SWNOVELS Chapter 119
Chapter 119 A Different Approach
Chapter 119 A Different Approach
Robin called Shirley, but the line was unavailable.
It struck him that it was meeting time.
Shirley might have turned off her phone to avoid interruptions while discussing Infinity Tower with the shareholders.
Meanwhile, SunEast Bank had issued a final notice to Jonah's finance department, indicating that the repayment channel would be closed in 30 minutes.
Time was running out, and any further delays would be too late.
Because he couldn't get through to Shirley, he decided to go directly to SunEast Bank to see what was happening.
"Let's go. We're going to SunEast Bank now," Robin said, rising and gesturing for Jonah to follow him out.
Jonah hesitated briefly before stepping out of the office.
"Mr. Ramsey, do you know Dominic Stone, the president of SunEast Bank?"
Robin shook his head. "I don't know him. We can go directly and explain the situation. Surely, he won't be so rigid that he won't consider some flexibility for this amount. "Besides, Shirley already informed him that the Dunns will be taking over Infinity Tower.
"Even if Dominic, the president of SunEast Bank, lacks insight, he shouldn't ignore the Dunns standing.
"The Dunns aren't short of 3.8 billion. With their guarantee, why would he be concerned about your repayment?"
Jonah checked the time, there was just over an hour until the bank closed at 5:30.
It seemed they had no other option.
After leaving the Eastvale Building, they hurried to SunEast Bank.
Jonah followed Robin into Dominic's office, where Dominic was packing his belongings, getting ready to head to a leisure club in the northern suburbs.
That evening, he planned to enjoy the company of exotic beauties with Howard.
As he was about to leave, he was surprised to see Jonah enter with a young man. "Jonah, are you here to make a payment?
"Great! If you can transfer the funds right now, we'll cancel the process to seize Infinity Tower immediately."
Jonah stepped forward. "Mr. Stone, the final repayment deadline is midnight tonight. What do you mean by closing the repayment channel now?"
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Dominic glanced at the time. Jonah, it's already after four o'clock. Do you think you can transfer 3.8
billion to our account now?
"That's just a joke! Such a transaction is completely impossible!
"In this situation. is there a problem with my decision to close the repayment channel?
you
now.
"If you can guarantee that the 3.8 billion will be in our bank account by 5:30, I can wait for y
Think about it. Do you really have the ability to pull that off?"
Jonah was momentarily speechless after Dominic's words.
He knew that transferring such a large sum in just one hour was impossible.
Even within a week, there was no guarantee of completing the entire settlement.
Dominic glanced at Jonah and Robin, sneering slightly. Jonah, it's time to accept defeat. Infinity Tower has long been a deadlock, and with your limited resources, you simply can't play this game. "Harmonfield has so many capable people struggling with the Southvale plot. Do you really think you, Jonah, can manage it?"
"Have some self-awareness. No matter how grand yourdreams are, they won't help!
"Wake up! You're just a small-time developer. You can't change the fate of the Southvale plot!
"For the past three years, you've poured all your assets into Infinity Tower, but what has that achieved?
"In the end, nothing has changed!
"Isn't the miracle you were hoping for still nowhere in sight?
"Do you really think that if the Dunn Group takes over Infinity Tower, they'll be able to revitalize the Southvale property? It's simply impossible!
"I know you're probably going to tell me that the Dunns guaranteed the funds.
"That's true; Shirley did call me. But so what?
"She never signed a guaranteed contract with me. A verbal promise doesn't guarantee anything.
"If anything goes wrong and she denies saying any of this, who can I turn to?
"Oh, and there's something you might not know: the shareholders of the Dunn Group are currently in a heated argument over this issue.
"As for the outcome of their debate, it's anyone's guess
"But, just a few minutes ago, a key figure from the Dung Group called me and urged me not to wait any longer.
"I know the Dunn Group would never transfer 3.8 billion just for your troubled project, Jonah."
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Jonah was shocked by the news. "So the Dunn Group is unwilling to take over Infinity Tower?"
Dominic shook his head. "Come on. Jonah, let's be realistic.
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"We've known each other for a while. You're a smart guy. It's time to admit defeat.
"I understand this situation is tough for you.
"But that's how business works-winners and losers. You don't have a choice!
"At the beginning, it was your choice to gamble on the Southvale property; no one forced you into it.
