AM

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QUOTE(Emily Ratajkowski @ Nov 4 2024, 02:19 PM)
fashion valet really not a case of fraud. It's a case of giving money to a bad businessman.

If given to grab... now maybe khazanah already got 10x the investment return.
*
Khazanah already have substantial investment on the original - UBER and made 20 times the return
Stigonboard
post May 16 2025, 10:15 AM

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QUOTE(RT8081 @ Nov 9 2024, 10:58 AM)
LOL
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Not full story

Khazanah already pump substantial money into UBER that time .. way before Grab ditch their taxi drivers and copy the same concept

https://www.carlist.my/zh/news/uber-vs-taxi.../?id_slug=60707

Why Khazanah wanna invest in copycat while they making tons of money with Uber?
RT8081
post May 16 2025, 10:16 AM

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QUOTE(Stigonboard @ May 16 2025, 10:15 AM)
Not full story

Khazanah already pump substantial money into UBER that time .. way before Grab ditch their taxi drivers and copy the same concept

https://www.carlist.my/zh/news/uber-vs-taxi.../?id_slug=60707

Why Khazanah wanna invest in copycat while they making tons of money with Uber?
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Valid question

kenuism
post May 16 2025, 10:16 AM

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orang tanya what happened, dia pulak bebel macam ayam tua : ups and downs lah, revenge shopping. kepala hotak
gamehype
post May 16 2025, 10:21 AM

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QUOTE(Stigonboard @ May 16 2025, 10:15 AM)
Not full story

Khazanah already pump substantial money into UBER that time .. way before Grab ditch their taxi drivers and copy the same concept

https://www.carlist.my/zh/news/uber-vs-taxi.../?id_slug=60707

Why Khazanah wanna invest in copycat while they making tons of money with Uber?
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QUOTE(RT8081 @ May 16 2025, 10:16 AM)
Valid question
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Because Grab is local.

And its not like if they invested in Grab, have to sell Uber. You can invest in both. They have the money.

Like I bought Maybank shares. I also can buy CIMB shares. As long as both makes money, what wrong with that?
Stigonboard
post May 16 2025, 11:43 AM

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QUOTE(gamehype @ May 16 2025, 10:21 AM)
Because Grab is local.

And its not like if they invested in Grab, have to sell Uber. You can invest in both. They have the money.

Like I bought Maybank shares. I also can buy CIMB shares. As long as both makes money, what wrong with that?
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You have to see Khazanah position at that time

When Khazanah is investing a lot in UBER, there is one upstart that start MyTaxi and supporting the taxi drivers

If you can recall, MyTaxi even lobbying the gov to ban UBER and even supporting the taxi drivers objection of UBER. They also claimed that UBER will be banned because it is killing the taxi drivers.

Not until late in the game where suddenly Grab decided to ditch MyTaxi concept and copied UBER.

So if you in Khazanah position do you want to put investment in an upstart that just short while ago telling everyone UBER concept is evil and suddenly want to copy UBER themselves?

Its easy for us to talk kok now because Grab is successful now but you have to understand Khazanah decision making at that time
giftfre
post May 16 2025, 11:46 AM

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Bijan duk jerit dlm Hotel Kajang, dia cakap no such fraud and bride accusation.

Bebas! Bebas!Bebas!
Reformasi!
Pain4UrsinZ
post May 16 2025, 11:48 AM

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QUOTE(carloz28 @ May 16 2025, 08:55 AM)
Bump
*
court got update ? if no then why bump
dawnreaver
post May 16 2025, 11:51 AM

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QUOTE(Emily Ratajkowski @ Nov 4 2024, 02:19 PM)
fashion valet really not a case of fraud. It's a case of giving money to a bad businessman.

If given to grab... now maybe khazanah already got 10x the investment return.
*
I also want to be a bad businessman and not be held accountable for losing investors' money.

brows.gif
hcmalaya
post May 16 2025, 11:56 AM

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Yeah get A life
We also want million cash to goyang around
Give us that Life
Kekwa
Redhunt
post May 16 2025, 12:53 PM

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so adamanent ? then open book lor

MP's can request
gamehype
post May 16 2025, 02:05 PM

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QUOTE(Stigonboard @ May 16 2025, 11:43 AM)
You have to see Khazanah position at that time

When Khazanah is investing a lot in UBER, there is one upstart that start MyTaxi and supporting the taxi drivers

If you can recall, MyTaxi even lobbying the gov to ban UBER and even supporting the taxi drivers objection of UBER. They also claimed that UBER will be banned because it is killing the taxi drivers.

Not until late in the game where suddenly Grab decided to ditch MyTaxi concept and copied UBER.

So if you in Khazanah position do you want to put investment in an upstart that just short while ago telling everyone UBER concept is evil and suddenly want to copy UBER themselves?

Its easy for us to talk kok now because Grab is successful now but you have to understand Khazanah decision making at that time
*
No issue for me. People can change opinion, business can change business direction. Maybe you can say Khazanah didn't want to invest in Grab because they were hypocritical/unethical, but then don't create excuse that Khazanah already invested in Uber, so cannot invest in Grab.

Especially when Grab decided to copy Uber. If one believe the Uber concept can succeed, why can't you also believe in local startup that copies Uber?
Stigonboard
post May 16 2025, 02:16 PM

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QUOTE(gamehype @ May 16 2025, 02:05 PM)
No issue for me. People can change opinion, business can change business direction. Maybe you can say Khazanah didn't want to invest in Grab because they were hypocritical/unethical, but then don't create excuse that Khazanah already invested in Uber, so cannot invest in Grab.

Especially when Grab decided to copy Uber. If one believe the Uber concept can succeed, why can't you also believe in local startup that copies Uber?
*
Its easy as you have the benefit of the hindsight

Its not an excuse. khazanah already have substantial money in UBER and they know (at that time) that UBER is much more profitable than Grab

Grab during that time just a dying startup that cannot even finish their job with MyTaxi.

No one can predict the future
gamehype
post May 16 2025, 04:19 PM

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QUOTE(Stigonboard @ May 16 2025, 02:16 PM)
Its easy as you have the benefit of the hindsight

Its not an excuse. khazanah already have substantial money in UBER and they know (at that time) that UBER is much more profitable than Grab

Grab during that time just a dying startup that cannot even finish their job with MyTaxi.

No one can predict the future
*
https://www.grab.com/my/blog/myteksi-receiv...tional-funding/

For a dying startup, alot of other companies seems very willing to put in money.
Stigonboard
post May 16 2025, 06:33 PM

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QUOTE(gamehype @ May 16 2025, 04:19 PM)
https://www.grab.com/my/blog/myteksi-receiv...tional-funding/

For a dying startup, alot of other companies seems very willing to put in money.
*
Because Uber show the way it can be done and investors that missing out in Uber initial investment hungry for a similar startup
ralfvi
post May 16 2025, 06:40 PM

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this is when we say like najib once did "kepala bapak engkau".

 

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