We are all reborn, who wants to be the richest man?
Chapter 157 An unexpected gain
Chapter 157 An unexpected gain
When Luo Nianzhong came to the Blue House the next day, his face still looked not very good. He no longer had the smile of the past and had a serious look on his face.
When acting, you have to do the whole thing. Although the outcome is already determined, Luo Nianzhong also got what he wanted.
But he wanted Quan Douhuan to know that he had suffered a loss and was very dissatisfied with the result, so that Quan Douhuan would have some guilt and thoughts when facing the Far East Group's development in South Korea in the future.
Although it is a bit impossible with Quan Douhuan's greedy and cold-blooded character, but what if.
Luo Nianzhong has nothing to lose by putting on a bad face, and it is of course the best to make a profit.
Led by his secretary, he arrived at the Cheong Wa Dae office. Quan Douhuan stood up to greet him in a very dignified manner, as if he wanted to show a trace of apology.
"Mr. Luo, welcome. I'm really sorry for last night. I'm very interested in the cooperation plan you proposed. After all, it will help our South Korean companies avoid many detours in the technology industry.
But I didn’t expect Commander Wycombe to veto it without waiting for me to speak. You said this was a big deal."
As soon as Quan Douhuan came up, he acted like he had no choice but to do it. It's not that I don't agree, but that the beautiful white house has an opinion and he can't do anything about it.
Typical official behavior: now that the overall situation has been decided, the next step is to repair and strengthen the relationship between the two parties in order to obtain more benefits.
After hearing Quan Douhuan's words, Luo Nianzhong's serious face became more relaxed, and he seemed less serious.
"Mr. President, you're welcome. I'm just a businessman. I don't want to mention the political issues anymore. I just let the matter of last night go by."
"Okay, let's not talk about what happened yesterday. Let's talk about the two companies that Mr. Luo wants to invest in. I have already called President Cui Zhongxian and he should be here soon.
Dissatisfied, Mr. Luo said, "I was just reading the plan you submitted this morning. To be honest, I didn't expect that Mr. Luo would choose SK Group."
Last night, Luo Nianzhong had people prepare a plan overnight, which included the proportion of shares Luo Nianzhong hoped to obtain, what kind of help and future plans it would bring to the two companies, etc. This document was laid out early this morning. In Quan Douhuan's office.
Luo Nianzhong is not worried at all about the two companies he chose.
Needless to say, POSCO is a state-owned enterprise.
Chun Douhuan's original plan was to privatize state-owned enterprises and not retain any state-owned enterprises.
For Pohang Steel, which Luo Nianzhong is interested in, Quan Douhuan can make a decision, which is nothing more than turning internal digestion into introducing foreign investment.
As for SK Group, Luo Nianzhong still knows Cui Jongxian.
He is the younger brother of Choi Jong Gun, the founder of SK Group. It was under his leadership that SK Group quickly became one of the South Korean consortiums from a textile company and was known as a scholar entrepreneur.
Moreover, he received a Western education and knows how to play both sides and put interests first.
Historically, during the Chun Douhuan era, he relied on catering to the president in exchange for the rapid development of the company.
After Quan Doo-hwan stepped down and supported his follower Roh Tae-woo, he even asked his son to marry Roh Tae-woo's daughter, which received a lot of support from Roh Tae-woo. It was also during this period that he dominated South Korea's communications market.
Therefore, Luo Nianzhong is not worried that SK Group will not welcome him to join. Cui Zhongxian knows very well that his joining will definitely bring more benefits than disadvantages to SK Group.
Could it be that without Luo Nianzhong, no one else would be peeking at SK Group? It’s not that South Korea’s major consortiums don’t have domestic capital, but it’s just not as serious as it was later.
But Cui Zhongxian has no doubt in his heart that as long as there is an opportunity, the capital of those beautiful countries will unscrupulously come to take a bite.
The addition of Luo Nianzhong, among other things, can save SK Group a lot of trouble by at least not having to worry about endless donations from Quan Douhuan.
How powerful is Quan Douhuan in making money? During his eight years in office, he forced more than $10 billion in donations from these consortiums.
I really can’t believe it, what is the combined market value of these consortiums?
