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Chapter 405 Mansur's Integration Plan Chapter

(Thank you for your votes, I was pulled out to work overtime again. There is only this chapter, sorry!)

"Roman, please spare me. I'm not a big tycoon Mansour, who has a trillion-dollar asset. I'm going to beg for a few years if I can't keep a 200-meter yacht."

Yang Cheng's words made Mansour amuse him and nodded with consent, "Yes, the annual maintenance fee of this Yellow Jewelry ship exceeds 25 million pounds. The cost of each trip to the sea is calculated separately. Occasionally, I will rent it out to earn fuel costs, otherwise I will have a headache."

Roman also opened up the conversation, "Mansour, you're pretty good. You know I have a fleet of yachts, and the annual maintenance fee is more than 70 million pounds. Similarly, the cost of each trip to sea is calculated separately. Recently, I have been planning to set up a yacht rental company to rent out the yachts to make money when I don't need it."

Yang Cheng spread his hands, "So, I will never be like you. The sao bag ordered a superyacht of more than 150 meters. My request is advanced, and the length is secondary. Moreover, I don't have so many servants and entourages, which is enough for me and my family to use.

Besides, the yacht is upgraded too quickly and it will be eliminated in a few years, which is really not cost-effective."

Mansour suddenly put down his cocktail glass, picked up the iPad and searched for something on it, handed it to Roman for a while, and introduced to Yang Cheng, "It happened to be a matter of this. I sent my subordinates to do a detailed investigation on the global yacht rental market a while ago. The global yacht rental market market value was US$35 billion in 2014. It is estimated that the global yacht rental market market value will reach US$51 billion in 2020, and the global yacht rental market market value will achieve a compound annual growth rate of 6.5% during the forecast period.

In terms of regions, Eastern Europe is expected to have a maximum compound annual growth rate of 7.2%, while other regions have an average annual compound annual growth rate of 6.5%. Emerging markets including the Middle East and Z countries are expected to continue to grow.

The Middle East yacht rental market has maintained an annual growth rate of about 5-10%, and it is expected that the licenses issued to various types of water yachts this year will almost double the nearly 700 licenses issued in one year, exceeding 1,600.

The Middle East is currently the most important superyacht market in the world. The Middle East owns about 193 superyachts per capita, accounting for 12% of the global yacht fleet of more than 40 meters in length, while about one-third of the top 200 largest yachts are owned by Middle Easterners.”

Roman looked at several data sheets, passed the iPad to Yang Cheng, turned his head and asked, "So what do you mean?"

"I think this market needs to be integrated. We just talked about the high maintenance costs of our superyachts, and even we have a vague range. If we attach our superyachts to the same yacht economic management company, we can not only gain popularity, but also provide customers with one-stop service and earn high rental commissions." Mansour talked about his plan.

The yacht brokerage management company he mentioned is responsible for the sales and procurement, leasing, technical consulting and operation management of large luxury yachts in the world.

Every customer with a superyacht has his own unique lifestyle and personal preferences. Yacht brokers need to provide services based on the characteristics of each customer. After all, the rich rarely hire a team specifically for maintaining their own big toys, and the yacht really has little time.

But Yang Cheng didn't expect that Mansour would target the yacht rental market. Judging from his investigation results, this is still a very unnoticed place, and it is very promising.

"So which company are you targeting?" Yang Cheng asked with his iPad down and crossed his legs.

"BURGESS, currently the largest yacht management company in the world." Mansour leaned over to get the iPad, and retrieved relevant information and handed it to Yang Cheng and the others.

BURGESS, born in 1975, attaches great importance to details, customers' needs, and also pays more attention to the quality of its own team. It is like a comprehensive butler team with "superpower". As the only yacht brokerage company that won the Queen's Award, its "power" cannot be underestimated.

Comprehensive service and high-quality team have made it rise rapidly in the industry, even surpassing other pioneers who were founded earlier. Moreover, the company is the only company that provides customers with full service of superyachts through a team-based corporate operation. Other companies are still fighting alone in family workshop style. From Monaco to Miami, there are their business outlets in every major market around the world.

A more amazing set of data is presented in the information provided by Mansour. Currently, in every three super yachts with 55 meters or more worldwide, one of which is participated by BURGESS. It can be said that BURGESS has a market share of more than 30%!

