Reborn as the richest man in India.
Chapter 259 Investing more than 60 billion
Chapter 259 Investing more than 60 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?" Jogo smiled at old Gupta.
My cheap father still has a way of managing the plantation, and the management is very good.
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 is quite capable, otherwise it would be impossible for him to work hard from a poor boy to a millionaire.
I was cheated that time because I was fooled by greed, otherwise I would be safe and sound, and 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.
Hearing this, old Gupta said nothing more.
I can't understand this son at all.
But his son is promising and his career is getting bigger and bigger, so he is naturally happy.
He doesn't know much about the business now, so just listen to it.
Both Fayes and Moeller were silent for a while. Although they both guessed the result, they still felt a little hard to calm down when they learned about it from Jogo.
Moeller is actually quite good. He is not responsible for the specific operations.
But Fayes is different. In the future, he will be in charge of the palm oil industry. The bigger the investment, the higher his position in the boss team will be 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 2.7 million this time, the boss's investment in Malay will reach 5.2 million US dollars, which is equivalent to an investment of more than 60 billion rupees.
As far as he knows, the boss has not had such a huge investment in any industry.
Fayes was unaware of the Gupta Plaza project because he was abroad.
However, the Gupta Plaza project is not considered to be Jogo's personal investment. If the investment is based on the personal investment of 67% of the shares, it is similar to the palm oil side.
Except for the initial contribution of 30 billion, all will rely on loans in the future. Therefore, the real investment is still the largest amount of palm oil.
Moreover, Fayes also knows what the boss is thinking, and he will not stop just because of the acquisition of the Guinness Palm Industry Company, but will continue to expand, which 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 procrastinate any longer, lest any accidents happen.
"Boss, don't you read these materials?" Fayes asked.
"I trust you." Jogo said with a smile.
"Boss, it just happened to be agreed to continue the negotiation tomorrow morning." Fayes replied.
"That's settled then."
Qiao Ge believed them, but he still had to read the information.
That night, Jogo carefully read the information given by Fayes.
The information is very detailed. After reading it, Qiao Ge can probably imagine some assets under the name of Guinness Palm Industry Company in his mind.
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 the Guinness Palm Industry Company is not small, and the supporting facilities are the most advanced ones. If it is given to Jogo, there is almost no need to buy too many supporting facilities in the future.
The main reason is that most of the oil palm plantations acquired by Qiao Ge are young trees, even if some are in the peak production period, they occupy a small area, so the palm oil production is not large.
However, Guinness Industrial Company has nearly 2 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 2.5 million US dollars.
This is because the price of the plantation has gone up a bit recently, otherwise the lowest price would be around US$2 million.
Other assets add up to about [-] million.
After all, according to the valuation, the Guinness Palm Industry Company has 3.5 million.
As for their 3 million offer for sale, they still want to sell it as soon as possible, so naturally they need to make a discount.
And Qiao Ge, as the buyer, of course wants to pay back a little more.
These assets are valued by Jogo and are of very high quality.
Especially in the scientific research department, Guinness Oil Palm Industry Co., Ltd. is very willing to invest in this area, and has made many achievements in oil palm seed selection, plant diseases and insect pests, etc.
The oil production of their oil palms in the same area is obviously higher than that of their peers. In addition to the selection of seeds, there are also various reasons for their excellent 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 scientific research department, but it's just for show, with almost no capital investment.
How to do research and development without capital investment?
Jogo can understand their thoughts, anyway, they can make money by doing so, and everyone is similar.
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. It may be impossible to succeed in a year or even a few years if a large amount of money is invested, and many people are unwilling to invest.
But this is now, and it will be difficult to expand after the planting area continues to expand several times later.
One is the scale here, the land issue, and the oil palm labor shortage on the Malay side is a very big constraint.
Originally, the main laborers came from Indonesia. Later, as the local oil palm plantations in Indonesia continued to expand, and finally far surpassed Malays, their demand for workers was even greater, and the number of Malay laborers was even less.
In many cases, the reduction in palm oil production in Malaysia was not caused by the climate, but by the lack of workers and the inability to pick mature palm fruits in time. It can be said that the loss was huge.Therefore, the forward-looking of these foreign-funded companies must be far more than that of local Malay companies.