On the one hand, the government continued to lend money to these consortiums. As the consortiums continued to develop and get higher incomes, Quan Douhuan could also receive more donations. This was equivalent to whether the consortiums were working for him in vain or borrowing money to work.
With Luo Nianzhong joining, there will definitely still be donations, but it will never be the same as before.
Based on Luo Nianzhong's relationship with the current owner of the beautiful Capitol Hill, his relationship with Commander Wycomb in South Korea, and Luo Nianzhong's international status with the Far East Group, Quan Doohuan did not dare to completely break up with him.
Moreover, his joining represents the influx of capital and technology, especially in the field of technology, which will definitely be a major boost.
South Korea's technology industry is still a blank sheet of paper. If it can capture the largest share, the Cui family's power will undoubtedly increase a lot.
It can be said that Luo Nianzhong's joining, apart from putting the Cui family's equity at risk, is all benefits.
And Luo Nianzhong has no intention of participating in the development of SK. He is just laying a chess piece in South Korea, so he is not worried at all.
Not to mention SK, no consortium in South Korea is unwilling to cooperate. The only thing missing is Chun Doo-hwan's nod.
From this aspect, SK is a big bargain.
While waiting for Cui Jongxian, the secretary came in and delivered a document to Quan Douhuan. Quan Douhuan did not avoid Luo Nianzhong and opened it directly on the coffee table in front of him to sign.
Luo Nianzhong saw the words "Dongming Timber Bankruptcy" written on the letterhead, and knew that this was Quan Douhuan's famous confiscation of Dongming Consortium.
After thinking for a while, Luo Nianzhong said, "It seems that Mr. President is in trouble."
Quan Douhuan stopped signing with his hand and looked up at Luo Nianzhong, "What does Mr. Luo mean by that?"
Luo Nianzhong stretched out his finger and pointed at the document on the table, "Sorry, I didn't mean to read it, I just accidentally glanced at a few words."
"If I'm not wrong, there should be people who are willing to take over Dongming Timber's profitable enterprises, but no one is interested in the timber business that caused the Dongming Consortium's capital chain to break, right?"
What Luo Nianzhong said sounded nice. If anyone took over, it would just be sold at a low price to those supporters who followed Quan Douhuan.
As for the timber business started by Dongming Consortium, no one wants this mess at all.
How did the Dongming Consortium get to where it is now? The fundamental reason is that international timber raw materials have surged, causing Dongming Wood to lose money on every piece of plywood it exports. Therefore, the consortium is insolvent and is seeking to sell off its assets.
But Quan Douhuan refused directly, not only bankrupting Dongming Timber, but also taking the industry by force.
Nowadays, all the profitable industries have been taken over, except for the largest Dongming Timber Company and related industries, which no one wants, so they can only choose to go bankrupt and liquidate.
Luo Nianzhong thinks this is an opportunity. The increase in international lumber prices has no impact on Luo Nianzhong. You must know that rabbit and Far Eastern lumber are very cheap.
Moreover, Dongming Timber can indirectly control thousands of small and medium-sized enterprises in South Korea, which is of great strategic significance.
Historically, with the liquidation of Dongming Timber, a large number of companies related to Dongming Timber closed down, and South Korea changed from a plywood exporter to an importer.
If he can take over this hot potato, it will play a great role in the stability of South Korea. Quan Douhuan must know this, which means that he can use it to pursue other things.
Sure enough, Quan Douhuan became interested when he heard Luo Nianzhong's inquiry, and his eyes almost gleamed.
"Is Mr. Luo interested in this company? If Mr. Luo is interested, our government will definitely make every effort to facilitate this matter, and the price will also satisfy you."
Luo Nianzhong smiled and said, "Mr. President, we all know what the price of the international timber market is now. This company is heavily in debt, and the debt alone requires a large amount of money."
Quan Douhuan waved his hand nonchalantly, "Mr. Luo misunderstood. What you received was only the equipment, factories, personnel, etc. of this company, not Dongming Timber Company."
Understand, Quan Douhuan wanted to turn Dongming Timber into an empty shell through manipulation, and then take possession of everything including equipment, land, and sell it to Luo Nianzhong.
Except for the name, everything remains the same as the Dongming Timber Company.
Such a blatant act can really be said to cover the sky with one hand without any cover-up.
This cannot be described as greed, it is a blatant embezzlement of national assets.