In addition, BURGESS manages the 80 yachts to be leased, and most of its ships exceed 30 meters, and more than 60 meters of yachts can be rented than any similar company.

In terms of building superyachts with a total length of 40 meters to more than 140 meters, BURGESS has many successful project management experience, with 12 offices and more than 160 employees worldwide, and these advantages are incomparable to other companies.

With its comprehensive yacht knowledge, industry insight, professional technology and high-quality services, BURGESS has become the most authoritative expert in the superyacht industry. Many celebrities include chuan~Pu's superyacht, the world's largest yacht belonging to the Prince of Saudi Arabia, and the superyacht of the Prime Minister of Qatar, which are all managed by BURGESS.

Turning to the last page, Yang Cheng found the information he was most concerned about. Mansour's team valued BURGESS company at $210 million and gave a premium space of $70 million. In other words, Mansour's elite team believes that it is reasonable to acquire BURGESS company within $280 million.

"Is the valuation so low?" Abu frowned. In fact, Yang Cheng also felt that the valuation was not right. After all, last year alone, BURGESS sold a yacht with a total price of US$1.4 billion, and the number of yachts under his name exceeded 5. These are all high-quality fixed assets that can be included in the assessment, not to mention that the profit margin of selling yachts is quite large.

Mansour picked up the iPad and searched for a while, pointed to the screen and said, "This is the internal statement of BURGESS that I got from a business consulting company. The debt is quite serious, and almost all the money I earned is used to pay interest."

So that's it, it's not difficult to understand. Abu has no problem. He chose a cigar box on the coffee table, put it in front of his nose and sniffed it. He closed his eyes intoxicatedly and said, "So Mansour, do you want to bring us into the gang? How to distribute equity?"

"This acquisition is led by the investment of Abu Dhabi sovereign fund. I will give out 30% of the shares and the board seats to allocate them to the two." Mansour's white robe does not affect his aura in business negotiations.

Yang Cheng and Abu laughed at each other, "Mansour, are you kidding us? We specially pulled us to the yacht for a while, just to attract our investment of tens of millions of dollars? I might as well reorganize a new yacht management company with Abu."

"Jason is right. If you're joking, then this joke is very funny." Abu teased.

Mansour had no choice but to spread his hands, "Abu Dhabi sovereign fund only accounts for 20%, and the remaining shares must be handed over to our brotherly federations, such as Dubai's sovereign fund, Saudi sovereign fund, etc."

"That's not all the same. Who doesn't know that when you are united in the Middle East, you can fight to the sky when you are not united." Yang Cheng was even more helpless. In his opinion, this project has nothing to do with him. It is a product of self-entertainment in the Middle East. Once there is a disagreement, his votes with Abu will not play any role at all.

Mansour shook his head with a serious expression, "It's different, believe me, I and I are on the side."

Yang Cheng was not in the mood to listen to their Arab internal conflicts, and his bloodiness was comparable to Korean dramas. After thinking about it, he looked at Abu and understood each other's intentions. This business can be done, but it's only a few tens of millions of dollars in investment to bring about a bright future that looks good, and it's worth a gamble. So he said, "Okay, I'll invest in this project. I'll send someone to sign a contract in Four-dimensional Space. After the acquisition is successful, I will send someone to the board of directors."

Abu naturally made the same decision as Yang Cheng, and then the three of them abandoned their business and completely relaxed in this mobile castle.

Yang Cheng also drew from Mansour's light and experienced the unique style of Arab girls. She has both the mature and attractive body of European and American women, and the tenderness of Asian women. She has hidden herself under her robe for many years and has almost never seen sunny skin. She has whiteness and tenderness that is different from other people's races. She has a combination of wildness and shyness, satisfying the men's ****.

In short, Yang Cheng was very satisfied on this night of the yacht. However, 419 was beautiful. Yang Cheng was not going to put the girl in the account. Arabs were paranoid. Regardless of men and women, he didn't want to raise a time bomb next to him.

...

The next day, Yang Cheng and Abu returned to London on the Huang Baoshi helicopter. When they returned to their room, Yang Cheng felt guilty when they met Su Su's resentful eyes. He couldn't say where this feeling came from. Anyway, Su Su's pitiful and moving big eyes, like Buddha's light, made Yang Cheng slowly feel guilty.

