Posts Tagged ‘Business Times’
Vincent Tan to donate RM525m to charity from Ascot sal
Vincent Tan to donate RM525m to charity from Ascot sal
KUALA LUMPUR: Business tycoon Tan Sri Vincent Tan will donate to charity the entire proceeds of RM525 million accrued from the sale of his 70 per cent stake in Ascot Sports Sdn Bhd to BERJAYA CORPORATION BHD [ ], according to Bernama.
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Vincent Tan Donates RM525 Million To Charity From Ascot Sale
KUALA LUMPUR, June 5 (Bernama) — Business tycoon Tan Sri Vincent Tan will donate to charity the entire proceeds of RM525 million accrued from the sale of his 70 per cent stake in Ascot Sports Sdn Bhd to Berjaya Corporation Bhd.
Read more on Bernama
Vincent Tan donates RM525m to charity
Business tycoon Tan Sri Vincent Tan will donate to charity the entire proceeds of RM525 million accrued from the sale of his 70 per cent stake in Ascot Sports Sdn Bhd to Berjaya Corporation Bhd. He is donating the entire proceeds to counter wild allegations made by some quarters that he has been unjustly enriched by the sale of the sports betting entity. Tan said the money would be disbursed by …
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Tags: Allegations, Ascot, Berjaya, Bernama, Business Times, Business Tycoon, Charity, Charity Business, donate, From, Kuala Lumpur, Money, Proceeds, Quarters, RM525m, Sal, Sdn Bhd, Sports Betting, Stake, Vincent | 
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