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.

of 5 billion, while Golden Sun Bank had a

repayment was before midnight

banks would close their large transfer systems.

be deposited into the bank account before half

Golden Sun Bank

of Glory

past three in the afternoon.

bank could end the repayment deadline. ahead of time, Robin’s

about myself in front of

definitely appreciate him

the

that, therefore, he replaced Robin and took up position of President of the

have

of Robin’s appearance that

as Robin is driven away from the Huber Group,

believed that the best course of action at the moment was to let the bank take over Glory Edifice

Roberto, the president of Golden Sun Bank.

two of them used to often meet

of his

accompany me to

services.

Golden Sun

few

be a problem to ask him for help in this

reject Robin’s

major shareholders like Shawn and Ernest also

who had founded the Huber Group together with Harold back

supported Robin, and they both had no

small shareholders were hesitating.

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

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

initiate the

the

some shareholders after

Harold, Karina, and Camdyn by withdrawing

could force Harold to make

118 Golden Sun

president of Golden Sun Bank, Roberto hesitated for a long time upon understanding his meaning.

and Karina had already

the

would arrange the fund transfer tomorrow morning for the money Freddie owed.”

was unable to process such a large transfer due to the late hour.”

initiate the court’s foreclosure procedure on Glory Edifice at our bank

Huber. If I offend

worried about

who dared to oppose Mr. Harold. He was a boss

learned about Roberto’s concerns and smiled, saying, “Mr. Francis,

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,

mess.”

president of the Eastern District Development Corporation, and moreover, he was appointed by

Golden Sun

Karina.”

at the board meeting, possibly due to

major shareholders were disgruntled, and in fact, several shareholders wanted to withdraw

mean is, if you could initiate the procedure to seal off Glory Edifice at this critical moment,

Group to decline taking over Glory Edifice. This way, the decision made by Robin had no meaning

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

Comments ()

0/255