Two days later, Ma Tengdong handed over the investigation report of Minghong Toy Manufacturing facility to Xia Yu.

After studying it, Xia Yu raised his brows. Evidently Minghong Toy Manufacturing facility’s acquisition worth is just not dangerous!

The land of the Minghong Toy Manufacturing facility is its personal, and the machine has simply been up to date, and it’s making ready to take it on a big scale, however I didn’t count on it to be pitted by the Yankees.

Now the Minghong Toy Manufacturing facility is in a quagmire. The toys produced can’t be bought beneath squeeze. All the manufacturing facility has ceased operation, and the banks are frantically accumulating money owed once they see the state of affairs.

The proprietor of Minghong Toy Manufacturing facility has already deliberate to cease the loss and withdraw, as a result of if it continues like this, it would go bankrupt ultimately, after which there shall be nothing. It’s higher to confess the plant and discover a strategy to cease the loss and get some a reimbursement.

All the Minghong Toy Manufacturing facility, together with land, plant and equipment, has whole belongings of about 5 million Hong Kong {dollars}, of which land belongings account for the overwhelming majority. Nonetheless, it owes a complete of 4 million Hong Kong {dollars} in debt to the financial institution, and its web belongings are only one million Hong Kong {dollars}. , And now I nonetheless owe 158 workers a month’s wages.

If the delay continues, the financial institution’s rate of interest will get larger and better, and its belongings will shrink daily. When that point comes chapter and liquidation, you’ll not get a dime.

“On this approach, the acquisition worth of Minghong Toy Manufacturing facility is sweet!”

Xia Yu murmured with a smile after studying it.

“Sure, boss, I’ve requested folks to research it. It’s certainly appropriate for acquisition, and the worth is just not very excessive. The value is unquestionably decrease than a million Hong Kong {dollars}. The acquisition worth is small and the impact is fast.”

Ma Tengdong nodded in settlement and stated.

The acquisition of Minghong Toy Manufacturing facility is totally benefiting from the fireplace. On the one hand, they induced the fireplace, and alternatively, the financial institution launched it.

Banks are cold-faced and ruthless. They prefer to squeeze laborious when others usually are not in need of cash, and fall into hassle when others are in hassle.

However so long as Minghong Toy Manufacturing facility is acquired by Jiuding Animation Co., Ltd., the financial institution debt collectors will certainly flip round and depart instantly, and perhaps even count on Jiuding Animation Co., Ltd. to borrow extra.

In any case, the backing of Jiuding Animation Co., Ltd. is just too laborious, and it’s completely not possible to not have the ability to repay their financial institution cash.

“Then go purchase it, will probably be acquired inside 4 days.”

Xia Yu decided straight, if there may be any omission or not, is it silly? What’s extra, many of the belongings are land, and now you purchase it and earn it.

“Understood, I will make preparations later.”

Ma Tengdong nodded instantly.

…

Once I got here to Jiuding Newspaper, I simply sat down and noticed Yan Wenhan approaching him with an odd expression.

Xia Yu raised his brows barely, seemed on the newspaper in Yan Wenhan’s hand, and requested softly: “What’s mistaken?”

“Boss, look, the “Sing Tao Each day” has been revised, and the Sing Tao Information Company has been activated.”

Yan Wenhan handed the newspaper to Xia Yu and defined.

Xia Yu was shocked now. Evidently it hasn’t been a month since I realized that Sing Tao Information Group goes to construct a information company. Will it’s put into use so quickly?

Are you joking?

We should know that with Xia Yu’s management, and after investing large sources, Jiuding Information Company additionally took two months to construct it efficiently. Is Sing Tao Information Group higher than him?

Xia Yu completely did not consider it. If he had this capability, would he nonetheless be defeated by Jiuding Newspaper Firm?

Unable to determine it out, he instantly took the newspaper that Yan Wenhan handed over, and began to browse it, and located that the “Sing Tao Each day” had certainly been revised, with extra worldwide information sections, and the part accounted for almost one-third of the house. One lot.

Under these information, it’s uniformly marked that the information comes from the Sing Tao Information Company, or some information quotes “based on Sing Tao Information Company information…” firstly.

Simply taking a look at it once more, Xia Yu stretched his brows, after which shortly checked out different information, he discovered that the extent of heavyweight of those information was considerably uneven, and the extent of reports writing was a lot worse than that of Jiuding Information Company.

Seeing the top, Xia Yu retracted his gaze, the nook of his mouth curled up, not figuring out whether or not he was comfortable or mocking, and shook his head and sneered.

He understood why Yan Wenhan’s expression was unusual.

Hu Xian was dizzy and confused.

Should you take a look at the extent of the information, you may know the extent of Sing Tao Information Company. There isn’t any strategy to examine with Jiuding Information Company.

He additionally puzzled how Sing Tao Information Company was in a position to make use of it so shortly. It turned out to be a semi-finished product, and it was put into use earlier than it was constructed. This choice was too unwise. Hu Xian can also be a shrewd particular person, and he did it this time. Such a silly factor.

Though the general high quality of “Sing Tao Each day” has elevated a bit in contrast with earlier than, it nonetheless can’t be in contrast with “Fengyun Each day”.

So long as it isn’t comparable, irrespective of how a lot it improves, it’s nonetheless at most a second little one, the sunshine shall be coated up, or it is not going to play a key function.

“The end result has been decided! I believed it could take some time to combat, it appears that evidently these strategies usually are not accessible.”

Xia Yu shook his head and sighed.

“Yeah, boss, I did not count on that I’d lookup at her earlier than. I did not count on to be chaotic at a important time. Evidently not each lady is able to being in a excessive place.”

Yan Wenhan additionally echoed.

He additionally did not count on his opponent to lose his thoughts and make such a uninteresting choice.

