Chapter 908 Mutual Computation
end of june
After nearly a month of back and forth, Yang Chen finally reached a final cooperation agreement with several major consortiums in the island country.
Through the listing of Chengzi Technology in the island country at the end of the year, as well as the promise to allocate shares to major consortiums in advance, as well as the mortgage of the remaining shares held by Yang Chen, and his personal guarantee, the real estate company under Yang's consortium has obtained several major
The consortium jointly lent up to US$30 billion in loans.
After the dilution of Orange Technology Company's shares this time, Yang Chen's share of Orange Technology Company will be as low as 30%, and he has lost his absolute controlling interest in the game company.
However, Yang Chen reserved some rights in the end.
Regarding the voting rights of shares, Yang Chen has made some restrictions. In order to win over some American political bosses, he gave up some of the shares. The shares that Yang Chen gave up on his own initiative. The rights enjoyed by his shares do not include those held by him.
Voting rights based on the amount of shares.
This means that if he gives away 10% of his shares, the voting rights of these shares may only be 5% or less.
In the U.S. market, Yang Chen has already given up 40% of Orange Technology's shares, plus the 30% he ultimately retained. When Orange is listed on the island's securities firm, it will eventually include giving it to several major consortiums in advance.
With the share allocation, nearly 30% of the shares will be released to the island country market.
At that time, Yang Chen only held 30% of Orange Technology Company. However, after a series of adjustments, his voting rights exceeded 40%, and the 3% he held
The ten shares also allow him to continue to maintain his status as a major shareholder and prevent Orange Technology Company from completely losing control.
Although he has lost absolute control over Orange Technology, it is not easy for the board of directors to replace him. Unless all shareholders from the United States and island countries unite by then, no one will be able to shake his control over Orange Technology.
With a loan of up to 30 billion US dollars in hand, Boss Yang did not cover it in his arms and lay eggs. According to the agreement with several major consortiums, Yang Chen turned around and returned all the borrowed money to Sumitomo and others.
Several major financial groups.
Behind the $30 billion deal are pages of contracts signed between Yang Chen and several major Sumitomo consortiums.
Although several major consortiums have been suppressed from all sides since the end of World War II, and their monopoly positions have been greatly affected, the newly reorganized consortia still monopolize nearly half of the island country's economy, directly controlling 2% of the island country's economy.
Ten employed people.
Yang Chen loaned so much money in order to invest in commercial buildings and commercial residences in the first-tier cities of the island country, as well as the stocks of consumer companies whose stock prices will rise in the future.
And most of these are in the hands of large financial groups in island countries.
Therefore, the entire transaction, to put it bluntly, is a left-handed exchange of chips between Yang Chen and several major island nation consortiums.
If Yang Chen borrows these loans and uses them for investment outside the island country, several major consortiums in the island country will not be able to trust Yang Chen with loans of up to 30 billion US dollars.
After all, the repayment risk for such a large amount of money is too great, even though the market value of Yang Chen’s Chengzi Technology is close to 50 billion US dollars.
However, things like market value are mainly determined by the market and investors, and there is a lot of uncertainty in the process. No one can guarantee that Orange Technology will suddenly collapse like Atari that day.
Therefore, generally large consortium companies will not be able to concentrate on investing in one industry. The only way to survive in the long term is to diversify their investments and own a large number of real industries.
Several major financial groups in the island country are willing to lend so much money to Yang Chen. In addition to Yang Chen returning all the money to them, several chaebol families headed by the Sumitomo family have deeper intentions.
Several major island country financial groups hope that through this loan, they can firmly control Yang Chen in their hands and turn Yang Chen into a migrant worker serving them.
You must know that the money of several major consortiums is loans. Since it is a loan, interest must be calculated. The interest of 30 billion US dollars is calculated based on the prevailing long-term loan interest rate of at least 7% in this era.
For a loan of 30 billion U.S. dollars, Yang Chen has to pay back at least 2 billion U.S. dollars in interest a year. If converted into the Hong Kong dollar, which has depreciated rapidly, it is already close to 20 billion Hong Kong dollars.
In addition to paying interest on time, Yang Chen also has to bear various uncertain risks caused by the decline of real estate and stock market in the island country.
Once the real estate and stock market profits of the island country cannot reach the interest he needs to repay on the loan, then this deal will tightly wrap around Yang Chen's neck, and even his life and death will be decided by the consortium headed by the Sumitomo family.
For a genius like Yang Chen, if some people are envious, there will definitely be others who are jealous. Among several major island nation consortiums, there are naturally people who hope to see Yang Chen fall. For example, the Mitsubishi Consortium, which has the least amount of transactions with Yang Chen this time, is very hopeful.
Seeing that the genius Yang Chen was obliterated.
Each of the major consortiums has their own considerations. Similarly, Yang Chen himself has his own calculations. Among them, in terms of transaction settlement currency, Yang Chen clearly stated in the contract that the settlement would be in US dollars.
Next, after the Plaza Accord, the U.S. dollar plummeted and the yen appreciated. If the contract is settled in Japanese yen, an opportunity to make money will be wasted.
Therefore, when borrowing money from banks owned by several major consortiums, he explicitly added this clause to the contract.
With this alone, after two years, he will be able to double his profit from it, turning US$30 billion into US$60 billion, which is not too satisfying.
In addition, when Yang Chen signed the acquisition contract, he also took advantage of the repayment date. For a building worth ten million US dollars, the transaction amount refused to be settled in one go.
Later, when Li Chaoren was selling a property, the buyer extended the repayment date very long. It was meaningful to pay a down payment for the first time, and then pay back the remaining debt slowly.
Yang Chen also adopted this method to buy as many commercial buildings and residences in first-tier cities in the island country as possible.
In this way, with the US$30 billion in loans he has in hand, he can complete transactions of more than US$100 billion.
When the yen appreciates and global capital pours into the island country's market, the capital in his hands will not double to US$30 billion, but will double to US$100 billion.
Yang Chen's boldness surprised several major financial groups in the island country, but it was also out of fun. Anyway, they would not suffer losses. All the risks were placed on Yang Chen alone, and their losses were almost zero. This kind of beauty
It's a thing, how can the islanders refuse? They are simply too welcoming.
Today's joy, tomorrow's tragedy.
after two years
Several major financial groups in the island country saw the appreciation of the yen, and Yang Chen made unimaginable wealth from them. Several major financial groups all vomited a mouthful of blood...
Chapter completed!