However, it was also beneficial not to contact Sun Dahai immediately. Luo Wanli and Brent thought about it and felt that the stakes this time were too high. It might not be easy to rely solely on the notary's control. It would be better to make it more standardized.
, to prevent Sun Dahai from defaulting on his debt.
You know, this is a staggering bet of US$600 million. Different from Luo Wanli's small situation of HK$10 million, what kind of face and dignity are insignificant in front of US$600 million.
The two of them stayed up all night long to find a familiar lawyer to draw up a contract, and contacted a bank that was willing to take charge of the matter. They were busy all night long and didn't even sleep for a minute.
If Sun Dahai knew this, he would probably laugh to death. People who want to give him benefits are really worthy of praise. The key is that what they gave is not money, but the land that Sun Dahai urgently needs. This is really a gift when he is sleepy.
Pillow.
At eight o'clock in the morning, just a few minutes after Gao Yi turned on his phone, Aya's call came in.
Aya was also unlucky. She was woken up by Luo Wanli's phone call at six o'clock in the morning. She couldn't even get a beauty sleep. At Luo Wanli's request, she dialed Sun Dahai's number every five minutes until Gao Yi picked up the phone.
, she has completed the task.
Sun Dahai had just returned from morning exercise and was washing up. He was stunned when he heard Gao Yi's story. Unexpectedly, someone actually climbed up the pole to give him money. Is he the legendary "good guy"?
Brent and Luo Wanli had already set off at this time. They rushed to the Peninsula Hotel with their lawyers, the contract drafted overnight, and the president of the UBS Xiangjiang Branch who was willing to undertake this business.
Sun Dahai asked them to come to the hotel for an interview at 8:30, and called Cao Yong. This kind of matter involving huge assets must have a lawyer present.
When Aya called Sun Dahai yesterday to tell him about this, Sun Dahai didn't pay attention. His two answers were actually not insults to Luo Wanli and the others, they were just excuses made casually because he didn't want to play with them.
Sun Dahai has the memory of his previous life, so he doesn't have to worry about capital problems if he goes step by step. Now is not the time when he needs to develop his capital quickly. Sun Dahai actually doesn't want people to think that he is a gambler.
It's just that the land Aya mentioned aroused Sun Dahai's interest. This is something he may not be able to buy even with money. It can be seen that Luo Wanli and Brent are really good people.
Cao Yong knew the lawyer hired by the other party. There were only a few top barristers in Xiangjiang. Everyone looked up and saw each other. They all knew each other's temperament.
The other party is also a barrister. Like Cao Yong, he only plays a notarization role on this occasion. The specific contract was made by a solicitor in his own law firm.
The contract was very simple and the terms were carefully designed. After Cao Yong carefully reviewed the contract, he nodded to Sun Dahai and said that there was no problem with the contract.
The main contract was very simple, just the terms that Brent and Luo Wanli had discussed yesterday. When Sun Dahai saw that this time it was actually based on 3,700 points, betting on the rise or fall of the Hang Seng Index, he couldn't help but look up at these two "good guys."
Brent and the others were actually quite nervous at this moment, fearing that Sun Dahai would not accept the bet. As the saying goes, there are only rapes, not forced bets. If Sun Dahai refused to accept it, no one would be able to blame him from the perspective of law and public order.
It's not coming.
Sun Dahai hesitated for a while, discussed with Cao Yong in a low voice, and then asked: "You bet on this piece of land, the price is 600 million US dollars, you won't want me to bet with you in cash, right?"
Brent and Luo Wanli also discussed this issue last night. They guessed that Sun Dahai would not deposit cash, even if according to convention, he only needed to deposit 500 million US dollars.
"If you don't use cash, we hope you will use the future building as a bet. We have investigated and found that your future building has no bank loan, no mortgage or guarantee, and the property rights are very complete and clear.
Although our current valuation of the Future Tower is US$580 million, which is slightly lower than the land we provided, this bet was proposed by us, so we are willing to give up our pursuit of the difference."
Cao Yong said: "The current owner of this land is not Mr. Brent Cruz. How will you deal with it?"
Brent replied: "The family has decided to transfer this piece of land to my name, and I will complete the transfer and notarization within a week. I hope to sign a supplementary agreement for the authentication of the bets between both parties in a week.
At that time, all procedures for the land and the future building will be handed over to the UBS Xiangjiang Branch as a notary after the supplementary agreement is signed, and they will transfer the bet to the winner based on the betting results after the deadline."
To put it simply, the contract is divided into two steps. The main contract is signed today, and a week later both parties will notarize the bets recognized by the other party, and then sign a supplementary agreement for the bets.
From the signing of the supplementary agreement until the end of the bet at the end of October, the two bets will be temporarily kept by UBS, and the rights of both parties to trade, replace, mortgage, guarantee and other financial operations on the bets during this period will be temporarily frozen.
This is actually a protective measure to ensure that the bets of both parties are not artificially devalued. Casinos, large financial companies or banks are very experienced in handling this matter. Once they handle it, there will be no loopholes easily.
These three types of companies can all take over gambling, but there are still differences. Casinos are generally not afraid of losers defaulting on their bills, but their commissions are too harsh. For a gambling of this scale, they have to take away 100 million.
The commission charged by a financial company is not high, but it is not easy to find a financial company that is strong enough and recognized by both parties.
Banks are actually the most suitable, but the stakes must be large enough to attract the bank's attention. It is best if the subject matter is real estate or shares, so that the agent bank can develop long-term cooperation with customers.
Unlike cash transactions, the agent bank can only act as a notary and a passing god of wealth. Once the transaction is completed, the customer will no longer care about the bank.
Brent and Luo Wanli were very thoughtful. They did not use HSBC or Standard Chartered Bank, which they often dealt with. There were a large number of Britten shareholders behind these two banks. They were worried that Sun Dahai would not approve.
They chose UBS Xiangjiang Branch, which they had some business contacts with, precisely because they wanted to tell Sun Dahai that betting is conducted in accordance with the agreed method, and we do not resort to outside the market.
The betting contract was finally signed at eleven o'clock, and Brent and Luo Wanli high-fived each other. Sun Dahai thought he had not understood the terms of the contract, so he quickly read it again carefully.
Since Sun Dahai was about to return to the capital, he also signed a power of attorney, entrusting Gao Yi and Cao Yong, who were staying in Xiangjiang, to handle the follow-up procedures on his behalf.