Maal, Maal Prime City
The Office of the ExO today issued a press release regarding the successful conclusion of a ten-month long investment program aimed at supplying funds for the outlay and construction of infrastructure on the planet Maal located within the Corporate Sector through the sale of infrastructure bonds. In the release, numerous statistics were set forth describing the beginning and ending outlook of the program. Most notably, the program was initially started as a one year (twelve month) program with a projected final investment opportunity of close to 200% value of initial investment, but has since superseded that projection by not only a shorter time frame, but also a higher return rate. End results have shown that asset value in returns are now reaching 244% of initial investment in only ten months.
Corporate Sector Authority, the governing body on the planet Maal, first began issuing bonds on Year 16 Day 354 via the Centrepoint Marketplace and issued the last bond on Year 17 Day 56. In total, the program raised 990 million credits through 25 investors. The funds were then put to use securing necessary resources to begin the construction process and, in return, investors gained deed to ten buildings in priority construction, all of which contain commercial value, have monthly rent paid upon them, and have utilities supplied via government owned and protected utility services.
Built Infrastructure on the planet has allowed for an almost alarmingly large influx of immigration to the Outer Rim, with the latest census reporting over 2.1 billion new immigrants to the planet in the time from onset of the bond issuance. Prior to the program, the planet housed a scant 4 million residents, most of which were scientists and explorers hired on to survey the habitability of the planet. Further design for more housing and other commercial structures suggests that an end total of nearly 10 billion residents may be housed comfortably upon the planet with employment available to any seeking. As well, the planet's main source of employment according to designs in place suggests defense spending and contracting will be no less than 30% of the total jobs market.
With the conclusion of the program, a source within the Office of ExO has described a program that has far exceeded expectations and has further commented on plans for a smaller second round investment program aimed at erecting the remaining designed construction within as little as six months from the start of any such program. According to this source, second round investment is projected to raise a minimum of 600 million credits and have a return on investment close to the actual projected return of the first round of funding. As with the first issuance, most likely issuance of bonds will be accomplished via Centrepoint Marketplace and may be on the market within as little as a week from today.
For further information regarding the first round investment program, sign on to CSA Investor Relations
Guest
Welcome to the Galactic News Service
Hacked by:
Gilbert Reed,
Corporate Sector Authority
Date: Year 17 Day 279 Location Unknown
Date: Year 17 Day 279 Location Unknown
Events in Brief
Year 25 Day 141: The ruling classes on Ruuria have lost confidence in Jawa Outer Colonies to govern their world effectively and have instead appealed to Jawa Offworld Enterprises for leadership.
Year 25 Day 141: Jawa Offworld Enterprises has wrested control of Ruuria Asteroid Ring II away from Jawa Outer Colonies after a shocking election season that has left analysts puzzled.
Year 25 Day 141: While their coup has been condemned by many across the galaxy, Jawa Offworld Enterprises has formed a government and assumed control of Ruuria Asteroid Ring III, replacing Jawa Outer Colonies.
Year 25 Day 141: FENIX CORP was dissolved today.
Year 25 Day 140: Black Nebula Corsairs was dissolved today.
Year 25 Day 140: Confederacy of Independent Systems is now widely recognized as the most likely to stabilize the situation on Kalarba, and has been offered aid and recognition by most of the galaxy's major powers.
Year 25 Day 140: Confederacy of Independent Systems is now widely recognized as the most likely to stabilize the situation on Kalarba VI, and has been offered aid and recognition by most of the galaxy's major powers.
Year 25 Day 140: After reports of military and political leadership on their payroll, most analysts suggest that Confederacy of Independent Systems is the de facto power on Kalarba V.
Year 25 Day 140: With no one left who is willing to challenge their leadership or run for planetary office, Confederacy of Independent Systems has now assumed complete control of Kalarba II.
Year 25 Day 140: After bitter negotiations, the citizens of Kalarba I have relented and agreed to allow Confederacy of Independent Systems to govern them.
Year 25 Day 140: Confederacy of Independent Systems is now widely recognized as the most likely to stabilize the situation on Kalarba IV, and has been offered aid and recognition by most of the galaxy's major powers.
Year 25 Day 140: A coalition of populist movements have wrested control of Kalarba Belt VII away from Haor Chall Engineering, promising to keep the world autonomous and free of off-world influence.
Year 25 Day 140: After widespread accusations of corruption by Haor Chall Engineering in Kalarba Belt IV's elections, it is unclear who is the rightful leader of the world's government.
Year 25 Day 140: After widespread accusations of corruption by Haor Chall Engineering in Kalarba Belt XLI's elections, it is unclear who is the rightful leader of the world's government.
Year 25 Day 140: Kalarba Belt VI’s economic and political situation has disintegrated into chaos, making it unclear who exactly is in charge - but it isn’t Haor Chall Engineering.
Year 25 Day 140: Multiple candidates have declared victory in the recent planet-wide elections on Kalarba Belt XL, pushing the world toward a civil war. It is clear that Haor Chall Engineering remains the governing power in name only.
Year 25 Day 140: With the brutal civil war that has consumed Kalarba Belt XLIX in recent months only escalating, most of the galaxy’s governments no longer recognize Haor Chall Engineering as the planet’s ruling body.
Year 25 Day 140: Citizens of Kalarba Belt V go to the polls this week in a referendum vote that is projected to remove Haor Chall Engineering from leadership. The world's future after the vote is still unclear.
Year 25 Day 140: Kalarba Belt XXXVIII’s economic and political situation has disintegrated into chaos, making it unclear who exactly is in charge - but it isn’t Haor Chall Engineering.
Year 25 Day 140: After a landslide vote of no confidence, Haor Chall Engineering is no longer the ruling body on Kalarba II.
Year 25 Day 140: After widespread accusations of corruption by Haor Chall Engineering in Kalarba V's elections, it is unclear who is the rightful leader of the world's government.
Year 25 Day 140: After a landslide vote of no confidence, Haor Chall Engineering is no longer the ruling body on Kalarba VI.
Year 25 Day 140: A coalition of populist movements have wrested control of Hosk away from Haor Chall Engineering, promising to keep the world autonomous and free of off-world influence.
Year 25 Day 140: With the brutal civil war that has consumed Kalarba IV A in recent months only escalating, most of the galaxy’s governments no longer recognize Haor Chall Engineering as the planet’s ruling body.
Year 25 Day 140: Multiple candidates have declared victory in the recent planet-wide elections on Indobok, pushing the world toward a civil war. It is clear that Haor Chall Engineering remains the governing power in name only.
Year 25 Day 140: After widespread accusations of corruption by Haor Chall Engineering in Kalarba IV's elections, it is unclear who is the rightful leader of the world's government.
Year 25 Day 140: After widespread accusations of corruption by Haor Chall Engineering in Kalarba I's elections, it is unclear who is the rightful leader of the world's government.
Year 25 Day 140: Multiple candidates have declared victory in the recent planet-wide elections on Kalarba, pushing the world toward a civil war. It is clear that Haor Chall Engineering remains the governing power in name only.
Year 25 Day 140: Baobab Merchant Fleet was dissolved today.
Year 25 Day 139: After reports of military and political leadership on their payroll, most analysts suggest that The Faerytail Family is the de facto power on Randon Asteroid Belt II.