Of course, Jogo attaches great importance to the power of scientific research and has no doubts about the role of technology.
The next day, Qiao Ge and others arrived at the headquarters building of the Guinness Palm Industry Company in Kuala Lumpur.
This is the company's property. If there is no accident, after the acquisition, it can be used as the headquarters building of Binlin Company.
Jogo flew directly to Kuala Lumpur this time and did not go to Penang.
Before that, Fayes and others almost all lived in Kuala Lumpur. Not to mention negotiating with people from the Guinness Palm Industry Company every day, there would be a meeting in about 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 present among the other party's attendees, and the head was only the assistant general manager.
"Mr. General Manager happens to be absent, 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 face.
He was French, and on these occasions he did not need to give the British any face, they were almost equal.
If Fayes went up instead, the other party would definitely look down on him, there was no way, it was determined by national strength.
The assistant was stunned for a moment, and he stared at Moeller for a while, and found that Moeller's eyes were sharp, which made him a little overwhelmed.
He realizes that today may not be as much of a bargain as it used to be.
To be honest, everyone has 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 when the general manager will finish his work."
After that, Qiao Ge and the others waited for another 10 minutes, and a middle-aged blond man in his forties walked in.
"Aha~~Mr. Maupassant, I'm really sorry. I happened to have an important client just now, so I was delayed for some time. I'm sorry." Robert Thomas came over to express his apology.
He has nothing to do today, just in the general manager's office.
Hearing from the assistant that Maupassant seemed to have made a decision, he didn't dare to neglect it, because he was really in a hurry to sell the company.
"Mr. Thomas, I don't think there is anything more important than the sale of your company right now?" Moeller asked coldly.
This made Robert froze for a moment.
"I'm so sorry." Robert bowed to Jogo and the others solemnly to apologize this time.
He knew that his little trick would not be able to hide Maupassant.
The company is about to be sold, and there are no 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.
If it was before, he would definitely not bother to care about it, 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, there are many troubles after the split.
For example, some high-quality industries are definitely easy to sell, but some tasteless industries are hard to sell, and they cannot be sold at a price.
There will be a lot of trouble at that time, and the money recovered may not be as much as the whole package.
So when he met a fairly sincere buyer, he didn't want to really blow him away.
"I accept your apology, so let's continue with the acquisition." Moeller didn't care about anything, and he could just suppress the other party, "I just said, there must be a result today, either the acquisition, or tomorrow we won't come again."
"Okay, happy." Robert laughed.
Thinking about it, too, after so long, he was a little impatient, and I believe the other party was too.
"Since you are so happy, let me make a little more, 2.65 million US dollars." Robert said again.
Moeller smiled and said: "Your company's parent company in the UK, after spending 27 billion pounds (about 46 billion U.S. dollars) to acquire the United Brewing Company last year, its debts soared, so it is thinking of selling some non-core industries, especially overseas. Some of the non-core industries..."
"Mr. Maupassant, there is no need to mention these things anymore. Everyone knows why we are selling." Robert interrupted.
The other party will definitely inquire about the situation of the parent company, after all, the acquisition amount is not too small.
And I have nothing to hide about this, I almost tell everyone that the parent company is eager to withdraw some funds.
Originally, the parent company's main business was beer. Last year, it merged with United Brewing Company, a spirits company that mainly produces whiskey, to expand the company's business scope, but this made the parent company's debts relatively high.
It is obvious that it is meaningless to use these to lower prices.
Because I am in a hurry to buy, the price has already been reduced.
"Don't get me wrong, I thought today was the last day, so let's figure it out from the beginning and see if we missed anything." Moeller grinned.
Robert secretly cursed the stinky Frenchman.
He probably understood what Moeller was thinking. He wanted to remind himself, is the parent company in a hurry to spend money?
But even so, it is impossible to make a big concession to yourself.
The price is really low.
The big deal is a little more trouble, if you disassemble it and sell it, you should be able to sell it at this price, right?
"That's right, then Mr. Maupassant, please continue." Robert said with a chuckle.
He scolded Moeller thousands of times in his heart, but he was still smiling on the surface.
