Reborn as the richest man in India

Chapter 357 670 million liquidated damages, in US dollars

The transfer of funds can be understood, but Manti is still confused. When Qiao Ge founded Binlin Company in September of the previous year, he didn't have much domestic assets at that time, right?

It is completely incomparable to what it is now.

Did you come to invest in the Malaysian palm oil industry at that time?

And this investment amount was definitely a huge sum of money for Qiaogo at the time.

Such courage?

"Could it be that that boy is just targeting our Sitharaman family?" As soon as this idea appeared in Manti's mind, he immediately rejected it.

It was too early for Qiao Ge to come to Malaysia to invest. There should have been no conflict between his Sitharaman family and Qiao Ge at that time, right?

But it seems wrong to say that there is no conflict.

Jena targeted Djogo several times in Mumbai at that time.

But just because of that, Qiao Ge dared to think of attacking his own Sitharaman family?

Moreover, the import of palm oil has been liberalized, and that is now a matter of fact. Is it possible for Jogo to predict the future?

So this matter is impossible no matter how you think about it.

It can only be said that Qiao Ge was very lucky. He probably just wanted to invest overseas at that time. Who would have thought that now that domestic palm oil imports have been liberalized, he has become the biggest beneficiary.

Later, his family came into conflict with Jogo, and the import of palm oil turned his investment in Malay into a huge threat to the family.

What other explanation is there other than coincidence?

Wanting to think about it, Mandy had to return her mind to reality.

Binlin Company is Qiao Ge's company, so he has a stable source of palm oil, and 20,000 tons per month can definitely be guaranteed.

Judging from the information he received, Binlin Company's monthly refined palm oil output is almost this amount.

Whether it is purchased at a high price or imported at a low price, whether it is palm oil or money, it belongs to Qogo.

The difference here is that palm oil is imported at a high price, and it is bought with real money.

Before, he thought that his price was not low, but thinking that the prices of other competitors would definitely be higher, of course he was still a little secretly happy.

But now compared with Qiao Ge, he is completely taken advantage of.

What's even worse is that it's very troublesome for me to break the contract now. The price of breaking the contract is too high and it's fatal.

"Go back to China." Mandy yelled, "Buy a ticket and go back immediately."

This matter was completely beyond his control, and he had to ask the clan leader to make a decision.

"General Manager, you can still fight for some companies." His subordinate said hurriedly.

Mandy kicked him hard: "I asked you to buy a ticket, where did all this nonsense come from?"

What else are we talking about at this time?

The more we import, the more we will lose.

On the contrary, Qiao Ge's side is sitting firmly on the Diaoyutai and is not afraid of competing with his own side.

He owns Binlin Company, so what else can he do?

Manti couldn't help but think of cheating on the Transcendence Group exam. Isn't Qiao Ge's behavior equivalent to cheating?

Who can beat him in terms of cost when bringing back his own things to sell?

Mandy came back in a hurry, and this time her mood was not very beautiful.

When he reported this important information to the clan leader, the furious Labu kicked him to the ground.

If it weren't for someone holding the Lab next to him, Manti would probably have turned into a pig's head at this time.

"We only found out about this kind of news now. What on earth do you do for food?" Labu's chest kept rising and falling, and he was so angry that he almost lost his temper.

Mandy felt aggrieved, could she blame herself?

At that time, I was in a hurry to find a supplier, and Binlin Company was Qiaogo's supplier. I didn't consider it at all, so I didn't do more research. I also told the clan leader about these things.

Why didn't you comment at that time?

If something happens now, is it my fault?

After thinking about it, Manti didn't dare to argue anymore. After all, this kind of thing was still a problem for him as the person in charge.

The impact of this incident was so great that it almost overturned the Sitharaman family's previous plans.

Therefore, Rab hurriedly summoned Kehas and others to discuss the next remedial measures.

The atmosphere in the conference room was depressing.

After Kehas and others arrived, they were all shocked by the news.

Oh my God, let’s not talk about how that kid Qiao Ge managed to create such a behemoth as Penang Company in Malay. It’s simply outrageous that this information has only been known until now.

It's already late June. It's been almost two months since the palm oil import liberalization policy was introduced. What are Manti and the others doing during this period?

Are you going sightseeing in Malay?

Kejas had some doubts in his heart whether he was right or wrong in cooperating with the Sitharaman family. The people working here were so unreliable. He was killed by his own people before he even fought with his opponents. How could he fight?

Manti stood aside with his head lowered and his energy was listless. He described the situation in Malay to everyone in detail.

He knew that he was finished and that the various positions in the family would have nothing to do with him in the future.

Before, I was still mocking Jena, but now I am fine, and I have fallen into this situation.