Initially, Sing Tao Information Group had missed the primary alternative. The one approach was to stabilize its place and await the chance to counterattack when the Sing Tao Information Company was constructed.

Nonetheless, should you allow it upfront, it is not going to have any impact, though you should utilize it to create a run-in.

However you must know that readers haven’t got the endurance to play the nurturing recreation with Sing Tao Each day. The primary impression is essential.

There isn’t any hurt if there is no such thing as a comparability. With the jewel of Fengyun Each day forward, the standard of Sing Tao Each day is not so good as Fengyun Each day after this revision. Who needs to learn it?

The present state of affairs could be described for instance. Jiuding Information Company and Sing Tao Information Group are each sharpening their swords, however the rival Sing Tao Information Group didn’t even open the knife, in order that they took it out and needed to kill folks. I feel an excessive amount of, I am unable to even kill a rooster!

“Wenhan, the acquisition by the South China Morning Put up is over, proper?”

Xia Yu instantly requested, though it has solely been a number of days, there is no such thing as a problem on this acquisition.

Jiuding Newspaper already holds 84.9% of the shares and is totally capable of management the final assembly of shareholders.

Obligatory delisting and privatization will end in an agreed liquidation worth for shares, and different shares within the arms of stockholders will mechanically shut their positions on the agreed liquidation worth. Shareholders don’t have any alternative.

If it isn’t bought, will probably be nugatory!

Due to this fact, the remaining 15.1% of the shares could be recycled similar to scraps. There isn’t any problem. A couple of days is sufficient!

“Boss, the acquisition has been accomplished, and now 100% of the fairness of the South China Morning Put up is in our arms. The acquisition of the South China Morning Put up value a complete of 11.5 million Hong Kong {dollars}.”

Yan Wenhan stories honestly.

“Good job!”

Xia Yu smiled appreciatively.

11.5 million Hong Kong {dollars}. It may be stated that it is extremely low-cost to purchase the South China Morning Put up, the primary English newspaper. You should know that the identical 110,000 each day gross sales of Nanyang Enterprise Each day spent 12 million Hong Kong {dollars} to purchase it. Now the South China Morning Put up “As a substitute, it was 500,000 Hong Kong {dollars} cheaper.

Consequently, the acquisition value 12 million Hong Kong {dollars} for Nanyang Enterprise Each day, 11 million Hong Kong {dollars} for Sin Chew Each day, 2.2 million Hong Kong {dollars} for Tiantian Each day, and 11.5 million Hong Kong {dollars} for South China Morning Put up. A complete of 36.7 million Hong Kong {dollars} was spent.

The unique acquisition of the previous Jiuding Newspaper Firm had 25 million Hong Kong {dollars} in working capital, and one other 20 million Hong Kong {dollars} mortgage from HSBC, totaling 45 million Hong Kong {dollars}.

Excluding the funds spent on the acquisition, Jiuding Information now has 8.3 million Hong Kong {dollars} remaining in working capital, which is totally sufficient to assist the traditional operation of the corporate.

“How is the mixing of the 4 newspapers now? When will it’s accomplished?”

Xia Yu requested once more.

“Boss, “Nanyang Enterprise Each day” and “South China Morning Put up” are newspapers that target enterprise and finance. We’re very skilled on this space. Earlier than, our “Jiuding Each day” was restricted by web page points, and lots of articles weren’t revealed. Now you may put these articles on the “Nanyang Business Each day”.”

“Particularly the South China Morning Put up is the best to rectify. You’ll be able to translate a part of the information on the Jiuding Each day into English and publish it in English. The standard shall be drastically improved, and the affect of the Jiuding Each day could be improved to the British. Penetrate over there.”

Xia Yu nodded barely, agreeing with Yan Wenhan’s evaluation and strategy.

“As for the “Sing Chew Each day”, the extra necessary factor is to make use of Jiuding Information Company to revise the version. Its personal modifying system is sweet. There isn’t any must make main modifications. So long as some high-quality information from Jiuding Information Company is revealed on it, the newspaper could be improved. High quality, with the assistance of our authentic channels, gross sales improve is just not an issue.”

“The final “Tian Tian Each day” is probably the most rectified, however as a result of the newspaper is small and tough, the staff of “Tian Tian Each day” get pleasure from higher remedy, and they’re now motivated to work.”

“When it comes to the working system, the issue is just not massive. Now the largest motion is the distribution system. The distribution system of the 4 newspapers is being shortly built-in, particularly the “Nanyang Business Each day” and “Sin Chew Each day.” When that is over, our distribution channels in Southeast Asia will take one other step.”

“Nevertheless it’s been greater than half of it now. 4 newspapers could be built-in for as much as 5 days!”

After introducing the situationYan Wenhan made a assure.

Xia Yu smiled and nodded and stated: “Very nicely, simply comply with your concepts.”

“Okay!” Yan Wenhan nodded in response.

Out of the blue, Yan Wenhan considered one thing and instantly stated: “Boss, you requested me that will help you recruit a secretary. Now that I’ve acquired quite a lot of resumes, I’ve eradicated some dangerous ones. When do you suppose you could have time for an interview?”

After talking, Yan Wenhan stood quietly on the spot, ready for Xia Yu’s order.

The boss hires a secretary. He cannot do that. The perfect factor is to let the boss interview in particular person. In any case, the secretary could be stated to be the particular person closest to the boss. He needs to be cautious.

Xia Yu raised his brows, considered it, and stated, “Simply allow them to know at three o’clock this afternoon and let all of them come right here for an interview.”

“Okay.” Yan Wenhan stated respectfully. Need to speak about “Rebirth: The Most Highly effective Hero” with extra like-minded folks, comply with “Sizzling Netwen or rd444” on WeChat and speak about your favourite books with extra guide pals