Shenhao started as a military training anchor
Chapter 722 Financial resources shocked foreign officials
Holly said it very euphemistically, but Thailand's Minister of Transport Api still heard what he meant.
He wanted to invest in Thai Airways.
Thai Airways' total assets now reach 4400 baht, equivalent to about 880 billion yuan. However, due to insufficient transportation capacity, it purchased 45 medium-sized passenger aircraft from Boeing and Airbus, and its liabilities have reached 35 billion US dollars, which is equivalent to 245 billion yuan.
Coupled with the losses in recent years, the Thai royal family is not willing to spend too much money to pay for it. It has already provided 50 to 60 billion baht in support.
That’s why we applied to the Central Court for bankruptcy reorganization, proposed a joint-stock reform plan, and solved the debt crisis through financing.
Before Hawley, the royal family also approached some funds, which were willing to contribute limited amounts.
The royal family also does not want Thai Airways' shareholding structure to become too complicated and lose management rights.
The last option is to cooperate directly with a powerful fund, sell part of the shares, and collect cash to deal with the debt problem.
Since Holly proposed this idea, Mr. Appi guessed that he has already made relevant plans and financial preparations.
The financial resources of this young Chinese tycoon cannot be ignored.
Both he and Minister of Tourism and Sports Sudaywan were a little shocked.
"Mr. Huo, to be honest, the Central Court has not yet given a definite answer.
In addition, I am sorry to tell you that although Thai Airways is not managed by the Ministry of Transport, its assets belong to the Royal Asset Management Bureau.
If Mr. Huo has investment intentions, he needs to communicate and negotiate with the chairman of the Royal Administration Committee. "
The chairman of the Thai Royal Administration Committee is Thailand’s Minister of Finance. Because Thailand is a constitutional monarchy, the Minister of Finance has a very high status in the cabinet.
Second only to the king.
The Thai royal family is one of the richest "financial groups" in the world, and the royal family's industries span all industries in the country and the world.
The Royal Assets Administration is responsible for managing the royal assets.
Nominally, Thai Airways is a state-owned enterprise under the Ministry of Finance, but in fact it is really owned by the royal family.
The Minister of Transportation is also a member of the royal family, but he only has management authority over the transportation industry and does not have the authority to handle assets.
The Ministry of Finance needs to make a decision.
Holly nodded: "Sir Appi, if it is convenient, I hope you can help introduce me. I would like to meet with Minister Saida of the Ministry of Finance and communicate face to face."
Abi thought for a moment and nodded, "Mr. Huo, I will inform Minister Saida about your entrustment tomorrow, but I am not sure whether I can make an appointment with him for you?"
"Thank you for your hard work, Your Excellency Api." Holly smiled and raised a toast to Api.
Holly guessed that Saida would meet him. Since the royal family was unwilling to continue blood transfusions for Thai Airways, they would definitely find a capable buyer.
It depends on how much cash the buyer can come up with?
Hawley has always been confident in his financial resources.
Acquiring shares in Thai Airways is not a problem at the moment, but it will need to invest a few large sums of money in building cars this year. Then we will find ways to upgrade the system and revitalize our business.
After dinner with two Thai officials, Holly stayed at the Rosewood Hotel.
After washing up, it was still early, so I sat in the tea room and let tea master Yu Huan make a pot of tea.
President Zuo made a video call to him.
"Still in the Golden Triangle?" Zuo Yingying asked with concern.
Holly smiled and said, "Sister, you have worry written on your face."
"Don't be poor, have you finished the Golden Triangle matter?"
"Yes!" Holly nodded, "In Thailand, we will discuss cooperation projects with the Thai royal family."
Zuo Yingying breathed a sigh of relief. As long as she left the Golden Triangle, she felt much more relieved and said down to business, "Singapore's sovereign fund has an international investment forum and invited us. If you are in Southeast Asia, just go and sit there.
I don't have to go out of my way to fly there. "
Holly joked: "Sister, don't worry about letting me go?"
"I might have been worried two years ago, but now you are more suitable than me." Zuo Yingying told her, "Pay attention to your own safety outside and call me when you get back."
"Okay, sister, good night." Holly kissed the camera.
Zuo Yingying shook her head and smiled, "Good night."
Hang up the phone. I originally thought I would go back to China after my trip to Thailand, but now I have to go to Singapore, and I have to go.
When Shunwei Capital first raised funds, it reached cooperation with Singapore's sovereign funds, and now it still manages a considerable part of the funds of Singapore's sovereign funds.
The shadow of Singapore’s sovereign funds can be seen behind many domestic private equity funds.
This is a very mysterious investment institution, affiliated with the Singapore government, which is said to manage total assets of US$8000 billion.
Singapore has two sovereign funds shortlisted for the top ten sovereign funds in the world. One is the Singapore Sovereign Fund, and the other is Temasek, a very familiar investment institution in China.
One can imagine how wealthy a country with an area of 7 to 800 square kilometers and a population of 5 to 6 million has two sovereign investment funds ranked among the top ten in the world.
The investment scope includes not only various industries, but also government bonds of various countries, which has established Singapore as a transit point for Asia and the world's capital.
Shunwei Capital, founded by Hawley and Zuo Yingying, now manages more than 150 billion in funds and cannot do without the support of Singapore's sovereign funds.
The major shareholder had sent out an invitation, so Holly still had to give him some face.
After hanging up Zuo Yingying's video, Holly heard Zhong Yiwen talking to the little princess. He leaned forward, pressed against Zhong Yiwen's face, smiled at the camera and said, "Girl, call me daddy!"
"Hey~, Daddy~, Mama~"
The little princess's calls are now becoming more and more smooth and standard.
Mother Zhong coaxed: "Xixi, let's go have a drink with grandma and have a rest. Let mom and dad take care of themselves outside and come back early to see our baby Xixi after work."
"Bye, girl. Thank you for your hard work, auntie." Holly waved to the camera.
"It's not hard, you and Wenwen are fine." Mother Zhong said with a smile.
Hang up the phone.
Holly hugged Zhong Yiwen, "Miss your daughter?"
"Fortunately."
Holly said: "You still have to work hard to follow me, contact Golden Deer, and fly to Singapore in a few days."
Zhong Yiwen didn't ask any more questions and took her mobile phone to contact him.
……
The next morning, Holly did not receive a reply from Api and thought that the royal family had no intention of seeing him.
But in the afternoon, Finance Minister Saida personally called him.
"Mr. Huo, I'm sorry to keep you waiting for so long. There are a lot of things at the cabinet today, so I won't get back to you until I'm done.
Abi has informed me of your thoughts. On behalf of the royal family, I welcome you as a partner.
Let’s find a place to talk about related matters. "
"Okay, Minister Saida.", Holly responded.
Saida said: "My driver will arrive at the Rosewood Hotel in a moment and pick you up to have dinner at the Thorne Hotel."
"Thank you, Minister Saida." Holly greeted politely.
The Thorn Hotel is known as the royal dining room of the Thai royal family. Saida received him at the Thorn Hotel, showing the highest etiquette of the royal family.
He also showed enough respect and sincerity to his partner who may be called the royal family.
Around seven o'clock, Saida's driver arrived at the hotel, accompanied by a military off-road vehicle. The driver politely called, "Mr. Huo, Minister Saida asked me to pick you up.
please. "
"Hard work." Holly said politely.
Sit in the royal Maybach Pullman.
But this Pullman is not Holly's S680, but a limited edition S600 with a customized champagne-colored body.
Bulletproof configuration.
A limousine car belonging to the royal family and used to receive foreign government officials.
(End of this chapter)
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