Chapter 961 - 328, Causing a Sensation
The subsidiaries under Venus Bank include Surf Hotel, Atlantic City Racing Club, Starry Media, ABC, Pandora Oil, Apollo Chain, Crace Investments, United States Logistics, Sinclair Oil, Trident Shipyard, United Artists, Ares Arsenal, and others.
Currently, aside from ABC and Sinclair Oil, none of the other companies are publicly listed.
Donnie, however, had a concern that differed from others. While others were worried about not having any public companies, Donnie was preoccupied with which company to take public!
Regarding this, Robert and Café Jackson both had their own opinions.
Robert believed that choosing a company like United Artists, one that wouldn’t impact the consortium’s overall operations, was the best choice for listing.
Café Jackson’s perspective was just the opposite; he thought that since Donnie now wanted to raise capital, the most profitable companies, such as Apollo Chain, should be selected.
"If Apollo Chain goes public, it may not be able to deliver dividends to shareholders at all. If the stock price falls below the offering price at the time of listing, wouldn’t it be a complete joke?"
Robert voiced his concerns.
Café Jackson countered, "For a company going public, it can naturally raise considerable funds, and those funds can be reinvested in the company’s expansion. Eventually, the profits will naturally be available for dividends!
On the other hand, United Artists, even though it’s a top-tier film company in Hollywood right now, isn’t fully under our control. If it goes public, our control over the company would diminish. By then, if Charlie Chaplin and others rally other shareholders, we may even lose control of United Artists!"