(End of this chapter)
Only Qiao Ge knows how much money is in the account of Panda Foreign Trade Company.
"Of course, otherwise, how could I come?" Jogo smiled at old Gupta.
My cheap father still has a way of managing the plantation, and the management is very good.
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 is quite capable, otherwise it would be impossible for him to work hard from a poor boy to a millionaire.
I was cheated that time because I was fooled by greed, otherwise I would be safe and sound, and 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.
Hearing this, old Gupta said nothing more.
I can't understand this son at all.
But his son is promising and his career is getting bigger and bigger, so he is naturally happy.
He doesn't know much about the business now, so just listen to it.
Both Fayes and Moeller were silent for a while. Although they both guessed the result, they still felt a little hard to calm down when they learned about it from Jogo.
Moeller is actually quite good. He is not responsible for the specific operations.
But Fayes is different. In the future, he will be in charge of the palm oil industry. The bigger the investment, the higher his position in the boss team will be 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 2.7 million this time, the boss's investment in Malay will reach 5.2 million US dollars, which is equivalent to an investment of more than 60 billion rupees.
As far as he knows, the boss has not had such a huge investment in any industry.
Fayes was unaware of the Gupta Plaza project because he was abroad.
However, the Gupta Plaza project is not considered to be Jogo's personal investment. If the investment is based on the personal investment of 67% of the shares, it is similar to the palm oil side.
Except for the initial contribution of 30 billion, all will rely on loans in the future. Therefore, the real investment is still the largest amount of palm oil.
Moreover, Fayes also knows what the boss is thinking, and he will not stop just because of the acquisition of the Guinness Palm Industry Company, but will continue to expand, which 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 procrastinate any longer, lest any accidents happen.
"Boss, don't you read these materials?" Fayes asked.
"I trust you." Jogo said with a smile.
"Boss, it just happened to be agreed to continue the negotiation tomorrow morning." Fayes replied.
"That's settled then."
Qiao Ge believed them, but he still had to read the information.
That night, Jogo carefully read the information given by Fayes.
The information is very detailed. After reading it, Qiao Ge can probably imagine some assets under the name of Guinness Palm Industry Company in his mind.
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 the Guinness Palm Industry Company is not small, and the supporting facilities are the most advanced ones. If it is given to Jogo, there is almost no need to buy too many supporting facilities in the future.
The main reason is that most of the oil palm plantations acquired by Qiao Ge are young trees, even if some are in the peak production period, they occupy a small area, so the palm oil production is not large.
However, Guinness Industrial Company has nearly 2 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 2.5 million US dollars.
This is because the price of the plantation has gone up a bit recently, otherwise the lowest price would be around US$2 million.
Other assets add up to about [-] million.
After all, according to the valuation, the Guinness Palm Industry Company has 3.5 million.
As for their 3 million offer for sale, they still want to sell it as soon as possible, so naturally they need to make a discount.
And Qiao Ge, as the buyer, of course wants to pay back a little more.
These assets are valued by Jogo and are of very high quality.
Especially in the scientific research department, Guinness Oil Palm Industry Co., Ltd. is very willing to invest in this area, and has made many achievements in oil palm seed selection, plant diseases and insect pests, etc.
The oil production of their oil palms in the same area is obviously higher than that of their peers. In addition to the selection of seeds, there are also various reasons for their excellent 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 scientific research department, but it's just for show, with almost no capital investment.
How to do research and development without capital investment?
Jogo can understand their thoughts, anyway, they can make money by doing so, and everyone is similar.
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. It may be impossible to succeed in a year or even a few years if a large amount of money is invested, and many people are unwilling to invest.
But this is now, and it will be difficult to expand after the planting area continues to expand several times later.
One is the scale here, the land issue, and the oil palm labor shortage on the Malay side is a very big constraint.
Originally, the main laborers came from Indonesia. Later, as the local oil palm plantations in Indonesia continued to expand, and finally far surpassed Malays, their demand for workers was even greater, and the number of Malay laborers was even less.
In many cases, the reduction in palm oil production in Malaysia was not caused by the climate, but by the lack of workers and the inability to pick mature palm fruits in time. It can be said that the loss was huge.Therefore, the forward-looking of these foreign-funded companies must be far more than that of local Malay companies.
