Reborn as a tycoon in Hong Kong
Chapter 539: Not listed on the market for three years (two-in-one)
On Saturday morning, Lin Baicheng took Chiba Nanako to Bailong Commercial Club.
Mineryu Iwasaki also came over to the company. Today is the weekend, but the company's manager Hiroshi Sasaki and several senior executives also came over to the company.
The two big bosses summoned, and Sasaki Boruto of course gave up his original vacation plan. The other management learned that the two big bosses were going to the company today. Although they were not specifically summoned, they all went to the company because they wanted to make progress.
Although the management came to the company, Lin Baicheng and Iwasaki Mineryu had nothing to do with them, so they were not allowed to follow them into the conference room.
All the funds of Bailong Commercial Co., Ltd. in Mitsubishi Bank have been transferred to Bailong Commercial Co., Ltd.'s company account, totaling US$576 million in funds.
The reason why it is US$576 million in funds is because, including the more than US$47 million in taxes to be reported, Bailong Commercial Co., Ltd. did not file taxes immediately.
Bailong Commercial Co., Ltd. operates here in Japan. It can wait until the beginning of next year to file the tax. The company can use the tax of 47 million US dollars first, and then pay the tax together when the company files the tax.
Before filing taxes, more than 47 million US dollars of funds were used without any interest, so they were not used in vain.
US$528 million, these are the funds that Bailong Commercial Club can use.
In Bailong Commercial Co., Ltd., Lin Baicheng and Iwasaki Mineryu each invested US$100 million, of which US$10 million was used as principal for gold futures investment. So far, they have spent more than US$220 million on land acquisition. point.
The reason why US$190 million in capital was able to obtain US$220 million in land is because the company borrowed US$150 million from Mitsubishi Bank, and more of the loan funds were invested in the development and construction of the land.
The company has already developed a residential area. The company is doing all the house sales by itself, and the sales speed of the new team is not very fast. It's better to do the property sales yourself so that you won't be manipulated later, and you don't have to give away part of your profits.
If the houses are not sold quickly, the funds will not be withdrawn quickly. Fortunately, the loan funds allow the company to develop other land. The company can develop the land while waiting for the sales of the houses to withdraw funds, without affecting the company's development.
However, in this case, the company will not be able to acquire any more land, because the company has no more funds unless it continues to borrow money.
But now it's better. The company has made more than $500 million in investment profits, so it doesn't have to worry about lack of funds for the time being.
"Lin Sheng, as we agreed, out of the company's profits, we will use US$400 million as dividends."
"Well, it's settled."
This was something agreed upon, so Lin Baicheng would naturally not object.
The shareholders of Bailong Commercial Co., Ltd. are Lin Baicheng and Iwasaki Mineryu. After the two people decide on this matter, they only need to go through the dividend procedures in the name of the company, and this matter will be handled by Sasaki Hirato and Chiba Nanako and Iwasaki Mineryu's assistant will assist.
Of the US$400 million in dividends, Lin Baicheng, who holds 51% of Bailong Commercial Co., Ltd., can receive US$204 million, and Iwasaki Mineryu can naturally receive US$196 million.
The better thing for Lin Baicheng and Iwasaki Mineryu is that the money is dividends from the company, and there is no need to pay taxes. What they can get is sufficient funds.
Iwasaki Mineryu said with a smile on his face: "Lin Jun, I think we need to celebrate. I will book a place for tonight and let's have a drink together."
"Okay, no problem. I will arrange it for you tonight, Iwasaki-kun."
Lin Baicheng agreed with a smile and did not refuse. It was indeed necessary to celebrate after making a big fortune.
Iwasaki Mineryu asked aloud: "Lin Jun, apart from the part of the tax that needs to be paid, the remaining funds are retained in the company for development funds?"
"Yes."
Lin Baicheng nodded: "It just so happens that the company currently has no funds to acquire land. With the injection of this capital, the company can continue to acquire land, and multiple projects can be run together in land development."
With that said, Lin Baicheng looked at Boruto Sasaki: "Manager Sasaki, the company must make land hoarding its top priority. Land development can be a little slower, but the hoarding of land must be large and cannot be neglected."
Boruto Sasaki immediately responded: "Chairman, don't worry, I will always remember your instructions."
In terms of the company's development direction, Iwasaki Hoiryu has always respected Lin Baicheng. After all, the basis for his original cooperation with Lin Baicheng was that he hoped that Lin Baicheng could help him make money and make a fortune. If he did not trust Lin Baicheng, then this cooperation would be meaningless.
