Jump to content

LRD

Member
  • Posts

    11,233
  • Joined

  • Last visited

Everything posted by LRD

  1. Hire Joe Kinnear as manager. After all, he won three manager of the year awards and signed Krul for us.
  2. Favourite "9" is Cisse for that magical half-season when he joined. Rondon second. Favourite "non-9" is Ba, followed by Remy. Carroll was always going to be another Duncan Fergurson, plagued by injuries due to his playing style. He was never going to be fully fit and lacks the mobility to be a 20-goal striker. Joelinton wins worst "9" hands down.
  3. Singaporean cousins Terence and Nelson Loh behind Newcastle United bid linked to over 30 companies Their newest, Bellagraph Nova, is in the spotlight after reported bid for Newcastle United Tham Yuen-C Singaporean cousins Nelson Loh and Terence Loh have been involved in more than 30 companies between them, as shareholders or directors. One of the newest, the Bellagraph Nova Group (BN Group), is now in the news for its reported bid for Newcastle United Football Club. On its website, BN Group is described as an "established consortium with diverse investment holdings across multiple industries such as healthcare, financial holdings, consumer technology and luxury lifestyle". It says it has "31 entities" and a "combined US$12 billion revenue" and is "headquartered in the glitzy no. 10 Place Vendome, Paris, France". The sum is equivalent to S$16.5 billion. Its registered address, though, is in the decidedly more humble Novena Gardens in Singapore's Thomson Road. The four-storey condominum houses shops, apartments and offices. The group - incorporated as Bellagraph Nova Pte Ltd in Singapore - occupies a nondescript fourth-storey unit with opaque glass doors and a dark blue facade. When The Sunday Times visited yesterday, the office was closed. A wooden crate and cardboard carton sitting outside its doors had labels listing among its contents a "titanium rice intelligent disinfection robot TMiRob". The company is listed in the Accounting and Corporate Regulatory Authority database as a holding company. On its own website, it is described as "the only group in the world to boast an international presence in all major commercial sectors" ranging from healthcare to financial services, technology and media. Little else is known of the BN Group consortium that claims to employ 23,000 people worldwide. Set up on July 20, it was born of a merger between the DORR Group - another company founded by the Loh cousins - and the Bellagraph Group, a company founded by Chinese national Evangeline Shen, 32. Mr Nelson Loh, 40, Mr Terence Loh, 42, and Ms Shen are the only shareholders of Bellagraph Nova Pte Ltd, which was set up with a paid up capital of S$20 million. The Loh cousins, who have often said in interviews that they are as close as brothers, are former bankers with JPMorgan. The company, described on its website as an "established consortium" with "31 entities" and a "combined US$12 billion revenue" is said to be "headquartered in the glitzy no. 10 Place Vendome, Paris, France". Its registered address, though, is in the decidedly more humble Novena Gardens in Singapore's Thomson Road. It has been reported that Mr Terence Loh had studied in the United States, while Mr Nelson Loh had attended Cambridge University. In an interview with The Peak magazine in 2018, they said they had set up DORR Group in 2008 after letting a game of roulette at a Las Vegas casino decide if they should stay with their jobs or strike out on their own. The cousins, said to have grown up in the same family home in Bukit Timah, had revealed at the interview that the name DORR comes from the initials of two characters in their favourite movie, Ocean's 11, about an elaborate heist. And it was at an education benefit fund-raising dinner organised by Novena Global that the cousins were photographed with former American president Barack Obama, whose doctored pictures are said to have been used in marketing material and social media channels of the Bellagraph Nova Group. Mr Obama was invited to speak at the event held on Dec 14 last year at the Ritz Carlton. Guests included tycoons, philanthropists and Malaysian royalty. The cousins have been involved in other investment and holding companies as well as consultancies and real estate companies. One of the companies, the DORR Global Healthcare International Pte Ltd, registered in 2016, has a paid up capital