Reborn as the richest man in India
Chapter 258: US$500 million going overseas (please ask for monthly votes at the end of the month)
Yas also called Qiao Ge specifically to ask about the high-end brands being pried away.
Jogo could tell that he was still a little concerned about the impact this would have on the Gupta Square project.
In this regard, Qiao Ge gave him a good explanation.
Although Huida also called Qiao Ge, he trusted Qiao Ge very much.
Since Qiao Ge said it was okay, he must be okay.
This attitude is still different from Yas.
Qiao Ge thinks this is normal.
I have been in contact with Huaida for a long time, and he knows me better.
Yas and I have just cooperated. This project is not small, with an investment of tens of billions.
If the project in New Delhi is affected, it means that future Gupta Square projects across the country will also encounter Waterloo.
If it fails, Yasi will definitely stop the loss in time, such as withdrawing from the cooperation.
There are still a lot of reports about the Gupta Square project in newspapers, especially after this incident happened, the popularity became even higher.
Qiao Ge was happy to hear this.
This is free advertising for your own Gupta Square.
The more people think they will fail, the more they will take a look when it opens.
Qiao Ge believed that as long as they came, he would win.
As long as you compare your own shopping mall with those so-called traditional department stores, it will be clear at a glance who is better and who is worse.
So Qiaogo told News that his newspaper should often report on the progress of the project. If there is no progress, he can stir up some topics, direct and act on his own, and create some confrontation. The purpose is to hype and maintain the popularity.
What does a new business form look like?
I believe everyone is curious.
As for the decoration and layout of the shopping mall, Qiao Ge has also implemented a blockade to prevent outsiders from entering to inquire about information, take photos, etc.
It smells like hunger marketing, whetting everyone's appetite first.
Of course, there will also be channels for announcing the progress here. We can't keep it hanging, otherwise it might cause public outrage, which would be bad.
As for this main channel, naturally it is the big news newspaper.
After all, it is your own newspaper, and exclusive news cannot be given at an advantage to others.
The sales volume of Big News is increasing, and according to News’s estimation, it will reach the top ten in the country in a while.
To be able to achieve this step, in addition to the difficulty of News itself, there is also the large financial support from Qiao Ge.
Of course, it must be added that Qiao Ge has been in the news a lot recently, and he, a newly rising young rich man, naturally attracts people's attention.
Especially young people, who doesn’t want to be the next Djogo?
Qiao Ge is now definitely a national idol and a money-making idol.
Everyone wants to know about his movements.
As for the news about Qiaogo, major news newspapers reported the most, which can be regarded as increasing sales and expanding influence.
The time soon came to the end of March, and the transaction with Lupa went very smoothly.
Borrowing his US$300 million to import petrochemical machinery and equipment, Chou Gordo transferred US$350 million to the account of Panda Foreign Trade Company.
In addition to the rice exports of the Pandit family, as well as those of his friends, and the transferred foreign exchange from his own import and export, nearly 150 million US dollars were transferred.
Therefore, the account funds of Panda Foreign Trade Company soared by US$500 million in just over a month, and the funds that traveled across the ocean were mainly used in Malay.
Although he turned around, Qiao Ge still felt a little weak. The movement this time was really quite big.
After all, the import and export volume reached more than 1 billion US dollars, which is a very astonishing figure.
Even if it was not all at once, but spread over a period of more than a month, this was still very shocking.
However, the benefits of Lupa's participation are also reflected. Even if some people think that the price is too much, it is probably because Lupa secretly collects the benefits.
Not many people dare to check the accounts related to the Vasayan family.
Now Qiao Ge is a little dissatisfied with making small fuss, and since he wants to turn around this time, he will turn around more.
Maybe one day I will be under key supervision, and then it will be difficult to transfer foreign exchange like this.
At least in the next period of time, I have to be more honest and responsible.
Although the purchase price of the company in Malay is US$300 million, even if it goes up to tens of millions more, my own money is completely enough.
Mainly, he also wants to keep more funds outside, and I believe there will be many opportunities.
You can only buy when you have money, and you will definitely not lose money if you buy now.
Everything was done, so there was nothing to worry about. Jogo flew to Malay on April 1.
In March, Qiaogo's income was more than 3 billion rupees. After the US$500 million was transferred out this time, there were still more than 2 billion rupees in domestic account funds.
Qiaogo repaid and borrowed the money he borrowed from the bank as a mortgage last year.
Although I am not short of funds now, I still have to borrow money from the bank.
Nowadays, banks are very willing to lend to themselves, and with Kuna's presence, there are many discounts in terms of quota and interest. Wouldn't it be a fool not to borrow?
After Malay's acquisition of the company was completed, Qiao Ge thought that he could borrow more from the bank, and many of the assets in his name could be mortgaged.
As for what to borrow money for, Qiao Ge decided to buy some paddy fields and pay attention to food. He wanted to be a big landowner and grain merchant.
Don’t be the kind of big grain merchant that just buys other people’s rice. This kind of big grain merchant may have problems at any time.
For example, a supplier is poached or something like that.
This was the case with the Pandit family in the past.
Although their family owns a lot of fields, the proportion of their rice sales is still too small.
Therefore, it is still very necessary to increase the proportion of your own production.
In fact, everyone wants to do this, but unfortunately this kind of capital investment is huge and not many people can afford it.
Qiao Ge had thought carefully about this investment.
He has a lot of idle funds in the country, and he will slow down on other large investment projects.
Not to mention that there was nothing suitable, even if there was, he would not dare to do it in such a high profile anymore.
