Chapter 376 Really Unique
At noon that day, Ji Feng met with UBS's president Greta. Although Ji Feng has never been to Switzerland since he left, he has met them several times later. After all, Greta is also a small shareholder of Jeju Bank. Although he only has dividend rights and only has dividend rights for normal operation, he helped him a lot when he was established at the beginning of Jeju Bank, so Ji Feng still recognizes it as a dividend of tens of millions of dollars every year.
"Oh, it's great to see you. Welcome to Switzerland." Greta came up and gave Ji Feng a hug.
"I can't be happy to see you. My assets in Switzerland have shrunk significantly in the past year. Don't President Greta explain to me? And if you don't call me personally for a special shareholders' meeting, it makes me very sad. Don't you treat me as a friend?" Ji Feng deliberately put on an ugly cold face. Even Hyoyeon next to him thought Ji Feng was really angry at this time, and he gently pulled him. After all, the other party is the president of UBS, so he has to give him some face.
Greta smiled bitterly and covered his old face and said bitterly: "Ji, you can't be too greedy. Our failures last year are all thanks to you. Oh God, why don't you tell me that you planned such a big move? I was scolded by the guys on the board of directors. By the way, there are also the rich people who entrusted us to manage their assets. Some of them even doubt whether I have partnered with you. Damn I really deserve to kick their butts. How can they question my practice ethics?"
Ji Feng laughed and gently hammered Greta's chest. He pulled him and sat up and said, "Okay, the dividends last year must have been enough to make up for all your losses. What else do you have to be unhappy with?"
Greta raised his eyebrows and smiled and said, "Yes, there are a little more. I originally planned to change to a big house, but the damn Gic actually raised doubts about me at this time. They wanted to directly join the board of directors. Ji, you definitely don't want to see such a thing happen."
Ji Feng smiled. He picked up the wine glass in front of him and said to Greta for a little more, "Why not? I don't have much interest in a bank that loses from time to time."
Seeing Greta's sudden stunned expression and his breath-suffering face there almost turned purple. Before he got angry, Ji Feng then laughed and patted his shoulder, saying, "Okay, guy, I'll support you from beginning to end. That's right. But this time I want to support him in a different way."
Greta slapped his chest with some relief and said with amusement and tears: "Ji, you scared me to death. I thought you would really agree with Gic's approach. What are you going to do this time?"
Ji Feng smiled and said, "Tell me first how many shareholders you are in contact? Can you defeat GIC and continue to control the board of directors?"
When talking about the serious matter, Greta suddenly became serious and said with a serious expression: "Gic is very powerful, and the losses of last year are facts. Therefore, the shareholders who support me do not have an advantage now. If you can confirm that you support me, then I have the confidence to contact more shareholders who are still hesitating. After all, my achievements in the past few years have also been recognized by everyone, and the losses of last year were not our mistake. It was completely a trap between you and Buffett."
As the most sensitive bankers, the confrontation in oil futures last year did make them quite annoyed. Afterwards, they analyzed the reasons and found that they had found the wrong opponent and actually fought Ji Feng, a guy with a huge amount of funds and a large number of oil fields in his hands. Ji Feng's oil field itself was much uncertain, especially Ji Feng deliberately delayed the release time of the South China Sea oil field and Natuna oil and gas field, causing these top elites in the financial industry to suffer heavy losses.
However, they also enjoyed those who were willing to be profitable. Last year, there were many colleagues who followed Jeju Bank's butt, one of them. This old guy was indeed smart. He was longing oil futures on the surface, but in the end, he secretly shorted behind Jeju Bank's butt.
What made these bankers even more hate was that this old guy took advantage of this opportunity to cheat a group of peers. Not only did some of the financiers on Wall Street get caught, but Switzerland didn't even escape. At least one-fifth of the losses of tens of billions were taken away by the old man.
Ji Feng smiled and said, "Indeed, your previous grades were pretty good. I'm afraid this is why you have been in power for so many years. But man, I think you may be a little unlucky this time. Gic visitors are not good. Even with my support, you still have not received more support from people now. You have never thought about why this is?"
Ji Feng would never admit that Greta said he had fallen into his trap. It is normal for him to go back and forth in the mall, and he would not have the intention to owe any more.
Greta frowned and shook his head, "This is really annoying to me. Even the shareholders who had a good relationship with me in the past had several of them who had been involved in GIC's arms, which made me quite puzzled. But I believe that as long as I work hard, they will still change their minds."
Ji Feng smiled and shook his fingers, saying, "Buy, you were wrong this time. They blamed you not because you made them lose their money bags, but because you have other ways to make money but don't pull them together. They think this has hurt their fragile hearts."
