Chapter 118 Golden Sun Bank

Reginald sat in the attendance position of the meeting and did not dare to speak.

What he didn’t expect was that Harold would actually agree to Robin’s absurd decision.

What’s more, Karina and her recovered father, Camdyn, also stood by Robin’s side.

He knew that it was simply impossible to bring down Robin through this matter.

Taking advantage of the chaos in the conference hall, he quietly slipped out.

Arriving at the fire escape, Reginald looked around and saw no one.

He took out his phone and dialed the number of Roberto, the president of the Hallcester Branch of Golden Sun Bank.

Golden Sun Bank was a privately owned joint–stock bank.

Londraland, a commercial bank, was established five years ago in Hashville State by several major private enterprises in the south.

Golden Sun Bank and another bank, Central Hallcester Bank, both loaned money to Freddie’s Glory Edifice three years ago.

Previously, Freddie mortgaged all of his assets and Glory Edifice itself, borrowing 3 billion from Golden Sun Bank and 4 billion from Central Hallcester Bank.

The term of their loan contract was ten years.

For the past three years, Freddie has never defaulted on the interest. payments to both banks, regardless of how tight his finances were.

In the most difficult times, not even a penny was owed to two banks, even if it meant borrowing at high interest rates.

Because Freddie knew that the reason he was doing this was to be able to build a prosperous business district in the southern part of the city, he was forced to borrow money.

People who do great things always prioritize integrity.

However, at the beginning of this year, these two banks suddenly identified a significant risk associated with Glory Edifice and demanded that Freddie immediately repay the principal and interest owed.

This immediately put Freddie, who was already in a state of extreme financial strain, in a predicament.

Today is the final repayment deadline for these two banks.

The two banks required Freddie to repay their loans before midnight.

Bank had a principal and interest of 5 billion, while Golden Sun Bank had a principal and interest of

repayment was before midnight tonight.

after 5:30 PM, banks would close

deposited into the bank account before half past

Golden

next day, the ownership of Glory Edifice belonged

was already half past three in

the bank could end the repayment deadline. ahead of

of the matter, I will boast about myself in front of

others would definitely appreciate him for

the

and took

could have won Karina’s

that it was because of Robin’s

Robin is driven away from the Huber

course of action at the moment was to

had a close relationship with Roberto, the president of

of them used to

way, took advantage of his position at

to accompany me to

services.

Golden

said that over the past few years, Roberto has been

him for

reject Robin’s proposal to sign the contract to take over Glory

shareholders like Shawn and Ernest also sided with

senior figures who had

supported Robin, and they both had no choice but to

small shareholders were hesitating.

with Robin’s approach, none of them dared to say it in

in these people’s minds, and he planned to disrupt Robin’s plan to take over

Sun Bank initiate the early termination of Freddie’s

the Glory Edifice to the court and seize its

was prepared to contact some shareholders after the shareholders‘ meeting ended.

Karina, and Camdyn by

it could force

118 Golden Sun

a call from Reginald, the president of Golden Sun Bank,

had already called me before

that the Huber Group

arrange the fund transfer tomorrow morning for

Huber Group’s finance department was unable to process such a large transfer due to the late hour.”

foreclosure procedure on Glory Edifice at our bank now, I

Harold is not an ordinary person. He has a great affection for Ms. Huber. If I offend him in this

worried about Reginald’s

oppose Mr. Harold. He was a

saying, “Mr. Francis, it’s not as serious as you

that the board meeting of the Huber Group was underway, and almost all shareholders were against Robin’s proposal for the Huber Group to take over Glory Edifice, this

mess.”

is now the president of the Eastern District Development Corporation, and moreover, he

Golden

Karina.”

family may have refrained from directly denying at the board

several shareholders wanted to withdraw their investments

to seal off Glory Edifice at this critical moment, it would be giving the

decent of the Huber Group to decline taking over Glory Edifice. This way, the

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

Comments ()

0/255