Lee Jae-yeon took a deep breath and looked at Su Yoo-yong, saying, "Is it okay if the money is transferred to your account later?"
“If you don’t trust me, we can sign another contract. Besides, this is a society governed by law. If you sue me in court, my account will be frozen immediately. Do you think I’ll run off with your money?” Su Yourong said with a smile.
Lee Jae-yeon wasn't afraid that she would run away with the money; he was afraid that she would use the money to buy the 10% equity in her own name, and then give him that money back after making a profit. Wouldn't that be a huge loss?
The two signed another contract in the reception room that day, which put Lee Jae-yam at ease.
Holding the two contracts, Su Yourong was in an indescribably good mood. That evening, she hosted a dinner for the shareholders and announced that she would be temporarily removed from the board of directors at the next board meeting because she could not enjoy all the rights of a shareholder since she did not hold all the shares herself.
The following morning, United Capital held an emergency board meeting, at which it was unanimously decided to temporarily remove Lee Jae-yam from the board, as he was not eligible to attend.
Last night, Li Zaiyan was lying at home dreaming of making a fortune every day. When he received this news the next day, he was completely stunned.
At 10:00 AM, the Cape Town High Court formally delivered its verdict in the Jiafeng Electronics cross-border trade case. Due to intellectual property disputes involving multiple products manufactured by the Jiafeng Electronics Group, including televisions, pagers, VCD players, and radios, the court ruled to prohibit the company from multiple transfers of its domestic assets, prohibit the company from transferring its assets abroad, and freeze the company's existing accounts.
The subsequent verdict involved the unfreezing of existing funds, which was to be completed within 24 hours. Furthermore, any assets subsequently discovered upon entry into the country would be frozen immediately.
The verdict caused an uproar among many media outlets. While the verdict against Jiafeng Electronics seemed strict, it was actually full of loopholes and lacked reliable legal basis. Even the infringement was only considered to be a possibility.
These are just some simple electronic products, and the relevant authorities can quickly identify them, but they cannot produce any substantial evidence.
Many media outlets have shifted their focus from Jiafeng Electronics to the international community. An hour later, Reuters published its opinion, stating that the South African ruling was an extremely chaotic and unfounded decision, reflecting a fear of certain countries.
The 200 million RMB in the company account was immediately transferred to Ronald's father's company account, marking an imperfect end to this affair.
At the same time, Jiafeng Electronics also signed orders worth 800 million yuan with three partner companies in South Africa. The money is not allowed to go out, but the goods can come in.
Any company would shake their head at this kind of deal, but Lu Feng did it anyway.
By the afternoon, those who were following the story had learned of it, and senior executives at Wall Street financial firms unanimously agreed that Lu Feng had definitely backed down.
After being beaten like that, unless he wants to be beaten even harder, any smart person wouldn't continue.
Inside a manor, the weather was clear and the sun was shining brightly. Lambert held the phone in his hand, listened to the news, and then looked at an old man across from him.
"Breaking news! Jiafeng Electronics has been banned from leaving South Africa!" Lambert asked the old man opposite him, "I wonder what Mr. Soros thinks he will do next?"
“I don’t know him at all!” Soros shook his head and laughed, “Do you think he’ll back down? And give up?”
"Yes!"
"This isn't the 'him' you told me about. The 'him' you described is probably secretly gathering strength right now, ready to deliver a fatal blow at any moment," Soros analyzed.
"Hahahaha!" Lambert laughed and said, "I haven't offended him, and no one has ever targeted him. If he had to find an enemy, it would be the United States. Do you think he is a rival to a country? An individual is too insignificant in front of a nation."
"Really? Actually, I think some countries are quite vulnerable from a financial perspective. I was chatting with some friends in the financial world recently, and they came up with a concept called how to steal a country." Soros said with a smile, "That's really interesting. Sometimes I even think about trying it out!"
Continue read on readnovelmtl.com