of $50 million. Besides Bellagraph Nova Group, the cousins are linked to Ms Shen, also known as Shen Che, through the company Rock Star Advisors Pte Ltd and Kona Investment Pte Ltd. Ms Shen, who said she is a graduate of Fudan University in Shanghai, was a lawyer from Jinmao LLP in China, which has offices in Beijing and Shanghai, and then an investment banker. Now the chairman of BN Group, she is described on the website as having led multiple ventures across industries. One of them, Bellagraph Jewelry, is described as "an ultra-high luxury Parisian-designed jewelry house renowned for its bespoke investment-grade jewelry". A July 5 press release on the BN Group site claims Bellagraph Jewelry pioneered the "unique strategy" of selling high-end jewelry pieces online. It said it had sold a piece of red diamond jewellery for "a staggering price of US$102 million", and also garnered "over 20 million weekly views online across various social media platforms... which is on par with online views for Apple". https://www.straitstimes.com/sport/cousins-linked-to-over-30-companies?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-08-23%2013%3A08%3A28 Their registered address in Singapore
  4. The cousins' companies are real but I doubt BN is 12bn-real. All those shopped photos and proclaimations about 10k private jets obviously results in a lack of credibility. No idea why they would want to do that to gain some cheap publicity that will damage their brands in the long run.
  5. The other shopped photos are also in their official website. https://www.bellagraphnovagroup.com/
  6. He was being racist. Not sure if he thought I was Chinese as well. Had a bee in my bonnet last night about the whole thing so went on a rant. I don’t believe they are genuine just couldn’t get my head around the whole belief in the photoshopped pictures but hay ho they won’t takeover the toon anyway so who gives a s***. If you look at a couple of the images though, they have been photoshopped. (the one with all three of them standing with Obama, the two fella's have been added in and the background was changed etc.) This image i am talking about. That I agree you can tell 100% it’s photoshopped but other than it being a photo that was tweeted by someone called Tommy I can’t find that actual photo anywhere on the internet. I don’t know why it bothered me I probably just wanted something to cling onto in regards of a takeover but we all seemed to believe in the doctoring of photos due to a photo that only seems to exist on this guys twitter page. Again I don’t think they are genuine and for me they are just looking for publicity. https://photos.prnasia.com/prnh/20200720/2861885-1-a?lang=0
  7. The event was held in Dec 2019. Bellagraph Nova Group was founded just a few months ago.
  8. Still in the information-gathering stage. I have not heard of them even a week ago but they are in the top three mainstream media - ST, CNA in the past 2 days and Zaobao, the top local Chinese language newspaper two years ago. The latter mentions they wanted to maintain low profiles so that could be why we don't read much about them. Avid sports fans, contributes to charities. But then Peter Lim is also that, and I hate for us to be another Valencia. Currently at the "be careful what you wish for" stage. Even if I want Ashley out. That's fine for knowing little about them as individuals, but it doesn't explain why nobody can find out anything about their business. It's pretty hard to run a business without a public profile for it. The same was said about Mauriss - "Oh, maybe he just stays out the limelight" - Fine, but tell me about ClearTV then? Like Howard Hughes was the biggest recluse of all, but everyone knew what Hughes Aircraft Company did, what their product was and had a good idea of their revenues. Well, that too. Which is why I am less than enthusiatic over this takeover story.
  9. Still in the information-gathering stage. I have not heard of them even a week ago but they are in the top three mainstream media - ST, CNA in the past 2 days and Zaobao, the top local Chinese language newspaper two years ago. The latter mentions they wanted to maintain low profiles so that could be why we don't read much about them. Avid sports fans, contributes to charities. But then Peter Lim is also that, and I hate for us to be another Valencia. Currently at the "be careful what you wish for" stage. Even if I want Ashley out.