On the contrary, agriculture will not attract too many people's attention. After all, most of what he will do next will be traditional agriculture. Qiao Ge feels that this is in line with his subsequent low-key behavior.
Isn’t it normal to buy land when you have money?
Besides, agriculture is the lifeblood of a country, especially food. The country is also happy to invest in this industry and will definitely support it.
Since the country likes and supports it, Qiaogo will do it.
He is a good, law-abiding citizen, not a speculator.
However, Qiao Ge still thought that he would take care of most of the food, clothing, housing and transportation in India in the future.
It is not easy to be their food and clothing parents and to support so many people.
But the more you do this, the safer you will be.
There will come a time when no one on stage can touch themselves.
Qiao Ge feels that he has to continue to work hard, but he is still too far away from that goal.
Therefore, no matter what Qiao Ge does next, he will still have ample funds, whether it is abroad or domestic.
"Boss, this is the relevant information about Guinness Palm Industry Company." Fayes respectfully handed the information he had carefully collected to Qiaogo.
"Please tell me in detail first." Qiao Ge said.
There are four people in the office, Jogo, Sr. Gupta, Fayez and Moller.
He would read the information Fayes gave him, but he wanted to hear Fayes' report first, which would be more direct.
Today's overseas communication is inconvenient, mainly through telegrams, so Qiao Ge doesn't know much about this company.
However, in the previous life, this company was still very famous.
Have you ever heard of Guinness Records?
This is the successful idea that this company came up with.
Of course, the Guinness Palm Industry Company in Malaysia is just a subsidiary of the British Guinness Group.
Guinness Group's main business is beer brewing and it is a British beer giant.
So Fayese immediately detailed the various negotiations he had with Guinness Palm Industry Company for more than a month.
Since receiving Qiaogo's instructions, Fayes immediately started negotiations with the other party.
The other party offered US$300 million, so the negotiation definitely didn’t start with US$300 million.
Fayez offered $200 million. After a month of back-and-forth bargaining, the other party is now holding on to $270 million.
"So 270 million US dollars, what do you think of this price?" Qiao Ge asked.
"Boss, it is absolutely possible to acquire it." Fayes said with bright eyes. "According to the normal valuation, it is at least US$350 million. The main reason is that the other party is eager to withdraw funds, coupled with the fact that it is not optimistic about the later market of the palm industry, so Only then will they be sold at a low price.”
Of course Qiao Ge knows that it will be a good deal to buy it now and look back in a few years.
But it's a little bit lower. It's really not easy to transfer these dollars by yourself. It's a big risk.
"Are there no other companies competing with us?" Qiao Ge asked.
"Yes, but their quotation is more cruel than ours." Fayes smiled and said, "Especially the IOI Group, they quoted US$150 million."
Qiao Ge smiled. He was offering a 30% discount, while Li Shenjing was offering a 50% discount. This was a bit exaggerated.
Suddenly he thought, no, could it be that this company is the British Palm Industry Company that Li Shenjing later acquired?
Qiao Ge knew that Li Shenjing acquired the palm industry in Malay from a British company in 1989. It was this acquisition that made the IOI Group one of the top five palm industry companies in Malay.
I can’t remember the specific name, but it probably wasn’t my own.
At that time, Li Shenjing’s acquisition price was approximately 500 million ringgit, or about 250 million US dollars.
Now in 1987, prices were at a low level. By 1989, palm oil prices had already risen, so the valuations of these companies would also increase accordingly.
In other words, the current value of the company Li Shenjing acquired later is much lower than that of Guinness Palm Industry Company.
I didn't expect that I and Li Shenjing would become competitors. There was nothing we could do about it. It was inevitable in this industry.
In fact, Qiao Ge wanted to become a joint partner with him.
In Malay, many of the top-ranked palm industry companies have local government backgrounds, while IOI Group is a private company and Chinese.
The main thing is that Qiao Ge knows how powerful Li Shenjing is, and the industrial layout in his previous life shows his vision.
"However, I have investigated the IOI Group and found that they do not have the funds to acquire it. They probably still want to wait for the Guinness Palm Industry Company to be split and sold, and then they will choose the appropriate parts to acquire." Fayes said with a smile. , "Some other companies have similar thoughts. Their bids are not sincere, and they want to acquire the company as a whole, but they don't have enough funds."
Of course, Fayes has to investigate some potential competitors.
"Oh?" Qiao Ge raised his eyebrows, "That's great."
That's good. If you really fight with Li Shenjing over the acquisition of this company, I'm afraid you will become enemies.
Since the other party does not have the funds, then acquiring it yourself is not considered as offending the other party, and there will still be opportunities for cooperation in the future.
Now that there is no one competing with him, the cost of winning this company should be smaller.
"Boss, have you really raised enough dollars this time?" Moeller asked.
Even if it is 270 million US dollars, it is still a huge amount of money. Can Qiaogo really transfer it from India?
Fayes stared at Qiaogo expectantly.
He must have confidence in his boss. If the boss doesn't have enough funds, why would he come in person?
In fact, Moeller didn't understand that Qiao Ge's funds should be almost there, he was just curious about how Qiao Ge transferred it out.
"Jogo, is there really 300 million U.S. dollars?" Old Gupta's voice was a little trembling. He has also been working hard recently to learn English.
So he probably understood what Moeller said.
He now only has a vague idea of his son's assets.
It was said to be over 10 billion rupees, and he couldn't believe it was true.
How long has it been since my son started doing business? Why has he made so much money?
And this is 300 million U.S. dollars. If converted into rupees, it would be nearly 3.8 billion.
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