Or just good for VT
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https://twitter.com/paulabbandonato/...LhmySD2aRt-GNg
Apparently, Vincent Tan's business empire has had a significant upturn, his leisure industry having been hit so badly during/post the pandemic. Things are apparently rocketing for him again. This can only be good news for Cardiff City
Or just good for VT
Strange comment to make with no context. It's almost as if it has been poorly researched or more likely given the general standard of journalism in the UK not researched.
FWIW Berjaya Corp (very much the main component of VTs wealth) still trades at a massive discount to its stated Balance Sheet value with a market cap of around £300m and the most recent trading statements showed revenues at a disappointing 3% up year-on-year. The only positive note is that they have just disposed of a subsidiary for around £120m. It remains to be seen if this is just a cash positive transaction as it has not been revealed as yet what the business valuation was in Berjaya's books.