For Zhou Ming, the "land first, money later" arrangement was akin to a last-ditch effort.
After all, the land was in his hands, but he couldn't sell it or use it to secure financing.
He might as well hand it over to Lin Chu.
He had a basic level of trust in him. If trust were scored out of 100, he'd give Lin Chu at least a 70.
At the same time, Lin Chu had also backed him into a corner.
So, after careful consideration, he gave in.
Under Lin Chu's name, there was now a company called "Chan City Mingliu Real Estate Development Co., Ltd.," of which he personally held one hundred percent of the shares.
The company's main asset was that piece of land valued at 290 million.
The price Zhou Ming had to pay was persuading all of his company's shareholders.
Given his control over the company, this task, while a bit troublesome, was still achievable.
The price Lin Chu had to pay, on the other hand, was the transaction tax.
