CHAPTER 1865: CHAPTER 1690: RIDICULOUS “WISHFUL THINKING”

As the words fell.

Everyone saw two vertical charts appear before them.

The Vice President said:

"We will display the subscription shares of each enterprise in real time based on your subscription tables, represented by blue bars. If the total subscription exceeds the total value of the enterprise, it will turn into a red bar."

Seeing this chart.

Everyone nodded.

Not bad.

Professional.

Visualization, very convenient.

Then.

The first round of confirmation began. The rules are relatively simple: if the total subscription of an enterprise is below the valuation, it is considered matchable. If above, the subscribers need to discuss among themselves.

Why does it take time?

This is where it lies.

Everyone has interests to pursue, coordinating the interests of these over a hundred people takes several days at least. Furthermore, corporate mergers are just one aspect, some industries, according to Sky Eye, are not recommended for mergers.

Instead, invest in new constructions.

In distribution.

There will be another round of competition.

Afterwards.

A document needs to be formed and submitted to the Myanmar Bank Group for approval. If it does not pass, this will be another topic of discussion. At this pace, it will not be fully confirmed until the end of August.

All right.

Even if the loan is approved.

If a problem arises during the acquisition.

For example.

The other party suddenly raises the price or if there’s outside competition, many issues will emerge, thus this order is enough to keep Sky Eye busy until the end of the year. The total commission is not expected to exceed one billion if it’s not troublesome.

...

Study.

"Uncle Kai, are you serious?"

Looking at Tang Kai’s form, Chai Ren couldn’t help but be a bit surprised. Tang Kai’s business mainly involved jewelry, travel, construction, automobiles, and core components for electric cars, such as batteries, motor factories, etc.

However.

The highest subscription from Tang Kai turned out to be a shipping company.

Nearly a hundred billion Asia Dollars.

Honestly.

Are you sure the Myanmar Bank Group can approve this? The range given is fifty to two hundred billion, and you used half of it on one project, moreover, it’s a heavy asset shipping company.

"Of course."

Tang Kai nodded.

"Why?"

"To expand import scale, don’t you need ships for transportation?" Tang Kai said as if it were a matter of course,

However.

This point.

Chai Ren couldn’t overlook, but you also have to look at the current international trade environment, even if Myanmar increases its import ratio, how much can it possibly amount to? This company is also several billion in debt.

Financial crisis.

Foreign trade recession.

These are things Chai Ren is aware of as well, the same applies to Huaxia, otherwise, he wouldn’t have his dad convey instructions from the upper class, asking him to tell Sky Eye to favor Huaxia enterprises a bit and attract more investments.

"..."

This logic.

Chai Ren couldn’t understand for a moment.

At this juncture.

Tang Kai smiled.

He uttered a phrase.

"Hummingbird Commercial Storage."

Instantly.

Chai Ren understood, it wasn’t impulsive but planned. Just as expected, with Uncle Kai having Sky Eye as a strategic advisor and Tang Qing as the wealthiest nephew, how could it be a losing business?

Hummingbird Commercial Storage.

The project was initiated more than half a year ago but hasn’t surfaced yet.

However.

Tang Qing once said, Hummingbird aims to do global business, therefore, future global expansion will inevitably generate a massive international shipping demand, investing in maritime shipping is only logical.

Previously.

He had heard of Hummingbird Commercial Storage having plans to invest in maritime shipping.

However.

There had been no movement, he thought Tang Qing had invested almost all the fundraised money from Ali and loans from ICBC into warehousing and land transport, leaving funds to live on, putting maritime shipping on hold for the time being.

Unexpectedly.

Tang Kai stepped in as a major assist.

This way.

Tang Qing can save a lot of money.

"Will the Myanmar Bank Group agree?"

Chai Ren was uncertain.

One hundred billion.

To buy a company with tens of billions in debt.

It’s truly crazy!

"Uncertain, but it’s worth a try. Maritime shipping also touches on import and export, right?" Tang Kai smiled, this project wasn’t suggested by Tang Qing but was his idea to help his nephew.

Counting Tang Qing’s industries.

The biggest pit is Hummingbird Commercial Storage, even hundreds of billions wouldn’t be enough to fill it, by investing in a maritime shipping company, in the future, if Hummingbird Commercial Storage expands, it could help Tang Qing by saving on transportation costs.

Saving a little each time.

Adds up to a lot.

His own company.

Also at ease.

If Hummingbird Commercial Storage succeeds, it would be a win-win result. He showed it to Tang Qing, who said it’s worth a try, fifty-fifty chance, which is already high, Tang Kai decided to place a heavy bet immediately.

"Okay, it seems you’ve made up your mind."

Chai Ren nodded.

This is to support the family.

Understood.

...

In the villa’s front yard.

Tang Qing was reading under the sunshade, feeling somewhat surprised by Uncle’s investment in maritime shipping. But since he wants to do it, he supports it; in the future, Hummingbird Commercial Storage indeed will need reliable maritime shipping.

This kind of heavy asset industry.

Is still in debt.

There shouldn’t be many contenders.

Chamber members all want industries with relatively quick returns, maritime shipping is indeed too heavy, heavy to the point where ordinary entrepreneurs can’t afford it, just the tens of billions of debt alone is enough to scare people off.

These days.

Many have known that Sky Eye has taken a big contract.

And have been coming by the droves.

Seeking cooperation.

Cooperate what?

Of course, it’s to get a piece of the pie, not to share Sky Eye’s money, but to join Sky Eye’s ’recommended list,’ only the enterprises on this list will be recommended to the Chamber members.

Their plan is obvious---offering you rebates, repeatedly assuring there are no problems with the companies, presenting a stack of documents.

However.

How could Tang Qing grant their wishes?

Dare to take our money!

And come to collaborate with me, truly the "abacus" is wishful thinking, as if Sky Eye only has internet-searching personnel and formal intelligence-gathering channels!

Ridiculous.

I dare to do business worldwide.

And these petty tricks will fool me?

Guaranteed ’no problem’?

The real meaning is: problems up and down.

In non-developed countries, information is hard to acquire, even if painstakingly obtained, there are many errors, and personally verifying doesn’t guarantee truthful responses either.

Too many mines hidden within.

- Financial fraud.

- Overvalued estimates.

- Concealed debts.

- Creditor disputes.

- Guarantee disputes.

- Illegal history.

- Management issues.

- Employee issues.

- Equity issues.

...

Counting them down.

Traps in merges are everywhere, almost no perfect acquisition, too many issues to address and inspect, and those people think Sky Eye can’t investigate so thoroughly.

Many aren’t public information.

Or rather.

Known to only a few like the boss.

Not taking over.

Hard to understand.

Once taken over, issues pop up one by one, ten acquisitions, ten containing one of the above problems, without exception, Sky Eye mainly ensures avoiding explosive and lethal mines.

To this end.

This month.

Sky Eye fired nearly thirty investigators from various countries, the information they provided was inaccurate, Tang Qing understood, would not care. Because he has other intelligence sources, doesn’t completely rely on them.

However.

Colluding with external thieves.

This is what Tang Qing cannot tolerate.