But now that Jena is with Qiao Ge, he has turned over, but what about himself?

Mandy couldn't help but feel a chill in her heart.

When he was proud, he also offended many people. Even if his background was much stronger than that of Jena, and no one would kill him, the days that followed would definitely be difficult.

The gap is huge.

"I think we have to give up on the palm oil business," Khas said solemnly.

"Give up? Give up the palm oil market to Jogo?" Rab shouted, "How is this allowed?"

His target is the entire edible oil market. Without the palm oil industry, his map of the edible oil kingdom would be incomplete.

"Why not?" Kejas asked, "Stop the loss in time. We now need to ensure the traditional cooking oil market. If there is another problem here, we will not be able to turn around."

Rab didn't know this, but the Malay contract prevented him from giving up just like that.

When Rab revealed the price of breach of contract, Khas and others were completely speechless. Were they just trying to hide it?

Do you dare to sign under such harsh conditions?

If you withdraw from the palm oil industry, you will definitely not import any more, which means a breach of contract. That is nine times the transaction amount, which is equivalent to giving money away in vain, and you will get nothing. .

But if this continues, the same thing is giving money to Malaysian palm oil companies, and the same thing is giving money to domestic consumers, because they are all selling palm oil at a loss.

This is not just a short period of time, but three years. How much will it cost?

At this time, everyone completely ignored the premise that Manti dared to sign such a contract. At that time, it was to monopolize the import of palm oil. Manti did this to ensure that he could get the most palm oil.

But now, the situation has reversed, who cares what you thought before or what the situation was.

In short, this decision is extremely stupid.

Rab will definitely not take the blame, so it can only be Manti.

Manti could only endure all kinds of belittling and scolding, shivering in the corner, worried about his upcoming tragic fate.

"Come here, expel Manti from the family, and take back all the family property." Rab slapped the case and stood up.

"Patriarch, please spare my life!" Mandy begged for mercy with tears streaming down her face.

But at this time, who can spare him?

He was quickly pulled out of the conference room.

"Patriarch, I have reported these things to you and got your permission. I am just going to carry it out~~ah~~" Manti outside the door wanted to argue, but in the middle of his words, there was a 'Papa' sound. A few times, then Mandy screamed, and then there was no sound.

Apparently he was slapped hard on the mouth and probably couldn't make any more noise.

Everyone present looked at Rab with a hint of suspicion.

"That kid is a bastard. He did something wrong and still wants to shirk responsibility." Rab was shocked and hurriedly explained.

Originally, he thought that Man would take the blame this time, which would help him shoulder a lot of responsibilities. Even if he was expelled from the family, he would secretly make some compensation.

I didn’t expect this idiot to yell so loudly, how could he get off the stage?

If that's the case, then let it fend for itself.

Everyone understood what was going on. Rab must be responsible for this matter, but no one would tell anyone about it.

What’s the point of holding anyone accountable now?

How the matter is resolved is what matters most.

If he continues to engage in a price war with Qiao Ge according to his previous plan, he will really become an idiot on his side.

"If imports are stopped, how to deal with this breach of contract? Nine times the liquidated damages, then~~it will still be US dollars." Deliha Jia had sweat on his face.

Although he was not responsible for this matter, they still had to share this debt.

Thinking about the previous merger with the Sitharaman family, I thought I could enjoy the dividends comfortably.

The ideal is beautiful, but the reality is cruel. This is not even making money, so it is such a huge loss.

The price of 10,000 tons from IOI Company increased by 50%. Last time, the price of 15,000 tons from the other seven companies increased by 45%. This time, Manti found several more companies and negotiated a total of nearly 10,000 tons, and the price also increased by 45%. %.

If calculated based on the current international average price of palm oil of US$1,450 per ton, it would be US$74.31 million per month. If the compensation is 9 times, it would be US$668.8 million, or nearly US$670 million.

Now one US dollar can be exchanged for 14 rupees, which is nearly 9.4 billion rupees.

But the contract stipulated that the liquidated damages must be repaid in US dollars, and they did not accept rupees.

Not to mention the Sitharaman family, even if the country's foreign exchange has been very tight recently, how could they allow themselves to remit so much foreign exchange.

Are you here to discuss cooperation?

Or to spend money?

No amount of assets can withstand such a torment.

When the price was calculated, Kehas was silent, and he cursed Rab in his heart.

If a pig were replaced as the leader, the result wouldn't be worse than this.

"We don't care about the liquidated damages outside." Khas took a deep breath and said.

670 million US dollars, are you making an international joke?

How could I possibly get it here?

If I really take it out, I'm afraid my side will also collapse.

"Didn't pay?" Lab was stunned for a moment.

"Otherwise, what should I do? Do you have a better way?" Kehas said coldly.