Reborn Russia As An Oligarch

Chapter 531 A blessing in disguise

As a normal person, after hearing what Mikhail said, he would definitely become suspicious.

Could it be that Mikhail did this to acquire his own ACT market at a low price...

Of course Mayilov thought of this too.

However, he quickly denied it himself.

Because he understands very well that with Mikhail's current wealth and status, there is no need to use such methods!

It is no exaggeration to say that Mikhail may no longer be able to capture his own ACT market!

Although the two had little contact during this period, Maylov paid a lot of attention to the news about Mikhail.

What about the Siberian gold mines, what about Crimea’s ten-year investment of tens of billions, what about United Airlines Group, what about China-Russia’s biggest oil and gas deal of the century...

Mayilov was so confused!

In the face of big businesses that cost tens of billions or even hundreds of billions of dollars, his ACT market is nothing...

…………

After much hesitation, Mayilov wanted to "rescue" again. He asked with a wry smile: "Is this the only way? Is there no other way?"

Wang Ye shrugged and told him another piece of bad news.

"Oh, I forgot to tell you that our Duma just held a meeting this morning and passed a new legislation.

That means from now on, all markets without import franchises will be closed!

Otherwise, you will be legally responsible.

This franchise is only owned by New Sun Group, and it is the only one. No new license will be issued for at least a few years. "

Well, Mayilov was completely desperate.

People have directly enacted legislation!

How can I continue to play by myself...

He said with a sad face: "Then I understand, I accept my fate! Let's sell this market to you. From now on, ACT will transform into hotels and real estate. Especially the real estate market, I feel that it will be more promising in the future."

Wang Ye smiled and said: "Smart move! I can tell you that in the next ten or even twenty years, real estate will be a hugely profitable industry. It will be much more profitable than running a large wholesale market."

He did not fool Mayilov, because the real estate in Russia, especially in the two major cities of Moscow and Petersburg, has indeed developed rapidly in the next twenty years.

If we start real estate development and hoard land at this time in 2002, it will be difficult not to make money in the future!

Of course, the real estate growth rate here is naturally incomparable with that of a certain country.

But here in Russia, this business is already hugely profitable, and Maylov still has some foresight.

Hearing Wang Ye's affirmation of his idea, Mayilov showed a smile on his face. Originally, ACT Group had been involved in the hotel and real estate industry, but it had not grown bigger before.

Now we are forced to have no choice but to transform.

He may not know it yet, but quitting the wholesale distribution market and focusing on real estate is a blessing in disguise!

…………

Regarding the acquisition of the large ACT market, Wang Ye did not add insult to injury and gave a good price.

US$100 million, including the land management team and various existing buildings, were acquired.

Of course, it will definitely not be the same valuation before it was seized, it will still be discounted.

But to be able to sell it at this price, Mayilov is already satisfied!

If Wang Ye doesn't buy the ACT market, to be honest, he can only die in his hands, because no one else will take over...

Legislation has been enacted to prevent others from operating similar large markets, so who will buy the ACT market?

Besides, after being shut down like this this time, even if it continues to operate, the merchants probably won’t dare to do business there again!

Of course, all these problems are nothing to New Sun Group.

Mayilov left Wang Ye's office quite satisfied.

At least he has no worries and has settled the ACT market at a pretty good price.

As for the merchants' seized goods, Mayilov didn't ask at all!

Anyway, it wasn't him who lost, and he couldn't solve this big trouble with his ability, so why bother asking...

He has no control over whether the merchants "go to the rooftop" or gather people to cause trouble!

…………

By winning the two major markets of ACT Market and Lyublino, New Sun Group can be regarded as monopolizing the entire wholesale and distribution market in Moscow.

There are some similar markets in some small border cities within the country, but they are very small and insignificant, and Wang Ye is too lazy to take care of them.

He plans to re-plan these three markets.

The first is to push all the old ACT markets to rebuild!

Together with the second phase of New Sun, they are all built in a unified style. From now on, this place will only sell traditional goods, such as wholesale of shoes, hats, clothing, socks, bags and accessories.

As for Lyublino's big market, the hardware conditions and geographical location are better.

Wang Ye plans to turn it into a wholesale and retail market for electronic products!

In fact, the potential market for this type of products is also very large, such as computers, mobile phones, cameras, MP3s, various small household appliances, etc.

The unit price is much higher than that of clothes, bags, etc., so once it is really started, the market revenue will be much higher.

This is considered a new big category, and it has not yet formed a scale in the New Sun Market and ACT.

But Wang Ye knows that soon, this type of product will usher in an explosive period!

But he could just talk about these things with Boss Kong later, or at a high-level meeting of the group.

Just let Boss Kong and the others execute it, you don’t need to worry about it yourself.

…………

On this day, the entire big market, including the New Sun Market.

All the bosses are worried.

Many people are not interested in doing business today, and everyone is more concerned about the outcome of the seized ACT.

Although this matter does not involve the New Sun Market, don't forget that most of the merchants in the New Sun moved here from the old ACT.

There are even many Chinese businessmen who have their own shops in the old ACT!

In other words, there are some black merchants or more difficult merchants over there, and they still get the goods from Chinese merchants, and they are considered distributors.

There are inextricably linked relationships between the two markets.

Seeing that the ACT market is blocked, and this time is obviously different from usual, many people have a hunch that ACT is probably going to be doomed this time!

In fact, no one cares too much whether the ACT market is closed or not. Even some Chinese businessmen will suffer considerable losses.

The crux of the matter is whether there will be any problems on New Sun's side!

Although New Sun Group has long promised to protect the property safety of merchants, if there is any problem, full compensation will be paid!

But is this true?…

No one knows.

If, like ACT, it is directly blocked by the higher authorities, there is no telling whether the New Sun Group will be able to be found by then!

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like