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5 Singapore businesses acquired by French luxury group LVMH

i had no idea LVMH is in the business of acquiring shitty businesses,is ho jinx board member of the LVMH?
 
i noticed established businesses nowadays either get buy out by bigger companies or they close their shop.
 
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from how i observe the sinkie economy structure, either you get spotted by Eduardo Saverin, sell off later or you just quietly disappear into thin air like those HDB shops and stallholders who have to pay exorbitant rental. there won't be any more sim wong hoo, no more...our current era is different from his start-up era.

It's all about rent collection and franchising. ;)
 
Amazing for such a small place, managed to sold $50 million of liquor.

French luxury group buys Ku De Ta club

The club pulled in almost $50 million in revenue and more than $10 million in profit last year, he said, adding that he hoped to grow revenue to about $200 million in four years.
 
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