But this has nothing to do with Luo Nianzhong, he said that I like it. How could he have his own gains without his greed.
"I want Busan Bank and Dongming Shipping as compensation. If Mr. President agrees, I will give your government a reasonable and satisfactory price to take over Dongming Timber Company."
Luo Nianzhong was not polite and bluntly stated his purpose.
Busan Bank is an opportunity to enter South Korea's financial industry. It is the largest commercial bank in Busan and has great development potential.
As for Dongming Shipping, it was originally established to facilitate the transportation of Dongming Consortium and is not large in scale.
The shipping industry is currently in a slump, but Luo Nianzhong will enter this industry sooner or later. Now he is just accumulating experience.
Besides, the Far East Group has a huge demand for shipping, so there is no need to worry about this company's business problems.
Quan Douhuan knew that Luo Nianzhong would not accept this burden in vain, but he did not expect that he would ask for these two companies. Fortunately for Dongming Shipping, the company was established to serve its own consortium and did not do much external business.
The most valuable thing was the ships. Quan Douhuan and his colleagues took over the company with no intention of developing it, they just wanted to sell the ships to make a profit.
But Busan Bank is different. It is the largest bank in Busan.
Busan is located diagonally from Seoul, one to the southeast and the other to the northwest.
When Luo Nianzhong gets Busan Bank, he will not be satisfied with the status quo, and will definitely develop vigorously. It is foreseeable that it will become the largest bank in the southeastern region of South Korea by then.
Moreover, with his own local settlement bank, Luo Nianzhong's business in South Korea is no longer transparent to Quan Douhuan, which is also a situation that Quan Douhuan does not want to see.
Of course, even if Luo Nianzhong does not acquire Busan Bank, it will be the same when his Far East Bank develops in South Korea.
However, development takes time, and it cannot be trusted and accepted by South Korean people just by opening a business.
After thinking about it, Quan Douhuan wanted to shirk or ask the other party to lower his demands.
"Mr. Luo, you may not know that someone is willing to take over the Bank of Busan. I'm afraid it's not appropriate to do this? After all, I have to be trustworthy."
These nonsense words are just deception. Luo Nianzhong doesn't care about them and will not give in at all.
"Mr. President, this is very simple. You can find people who are willing to accept Busan Bank, and I will increase the price to acquire them.
If you change hands like this, you will make a lot of money, I don’t think he will refuse.”
When Quan Douhuan heard this, the smile on his face became stiff.
How to find it? Now everyone knows what is going on but is not talking about it. If Luo Nianzhong really wants to find people as he said, it will be a joke for Luo Nianzhong to make the family scandal public.
And Luo Nianzhong knew this situation and still said that, which was a bit disrespectful to him.
"Mr. President, you are a good leader who considers the country. To express my respect for you, how about I am willing to pay a 50% premium on the acquisition of Busan Bank?"
These words made Quan Douhuan, who had a somewhat stiff face, flash in his eyes. The Bank of Busan is now worth more than 50 million U.S. dollars. A % premium would be equivalent to giving himself million U.S. dollars. This is a real good start.
As mentioned before, Far East Bank will come in sooner or later, and now Luo Nianzhong is buying time with money, which he can accept.
Quan Douhuan, who received such a large benefit, could accept it after thinking about it. In history, didn't he also sell a lot of shares to Beautiful Country Capital in the end?
"Okay, then I will be the villain to discuss with the other party.
After all, Mr. Luo is my friend and a foreign businessman. In order to better show our welcome to foreign businessmen, I think the other party will also understand our righteousness. After all, our purpose is for this country, right?"
"Then I would like to thank Mr. President."
Picking up the tea cup, Luo Nianzhong smiled and thanked him.
"With tea instead of wine, I would like to express my gratitude to Mr. President for his support. I believe that South Korea will develop well under your wise leadership."
"Hahaha, I'm also grateful to entrepreneurs like Mr. Luo for coming to invest in our construction."
"Chang" The two of them clinked their glasses.
Just at this time, the secretary walked in and said that Cui Jongxian had arrived. Quan Douhuan waved his hand casually and asked the secretary to bring him in.
The attitude is not like treating a big domestic entrepreneur at all, but more like a subordinate.
