Chapter 533 [Distribution Plan]
This distribution plan is very good. Then everyone can speak freely. It is certain that Mark Bank holds 50% of the funds. American banks should hold 30%, but which bank should this money be kept in? The final answer is ****.
The third fund holds 20%, which means that the location of the 2 billion US dollars should be Germany or the United Kingdom. In the end, because the Singer family has industries in the UK, they chose the old capital bank HSBC, and this distribution plan was unanimously approved by the entire family.
So the first topic is that the family should hide part of its strength and store it in the dark. If the family encounters any trouble or falls into a desperate situation. This fund will become the capital for the family to rise again. It is always right to keep a back hand, and eggs cannot be put in one basket.
The formulation of such a distribution plan is considered to have completed the first topic. This task will be handed over to the old butler to complete. Mark Bank and the Singer family have been cooperating for such a long time. The two sides can be said to know each other well. As long as the funds are transferred to the Singer family’s account in Mark Bank, the money will be stored in the vault.
Even if Belsinger or the Singer family did not send a representative to Switzerland, Mark Bank would follow the instructions on the phone and set a fixed term of five years for the money. This is equivalent to the fixed deposit in the mouths of ordinary people. Within five years, even if you are poor and beggar, you are the owner of this fund, and you cannot withdraw this fund.
Of course, within these five years, the interest is the highest, because it is a fixed deposit, 5 billion US dollars, this is a full 5 billion US dollars, and the interest alone is more than 150 million US dollars every year. If the board of directors of Mark Bank knew about this decision, they would be very happy. They can lend the money out, because they are not allowed to use this fund within five years.
The annual income of 5 billion US dollars loaned out is nothing compared to the interest paid. The bank makes money. Otherwise, why would they like customers like fixed deposits so much? Mark Bank does not need the Singer family to worry about it, but the US **** and the UK HSBC need to send people to go there. This person is the old butler.
This is going abroad. Of course, it can't be done immediately in a short time. The Singh family has just ended a capital operation war. Everyone wants to have a clone. The old housekeeper is in charge of the overall situation and should be responsible for all things. He can only arrange the family and restore it to normal. Only then can the old housekeeper feel at ease to go to the United States to save money.
The bank has agreed on it, and the scale of funds for regular savings has been discussed. Now it's time to move on to the second topic. What should the family do with the remaining funds? In order to win this capital market battle, the Singh family can be said to have taken out all the family assets, and all subsidiaries have stopped operating.
A few months ago, the Singh family sold gold artworks and received a large amount of funds to inject into the Xinge Group. All subsidiaries have entered the fast lane and are building a large-scale construction. But unexpectedly, halfway through the construction, Bel Singh had an accident, and the Bista family and the other party had a face-to-face head-on fight in capital operation.
Due to insufficient funds, all the capital injected by the Xinge Group was withdrawn, and all subsidiaries stopped operating. The products produced can only be used for the normal operation of the company. Now that the capital operation has finally won, should the expansion and construction tasks of each subsidiary of the Singh Group be put on the agenda? You can't just leave the half-built factory buildings there and ignore them.
If the professional managers of the Singh family knew that Bel Singh was holding billions of dollars and not letting them expand and develop their own business, they would have to go to Singh to make trouble. You have US dollars in your hands, not Indian rupees. With such a large amount of money in your hands, it is the time to develop your own business.
Although those managers did not attend this meeting, India, especially the town of Sinjar, is the base camp of the Singh family. If you don't manage the base camp well, no matter how rich you are, you will be a rootless duckweed drifting around, so Bel Singh took the initiative to bring up the matter of the Singh Group without being reminded by others.
But Bel Singh has too much money in his hands, and it is a problem how much expansion capital should be allocated to each subsidiary. As the saying goes, it is not afraid of being equal, but afraid of being few. What does this sentence mean? Everyone serves you, the Singh family. The capital managed, whether it is a cement factory or a brick factory, is the property of your Singh family. Shouldn't the owner and the boss treat them equally?
With sufficient capital, you can't favor one over the other. Oh, because the cement factory is profitable, you invested $1 billion. Because the plastic manufacturing company has great prospects, you invested $2 billion. What do you want these people in the brick factory to do? Isn't this creating contradictions? They are all your own industries and should be treated equally. Let everyone get capital injection, have sufficient funds to develop their own fields, and then fully occupy the entire industrial chain of Rajasthan.
Then you can radiate to the whole of India, make the business bigger and bigger, and of course the income will also increase. How can you produce without investment? But how much money to invest? There was a disagreement in the family. Bel Singh had in his hands how many Indian rupees could be exchanged for one US dollar.
Reaching more than 100 to 1, of course, the specific number must be asked to the bank to get the most accurate exchange rate, but 120:1 is absolutely indispensable. 100 million US dollars is equivalent to 12 billion Indian rupees. This number sounds very exciting, right? In fact, this is the exchange rate. The exchange rate between the Indian rupee and the Chinese currency is still 10:1.
Even if the Indian rupee is worthless, it is still a strong capital when the number reaches a certain scale. The Singh Group has a large number of subsidiaries. Every professional manager is loyal to the Singh family and has developed his own stall well, but injecting too much capital at one time will cause unnecessary suspicion.
At that time, you will go to the subsidiary to check the accounts and inquire about the use of this fund. Isn't this suitable for many professional managers to create conflicts? You, the boss, don't believe in us professional managers, what should I do for you? You have to check every penny you spend, which is simply an insult to my personality.
The funds should not be too much, but not too little, otherwise it will not develop, so the old housekeeper has formulated a plan. The capital injection of the plan is divided into three stages. The first stage is the most critical capital injection of 100 million US dollars. This is much more than the last capital injection, and it is a one-time payment, so that these professional managers have a large amount of money in their hands to expand their business.
If those professional managers knew that the Singh family injected 100 million US dollars into major subsidiaries at one time, they would be crazy happy. With this money, they can quickly operate the company they are responsible for, and then become stronger and occupy more blank markets, and wait for these subsidiaries to complete the expansion. After digesting what they have eaten, they will start to replenish blood to the Singh family, and then the capital will come back.
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