Well, I think this is a rumour. There are nothing to substantiate this and as far as I can see Oldtown is still a public company. Notice, the word "Bought over" and it basically means in control. I think sometimes rumour can be way overdone.
Understand the "nominee" thing, but there are no facts to proof on this. No announcements - nothing. No shares changed hands in large quantities. Anyway, the way these things have been circulating around is a bit too much. Not protecting anyone here...
Subject:: ROSMAH NOW OWNS IPOH OLD TOWN KOPITIAM
Yes, you heard it right. This is no rumour !!Rosmah, ............, has bought over the ubiquitous "Ipoh Old Town White Coffee Kopitiam".Isn't it amazing? First, the big diamond ring, then the posh and unaffordable handbags and now this?Where does she get all the $$$$? Do your maths, guys. Even if her parents started savings when Rosmah was still in her mother's womb and she carried on since a toddler, it will take, like the song says- as long as the 12th of never...Now you get why we have to continue paying North-South Highway tolls even after they have made three folds profit of its capital outlay..Now you understand why Penang Port was awarded to Syed Mokhtar? Why AES was privatized and we have to pay full summon of RM300??Why they coveted but failed to implement the National Medical Insurance scheme ?Why they turned to brain-washing mechanisms such as BTN (Biro Tata Negara) to champion the cause of --------------------Enough said and what are we going to do about it ??Yeah..I heard you loud and clear....START SPREADING THE WORDS....BOYCOTT IPOH OLD TOWN WHITE COFFEE KOPITIAM OR BUST!!!