Chapter 639: Wind and Rain
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Pulling out the radish and connecting the mud, Tan Yunsong led the electronic technology laboratory jointly founded by the National University of Singapore and Fujitsu Group for many years, and has a deep reputation and deep connections in the field of academic research in Southeast Asia. Creatively implement the dual tutor system with the University of Tokyo and other universities, and reserve a group of reserve talents, so that the talent construction framework of the entire laboratory can be regarded as preliminarily perfected. Pen & Fun & Pavilion www.biquge.info
At the same time, Zhang Ke hopes that the "100 Talents Action" plan to introduce outstanding overseas Chinese scientists and technical R&D personnel can also help the fab investment project. After all, it is necessary to introduce a large number of engineers and technicians from TSMC's technology companies registered in Malaysia, and it is also necessary to completely relieve the worries of these engineers and technicians.
Mr. and Mrs. Tan Yunsong took the afternoon flight back to Singapore, and Zhang Ke took them to the hotel in Central for a short rest, and then sent them back to the airport to take the plane out of Hong Kong, where they waited for the arrival of Guo Songyan, chairman of the board of directors of Kuk's Yunyuan Group, and his party. Sun Shangyi also flew back to Hong Kong from Jian Ye in the afternoon, and Sun Shangyi arrived at Kai Tak Airport a moment earlier than Guo Songyan and others.
Yuexiu Holdings' investment in Xiangxuehai has reached an agreement with the Huishan Municipal Government to inject 800 million yuan by Yuexiu Holdings to obtain 51% of the equity, plus the equity held by Aida Electronics in Xiangxuehai, Yuexiu actually holds more than 75% of Xiangxuehai's shares.
For this matter, Sun Shangyi talked about it for almost half a month before and after Huishan, and Zhang Ke went to Huishan a few days ago to take a turn, and people went back to Jianye to enjoy a leisurely university life.
Sun Shangyi was in good spirits, his sideburns were a little dyed white, and when he saw Zhang Ke standing in the bright pick-up hall, he said with a smile: "In such a hurry, I took time to accompany Jingmeng to have a lunch after Jianye, so that she could complain, I don't know when the bar will open, I have to rush back to cheer her on, it can be regarded as a ...... for the crime."
"That, it can't be done in three or two months, who would think about such a distant thing?" Zhang Ke grinned and talked to Sun Shangyi with a smile, "I'm busy picking up the plane today, and I have to take Mr. Sun back to preside over the work......"
"Just leave you fooling around at school?" Sun Shangyi asked with a smile.
Zhang Ke smiled and said: "I'm not Mahathir, why do I need to be busy all day?" ”
In the past two days, the World Bank and the International Monetary Fund held a seminar in Hong Kong, and Malaysian Prime Minister Mahathir Mohamad arrived in Hong Kong by special plane some time ago. Since the outbreak of the financial turmoil in Southeast Asia, Mahathir Mohamad, who is concerned about authoritarianism, has repeatedly publicly accused Soros of being greedy international currency investors, and a few days ago the Asia-Pacific Finance Ministers' Joint Meeting in Bangkok once again stated that Soros and these international currency investors are not popular with Malaysia.
However, the opportunity for Mahathir to speak harshly did not play a big role, and in two months, Malaysia's currency depreciated by more than 30%, and of course it is not the most miserable country in Southeast Asia.
Guo Songyan's plane then arrived at the airport, the last time we saw each other was a month ago, at this time Guo Songyan was a little tired, his lower eyelids were a little swollen, Sun Shangyi eagerly walked over and held his hand: "Mr. Guo hasn't rested well these days?" ”
The Guo family has a prominent position in the Chinese business circle in Southeast Asia, and its status is not compromised compared to that of the Ge family; The Ge family has fallen apart since Ge Jingcheng's death, and although Ge Mingxin has grasped the two big foundations of Jiaxin Electronics and Jiaxin Real Estate, his influence cannot be compared with the Ge family during Ge Jingcheng's time. The Guo Group is also the second generation in the hands of Guo Songyan, but Guo Songyan's father handled the continuation of the family better before his death, and the Guo Group can still gather around Guo Songyan more closely.
At this time, the economic crisis spreads, and some people in the family will inevitably complain and blame Guo Songyan for his poor governance, and attribute the problems of the general environment to Guo Songyan's personal head.
"How can you rest well?" Guo Songyan said with a wry smile, "I can't bear to witness the market situation in the past two days...... and shook hands with Zhang Ke again, and said with emotion, "I can't see you months in advance, it's really regrettable......
