Becoming a Russian Oligarch After Rebirth
Chapter 206 Establishment of a Group Company_1

Chapter 206: Chapter 206 Establishment of a Group Company_1

Just a few days after Wang Ye met with Khodorkovsky, who promised to lend him two hundred million US dollars, the money has arrived!

This also shows how exaggerated Khodorkovsky’s cash flow is...

Wang Ye excitedly said, "Thank you Uncle! I just met with Uncle Gavriil and got the gambling license. Now that the money has arrived, I will soon acquire the hotel and start up a gambling entertainment center!"

"Feel free to do it. As a young man, you need to try new things. No need to fear failure. The Yukos Group is your solid backing." Khodorkovsky said cheerfully.

After hanging up the phone, Wang Ye was full of emotions.

There’s no denying it, Khodorkovsky is a very bold man.

He is also extremely supportive of Wang Ye. Sometimes Wang Ye will have the illusion that he is more and more integrating into the identity of "Mikhail" and that Khodorkovsky is really his uncle...

"To Xiao Ying Hotel!" Wang Ye instructed Xie Liaosha.

Xie Liaosha started the car and began to head towards Xiao Ying Hotel.

Meanwhile, Wang Ye made a phone call to Kaja.

"Look it up, there should be an extra sum of money in the hotel account." Wang Ye said bluntly once the call connected.

"Yes sir, I’m going to check with the finance department right now." Kaja immediately responded.

The call was not hung up, and after a few minutes, Kaja’s voice came through.

"Sir, there’s... a lot of money!" Her voice was filled with shock, obviously startled by the sum.

"Two hundred million US dollars?" Wang Ye asked in a relaxed tone.

"Yes! Two hundred million US dollars, my god, so much money..." Kaja hadn’t calmed down yet and exclaimed.

"Have Yuri gather the heads of each department of the hotel and wait for me in the main conference room. I’ll be there soon, we’re going to have a meeting." Wang Ye said and then hung up the phone.

Now that the gambling license is in hand and the funds have arrived, what else is there to wait for? Time to get busy!

......

In the main conference room of Xiao Ying Hotel, Yuri, Kaja, Anton, and the heads of each department gathered together.

They are all waiting for Wang Ye to come.

Yuri, as the general manager, has more information. He knew about the sudden increase in the hotel account and connected it to what Wang Ye said a few days ago.

He understood that this was the arrival of the acquisition funds!

This new boss Mikhail, though young, is very fast and efficient in doing things!

The door to the conference room opened, and Wang Ye strode in. Everyone in the room quickly stood up and greeted him.

Wang Ye gave everyone a nod and walked straight to the head of the long conference table.

This spot was empty, of course, reserved for him. As for Yuri and Kaja, they sat at the first seats on either side of the long table, the positions to Wang Ye’s right and left!

Once he sat down, Wang Ye began to speak, "The matter we talked about, it’s settled. Here’s the gambling license that I have just acquired, the only one in Russia!"

With that, he held up the black-leather file in his hand.

Everyone in the conference room looked over, their eyes all focused on the file. This thing is so rare and unseen that it’s so curious...

Wang Ye handed it to Yuri and said: "Read it to everyone."

Yuri, with slightly trembling hands, opened the file, cleared his throat, and started reading it to everyone.

The specific content was quite simple, and it was all read in less than two minutes.

After he finished reading, Wang Ye said: "Two hundred million US dollars has been transferred into the company’s public account. This is a loan I made on behalf of the company and it is to be used to acquire hotels in Petersburg and the Crimea Peninsula."

This money came from an obscure investment company, clearly belonging to Khodorkovsky.

After Wang Ye said this, the conference room began to stir.

The gambling license, although astonishing, did not give everyone a direct concept of its value. They just vaguely felt that it should be worth a lot of money.

But the two hundred million US dollars in cash was too real!

In Moscow in 2001, the number of companies that could produce two hundred million US dollars in cash could probably be counted on one hand.

No one expected that Xiao Ying Hotel could now become one of them...

Certainly, the economic strength of Mr. Mikhail is too great!

The future of Xiao Ying Hotel is limitless...

Kaja sat from the side, looking at Wang Ye with eyes full of tenderness.

She felt incredibly lucky!

Being able to follow "Mikhail", a wealthy young "master", this is her best destination, without a doubt!

Apart from Wang Ye’s uncle Khodorkovsky, Mikhail himself is also an excellent boss. He is full of potential and chances are, his future achievements might not be inferior to Khodorkovsky and Abu’s...

........

Next, Wang Ye set about arranging work.

"Yuri, make a trip to Petersburg as soon as possible, conduct a field investigation and select a suitable hotel, or even a building that could be renovated into an entertainment center. Don’t worry about whether the other party is willing to sell or not, I will take care of that. You just need to find the right target."

Wang Ye looked at Yuri as he spoke.

Yuri quickly nodded and said, "I will make arrangements for the hotel today and leave tonight!"

He clearly understood that the upcoming period will be the most integral transformation phase for Xiao Ying Hotel.

If he performs well during this procedure, he won’t have to worry about his future position and income. They might even skyrocket!

After a moment of hesitation, he asked: "Don’t we need to scout around the Crimea Peninsula? The hotels there aren’t particularly famous, and their size isn’t significant either."

Wang Ye smiled and replied: "I’ve already chosen a target there, the Livadia Palace!"

The conference room erupted with exclamations. Clearly, everyone present knew what the "Livadia Palace" was...

"Now do you understand what kind of target building you should choose?" Wang Ye looked at Yuri.

Yuri nodded forcefully. He understood that Wang Ye was giving him a standard. That is, the acquisition target in Petersburg. The grade and scale of the building certainly couldn’t be lower than the Livadia Palace!

"The current registration subject of Xiao Ying Hotel is no longer suitable. We need to establish a new group company, let’s call it Xiao Ying Group. It will be mainly engaged in hotel accommodation, gambling entertainment, travel and other businesses. Also, Anton, you are responsible for preparing Wagner’s security company, which will also be registered under Xiao Ying Group, so the expenses will be paid by the group!" Wang Ye looked at Anton.

Anton also nodded simply. Wang Ye had already talked about this with him yesterday.

The current registered body of Xiao Ying Hotel is actually called "Xiao Ying Company", with the only business entity under it being Xiao Ying Hotel itself.

Now that they’re expanding operations and businesses becoming more diverse, the original "company" is no longer suitable. It’s time to establish a group company!