Reborn as the richest man in India

Chapter 202 RM40 million (monthly ticket is 1,000, I will update more tomorrow)

Returning to their residence in the evening, Qiaogo and Moeller sorted out today's harvest.

"Moeller, can the bank here provide mortgage loans?" Qiao Ge asked.

"Of course, as long as there is collateral, there is no problem with the bank." Moeller nodded. "There are many foreign banks in Penang, such as HSBC, and the procedures are more convenient."

"Okay, that's good." Qiao Ge smiled.

"No way?" Moeller thought and thought of a possibility, "Boss, are you planning to mortgage the acquired plantation before investing in the acquisition?"

"That's right," Jhogo replied.

"This? That's crazy." Moeller didn't know what to say, and the leverage was a bit too much.

"Others are not optimistic, but I am very optimistic about the palm oil industry." Qiao Ge said seriously.

Moeller could feel Jogo's determination, he had said so before.

"Don't worry, boss, I will definitely do a good job in what you tell me. As for the future market of palm oil, I have reservations," Moeller said.

In his view, Jogo was completely bucking the trend.

There are many successful examples in history. If you invest against the trend, once you succeed, the profits will certainly be astonishing.

But compared to success, there are more failures.

The risk is too great.

Now he can only attribute it to Qiaogo's youth. Young people are probably so confident.

"Isn't this plantation for sale?" Qiaogo said, looking at the plantation he wanted to acquire, pointing to a large piece in the middle.

The plantation that Qiaogo is looking at now almost surrounds a large piece in the middle, and part of it is even divided by the middle piece, making the plantation he wants look a bit scattered.

This piece of plantation is not for sale.

This is a bit embarrassing.

"Not for sale," Moeller replied.

"Can't we talk to the garden owner? The price can be negotiated." Qiao Ge frowned, and it was acceptable to increase the price.

Moeller shook his head and said: "Boss, this is impossible, because the other party is also a member of the investment plantation. They only acquired it in the first half of the year, so it is very difficult for them to sell it."

"Huh? Really? It seems that I have met someone with the same idea. Are you as optimistic about the future market of palm oil as I am?" Qiao Ge was surprised, "What company?"

"IOI Group." Moeller introduced, "Their boss was originally mainly in the real estate development industry, and later acquired a listed company that manufactures industrial oxygen. In the past two years, he began to enter the oil palm planting industry and related industries, and is now making aggressive acquisitions. plantations, but I don’t think they expected the palm oil market to suddenly take a turn for the worse.”

Moeller still insists on his view that the market will not be good in the later period.

When IOI Group entered the market two years ago, the market trend had not yet changed. However, after they invested so much in the past two years, it may be difficult to escape.

"IOI Group?" Qiao Ge felt that the name of this group was a bit familiar.

"Their boss's name is Li Shenjing. He seems to be Chinese. No, he's Chinese." Moeller added.

Qiao Ge was stunned, and he remembered.

He had seen some lists of Chinese richest people in Southeast Asian countries before, and there was this IOI Group here in Malaysia.

Later, it became one of the largest listed plantation group companies in Malaysia and was known as the ‘Palm Oil King’ of Malaysia.

Of course, this does not mean that he owns the largest oil palm plantation area and the largest oil production.

There are other companies that are the largest, and IOI Group is probably among the top five. In the previous life, it owned two to three hundred thousand hectares of plantations. It was no problem to be in the first group. The main reason is that it has a great market value and is Chinese.

Li Shenjing is a legend, a child from a poor family, who worked hard from a poor boy to become a rich man.

Like most other wealthy Chinese in Southeast Asian countries, they all come from poor backgrounds. The hard-working and diligent character of the Chinese people has led them to great success.

Qiao Ge couldn't help but sigh. If it was the other party's plantation, it was indeed unlikely that he would buy it.

What a pity. This plantation is actually Qiaogo's favorite. The trees are less than a year old and the area is large enough, with more than 5,000 hectares. It will definitely be the most cost-effective if he can win it.

"Oh." Qiao Ge tapped his finger on the map of this plantation several times. It was such a pity.

"Boss, maybe we can talk to them." Moeller could see that Qiaogo valued this plantation.

In fact, he could understand Qiao Ge's mood. If he really wanted to acquire the plantation, with this piece of land, the surrounding ones could be connected into one piece.

"Can we talk?" Qiao Ge was stunned for a moment.

"I asked about it," Moeller said with a smile. "This plantation was given to the IOI Group at a discount of 30 million ringgit by another company due to debt arrears. The IOI Group is currently mainly acquiring plantations during the peak period, and their The plantations are basically near the capital Kuala Lumpur, especially near Klang, and also to the south of West Malaysia. This is in the north, a bit far away from there. If the price is right, they might sell it. "

Qiao Ge's heart moved. This is really possible.

Penang is nearly 300 kilometers away from the capital, which is quite a distance.

The other party's main plantations are near the capital area and to the south, so this area is equivalent to an enclave, and it may be a bit inconvenient to manage.

In addition, the main acquisition objects of IOI Group are plantations during the peak period, so the importance here is lower for them.

So if we have a good talk, the chances are great.

"Boss, I also heard that IOI Group is competing for a large plantation recently. The total price is not low. Their funds must be a little tight. After all, they have been investing in acquisitions over the years." Moeller added.

