Reborn in Hong Kong as a Tycoon

Chapter 102 Raising Funds
"Huo Sheng, I want to get a loan from Standard Chartered Bank this time, and I need the support of Standard Chartered Bank."

The plan changed and the acquisition of Wharf was put on the agenda. Of course, Lin Baicheng had to find a way to raise funds, because the money in his hand was simply not enough to acquire half of the shares of Wharf.

"Lin Sheng, which company are you looking at again?"

Huo Yaohua couldn't help being surprised when he heard the words, Lin Baicheng just bought Asia TV, now which company is he going to buy again.

"Huo Sheng, I just need a loan from Standard Chartered."

Lin Baicheng smiled and did not answer directly. Since the nature of Standard Chartered determines that he will not help when acquiring British-funded enterprises, then simply don't consider Standard Chartered, and just get the money from Standard Chartered.If you can't get a satisfactory loan this time, then you just don't want to cooperate with Standard Chartered. Standard Chartered is not the only bank with international business in Xiangjiang.

Seeing this, Huo Yaohua didn't ask any further questions. He knew that his guess was probably correct, and this time Lin Baicheng was probably looking at a certain British-funded listed company, but these had nothing to do with him. Lin Baicheng's loan.

"Lin Sheng, how much do you want to borrow? What kind of mortgage will you use?"

"I want a loan of [-] million Hong Kong dollars, but I will only use ATV as collateral," Lin Baicheng said.

"Lin Sheng, you are too far behind."

Huo Yaohua immediately shook his head when he heard the words: "Standard Chartered will not approve of Lin Sheng's valuation of the acquisition of Asia TV. The valuation of 1.2 million Hong Kong dollars is already the highest valuation that Standard Chartered has for the TV station."

Lin Baicheng said: "After I acquired the TV station, I injected 5000 million Hong Kong dollars into the TV station."

Huo Yaohua still shook his head: "Even if this is the case, there is a difference of more than one billion Hong Kong dollars, not to mention that the bank lending itself will not lend out all the valuation of the collateral."

"Huo Sheng!"

Lin Baicheng said seriously: "If I use Asia TV to borrow 1 million or even 1.5 million Hong Kong dollars from the bank, then why should I ask Standard Chartered? Let alone the 1.5 million Hong Kong dollar loan, even if it is [-] million Hong Kong dollars, I think Hong Kong There are quite a few banks willing to lend me money, what do you think?"

"Lin Sheng, what you said is true."

Huo Yaohua began to ponder as he spoke. What happened last time must have made Lin Baicheng feel bad about Standard Chartered. If he still can't support Lin Baicheng this time, then it is entirely possible for Lin Baicheng to seek support from other banks and transfer his account to other banks.

Lin Baicheng transferred a lot of money in and out through Standard Chartered Bank. The capital flow in 77 alone exceeded one billion Hong Kong dollars. Standard Chartered Bank also made a lot of money from Lin Baicheng. It is a pity that such a big customer is lost like this. .

Lin Baicheng didn't urge Huo Yaohua either, he had already decided that if he couldn't get financial support from Standard Chartered this time, he would go to HSBC, and if it didn't work, he could find other banks.If it weren't for the hundreds of millions of Hong Kong dollars, some Chinese-funded banks might not be able to pay them out in a short period of time, so he could go to the Chinese-funded banks and let the Chinese-funded banks earn the money.

"Lin Sheng, I can't guarantee you that I will give you such a large loan now, but I will try my best to convince the board of directors."

Huo Yaohua said aloud, in fact, if he really wants to make a decision on this kind of matter, he can still make the decision, but this kind of loan has a lot of risks. If there is a problem later and cannot recover all the loan, he will be responsible, and He can't risk his career.

"It should be, but I hope Huo Sheng can give me an answer as soon as possible."

Lin Baicheng nodded, this time he didn't plan to delay too long, if he could succeed, he would find another bank if he couldn't.

"Three days, within three days I will definitely give you an answer, Lin Sheng."

Huo Yaohua murmured for a while, and then said: "Lin Sheng, although you are mortgaged by ATV, the lender cannot be ATV, but you, Lin Sheng."

There is a difference between the two. Lin Baicheng is the owner of Asia TV. The bank loaned money to Asia TV. Lin Baicheng can transfer the money from Asia TV to find a way to use it for himself. After all, he is the only shareholder of the company.But if Lin Baicheng still doesn't pay the money, the bank can only ask Asia TV for repayment. After all, the lender is Asia TV, not Lin Baicheng himself.

In this way, it might happen that after Lin Baicheng ran out of money, he tried to make Asia Television go bankrupt, and he avoided the debt by himself, so that the money became a bad debt of the bank.

Although this possibility is very low, Huo Yaohua has to guard against it, and at the same time, it will be more convincing to the board of directors.

"That's fine."

Lin Baicheng readily agreed, and it's not that he is not prepared to repay the money, so there is no problem with him being the lender.

Huo Yaohua said with a smile: "With Xinghe Game Company here, I believe the directors will be willing to give you this loan."

"Then I'll wait for good news from you, Huo Sheng."

Lin Baicheng also laughed. It would be best if he could get a loan from Standard Chartered, lest he have to find another bank.

Two days passed in a blink of an eye.

The preliminary competition of "Who Can Be a Millionaire" has started in an orderly manner, but it has not yet started to be broadcast on TV. The main thing is that after each scene is filmed, it has to be re-edited, and the exciting games are selected, edited into highlights and then broadcast.

Lin Baicheng didn't care much about the preliminary rounds and semi-finals of the competition, he would only pay attention when the finals started.

Two days later, Huo Yaohua finally gave Lin Baicheng a reply, Standard Chartered was willing to give Lin Baicheng a loan of [-] million Hong Kong dollars, and he only needed Lin Baicheng to mortgage Asia TV and get the money in his own name.

Lin Baicheng readily agreed to this, and took his lawyer and Cheng Yufeng to Standard Chartered Bank to sign the loan contract after confirming that there was no problem.

"Huo Sheng, thank you Standard Chartered for your help this time."

After signing the loan contract, Lin Baicheng and Huo Yaohua shook hands and expressed their thanks.

"As long as you, Lin Sheng, continue to support our Standard Chartered."

Retaining Lin Baicheng, a major client, is the fundamental reason why Standard Chartered Bank is willing to support Lin Baicheng, and this is also Huo Yaohua's job.

"Standard Chartered supports me so much, of course I will support Standard Chartered."

Lin Baicheng said with a smile, before he had no bank, since Standard Chartered was willing to support him, he must have opened his account with Standard Chartered Bank.Even if you buy your own bank in the future, international remittances can also go to Standard Chartered Bank.

After chatting for a while, Lin Baicheng took people away. As for the funds, they were still lying in Lin Baicheng's bank account in Standard Chartered for the time being.

Although he received a loan of [-] million Hong Kong dollars from Standard Chartered Bank, the money was not enough for Lin Baicheng to complete the acquisition of Wharf. He still needed more funds.

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(End of this chapter)