Reborn Russia As An Oligarch

Chapter 289 A choice must be made

While Wang Ye was listening to reports from his subordinates, in Penguin Company, a science park not far from his hotel, Xiao Ma was also having a meeting with several company founders.

The thing they discussed was naturally the matter of Polar Bear Investment and MIH Investment Company taking a stake in Penguin!

Brother Xiao Ma sighed and said:

"Why do I feel like I'm in a dream these days?

The first half of the year was so difficult. I begged my grandparents everywhere to get investment, but no company was willing to give us a penny!

I wanted to sell the company, but I couldn’t even sell it for three million, and I was humiliated!

To be honest, I once thought that our company would not be able to survive this year.

As a result, in the past two days, due to luck or something, two large and powerful companies were vying to invest money in us!

Now, whose money we should take has become a worry for our happiness, haha..."

Vice President Zhang, who is in charge of finance of the company, also said with a smile: "Yes, MIH Investment Company directly quoted us a valuation of US$60 million two days ago. At that time, I thought I heard it wrong, or they said I’m wrong, I’ve verified it several times! I really didn’t expect that our company is so valuable? I’m still doubting it now. Is there anything valuable about Penguin that we haven’t discovered on our own?”

There was cheerful laughter in the conference room. It is true that penguins are worth 60 million US dollars. This is something that no one could even imagine a few days ago!

However, some people raised questions. Another vice president hesitated and said: "It is a good thing that the valuation is so high. But... is that MIH company really reliable? It is still a South African company. We used to Never heard of it..."

Brother Xiao Ma has obviously considered this issue. He waved his hand and said with a smile: "Don't worry about this. I have asked Superboy to inquire about it. This company is indeed an investment company affiliated with the South African Media Group. It may not be very strong. But it’s no problem to shell out 10 to 20 million US dollars.”

According to the plan proposed by MIH Investment Company, it will acquire 35% of Penguin's shares for US$14 million in cash!

Then, based on the share ratio, an additional investment of US$6 million will be made to maintain the company's normal operations and development.

This requires each shareholder to contribute money, otherwise the shares will be diluted.

Of the 35% shares they want to take away, 25% of them are in the hands of Xiangjiang Little Superman!

You know, in 2000, Hong Kong Little Superman paid more than two million U.S. dollars to obtain 25% of Penguin's shares.

Only a year later, even though the Internet industry was still in the midst of a global winter, the value of his shares had increased several times, and he successfully cashed in US$10 million.

It can be said that when MIH invested in Penguin, Superboy made a lot of efforts, so his shares also enjoyed the right to exit first.

The other 10% of the shares are used to acquire the shares held by founders such as Xiao Ma.

In this case, Xiao Ma and the others can get five million US dollars in cash!

Of course, they may not be able to keep the money safely because the company needs to expand its shares and raise funds. If they don't pay, the shareholding ratio will be diluted.

But that’s all for later. I don’t care about that much now. Let’s get the five million US dollars first!

…………

"What's going on with that Polar Bear Investment company? Does anyone know their details?" Xiao Ma asked again.

This Polar Bear Investment is new and has only started to contact Penguin in the past few days.

And it has not yet given a clear investment plan and valuation. It just told Penguin people not to rush to accept MIH's investment, because Polar Bear Investment will offer an amount that they cannot refuse!

The tone of these words is indeed loud, but it is also really attractive...

Brother Xiaoma and the others did not immediately agree to MIH's investment plan, because they were waiting for the polar bear's explanation.

I heard from the bald Milner that the boss of their investment company flew over today and would come to the company in the afternoon for final negotiations.

So Xiao Ma and the others held a meeting quickly while they still had time, so that everyone could unify their tone in order to deal with the afternoon negotiations.

"I've been chatting a lot with Milner in the past two days. According to what he revealed to me, the parent company of Polar Bear Investment should actually be Russia's Yukos Group!" Vice President Zhang said mysteriously.

Unfortunately, except for him, everyone in the conference room looked blank.

Brother Ma asked blankly: "What does Yukos Group do?"

It’s no wonder that they are separated by mountains. They are all engaged in the Internet and have never been abroad. Even if they know about it, they only know about European and American Internet companies. They have no understanding at all of traditional energy companies such as Yukos.

What's more, Yukos is a Russian company, so it's no wonder that Xiao Ma and the others don't know about it.

Vice President Zhang explained helplessly: "Yukos Group is the largest oil giant in Russia. It is said that the oil output of this company is close to 80% of Russia's national output! It is an absolute monopoly. Yukos' boss Hovchenko is the Russian The richest man, with a net worth of more than 20 billion US dollars!"

This sentence aroused exclamation in the conference room.

No one cared about oil giants or monopolies, but when they heard that the fortune was worth more than 20 billion US dollars, everyone was stunned...

Good guy, this is too rich!

Brother Xiao Ma's eyes lit up and he quickly said: "Does that mean that the strength of this Polar Bear Investment Company is much stronger than that of the South African MIH!"

"Yes, from a book perspective, Polar Bear Investment Company is indeed much stronger than South Africa's MIH Company. It is said that some time ago, this company spent US$5 billion to buy the Siberian Petroleum Company in a package, which caused a sensation in Russia. . So rich." Vice President Zhang exclaimed.

Don't think that Brother Ma "dislikes the poor and loves the rich", there is nothing you can do about it.

Because investment is not a one-time event and may require continued investment of large sums of money later, Internet startups like Penguin hope to find a powerful investment company as a strategic investor in the early stages!

It's very refreshing to pay for it, you can give as much as you want, and you won't have any say in the company's affairs.

This kind of investment company can be said to be what all Internet companies dream of...

"Hey, I hope that Polar Bear can give a satisfactory price during the afternoon meeting. Our company can't go on any longer. In the next few days, we must decide whether to choose South Africa MIH or Polar Bear. If we can't get investment anymore, we will decide next time. I can’t even pay my monthly salary.” Brother Xiao Ma sighed.

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