Chapter 1891 Getting the IFC Contract -Part 4
Chapter 1891 Getting the IFC Contract -Part 4
"70 Million and I promise that you get your contract from me. I need some cash to make sure that the board understands this …unique situation that we are being presented with" Kai Hung was sweating profusely right now when he should not be especially when he had worked with tough customers and tenants before.
"36 Million. We will do the construction ourselves." Jin counteroffered.
"No, no. Even if I allow that.. 65 Million."
"37 Million, put in the condition of those two sets of escalators as well. We can do that construction too." Kraft added as a waiter came and asked what would he like. "Plain water too. Thanks."
"60 Million. I really cannot go any lower…" Kai Hung said.
"40 Million and we take that store beside Pineapple and Hua Wee." Jin yawned as this was going nowhere.
"50 Million. 50 Million for all that you asked." Kai Hung was shaking already when the waiter asked if he needed a napkin to wipe his sweat. "This is my final offer."
"Alright 50 Million and throw in five years of free water and electricity," Jin said and Kraft nodded his head over that ingenuity of a condition that he had.
"Okay. 50 Million."
"Huh, a verbal agreement is not going to work, please sign that you had promised the President of Panda Inc. That you are willing to agree on 50 Million for the prospective fifth basement on behalf of the IFC Holdings." Kraft aside he already had it printed a long time ago and placed it on the table.
"This …contract, it stated 50 million." Kai Hung was shocked that he had been manipulated.
"What? No, no. Can you see that I have a handheld printer here?" Kraft smiled as he opened his coat and showed that there was a folder with paper and a device on top of the folder. He printed another piece of paper for Kai Hung to see and told him that he could make adjustments through his phone.
"I see. Can I go back and read the clause first before signing?"
"Sure, then read the last clause, any changes outside from this particular table from this particular steakhouse at this particular duration of timing will incur a penalty fee as well as subject to further changes of the price which you cannot deny." Kraft pointed out and Kai Hung
"This is… extortion! I will not sign it."
"Come on, do you really think we can make a profit in the basement?" This is practically free money for you since you can get defect teams to check for problems. Who knows, maybe we will fail badly and eventually turn this into a car park as you originally wanted. We still be earning some decent cash from it.
"What you actually want is some shares from IFC Holdings to be a minor stakeholder!" Kai Hung believed that was their motive and the both of them merely shrugged their shoulders.
"Think as you will. We just wanted the basement." Jin replied.
"And the free shop," Kraft added on
"And the 2 escalators." Jin\'s turn.
"AND the free 5 year electricity bills." Kraft did not want to miss that out and they both laughed.
"If I do not sign it?" Kai Hung was a bit hesitant but they both once again shrugged their shoulders.
"Then no extra bonus for you this year, I guess? We can do the auction bidding and give you the rental annually. It\'s fun to outbid everyone when the time comes, "Jin said and Kraft nodded. "They knew who lose out the most if they did not get the deal. Besides, the fifth basement was originally meant to be used as more car park space, Foundations had already been placed when it first started but they did not know whether IFC needed that many car parks until recent reports suggested that it would be best to put one more basement to accommodate for the car park situations since people were undoubtedly more affluent.
"Curses! I thought I had control of the conversation, not them!" Kai Hung thought to himself as he took out his pen slowly. "This… is a situation that I have to make with the rest."
"Then be prepared for lower profit margins on your side while we save money just by outbidding the auction" Jin stood up and readjusted his clothes once more. He also realised that with a bit of chi, the suit was straightened almost immediately.
"Wait! Wait! Please wait for a minute." Kai Hung knew this was not an opportunity that could be seen on a daily basis. 50 million split among the people from the top of the food chain will believe that is essential and in relative terms, they will earn roughly 7-10 million from this prey.
"Very well, thank you for doing business with you." Jin extended his hand for a shake before walking with Kraft out of the steakhouse.
"Who told you about this? The System or my mother?"
"You don\'t have to worry about that. Kraft uses a sleight of hand to steal a bottle of unopened red wine and they subsequently portal back into their abode. "You want a drink?" Kraft asked as he took the huge ice cubes from storage.