"Okay, please make arrangements and contact the IOI Group as soon as possible. We can go directly to them to discuss the acquisition." Qiao Ge immediately made a decision.

Moeller's work efficiency was indeed guaranteed. Early the next morning, he went to the plantation to find the management staff and explained his purpose. The management staff reported the matter to the group.

It is impossible to respond immediately to such a big matter, Qiao Ge can only wait for news.

Two days later, they got the news and IOI Group asked them to go to the company headquarters to negotiate.

So Qiaogo and Moeller took a plane with their lawyers, bodyguards and others.

The current scale of IOI Group is naturally not as big as in the previous life, but now it has become a trend and is somewhat famous in the local area.

Qiao Ge did not expect to see Li Shenjing himself in the conference room. He is now 47 years old. For such a strong man in the business world, now is the time when he is young and powerful.

But he thought it was because of Maurele Maupassant, a Frenchman. If the locals wanted to acquire the plantation, it was unlikely that Li Shenjing would come forward in person.

Foreigners, especially those from Western developed countries, are very popular.

Qiaogo's current identity is that of Moeller's entourage, and he is introduced to the public as the son of a good friend of Moeller.

As soon as Li Shenjing opened his mouth, he said that he was reluctant to sell the plantation. Considering Moeller's status as a foreigner, he could transfer it if the price was right.

Qiao Ge secretly sighed that the other party was not prepared to make a big concession.

Naturally, it was Moeller who spoke out on his side, and he was now just a little follower.

"I wonder why Mr. Maupassant wants to acquire plantations? You must know that many people, especially foreign companies like yours, are leaving this industry." Li Shenjing asked in English.

Although Moeller is French, Li Shenjing did not speak French. After learning that Moeller knew English, she communicated directly in English.

Li Shenjing understands many languages. When she was a child, she didn't know Malay well and spoke it very badly, so she worked hard to learn it. Later she learned English, Hindi and so on.

"Then why is Mr. Li still purchasing a large number of plantations?" Moeller smiled and said, "We should have the same idea. We are optimistic about the market outlook and the palm oil industry."

Li Shenjing laughed. He firmly believed in the prospects of the palm oil industry, otherwise he would not have invested so much.

"RM50 million." Li Shenjing bid.

"It's expensive. The market price is around 30 million." Moeller said.

Li Shenjing did not continue the quotation immediately, but pondered for a while and said: "I heard that Mr. Maupassant's Binlin Plantation Company is planning to acquire some plantations. Then my plantation will be merged into your company's name and shares will be given in proportion. We It’s a cooperative relationship, how about it?”

Moeller was stunned for a moment, this was so unexpected.

When he came over, he had thought about how much the other party would quote, and what the approximate base price would be.

But I never thought that the other party would want to invest in it.

Moeller couldn't make up his mind.

According to his idea, it is not impossible for the other party to buy shares, because the price of the other party's plantation is around 40 million.

Because the debt must be repaid, the discount must be discounted, so the price of RM30 million was paid to IOI Group.

The value at that time should have been around 50 million ringgit. Now plantation prices are falling, so it is almost 40 million ringgit.

Qiao Ge’s investment is nearly three times his, so his side still dominates.

The other party is a local company and has quite a reputation. In many cases, we can rely on the other party's reputation when doing things.

If Qiao Ge is not here, then he can decide whether to agree.

But now, Qiao Ge is beside him, and his boss still has to decide on this matter.

He couldn't help but turn his head slightly and glance at Qiao Ge.

Jogo noticed Moeller's movements and just gave him a look.

Moeller understood.

"Mr. Li, I have no plans to let other companies take shares for the time being. Let's continue to negotiate the purchase price." Moeller said with a smile.

Qiao Ge definitely doesn't want IOI Group to take a stake. Not to mention the other party's future success, the current strong strength lies here.

Especially when I was just starting out, if I didn't do well, he would swallow me up.

After you have enough capital, it will not be too late to discuss cooperation.

It's best to keep your distance now.

Qiao Ge is not afraid that the market is not divided enough, leading to malicious competition.

The palm oil market is huge and cannot be monopolized by one or two companies.

"Okay." Li Shenjing was not dissatisfied after her proposal was rejected, and she said with a smile.

After more than an hour of back-and-forth bargaining, the deal was finally settled at RM40 million, but the price had to be paid in full within two days.

Qiao Ge's funds are all in place, so of course there is no problem with this payment term.

Moeller's initial offer of 30 million was based on the lowest price of RM6,000 per hectare, which was obviously impossible to close.

It has to be said that Li Shenjing’s plantation has a very good location, terrain, etc. The price of RM8,000 per hectare, Qiao Ge thinks is quite appropriate.

With this land, Qiaogo took over several surrounding plantations, and then they were connected together.

Of course, it is not really connected. There must be various gaps in the middle, such as hills, roads, etc. It can only be said that this large area is almost all Qiaogo's plantations, and it must be much more convenient to manage.

~~~~

Note: The monthly ticket is 1,000 on the last day of July. It’s a good risk. As agreed, I will add an update tomorrow, at 6pm. Tomorrow is a new month, please vote for me, thank you all for your support, thank you very much.

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