  10. Google translate. The Secret Worry of Singaporeans: Losing Hungerness——Interview with Luo's cousins ​​who made their way in China From/ Lianhe Zaobao Text/ Wu QingkangPhotography/ Long GuoxiongRelease / February 23, 2018 3:30 AM Luo Milun (left) and Luo Erwei are cousins ​​and nephews of the late Luo Haocai, the former vice chairman of the Chinese People's Political Consultative Conference. 41-year-old Luo Erwei and 39-year-old Luo Milun are cousins. They joined hands to develop in China in the 1990s. The investment company they have opened has reached 5.3 billion yuan. In China, they are marveling at the rapid development of China, and they are also worried about Singaporeans. Luo Erwei said: "The complacency of Singaporeans has become a stumbling block for us to stop; coupled with the fact that Singaporeans may have been comfortable for too long and have lost their hunger, this is a greater worry." Luo Erwei and Luo Milun are also nephews of Luo Haocai, the former vice chairman of the Chinese People's Political Consultative Conference who has just passed away. Luo Haocai, recognized as the pioneer and founder of modern Chinese administrative law, died in Beijing on February 12. The former vice chairman of the Chinese National Committee of the Chinese People's Political Consultative Conference was born in Singapore; the prosperous descendants of the Luo family not only opened their branches in Singapore, but also showed their commercial talents in China. Before going to Beijing to attend the funeral of his uncle, his two nephews Luo Erwei and Luo Milun, who were close to him, recalled his uncle and talked about the way of doing business in China for more than ten years. Relationships are only used at critical moments Luo Milun (right) and Luo Erwei (left) took a photo with Da Bo Luo Haocai. (Provided by interviewee) There are high-ranking officials in China, and the common people's opinion is undoubtedly that having a backer to do things will be smooth sailing. Luo Haocai’s two nephews, Luo Erwei (41) and Luo Milun (39), do not deny it, but they emphasize the importance of going to the countryside and doing things in different countries according to local laws and customs. Use special relationships. For example, Luo Erwei said: “We tried to encounter hooligans who came to destroy when we started a business in China. We chose to negotiate with each other to solve the problem on our own. There was no need to alarm a senior official about this trivial matter. But once I broke my middle finger accidentally. , Brought severed fingers to a hospital in Shanghai for help at four o’clock in the morning. The local medical staff ignored them and didn’t give first aid in time. I urgently called the uncle in Beijing, but the dean personally arrived within 45 minutes. I arrange the operation to connect the severed fingers. It is a very moment, and I will only use the relationship at such a critical time." The two confessed that due to the high sensitivity of the Luo family's background, they are very low-key locally and even in Singapore, but even so, their business partners in China have long known their bottom line. Because of this, the two brothers must be extremely cautious in everything, not to make mistakes, and avoid appearing in social situations, so as not to cause gossip and drag down the family. Luo Mirren said: "I don't think our background has a great advantage in doing business in China. The most important thing about doing things is ability." To a certain extent, this background may cause pressure for them. Luo Erwei believes that as long as you follow the rules, you don't have to worry. "The so-called one mountain has one high mountain. Others think we have a backing, but there are too many children of high-ranking cadres in China, and we are nothing. Luo Erwei and his cousin Luo Milun, who used to hold senior positions at JPMorgan Chase, went to China in the 1990s to break into the world. The Chinese market is no stranger to them. The Luo family has been doing business in China for a long time, and is the largest automobile agent in Fujian Province, and also deals in real estate development. Although he worked hard in the financial industry in his early years, his cousins, who grew up together since childhood, were inclined to China very early. With the knowledge accumulated in the financial industry, they understand China's unlimited potential and it is a matter of time before China develops. 