Penjana Kapital to sue those who infer irregularity in VC appointments

Penjana Kapital Sdn Bhd has stressed that it will not hesitate to take legal action against anyone that seeks to make any inference or suggestion of any irregularity in respect of the appointments of venture capital (VC) fund managers for the Dana Penjana Nasional (DPN).

Penjana Kapital, which managed the RM600 million DPN, said it took its responsibilities seriously and executed them with transparency and check-and-balance...