Reborn Xiangjiang as a Tycoon

Chapter 108 Getting a Loan

The loan meeting that was originally scheduled to meet in the morning was changed to the afternoon by Mitsubishi Bank. This was because Iwasaki Mineryu intervened in the loan and gave Lin Baicheng more loan funds. This was not something Iwasaki Mineryu could say. Mitsubishi Bank had its own

Its a set of office procedures.

In the afternoon of that day, Lin Baicheng took Maori Haruko and his lawyer to Mitsubishi Bank and signed a loan contract with Mitsubishi Bank.

Deducting the temporary additional loan of US$50 million provided by Iwasaki Mineryu to Lin Baicheng, Mitsubishi Bank originally approved a loan of US$200 million to Lin Baicheng, which would be 840 million Hong Kong dollars, which is a gap of more than 100 million from Lin Baicheng's initial target of HK$1 billion.

But fortunately, the difference was not too big, and Lin Baicheng wanted to get the money as soon as possible, so he was not prepared to fight with Mitsubishi Bank any longer, so he took out a loan of US$250 million with 20% of the shares of Galaxy Games.

Mitsubishi Bank's loan still takes three years, and the annual interest rate is a little lower than Goldman Sachs's, which is only 8.5%. Don't look at the annual interest rate of 0.5%, which is 1.5% for three years, and 1.5% for $250 million.

3.75 million US dollars, converted into Hong Kong dollars, is more than 15 million, which Lin Baicheng prepared for the acquisition of Wharf.

Of the loan from Mitsubishi Bank, US$5,000 will be used for the joint venture, and the remaining HK$840 million can be used by Lin Baicheng for his own use, plus the HK$300 million loan from Standard Chartered Bank, and the HK$100 million that can be raised from the sale of Hutchison Whampoa

Hong Kong dollars, and finally the 8.5 million shares held by Lin Baicheng, which is nearly 10% of the shares. These are the capital for Lin Baicheng's acquisition of Wharf.

The current market value of Wharf is about 1.1 billion Hong Kong dollars. Lin Baicheng only needs to acquire half of the shares. Therefore, as long as there are no big surprises, his current funds are enough to win Wharf.

After getting the loan from Mitsubishi Bank, Lin Baicheng contacted Cheng Yufeng in Xiangjiang, so that Cheng Yufeng and the others could take action. They could start contacting institutions that hold Cangjiang Industrial stocks and transfer all the shares from them at a premium.

Buy it.

Lin Baicheng did not go back to Xiangjiang immediately. He remained in Tokyo for the time being. He invited Iwasaki Mineryu to dinner that night.

This time Lin Baicheng brought Haruko Mouri, but Mineryu Iwasaki came alone.

"Iwasaki-kun, this is my assistant Haruko. You have met her before. I don't think I need to introduce her again."

"Of course, Lin Jun, you have found a good assistant."

Iwasaki Mineryu smiled and nodded. The two of them were now considered partners, so they called each other much closer.

"Deputy Commander Iwasaki!"

Haruko Mouri bowed respectfully to pay tribute. Although she studied in the United States for two years, she is still a RB person at heart and has not changed. Bowing to pay tribute to people of high status is a social phenomenon throughout RB.

The three of them sat down and chatted while eating.

However, it was mainly Lin Baicheng and Iwasaki Mineryu who were chatting. Haruko Mouri listened most of the time, and also played the role of pouring drinks for them.

"Iwasaki-kun, regarding the company we are working with, I plan to find a manager with rich experience in real estate development to manage the company. Haruko is at RB most of the time, so she will help look after it. I will also ask questions from time to time to control the general direction.

,what do you think?"

"It's appropriate to leave specific matters to the people below. As long as you, Mr. Lin, control the general direction, that's fine."

Iwasaki Mineryu nodded and had no objection. He knew that it was impossible for Lin Baicheng to do it himself. After all, Lin Baicheng had his own career in Xiangjiang. As long as Lin Baicheng controlled the general direction, it would be fine.

After hearing this, Lin Baicheng turned his head and said to Maori Haruko: "Haruko, please remember this matter and do it tomorrow. Let the headhunting company find a few more. If I have time, I will come over to interview them. If I don't have time, you can take them with you.

Find me in Xiangjiang."

"Yes, Chairman."

Mouri Haruko responded.

Lin Baicheng said: "The distance between Xiangjiang and Tokyo is not that far. It's only four or five hours by plane. If they don't even want to go to Xiangjiang for an interview, then replace them. As long as the salary is high enough, you won't be afraid of not being able to recruit talents.

What's more, what I'm looking for are execution talents. As long as they implement the strategic layout I set, they don't need to judge the future development direction of the real estate industry."

No one knows the future development direction of the RB real estate industry better than Lin Baicheng, so he does not need highly capable talents, as long as he has strong execution ability.

Maori Haruko responded one by one, expressing her understanding.

Lin Baicheng suddenly said: "Iwasaki-kun, I have the final say on the development of the company, right?"

"As long as Lin Jun's decision does not bring significant losses to the company, then I will not interfere."

After all, after investing 50 million US dollars, Iwasaki Mineryu certainly couldn't stop asking questions. The premise for him not to ask questions was that Lin Baicheng would not cause too much loss to the company. Otherwise, if the loss was too much, he would definitely stop the loss and leave the market.

Cooperated with Lin Baicheng.

“What if I want to make risky investments?”

"How to say?"

"Each of us invested US$50 million, and the company's assets are US$100 million. The company will definitely not be able to use so much money at the beginning. After all, we can find bank loans during the real estate development process, so that the company can expand faster."

"It would be too wasteful to let the remaining funds lie in the company's account. I plan to use US$20 million to invest in the financial market, mainly in gold futures investment, and buy long gold futures."

It's a pity that the money is kept in the company account and not invested. Half of it belongs to Lin Baicheng. If it weren't for Iwasaki Mineryu's disapproval, he would have wanted to use 50 million US dollars or more to do long gold. After all, he invested

The more you earn, the more you earn.

"Jun Lin, the futures market is constantly changing and we have no experience. Isn't it too risky to do this?"

Iwasaki Mineryu frowned slightly and was a little reluctant. After all, US$10 million of the US$20 million investment belonged to him. He did not believe that Lin Baicheng had the ability to judge the trend of gold futures and believed that the possibility of losses was higher.

"Since Iwasaki-kun thinks it's too risky, let's forget it."

Lin Baicheng was a little regretful, but he couldn't force it. After all, this was a company owned by two people. Although it was agreed that he would be in charge of the company's development, the two still had to discuss the company's development. After all, it was definitely a real estate business in RB.

Inseparable from Iwasaki Mineryu, Lin Baicheng could not ignore Iwasaki Mineryu's opinions.

"The risks in the futures market are still too great, but since Mr. Lin is optimistic, let's invest 10 million US dollars. What do you think?"

After all, Lin Baicheng's investment intention has not brought significant losses to the company. Of course, Iwasaki Mineryu wanted to give Lin Baicheng some face, so he decided to invest 10 million U.S. dollars. In this way, he would lose at most 5 million U.S. dollars, which was not too much.

It just so happens that we can take this opportunity to see how Lin Baicheng's vision is, so that he can better judge whether his investment is wrong.

"Okay, then invest $10 million!"

Although the capital invested is not much, Lin Baicheng doesn't mind if he can make some profit. What's more, he must use leverage, otherwise he would be long gold futures with 10 million US dollars, so he might as well not do it and save himself the trouble.

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(End of chapter)