Reborn as the richest man in India
Chapter 259 Investing more than 6 billion (please ask for monthly votes at the end of the month)
Only Qiao Ge knows how much money is in the account of Panda Foreign Trade Company.
"Of course, otherwise how could I come here?" Qiao Ge smiled at the old Gupta.
As a cheap dad, I still have a good way of managing the plantation, and I manage it very well.
He probably still has the experience of being a boss. Even if he changes to another place, even if the number of employees he manages this time increases many times, the old Gupta can still cope with it.
He himself is quite capable, otherwise he would not have been able to work his way from a poor boy to a millionaire.
When I was deceived that time, I was deceived out of greed. Otherwise, if I was safe and sound, my life would definitely be good.
So Qiao Ge felt that he could let the old Gupta do more work in the future. After all, parents are the closest to him, and there are certain things that they can do most reliably.
After hearing this, the elder Gupta said nothing more.
I can no longer understand this son at all.
However, his son is successful and his career is getting bigger and bigger, so he is naturally happy.
He doesn't know much about this business matter now, so he just needs to listen.
Fayes and Moeller were silent for a moment. Although they had guessed the result, they still felt a little uneasy after hearing it from Qiaogo.
Moeller is actually quite good. He is not responsible for the specific operations.
But Fayez is different. He will be responsible for the palm oil industry in the future. The bigger the investment, the higher his status will be in the boss's team in the future.
After being stimulated by the three major industries of organic agriculture, Fayes also wanted to express himself.
Now is a broad stage.
If the acquisition is done at 270 million this time, the boss's investment in Malay will reach 520 million U.S. dollars, equivalent to an investment of more than 6 billion rupees.
As far as he knows, the boss has not made such a huge investment in any industry.
Fayez was unaware of the Gupta Square project as he was abroad.
However, the Gupta Square project does not belong to Qogo personally. If he owns 67% of the investment, it is similar to palm oil.
In addition to the initial investment of 3 billion, everyone there will rely on loans in the future. Therefore, the largest amount of real investment is from the palm oil side.
Moreover, Fayes also knows the boss's thoughts. He will not stop just because of the acquisition of Guinness Palm Industry Company, and will continue to expand. This undoubtedly makes him extremely excited.
"Stop talking about this, make an appointment with the other party and settle the matter as soon as possible." Qiao Ge said.
Once the money is in place, there is no need to delay it any longer, lest something unexpected happens.
"Boss, don't you want to read this information?" Fayes asked.
"I believe you." Qiao Ge smiled.
"Boss, we just agreed to continue the negotiation tomorrow morning." Fayes replied.
"Then it's settled."
Qiao Ge believed them, but he still had to read the information.
That night, Qiaogo carefully read the information given by Fayes.
The information was very detailed. After reading it, Qiaogo could probably imagine some of the assets under the name of Guinness Palm Industry Company.
There are oil palm plantations, warehouses, transportation fleets, oil pressing plants, refining plants, and oil palm scientific research departments. In short, all the supporting facilities for the palm oil industry are in place.
In particular, the scale of Guinness Palm Industry Company is not small, and these supporting facilities are the most advanced. If it is given to Qiao Ge, it will be enough without having to purchase too many supporting facilities.
The main reason is that most of the oil palm plantations purchased by Qiaogo are saplings. Even some of them are in their peak production period and occupy a small area, so the palm oil output is not large.
However, Guinness Industrial Company has nearly 20,000 hectares of oil palm plantations under its name. Unlike Qiaogo, most of which are saplings, most of them are in their peak production period, so the price will be much higher. This area is also the company's most valuable, according to the valuation Probably more than 250 million US dollars.
This is because the price of plantations has gone up a bit recently. Otherwise, the lowest price would be US$200 million.
The other assets add up to about 100 million.
After all, according to the valuation, Guinness Palm Industry Company has 350 million.
As for their 300 million offer for sale, they still want to sell it as soon as possible, so naturally they need to give a discount.
As a buyer, Qiao Ge, of course, wants to pay back the price a little more.
These assets are all valued by Qiao Ge and are of very high quality.
Especially the scientific research department, Guinness Oil Palm Industry Company is very willing to invest in this aspect, and has made many achievements in oil palm seed selection, diseases and insect pests, etc.
The oil production of their oil palms in the same area is obviously higher than that of their counterparts. In addition to seed selection, there are also various reasons for their good management.
It has to be said that foreign capital from these developed countries is still very willing to invest in scientific research.
However, local companies in Malaysia do not have this awareness.
Maybe they also set up some kind of scientific research department, but it was just a show, with almost no capital investment.
How to do research and development without capital investment?
Qiao Ge can understand their thinking. Anyway, you can make money by doing this, everyone is the same.
Instead of spending money to increase the yield per acre, it is faster to expand the planting area and the cost is obviously lower.
After all, scientific research often fails. Even if a large amount of money is invested, it may not succeed in a year or even several years, and many people are unwilling to invest.
But this is now. After the planting area continues to expand several times later, it will be difficult to expand.
One is the scale, the land issue, and the shortage of oil palm labor in the Malay side are a very big restriction.
