845 Unbelievable Facts!

At this moment, the CEO of Singapore's sovereign wealth fund, Lim Siu Jie, is in Tokyo, talking to a well-known consortium about a big deal!

The deal includes shares in major corporations such as Mitsubishi UFJ Bank, Sumitomo Mitsui Financial Group, and Canon.

There is also a stake in the famous Tera Probe semiconductor company!

At present, Singapore's sovereign wealth fund is the majority shareholder of 15 companies including Mitsui & Co. and Olympus, with an estimated total market value of about 150 billion yen ($16 billion), and now they plan to sell off their ordinary assets!

A total of $7.5 billion was worth $7.5 billion, but it was bargained for $1.5 billion by the Toei people!

Only $6 billion can be sold!

Considering that their Singapore sovereign fund originally spent $13 billion to invest in these companies, half of the shares cost $6.5 billion, and now they only sell for $6 billion, and they have lost $500 million!

It was a good long-term investment, and it will definitely rise in the future, but now I have to sell it at a loss!

Because now they are short of liquid cash, and they have been cheated by the Xiangjiang Consortium, spending 160 billion Hong Kong dollars to take over the real estate of the Xiangjiang Consortium, and now they are trapped and can't get out, Temasek Holdings is bankrupt again, and the Singapore stock market is falling one after another, it is difficult for them to cash out more cash in the Singapore stock market, because if they cash out, they will lose a lot of money in vain!

So Lin Zhaojie turned his attention overseas, Singapore's sovereign wealth fund currently manages more than 300 billion US dollars in assets, but many assets are fixed assets, in 2008 when the economic crisis, invested out of 25 billion US dollars in cash, copy Citibank, Swiss Bank, is still a huge loss!

The market value of these shares has shrunk by half!

Stocks have a paper loss of nearly $13 billion!

They're just high pick-up guys!

This time, Dongying's investment income was also good, but it ended in a loss, Lin Zhaojie was really unwilling!

This Dongying people are really going to pick up a layer of skin!

At this time, the Dongying man said again: "Lin Jun, if I can, I also want to buy the Tokyo Westin in your hand!"

Lin Zhaojie glanced at him and said seriously, "You want to buy the Westin Tokyo?"

"How much are you going to offer?"

The Dongying man pondered for a while, and said in a low voice: "A price of 600 million US dollars!", after speaking, the Dongying man looked directly at Lin Zhaojie, as if hinting to Lin Zhaojie that the price should not be raised!

If the price is raised, he will not accept it!

Lin Zhaojie pondered for a long time and said, "Deal!"

Singapore's sovereign wealth fund (GIC) spent 77 billion yen (US$723 million) three years ago to buy the luxury hotel Westin Tokyo from Morgan Stanley.

GIC has stated that this long-term investment is intended to increase the value of Westin Tokyo's assets, but Westin Tokyo's operating model and management price have remained unchanged.

So over the years, it has not received any appreciation, but has lost money one after another, and now Singapore's sovereign fund is selling for $600 million, losing $123 million in vain!

Now when I came to Dongying, I was cut by 1.6 billion US dollars, causing a real loss of more than 600 million US dollars to Singapore's sovereign fund.

But it had to be sold!

The Dongying man smiled at this time: "Lin Jun, then we have a happy cooperation!" Saying that, the Dongying man bowed slightly to Lin Zhaojie.

He was very happy that the Singapore Sovereign Fund had bought half of the shares of these high-quality assets, and that these assets were now starting to appreciate in value, and the Singapore Sovereign Fund was busy selling, which was simply stupid!

Lin Zhaojie looked at this Dongying man who bowed slightly to him, and was cut 1.6 billion US dollars, and felt a little comforted in his heart, and said, "Mr. Xiangyuan, happy cooperation!"

The two have been talking secretly for hours!

At this time, Lin Zhaojie had just left the room, and when he opened his mobile phone, he saw countless calls, and his secretary also rushed up and said a bunch of words.

Lin Zhaojie said with an incredulous face: "What are you talking about???"

"Standard Chartered has swallowed DBS?"

"How could it be !!!"

He handed over the affairs of DBS Bank to his right-hand man Wei Li to deal with, and when he was preparing to hold a general meeting of DBS Bank, Wei Li also swore to him that DBS Bank would never have anything to do!

I didn't expect him, in a blink of an eye, DBS Bank was swallowed up by Standard Chartered Bank!

At this moment, he really wanted to kill Wei Li with a gun!

Thinking of this, Lin Zhaojie said again: "When did it happen?"

"What really happened at DBS' shareholder meeting today?"

The secretary said: "Mr. Lin, this is true, just a few hours ago!"

Previously, Lin Zhaojie had been secretly talking to Dongying people in the room, and this conversation was for several hours!

So when he received the news, he didn't dare to go in and bother at all.

Thinking of this, the secretary said again: "It was the Lin Group that turned against the water and supported Standard Chartered Bank, HSBC, and Bank of America!"

"No one expected it this time!"

Lin Zhaojie seemed to have heard something incredible!

Lin Group will actually support Standard Chartered Bank, HSBC, Bank of America???

How is this possible?

The Lim Group and the Singapore Sovereign Fund are very good partners, and the Singapore Sovereign Fund has been busy with the Lim Group through two difficulties!

He also had a good relationship with Lin Hui, the chief executive officer of the Lin Group, and sold his friends without saying hello.

Lin Zhaojie didn't come back to his senses for a while, he thought of countless reasons why the Lin Group could turn back, but he still didn't find out!

Lin Zhaojie asked at this time: "What you said is true?"

"It was the Lim Group that voted for the merger of DBS Bank and Standard Chartered Bank at the shareholders' meeting???"

He really couldn't figure out why the Lin Group suddenly changed its face and stabbed himself in the back!

Previously, he also had a good talk with Lin Hui of the Lin Group!

The secretary said at this time: "Yes, Mr. Lin!"

"It's true!"

"It was the Lin Group that voted for the merger of Standard Chartered Bank and DBS Bank at the DBS Bank shareholders' meeting, which led to our narrow loss by 49.4% to 50.6%!"

"You can turn on your phone and watch AsiaNews right now!"

Now that the news of the merger between Standard Chartered Bank and DBS Bank has shocked Asia, he can't believe why this is the way things are!

Lin Zhaojie immediately turned on his mobile phone and saw the news of the merger of Standard Chartered Bank and DBS Bank!

"This white-eyed wolf !!!!!!"

"Insidious woman!!"

"Damn!!"

"A stab in the back!"

Lin Zhaojie slammed the document on the ground, his face was terrifyingly gloomy!