Therefore, Iwasaki Mineryu did not say anything about the company's development direction, but said: "Lin Jun, there is no doubt about your vision in investment. I think the company can continue to invest a sum of money, not to mention getting dozens of dollars." It’s good to have multiple returns.”
"Iwasaki-kun, good things like this don't happen every time."
Lin Baicheng, who did not want to expose his investment, was no longer prepared to let Bailong Commercial Club invest, so he waved his hand and said: "I have no investment direction that I am optimistic about at the moment. The international gold price has risen a lot in the past few years. I think it is possible that it will continue to rise." There should be little impact, and at most it will rebound and rise slightly. As for other investments, I am not optimistic about the direction yet, so I can only wait until later."
"That's such a shame."
Iwasaki Mineryu couldn't help but sigh. He was indeed very regretful. Not to mention that he could make another fortune with the investment. He had benefited a lot from Bailong Commercial Association's investment alone. After all, he held this company. Nearly half of the shares.
"There's nothing we can do about it."
Lin Baicheng also pretended to be sorry, and then asked Boruto Sasaki, Nanako Chiba and others to go through the dividend procedures.
Bailong Commercial Co., Ltd. is not a listed company, and there are only two shareholders. The dividend does not need to be announced to the outside world. The two shareholders can decide on their own behind closed doors. They only need to fill in a formal company document.
After a while, only Lin Baicheng and Iwasaki Mineryu were left in the conference room.
Lin Baicheng asked with curiosity: "Iwasaki-kun, are you shorting gold futures? After the price of gold fell back on Wednesday, there was a sharp adjustment in the next two days, and now it has fallen to the price of 400 US dollars per ounce. Iwasaki-kun. If you are short-selling, you will make a profit no matter which day you start short-selling.”
"I am preparing to short gold futures, but I haven't started yet. I have discussed it with my subordinates and we all agree that if the price of gold cannot stabilize at US$400 per ounce, there will inevitably be a significant drop. That's when I enter the market and go short. It’s time.”
"Now the gold price has dropped a lot compared to the high point, but the gold price has risen sharply before. This drop may be just a normal adjustment. US$400 per ounce is the key level, and the long and short sides will compete at this price. If the short side is strong, If so, I can just follow you and make a small profit."
Iwasaki Mineryu only hesitated for a moment before speaking out his plan without hiding it from Lin Baicheng. The reason for this is because he does not have too much funds to short-sell, so he does not worry about Lin Baicheng specifically blocking him.
"It's good for you to think about it this way."
After hearing this, Lin Baicheng couldn't help but nodded slightly, but he knew that the price of gold would definitely rise sharply in the future, but he didn't know when it would. He only hoped that Iwasaki Mineryu would not be so unlucky, and the price of gold rose sharply without adjustment after he made a short sale. stand up.
Lin Baicheng was not prepared to remind Iwasaki Mineryuu, not to mention that Iwasaki Mineryuo didn't believe him, mainly because it would be of no benefit.
"By the way, I'm curious, how much money are you going to spend on short selling?"
Iwasaki Mineryu said without any secret: "Not much, just 200 million U.S. dollars in capital, 50 million U.S. dollars in principal, and 4 times leverage. My requirements are not high, as long as the price of gold can drop by 5% after I go short." That’s it.”
"5% of US$200 million, which is US$10 million, is pretty good to earn US$10 million."
Lin Baicheng said that if he was satisfied with just a 5% drop, Iwasaki Mineryu still had a good chance of doing something right.
Iwasaki Mineryu said: "The main reason is that you didn't participate, Mr. Lin, so I don't dare to take too big risks."
"Compared with short selling, I personally prefer to be long."
Lin Baicheng smiled and told a 'white' lie.
"Jun Lin and I are different. As long as we can make money, I can do both long and short. There is no difference."
"I actually know the truth."
Nodding, Lin Baicheng changed the subject and said, "Speaking of which, Iwasaki-kun, you now have a net worth of several hundred million dollars. In addition to working at Mitsubishi Bank, have you ever thought about starting your own business?"
"Start your own business? Never thought about it."
Iwasaki Mineryu immediately shook his head when he heard this: "I still have a good idea of my abilities, and I am not a entrepreneurship material. Even if I cannot reach a high position in Mitsubishi Bank and gain power in the future, I will only choose to invest in companies that I like. Instead of starting your own business, leave it to others."
