Chapter 269 Phase III Industry Fund
After more than 6 hours of flight, the plane landed safely at Singapore Changi Airport.
Zhang Yida, Lei Dongming, Ding Siyao, Shen Beipeng, Xu Xiaoming, and their respective forensic audit teams walked out of the airport in a group of dozens of people.
Singapore is located in the tropics and is controlled by the equatorial low pressure belt all year round. It has an equatorial rainy climate with small annual and daily temperature differences.
In March, people in Beijing were still wearing coats, and the temperature was only around ten degrees Celsius.
The temperature in Singapore today is as high as 25-33 degrees Celsius, and people here have already put on short-sleeved shirts and singlets.
Cold-weather clothing such as down jackets cannot be sold here at all, because the coldest time has never been 20 degrees Celsius.
Fortunately for Zhang Yida, before departure, Song Caiwei helped him check the weather forecast for Singapore in the past few days, and all summer clothes were prepared for him.
After leaving the airport, without the temperature adjustment of the indoor air conditioner, Zhang Yida immediately felt a heat wave coming towards his face, and then looked at the dazzling sun in the sky.
Zhang Yida, who was not feeling very hot, took off his suit jacket in a few clicks and handed it to Song Caiwei, who was standing behind him. He was only wearing a short-sleeved Polo shirt, which made him feel much cooler.
The rest of the entourage was in a miserable state, all wearing suits and ties, and the men even wore ties.
Under the scorching sun, some of the entourage no longer cared about their appearance. They all imitated Zhang Yida and took off their suit jackets and rolled up the cuffs of their long-sleeved shirts.
Zhang Yida took a closer look and found that these "unorganized" people were all from Ruixiang Company. Internet companies were not as strict as investment banks, and had strict rules from dress to etiquette.
The entourage of the four companies, Zhenke, Heishi, Huayi, and Yimin, was different. For the sake of image, they were reluctant to take off their coats even though their close-fitting clothes were wet with Douda's sweat.
Zhang Yida's four bodyguards were even more powerful. They acted like normal people, sweating profusely without even a frown on their brows.
However, they did not suffer for long.
Just a few steps out of the airport, I saw Li Hengbo who had been waiting there for a long time. Behind him was a luxury fleet of more than a dozen Bentley and Mercedes-Benz S-class cars.
Li Hengbo greeted Zhang Yida, Shen Beipeng and other company bosses to get into the Bentley, while the other entourage got into the Mercedes-Benz.
Zhang Yida and Li Hengbo rode in the same car and started chatting with him.
"Brother Hengbo, how much does Temasek plan to invest this time?"
Li Hengbo smiled and said, "It's not much, just invest 300 million US dollars. You are really awesome this time. You have connected more than a dozen established Chinese families in Southeast Asia and caused a sensation throughout Southeast Asia!"
Li Hengbo is happy from the bottom of his heart. The more awesome Zhang Yida is, the more proud he is as an investor, which indirectly proves his investment vision.
Zhang Yida waved his hand, "These seniors are willing to invest so much money in Ruixiang Industrial Fund, which puts me under a lot of pressure!"
"A lot of pressure?" Li Hengbo shook his head and laughed, "This is not a piece of cake for you, Ruixiang, Huimin, Pinduoduo... which one is not a unicorn company?"
"If I can't find a good investment project, I can't let Ruixiang invest in my own entrepreneurial project, right?"
Li Hengbo was not happy when he heard it, "Why not? I just feel strange, why didn't Ruixiang invest in Pinduoduo, Yimin Wangjin and others in the first and second phases?"
"So this is the crux!" Li Hengbo patted Zhang Yida on the shoulder, "In ancient times, there was an old saying, which is "don't avoid relatives when you promote good people."
As long as your entrepreneurial project is good, why can't Ruixiang Industrial Fund invest?
Just do a good job in valuation audits and make fund operations more open and transparent.
Don’t care too much about other people’s opinions. I don’t know about others, but Temasek will definitely support you to the end.”
Zhang Yida didn't have any reaction on his face, but he was already happy in his heart. He was really good at assisting me. Someone gave me a pillow when I fell asleep.
"Hey, okay!" Zhang Yida pretended to be embarrassed, "After raising so much money, if we really can't find enough high-quality projects, we will have no choice but to invest in the unicorns under my name.
After all, everyone thinks so highly of me and trusts me, I can’t let everyone down.”
"but……"
Zhang Yida paused, looked at Li Hengbo, and then said: "I definitely can't give in on the valuation or other terms just because I am investing in Ruixiang Industrial Fund."
"This is not a problem at all, it must be done in a business-like manner." Li Hengbo smiled and nodded, "I appreciate your rigorous attitude."
The motorcade drove to the entrance of the Marina Bay Sands Hotel, and the doorman opened the door for Zhang Yida.
Zhang Yida got out of the car and looked up at this luxury hotel, which was said to have cost 4 billion pounds to build.
The entire building is composed of three hotel buildings connected in a row. From a distance, it looks like a section of a bridge. There are three piers below (the main building), and the 57th floor on the top is the connected bridge deck (sky garden).
.
What Zhang Yida is most interested in is the 57th-floor Sands Sky Garden. I heard that there is a one-hectare sky oasis above, where you can overlook the bustling Singapore in 360 degrees.