Originally, the main labor force came from Indonesia. Later, as the local oil palm plantations in Indonesia continued to expand, and finally far surpassed the Malay ones, the demand for their workers became greater, and the number of laborers coming from Malay became even smaller.
The subsequent decline in palm oil production in Malaysia was often not due to climate, but due to a lack of workers and the inability to pick mature palm fruits in time. It can be said that the losses were huge.
Therefore, these foreign-funded companies are definitely far more forward-looking than local Malay companies.
Of course, Qiao Ge attaches great importance to the power of scientific research and has no doubt about the role of technology.
The next day, Qiao Ge and others arrived at the headquarters building of Guinness Palm Industry Company in Kuala Lumpur.
This is the company's property. If nothing unexpected happens, after the acquisition, it can be used as the headquarters building of Benlin Company.
Qiao Ge flew directly to Kuala Lumpur this time and did not go to Penang.
Fayez and others were almost all living in Kuala Lumpur before. Not to mention having to negotiate with people from Guinness Palm Industry Company every day, there would be a meeting every two or three days, so it was impossible to travel back and forth between Penang and Kuala Lumpur.
The last negotiation was two days ago.
"Why isn't Mr. Thomas here?" Moeller saw that Robert Thomas, the general manager of the Guinness Palm Industry Company, was not among the people present, and the leader was only the assistant to the general manager.
"Mr. General Manager happens to be away for something, so I will be in charge today." The assistant smiled.
"Let Mr. Thomas come, we must have a result today." Moeller said with a serious expression.
He is French, so there is no need to give any face to the British on these occasions. They are almost equal.
If it were Fayes who went up, the other party would definitely despise him. There was nothing he could do, it was determined by national strength.
The assistant was stunned for a moment. He stared at Moeller for a while and found that Moeller's sharp eyes made him a little bit uncomfortable.
He realized that today might not be the bargain he had been before.
To be honest, we have been discussing the purchase price for a long time during this period, but in the end there was no result.
So the general manager doesn't plan to come today.
"Wait a minute, I'll ask the general manager when he will be finished."
After that, Qiao Ge and the others waited for another ten minutes before a blond middle-aged man in his forties walked in.
"Aha~ Mr. Maupassant, I'm really sorry. I happened to have an important client just now, so I wasted some time. I'm sorry." Robert Thomas came over to apologize.
He has nothing to do today and is just in the general manager's office.
The assistant said that Maupassant seemed to have made a decision, so he didn't dare to neglect it, because he was really eager to sell the company.
"Mr. Thomas, I think nothing is more important than the sale of your company right now, right?" Moeller asked coldly.
Robert was stunned for a moment by these words.
"I'm so sorry." Robert bowed to Qiao Ge and the others solemnly this time to apologize.
He knew that his little trick could not be hidden from Maupassant.
The company is about to be sold, so where are the important customers?
Generally speaking, even if you lie, the other party will not expose it.
I just didn't expect Maupassant to be so serious.
In the past, he would have been too lazy to care, so what if he lied?
It’s different now, big things come first.
For now, Maupassant and his family are really just planning to acquire the company as a whole.
Although the split can be sold, it will be a lot of trouble after the split.
For example, some high-quality properties are definitely easy to sell, but some useless properties are difficult to sell and cannot sell at high prices.
There will be a lot of trouble at that time, and the money recovered may not be as much as the whole package sale.
So when he meets a relatively sincere buyer, he doesn't want to really piss him off.
"I accept your apology, then let's continue with the acquisition." Moeller didn't continue to worry about anything, just suppress the other party, "I just said, there must be a result today, either the acquisition, or we will do it tomorrow Won’t come again.”
"Okay, happy." Robert laughed.
Thinking about it, he was a little impatient after it had been delayed for so long, and I believe the other party was too.
"Since you are so happy, I will give you a little more, 265 million US dollars." Robert said again.
Moeller smiled and said: "Your company's parent company in the UK spent 2.7 billion pounds (approximately US$4.6 billion) to acquire United Breweries last year, and its debts soared, so it is thinking of selling some non-core industries, especially overseas. Some non-core industries..."
"Mr. Maupassant, there is no need to mention these things again. Everyone knows why we want to sell." Robert interrupted.
Regarding the situation at the parent company, the other party will definitely inquire about it. After all, the acquisition amount is not too small.
Moreover, I didn’t hide anything about this. I almost told everyone openly that the parent company was eager to withdraw some funds.
Originally, the main business of the parent company was beer. Last year, it merged with the United Brewing Company, a spirits company that mainly produces whiskey, to expand the company's business scope. However, this made the parent company's debt relatively high.
It's obvious that there's no point in trying to use this to lower the price.
Because I was in a hurry to buy it, the price itself had already been reduced.
"Don't get me wrong, I thought today is the last day, so let's start from the beginning and see if we have missed anything." Moeller grinned.
Robert secretly cursed the stinky Frenchman.
He probably understood what Moeller was thinking. Was he trying to remind himself that the parent company was in a hurry to use money?
But even so, it is impossible to make a larger concession.
The price is really low.
At worst, it's a little more troublesome. If you take it apart and sell it, you should be able to sell it for this price, right?
"That's right, then Mr. Maupassant, please continue." Robert chuckled.
He scolded Moeller a thousand times in his heart, but he still smiled on the surface.
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