A ‘sweetheart’ deal


WE refer to your article Is Berjaya paying too much for Ascot stake? (StarBiz, May 17, 2010). Please allow us to provide some clarification.

Some have estimated it as high as RM20bil basing on logical assumptions like comparing bets as a percentage of gross domestic product of Hong Kong and Singapore where sports betting has been legalised for a number of years.

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