"That~ did you sleep well last night?" Yang Cheng took the initiative to please him.

Maybe it was because she had just woken up, Su Su pouted her mouth with her face facing the sky, and her cute shoulders were holding her pink face. She was also tempting without applying makeup. "Not good!"

Yang Cheng's little heart skipped a beat and he touched his nose embarrassedly, "Then I'll sleep with you for a while? It's such a coincidence that I didn't sleep well."

The fool knows why he hasn't slept well. Su Su snorted angrily, "I don't want it. Mr. Zheng has come to you and tell him when you come back."

Yang Cheng was stunned and then showed a proud smile. Thinking that this guy couldn't help it? His concentration was too poor.

Since they had a serious business, the two of them had a short relationship and had a temporary end. Another day, they pecked Su Su's cheeks with charming flushing, and asked her for the exquisite breakfast that Wenhua Oriental relied on civilization. Yang Cheng left the room and walked towards the next door.

Stop outside the suite door next door for a while, mainly to hear if there are any strange noises inside, but I didn't hear anything. How could the top suites in a super five-star hotel have poor sound insulation?

He raised his hand in disappointment and rang the doorbell. Not long after, Zheng Jiaxuan opened the door. When he saw that the person coming was Yang Cheng, he was a little stunned and had no dissatisfaction in his tone. At least Yang Cheng didn't hear it.

"Are you back?"

A casual sentence like greeting an old friend made Yang Cheng suddenly feel that she was nervous.

In my mind, I deleted the thoughts I shouldn't have and asked, "Have you eaten breakfast? Do you want to chat while eating?"

“Okay.”

In fact, Yang Cheng had breakfast on the yacht, but he asked casually out of etiquette, but he really didn't eat it.

When he arrived at the restaurant on the second floor of the hotel, Yang Cheng just asked for a cup of hot milk and did not take the food.

"Don't you eat?" Zheng Jiaxuan picked a few common breakfasts and returned to his seat, asking in surprise.

"I have a bad appetite, drink some milk to raise it." Yang Cheng certainly couldn't say that he had eaten it, so he made up an excuse to get back, and then asked, "I heard from Su Su that Brother Zheng had something to do with me?"

Zheng Jiaxuan smiled slightly and said gracefully, "It's the same thing, I'm afraid that you will forget Brother Yang, so I want to remind you."

Yang Cheng laughed, "I've been out these days for Brother Zheng's business. I've told Prince William that if you have nothing else, we can arrange a meeting today."

"That's good, is it arranged for the evening? Do I want to prepare some gifts?" Zheng Jiaxuan asked indifferently.

"Well, let's arrange it until the evening. As for the gift, I think Brother Zheng might as well donate some donations to Princess Diana's charity foundation, which is more valuable than any gift." Yang Cheng's eyelids drooped slightly, and she gave her a 'kind' suggestion.

"This is a good idea, I'll listen to you." Zheng Jiaxuan was so kind, as if he had regarded Yang Cheng as his backbone and said whatever he said. This attitude made Yang Cheng embarrassed to cheat him, but he felt like a mirror in his heart. This guy was definitely a smiling tiger. He didn't dare to make a rash statement. But he was definitely not a good bird. It can be seen from the fact that he found Yang Cheng's weakness twice in succession and "forced" Yang Cheng to help him do things.

Not to mention how much resentment Yang Cheng felt, this breakfast was so harmonious. After drinking the milk in the cup, he took the lead in saying goodbye, "Then see you Brother Zheng tonight. I will notify you by text message."

"Okay, thank you for your help."

Shaking hands with Zheng Jiaxuan, Yang Cheng walked out of the hotel and asked Andrew to take him to find William. He wanted to make sure that things were foolproof, and he didn't know how William talked to Alex Bilder.

20 minutes later, at Kensington Palace, Yang Cheng and William sat in the greenhouse garden of Kensington Palace, savoring a cup of fragrant tea, and plotted, "William, what's going on with you? We'll meet someone named Zheng tonight."

William's smile was a little dry, "It's not that easy, that's all Bilder's wealth, and it will take time to convince him."

Yang Cheng frowned slightly, "Is the meeting delayed?"
Chapter completed!
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