Chapter 103 Universal Studios Hua Hin
Cang Yaozu's plan is to borrow from Southeast Asian governments through the Universal Studios project and raise funds from enterprises and private capital.
Well, this was also what Cang Yaozu learned from Disney. When Disney built the Paris Disneyland, he borrowed a lot of money. Disney also paid a lot of interest. The long-term loss in Disneyland Paris finally became a heavy burden for Disney.
But this does not scare Cang Yaozu. As a reborn person, what he lacks the most is vision and courage. In the eyes of others, there is a fog ahead, but in the eyes of Cang Yaozu, there is a bright road ahead.
It is now 1997, and the Southeast Asian financial crisis is approaching. At this time, borrowing money from Southeast Asian countries is simply a waste. I am afraid that you don’t borrow enough, I am afraid that others have no reason to lend it to you. The construction plan of the five Universal Studios is the best reason for borrowing, and this is also the confidence that Cang Yaozu promised to pay a down payment of US$5 billion to the Bronfman family within three months.
What makes Cang Yaozu different from Disney is that he knows that Southeast Asian countries will suffer a heavy blow in the next Asian financial crisis, and their currency depreciation is serious. Well, now lend 20 billion US dollars of currencies and then convert them into US dollars. When the financial crisis comes, Cang Yaozu only needs to return about US$8 billion to pay off all the loans, and all countries have to be grateful, because Cang Yaozu borrows the currencies of each country, but returns precious foreign exchange.
These funds can be turned over and entered the investment bank of the Wilder family, and then shorted the currencies of Southeast Asian countries through about 10 times of leverage. Well, after this wave of operation, Cang Yaozu Development will definitely not be short of funds. Now Universal Pictures has just invested in Hasbro, and then there will be funds to increase its holdings of Hasbro's shares. Maybe the funds to acquire Polykin can be earned.
Robert Eiger's first stop was Yandu, which was Cang Yaozu's base camp. He had sent people to discuss with the Yandu government to make peace. He took over an 8 square kilometers of land on the east side of Yandu urban area, and there was also a small lake in the plot.
After the land was won and the contract was signed, Robert Eiger went straight to the Magic City and demarcated 11 square kilometers of land in Chuansha New Town, PDX District. Universal Pictures intends to build a Universal Town here, which will be the largest Universal Studios resort in the world.
The plot of land in the Magic City was chosen by Cang Yaozu, which is very flirtatious because it is the location of Disneyland. The location of Universal Studios in Huadu has been temporarily shelved. Now we can only start some preliminary preparations, such as demolition, infrastructure, etc., and the design and planning of the entire Universal Studios has not yet been realized.
Robert Eiger's next stop is Thailand. King Bhumibol Adued grandly received Robert Eiger, who is 60 years old. Robert Eiger gave the gift prepared for the old king, the royal salute 21 years whiskey.
Yes, most of the gifts from Universal Pictures are purchased from Sigram Wine Industry, produced and sold by themselves, which is really delicious. Cang Yaozu would not allow his subordinates to buy gifts from other companies. Anyway, these wines are really good. They can not only save face, but also promote their own brand.
The King of Thailand Bhumibol is very fond of royal salute whiskey, that is, Cang Yaozu doesn't sell it, otherwise Bhumibol won't mind accepting this brand. The Thai royal family has been passed down for hundreds of years, and has a lot of wealth, so it is definitely not short of money.
The location of Universal Studios town does not require the downtown area, and the Bangkok royal family also needs to participate in this project. Therefore, Robert Eiger and the royal family discussed it and set the address in Hua Hin town 200 kilometers southwest of Bangkok. Hua Hin is a resort for the Thai royal family and nobles, with two royal palaces there.
There is a large area between Hua Hin and Thailand's San Hundred Peaks National Park. This place belongs to the Thai royal family. The royal family invested in this place of about 12 square kilometers and occupied 5% of Universal Studios' shares. Even if the project of Universal Studios Hua Hin Thailand has been officially finalized.
