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Chapter 1109: Chapter 969 Legal Interest Transfer
Regarding Gamblers,
Especially the tycoon kind of gambler.
Tang Qing never felt sympathy; with so many other things to play with, why gamble? Did they find life insufficiently stimulating? Flies don’t buzz around uncracked eggs; since you’re looking for thrills, you might as well feel the sharp sting of it.
Then they’d straighten up.
At least for a short while.
Ayman’s cousin probably goes weak at the knees now at the mere mention of casinos.
Having lost over four hundred million U.S. dollars.
Such extravagant gambling befits his status as a Saudi Prince, and thanks to the meticulous trap set by the Fighters, with every detail interlocking and using roughly half of the thirty-six stratagems, he was finally ensnared.
Speaking of that casino,
Tang Qing couldn’t help but laugh.
As the "Pixiu Plan" progressed, the casino controlled by the Fighters had gained quite a reputation in Las Vegas, having seen people walking away with hundreds of millions of dollars on multiple occasions.
Which tempted the wealthy to try their luck.
However,
Their luck was not always as good.
Mostly, they walked away with lighter pockets.
Little did they know that the Entertainment City now controlled by the Fighters had become the biggest ’legal interest transfer’ channel in the United States, specialized in handling all sorts of ’money sending’ that couldn’t be done openly.
For instance, if a U.S. company A wanted to slip some money to a Legislator, doing so directly was too lowbrow and risky. But if it was won here, it became legal income in the United States.
A ten percent service charge.
Business was booming lately, and to avoid becoming the public enemy of other Las Vegas casinos, they steered clear of money laundering and became merely ’legal movers of wealth.’
Just last month,
The income from service charges alone had exceeded a hundred million dollars.
This was after tax, and though paying tens of millions of dollars in taxes was painful, Tang Qing knew it was necessary. By paying taxes to the United States Internal Revenue Service, it was as if they had an additional umbrella of protection.
No punishment without law.
This embodies the core of Western legal systems.
As long as there is no explicit legal prohibition, it is not a crime, and the Court cannot convict you. However, not paying taxes is a serious offense. Such operations were indeed enlightening for Tang Qing.
For this reason,
Tang Qing had the Fighters thoroughly and meticulously study all U.S. laws, founding several large international law firms specifically to handle legal issues for the companies controlled by the Fighters.
In lawsuits,
What counts is rigorous logic, interpretation of legal texts, and exploiting legal loopholes—areas where the Fighters excel. Thus far, the Fighters had not lost a single case they took on.
...
The next day,
In the morning,
Ayman showed up at Tang Qing’s place bright and early.
"Tang Qing, I’ve made contact with someone holding ARM stocks, just a tiny bit over three percent. Is your offer to pay a fifty percent premium still on the table?" Ayman reported the good news as soon as he arrived.
A thirty percent premium.
His purchase price was around seventy-five million U.S. dollars, selling to Tang Qing for eighty-seven million U.S. dollars, which meant he could make a net profit of over ten million just by flipping it. Deals like this were becoming addictive to Ayman.
He had considered holding onto it himself.
But then, it wouldn’t count as doing a favor for Tang Qing, and he realized that Tang Qing brought him in precisely for this reason. If he held onto it, Tang Qing might be displeased.
On one hand, there was over ten million to be made, and on the other, the profitability was scant because ARM’s profit margins were nothing special; he had researched, and last year’s total profit was just over forty million U.S. dollars.
If this share of the dividends came through,
It would make him cry.
So, it’s still best to pocket the profits first. ARM, a "strategic level investment company," suits "strategic investors" and not someone like him who prefers projects with quick results.
Let Tang Qing play if he wants to. It’s his.
"Of course, my word stands," Tang Qing said with a calm smile.
Ayman then said, "Also, on my way here this morning, I inquired about those photovoltaic projects and spoke to my uncle. He said he would treat them impartially, as long as your technology is up to standard."
"Thank you. As for the technology, we have that confidence."
"That’s great. If I could eat such delicious food every day, that would be even better." Ayman said, looking at Tang Qing pitifully, hoping that after having done so much, Tang Qing would relax a bit.
Unfortunately,
He was disappointed again. 𝔫𝖔𝔳𝔭𝔲𝔟.𝖈𝔬𝔪
Tang Qing rejected him with an "iron heart." The special effects of the meat from the Training Area made Tang Qing not dare to supply it casually to outsiders, especially not to someone like Ayman.
"Stingy."
Tang Qing: "..."
Why did it feel like the grumble of a confined damsel?
"Tang Qing, is this... is this fluorite? Such a big piece of fluorite, it’s so beautiful, the processing technology is simply perfect. I haven’t seen anything like this in Saudi. I want to buy one too. Where did you get it?"
"You probably won’t find it in the market. If you like it, I’ll sell it to you for cheap."
"How much?"
"Fifty million dollars."
"I suddenly feel... my bank account is aching." Ayman felt a pang in his liver, really thinking the stone wasn’t worth that much.
"That’s why I say, this is not for you. In your culture, gold and gemstones are the real valuables, and you don’t find jade and jadeite that impressive. But in our culture, these things contain a piece of history, a segment that runs through the civilization of Huaxia."
Tang Qing had no intention of selling to Ayman in the first place. It was just a casual remark. If he encountered someone who was interested, the piece could sell for a hundred million dollars, but Ayman was unlikely to have such a collection hobby.
Ayman indeed thought the price was ’mere stone’s worth.’
"It seems I need to study Huaxia’s history properly. Tang Qing, where do you suggest I start?" Ayman backed off, as he was young and liked to collect ’fashionable’ items like cars.
Even if it involved antiques.
There was still a deep gap with Huaxia’s collecting culture, only things that encompass the history and recognized value of one’s own civilization would catch their eyes, like Tang Qing’s gold artifacts.
"Chinese Characters."
"..."
That afternoon.
News came from Ayman’s cousin.
The shareholders of ARM agreed to this stock transfer, which finally put Ayman’s mind at ease. At least the money was secure, but at this point, Tang Qing proposed a suggestion.
"Ayman, you hold on to these stocks for now. If you transfer them to me right after getting them, the shareholders of ARM definitely won’t like it. They might even exercise their preemptive right to purchase."
"Then what do I do?" Ayman was stunned for a moment.
"Don’t worry, we can sign an agreement. I’ll pay first, and after six months, you transfer the stocks to me," Tang Qing said.
Tang Qing wasn’t afraid that Ayman would jack up the price when the time came because to him and Ayman, it was just a small part of the plan. Utilizing the ERV at that time, there was no need to worry about such minor issues.
Moreover, the chances of Ayman jacking up the price were slim.
"No problem." As long as the money was in the account, Ayman was not concerned about what plans Tang Qing had...
...
In the following two days,
Ayman did not go anywhere else, only running back and forth between the hotel and Tang Qing’s villa. It has been raining in Shanghai these days, chilling to the bone, and there were not many places to go, but Ayman was very happy.
On September 3rd,
which was Sunday afternoon, Ayman reluctantly left Huaxia. After getting the ARM stocks, he still had to go to Algeria to meet his future father-in-law. The opening of the oilfield had become a minor issue.
Next up was discussing marriage and wedding plans.
He’s going to be busy.