This is also true. After Cui Zhongxian came in, he first bowed to Quan Douhuan and said hello. After Quan Douhuan was satisfied, he casually motioned for him to sit down.
The attitude towards Luo Nianzhong is completely different. From this point, we can also see the humbleness of South Korean entrepreneurs during the Chun Douhuan era.
After Cui Jongxian sat down, Quan Douhuan introduced the two parties.
"This is Mr. Luo Nianzhong from Far East Group, I think you should know."
After speaking, he said politely to Luo Nianzhong, "Mr. Luo, this is Cui Jongxian, the president of SK Group."
As soon as he finished speaking, Cui Zhongxian stood up, stretched out his hand and said, "Mr. Luo, I have admired your name for a long time. In my opinion, you are a legend in the business world. I am really lucky to see you today."
Luo Nianzhong shook hands with him and said modestly, "President Cui is so polite. It's just good luck."
Before Cui Jongxian could say anything else, Quan Douhuan interrupted.
"The reason why I called you here today is that Mr. Luo is very optimistic about your SK Group and is ready to invest in your company.
What is your opinion on the transfer of the part of the shares held by the bank? "
Cui Zhongxian didn't expect it to be such a big thing, and he didn't know what to say for a while.
Luo Nianzhong smiled and said, "You don't have to worry about us, and I am only optimistic about your investment and will not participate in the management of SK Group.
If you are worried, we can also sign a contract to let you hold the voting rights of the shares in my hands."
Luo Nianzhong specifically explained this point. After speaking, he glanced at Quan Douhuan and found that his expression remained unchanged, as if it was nothing to do with him.
Quan Douhuan's words just now were obviously meant to embarrass Luo Nianzhong and to embarrass him.
Ready to invest, the word ready is very subtle, giving people the feeling that they want to acquire your company.
You must know that the bank holds a lot of SK shares. After the transfer, Luo Nienzhong will instantly become the largest shareholder. How can Cui Jongxian not think about this.
If Cui Zhongxian had refused or said he was considering it just now, Luo Nianzhong would have been a little embarrassed.
You see, you planned and acquired it, but they didn’t agree at all.
Quan Douhuan was seeking revenge for the embarrassment Luo Nianzhong had caused him at the Busan Bank just now.
Cui Zhongxian obviously heard something from the words of the two people, but since he can come here, it means that Quan Douhuan agrees.
And he himself is even more willing. If his family does not lose control of the group, doesn't he know how much benefit it can get from being able to embrace Luo Nianzhong's lap?
However, he was smart enough not to express his position directly, but spoke to Quan Douhuan in a low profile.
“It all depends on the president’s decision, and we at SK Group are willing to accept the government’s opinions.
I believe that no matter what decision Mr. President makes, it will be for the betterment of this country, and this is the goal of our group."
Smart man, this is Luo Nianzhong's evaluation of him. One word already contains too many compliments.
Everyone present understood what was going on with his compliment, but at least his attitude satisfied Quan Douhuan.
"It is a good thing to be able to introduce the Far East Group's technology to develop new industries. Of course our government supports it. Since you have no objection, then this matter is settled."
"It all depends on Mr. President." Cui Jongxian replied.
"In this case, we will not disturb Mr. President's work. The next specific matters will be discussed by both of us. After all, I will not stay in South Korea for too long."
When Luo Nianzhong saw that the matter was settled, he was ready to leave. At the same time, he also told Quan Douhuan that he would not stay in South Korea for too long and that the matters of Dongming Timber Company needed to be handled as soon as possible.
Quan Douhuan obviously heard it, stood up and said, "Then I, the middleman, will not disturb you two. I have been busy with you all morning, and a lot of work has not been handled. Many things can be handled very quickly. It doesn’t take much time”.
The last sentence was obviously a response to Luo Nianzhong, to reassure him.
Choi Jong-hyun didn't know what was going on. He bowed again and thanked him and said, "It's already noon. How about I treat Mr. President and Mr. Luo to a meal?"
Quan Douhuan seemed to be very anxious about the tens of millions of dollars from Busan Bank and the money from selling Dongming timber, so he refused Cui Jongxian's banquet.
"Forget it, I still have a lot of things to do, just help me stay with Mr. Luo."
"Absolutely, then I will treat Mr. President to a banquet next time."
(End of this chapter)
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