They are all reborn, and the grandson is still a spare tire

Chapter 704 I want a lot of gold

Half an hour later, in the large conference room.

Equity transaction negotiations between Jiuye Investment Group and South Africa’s MIH have officially begun.

The ones negotiating on behalf of Jiuye Investment Group were the venture capital team headed by Li Haiyang and the lawyer team led by Luo Zihui!

Negotiating on behalf of South Africa's MIH was a team headed by the CFO of MIH.

The leading figures on both sides, Yao Yuan and MIH Chairman Becker, were not directly involved in the negotiations, although they were sitting in the conference room.

Also in the conference room was a third party involved, a team from Penguin.

The Penguin team is not directly involved in the negotiations, but only supervises on-site to ensure that its own interests are not violated.

At this time, Yao Yuan and Becker, as well as Xiao Ma and Li Zekai, were sitting in the rest area nearby, discussing in low voices!

Behind Yao Yuan is Jiang Meihui, who is responsible for simultaneous interpretation.

Behind Becker, there was also a Chinese simultaneous interpreter.

Just like Brother Ma, as soon as he sat down, Becker bit his back teeth and asked:

"Mr. Yao, may I ask, is it Jiuye Investment that has been heavily shorting the South African Press Group and the Standard Bank of South Africa in the past few months?"

"In order to force us to sell this part of our Penguin equity, you are crazy about shorting our parent company. Is this going too far?"

"Now you are close to achieving your goal and have successfully brought us to the negotiating table, but I still don't agree with this barbaric and bandit-like acquisition method."

Following his words, Superboy and the others all looked at Yao Yuan.

Although they had just heard Yao Yuan's explanation, they still wanted to see how he would respond to the suffering master's questioning and whether he would be as calm as before!

Jiang Meihui, who led the team to implement the short-selling plan, blushed slightly.

Fortunately, she had a good psychological quality and did not forget her responsibilities, so she quickly translated what Becker said.

After she finished translating, Yao Yuan smiled and shook his head.

"Mr. Becker, you are obviously looking at this issue emotionally, which is biased!"

"As we all know, we are a super short seller in the international financial market. There are countless short-selling companies and we are also short-selling the international financial market. This is normal business behavior."

“Our short-selling targets include European and American financial markets, top financial institutions such as BNP Paribas and Lehman Brothers, as well as South African Press Group and Standard Bank of South Africa.”

"Let's put it this way, as long as we find a good short-selling opportunity, we will not let it go. Your parent company happens to be very qualified for short-selling!"

Hearing this, Becker couldn't help feeling angry.

What a madman, together we are the fish on the chopping board, only for you to slaughter!

As long as we don't agree to sell our shares in Penguin, you bastard will kick us into hell. It's so vicious!

Becker complained wildly and hated it so much that his teeth almost broke!

Look at Yao Yuan again, still talking.

"Because the South African Press Group and Standard Bank were deeply involved in the subprime crisis and had huge problems, we shorted these two South African listed companies."

"What you should do now is to find ways to solve your own problems as soon as possible, make up for the loopholes, and avoid causing greater losses."

"Otherwise, even if we don't go short, other short sellers will discover this opportunity, and then swarm in and completely defeat these two South African listed companies!"

"Jiuye Investment's acquisition of this part of Penguin equity held by you just provides you with an opportunity to solve your own problems. It depends on how you choose."

Following his words, Becker almost jumped up with anger.

You, a vicious bastard, have wiped out more than 90% of the market value of our parent company. Do you still want us to be grateful?

Thank you bastard for not killing anyone and helping us out?

Nearly half of the life-and-death dilemma we are facing now is caused by you, bastard!

Although he was furious, Becker did not get angry immediately.

He knew very well that getting angry on this occasion would not be of any use, but would lead to bad things!

It seems that the Penguin equity held by my company can only be sold to this bastard in front of me!

Otherwise, the South African Press Group and Standard Bank will never survive for two months, and they will go bankrupt, and MIH will also go bankrupt!

By then, this part of Penguin's equity will fall into the hands of others, or even be foreclosed!

Once things develop to that point, the money that you and your company will get will be very little!

Thinking of this, Becker had no choice but to suppress his anger and continue to deal with Yao Yuan.

