🧥 Fashion Valley is a major fashion entity in Malaysia, founded by Datin Yusof and Datuk Fzarudin Anwar. It started as a platform for selling fashion items and launched two internal brands, Dark and Lilit, in 2022.

📉 Recently, Khazanah Nasional Berhad and PNB reported a loss of RM 43.9 million after selling their minority stake in Fashion Valley. The COVID-19 pandemic significantly impacted the business, necessitating new capital for operations.

💰 A Bumiputra company, NXBT Partners, has offered to acquire Khazanah and PNB's shares in Fashion Valley and inject the needed capital. Khazanah reported an operational profit of RM 1.9 billion for the fiscal year 2023, up from RM 1.6 billion in 2022.

🍇 In other news, Thailand issued a warning about Shine Muscat grapes containing harmful chemical residues. Out of 24 samples tested, 23 exceeded legal pesticide limits. However, Malaysia's Ministry of Health confirmed that no Shine Muscat grapes here exceeded safe levels.

🍔 A conspiracy theory surrounding McDonald's ice cream machines has surfaced, suggesting that a specific service company intentionally causes machines to break down for profit. Recently, U.S. regulators allowed McDonald's owners to choose their own service providers for repairs.

🌟 In conclusion, we hope Fashion Valley can recover and thrive. Let's support local businesses in Malaysia!