Number forecast operators will see their earnings decline about 50% if the green wave sweeps across Penang, Selangor and Negeri Sembilan.
If Penang, Selangor and Negeri Sembilan get swept up by the green wave, the future for the NFOs will be bleak. Should all outlets in Selangor, Penang and Negeri Sembilan be shut down on Jan 1, 2024, Sports Toto will see a 52% drop in earnings while Magnum will suffer a 48% cut. “There may be some remedial measures, such as moving to KL or other states, but that will not completely make up for ,” he said.
HR Owen is a retailer for the Rolls-Royce, Bentley, Ferrari, Aston Martin, Maserati, Lamborghini and Bugatti brands.
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