Chapter 354 Memorandum

The official transaction time was set for tomorrow morning.

Leaving an entire night to prepare the contract, and considering the buyer's formidable strength, there shouldn't be any unexpected changes, so Su Yehao was reasonably relieved.

On the other hand, the Abu Dhabi sovereign wealth fund's venture capital company in Silicon Valley seemed worried about potential complications, fearing that other buyers with higher offers might suddenly appear.

Therefore.

That evening, they arranged for someone to contact Su Yehao, asking him to go to the law firm to sign a memorandum of agreement, and proactively offered to pay the deposit first.

After a 12% premium, the total transaction amount was $2,748,000,000, meticulously down to the last two decimal places. The agreed deposit was 30% of the total amount, and the penalty for breach of contract was stipulated as double the deposit.

When Su Yehao arrived to sign the agreement, he really wanted to generously round down the numbers for them.

However, considering that these foreigners probably weren't very good at math, and didn't care about the few hundred thousand dollars, he didn't ask them to prepare new documents.

The signature seal that his grandfather had given him came in handy. After signing, he stamped it four times.

The natural cracks that occurred during the carving process inherently provided anti-counterfeiting effects, which were more reliable than a signature.

He kept one copy, the other party took one, and the other two were kept by their respective lawyers. The memorandum had the notary's signature and seal.

At this point, the transaction was basically guaranteed.

Su Yehao really wanted to sell, and the other party really wanted to buy. After signing, they shook hands and smiled happily.

The only pity.

Was probably not seeing the white-robed tycoon himself, only a few professional managers came.

According to Su Yehao's guess, this scale of transaction probably wasn't high enough to warrant it. He was almost the richest man in Asia, and it was rare for him to feel a little envious.

Mainly envious of how easily the royal family made money, born in the most advantageous circumstances.

Find a place to drill a hole, and every nod of the "nodding donkey" (oil pump) was a source of income. Some oil fields in the Middle East had daily production of up to a thousand tons, and even two thousand tons was quite common.

Even a printing press couldn't compare to an oil pump, this was real black gold.

Even though it was just a memorandum, the process was still meticulous, so both parties were at ease.

The people from PricewaterhouseCoopers Consulting then handed the bill directly to Su Yehao's assistant. Linda Yun was still on vacation and wouldn't be back until tomorrow.

When he saw that the commission on PricewaterhouseCoopers' bill was as high as $2.7 million, equivalent to one-thousandth of the total transaction amount, and it was specially marked as a discounted price, payable within one month after the completion of the transaction.

Su Yehao was almost furious.

Even after getting into the car, he complained to Vice President Lin Youfeng, saying:

"I strongly suspect that PricewaterhouseCoopers this time, probably just made a few phone calls for me, and the phone bill added up to one or two dollars. How can they have the nerve to charge me more than two million in commission? If I had known, I would have bypassed these guys and released the news myself. They're really damn black..."

Vice President Lin Youfeng, at this time, was wearing a suit and tie, and his leather shoes were so shiny that they reflected light.

Just looking at his temperament, he was even more like a boss than Su Yehao, with the maturity and stability of a middle-aged man.

He smiled and said to Su Yehao:

"Forget it, you always have to pay when you ask them for help. As the old saying goes, a loss may turn out to be a blessing in disguise. Being able to close the deal so quickly, they can be considered to have helped find a customer. Perhaps the stock price will plummet next Monday, and the loss will be much higher than this commission. Today, Yahoo rose 1.38%, which is equivalent to more than 30 million US dollars. Now any further drop is no longer your business."

"That's right, these consulting companies specialize in making money from enterprises. Although each one is a bigger pit than the last, they are really useful."

Su Yehao casually grumbled a few words, but didn't really take it to heart. PricewaterhouseCoopers was not only responsible for finding customers, but also for verifying the identities of both parties and supervising the transaction. If any problems occurred afterward, he could hold these people who charged intermediary fees accountable.

