Tag Archive: Chinese language



SINGAPOREMarina Bay Sands (MBS) is suing five if its premium gamblers for a total of $7.5 million dollars.

All five – two Malaysians, a Chinese national, an Indonesian and a Singapore-based Japanese – are members of MBS’ exclusive club, Paiza.

The Straits Times reported that court papers were filed against each of the alleged debtors over the past two months.

According to these papers, the integrated resport operator had received cheques issued and sign by the five men. MBS had filled in the amounts payable to it.

All the cheques, however, were dishonoured by the various banks, including one in China.

Malaysians Por Boon Chuan and Chock Kok Sui allegedly owe $518,436 and $1.9 million, respectively.

Chinese national, Zhang Dechun, is accused of owing $1.94 million. The Macau-based 49-year-old is president of the Liansheng Group in Fujian province.

Indonesian Husni Muchtar allegedly owes $920,500.

The Straits Times reported that Singapore-based Japanese Takami Shinichi is the only one contesting the case.

His lawyer claims MBS acted as an unlicensed moneylender and hence an outstanding credit of $1,999,324 cannot be recovered.

In June last year Mr Shinichi allegedly placed $300,000 with the casino to qualify as a premium player.

He reportedly started with a $200,000 credit line which was increased to $1 million in February this year.

Two months later he was issued with $2,300,000 worth of chips, at his request.

He also tried to increase his credit to $2 million which MBS granted. It also gave him another $700,000 worth of chips.

Mr Shinichi’s lawyer, Sunil Singh Panoo, is claiming that Mr Shinichi did not qualify as a premium player when he was first issued credit in June last year.

He allegedly did not have the minimum credit balance of $100,000 in his deposit account when he first started to roll.

Mr Singh said that MBS acted as a moneylender under the Moneylenders Act by granting him credit. Hence, as an unlicensed moneylender, the credit cannot be recovered.

The Straits Time reported that Mr Singh had previously argued the same point for Singaporean Lester Ong.

MBS had sued Mr Ong for owing it $241,000. The High Court case against him is pending

Source - AsiaOne

Thursday, Dec 29, 2011

The Marina Bay Sands (MBS) in Singapore is suing five of the casino’s exclusive Paiza Cub members for S$7.5 million (US$5.78 million) over alleged outstanding gambling debts.

The case has been filed in the High Court, against the five high-rollers consisting of two Malaysians, a Chinese man, an Indonesian and a Japanese man.

Takami Shinichi from Japan, who is based in Singapore, allegedly owes S$2 million, Chinese national Zhang Dechun owes s$1.94 million, Indonesian Husni Muchtar owes s$920,500, while Malaysia’s Por Boon Chuan and Chock Kok Sui owe s$518,436 and s$1.9 million respectively.

According to The Straits Times (ST) news report, the premium players’ banks failed to honour the credit guarantee cheques, which were signed by the men.

Of the five men, Takami Shinichi would appear to be the only one currently disputing the lawsuit. Singapore’s Casino Control Act stipulates that casinos can only extend credit to premium players, i.e. those who have placed at least $100,000 with the casino in cash, cheques or chips.

Consequenbtly, Takami Shinichi’s lawyer Sunil Singh Panoo is arguing that his client did not have the minimum S$100,000 credit balance in his deposit account when he started playing. Therefore, he argues, MBS was acting as a moneylender, and since MBS is not a licensed moneylender, the credit owed to them is not recoverable.

Lawyer Sunil Singh Panoo is also involved in a similar case concerning MBS versus Singaporean Lester Ong, over $241,000 in unpaid debts. Once again, Mr Singh is arguing that his client should not have been considered a premium player, with The High Court case still pending.

According to gaming analysts, the credit extended by the casino can be as high as $5 million, with repayment due anywhere between a few months to a whole year.

“Basically, this sets a precedent so the other VIPs know that the casinos are serious about collection,”commented analyst Melvin Boey from Bank of America Merrill Lynch


Colonel Harland Sanders meets a lady competitor in China know as jiapo or Jia’Po meaning Lady in Chinese.

The chain of fried chicken restaurants launched in 2007 in China, called Ji’a’po or, according to The Sun,Sweaty Granny,” have earned the nickname by Chinese onlookers as the “long-lost sister” of the KFC Colonel or maybe his Grandmother.

The term is also used flagrantly for cursing at women “Chuo Jia Po” meaning smelly Lady/Granny.

Despite the striking similarities between the two logos, the State Administration for Industry & Commerce in China says that there is no infringement.
chain of fried chicken restaurants launched in 2007 in China, called Ji'a'po or, according to The Sun, "Sweaty Granny," have earned the nickname by Chinese onlookers as the "long-lost sister" of the KFC Colonel.

chain of fried chicken restaurants launched in 2007 in China, called Ji'a'po or, according to The Sun, "Sweaty Granny," have earned the nickname by Chinese onlookers as the "long-lost sister" of the KFC Colonel.

 
Fake KFC

Fake KFCFake KFC

Blog at WordPress.com. | The Motion Theme.
[ Back to top ]
Follow

Get every new post delivered to your Inbox.

Join 5,354 other followers