Of course, Jogo attaches great importance to the power of scientific research and has no doubts about the role of technology.
The next day, Qiao Ge and others arrived at the headquarters building of the Guinness Palm Industry Company in Kuala Lumpur.
This is the company's property. If there is no accident, after the acquisition, it can be used as the headquarters building of Binlin Company.
Jogo flew directly to Kuala Lumpur this time and did not go to Penang.
Before that, Fayes and others almost all lived in Kuala Lumpur. Not to mention negotiating with people from the Guinness Palm Industry Company every day, there would be a meeting in about 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 present among the other party's attendees, and the head was only the assistant general manager.
"Mr. General Manager happens to be absent, 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 face.
He was French, and on these occasions he did not need to give the British any face, they were almost equal.
If Fayes went up instead, the other party would definitely look down on him, there was no way, it was determined by national strength.
The assistant was stunned for a moment, and he stared at Moeller for a while, and found that Moeller's eyes were sharp, which made him a little overwhelmed.
He realizes that today may not be as much of a bargain as it used to be.
To be honest, everyone has 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 when the general manager will finish his work."
After that, Qiao Ge and the others waited for another 10 minutes, and a middle-aged blond man in his forties walked in.
"Aha~~Mr. Maupassant, I'm really sorry. I happened to have an important client just now, so I was delayed for some time. I'm sorry." Robert Thomas came over to express his apology.
He has nothing to do today, just in the general manager's office.
Hearing from the assistant that Maupassant seemed to have made a decision, he didn't dare to neglect it, because he was really in a hurry to sell the company.
"Mr. Thomas, I don't think there is anything more important than the sale of your company right now?" Moeller asked coldly.
This made Robert froze for a moment.
"I'm so sorry." Robert bowed to Jogo and the others solemnly to apologize this time.
He knew that his little trick would not be able to hide Maupassant.
The company is about to be sold, and there are no 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.
If it was before, he would definitely not bother to care about it, 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, there are many troubles after the split.
For example, some high-quality industries are definitely easy to sell, but some tasteless industries are hard to sell, and they cannot be sold at a price.
There will be a lot of trouble at that time, and the money recovered may not be as much as the whole package.
So when he met a fairly sincere buyer, he didn't want to really blow him away.
"I accept your apology, so let's continue with the acquisition." Moeller didn't care about anything, and he could just suppress the other party, "I just said, there must be a result today, either the acquisition, or tomorrow we won't come again."
"Okay, happy." Robert laughed.
Thinking about it, too, after so long, he was a little impatient, and I believe the other party was too.
"Since you are so happy, let me make a little more, 2.65 million US dollars." Robert said again.
Moeller smiled and said: "Your company's parent company in the UK, after spending 27 billion pounds (about 46 billion U.S. dollars) to acquire the United Brewing Company last year, its debts soared, so it is thinking of selling some non-core industries, especially overseas. Some of the non-core industries..."
"Mr. Maupassant, there is no need to mention these things anymore. Everyone knows why we are selling." Robert interrupted.
The other party will definitely inquire about the situation of the parent company, after all, the acquisition amount is not too small.
And I have nothing to hide about this, I almost tell everyone that the parent company is eager to withdraw some funds.
Originally, the parent company's main business was beer. Last year, it merged with United Brewing Company, a spirits company that mainly produces whiskey, to expand the company's business scope, but this made the parent company's debts relatively high.
It is obvious that it is meaningless to use these to lower prices.
Because I am in a hurry to buy, the price has already been reduced.
"Don't get me wrong, I thought today was the last day, so let's figure it out from the beginning and see if we missed anything." Moeller grinned.
Robert secretly cursed the stinky Frenchman.
He probably understood what Moeller was thinking. He wanted to remind himself, is the parent company in a hurry to spend money?
But even so, it is impossible to make a big concession to yourself.
The price is really low.
The big deal is a little more trouble, if you disassemble it and sell it, you should be able to sell it at this price, right?
"That's right, then Mr. Maupassant, please continue." Robert said with a chuckle.
He scolded Moeller thousands of times in his heart, but he was still smiling on the surface.
(End of this chapter)
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