THE ENTERPRISE (English Edition) [Kindle-editie]

San Diego California, United States: year 2009, Hanscope Digital Inc. a consumer electronics maker is caught up in an intellectual property row with the competition. One of its minority shareholders takes the war to the board berating them for having completely lost the plot and fallen so egregiously out of line and threatens to sue. To quell things a takeover bid is hastily brought on the table, but on whose behest? Private equity funds and the consultant Aryne Darley. Macau china, year 2008 the Chinese government got into a bad mood and imposed restrictions on movements across the mainland, revenues slumped in Macau and stocks for the major casino players sank to record lows. The junket business was hardest hit. This in itself thrived mainly by default that sprung from the intricacies of Chinese laws. As long as it remained illegal to glorify gambling on the mainland the casino owners in Macau will always require intermediaries with no inhibitions in their reach or in law to skirt all over the vast mainland to find customers and handle collections of the subsequent winnings and losses. And the triads had their specialties in this area. Willem Keller Freigner needs help. Aryne Darley has to be brought in. He proposes a way out. In order to regain a considerable influence on the millions of gamblers these firms can access from the mainland they must strike a deal with the junkets. In return Darlte Margins private equity with its many affiliates all over the globe will act as a channel to launder the proceeds from the new hotel and keep them safely tucked away. To these end the Calrays Macau an affiliate of Miami based Calrays sands N slates resort is set up on the Chinese peninsula. Kwale county Kenya, Eastern Africa. Year 2010, A Chinese consortium bags the deal for extraction, processing and export of rare earth elements worth USSD 63B discovered along the east African coastline. But a group of American corporate dealers are not ready to shelve their plans just yet. Aryne Darley has to be brought in. It so happens that exploration work is not yet complete and there are rumours on the ground that two thirds of known deposits could stretch hundreds of miles up north. Aryne discovers that a sugar miller, Sunn Iciche manufacturing holds the deed to nearly half the land up north and hundreds of leases with small holder farmers in the south. It becomes an easy target. Its ownership structure is quickly altered. The company posts a profit warning a few months before the end of the financial year supposedly to make a communication to its clients and the general public about its not so rosy prospects. Taking the cue the majority stockholder, a leading bank in Kenya transfers its stake to a Nigerian Bank as part of a deal to access financing for their expansion spree in central Africa. The exit by the major investor in the industry is enough to send shockwaves across the board. The minorities are immediately sent into a panic mode. And in a hurried move offloaded their stake to two nominee accounts both set in Madagascar. Within a few months the company had completely changed hands and is now almost wholly owned by foreigners most of whom remain relatively unknown. But it’s discovered that this bank had entered a memorandum of understanding only a few months back with a major US Bank that could enable it access the banks infrastructure to expedite cross border money transfer facilities for their overseas clients. So, who owns the company? Kenyan authorities want their identities revealed and so does the FCPA.

De auteur:S Oren
Isbn 10:B00X362AHE
Uitgeverij:S Rotche; 2 editie
Paperback boek:520
serie:Kindle-editie
gewicht THE ENTERPRISE (English Edition) [Kindle-editie]:2762 KB
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