Put Away Your Divine Techniques Now! Chapter 1246 - 371: [Something’s Not Quite Right?]

Chapter 371 [Something’s Not Right?]

In fact, Hu Shangke still underestimated the methods of these true aristocrats when it comes to asset manipulation.

They play at a higher level!

Previously, Boss He, the son of You Su Yi, was also a wealthy businessman, but ultimately he was just a first-generation entrepreneur, and his methods were still somewhat crude.

The block of properties sent over was directly transferred to Chen Yan’s name.

This approach clearly lacks subtlety.

This lady from a genuine "aristocratic family" evidently brought with her the more sophisticated methods of established wealth families.

Within a week, a "asset management company" was founded in Jinling Prefecture with a registered capital of 500 million.

The legal representative of the company is Miss Ah Ruo herself.

However, the company’s shares were already manipulated during registration.

Ninety-nine percent of the shares were listed under Chen Yan’s name, while Ah Ruo herself symbolically retained one percent.

Then, using the asset management company as an entity, they proceeded to buy houses and buildings!

The properties were not listed under personal names; they belonged to the company.

But the company’s shares belonged to Chen Yan!

This kind of operation is much more discreet. Externally, unless you go out of your way to investigate, you won’t be able to find out who the actual owner of these properties is.

Moreover, from a financial perspective, it wouldn’t trigger various risk checks from the bank, avoiding trouble and unnecessary attention for Chen Yan personally.

If you directly transfer billions or buy houses in large amounts, the bank is certainly going to inquire.

But it’s different with a company.

Furthermore, once all the properties are purchased, a simple share transfer procedure is sufficient.

Discreet and without alarming anyone.

On paper, Chen Yan merely has another company under his name; he is just the major shareholder, not even the legal representative.

No one will know that this company owns an entire block of real estate, along with an office building.

·

Hu Shangke was nearly exhaustingly dedicated to buying properties!

He went out every day to meet with the landlords and owners, negotiating with each one, discussing prices, expectations, and conditions.

After a week, most of the owners who were easy to negotiate with agreed, while only a few owners who originally had no intention to sell hadn’t budged, but their attitudes were noticeably more flexible, leaving room for negotiation.

After all, people invest in stores to make money, and if the benefits are substantial enough, selling isn’t out of the question.

By the second week, Hu Shangke had basically settled with all the owners; the total price was aggregated to 370 million for the block of stores.

No choice, there were three owners with fourteen stores who initially didn’t want to sell, and he had to offer a premium.

Negotiating for the office building was relatively simpler.

The office building belonged to another asset management company, so he only had to deal with one company.

This sort of transaction was actually easier than negotiating with those individual owners.

Especially since the overall environment is poor now, with the real estate market looking bleak. Many companies are strained with tight funding chains.

Although the office building’s occupancy rate isn’t low, relying on rental income to recoup funds is slow.

In a situation where everyone is financial strained, if a business has the chance to recoup funds instantly, and even make a profit, why not?

One hundred and forty million—this was the negotiated price for the office building.

It took two weeks to finalize negotiations, signing would take place in the third week!

Ah Ruo had already registered the company properly, with all the procedures complete and funds in place!

Then, the transactions began!

Hu Shangke was invigorated!

In half a month, he facilitated real estate transactions worth 500 million, leaving the company he was in completely stunned!

The regional manager ran to his store three times in a week, and even when not physically present, he made at least two daily calls to Hu Shangke.

The words were no longer simply friendly gestures, but outright flattery!

And beyond the flattery, there was also a subtle sense of vigilance and caution.

With such a big business deal in hand, they feared Hu Shangke might leave!

If he directly took off, Hu Shangke could easily start his own business outside!

And indeed, Hu Shangke did plan to resign.

·

He did not plan to cut corners, taking the business with him and dismissing the company to operate independently.

Firstly, he didn’t have the qualifications; the transfer procedures and legal matters would still need the company’s connections, and for his own record, he’d need time to find a lawyer to handle the transaction contracts and so forth.

Secondly, Ah Ruo clearly stated: There’s no need for you to resign and go solo now.

Ah Ruo’s thought was not to cause additional complications.

Even though Hu Shangke resigning and going solo might save on a brokerage fee for the company—a seven-figure sum—

However, the lady from Port City couldn’t care less about this money.

She wants the transaction completed quickly, smoothly, without any unexpected issues.

Otherwise, urging Hu Shangke to resign could become troublesome; if there were issues during the resignation process, conflict could arise between the company and Hu Shangke. The outcome isn’t important; what’s crucial is that a lot of time could be wasted.

But Ah Ruo proposed a new idea.

"Once the transaction is complete, are you interested in coming to work for us?

The asset management company we’ve established, with these purchased investment properties under the company’s name, constantly needs someone to manage them.

I won’t be permanently based in Jinling Prefecture; I’ll send over financial personnel and an assistant here, but I would prefer you to help me at this company. If you’re willing to come over, I can hire you as the general manager of this asset management company."