5.3 billion yuan investment company Luo Mirren, who is also the talented son of Luo Hao, said frankly that it was not too late or too early for them to set foot in China. It was just right to avoid the unfamiliar place of life in the 1980s, and it was not until today that they entered the already crowded Chinese market. Luo Milun, who graduated from Central China, Early China, and Cambridge University in the United Kingdom, worked at JPMorgan Chase for ten years, from London, New York, Hong Kong, to Singapore, often traveled to mainland China to raise funds for the listing of different companies, and accumulated financial Experience is very useful in China. He said: "My cousin Luo Erwei first came to China for many years. I have a better understanding of the local market. We all have a financial background. We are familiar with investment. After China joined the WTO in 2000, we saw a lot of business opportunities. Therefore, the establishment capital was about For the 10 million-dollar Dorr Group, our model is to buy shares in various promising companies, grow them steadily, and then sell them at an appropriate time." The first pot of gold for the cousins ​​came from a real estate project in the development of western China. At that time, people were keen on residential projects, not very strong in the concept of commercial real estate. They talked about the project at a very low price and moved into the transformation operation. Luo Erwei revealed that later this project was listed in Singapore, with a return of more than 100 times, becoming their first pot of gold. Over the years, the two cousins’ investment company capital has reached US$4 billion (approximately S$5.3 billion). They were once the world’s largest outdoor advertising company Focus Media, one of China’s largest bridal shops, and the new media company Meili Talk. The second largest shareholder of China, the investment amount is set at 10 million yuan, which is very impressive. Luo Mirren said: "Our plan is to become the company's second largest shareholder before we can do anything. Facts have proved that our strategy in recent years is in line with China's five-year plan and national policies, such as the past few five years. The focus of the annual plan is on energy and real estate, and we will follow the general trend." However, their investment has not been smooth sailing. For example, their investment in the Fields online supermarket ended in failure. They underestimated the logistics cost of food, coupled with problems with the management team, lost a lot. In their investment field, the car is very important. Luo Erwei, who graduated from Santa Clara University in California and majored in English Literature, first entered the Chinese market 18 years ago. At first, he worked as a part-time job for the car rental company Hertz, and then returned to Asia to be stationed in Beijing to explore the Chinese market. After the Chinese market, he opened his own car agency. Later, they invested in the agency rights of Porsche, BMW, Ferrari, and Mini brands. They made a lot of profits, and they distributed in more than 20 major cities in China and acquired several car dealers at the same time. Facts have proved that the Roche brothers have caught up with a golden age and are now one of the three largest BMW dealers in China; they have expanded this territory to Harbin and represented the Porsche brand in the local area. Worry for Singaporeans Luo Mirren (right) invited former British Prime Minister Cameron to attend a forum in China last year as the vice president of the China-Korea Youth Leaders Association. (Provided by interviewee) China is growing stronger and the Luo brothers are fortunate to have the opportunity to board this huge ship sailing to the world. In the years when China has been in the world, they watched the rapid progress of China, and were amazed and worried for Singaporeans. Luo Erwei said: "In the past, when we came to China, we would have a sense of superiority. We feel that we have a high education, speak English, and have a good living environment. Now the environment is very different. China has surpassed us in all aspects. Do you say that we are bilingual? In Chinese English There are more people who speak better than us, and Chinese are even better. We have lost the advantage we once had." Luo Milun said frankly that when he set up a company in China, he only wanted to hire Singaporeans and felt that the cost of communication was low. However, in the past seven or eight years, Chinese people have made great strides in their learning ability. In an increasingly competitive environment, they have been forced to show amazing learning ability and soon surpassed Singaporeans. Luo Erwei said: "Singaporeans are getting more and more difficult to localize. They are used to being comfortable and can't afford to suffer. Now I don't want to invite Singaporeans at all. The complacency of Singaporeans has become the biggest stumbling block for us. Plus Singaporeans may be comfortable. It’s been too long to lose hunger. This is a greater worry." Luo Mirren also lamented that there are still many Singaporeans who still feel great and still proud of not speaking Chinese. He frankly said that comparing China and Singapore, the differences in the way the people of the two countries deal with and deal with matters further highlights Singapore's disadvantage. Luo Milun gave an example: "You ask Singapore