Resource Tycoon Reborn
Chapter five hundred and forty third vibration
The two hands were tightly held together! This means that the Fang family has invested in Samsung Group and the two parties have reached a consensus on the general direction!
As for the specific terms of the contract, how much money the Fang family has invested, how many shares it holds in Samsung Group, and all other conditions, that is not what they need to consider. There will naturally be specialized negotiators to resolve these issues!
Li Jianxi only felt that the huge stone that had been weighing on his heart for a long time disappeared into thin air at the moment of shaking hands! Although the Fang family's investment will undoubtedly dilute the Li family's profits from the Samsung Group, his father
If the industry left behind can be preserved, this is the greatest victory! Moreover, Li Jianxi also has strong confidence that as long as he is given ten years, he will definitely be able to acquire all the shares of Samsung Group from Fang Mingyuan, so that
Samsung Group becomes a family business of the Lee family again!
Fang Mingyuan was also beaming with joy. After all the twists and turns, and giving up a lot of benefits, he finally reached a consensus with Li Jianxi before the Korean government reached an agreement with the International Monetary Fund!
Although the loan obtained by the Korean government after reaching an agreement with the International Monetary Fund is compared with its huge debt, it can only be said to have alleviated the difficulties faced by South Korea. Please keep in mind
Otherwise, the citizens of South Korea would not have gone out of their way to sell all the gold and silver products at home to the government in order to repay the huge debt owed by South Korea!
Although Samsung Group is one of the important companies in South Korea, part of these loans will definitely be allocated to it. In this case, it may be more difficult to reach the current agreement with Li Jianxi! After all, in the previous life, I did not have myself
With his intervention, Samsung Group survived well, except that it transferred part of its business and obtained part of its working capital!
"Director Millington, can we start making preparations now?" Fang Mingyuan smiled, "I believe your company will do a great job in this matter!"
"Mr. Fang, you can relax. Our bmo financial group is a world-class financial services company. We can provide customers with high-quality and satisfactory services!" Millington vowed. But he had already made up his mind, no matter what, he would do it.
Turn Fang Mingyuan into an important customer of the company! If a customer like Fang Mingyuan, the third largest shareholder of Microsoft, can choose a financial institution to manage his finances, this in itself is an affirmation of the financial institution's services.
!This will play a huge role that cannot be ignored for bmo Financial Group to develop international markets and Chinese markets!
Millington was also very excited at this time. Not only did he successfully recover the huge loan on time that might have been delayed or even lost (
), and also met a new customer with huge strength like Fang Mingyuan. With these two items alone, it is certain that his work this year will be rated as excellent! And behind this is a generous reward!
He is even considering whether to convince the company's upper management whether to lend to Samsung Group again after recovering this loan from Samsung Group!
Millington believes that although South Korea's economy is now in trouble
But if the Samsung Group can really get tens of billions of dollars of investment from the Fang family, it will definitely not increase the confidence of the financial institutions that have already loaned money to the Samsung Group. Originally, the Samsung Group could not get the loan despite all its efforts.
The extension of the license, after such a huge investment, will make many people tempted!
Millington has always been concerned about the Samsung Group due to its huge debt. In his opinion, although the existence of Samsung Motors has hindered the Samsung Group.
But on the whole, as Fang Mingyuan said, Samsung Group still has considerable investment value! Its leaders are trustworthy, its development direction is not wrong, and its production and sales channels are normal.
If it solves its capital turnover problem, it may be a good opportunity for its further development at this difficult time in South Korea's domestic economy!
Moreover, the entry of Fang Capital will also help Samsung Group enter the Chinese market more smoothly. In this case... the future of Samsung Group can be said to be quite bright.
If BMO Financial Group first made the gesture of continuing to lend money to Samsung Group, then this kind of help in times of need will undoubtedly be thanked by Li Jianxi and Fang Mingyuan! Such an excellent customer is also very important to BMO Financial Group
Important!
