TAN SELLING OFF SOME 7-ELEVEN STORES

Tan seems to be selling some stuff off, and trying to rise money on the Malaysia stock market as we know.

Nothing wrong with that Just hope he does not need the money. WHEN will loans be turned into shares.

As don't want him to up a leave putting us in shit like sam did, owing millions of pounds.

Anyone know when the loans will be turned into shares, deal with sam any closer?

His E-Cosway store got shut down in St Davids

Short on money lol

Its part of his plan of giving half of his wealth away to charity. He can hardly give them shops lol

well hope he does not ask for loan back to give away as well. Never said he had know money, But it is clear he is trying to rise cash, or why sell up

"We will consider. We are looking at several options to raise money to pay the banks. I have invested so much, so now I need to raise some money. Listing is one of the options. Nothing firm or definite yet," he said on Tuesday.

Tan is selling a few businesses which ARE NOT PROFITABLE! as any self made billionaire would do. Simples.

Tan is selling a few businesses which ARE NOT PROFITABLE! as any self made billionaire would do. Simples.

Why doesn't he use that huge mastermind you've credited him with and make them businesses profitable? ............................Unless your man doesn't have time or nous and needs reddies fast.....

Tan is selling a few businesses which ARE NOT PROFITABLE! as any self made billionaire would do. Simples.

Why doesn't he use that huge mastermind you've credited him with and make them businesses profitable? ............................Unless your man doesn't have time or nous and needs reddies fast.....

I did not at any time accuse him of being a mastermind, maybe he is just lucky! But whichever it is you dont make money by keeping unprofitable parts of an Empire.

He is retiring.

He has already stood down from his major business as chair of the Beraja Group and is now liquidating his shares in a few businesses in an attempt to look philanthropis by giving loads of his personal wealth to charity.

Cardiff City is his retirement hobby.

People can question a lot of things he has done but somehow I dont think he needs business tips

Tan is selling a few businesses which ARE NOT PROFITABLE! as any self made billionaire would do. Simples.

Why doesn't he use that huge mastermind you've credited him with and make them businesses profitable? ............................Unless your man doesn't have time or nous and needs reddies fast.....

I did not at any time accuse him of being a mastermind, maybe he is just lucky! But whichever it is you dont make money by keeping unprofitable parts of an Empire.

Ah yes that famous lucky red again.


You make money by making a profit. something he failed to do with this group of stores. Perhaps they just weren't stocking enough red.

A quick check on the net shows that Tan owns the 7-Eleven stores as part of his own private investment and he is looking to sell up to 49% of the shares. If they sell the company will be valued at $800million

So he is keeping over half the company and cashin in about $400million. Nice work if you can get it.

A quick check on the net shows that Tan owns the 7-Eleven stores as part of his own private investment and he is looking to sell up to 49% of the shares. If they sell the company will be valued at $800million

So he is keeping over half the company and cashin in about $400million. Nice work if you can get it.

Why hasn't he made the business profitable before selling?After all he's a very clever business man etc etc etc

A quick check on the net shows that Tan owns the 7-Eleven stores as part of his own private investment and he is looking to sell up to 49% of the shares. If they sell the company will be valued at $800million

So he is keeping over half the company and cashin in about $400million. Nice work if you can get it.

Why hasn't he made the business profitable before selling?After all he's a very clever business man etc etc etc

Who said it wasn't profitable?

"7-Eleven is a cash cow for Berjaya Retail. In the fiscal year 2010, the 24-hour convenience store operator earned around RM1.31 billion in revenue and RM36.7 million in net profit."

http://www.btimes.com.my/Current_News/B ... z2VSCF7aXY

A quick check on the net shows that Tan owns the 7-Eleven stores as part of his own private investment and he is looking to sell up to 49% of the shares. If they sell the company will be valued at $800million

So he is keeping over half the company and cashin in about $400million. Nice work if you can get it.

Why hasn't he made the business profitable before selling?After all he's a very clever business man etc etc etc

Who said it wasn't profitable?

"7-Eleven is a cash cow for Berjaya Retail. In the fiscal year 2010, the 24-hour convenience store operator earned around RM1.31 billion in revenue and RM36.7 million in net profit."