children what they want to do when they grow up. Their answer is still what we used to hear before. They should be doctors, lawyers, or ministers. But the concept of Chinese children is very broad. , Their answer is to create products that can change the world." This is China today. Enter the mid-range medical beauty industry In addition to the investment company formed in China, the two also entered the medical beauty industry in 2010, providing beauty and medical services to the mass market at low prices. Luo Mirren said: "We will start from Singapore to create an international Singapore brand. A few years ago, we acquired a PPP (Pimples Pores Pigmentation) laser clinic that was originally a luxury consumer project and turned it into a mid-range medical beauty. The concept project was promoted to consumers with a subversive concept. In order to have a brand new start, the company changed its name to Novu." Xinfu has opened 20 stores locally and has more than 50 locations in various cities in China. South Korea, Vietnam, Kuala Lumpur and Jakarta have also opened stores. The latest location is Spain, and plans to open 2,000 stores in major cities around the world within five years stronghold. This medical cosmetology project can take shape, mainly because they invested in an cosmetology medical machinery company in South Korea a few years ago and discovered that the cost of cosmetology and medical treatment mainly lies in machinery. So they acquired this beauty and medical machinery company, produced their own machinery and equipment, and "replicated" a large number of cheap beauty and medical services, from laser spot removal to face shaping, from slimming to whitening, which originally charged hundreds to thousands of yuan. Beauty services, under their brand-new business model, can be enjoyed for tens of yuan. They invested 40 million yuan in this subversive cosmetic medical model, which was favored by Harvard University in the United States as a teaching material; and in 2016, they won the Yongan Fudan China Most Potential Enterprise Award, which is the first time a local company has won this award. Establishment of the Luo Haocai Cambridge Scholarship Luo Milun and Luo Erwei will be in Beijing tomorrow (February 24) to attend the high-level funeral of the big boss Luo Haocai. Speaking of the uncle and godfather, Luo Mirren revealed: "The Luo family has many members. Grandpa has three wives and each grandma has more than 10 children. The uncle is the eldest son of the grandma, and I am the youngest son of the grandma. The child, perhaps because of this, and the uncle has only daughters and no sons, so he was regarded as godson by the uncle." Luo Mirren said that what his godfather admired most was that when he was only 17 years old at Huaqiao Middle School, he was imprisoned by the Singaporean colonial authorities for more than a year when he was a student in the struggle against British colonial rule, and he was deported after losing his birth certificate. , Went to China alone; with firm perseverance, stood up again and made brilliant achievements in law. "My godfather is very concerned about human rights issues, and he is also very concerned about the lives of overseas students. He actively creates conditions to attract them to return to China to start businesses and serve the country. This alone is very respected. He has taught me countless principles in life. Among them The most useful thing is that you have to be principled, as long as you think it’s right, don’t be afraid of doing it wrong." When Luo Erwei first came to China more than ten years ago, he was also taken care of by his uncle. Many interactions between him and his uncle have been established since then. "Uncle treats people with public and private matters, and his status in China is so high that I am in awe. Uncle is the highest official in Fujian. Once we returned to our hometown with him, we were escorted by the armed police along the way. We are extremely honored to have such an elder. ." Over the years, Luo Milun and Luo Erwei have achieved success in their careers, and they have not forgotten to give back to the society, paying particular attention to education. They have contributed a lot to Hope Primary School in China, building several schools, and planning to build several PCF (PAP Community Foundation, People's Action Party Community Foundation) kindergartens locally. In order to commemorate the great scholar Luo Haocai, the Cambridge University scholarship they originally planned to establish this year will be named after the "Luo Haocai Cambridge Scholarship." Singapore student. Luo Mirren said: "My godfather has devoted his life to law teaching and is very concerned about education. I am an alumnus of Cambridge University. The establishment of the'Luo Haocai Cambridge Scholarship' is the most appropriate and meaningful tribute to my godfather." https://www.zaobao.com.sg/zlifestyle/powerup/story20180223-837312