"Okay, Mr. Yao, even if what you say makes sense, the problem lies with ourselves, and being shorted by short sellers is an inevitable result!"

"Now that things have happened, it is meaningless to talk about these things and cannot restore the stock price of our parent company!"

"I have a request. If we reach this equity transaction, I hope you will raise your hand and give up shorting the South African Press Group and the Standard Bank of South Africa!"

"As for the problems we have, we will find ways to solve them. Just don't add insult to injury!"

Seeing his attitude, a smile quickly flashed in Yao Yuan's eyes.

I have spent more than half a year planning and putting in so much thought, just waiting for this moment!

Now that you have surrendered, it is not impossible to let you go!

I really don’t like the little money you make from short selling!

After pretending to think about it, Yao Yuan smiled and nodded.

"No problem, Mr. Becker, if we can reach this equity deal, we can give up continuing to short the South African Press Group and Standard Bank!"

"This is a bit of sincerity on our part to facilitate this equity transaction."

"In addition, I think we can cooperate in other areas, which will allow you to get out of trouble faster and survive the upcoming financial crisis safely!"

Becker was dumbfounded and froze on the spot.

The rest of the people at the scene were also a little confused!

No one expected that Yao Yuan would actually propose cooperation with the South Africans. The topic jumped a bit!

Through crazy short selling, you have just driven someone to the point of bankruptcy, and then you turn around and start cooperating with the other party. Are you kidding me?

While secretly complaining, everyone was full of curiosity about the cooperation Yao Yuan mentioned.

The next moment, Becker said curiously:

"Mr. Yao, what is the content of the cooperation you are talking about? Can you elaborate on it?"

"If cooperation with you is indeed profitable and can help us get out of trouble, we will naturally be very happy!"

Yao Yuan nodded and immediately revealed the cooperation plan.

"As far as I know, behind the South African Press Group is the South African National Sovereign Fund, which controls many precious mineral resources in South Africa!"

"For example, gold mines and iron ores. South Africa's gold reserves and production are the highest in the world, and the grade of iron ore is also quite good!"

"The cooperation I am talking about is for gold and iron ore. We are willing to purchase a large amount of spot gold from South Africa and sign long-term supply contracts with South African iron ore companies."

"Let's just talk about gold trading. We are willing to purchase a large amount of gold at an increase of 2% based on the international gold price, provided that you airlift the gold directly to Hong Kong Island!"

"Ah! You are willing to buy a large amount of gold at a 2% premium. Did I hear you correctly?"

Becker exclaimed, and his eyes instantly turned golden.

He is certainly very aware of the huge benefits contained in this cooperation.

South Africa is the world's largest and most important gold producer. The price of gold is already a little lower than the international gold price. If there is a 2% premium on the international gold price, the profits will be even more amazing!

Moreover, gold is a precious metal, and its price per unit weight is very high.

The profit generated by transporting one kilogram of gold to Hong Kong Island is absolutely different from the profit generated by transporting one kilogram of iron ore to Hong Kong Island!

Because he understood this, Becker was ecstatic!

Looking at Yao Yuan again, he nodded confidently.

"Of course you heard it right, Mr. Becker, we are indeed planning to purchase a large amount of gold. South Africa is the world's largest gold producer. This is a win-win business!"

"The scale of these gold transactions is likely to be as high as tens of billions or even hundreds of billions of dollars. We will purchase as much gold as you produce!"

"The losses suffered by the South African Press Group and Standard Bank are nothing compared to the profits from gold spot trading. You will definitely make a lot of money!"

Hearing the sheer scale of these gold spot transactions, Becker could no longer sit still.

He quickly stood up from the sofa and stretched out his right hand impatiently.

"Mr. Yao, if you really want to purchase a large amount of gold, we can definitely cooperate."

“We in South Africa may be short of other things, but we are not short of gold!”

Yao Yuan also stood up and shook hands with the other party.

"Okay, Mr. Becker, I am very happy to cooperate with you."

"As for the specific content of cooperation, we can sit down and talk about it later."

Just as they shook hands and reached a verbal agreement, Ponyboy and Superboy sitting nearby still had shock in their eyes!

Spending tens of billions of dollars, or even hundreds of billions of dollars to buy spot gold, what is Yao Sheng going to do?

Is it possible to build a gold reserve on Hong Kong Island? Is this something a private capital group can do?