'We want to be the changemakers': An insight into Terence and Nelson Loh as their BN Group eye Newcastle United
Terence and Nelson Loh are not your typical businessmen.
They pride themselves on doing things differently, on taking risks and diversifying into untapped industries.
So why, then, are they taking an interest in Newcastle United?
As revealed by the Gazette, the Far East investors have held discussions over a takeover of the Tynesiders.
The cousins are both avid sportsmen, and see the societal – as well as financial – benefits of investing in sport.
In a 2019 interview with Robb Report, Nelson Loh said: “Being avid sportsmen ourselves from a young age, we know that sports provides a connective platform that binds people from different backgrounds and any age together.
"What matters most in sports is the values it carries – such as persistence, resilience, determination, teamwork and respect.”
At the heart of everything the Loh cousins do is a desire to ‘give back’ where possible.
This explains their heavy investment in the education and healthcare industries – plus why they established the Loh Foundation – and could be a major factor in their decision to eye the Magpies.
Terence Loh said: “Corporate social responsibility is something that international investors look for in a company, and we definitely see this as a way of differentiating ourselves from everyone else.
"The more important thing is [we are] not [taking on projects] for the sake of doing it, but because it is truly something we believe in
“We know we have been fortunate in our lives,” he continued.
"But through school or current work, we have had friends and people we know that need help, and that has left a stamp to give back when we can.
"As individuals who love challenges and breaking conventions in our business ventures, we have seen how helping others can create significant shifts in society as a whole. This motivates us further and for selfish reasons, gives us a sense of gratification when a need is met.”
"We want to be the changemakers levelling the playing field, and to provide more opportunities and platforms for the next generation to be empowered and to shine.”