Rizal Philippines
August 16, 2016
Today I brainstormed with a lady Chairman of a group of companies and former CEO of a huge financing company, chemical company that supplied all the chemical needs of the detergent FMCG in the country. She is 55, he is 73 but still very creative and innovative.
He invited me to be executive director of the group who will form a holding company:
The holding company will gather capital and invest 50%-50% in the following ventures:
1. Bank (the rural bank which we are working on now)
2, Real Estate (horizontal and vertical)
3. Schools
4. Health Care (nursing and hospitals
5. Energy (solar)
6 Telecom (e Pole) from Enersphere designed to solve telecom congestion, dropped calls and slow internet speed
The various groups will have their own CEO and be profit center, and funds will be raised through ordinary subscriptions and even IPO. This calls for a hard driving CEO who will kick ass. The elderly CEO thinks I am talented enough to run this complexity and kick ass (or more mildly nudge
This will be a conglomerate approach just like MVP group (energy, telecom/utilities), Aboitiz (power and banking or San Miguel (food energy, and construction) or Phinma which is into schools, real estate and energy (divested from cement and construction/technology
How will I be compensated, do I have time for this.? Initially once a week and as a consultant. Or be fee based on projects. He likes my approach as an academician businessman which is methodical, organized and scientific
The businesses we talk about amount to:
1. School - 100,000,000 million
2. Solar manufacturing - 100,000,000 million
3. Bank - 100,000,000 million
4. Real estate - 400,000,000 million raw land value
We now have a asset for stock swap capitalization for the holding company: 200,000,000 million (conservative appraisal) consisting of 24 hectares of prime land (along the highway) near the Philippine Sports Arena. Earlier, raising capital for holding company was problem, today, we have a solution
Wow. Just brainstorming and manipulating the assets and applying innovation can create more wealth and opportunities for many people