In addition, there is an infinity swimming pool on the 57th floor, which is said to be three times the length of the Olympic swimming pool and nearly 200 meters high. It is the largest outdoor swimming pool in the world at this height.
As for the museums, luxury shops, nightclubs, luxury casinos in the hotel... Zhang Yida is not very interested in these.
Especially in casinos, he has always been polite and insensitive. Didn't Gionee's boss just go to the casinos on the Pacific Islands and lose the company?
"Come on, why are you standing there?" Li Hengbo walked up to Zhang Yida and asked him to come in.
"Look at the 4 billion pound hotel. I heard it is the most expensive hotel in the world."
Li Hengbo said with a smile: "Let's go to the 57th floor for a meal later. The scenery above is indeed pretty good, and I will feel better while dining."
After the group checked into the hotel, Li Hengbo hosted a banquet for Zhang Yida, Shen Beipeng and other partners at a high-end French restaurant in the sky garden on the 57th floor.
In the afternoon, several people put on their newly purchased swimsuits and prepared to experience the infinity pool.
Zhang Yida swam several laps in the swimming pool and felt a little tired, so he went ashore to rest on a lounge chair.
Seeing Xu Xiaoming wearing boxers and lying on a deck chair to bask in the sun, he asked aloud: "Teacher Xu, why don't you go swimming?"
"Hey!" Xu Xiaoming sighed and pointed to his bulging belly, "As we get older, we can no longer swim after swimming for a while."
"You are still young!" After saying that, Zhang Yida came to pull him, "Let's go and play for a while. There are some blond beauties over there. Let's talk philosophy with them."
"I'm 60 years old, I can't accept my old age!" Xu Xiaoming waved his hand, "Go and have fun! Be careful, don't get missed by reporters."
Zhang Yida smiled awkwardly, "I'm just talking about it."
"How much capital is Temasek willing to invest?" Xu Xiaoming asked.
"$300 million."
Xu Xiaoming nodded, "900 million from the twelve chaebols, 300 million from Temasek, plus 200 million from Black Shirt, 200 million from Huayi Capital, 200 million from Yimin Wealth, plus 200 million from our Zhenke Fund.
This is 2 billion. Ruixiang will invest another 500 million, which adds up to 2.5 billion US dollars."
"This is 150% more than the planned US$1 billion," Xu Xiaoming asked solemnly, "Have you ever thought about how to arrange such a large amount of funds?"
"Let's use the VC plus PE model." Zhang Yida said with a smile, "I'm still a little worried that the funds are not enough!"
"Twelve chaebols, plus Temasek, together contributed US$1.2 billion, accounting for nearly half of the fund."
Xu Xiaoming smiled again and said, "This is not just money, but also connections and connections. You have to make good use of it!"
"I know." Zhang Yida nodded, "At least half of the fund will be used for industrial layout in Southeast Asia."
"Just understand. These chaebols have important economic status in Southeast Asian countries and have intricate political and business relationships.
If you make good use of these relationships, both Ruixiang and other companies that want to go overseas will benefit a lot..."
Xu Xiaoming was afraid that Zhang Yida would not be able to see through it, so he began to teach the latter lessons.
Zhang Yida understood these truths, but Xu Xiaoming was willing to give some kind reminders, and he listened carefully.
"Li Hengbo suggested that I use the third phase fund to invest in other unicorns under my name."
Xu Xiaoming's eyes lit up. Zhenke Fund has invested in many unicorn companies under Zhang Yida's name. This is quite beneficial to Zhenke Fund.
"This is a great idea!"
Xu Xiaoming glanced at Zhang Yida again, "What? Do you have any other opinions?"
"No." Zhang Yida shook his head, "I just want to communicate with you and see your attitude."
"There is definitely no problem with us. You have shares in Yimin Wealth and Huayi Capital. Beipeng should have the same attitude as me.
If Temasek has no objection, the only thing you need to consider is the twelve chaebols. You can communicate with them tomorrow."
"good!"
After receiving Xu Xiaoming's reply, the stone in Zhang Yida's heart finally fell to the ground.
In order to use industrial funds to help people benefit from bicycles, and it is not a simple fund, at least a heavy investment of several hundred million US dollars, Zhang Yida must also listen to the opinions of all investors.
As for the twelve chaebols, Zhang Yida guessed that there wouldn't be much of a problem.
…
The next day.
In a business conference room of the Marina Bay Sands Hotel, Ruixiang met many investors of the Phase III Industrial Investment Fund.
Guo Huiqi of Malaysia's Hong Leong Group, Guo Yisheng of Singapore's Hong Leong Group, Li Chuan of Indonesia's Lippo Group, Huang Xiwen of Indonesia's Sinar Mas Group... A total of twelve Southeast Asian consortium heirs sat on one side of the long table.
On the other side were Chinese investors such as Lei Dongming, Ding Siyao, Xu Xiaoming, Shen Beipeng and others.
Zhang Yida sat in the first place and said: "The investment share has been determined. If there is no problem, let's start signing the agreement!"
Everyone nodded in agreement.
Zhang Yida asked Song Caiwei to distribute the prepared agreements one by one.
The legal teams of each investor started working at this time and began to review every clause in the agreement word by word.
The children of various chaebols left the conference room. These tasks were not their turn. After the legal affairs department checked the terms of the agreement, they could come back to sign it.
Chapter completed!