"Mitsubishi is one of Japan's conglomerates. If Iwasaki-kun can reach a high position at Mitsubishi, there is really no need to leave to start a business."
Lin Baicheng couldn't help but nodded slightly. If he was not a reborn person, if he had been given the choice, he would have given priority to working within Mitsubishi Bank instead of starting a business. Of course, there is nothing to say if you are extremely confident in your own abilities.
Iwasaki Mineryu couldn't help but said: "Lin Jun, with your current development speed, I think in a few years, you will establish your own consortium in Xiangjiang. By then you will be the founder of the consortium, which is enviable."
Lin Baicheng was not modest either, and said confidently: "To be honest, I have great confidence in establishing my own consortium."
Iwasaki Mineryu said: "Lin Jun, if I can reach a high position by then, you will be in Xiangjiang and I will be in Japan. We will work hand in hand with each other, which will be beneficial to both you and me."
"Well, if we can all achieve our goals, we can naturally cooperate with each other."
Lin Baicheng will naturally not object. Even if he establishes a consortium, he will be based in Xiangjiang and his main development direction is the mainland. The Japanese market still needs to cooperate with local capital, otherwise even if his consortium develops, it will not adapt to the climate.
"I believe you will be able to do it, Mr. Lin, but I may be a little hesitant."
It's not that Iwasaki Mineryu is not confident, but that he knows his own weight, and his status in the Iwasaki family determines that it is very difficult for him to get to a high position. If he is a direct descendant, then the possibility is greater.
Although the family has always boasted that all direct descendants have equal opportunities, just listen to this. Only fools will truly believe it.
"I believe you can do it, Iwasaki-kun."
With that said, Lin Baicheng changed the subject: "Even if Iwasaki-kun you don't become a senior executive of the Mitsubishi Consortium, with your connections, we can still cooperate."
If possible, Lin Baicheng still hopes to continue to cooperate with Iwasaki Mineryu, because changing partners takes time to get used to, and he needs to be more prepared for new partners.
"Thank you, Mr. Lin, I am very happy to cooperate with you."
Iwasaki Mineryu expressed his thanks. If one day he fails to succeed in the Mitsubishi Consortium and Lin Baicheng establishes another consortium, then cooperation with Lin Baicheng will be beneficial to him and bring him a lot of benefits.
Lin Baicheng smiled and said: "You're welcome, let's cooperate with each other and make money together."
Chatting and chatting.
Lin Baicheng suddenly remembered something: "Iwasaki-kun, do you think we need to provide equity incentives to the management of Bailong Commercial Club?"
Iwasaki Mineryu shook his head and said: "If the company prepares to go public in the future, it can provide certain equity incentives to some management and outstanding employees. It is not necessary now."
"If you think so, Iwasaki-kun, then so be it."
Lin Baicheng did not object. Unless there was huge development beyond his expectation, there was really no need for equity incentives before Bailong Commercial Club went public.
Iwasaki Mineryu asked: "Lin Jun, have you ever thought about when our company will be listed?"
"The company will definitely go public, but there is no rush now. I am not planning to list the company for at least three years."
Lin Baicheng shook his head. Japan's real estate industry developed greatly after the Plaza Accord in 1985. Although it is not necessary to wait until after 1985 to go public, there is no need to go public too early. It can be done a few years in advance.
"Aren't you going to go public within three years? That's quite a long time."
Although he said this, Iwasaki Mineryu did not persuade Lin Baicheng to list the company early. The main reason is that his investment in this company has doubled. As long as the company does not go bankrupt with huge debts, then even if the company does not develop well In this way, he would have no objection, after all, he has already made money from this company.
Time passed slowly as the two chatted, until Boruto Sasaki and Nanako Chiba walked into the conference room together.
The documents related to the 400 million US dollars dividend of Bailong Commercial Co., Ltd. have been prepared and are just waiting for the signature of Chairman Lin Baicheng.
Lin Baicheng browsed it briefly, and after confirming that there were no problems, he signed and sealed it.
The funds have to be transferred by the company's finance department, but the assistants of Nanako Chiba and Mineryu Iwasaki will go to Mitsubishi Bank with the finance department to confirm that their respective dividend funds are transferred to their respective accounts.
After completing the formalities, Lin Baicheng and Iwasaki Mineryu no longer needed to stay at Bailong Commercial Club. After making an appointment to meet in the evening, they left separately.
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