1012 lost 200 million US dollars in vain, the world's second largest cotton supplier Olam International Group,!

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At this time, several assistants hurriedly walked into the chairman's office and said in unison: "Chairman!"

Chen Hui turned his head and asked, "How many shares have you acquired from Olam International Group?"

Olam International Ltd is an internationally renowned trader of agricultural products and food, the world's second largest cotton supplier, and one of the world's largest producers of agricultural products.

Olam International Group is also a large multinational group listed in Singapore!

Chen Hui has long been interested in this company!

The company ranked 1,453 in last year's Forbes Global 2000, with annual sales of $16 billion, net profit of $300 million, assets of $12.3 billion, and a market capitalization of about $4 billion!

An assistant said: "Chairman, we have now acquired 45% of the shares of Olam International Group!"

"A total of $1.8 billion was spent!"

It is a world-leading agricultural business group, founded in the 1860s, with diversified businesses (textiles, crops, office automation product distribution, software development and distribution, automobile and auto parts distribution, real estate development, food materials and industrial raw materials suppliers, mainly cotton, coffee, cocoa, cashew nuts, rice, sugar, sesame, trees, timber, peanuts, beans, spices, agricultural products, among which cotton trade occupies a pivotal position, origin from West Africa, East Africa, Central Asia, In dozens of countries such as the United States, Olam International Group participates in all aspects of cotton production and direct export, and has a high reputation in the same industry around the world, in addition, Olam International Group has its own ginning factories in Pakistan, Curry Country and West Africa and other countries, and is committed to providing high-quality and thoughtful services for textile enterprises from seeds to shelves, and now provides food and industrial raw materials in 65 countries, with more than 13,600 customers around the world and 23,000 employees!

It is a global leader in business transactions including cocoa, coffee, cashews, rice, as well as cotton!

They started doing it early!

Chen Hui nodded, and then said curiously: "How much did the Mitsubishi Consortium sell?"

The assistant smiled: "Chairman, they made a $800 million move!"

Temasek Holdings, which once went bankrupt, holds 32% of the shares of Olam International Group, and Singapore's sovereign wealth fund holds 20% of Olam International Group's shares, which together are 52% of the shares, and jointly control Olam International Group, but after the bankruptcy of Temasek Holdings, 32% of the shares in its hands have been lost to major Asian financial institutions, or circulated in the stock market!

They bought 25% of the shares!

Last year, Mitsubishi Corporation, a subsidiary of the Toei Mitsubishi Consortium, spent $1 billion to acquire 20% of the shares of Singapore Olam International Group in order to take a stake in Singapore Olam International and further expand the African market!

However, Mitsubishi Bank, a subsidiary of the Mitsubishi consortium, suffered heavy losses in the foreign exchange market and wanted to sell 20% of the shares of Singapore's Olam International Group for $1 billion, but no financial institution was willing to buy it!

In the end, after negotiations, they acquired a 20% stake in Singapore's Olam International Group from Mitsubishi Corporation for $800 million!

Mitsubishi Corporation's investment can be said to have lost $200 million in vain!

Thinking of this, the assistant said: "Chairman, they spent $1 billion last year to buy a 20% stake in Olam International Group, and today they sold it to us for $800 million!"

Chen Hui smiled faintly and said, "It's a good job, I'll give you a credit!"

Mitsubishi Corporation, a subsidiary of the Mitsubishi consortium, lost $200 million in vain, which is still quite good!

Speaking of which, Chen Hui immediately paid US$1.8 billion in cash, previously spent US$3.3 billion to acquire a 50% stake in Mapletree, and now has spent another US$1.8 billion, Chen Hui has US$45.7 billion left in his personal deposit account with HSBC!

After a while, after thinking about it, Chen Hui asked, "How are you talking with the other major shareholders of Olam International Group?" Now Chen Hui is the largest shareholder of Olam International Group, secretly holding 45% of the shares, and these 45% of the shares contain most of the outstanding shares, and many times Chen Hui's subordinates are just changing their right hands on the left hand.

The Singapore Sovereign Fund currently holds 20% of the shares, is the apparent majority shareholder, and has also won the support of many shareholders, and currently controls the board of directors of Olam International Group, what Chen Hui wants to do is to kick the Singapore Sovereign Fund out of the board of directors of Olam International Group!

The assistant said respectfully: "Chairman, at present, we have won over Mr. Sonny Ferges, the CEO of Olam International Group and the executive director!"

"He's in the reception room at Temasek Tower, can you see him now, Chairman?"

When Chen Hui heard this, he had already arrived at Temasek Building, so he said, "Take him up!"

"Yes, Chairman, wait a minute, I'll bring Mr. Sonny Ferges up to meet you!" said the assistant and immediately left the chairman's office!

··

After a while, a middle-aged white man walked into Chen Hui's office, dressed in a neat professional suit, full of energy and bright eyes.

"Sit, Mr. Ferggie!"

Ferggis looked at such a young chairman of Standard Chartered Group, and his heart stirred up a huge wave!

Feeling Chen Hui's terrifying and panicked aura, he gasped and sat down respectfully, "Thank you, Mr. Chen!"

His full name is Sunny Verghese

Worth US$220 million, now 50 years old, married, with two children, he was once ranked 40th on Singapore's Forbes rich list in 2010 with a net worth of US$190 million, but other investments in these years have failed.

He currently serves as Chief Executive Officer and Executive Director of Olam International Group, holding a 5% stake in Olam International Group He once allowed Olam International Group to spend $107 million to acquire CronFlourMills, one of the three largest wheat flour mills in Nigeria, and at the same time, Olam International also signed a contract with Conagra Foods to buy the dehydrated vegetable business from the latter for $250 million, both of which brought good returns to Olam International Group!

For half an hour, the two of them did not discuss the matter of Olam International Group, but put all the topic on Singapore's sovereign wealth fund!

Sonny Ferggis' ancestors were the founders of Olam International, but Olam International is no longer their family business, the company that once absolutely controlled Olam International was Temasek Holdings!

It's time to take back control of Olam International!

At this time, Chen Hui said: "Sonny Ferges, I can let your family control the Oran International Group forever, and at the same time, you are also a permanent member of the future Standard Chartered Consortium Council!" Looking at Sonny Ferges's excited expression, Chen Hui smiled slightly and said, "However, I have a small condition!"

Sonny Ferges said respectfully, "Mr. Chen, just say it!"

··

Ten minutes later, Sonny Ferges left Temasek Building in a cold sweat, and now he was going back to attend the Olam International shareholders' meeting!

After Chen Hui left, he smiled faintly, shook his head, opened the charts of various foreign exchange varieties, and watched them slowly.

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