Chapter 120: Mo Corporation’s Investment?!
Chapter 120: Mo Corporation’s Investment?!
Translator: Henyee Translations Editor: Henyee Translations
When CEO Jin saw that Ji Nuan had returned, her smile was full of contempt. "Miss Ji’s expression sure seems relaxed. Could it be that, in these twenty minutes, you’ve really made thirty million yuan appear?"
Ji Nuan’s expression was indifferent as she handed the Filipino bank card to Xiao Ba. She softly said, "Check the amount of money in here first. Ask Supervisor Xu for the passcode. She’s right next door."
Xiao Ba nodded and took the card, walking out with quick steps.
"What’s that?" CEO Jin caught the movement and stood up, approaching. However, Xiao Ba had already left without turning back.
"CEO Jin, don’t rush. If you intend to take away the money you had initially invested, of course, I won’t forcefully hold onto your money."
CEO Jin eyed her. "Miss Ji, don’t blame me for being too harsh. Initially, it was because of the relations with Han Corporation that I decided to invest some money in Han Tianyuan’s company. Right now, the ownership has changed, and since I don’t have any relations with the Ji family, the money naturally has to be taken back."
"I’m aware."
While speaking, Ji Nuan turned to open the laptop on the office desk. She then opened a PowerPoint file she had personally prepared.
"It’s not impossible for me to fulfill CEO Jin’s request to terminate the contract. If you wish to sever our contractual relationship today no matter what, I won’t stop you." Ji Nuan said and lightly chuckled, "But before everything is decided, it wouldn’t hurt CEO Jin to take some time to look at this."
CEO Jin walked over and gave the displayed image an unimpressed glance.
"CEO Jin should be aware of the properties and land resources being developed under our studio’s name. Take, for example, this land in Cheng Nan that is being developed into a small residential district. It is only one street away from Cheng Nan’s bustling main street. Two years ago, the price of this land was driven to sky high. At the beginning of its construction, the advanced sale price was already more than twenty thousand yuan per square feet. Although the local property business has been on a downward trend this year, cutting the price down by around five thousand yuan, but based on the current construction progress, this property will most likely only be completed by next summer. Most of the commercial properties around this area are at least more costly by half the price, and because the prices have been steadily increasing, the sales for our property is projected to be extremely good."
"So?" CEO Jin crossed her arms.
"It seems like CEO Jin isn’t a Hai Cheng local, is that right?" Ji Nuan turned to glance at her. "If you were a local, you would be aware of the proportion of rich and poor in Hai Cheng. You would also know that the number of foreign employees has been increasing by large percentages each year. Hai Cheng contains 37% of the people in this country that have a net worth of more than one billion. Every area in Hai Cheng is packed with wealthy people. This price of twenty thousand yuan per square feet is an acceptable cost for most people. It’s only that for now, they are still in the stage
Ji Nuan then moved onto the next slide on the PowerPoint. "As an investor, that you are pessimistic about the property business right now is understandable. But based on the circumstances around the districts being built under my studio’s name, as well as analysis of the income per capita in the area, when the illogical discussion of the real estate bubble becomes gradually forgotten, don’t just mention the price of twenty thousand yuan per square feet in this district. Even if the price rises to thirty thousand yuan per square feet, there would still be people snatching for it. If we make use of the hunger marketing strategy on top of it all, all of the lands and properties under our studio will have a large room for growth. Therefore, it wouldn’t be as you expected; that the money will all be lost."
CEO Jin was unimpressed as she sneered. "I remember that when Han Tianyuan first registered these two companies, he had already taken up a large initial cost. After adding up the prices of land and construction, etc., he had to put in even more money. Yet, in the end, because the property business was on the downslide, he had to eventually sell the company to you at the mere price of thirty million yuan."
CEO Jin narrowed her eyes once more. "The money I’ve invested is sufficient to buy your studio right now. Yet, you still have the guts to tell me that the property business prices will continue rising? Do you think yourself to be a prophet; that as long as you say the prices will increase, it will increase?"
"The reason Han Tianyuan handed the companies over to me at thirty million dollars is because he doesn’t know how to operate a business. He only took them to wave around in his hands for fun. Losing it doesn’t mean much to him." Ji Nuan smiled mildly. "Right now, even if CEO Jin offered me five-times the price, I’m afraid I still wouldn’t agree."
"Ha! Who doesn’t know how to talk big? In the future, this will only be a losing business. It’s your own business if you want to lose money, but I don’t want to continue participating in this investment. If I want to take my money back, can you stop me?"
"I won’t stop you. My words will end here as well." From beginning to end, Ji Nuan’s expression was indifferent.
The office door opened, and Xiao Ba returned with the card in hand. She handed it to Ji Nuan and softly informed her of the amount.
Ji Nuan placed the card on the office desk. "The money is in here. I can personally sever the contract with you as well. Previously, the money was merely misappropriated by my staff. We will handle the internal issues ourselves, but the money has already been retrieved. The reports and bank statements you saw previously were all partially fabricated. Nonetheless, you insist on terminating the contract, is that right?"
"That’s right!" CEO Jin stared at Ji Nuan in contempt. "A studio determined to lose money is not worth even a single cent of my money to stay here and continue playing a child’s game with you."
"All right." Ji Nuan raised her brows. "Then, have your lawyer bring out the termination agreement, and I’ll take a look at it. If everything is fine, we can directly sever our contract."
CEO Jin gave the lawyer behind her a signal with her eyes. The lawyer rushed to step forward with his briefcase.
Half an hour later, Ji Nuan signed the termination agreement.
CEO Jin held the agreement and the card that was already confirmed to carry the promised amount. She smiled proudly as she scanned the office mockingly once more. "Even if you managed to return this money to me, I’m afraid your liquid capital is completely zero right now, isn’t it? The properties under your studio have yet to be completed, what will be the use to continue the construction? This lousy place won’t attract any interested investors. Don’t even mention the earlier things, you won’t even be able to afford the publicity prices for the initial sales!"
CEO Jin walked away with a sneer.
Xiao Ba stood behind Ji Nuan as she glared angrily at CEO Jin’s back.
Almost at the very instant when CEO Jin was about to walk out of the door, several remarkable looking men dressed in neat suits appeared outside the studio.
"May I ask, who is CEO Ji?" A young man dressed in a black suit stood at the very front. The moment he entered the door, he politely asked this question.
Ji Nuan glanced at them, her eyes concealing a hint of suspicion. "I am."
CEO Jin was initially about to leave. When she saw this, she curiously glanced back at the unfolding scene.
"CEO Ji, my pleasure to meet you. I’m the representative from CE International Investment Agency, under Mo Corporation. We’re representing Mo Corporation to sign the contract with your studio."
Hearing these words, the entire studio was dumbstruck.
Ji Nuan blinked. "Sign the contact?"
"Yes, Mo Corporation plans to invest two hundred million US dollars in your valued company."
Everyone in the office including Xiao Ba dropped their chins in shock.
Two hundred million? US dollars?!
CEO Jin, who had yet to leave, instantly stopped in shock. Her eyes were filled with astonishment.
Mo Corporation’s investment?!