So why is he selling a profitable business unless he needs money fast?
http://www.btimes.com.my/Current_News/B ... z2VSCF7aXY

A quick check on the net shows that Tan owns the 7-Eleven stores as part of his own private investment and he is looking to sell up to 49% of the shares. If they sell the company will be valued at $800million

So he is keeping over half the company and cashin in about $400million. Nice work if you can get it.

Why hasn't he made the business profitable before selling?After all he's a very clever business man etc etc etc

Who said it wasn't profitable?

"7-Eleven is a cash cow for Berjaya Retail. In the fiscal year 2010, the 24-hour convenience store operator earned around RM1.31 billion in revenue and RM36.7 million in net profit."

So why is he selling a profitable business unless he needs money fast?
http://www.btimes.com.my/Current_News/B ... z2VSCF7aXY

Read further up, he going into retirement and is giving part of his personal wealth to charity.

So he's not raising money for other non charitable projects?

So he's not raising money for other non charitable projects?

Yeah, you've lost me now.

Don't think anyone has mentioned that he is raising money for non charitable projects.

So he's not raising money for other non charitable projects?

Yeah, you've lost me now.

Don't think anyone has mentioned that he is raising money for non charitable projects.

He is rasing money, but do you know what for? As this would help determine the nature of the firesale. cheers

So he's not raising money for other non charitable projects?

Yeah, you've lost me now.

Don't think anyone has mentioned that he is raising money for non charitable projects.

He is rasing money, but do you know what for? As this would help determine the nature of the firesale. cheers

Now I know you're on the wind up.

I've already said that he is selling shares to get money for his retirement and to give to charity. He hasn't told me personally, it's just what is written on open source information in the press and on the net.

Tan is selling a few businesses which ARE NOT PROFITABLE! as any self made billionaire would do. Simples.

Why doesn't he use that huge mastermind you've credited him with and make them businesses profitable? ............................Unless your man doesn't have time or nous and needs reddies fast.....

Well he must have some talent for making money as his origins are working class within humble surroundings a little like you and me really! only difference as it seems from through some sheer fluke and no masterclass busness skills he managed to become a dollar billionaire and probably has enough loose change in his high waisters to buy you and your entire families assets

So he's not raising money for other non charitable projects?

Yeah, you've lost me now.

Don't think anyone has mentioned that he is raising money for non charitable projects.

He is rasing money, but do you know what for? As this would help determine the nature of the firesale. cheers

Now I know you're on the wind up.

I've already said that he is selling shares to get money for his retirement and to give to charity. He hasn't told me personally, it's just what is written on open source information in the press and on the net.

He hasn't told you personally, yet you attribute it to his retirement, which is yet another positive spin on a story you know very little about. try and forget his money for a minute. and be a bit more objective.

I would just like to remind you of the size of the shopping mall (with an internal theme park including it) he is building in China!

If you still aren't aware of it, google it! Perhaps he's run out of bricks?

So he's not raising money for other non charitable projects?

Yeah, you've lost me now.

Don't think anyone has mentioned that he is raising money for non charitable projects.

He is rasing money, but do you know what for? As this would help determine the nature of the firesale. cheers

Now I know you're on the wind up.

I've already said that he is selling shares to get money for his retirement and to give to charity. He hasn't told me personally, it's just what is written on open source information in the press and on the net.

He hasn't told you personally, yet you attribute it to his retirement, which is yet another positive spin on a story you know very little about. try and forget his money for a minute. and be a bit more objective.

Who is this loser to question tans business nouse, the guy is a billionaire for fuk sake, bet you havnt got 2 pence to rub togetha u bum

So he's not raising money for other non charitable projects?

Yeah, you've lost me now.

Don't think anyone has mentioned that he is raising money for non charitable projects.

He is rasing money, but do you know what for? As this would help determine the nature of the firesale. cheers

Now I know you're on the wind up.

I've already said that he is selling shares to get money for his retirement and to give to charity. He hasn't told me personally, it's just what is written on open source information in the press and on the net.

He hasn't told you personally, yet you attribute it to his retirement, which is yet another positive spin on a story you know very little about. try and forget his money for a minute. and be a bit more objective.

Who is this loser to question tans business nouse, the guy is a billionaire for fuk sake, bet you havnt got 2 pence to rub togetha u bum

Keep bowing down to the rich because they are rich and you'll never ever learn to spell nous.

His E-Cosway store got shut down in St Davids

It simply didn't 'take off' there, so no point in keeping it open. However, all their stuff (and some of it is pretty good) is still available on-line