Reborn as the richest man in India
Chapter 541 Earn More
The original Chen's villa in Repulse Bay is now under Qiao Ge's name. Some renovations had been made under Beni's supervision.
Some of the previous special styles of the Chen family have been eliminated, and some traditional decorative styles from India have been added. Of course, there are also some styles that Beni likes.
Qiao Ge doesn't care about these, as long as Beni is happy.
The villa was bought for 150 million Hong Kong dollars. Now the market price is estimated to be more than 500 million, almost 600 million Hong Kong dollars. The price increase of luxury homes is still outrageous.
Qiao Ge will definitely not sell this villa, but other real estate properties.
Although the property market will be affected, the impact on luxury villas like Repulse Bay will be less.
Because these are scarce assets, and those who can afford them are either rich or expensive, they are not short of money.
Most of them are held for a long time and are rarely sold. Once sold, it is difficult to buy them back.
Therefore, the most unfortunate ones are those people who buy ordinary apartments at high prices, the middle class, or some speculators.
Liang Zhen came here with Hu Lin.
Seeing Hu Lin coming over, Qiao Ge understood in his heart that the mainland was ready to invest, but he didn't know how much the investment amount would be.
"Mr. Gupta, can I ask, how much are you planning to increase capital this time?" Hu Lin asked, "Please don't get me wrong, we are planning to increase capital, but I don't know whether you have the amount for our capital increase. requirements, so I’d like to know some of your investment amounts first.”
"I've prepared hundreds of millions of dollars this time." Qiao Ge said with a smile, but he didn't hide anything.
After all, everyone knows about this increase in investment.
Previously, Qiao Ge thought that the investment might be around US$4 billion, but he felt that he should be a little more conservative.
Because of the speculative funds caused by the financial crisis, Qiaogo decided to prepare about US$1 billion.
Of course, all this depends on the subsequent sales of mining companies in Brazil and Australia.
If there are suitable and sufficient amounts, then financial crisis speculation funds will be reduced. On the contrary, more funds can be reserved here.
Moreover, the asset disposal on Hongkong's side currently only has a valuation, which is at least 2 billion US dollars, but the specific amount cannot be determined yet.
These will have to wait until the transaction with Chen Xian and others can be confirmed.
In short, the capital investment of International United Mining Company is dynamic. If there is a lack of funds during the acquisition process, then it will definitely continue to increase investment.
After hearing Qiao Ge's words, Hu Lin and Liang Zhen's expressions changed.
They had never thought about the amount of Qiao Ge's investment. It was astonishing.
"Mr. Gupta, didn't you say that the Northern Mining Company will not exceed US$1.5 billion at most?" Hu Lin asked, "Does it need to increase capital by that much?"
"Mr. Hu, the acquisition of a northern mining company is not the end." Qiao Ge said with a smile, "I want to make International United Mining Company one of the top companies in the mining industry. It would be best if I could become the boss, so now these The investment is nothing.”
Hu Lin did not answer immediately and was silent for a while.
He knows some of Qiaogo's ambitions, such as becoming a top company in the industry.
But in his opinion, this kind of thing will take countless years, such as ten or twenty years, to slowly reach the top.
Judging from Qiao Ge's current investment scale, if everything goes well, he will soon become the leader in this industry.
Is this courage?
Thinking about Qiaogo's abnormal development over the years, he doesn't look like a person at all. According to the saying in India, he is the messenger of the gods.
Of course Hu Lin is atheistic, but Qiao Ge's development is really difficult to explain using the world's experience, as it has expanded too fast.
In fact, judging from past experience, there are many people and companies that have experienced rapid expansion, but these people have great hidden dangers in the process of growth.
For example, they borrowed heavily and relied on large-scale debt to increase the size of the company.
If everything goes smoothly, if there is an accident, the entire empire will collapse in one fell swoop.
In fact, the endings of these people are basically not good. Accidents will always happen. After all, their foundation is unstable and it is difficult to resist risks.
But Qiaogo is different.
Of course, Hu Lin conducted an in-depth investigation of Qiao Ge and found that Qiao Ge's debt situation was very good.
Although it has grown at an incredible speed, its debt ratio is better than that of most high-quality large companies in the world.
The fact that the debt ratio is so low that it can still develop at this speed is a miracle, or it may really need to be explained by a miracle.
"Then we will increase our capital by US$500 million." Hu Lin said after being silent for a while.
These words made Qiao Ge's expression change.
"$500 million?" Qiao Ge couldn't help but confirm.
"Yes, 500 million U.S. dollars." Hu Lin confirmed, "Mr. Gupta, is this okay? This is the limit we can spend here, and there is no more."
Qiao Ge sighed in his heart that this amount was beyond his expectation.
When he thought about it, US$100 million from the mainland was too much, but he didn't expect US$500 million. It was amazing.
"Of course, no problem." Qiao Ge said with a smile, "For the company, the more funds, the better. To be honest, I didn't think you would invest too much before. Three hundred million US dollars might be the limit. I didn't expect it to be 5 Yi. I'm very curious. I don't know why you suddenly seemed to change your mind. You shouldn't have had this attitude before, right?"
The last time I invested, I invested US$100 million only due to Hu Lin’s persistence and various efforts.
It has only been a short time since the company was willing to increase its investment by US$500 million. It is obvious that Hu Lin's leader has changed his attitude and is optimistic about this investment.
"This is all Mr. Gupta's glorious fortune-making experience, which gives me more confidence to convince the leaders." Hu Lin said with a smile, "After seeing your experience over the years, the leaders all chose to believe that your choice will not Wrong, I believe that our investment will definitely bring huge returns, so we are not so stingy in terms of the amount."
After Hu Lin finished speaking, Qiao Ge just smiled and stared at him without making a sound.
"Of course, some domestic experts also believe that with the country's economic development and large-scale infrastructure construction, the demand for iron ore will indeed increase significantly. Regardless of whether there is enough, we must prepare for a rainy day." Hu Lin continued to explain .
As mentioned earlier, Qiao Ge's experience in making a fortune is certainly one of the reasons, but it is not the main reason for the leadership's recognition.
There are a combination of factors that lead to this result.
It is indeed necessary to prepare for a rainy day, and the country's foreign exchange is now not as tight as before.
Well-known figures such as Rohatyn and Lawrence are closely related to Qiaogo and have shares in the company.
Therefore, the leaders are very optimistic about International United Mining Company after analyzing various factors.
"That's it." Qiao Ge smiled.
He didn't ask any more questions. It was probably a decision made by China's top management, and there must be deep strategic considerations.
As long as Hu Lin is willing to invest, it doesn't matter if he gives up a little profit.
Establishing a good relationship with Hu Lin means that his business and investment in the mainland will be smoother in the future.
As an Indian, I definitely can't compare with the big guys here in Hongkong. As Hongkong people, they have inherent advantages in investing in the mainland.
So I could only make some amends elsewhere. Fortunately, I met a person like Hu Lin who could serve as a link.
To be honest, as the mainland's funds increase, I will earn less from iron ore, but compared to my future investment income in the mainland, I will definitely earn more, there is no doubt about this.
As for the mainland, I believe that in the future, iron ore will be less extorted by foreign iron ore companies. This will be good for both itself and the mainland. It can be said to be a win-win situation.
"Mr. Gupta, I heard that you intend to sell Hongkong's property?" Liang Zhen asked, "Our Liang family is interested. Of course, our funds are not enough to acquire the entire property. I wonder if Mr. Gupta can carve out a part of it." How about transferring the industry to us? The price will definitely satisfy you." (End of Chapter)
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