Wu Dawei considered that Vladivostok is a military port, and the Future Building System is a privately owned comprehensive international enterprise. It is not a good thing to have too close relations with certain foreign political and military forces. At least it cannot be so obvious.
Wu Dawei's point of view was highly recognized by Sun Dahai. He quickly made a decision and determined the location of the second branch in Bu City.
Although the economic scale of Bu City is not an advantage now, it has its own advantages.
First of all, it is the closest to China's ports, has complete railway and road transportation conditions, and a long-standing bilateral trade foundation.
Secondly, through the coordination of Huanyu Trading Company, Bu City has established many trade channels with the country, including the soon-to-be-established joint venture leather processing enterprise. There will be more and larger projects in the future, and Bu City will continue to play an important role in the economic development of China and Russia.
The role of trade ties.
Sun Dahai has already made plans to wait for ten years. After the Communist Party enters the center of Russian politics, he will promote Shiweitian to contract land in the Far East and carry out mechanized agricultural production.
Finally, the ability and influence of Andrei and his Alexander family here must not be ignored. This is evident from the fact that the "Future" was able to complete the flight and landing procedures so quickly and smoothly this time.
With these favorable factors, Sun Dahai believes that there is still great development potential for Skoll Bank to open a branch in Buenos Aires.
The real compensation for the Alexander family lies in the Russian branch of Skoll Bank. The Russian branch, including the branch and two sub-branches, will be registered in Russia and conduct independent accounting.
Skoll Bank plans to provide US$300 million in operating capital to the Russian branch, of which US$200 million will be borne by Skoll Bank itself, accounting for 66.7% of the shares. The remaining investment amount of US$100 million will be used to introduce strategic partners.
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In fact, this US$100 million was reserved for the Alexander family's white gloves, and no outside funds could come in.
In other words, the Alexander family exchanged 20% of their shares in Skoll Bank for 33.4% of the shares in the future Russian branch. It seems like an equal exchange, but in fact the gap in management authority between the two is huge.
Not only that, Skoll Bank also proposed additional terms: after the establishment of the Russian branch, Skoll Bank will transfer 2% of the shares to the Alexander family based on the actual market value of the Russian branch every year until Skoll Bank holds the Russian branch.
until the department’s shares do not exceed 30%.
The meaning of this additional clause is very clear. After nine years, the Russian branch will be taken over by the Alexander family. In less than twenty years, the Alexander family will have absolute control of the Russian branch.
At that time, they can choose to change the registration information, turn the Russian branch into a completely independent bank, and officially decouple from Skoll Bank.
They can even make a tender offer to let Skoll Bank leave and completely transform it into a family industry.
The exchange terms offered by Sun Dahai were generous, and they were on the right track, directly hitting the weak point of the Alexander family.
Although it is impossible for the Alexander family to know the future development trend of Russia, owning a bank is a pie-in-the-sky good thing for the Alexander family, which has now begun to pursue economic strength.
This is a hundred times greater than the benefits they can bring if they continue to hold 30% of Skoll Bank shares.
Therefore, it only took Wu Dawei less than a week to drink the victory wine with Ivan after signing the agreement. Of course, what they drank was the Su Bian produced by themselves.
All these matters had been resolved before Qiao Hongwei ended his trip to Europe. A few days after he returned to Xiangjiang, he came to Daqingshan Resort.
In Europe, preparations for capital increase and share expansion are being stepped up. Although Skoll Bank is not a listed company, Switzerland has very strict management of commercial banks or financial institutions, so capital increase and share expansion still have to be reported and await approval.
However, today's Skoll Bank is no longer the small and transparent bank with insufficient strength and reputation.
The direct support from BNP Paribas, coupled with the purpose of this targeted capital increase and share expansion, is to nearly double its own capital. It is estimated that it will not encounter malicious difficulties from the authorities again.
If Skoll Bank successfully completes this targeted capital increase and share expansion, its strength will be enough to rank among the top 100 among hundreds of banks and thousands of non-bank financial institutions in Switzerland.
Although Switzerland's banking and financial industries are very developed, not all of them are wealthy.
Except for those powerful factions ranked in the top thirty or forty, the rest are nothing more than small-scale operations.
Not every bank or non-bank financial institution has a "big dog" like the Future System behind it to provide such strong support.
Zhuji Future also transferred 10% of the 44% of its shares in Skoll Bank to Cao's Investment Company.
At this time, Skoll Bank had not yet increased its capital and expanded its shares, and the 10% stock was worth US$50 million.
Cao Yong's Cao's Investment Company has made a lot of money in recent years following the establishment of Future Investment by Shi Weitian and Sun Dahai, but it has barely reached this figure.
However, Cao Yong neither knew much about investment nor paid much attention to it.
This time, when he had the opportunity to invest in Skoll Bank, he told Sun Dahai that he was going to invest in it and hold it for a long time, so as to save the money and invest it in different projects, which made him confused.
Sun Dahai also thinks Cao Yong's idea is very practical.
Skoll Bank will be the core of building the future system in the future, so Sun Dahai will not hesitate to give more benefits to other shareholders this time, but also want to obtain absolute control of Skoll Bank.
The profits of Skoll Bank will not be very high, but they are relatively stable. Because Sun Dahai wants to maintain the healthy development of the entire system, even if he pays subsidies out of his own pocket, the financial data of Skoll Bank will be healthy.
Cao Yong made a very good choice by investing his money here. Sun Dahai also fully supports his choice.
As a result, the future share composition of Skoll Bank has basically been determined.
Establishing Future Holdings has secured its position as the largest shareholder, with its shareholding expected to reach 57%.
After 44% of the original shares were transferred to Cao Yong, 10% were increased and the shares were expanded. This part of the shares shrank by half, becoming 17%.
Through another capital injection in the future, Jiaji will obtain an additional 40% of the shares, so the total shareholding will become 57%.
Sun Investment Company and Cao Investment Company hold 20% and 10% of the shares respectively, which were reduced to 10% and 5%.
In addition, the Smith family, the actual manager of Skoll Bank, the strategic partner BNP Paribas, and the Alexander family hold 10%, 10% and 5% of the shares respectively. The remaining three points of shares are still owned by the original few shares of Skoll Bank.
Minority shareholders continue to hold shares.
Although the proportion of shares in their hands has shrunk by half, the value of each share has more than doubled, so they are not suffering a loss.