"When you needed money the most, SunEast Bank lent you 3 billion. We've been more than accommodating. "Don't accuse me of being heartless. As a bank, we can only do so much."
Jonah let out a bitter sigh.
"Mr. Stone, you're being unreasonable! The loan agreement I signed with your bank has a ten-year term.
"It's only been three years, and you're suddenly terminating my loan agreement? Are you kidding me?
"You lent me three billion, all of which has been invested in Infinity Tower.
"The construction is almost halfway done, and now you choose this moment to end the contract? Isn't that just setting me up to fail?!
"You see, my building is now in such a state that I can't sell it and I don't have the money to build it anymore. All my money is completely tied up.
"But you're forcing me to repay the loan under these circumstances. Isn't that unethical?"
Dominic looked at Jonah, now filled with rage, and burst out laughing.
"Jonah, you're in business, and so is the bank!
"We need to make a profit too. Lending you money isn't about helping you realize your distant dreams.
"Sure, the loan agreement we signed was for ten years, but the Southvale property has lost all its value. Do you really think you can recover 3 billion in ten years?
"Even if you manage to complete Infinity Tower at its full height of 1.247 feet, what will that accomplish?
"It will still be worthless junk!
"When the time comes, and we try to collect the 3 billion loan from you, what will you have to repay us?
"By then, you'll probably be in over your head with loan sharks.
"As far as I know, you've also borrowed two billion in high-interest loans from Abyssal Dominion.
"Who is Shawn? And who is Mr. Rygar? We both know the truth-you've taken their money, and they won't let you off the hook.
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They won't spare you!
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"So let's hand these issues over to the courts. Otherwise, before we even have a chance to salvage anything. from Infinity Tower. Mr. Rygar and his associates will take it all from us. "Jonah, you need to wake up!
"The Dunn Group won't accept your Infinity Tower or the entire Southvale business district, unless the upper management at the Dunns has lost their minds!!
Robin stepped forward and said firmly. "The Dunns haven't lost their minds! I'm Robin Ramsey, the CEO of Dunns Eastvale Development Company, and I'm the one discussing the transfer of Infinity Tower with Jonah "Mr. Stone, an hour ago. Shirley called you to inform you that the Dunn Group is willing to guarantee Jonah's three billion loan.
"Although it's just a verbal agreement, given the Dunns reputation, there's no way Shirley would deny this commitment, no matter what happens..
"Once the Dunns finalize their internal preparations, the funds can be transferred to your bank account.
"SunEast Bank will only wait a few hours at most.
"Today's delay is simply due to the late hour, which prevents any transfer operations.
"Mr. Stone, it would be wise for you to handle this matter carefully; otherwise, it won't be pleasant if everyone starts arguing over this money, Dominic finally looked up at Robin. "So you're the new CEO of Eastvale, Robin Ramsey?"
Robin nodded. "Yes, Mr. Stone."
Dominic chuckled, his gaze assessing Robin with a hint of disdain. "The Dunn Group's board is currently discussing your actions today
He then adopted a condescending tone, as if to educate the younger man. "Robin, I hate to say it, but you're being too impulsive and emotional in your approach:
"With your current perspective and abilities, you still don't truly grasp the complexities of the capital
market.
"You should seriously consider stepping back from the Southvale property issues. Don't wait until it's too late and find yourself in a position from which you can't recover! "It's great for young people to have ambitious goals and pursue their passions!
"However, it's crucial to stay level-headed! Letting emotions drive your decisions can lead to major mistakes!
"I can't agree with Jonah's situation because I've just received a call from someone more senior at the Dunn Group
"Unless you can transfer the repayment immediately, there's nothing more to discuss."
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Then, Dominic disdainfully shook his head and headed for the door.
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Robin coldly interjected, "Hold on! Are you saying that even with the Dunns as guarantors, there's no chance to give Infinity Tower and Jonah an extra night Dominic glanced at Robin's icy gaze and sneered, "That's right, a bank is a bank. Once the repayment deadline hits, there's no room for negotiation!" "Alright, if that's the case, let's approach this differently
Robin pointed to the wall clock. "It's not yet time for the final repayment, is it? "According to the contract, the deadline for repayment is set for midnight tonight. "That means as long as the funds arrive before then, it won't be considered a default!
"You're still on the clock, so are you really planning to leave your post? Aren't you concerned I might file a complaint to your HQ's president?"