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The team contacted Venli Process Equipment, Inc., a third-party alliance partner that markets and sells Hong Jin assets. Venli marketed the assets and found a company buyer that will dismantle and relocate the equipment to a strategic location in another country, refurbishing prior to use.
It's not as simple as it sounds. Venli had found potential buyers earlier in the project when the decision path was not as clear. Selling a major asset is a big responsibility and nobody wants to sign on a hazy dotted line. The team took recourse to the Hong Jin Project Development and Execution Process (AAA), which brought clarity to the steps, options and goal of the project...
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Common topics in this essay:
- Asset Classes
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