"If Director Millington believes in my investment vision, I hope that your company can issue another loan to Samsung Group after recovering this loan. Money will only make money when it is flowing, right?"
Fang Ming has a long way to go.
"Mr. Fang is right. Now that you and Chairman Li have reached a preliminary agreement, we are indeed considering and evaluating whether you should continue to lend money to Samsung Group if you can formally sign an investment agreement!" Millington
Immediately said. Fang Mingyuan is right. In today's global economic development, East Asia is undoubtedly a bright spot. After this huge sum of money is recovered, it cannot always be kept in the company's account. It will eventually be loaned out. Instead of taking the trouble to
When looking for a suitable loan target, it is better to continue to borrow money from Samsung Group.
Li Jianxi was startled for a moment, and couldn't help but feel happy. If it is true as Millington said, Canada's **Mo Finance Group will continue to lend money to Samsung Group after recovering the loan, even if it is only a few hundred million US dollars.
, this will be a quite obvious signal for other financial institutions that are currently watching the financial situation of Samsung Group - that is, Canada's **MO Financial Group is optimistic about the future of Samsung Group!
With the status and influence of Canada's **MO Financial Group among international financial institutions, it will inevitably affect the decisions of the heads of many financial institutions! In this way, whether Samsung Group is re-loaning or extending existing loans
Repaying it will become much easier!
"Of course that's great! President Li and I will definitely remember Director Millington's helping hand during our most difficult time!" Fang Mingyuan said with a smile.
December 12, 1997. This is an important moment in the history of Samsung Group!
On this day, Samsung Group officially signed an agreement with Hong Kong Zhuanghai Investment Company. Hong Kong Zhuanghai Investment Company injected US$4 billion into Samsung Group in exchange for 31% of Samsung Group's shares. And on this day,
Canada's **MO Financial Group also officially announced that it will start negotiations with Samsung Group on a new round of US$4 billion in loans!
These two pieces of news, like flying stars that day, immediately occupied important pages in Korean newspapers. Some newspapers whose main reporting targets were economics and finance put these two pieces of news in prominent positions on their front pages!
For a time, all Koreans were speculating on who this little-known Hong Kong Zhuanghai Investment Company was. It was actually able to inject up to four billion US dollars into Samsung Group at this time!
You know, the financial crisis in South Korea has become more and more violent since December, and the exchange rate of Korean won against US dollars has reached an astonishing amount of 2,214.63 Korean won for one US dollar. In fact, in Fang Mingyuan's previous life.
During the Asian financial crisis, the lowest exchange rate of the Korean won against the U.S. dollar was only about 1,600 won per U.S. dollar. However, due to the intervention of Fang Mingyuan, a butterfly with a huge amount of funds, the Korean won's decline became even worse.
Keep falling!
This caused South Korea's economy to suffer a severe setback. The exchange rate fell sharply, causing South Korean companies' import costs to rise sharply, while exports were completely unprofitable. Even the more production areas, the more serious the losses. This
As soon as the situation is reflected in the stock market, it will naturally be green! Koreans are already desperate for the country's plight!
However, the negotiations between the South Korean government and the International Monetary Fund have been unable to open up the situation. The International Monetary Fund's conditions are becoming more and more stringent, making the South Korean government feel like it is drinking poison to quench its thirst.
In the meantime, on December 5, the International Monetary Fund decided to first loan US$3 billion to the Korean government to stabilize the financial market. However, a mere US$3 billion represents more than US$150 billion in foreign debt, of which nearly 100 billion US dollars.
For the South Korean government, whose US dollar will expire at the end of the year and the beginning of the year, it is really a drop in the bucket! And this small amount of money is like drizzle in the face of international financial speculators with a total capital of hundreds of billions of dollars.
, Regarding South Korea’s foreign exchange market, the stock market has not played any effective role at all!
Therefore, South Korea's foreign exchange market and stock market during this period can be accurately described with one word - that is, falling! The difference every day is just a big drop or a small drop!
