Becoming a Russian Oligarch After Rebirth
Chapter 529: I’ll Take Over (Seeking Monthly Tickets)_1

Chapter 529: Chapter 529: I’ll Take Over (Seeking Monthly Tickets)_1

When Wang Ye received the call from Big Head Kong, he was already up, having breakfast.

He had to attend a regular meeting at the Duma Building today, so he got up rather early.

"President, the ACT Market is in trouble! The entire market has been sealed off and this time the action wasn’t taken by the local authorities. I did some digging, it was the Ministry of Internal Affairs who took action directly. It seems to be a serious issue," said Big Head Kong on the phone, sounding alarmed and uneasy.

Wang Ye laughed after hearing this. He didn’t tell Big Head Kong about this matter after the meeting ended yesterday.

After all, Chairman Grezlov had instructed everyone to maintain confidentiality and avoid leaking any information.

Now that the action had begun, it was okay to tell Big Head Kong.

"You don’t need to worry, there’s nothing wrong.

This operation was discussed and approved in our Economic Committee. I knew about it yesterday.

The chairman initially wanted me to lead this operation, but I refused.

From now on, the entire wholesale and distribution market in Russia, as long as it involves imported products, will be run and managed only by our New Sun Group.

That means we’re going to buy out both the ACT Market and the Lyublino Market, and operate them ourselves..."

Wang Ye briefly explained the matter over the phone to Big Head Kong.

After listening, Big Head Kong stayed quiet for a long time. He was absolutely astonished!

As it turns out, this matter was decided upon in a meeting supervised by Wang Ye...

He was shocked to see just how powerful Wang Ye had become!

With a few words, he was able to determine the complete sealing off of the ACT Market!

Everyone knew that the reason this market had stood strong for so many years was because it had a powerful backing.

But now, it was sealed off just like that...

What was even more outrageous was that all the wholesale and distribution markets within Russia will now be managed by the New Sun Group. This is practically an actual monopoly!

No one else qualifies to start a similar market anymore, New Sun holds all the power!

Everyone understands that a monopoly means massive profit!

Many great "plans" that could greatly increase the group’s profit immediately came to Big Head Kong’s mind, such as increasing management fees, charging various miscellaneous fees, increasing store rent, and so on.

He no longer cared about the fate of ACT Group as it had nothing to do with him!

......

Wang Ye didn’t worry about this matter, he went to the Duma Building for the morning meeting.

After the meeting ended, he returned to his office. Yelena soon came in to report, "Boss, Mr. Maylov from the ACT Group just called. He said he would like to meet with you. Would you like to see him?"

The reason Maylov didn’t call Wang Ye directly but contacted Yelena was because Wang Ye left his mobile phone with Yelena during the meeting. He didn’t take it with him into the meeting.

Wang Ye knew what Maylov was seeking, so he nodded and said, "Let him come over."

Perhaps Maylov was waiting outside the Duma Building, because soon after Yelena stepping out, Maylov arrived at Wang Ye’s office.

"Misha, you must help me this time!" Maylov, drenched in sweat, blurted out as soon as he entered.

Wang Ye looked up, smiled, and motioned for him to sit down and talk.

"Are you talking about the ACT Market being sealed off?" Wang Ye didn’t pretend to not understand, but cut straight to the chase.

Maylov sat down on the chair in front of Wang Ye’s desk, and heavily nodded his head.

With a gloomy face, he said, "It was sealed off at dawn today. I heard that this operation was orchestrated by your Economic Committee. I tried to pull some strings to plead my case, but nobody dared to meddle in it, so I had no choice but to come to you."

Maylov did not ask Wang Ye why he didn’t inform him earlier to better prepare him.

They’re both adults and their relationship wasn’t that close after all.

Now, he just cared about how to resolve this matter!

The ACT Market is the core business of their Group, and also a money-making machine.

He didn’t want to lose this treasure trove.

If breaking the bank could avert disaster, as long as the amount isn’t too outrageous, he’s willing to pay the price.

Unfortunately, to his despair, Wang Ye slowly shook his head.

"I’m sorry, but I won’t be able to help much this time. This was a proposal brought up by Chairman Grezlov himself. The goal is to carry out a major rectification of the light industry goods market nationwide, and your ACT Market, being a prominent target, certainly became a typical case."

Maylov felt a wave of despair.

Since it was Grezlov himself taking action, he probably had no hope.

He should prepare for the "aftermath"...

Even if his own support tried to contend with Grezlov, it would probably be a lost cause!

Not to mention whether the person behind him would be willing to fallout with Grezlov on his account!

"So...there’s no hope for this matter? Can we make some changes, like your New Sun Market, give us the right to clear customs, and we won’t engage in grey customs clearance anymore."

In his desperation, he was babbling nonsense.

This was a joke, such franchise rights weren’t just accessible to anyone!

In the beginning, Wang Ye had obtained them only with the help of Gavriil. Now, it’s because he’d already joined the highest circles, and had the power to decide the fate of others. That’s why he could monopolize all the wholesale and distribution markets.

Of course, to be honest, he isn’t really interested in these "small businesses" anymore...

......

"Well, actually, even if it’s sealed, the direct economic loss to your group won’t be too significant. After all, the goods inside... don’t belong to you...", Wang Ye said, insinuating something.

Maylov was stunned for a moment, then he quickly realized what Wang Ye meant.

He thought for a moment, "Right! Even if the market was sealed, the products worth billions of US dollars inside there didn’t belong to him!

And he didn’t promise anything to the merchants of the ACT Market, nor would he bear any losses for them!

Just as he was about to reveal a smile, he remembered something. Although there was no direct loss, the group was still hit hard!

Who would he rent the shop spaces to in the future?

If no one dares to do business in the ACT Market anymore, who would he collect management fees and rents from...

So, the losses were still tremendous!

Perhaps seeing what Maylov was worrying about, Wang Ye smiled faintly and continued, "Are you worried that the big market won’t work well in the future? Actually, markets like the ACT Market that operate in a gray area will not be allowed to exist in the future. How about this, you sell the ACT Market to our New Sun Group. I can take over and help you reduce some losses."

After hearing what Wang Ye said, Maylov’s face was clouded with uncertainty.

He was considering whether Wang Ye’s proposal would be beneficial or detrimental to them...