Life Game In Other World
Chapter 219: The Board of Directors (Please Subscribe, Add to Favorites, Request Monthly Tickets)

Chapter 219: Chapter 219: The Board of Directors (Please Subscribe, Add to Favorites, Request Monthly Tickets)

"Gentlemen, think carefully, are we doing this for ourselves?"

The Elderly slightly rotated his chair, smiling as he looked at the directors seated in a solemn, respectful manner on both sides,

"We are doing this for the Group, for Kaye City.

Once the Group goes public, it can raise a substantial amount of capital from the financial markets. Then we can easily push for a transformation of the Group. Look at the industries we are currently involved in – light manufacturing, heavy machinery production. How time-consuming and labor-intensive these industries are, and the costs are high. How much profit can they bring to the Group?"

He placed both hands on the conference table, rotating his arms as if he were drawing a beautiful blueprint,

"Going public is actually a way to low-risk liquidation of our heavy-asset industries, allowing us to have more money to enter the financial market, to invest in real estate, stocks, and bonds.

Which one of these isn’t more profitable than manufacturing? When the Group makes money, we will also make money, and the Group’s employees will be able to earn higher wages. Why not do it?"

"The risks of the financial market are uncontrollable," Lian, the young man with glasses who spoke first, said softly, "What if we incur severe losses or encounter operational difficulties?"

"’We’ won’t suffer losses," the Elderly replied with a chuckle and a wave of his hand,

"We can lay off some employees or reduce the overall wages to get through tough times. In fact, you might want to think about this – the Nolanka Group is making money, but how much dividends have you actually received over the years?

What you can look forward to, the dividends in the next few years or even decades, is probably less than one percent of the wealth you will gain from this IPO. So what if we end up with losses? As long as we pull out before the collapse, we will always be the winners."

"A quarter of Kaye City’s people are employed by the Nolanka Group, and more than half depend on the Group’s related industries for survival,"

Lian suddenly interjected, "If the Nolanka Group mismanages or even goes bankrupt due to a break in the capital chain, it will inevitably lead to widespread unpaid wages or unemployment. It will also affect the operation of small businesses upstream and downstream. How will they live during that difficult period?"

"Hahaha, Lian, you’re still too young, you’ve read too many books, and your mind can’t turn the corner."

The Elderly laughed heartily, looking toward the others around. He knew he didn’t need to convince Lian; he needed to win over the other directors sitting there.

Clearly, most of the directors in attendance were showing signs of being swayed.

In fact, the IPO of the Nolanka Group merely meant that the Nolanka family could potentially lose control of the Group. But for these minority shareholders, the benefits far outweighed the disadvantages.

As for the risks that could arise later, the potential bankruptcy of the Nolanka Group, unpaid wages and unemployment of employees, these were good news rather than bad for them.

A lot of unemployment meant an oversupply in the labor market, which meant that workers’ wages could be further suppressed. And they, having made a fortune from the IPO, could use their connections to acquire the former subsidiaries of the Nolanka Group at low prices, hire the original workers at even lower wages, and reap greater profits.

Feeding fat off the carcass of the giant Nolanka.

The only ones who could potentially be hurt by this were the Nolanka family and the workers who might face difficulties or even bankruptcy due to unemployment, but what did that have to do with them?

Now, Vian Nolanka, the sole heir of the Nolanka family, was already dead. Since Vian left no will, and before the Nolanka family’s trust fund found a suitable blood relative as heir, according to the company charter, they could represent the Nolanka Group.

As for whether the Nolanka family had any other blood relatives, that wasn’t their concern. After all, the Nolanka family had always been a single line for several generations, and Vian might be the last of the bloodline.

"Alright,"

The Elderly, seeing the tentative expressions on everyone’s faces and knowing the time was ripe, waved his hand with a cheerful smile, "Now, gentlemen, let’s take a look at the IPO plan that Nord Financial Consulting Company has strategized for us."

He waved his hand lightly and pressed a communication button on the desk, which connected to the secretary’s desk outside the boardroom.

Soon, the phone connected and he laughed softly, "Elena, bring in the IPO plan."

But after a while, there was no response from the other end of the phone.

The elderly man furrowed his brows and called out softly, "Elena? Elena?"

----

The morning in Kaye City was far from warm, especially since it was now late December.

It was a blessing that no snow fell from the sky during the cold winter.

Fortunately, there was a bit of sunshine this morning, and the sunlight brought a slight warmth to one’s face.

The only regret was that today the sky was cloudless, and a cloudless sky was much colder than one with clouds.

The boy, with tousled hair, wearing an old jacket, and a face covered in grime, looked to be about twelve or thirteen years old. He was warming his hands over a fire in a barrel, which still held some embers.

The barrel was over a meter tall and about sixty to seventy centimeters in diameter, and its body was painted black.

This kind of barrel was not meant for making fires; it was usually used to store liquid fuel.

But because of its unique shape, it offered good wind protection, and the flames from the wood or coal inside didn’t burn too fiercely, allowing it to maintain the flames for a long time. Therefore, saunterers favored turning it into a makeshift fire to get through the cold nights.

This fire barrel didn’t belong to the boy; it was the property of a group of vagrants who frequented this area. Since they had gone out to find food, the boy had the chance to crawl out from his cold, triangular tent to stand beside the barrel and warm his stiff body.

As the boy was warming himself, a loud noise came from the sky, sounding like something slicing through the air at high speed. He looked up and saw a silver-gray object falling from the sky, crashing into an alleyway in the distance.

He originally wanted to go and see, but after glancing at the fire in the barrel, which was about to go out completely, he ultimately gave up on the idea.

A little while later, he saw a tall, handsome young man carrying a silver-gray suitcase walking over from the end of the alley.

His gaze initially rested on the young man, then shifted to the silver-gray suitcase.

"Handsome?"

He Ao saw the boy fixated on his suitcase and asked with a light chuckle.

"Handsome!" the boy nodded fiercely, still fixating on He Ao’s suitcase, "It’s so beautiful!"

Then, as if realizing something, he stepped aside awkwardly, "Sorry, sir."

"No problem," He Ao replied with a smile, shaking his head, and casually pulled out a roll of bills from his clothing pocket to hand to the boy, "Thank you for your compliment, it is indeed beautiful."

Vian didn’t like people complimenting him, but he loved when they praised his creations, of course, only if it came from the heart.

"Eh? For me?"

The boy was stunned by the roll of bills.

He looked at He Ao with unease, his grimy hand slowly reaching out, then hesitantly drawing back. He looked at He Ao’s clean, fair fingers and wiped his palm on his worn jacket.

He seemed to still be hesitant.

Eventually, he swallowed and reached for the roll of money.

However, just at that moment, his movement suddenly paused, his gaze lingering behind He Ao.