Reborn in 2014: A One-Man Tycoon

Fifth Master is not without money.

However, many of his assets are located overseas.

It will be quite difficult to come back in a short period of time.

His assets in China are at most around two billion.

Cash flow is pitifully small.

Otherwise, he wouldn't have asked Meng Chuan for that.

After all, this was the first time in Fifth Master's life that he had taken the initiative to ask someone for money.

Fortunately, Meng Chuan eventually agreed.

If Fifth Master needs to borrow money for other things.

Meng Chuan didn't get a single penny.

But lending money to Shen An is a possibility.

They managed to trick Shen An into falling into their trap, and even got Shen An to give away 54 billion to Fifth Master for free.

A win-win situation.

"It's only because it's you; I wouldn't lend this money to anyone else."

Meng Chuan softened his tone and said:

"But we have to agree on this first: we'll split the 54 billion in profits 50/50."

Meng Chuan suddenly emphasized something.

Many people know that Meng Chuan is very rich.

But no one knew that not a single penny of Meng Chuan's money was spare money.

This money will be used wisely in the near future.

Besides, over two billion is already a lot; why not take it?

"You...you're already so rich, why are you still eyeing my retirement savings?"

Fifth Master was immediately enraged.

If Meng Chuan really is from a poor family.

A 50/50 split would be fine.

That bastard has hundreds of billions in assets.

If all of Meng Chuan's wealth were put together, he would be the richest man in China.

They are among the world's richest people and rank very high on the rich list.

They're still thinking about his meager savings for his funeral.

This is utterly outrageous; they have absolutely no respect for the elderly or care for the young.

"You can't say that! Even between father and son, accounts should be kept clear."

“Even if there is a tax exemption policy, there will still be a bridging fee when my 30 billion comes back.”

"This transaction fee will be at least a billion."

Meng Chuan said matter-of-factly:

"Furthermore, you're saying that over 50 billion is for retirement? What kind of retirement requires so much money?"

"Why don't you give me all of this 50 billion yuan? I'll take care of you in your old age, and I'll grant you any request you have. I can even give you an essential oil back massage every day."

Meng Chuan's words immediately turned Fifth Master's face into a deep purplish-red.

The old man next to Fifth Master looked at Meng Chuan in astonishment.

His face then twitched violently.

Essential oil back massage? This kid really dares to say anything!

If it were ten years ago, anyone who dared to speak to Fifth Master like that would definitely not see the sun rise tomorrow.

However, the old man dared not be as presumptuous as Meng Chuan.

He quickly turned his head and stared at a landscape painting on the wall.

It was as if there was something particularly attractive about the painting.

"Get out! Get out of here right now, or I'll chop you up and feed you to the dogs."

Fifth Master finally couldn't hold back any longer and roared out.

Today has been the most frustrating day of my life.

But he couldn't do anything about Meng Chuan.

If this bastard weren't my handpicked successor, I would have given him a good beating.

"Who does he think he is, daring to act so arrogantly when he's borrowing money!"

Meng Chuan mentally complained.

But he was quick to get up and leave.

Although Yingdie said the old man was a good person, he was, after all, a member of the underworld.

Meng Chuan was still a little intimidated when it came to getting angry.

After leaving Blackman Bar, Meng Chuan immediately instructed Ying Die to make the arrangements.

This money needs to be given to Fifth Master as soon as possible.

Otherwise, Shen An wouldn't be able to borrow the money and wouldn't fall into Meng Chuan's trap.

"Dream Shadow Capital" invested 300 billion yuan in "Mengchuan Capital".

Because it's a rush, it's difficult to completely avoid taxes.

Although Dream Shadow Capital is registered in the Barman Islands, it is exempt from taxation.

However, Meng Chuan's "Meng Chuan Capital" was established in the country after all.

Therefore, Mengchuan Capital has to pay withholding income tax.

It's equivalent to a bridge toll.

Fortunately, the minimum withholding tax rate is 5%.

Of the 300 billion, 15 billion needs to be turned over.

Meng Chuan could accept this amount of tax.

Meng Chuan also took this opportunity to transfer his shares in "Meng Chuan Capital" to "Meng Ying Capital".

In this way, "Mengchuan Capital" is essentially a branch of "Mengying Capital" in China.

This also allows for the signing of a tax treaty.

The tax burden on future financial transactions between the two companies can be reduced further.

In fact, with a tax rate of 5%, Meng Chuan would be willing to bring back all 200 billion pounds.

This tax is actually not that high.

If all the money can be recovered, Meng Chuan will invest it directly in the stock market.

They earn more money than they pay taxes.

However, if such a large sum of money is suddenly transferred back without a legitimate reason, it will cause a lot of unnecessary trouble.

Firstly, domestically, this will inevitably trigger foreign exchange management reviews, tax reviews, anti-money laundering reviews, and so on.

This delay will take a year and a half.

Internationally, this will also trigger international financial regulation.

For example, the International Monetary Fund.

Therefore, Meng Chuan must have a legitimate reason and proceed gradually, without being too hasty.

The next day, Meng Chuan's account received more than 300 billion yuan.

Meng Chuan called Fifth Master directly.

Fifth Master also contacted Shen An.

Sign the loan agreement directly.

It must be said that Fifth Master was quite experienced in loan sharking.

The contract states that it is a loan, and specifies that the loan amount is 354 billion yuan, to be repaid within three months.

There is no mention of interest or similar terms in this document.

After all, it's 300 billion, and 354 billion needs to be returned in three months.

The annualized rate has reached 72%.

According to the law, interest rates exceeding 24% are considered usury.

More than 36% are no longer protected by law.

Therefore, it is natural to include the interest in the principal.

After receiving the money from Fifth Master, Shen An quickly amassed the 800 billion yuan.

Then he immediately and urgently contacted Liu Dong.

Although Liu Dong was extremely unwilling.

But considering the 800 billion yuan sum, he still signed the contract with Shen An.

They transferred 55% of the equity in the land in the provincial capital to Shen An.

However, this 55% equity stake can only participate in profit sharing, not in management or decision-making.

Moreover, this equity stake in An Real Estate cannot be transferred, nor can the investment be withdrawn midway.

This is a very normal contract.

After all, this is such a large project. If Shen An withdraws his investment halfway through, the project could easily become an abandoned project.

Shen An immediately contacted Ying Die after acquiring the shares.

Unsurprisingly, Yingdie immediately rejected the investment in Shen An.

The reason is that Shang'an Real Estate's debt ratio is too high.

Shang'an Real Estate currently has a market value of 1300 billion yuan, a debt ratio of over 90%, and liabilities of nearly 1200 billion yuan.

However, its net assets are only around 700 billion.

This is a classic case of insolvency.

In other words, we are currently in a bull market, and Shang'an Real Estate is still struggling to stay afloat.

Otherwise, Shang'an Real Estate might already be bankrupt and liquidated.

I received this reply from Yingdie.

Shen An was dumbfounded.

He collapsed to the ground.

He went to great lengths to raise 800 billion.

Of that, 300 billion belonged to the Chen family.

The 200 billion was obtained by him through issuing new shares at great risk.

The worst part is that the remaining 300 billion is high-interest loans!

Now all the money has been invested in the Liu Group.

Shang'an Real Estate can't even come up with the 54 billion yuan in interest, let alone the principal.

The Liu Group's project will take at least three to five years to complete.

It is impossible to make a profit and realize cash in a short period of time.

"How could this happen? Heaven is going to kill me! Heaven is going to kill me! Pfft!"

He coughed up a mouthful of blood and fell unconscious in his office.