  11. Updated to 10 Aug. Yes, my bad on the date. You stay in Singapore? Yup, Singaporean.
  12. Made the local news. Football: Singaporean businessmen Terence and Nelson Loh in takeover bid for Newcastle United SINGAPORE - Ten years after Singaporean billionaire Peter Lim made an ambitious attempt to buy English Premier League (EPL) giants Liverpool, local entrepreneurs Terence Loh and Nelson Loh are now spearheading a bid to take over another English club, Newcastle United. The cousins are co-founders of Bellagraph Nova (BN) Group - along with Ms Evangeline Shen - which owns over 30 entities across 100 countries in major business fields, including finance, sports, healthcare, luxury goods, entertainment and robotics. The Paris-based firm is worth an estimated US$12 billion ($15.6 billion). In a statement to the media, BN Group confirmed on Saturday (Aug 15) that its co-founders "are at an advanced stage of negotiation" for the takeover, having already provided a letter of intent and proof of funds last Monday. It added that its co-founders are "willing to massively contribute to the development of the club through their solid and international structure and a combined business/sport devoting mindset". The BN Group has also engaged Newcastle legend and former England captain Alan Shearer and former Magpies forward Michael Chopra to back their bid. Citing "confidentiality given the highly sensitive nature of the transaction", a representative declined further comment when contacted by The Straits Times. Previously investment bankers at JP Morgan, the Loh cousins are known to be keen sports fans, having sponsored local professional race driver Yuey Tan, the national muay thai team, and the St Michael's Soccer Association. If BN Group's bid gets the green light, the Lohs will be the first Singaporeans to own an EPL club. Lim, who now owns Spanish La Liga side Valencia, saw his takeover attempt for Liverpool falling through in 2010, while Singaporean businessman Bill Ng had offered to buy Scottish Premier League side Rangers in 2012, but eventually withdrew his offer. Founded in 1892, Newcastle are a strongly supported club that have won four first division/League titles and six FA Cups. The Magpies finished 13th in the 2019-2020 season. BN Group's interest provides Newcastle owner Mike Ashley with an alternative after a £300 million (S$538.2 million) bid funded by Saudi Arabia's Public Investment Fund fell through. English Premier League chief executive Richard Masters said the proposed takeover collapsed after the group declined to take up the Premier League's offer of independent arbitration to decide who would own the club. Newcastle fan Terence Ong, 34, called the takeover bid by the Lohs "a potential breath of fresh air after 13 horrible years with Mike Ashley", citing the owner's concern about the bottom line and "lack of ambition". "Although finances matter, football cannot be run like a business and I hope the new owners realise that and engage the fans better, considering that successful teams always manage to get fans on their side," said the Singaporean, who works as a marketing manager. "The nationality of the prospective owners doesn't really matter. As long as they can prove their credentials and show they have the best interest of the club at heart, it is something worth considering. Of course, if having Singaporean owners means the team will have more of a presence here, that is also good for the Newcastle fan base here." https://www.straitstimes.com/sport/football/football-singaporean-businessmen-terence-and-nelson-loh-in-takeover-bid-for-newcastle?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-08-16%2019%3A08%3A17
  13. Was giving football up until a great World Cup and Rafa's last season drew me back in. Didn't watch many football games after Rafa left but the takeover gave me a bit of hope. With hope gone and 13 years of Ashley and running, it has effectively killed off any remaining interest in the game. This has been a few seasons coming though, and I suspect I will relish going back to pretty much getting football off my mind. If the club ain't trying, I'm not wasting my time on them.
  14. LRD

    Sunderland

    Never get tired of Methven. How does he actually exist. The stadium music. The push for a record crowd. Talking about the team in public. The dynamic duo partnership with Stewart. Amateurs.
  15. We finished strongly under Rafa last season. This is relegation form. I'm sure Bruce won't be making any excuses though.
  16. LRD

    Sunderland

    Just done the two seasons of Sunderland Til I Die and it's amazing how mismanaged they are. Don Stewart and Methven are ridiculous. Spending a record League One transfer fee on Griggs who can't score for them and is now regreting the move from Wigan.
×
×
  • Create New...