Greta immediately said anxiously: "Oh damn, I don't have a way to make money. I have always been conscientious about UBS. After all, I am also a shareholder of UBS. Will I still harm my own business?"
Ji Feng smiled and said, "No, no, no, no, guy, you have it!"
Greta was anxious now, and stood up and glared at Ji Feng and said, "I don't, Ji, I thought you would support me with our friendship, but I found out that I was wrong. Well, I will put the future profit plan I made in front of you like all normal shareholders, and it will not exceed tomorrow morning at the latest."
Hyoyeon, Arifa and Greta's secretary were a little confused. Didn't the two of them have a good chat just now? Why did they suddenly start a quarrel?
Ji Feng laughed and said, "Your bad temper should have changed, no wonder your friends are getting fewer and fewer. I said I would not regret it if I support you. You can sit down. Do you want to lose even my friend, right?"
Greta looked at Ji Feng with some depression, sat back on his seat, but said stubbornly: "But I really have no other investment."
Ji Feng shook his head and smiled, "Why don't you? You have 1% of the shares of Jeju Bank. These shares have created more than 20 times the profit for you in more than two years. So some people are jealous."
Greta was stunned, after thinking about it, then slapped his head and said with a lot of laughter and crying: "This group of greedy guys. It turns out that after seeing this, you don't want to take back these shares, right? Then my asking price is very high, and I don't plan to sell it."
Greta owns 1% of Jeju Bank shares, and the outside world doesn't know much. But as UBS shareholders, they are naturally puzzled after seeing Jeju Bank sending money to Greta for two consecutive years, so after investigation, it just came out. It's just that it's not reported by the outside world at present, but it's basically no secret among UBS shareholders, especially among major shareholders.
In addition, UBS's failure last year was a fall into the hands of Jeju Bank, which was inevitable that they had some bad ideas, and this was also the reason why Gic came here this time. Because they are also major shareholders of UBS, they suffered heavy losses last year. They must remove Greta, the "black sheep".
Ji Feng smiled and said, "If I take back the shares in your hands and can keep you firmly on the throne of UBS, do you also disagree? And I plan to replace them with you with the fixed shares in my hands. You should know how valuable those shares are."
Greta couldn't calm down now and looked at Ji Feng in surprise and said, "You really plan that?"
Others don’t know the value of UBS shares held by Ji Feng, but he knows it clearly. If he really can obtain the shares held by Ji Feng, he will basically be equivalent to claiming the throne of UBS president. This is completely different from Ji Feng’s own holdings, because according to the agreement, if the transaction is transferred, the accumulated appreciation volume over the years will be calculated, which will allow him to quickly become the largest shareholder.
Greta's fundamental is still in Switzerland and UBS, so compared with Ji Feng's shares, Jeju Bank's shares are not that important.
After receiving Ji Feng's affirmative agreement, Greta quickly communicated with Ji Feng with great enthusiasm. When lunch ended, the two also determined the conditions for replacement. In the end, Greta acquired UBS shares held by Ji Feng with his 5.6% stake in Italy Fiat and 1% dividend shares of Jeju Bank.
Both of them who reached the agreement were very happy. Although the Gegreta people were very good and did help him a lot at the beginning, Ji Feng was still thinking about when he could take back the shares in his hands. After all, he has always claimed to the outside world that Jeju Bank is unique to him, and now it is true.
At the same time, Ji Feng also had some new ideas about the additional 5.6% of Fiat's shares, but he still had to discuss this with his elites after going back.
In the afternoon of the same day, Greta turned down all its trips and quickly signed a replacement agreement with Ji Feng. Although Dennis was late, fortunately, he finally didn't delay anything. He felt a little distressed when he saw Ji Feng "selling" UBS shares at such a low price. Fortunately, he knew that Ji Feng wanted to take back the 1% stake, and it was worth it to pay some price for it. It was just that the old guy Greta had been cheap. In less than three years, the capital he invested nearly 50 times.
While the two parties secretly signed the replacement agreement in the hotel, Arifa refused the invitation to meet with the president of GIC with a hint of laughter and cry. It seemed that his boss had nothing to do with UBS now. GIC has basically destined to fail in this UBS board battle. If you blame it, you should blame it too late to contact your boss.
But Arifa didn't know that Gic had not contacted him before because he knew the deep friendship between Ji Feng and Greta. However, he saw that the two were still together from noon to now, Gic was also anxious, but he was still a move that was different in the chess. (To be continued...)
Chapter completed!