This Grand Life 2 News

[h3]Creating Public Companies[/h3]
Create your own public companies by combining your businesses and real estate, and list them on the stock market! You will be given 25% ownership in the new entity while 75% is offered to the public.



Once a company is listed, you lose control of the individual assets and it will behave like any other company on the stock market.



Keep in mind, all the extra investment money flowing into the new company will increase the related Competition Indexes - so be careful not to end up competing with your own businesses.




[h3]Bankruptcy and Desperate Acts[/h3]
I've seen a bit of feedback that the stock market feels like too much of a gamble when a bankrupted stock wipes out your entire investment. This update introduces changes to give some warning and smaller losses before a complete wipeout can occur.

Before going bankrupt, a listed company will perform a "desperate act" to try and save itself.

Larger companies will downsize operations, causing a sudden reduction in equity per share but (hopefully) stabilising the company at a lower valuation.



Smaller companies will raise capital, diluting the percentage ownership of existing shareholders. This also reduces equity per share since the new shareholders are able to invest at advantageous prices.



If you are invested in a company and they perform a desperate act, you will be notified in the monthly summary window.



Bankruptcy only occurs if the company needs to perform another desperate act within 6 months of the last one. Performing the Research Stock activity will tell you if the company is at risk.



If "Sudden Bankruptcy Syndrome" made you swear off the stock market before, give it another try in this update!

[h3]Version v0.67.00[/h3]

• Add forming public listed company from player owned businesses and real estate (aka IPOs)
  
• Add Create Public Company activity at City Hall site
  
• Add Conglomerate public company type
  
• Rework how public company bankruptcies can happen from being probability-based to event-based
  
• Large public companies will reduce operations when at risk of bankruptcy
  
• Small public companies will raise capital when at risk of bankruptcy
  
• Add icon to stock market window showing public company activity history
  
• Change researched stock Financials label to Bankruptcy Risk label
  
• Public companies can contribute to Competition Index once Rivals, Influence and Policies unlocked (only applies to newly spawned companies after this update)
  
• Add extra details to player business' total value icon tooltip
  
• Player business stronger natural decay for Brand Awareness and Reputation if over 100%
  
• Player business value now takes into account the occupied real estate's mortgage
  
• If selling a player business occupying real estate with a mortgage attached to it, the mortgage gets transferred away instead of being repaid from player cash
  
• Add functionality for disabling an activity until Rivals, Influence and Policies unlocked
  
• Reduce table and sitting surface requirements for Restaurant by 15%
  
• Fix real estate property value for sorting lists not set properly when loading a game until the next month
  
• Fix "Game Saved" text not showing anymore when saving game
  
• Fix some issues with main menu links menu hanging around when it should be hidden
  
• Fix monthly summary item for new stock market listing not opening to the new stock when button clicked
  

[h3]Shenzhen[/h3]

Introducing the city of Shenzhen, where rent is relatively cheap but good luck affording a home!



I've tweaked the max number of spawns for different sites to depend on a city's unique characteristics. For example in Shenzhen, the large manufacturing industry means you will find more Industrial Parks.

Similar changes apply to all other existing cities (Singapore spawns less Housing Estates but more Apartments, New York spawns more Corporate Offices, etc).

[h3]Passion Improvements[/h3]
You can now set a Large House or Apartment Complex as goals for the Home Building passion.



The Large House requires some Interior Design work, while the Apartment Complex is a longer term project that requires a Civil Engineer.



The Football passion has an additional goal of becoming the Most Valuable Player.



Achieving this goal grants you the MVP status effect, allowing you to Shill Corporate Products for more money than regular sponsorships.



But shill too much and risk disappointing your followers...




[h3]Version 0.66.02[/h3]

• Add Shenzhen city map
  
• Add Interior Designer and Civil Engineer jobs
  
• Add Civil Engineer job hours to some contracts for Building Construction player business
  
• Add Large House and Apartment goals to Home Building passion
  
• Rename XP:Engineering to XP:Mechanical Engineering
  
• Empty Residential Land can spawn at Wealthy Residential and Apartment sites
  
• Limit some home building activities to once per month (to prevent building an entire house in one month)
  
• Add Extra Studying activity to Grade School
  
• Decay the Business and Real Estate public markets when Rivals are first unlocked so initial Competition Index values are more reasonable
  
• Changed max number of spawns for different sites in cities depending on its unique characteristics (Singapore spawns less Housing Estates but more Apartments, New York spawns more Corporate Offices, etc)
  
• City setup screen shows number of expected site spawns in each city
  
• Site search tooltip shows breakdown of factors affecting max number of spawns
  
• Add functionality for jobs and education actions to affect passion goal outcomes
  
• Add functionality for requiring status effect to do an action
  
• Add required status effect restrictions to some Hospital activities where they make sense (e.g can't get a Dental Crown without having Tooth Decay)
  
• Add Most Valuable Player goal and Shill Corporate Products activity to Football passion
  
• Add Shill Corporate Products activity to Guitar and Singing passions
  
• Reduce Empty Residential Land natural spawn rate at the end of each month
  
• Reduce time per activity from 40h to 20h for Art Class, Guitar Lessons and Singing Lessons
  
• Fix City Explorer Preference missing scroll buttons when list too long
  
• Fix Plumber Hours asset using wrong image
  
• Fix mod names not translated on city setup screen
  
• Fix stock market window selected tab switching unexpectedly when game unpaused