Chat Mahathir turn Vincent Tan from million to billion
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 Apr 23 2021, 03:42 PM
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#1
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Junior Member
769 posts Joined: Aug 2011 
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QUOTE(Taikor.Taikun @ Apr 23 2021, 03:32 PM) U think Madey can simply turn any lengchai into billionaire? You underestimate the power of cronies and connections. He even manage to make all his kids rich. Inb4 all hard working. |
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Apr 23 2021, 04:47 PM
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#2
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Junior Member
769 posts Joined: Aug 2011
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QUOTE(Taikor.Taikun @ Apr 23 2021, 04:35 PM) Things like big enterprises r not simply built up by cronyism n connections alone. Surely it opens up the opportunity but the businesses r self-sustained most of the time. They did received bailouts during mamak time.What’s tongkat is repeated backups b bailouts, cronies still goes bankrupt QUOTE Transport Minister Datuk Seri Ling Liong Sik said KL PRT Sdn. Bhd. will receive a 300-million-ringgit ($75.8 million) concessionary loan from the government to proceed with the monorail project. In addition, KL PRT, which is controlled by Tan Sri Vincent Tan Chee Yioun of the sprawling Berjaya Group, has received government approval to undertake a public offering to raise additional funds to complete the 2.2-billion-ringgit venture, Datuk Seri Ling was quoted as saying by the national news agency, Bernama. https://www.wsj.com/articles/SB896896588631187000 Kudos to him for becoming millionaire but as the title says, his connections to the government makes him billionaire. Seriously no one in Malaysia can reach his levels if no "connection"  This post has been edited by LamboSama: Apr 23 2021, 04:49 PM Imkenashadowban and silvertoes liked this post
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Apr 23 2021, 05:51 PM
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#3
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Junior Member
769 posts Joined: Aug 2011
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QUOTE(Namelessone1973 @ Apr 23 2021, 05:03 PM) Yup, its a cash cow and gambling tax collected could be more than Genting's contribution. It wasn't online betting.But it was rejected because sports betting will probably involve online betting and once that gate is opened, there will be no control on muslim. Back then were got much online betting. Issue with sport betting was match fixing. This post has been edited by LamboSama: Apr 23 2021, 05:51 PM |
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Apr 23 2021, 05:52 PM
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#4
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Junior Member
769 posts Joined: Aug 2011
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QUOTE(wanted111who @ Apr 23 2021, 05:16 PM) You muah lupa , his cucu also millionaires already. That's trickle down economics |
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May 3 2021, 09:37 AM
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#5
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Junior Member
769 posts Joined: Aug 2011
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QUOTE(moiskyrie @ May 3 2021, 09:25 AM) Wait...he own Friendster? Bought it towards the end of it's lifespan. |
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