After August, Tianyue Trading successively set up branches and offices in Benin, Akwa, Liberia, Sega Leone and other countries, contacted local car dealers, advertising agencies, established distribution channels, and developed motorcycle sales in these areas.
Car and pickup market.
In order to avoid unnecessary suspicion from the Jidam family, apart from the investment in the Oguta gold mine, Cao Mo did not immediately make additional large-scale investments in Benin. Instead, he focused his investment on Akwa and Sierra Leone.
Liberia and other places, acquiring assets such as cocoa plantations...
In early June, Chen Feng, Song Yuqing and others successfully acquired Xinxuan Foods in China. Guo Donghu returned to China and was directly responsible for the operations of Xinxuan Foods.
However, the sales of pure cocoa butter and cocoa powder in the country cannot be suddenly opened. As of the end of September, the monthly trade volume of cocoa beans and cocoa butter powder exported to the country through Cornero Foods was less than 4 million.
Dollar.
Only the monthly profits generated by the two cement plants in Ibogu and Cornero cannot be fully transferred to Tianyue International's account.
By October, the renovation of the Lonta natural gas power plant was completed, Cornero Energy's main power generation capacity was fully built, and it officially entered the profit period.
It is enough for Cornero Energy to use the new profits for the subsequent construction of upstream small and medium-sized hydropower stations.
However, after the completion of many hydropower station projects, there will be corresponding withdrawals for monthly depreciation of facilities and equipment, which actually corresponds to the return of the principal of the trust loan of United Bank of Oman.
Cao Mo's initial plan was not to rush to return the principal of the trust loan to United Bank of Oman, but to make full use of these funds as much as possible, further develop in related fields, and improve the business structure of Cornero Energy.
Now that Cornero Energy's controlling stake has been handed over to Dongsheng's Hexi Fund, Ding Zhaoqiang's wish is that Cornero Energy can improve its management and technical level, and does not want to expand the scale of power generation any more radically.
Not to mention developing related businesses.
In Cao Mo's view, the first core goal of Cornero Energy's subsequent development is to complete the performance bet first, so there is no need to retain these funds in Cornero Energy.
The trust loan principal that can be returned in advance will all be returned in advance, and the depreciation life of the facilities will even be reduced to further save the annual financial costs that Cornero Energy has to pay.
The large and small plantation owners in Longta had no habit of investing before. It was mainly a matter of awareness and concept. Once they crossed this threshold under the semi-mandatory requirements of Li Qilu and others, the trust fund now wanted to advance
They themselves are not happy with the liquidation.
This amount of money may not seem large at first, but according to the rate of depreciation and withdrawal of Cornero Energy Facility, there will be funds equivalent to at least US$1.5 million per month, which can be returned to the trust account of United Bank of Oman in advance.
Even though Cao Mo now has a lot of money on hand, he still borrows these funds from the trust account by mortgaging the equity held by Tianyue International in Cornero Energy, Cornero Lake Industrial Park and Felician Gold Mining Company -
At this time, Ding Zhaoqiang could no longer accuse him of abusing Dongsheng's resources.
Of course, these loaned funds are in Kanem naira, not US dollars.
in any exchange control
In addition to normal import and export trade, relatively strict countries can enjoy relatively loose and free exchange of US dollars, but it is quite difficult to directly exchange a large amount of naira into US dollars through normal channels every month.
However, Akwa, Benin, Sierra Leone, Liberia and other countries and Kanem all belong to the Economic Community of West African States. Cross-border investment within ECOWAS is currently encouraged and supported by West African countries. Therefore, Cao Mo will invest in Kanem.
If the surplus funds are used to acquire plantations in Akwa, Benin and other countries, they will not encounter much resistance.
On the one hand, it is to carry out a wider industrial layout in West Africa. On the other hand, using the equity of many companies in Lonta as collateral to loan funds from the United Bank of Oman for Kanem's overseas investment is actually risky.
Hedging.
If something uncontrollable happens to Kanem one day, he will pledge all the pledged assets to the United Bank of Oman to preserve the assets outside Kanem and minimize losses...
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The Brotherhood of Steel has tens of thousands of members on the periphery. If the core stormtroopers lose anything, they can easily recruit radicals from the periphery to replace them. However, the Ghidam family twice sent people to kill the little-known girl Starry.
Failure and negative impact are deeper.
On the one hand, the police arrested many core members of the Steel Fist Brotherhood at the scene of the shooting, which was involved in many vicious criminal cases previously committed. Municipal authorities and even Ogun State government officials and state legislators have also demanded severe punishment of criminals; Jeddah
The Mu family can only secretly pay a higher price to delay the investigation and trial of the case, so as to avoid directly dragging the Jidam family into the case.