Aida Electronics' backdoor listing in May, Sun Shangyi's comprehensive reduction of Jiaxin Real Estate's shares in mid-to-early June, all of them are extremely accurate to step on the turbulent beat of the financial market, such as Aida Electronics in mid-July using the form of listed company announcements to make the first performance warning of the Southeast Asian economic crisis, all of which are impressive.
Guo Songyan also thought a little, only if he could make some preparations more than a month in advance, he would never be so embarrassed at this time.
Zhang Ke smiled faintly and said: "Malaysia's economy is better than that of India, the Philippines, and Thailand, and it will be difficult for people to make waves for a year or two, and I believe that the wind and rain will soon stop." Otherwise, Kumho would not be eager to cooperate with Mr. Guo, just to take advantage of this opportunity to take advantage of Mr. Guo's ......."
"Hehe......" Guo Songyan saw Zhang Ke's young scoundrel's idea of taking advantage on his face, and the depression in his heart suddenly relaxed a lot.
Malaysia's economic crisis is further spreading, and international financial and industrial capital is accelerating its withdrawal from Southeast Asia.
The main capital exporter to Southeast Asia is RB, RB's financial institutions experienced the bursting and collapse of the economic bubble in the late eighties not long ago, the bubble economic crisis is like a frightened bird, the financial turmoil first broke out in Thailand, the real economic impact on Southeast Asia continues to cause great damage, it is precisely the capital withdrawal led by RB financial institutions.
For example, the withdrawal of capital from Jincheng Real Estate by Singapore Metro Group is just a small microcosm of what has been affected.
At its peak, the total value of assets belonging to the Guo family was as high as 4 billion US dollars, and in just two or three months, it shrank by more than one-third, and the situation will deteriorate.
Assets are sometimes just a numbers game, and the key is to make it easy for businesses to weather the current situation.
Compared with the maximum market value of 10 billion after the additional issuance and merger, the shrinkage of Aida Electronics is also quite serious, only six or seven percent of the peak, but Aida Electronics borrowed the time of the merger and acquisition, the additional 600 million Hong Kong dollars of funds have not been used, the stock price ups and downs, has a considerable impact on investors, but the daily operation of Aida Electronics, but it is not affected at all.
In the past few years, Malaysia's economic development has been very rapid, Kwok has borrowed a large number of loans from foreign financial institutions to develop its enterprises, and the economic crisis has come, and the debts due to maturity have to be repaid, but it is unable to continue to lend loans from these financial institutions to maintain sufficient liquidity.
Ensuring sufficient cash is the only way for many entrepreneurs to tide over the economic crisis, and Guo Songyan also has the same attitude, I don't know how long the economic crisis will last, and controlling cash flow is the most important thing to pay attention to.
Kumho's proposal to make equity investment in the pulp making enterprises under the Yunyuan Group without seeking a controlling position is undoubtedly very popular with Kuok's.
Kwok's ability to recoup nearly $100 million from equity transactions is one thing; On the other hand, the cooperation with Kumho can also win such a stable large customer as Shin Kong Paper, after the completion of the second phase of the project, Shin Kong Paper can absorb almost half of the production capacity of Yunyuan pulp, without worrying about the shrinking demand for paper after the economic crisis.
Of course, who would have realized that the forest fires in Indonesia will continue for more than three months before they are gradually extinguished, and this fire has directly led to the tight supply of pulp in Asia, prompting the price of pulp and paper in Asia to continue to rise.
The main purpose of inviting Guo Songyan to Hong Kong is not to invest in Yunyuan Pulp, but to further discuss the investment in the fab.
After picking up Guo Songyan and his entourage from the airport, they arranged to stay at Island Shangri-La Hotel, Hong Kong, and by the afternoon, the sky in Hong Kong had cleared, and there was still a trace of a brilliant red sunset in the sky.
When the car passed Central, there was a big traffic jam in front of me, and I didn't know what was going on, so I stood on the welcome pedal of the car and looked ahead, which seemed to be congested with countless Hong Kong citizens in front of a department store building.
Stopping the passers-by who have seen the bustle and walking back, only to know that there is a rumor that the department store invested by RB people will soon collapse, there is a cake shop in this shopping mall, Hong Kong people like to give cake coupons to people as gifts, hearing the news that the store is going to close, those who have cake coupons in their hands naturally have to rush over to exchange the gift certificates for the cake to stop, although I thought that there were thousands of people who heard the wind and moved, almost crowded the cake shop, the staff of the cake shop has been frightened to hide, and the police stationed to evacuate the crowd.
It took almost an hour to pass through this section of the road, but after leaving the airport, the car sent to HKU to pick up Tang Jing arrived at the Shangri-La Hotel first.
Southeast Asia is full of corpses, and Hong Kong is also in turmoil.