chapter 16 land auction

The next day.
The top-floor conference room of Nyse Group.
After Clarence took back the Nyse building, some old employees were invited back to the Nyse Group again.
Of course, the ups and downs of the Nyse Group also allowed Rachel to see the true colors of some people.
For example, several high-level figures headed by Slavik will no longer be employed.
Nowadays, many of those who could reach this conference room came from following Mr. Van to conquer the world, and they were quite loyal.
This conference was hosted by Rachel, while Clarence was sitting by the window, looking at the scenery outside the window, as if the things in front of him had nothing to do with him.
However, in Rachel's view, even if Clarence did nothing, just sitting there, she would feel an inexplicable sense of security.
Rachel briefly talked about the new appointment and then got down to business.
"Nowadays, Nyse Group is in desperate need of development, and the real estate industry is becoming increasingly competitive. In the next period of time, Nyse Group will return to the attention of Zensea."
"The latest news is that Zensea will hold a grand auction in three days, and plans to auction four pieces of land in Zensea. This time, our Nyse Group is bound to win!"
Rachel had been prepared early, turned on the projector in the conference room, and began to introduce the auction situation of the four pieces of land in detail.
"The first piece of land is in the east of the city, which is also the commercial center of Zensea. This piece of land must be a battleground for the major families. The starting price is 600 million dollars."
"The second plot is the south of the city. It is said that high-speed rail planning has begun for the south of the city for the development direction of more than ten years. This land is also very popular, with a starting price of 400 million dollars."
"The third plot is also in the south of the city. However, the location is not very good, but it also has development potential, but the return period of the funds is a bit long. The starting price is 300 million dollars."
"The last piece of land is the land in the north of the city. The starting price is...50 million dollars."
"50 million dollars? Mrs. Stuart, how can it be so cheap here?"
Rachel smiled bitterly and said,
"This land is located near Gorchud District in the north of the city."
As soon as this was mentioned, everyone understood.
The geographical location of Gorchud District was actually not too bad, and its backed to the mountains and faced the water. It was a good place.
However, due to historical issues, Zensea had been extending to the south and east, while the north of the city was synonymous with oldness.
Moreover, there were many underground forces entrenched in the Gorchud District. If they developed this area, they would not only face the problem of demolition, it would become extremely difficult.
"Zensea will not expand into this area for development, so I suggest giving it up and not including it in the scope of this discussion."
After speaking, Rachel looked at Clarence specifically and found that Clarence did not care about the meeting. It seemed that the content of the meeting was not as good as the breeze outside the window.
At this time, a shareholder frowned and said, "Mrs. Stuart, how much capital can our group provide now?"
Rachel looked slightly embarrassed and then said, "Everyone knows that too many things have happened to Nyse Group recently. Now the group can get up to... 200 million dollars."
As soon as these words came out, everyone was in an uproar.
200 million dollars?
200 million dollars was not even the starting price for the three plots above. According to the past market conditions, the worst plot in the south of the city may cost 800 million dollars to be sold.
As for the land near the high-speed rail in the south of the city, it cost 1 billion dollars. As for the best land in the east of the city, it was impossible to even think about it if it didn't cost 1.5 billion dollars.
Hearing this, everyone present shook their heads and laughed.
"Mrs. Stuart, I really don't understand. When Mr. Van was alive, it was no problem for Nyse Group to spend more than 1 billion dollars. How come you only have 200 million dollars left when you take over?"
"No matter how dilapidated the Nyse Group is, it won't be like this."
They had to wonder if there was something fishy about it.
Could it be that Rachel embezzled the company's property?
Rachel took a deep breath, feeling aggrieved.
"This is the current situation of the company's development. There are still many companies that want Nyse Group to compensate for liquidated damages. The company's financial situation is in a mess. The 200 million dollars is already the limit."
An executive snorted and said, "Why do we go to auctions? Just give up. We have to pay a deposit of 10 million dollars. If we participate in the auction then, it will be in vain."
"That's right, Mrs. Stuart, otherwise we can postpone it for a year or two."
Rachel had thought many times. She knew that opportunities were rare. This auction was a great opportunity for the group to turn around.
"No, this auction is imperative! If it doesn't work, I'll go to the bank for a loan!"
Rachel said decisively.
An executive smiled mockingly, "Mrs. Stuart, how much money can you borrow from the bank? 500 million dollars? 800 million dollars?"
"The bank is not a fool, how could it lend you so much money? Don't tell me that it has to use the company as collateral!"
"Then we shareholders won't agree."
Rachel actually thought so, and now this was the only way out.
But she didn't expect that before she could say anything, the shareholders had blocked her words.
At this time, Clarence's voice came slowly.
"How many companies are competing with Nyse Group in this auction?"
Hearing this, Rachel hurriedly turned to her secretary and said, "Go and find out what groups are involved this time."
When the executives saw this, they all started whispering.
"He is Clarence, the adopted son of the old chairman."
"Yes, it was him. It is said that he took the company back, and I don't know what method he used."
"Who knows, let's see what he does first.
After a while, the secretary sent the information.
Rachel's face turned ugly after seeing the information.
"the Norman family, the Michael family all participated, and some other real estate groups..."Rachel said slowly.
Clarence narrowed his eyes slightly, the Norman family and the Michael family were both one of the four major families in Zensea. It was reasonable for them to participate in this auction.
Originally, Clarence didn't necessarily plan to go, but since these two families were involved, he didn't mind teaching the Norman family and the Michael family a lesson first.
"Just keep the 200 million dollars in the company's books."
Clarence said calmly.
Nyse Group must have liquidity, so these 200 million dollars could not be touched.
When everyone saw this, they shook their heads. They originally thought that Clarence would participate in the auction, but they didn't expect that when he heard that the Norman family and the Michael family were participating, he became frightened.
But that's right, the Norman and Michael families were very powerful in Zensea, but they were stronger than the Randy family.
It was not easy for Clarence to get the Nyse Group back from the Randy family. There was no need to go against the Norman and Michael families again.
"Clarence, then...are we giving up on this auction?"
Rachel said somewhat unwillingly.
However, Clarence showed a meaningful smile.
"Who said we gave up? we will participate in this auction as normal."
"You only need to pay the security deposit in the name of Nyse Group, and leave the rest to me."