On the other hand, the gangs that had failed in the previous battle with the Steel Fist Brotherhood also launched a counterattack at this time and set out to regain the previously lost territory; in addition to the constant defeats in the street battles, the smuggling secretly controlled by the Jidam family
, gambling, pornography, money laundering, drugs and other businesses are also shrinking day by day. Even the prosperous Lana Del Rey Beach Casino has frequent gamblers causing trouble, and the police or other law enforcement agencies come over at every turn.
examine.
The small gangs, merchants and even some small and medium-sized enterprises that had previously had to succumb to the power of the Steel Fist Brotherhood, accepting its protection in name but actually being exploited by it, now also stood up to resist.
It seems that countless hostile forces have appeared overnight to make things difficult for them, and they have to bear countless tangible and intangible losses every day.
At first, the Jidam family wanted to pick a few thorns and punish them severely, but the Draculamore municipal government and the police were keeping a close eye on them. If there was any movement, the police would come to arrest them.
Many members were imprisoned, and the arrogance of the Steel Fist Brotherhood was repeatedly hit.
The Jidamu family was retreating steadily and was in a hurry for a while. It was not until the end of August that they finally stabilized their position.
After Cao Mo saw that the Jidam family had come to their senses, he focused his attention on promoting the construction of Taihua Industrial Park, Conero Lake Port, refineries, casinos and hotels, etc., while ensuring that they had reached out to develop in Rivers State.
The forces will not be driven out.
It is obvious that they are expecting that after the refinery and other projects are completed, energy will continue to bring huge profits, so that they will have enough resources to regain their reputation.
At the end of September, Kefeng Investment Co., Ltd., which is controlled by the Lu family and is responsible for the investment in the Cornero Refinery, teamed up with Jilin
Kilman Investment Co., Ltd., controlled by the Dam family, invested US$18 million to sign an acquisition agreement with a cement factory in the Becu area near the city of Draculamo.
At the same time, they started the construction of a grinding station with an annual output of one million tons of finished cement in Taihua Industrial Park.
The plan announced by Taihua is that in addition to moving the grinding section of the Beku Cement Plant that relies on power supply to Taihua Industrial Park, it will also add an annual production capacity of 500,000 tons of finished cement grinding in order to more fully enjoy
Cheap and stable power supply along the shores of Lake Cornero.
That is to say, after the completion of this grinding station, the supply of finished cement around Draculamo City will increase by another 500,000 tons per year.
Cao Mo had nothing to worry about.
After July, with the official completion of the Yeyangxia medium-sized hydropower station, Liang Siqian and other engineering management and technical personnel officially separated from China Civil Engineering Construction Corporation, took over Yibogu Labor Service Company, and accepted Tianyue International and Hexi Fund for a total of one thousand
With a capital injection of US$10,000, Cornero Engineering Construction Co., Ltd. was registered and established.
At present, in the construction of the Conero Lake Industrial Park and the hydropower station group, in addition to major and complex projects that need to be undertaken by China Civil Engineering Construction Corporation, other projects such as low-rise buildings, steel structure factories, medium and low-level bridges and roads, small hydropower stations, decoration, gardens, etc.
For construction, Cornero Engineering and Construction Co., Ltd. can undertake it.
Instead, taking over the former Ibogu Labor Service Company, Cornero Engineering Construction Co., Ltd. has had two thousand construction workers since its establishment, which effectively ensured that Cao Mo and his team's construction speed on the north shore of Lake Cornero would not slow down at all.
The construction of the south shore of Lake Cornero was mainly undertaken by an engineering and construction company controlled by the Jidam family in the early stage.
The scale of municipal construction in Draculamo has always been quite large. The local engineering construction companies are not as bad as imagined, but there is obviously a big gap with large state-owned engineering contracting companies such as China Civil Engineering Construction and China Railway.
The three core projects of the Taihua Industrial Park, the refinery and the Conero Lake Port are enough to make the engineering and construction companies under the Jidam family scramble.
In early May, they officially started the construction of the Atlantic InterContinental Hotel and supporting living areas on the south shore of Lake Conero. In mid-August, they started the construction of the seaside boulevard connecting Draculamo Port and the Port of Conero Lake. At the end of September, they started another 100 hotels.
The construction of a grinding station with an annual capacity of 10,000 tons has actually slowed down the construction speed of all projects.
However, it has become very difficult for them to find other contractors to cooperate with.
The background of the Giddam family means that China Civil Engineering Construction, China Railway and other Chinese-funded construction companies will not cooperate with them. The prices offered by European and American contractors are too high, and Taihua and the Giddam family cannot afford it;
Small contractors are more or less involved with gangs, and no one is willing to cooperate with the Jidam family at this time.
The Jidam family wants to strengthen the construction capabilities of its engineering and construction companies, but everything from skilled workers to technology, operations management and sufficient engineering and construction equipment are indispensable.
Due to the serious squeeze on their territory in Draculamore, the Ghidamu family had to put a large number of peripheral members of the Steel Fist Brotherhood who needed to support their families into the engineering and construction company. The number of employees increased to 3,000, but the construction speed increased.
But it is extremely limited, and it also brings additional confusion...