The first phase of Universal Studios Hua Hin was priced at US$4 billion. The Thai royal family took out 10 billion baht and obtained 10% of the shares. In addition, 5% of the land was exchanged, which was a total of 15% of the shares. Universal Studios held 85% of the shares. The Thai government also borrowed 120 billion baht from Universal Studios to ensure the construction of Universal Studios. It was so delicious!
Robert Iger and the Thai royal family agreed that this loan Universal Studios will be used first for the shooting of "The Lord of the Rings Trilogy", "Harry Potter", "The Matrix", "Pirates of the Caribbean" and the first episode of the Marvel Cinema Universe, and then build Universal Studios Hua Hin with box office output. In this way, when Universal Studios Hua Hin is built, these movies will be very popular, which will help drive the entire Thailand tourism market with Universal Studios as a selling point.
Thailand is now mainly developing Bangkok, Pattaya, Chiang Mai and Phuket. Small towns like Hua Hin are not well-known, but Robert Eiger still firmly chose this place. He believes that with the release of a series of super blockbusters, Universal Studios itself will have no shortage of attractiveness. The Thai royal family also met Universal Studios' super blockbuster plans and made up their minds to lend a loan of 120 billion baht to support Universal Studios.
Thailand still implements a fixed exchange rate system, 25 baht is exchanged for 1 US dollar, and the 120 billion baht is equivalent to 4.8 billion US dollars. Robert Eiger followed Cang Yaozu's advice and borrowed a large amount of baht. Then he would soon exchange these baht into US dollars and transfer them to Citigroup. Hua Hin Universal Studios project was slowly launched with a small amount of funds, and he was not in a hurry.
The construction of Universal Studios is indeed not in a hurry. All they are in a hurry is to borrow money. Whether it is government loans, loans from major banks and private equity funds for corporate and individual customers are also taking action. They have issued a large number of corporate bonds in the name of Universal Studios construction. At the same time, they have established Universal Studios private equity funds in the name of Panda Capital. Under the gimmick of guaranteeing principal and profits, the funding speed is very fast.
The target of bonds and private equity funds is also 100 billion baht, and these funds will be exchanged into US dollars through various channels and deposited into banks of the Wilder family.
Cang Yaozu didn't know if he had plundered 300 billion to 400 billion baht from Thailand through the Universal Studios project, it would affect Soros' plan to short the baht. Anyway, I'm not willing to die, so I'm too lazy to pay attention to him. Cang Yaozu still ordered Robert Eiger, who is in Thailand, to raise funds with all his might.
Looking at the 300 billion baht, it is actually only more than 10 billion US dollars. If you search carefully in Thailand, there is still little problem. After all, it is a high-quality project such as Universal Studios.
At the suggestion of Cang Yaozu, the Wilder family bank participated in the listing of Amazon. Cang Yaozu's private equity funds also obtained a lot of Amazon's stocks. When Amazon goes public, Cang Yaozu will continue to acquire Amazon's stocks. Now the listing of Internet companies is being popular, and technology stocks are rising rapidly.
In addition, the listing time of IQ Company has been determined, later than Amazon, on September 1, the first anniversary of Cang Yaozu's arrival in this world. Of course, before IQ Company goes public, IQ Company needs to undergo a share reform. Yes, Cang Yaozu requires IQ Company to implement an AB share system.
The AB share system is an equity structure implemented by listed companies. Ge Liqin is helping icq companies formulate an equity structure such as AB shares before listing, and then implement it after listing.
The AB share system, that is, the same shares have different rights, means that listed companies can have different rights, usually one share, one vote per shareholder, but a few senior executives in the company can count the vote per share. It is an effective means to effectively control the company by separating cash flow and control rights.
Different from the system of same shares and equal rights, in the dual equity structure of AB shares, shares are usually divided into two types of voting rights: high and low. Stocks with high voting rights have more decision-making power.
This is also a matter of course. Cang Yaozu doesn't want to be Wang Zhidong. He still wants to be Bezos. The company will be out of control as soon as it goes public. That is something that Cang Yaozu can't stand, even if the Internet bubble burst in 2000 and there is still the opportunity to repurchase shares. As for being ruthlessly driven away by capital, it is even more unbearable for life.
Chapter completed!