Chapter 1499 - Taking Advantage of the Situation
Chapter 1499: Taking Advantage of the Situation
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
Shi Maode might be a little worried if Imperial Phoenix Group was present in this auction. Other than that, he did not think that anyone would bid for this piece of land at the same price as him.
“Fortune Group, increase by 20 percentage points, bid 38.1 billion.”
When the auctioneer announced the bid that Shi Maode had filled out, everyone’s eyes were immediately shifted toward him.
Everyone present was a bigshot, and they were all familiar with each other’s backgrounds. Although this piece of land was huge, it was not worth that much money based on the current development plan.
All the bosses had invested nearly similar amounts of money, but only Fortune Group had invested so much more. If anyone dared to claim that there was nothing fishy about this, nobody would believe it.
When they heard that Shi Maode had increased the bid by 20%, they recalled the Shi family’s relationship with the Urban Development Department and realized—
The land would soon appreciate.
Although they did not know how the value of this piece of land would appreciate or how much it would appreciate, all the bigshots were simply busy being dismayed at this moment. They did not expect that the Shi family would gain the upper hand.
Since the Shi family was willing to buy this piece of land at a 20% increment, it meant that the price of this piece of land would definitely appreciate much higher than the current offered price.
Shi Maode became the center of attention as everyone’s unreadable eyes shifted toward him, feeling gleeful.
Now that everyone was already giving him this look, everyone would be even more envious when this piece of land appreciated more than 70%.
Since the Shi family’s offer was the highest among all the previous families, the auctioneer paused for a moment before reporting the rest.
“Tianheng Holdings, increase by 20 percentage points… bid… 38.101 billion.”
“What?!”
Shi Maode leaped from his chair in shock.
How was that possible?!
Why would Nangong Nuannuan bid at such a high price?
Most importantly, Shi Maode did not expect anyone would offer a higher price than him. Since the highest price increase at 20% was actually 38.16 billion, Shi Maode did not bother adding the 60 million to the price he offered since he was sure that he was already the highest bidder.
However, it was precisely the 60 million he ignored that allowed Nangong Nuannuan to take advantage of the situation.
A mere one million bucks lost him a business that was worth at least 38 billion bucks.
This was simply… an understatement to call it “regret”.
It was inaccurate to describe him as being angry.
A net profit of 38 billion or more was definitely a great temptation even for first-tier wealthy families. The Shi family could win over many people with this money.
Recently, the Nangong family had made the Shi family lose out in the business world several times. Coupled with the huge expenditure from the Medic Association Hospital, the Shi family had their eyes on this piece of land a long time ago and treated it as their own property.
By spending around 6 billion or so, they could earn close to 40 billion in the future. Anyone would fight for this kind of business. The Shi family had been eyeing this opportunity and had thought that they would definitely win. They had not expected Nangong Nuannuan to pop up and ruin their plans.
How could Shi Maode let this go?
“How did you manage to make such a high offer? You cheated!”
Shi Maode’s face flushed red. As his blood boiled and his veins popped all over his face, he looked abnormal.
Similar to when Shi Maode called her shameless just now, Nangong Nuannuan smiled as brightly as a blooming flower in spring.
“Chairman Shi, everyone is bidding for this piece of land.. I’m merely competing with everyone based on the price because I have great hopes for this plot of land. How can you say that I cheated? Are you… slandering me?”