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 Tan Sri Lim Kok Thay buy new car.....

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post Yesterday, 07:57 AM

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QUOTE(plouffle0789 @ Dec 3 2025, 08:09 PM)
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He will buy 100 bentley or rolls royce start march 2026....
New casino license !!!
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QUOTE
A small number of protesters interrupted Monday’s board meeting shortly after Been announced the board’s unanimous decision, chanting “shame on you” at the five-member board. Among other issues, protesters said the casino developments would prey on local residents and target an “at-risk community.”

Jack Hu, who took part in Monday’s protest, said the casinos would treat vulnerable local residents as “cash cows” and create problem gambling issues in the local community.

Been pushed back strongly against concerns that the casinos would fuel gambling addiction, stating that the board was “very concerned” about problem gambling in its assessment of each applicant.

The board has estimated that the three projects will generate an anticipated $7 billion in gaming tax revenue between 2027 and 2036 alongside an additional $5.9 billion in other tax revenue, including hotel and sales taxes. Each applicant will also pay $500 million in license fees if they are awarded a license, generating a further $1.5 billion in revenue for the state, Been said.


The license fee adi USD500m. If Akmal adi comes to scold you for opening in KL.
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post Yesterday, 11:00 AM

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QUOTE(plouffle0789 @ Dec 4 2025, 10:35 AM)
How many years of license?
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You’re not Uncle Lim’s relative right? Why are you asking me?
Maybe it’s a yearly renewal thing.
Where do they even get so much money to build all that? It’s super risky to build so many casinos.
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post Yesterday, 12:22 PM

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QUOTE(plouffle0789 @ Dec 4 2025, 12:16 PM)
Casino business is easy business.....
Look at Sands,Wynn,MGM
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You seem very familiar with the top casino companies in the usa. But now he wants to give the business to keung hui. Didn’t give you a bit to manage?

It’s an easy business but there are many competitors there. Uncle lim opened so many very high risk. Is he sure his son can handle it in the future?

 

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