Fun Posts

Guess Reuters can also get the facts wrong… (i think)…

This article:

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mention that McDonald’s Malaysia is run by Vincent Tan, but fact of the matter, the local franchise has been bought over by Mcdonald’s Corporation in 2006 as per the following article

Quote quote…

He said Golden Arches is now wholly owned by McDonald’s Corporation of USA following an agreement in February that allowed the parent company to buy the remaining interests from the local partners.

Golden Arches was granted the exclusive licence to run McDonald’s restaurants in Malaysia in 1982 and the local partners were Tan Sri Vincent Tan and Mohamed Shah Abdul Kadir, with 26% and 25% stakes, respectively.

Keh keh keh… I am sure its an honest mistake… :p

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