673 Going Public (2/2)
”That's right.” Jiang Chen nodded.
It was nothing worth disguising for. Anyone who bothered could trace his footsteps Iraq and Viet. Some intelligence agencies thought these experiences as the ”organization's” way for Jiang Chen to grow. Because of these experiences, he was promoted to be the leader of the ”organization”.
If Jiang Chen saw CIB's analysis of him, he would probably start laughing.
”Whether it is IS or other extremist organizations, they are more or less connected with us. This connection is not only demonstrated through the rifles and bullets in their hands, but it is also displayed through the control of Capital. In necessary times, they will help us eliminate people that shouldn't exist and provide an excuse for the unnecessary war.”
”I see what you mean.” Jiang Chen nonchalantly opened his hands, ”You mean I'll be afraid of pirates?”
”Of course not.” Carson shook his head, ”Based on the Capital's report, out of all the dictators, you have the most powerful military force. But do you think Saudi would allow you to station a force in their sovereignty? Just because of a freshwater supply?”
Jiang Chen's eyes narrowed. He finally understood what Carson meant.
UA of course won't take any action, but they would permit pirates or other organizations to attack the freshwater platform. They could even secretly purchase the ”souvenir” from them and research the remains.
At this time, Celestial Trade would face an awkward situation. An international military mission not only tested for military prowess, but also diplomacy.
”I don't understand , what does it have to do with going public?”
”If we go public, even if only 10% of the shares are made public, it could eliminate the concern from the Capital.”
Carson used the word ”we”. After he signed the equity swap agreement, he became a shareholder of High Tech Freshwater and this proposal was from High Tech Freshwater's perspective.
If the company did go public, the situation would be completely different. Even it was to protect the interest of the domestic investor, the Capital would remain cautious on making moves under the table.
Future Group still controlled the company. Regardless from any perspective, going public in UA was a great choice for High Tech Freshwater. Jiang Chen agreed with the proposal and confirmed that 15% of the shares will be made public.
After going public, the structure of the company was 70% controlled by Future Heavy Industrial, 15% owned by First B City Bank. Future Heavy Industrial still had an iron grasp on the company.
Also, the IPO of the subsidiary would bring at least 1 billion US dollars in one time earning for Future Heavy Industries.
On the other hand, with the strategic partnership formed between Future Group and First B City Bank, Blue Seagull, as the pawn, was stuck in an awkward situation.
Without the support, they could not even afford the lawsuit.
Court fees for the international tribune and lawyer fees were not low since they were not charitable organizations. Even if Blue Seagull was not-for-profit, they still must pay for their bill. But Future Group wasn't looking to end the dispute soon as they dumped two trucks of files at the court. It looked like they were looking to fight a long and drawn out battle.
[If you want to play? I will play with you till the end!]