The major media in South Korea are reporting discouraging news all day long! South Korea's top large consortiums are having headaches all day long about how to repay their huge debts. Koreans are all here
Worried. If this continues, when will the country's economy be able to get back on track?
And it was in this environment that Samsung Group suddenly received a huge investment from Hong Kong - four billion US dollars! Moreover, Canada's **Mo Financial Group actually announced that it would continue to lend money to Samsung Group.
The total amount is as high as eight billion U.S. dollars! In other words, the funds received by Samsung Group are nearly three times the loan given to the Korean government by the International Monetary Fund!
Moreover, interested people have also found out that Samsung Group’s debt is about more than 30 billion U.S. dollars, and the debt ratio is 3560%. With the income of 8 billion U.S. dollars, the debt ratio should be reduced to 100%.
Under three hundred! Among many consortiums in South Korea, the debt ratio is already quite low. You must know that consortiums such as Kia Motors Group and Jinro Group often have debt ratios above four to five hundred percent!
More importantly, with the new investment of US$4 billion and the new loan of US$4 billion, it will undoubtedly greatly enhance the confidence of domestic and foreign financial institutions in Samsung Group's future repayment ability! This will undoubtedly have a positive impact on Samsung Group's future repayment ability.
It is extremely beneficial to survive this financial crisis!
The emergence of this situation is due to the sudden appearance of Hong Kong Zhuanghai Investment Company!
Other consortiums in South Korea that are also in urgent need of capital turnover are like hungry wolves that have been hungry for half a month. They are asking everywhere about the origin of Hong Kong Zhuanghai Investment Company and why it suddenly invested such an astonishing amount of money in Samsung in a high-profile manner.
The details of the group! It’s just that they spent a lot of effort and it was difficult to get any definite news from Samsung Group and Canada’s **MO Financial Group!
As a result, various speculations appeared in the media...
At this time, Fang Mingyuan and his party had left South Korea and arrived in Hokkaido, Japan. Here, there was a villa acquired from the Kuwaiti royal family. In December, it was already covered with snow and a northern scenery.
!
"Mingyuan, read this article!" Aso Xiangyue smiled and put the newspaper in front of Fang Mingyuan.
Fang Mingyuan casually pulled it over and glanced at it. Fortunately, it was in English. If it were in Korean, it would really be like reading a book from heaven.
"Isn't this fucking nonsense!" Fang Mingyuan couldn't help but cursed. These unscrupulous reporters actually speculated that the direct heir of a wealthy family in Hong Kong had taken a fancy to Li Jianxi's unmarried daughter. In order to be able to
He proposed successfully and decided to invest in Samsung Group! Four billion dollars, just to be able to successfully propose to Li Jianxi's daughter? How rich is this bride? These Korean stickmen think too highly of themselves!
Besides, I have never met Li Jianxi's children at all, and I don't know whether they are beautiful or not, and whether they are originals. It would be too unfair to bear the blame, right?
"Who asked you to register a company with a random name? Naturally, they can only make wild guesses!" Aso Xiangyue said with a sweet smile. This Fang Mingyuan was too unwilling to use his brain when naming his company. He actually turned Haizhuang upside down.
Just take it as the name of the company! Koreans would never have dreamed that a company with a capital of 4 billion US dollars would be so careless in naming it! Moreover, these Korean media want to use the Guo family and the Zheng family
The Hong Kong investigation, which was jointly influenced by the three parties of the Fang family, revealed the details of Zhuang Hai Investment Company, which is nothing more than a dream!
Fang Mingyuan shrugged indifferently. He was really too lazy to think of the names of these puppet companies. To put it bluntly, these companies are just a cover for the Fang Family Capital. When the time comes, the Fang Family will still surface, so the names
No matter how loudly he thinks, what's the point? Even if he thinks loudly, what's the point? With that free time, he might as well think carefully about what precious domain names he hasn't registered in his previous life!
No matter how small a mosquito is, it still has meat! This is a beautiful thing that can be resold for thousands of times profit. How could he let it go?
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