Changing the subject.

Vice President Lin Youfeng smiled and said: "In the current situation, it can barely be considered a small high point in Yahoo's stock price. I don't know how long this bull market will last. Are you planning to withdraw the money you invested in other companies?"

Taking two cigars out of the armrest of the seat, Su Yehao said:

"It should be able to rise for a while longer. There are no signs of this bull market ending. The Federal Reserve is raising interest rates, the number of netizens is soaring, and the key is that there is too much hot money in the NASDAQ market. I plan to wait and see for another two months. I hold too many Yahoo shares, so it's more difficult to run when it hits a high point. I'm not worried about other wealth management projects."

He was afraid that Lin Youfeng would ask some technical professional questions, and it would be embarrassing if he couldn't answer, so he sighed and asked:

"More than 500 million US dollars in cash, transferred to me as soon as it's said. It's just enough to pay back the bank and release the mortgage. One night should be enough time. Hong Kong is Sunday, so let the bank people work overtime. How rich do you think the UAE is? They don't even need time to raise funds, and they're ready to pay me the balance after signing the contract tomorrow, making me flustered. I have to contact several banks for loans later."

"Anyway, you hold shares in Yanwenzi Group, so discuss changing the collateral with the bank. It's just signing a few documents, it won't be too troublesome. I don't know how much money they have, but the UAE has at least hundreds of billions of barrels of oil buried underground. Recently, crude oil prices have been sluggish, at ten-odd dollars per barrel. The extraction cost shouldn't exceed one dollar. Added together, it's more than one trillion, and it's probably more than that when oil prices recover."

After Lin Youfeng finished speaking, he asked the driver to open the sunroof and found that the bulletproof glass was about six centimeters thick.

He had never heard of the series name "Phantom" before.

After asking, he learned that a royal family in Southeast Asia had spent money to customize it a few years ago, which allowed Rolls-Royce to revive the name of the Phantom series from a pile of antiques, and additionally produced more than a dozen extended bulletproof Phantoms, priced from 1.4 million to 1.8 million US dollars. The customers were either rich or noble.

Su Yehao's car was one of them, benefiting from the royal family, otherwise he would have to wait a few more years before he could ride in a Phantom...

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Lin Youfeng was sent to the company, and they agreed to meet directly at the law firm tomorrow morning.

On the way home.

Su Yehao was surprised to find several raccoons on the side of the road, chasing a wild cat everywhere.

Silicon Valley, as a place, sounds high-end, but now the environment is very much like a combination of urban and rural areas. In terms of urban landscape... there is almost none.

However.

One must admire the power of Silicon Valley's technology ecosystem.

There is technology if you want technology, funding if you want funding, and talent if you want talent. Hong Kong is quite wealthy, but the rich do not have the habit of investing in research and development.

In terms of technology and talent in the high-tech industry, it is even more barren, even far inferior to the mainland.

Thinking that Mr. Zhang Rujing had reminded him again that it would be best to first place the first wafer foundry in Hong Kong, and then find a way to open a branch factory in the mainland when conditions were ripe, Su Yehao felt that he should listen to his advice.

Therefore, he was distressed again about how he should reach out and ask the Hong Kong government for policy support.

Including South Korea, Japan, the United States, and other places, have created a relaxed development environment for high-tech enterprises, not only with financial subsidies, but also with support in terms of taxes, fees, and talent training. This is a blank area in Hong Kong.

Now even Cyberport is land that Su Yehao and others have jointly paid for, and they have to pay out of their own pockets for construction later.

As soon as he thought of dealing with the government, he would inevitably have to move around, and his head instantly became as big as a bucket.

After thinking about it.

He decisively sent a message to call someone, fearing that Vice President Zheng Yongwen would pretend not to see the message, Su Yehao left a trick, first asking him about the progress of the Hong Kong Stock Exchange's restructuring work...