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.

a principal and interest of 5 billion, while Golden Sun

the deadline for repayment

after 5:30 PM, banks

funds cannot be deposited into the bank account before half past five.

Golden Sun Bank

next day, the ownership of Glory

half past three in

bank could end the repayment deadline.

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

others would definitely appreciate him for

the

is very likely that, therefore, he replaced Robin and took up position of President of the Eastern District Development Corporation.

could have won Karina’s

it was because of Robin’s appearance that

any case, as long as Robin is driven away from the Huber Group, regardless

the moment was to let the bank take over Glory Edifice

a close relationship with Roberto, the president of Golden Sun Bank.

them used to

order to pave his own way, took advantage of his position at the Huber

me to nightclubs for some

services.

118 Golden Sun

few years, Roberto has been fed

ask him for help

saw Harold, Karina, and Camdyn and did not reject Robin’s proposal to sign the contract to take over

like Shawn and Ernest also sided with Robin.

all reluctant, they were the senior figures who had founded

they both had no choice but to agree.

a few small shareholders were

reluctant to agree with Robin’s approach, none of them dared

these people’s minds, and he planned to disrupt Robin’s

let Roberto from Golden Sun Bank initiate the early termination of Freddie’s

the court and seize

some shareholders after the shareholders‘ meeting

Karina, and Camdyn by withdrawing funding from the Huber Group.

could force

Golden Sun

Bank, Roberto hesitated for a long time upon

and Karina had already called me

the Huber Group would take over next.”

the Huber Group would arrange the fund transfer tomorrow morning for the

to process such a

our bank now, I will have difficulty

Mr. Harold is not an ordinary person. He has a great affection for Ms. Huber. If I offend him in this matter, I’m afraid it will be difficult

very worried about

Hallcester, there were not many people who dared to oppose Mr. Harold. He was a boss

concerns and smiled, saying, “Mr. Francis, it’s not

am revealing to you some information 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.”

Robin is now the president of the Eastern District Development Corporation, and

118 Golden

Karina.”

family may have refrained from directly denying at the board meeting, possibly

shareholders wanted to withdraw their investments

Glory Edifice at this

decent of the Huber Group to decline taking over Glory Edifice. This way, the decision made by Robin had no meaning at all.”

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

Comments ()

0/255