Chapter 118

Chapter 118 SunEast Bank

Chapter 118 SunEast Bank

Howard sat silently in a spectator's seat during the meeting, too intimidated to speak.

What shocked him even more was Drake's agreement with Robin's outrageous decision.

More importantly. Shirley and her fully recovered father, Timothy, were also on Robin's side.

He realized that it would be impossible to use this matter to bring Robin down.

Seizing the moment of chaos in the meeting room, he quietly slipped out.

Once in the fire escape. Howard glanced around and saw that no one was in sight.

64%

+5 Free Coins

He pulled out his phone and called Dominic Stone, the president of SunEast Bank in Harmonfield.

SunEast Bank was a private joint-stock bank, established five years ago in Brookhaven by several major private enterprises from southern Draconia. Three years ago, SunEast Bank and another Harmonfield Bank, both provided loans to Jonah's Infinity

Tower.

Previously, Jonah used all his properties and the Infinity Tower itself as collateral to borrow three billion from SunEast Bank and 4 billion from Harmonfield Bank. The term of their loan agreements was ten years.

For the past three years, regardless of how tight his finances became, Jonah had never missed an interest payment to either bank.

Even during the toughest times, he managed to avoid owing either bank a single penny, even resorting to high-interest loans to keep up with his obligations.

Jonah understood that he had taken on this debt in order to develop a thriving business district in Southvale.

For someone with big ambitions, integrity was always the top priority.

However, earlier this year, both banks unexpectedly claimed that Infinity Tower posed a significant risk and demanded that Jonah repay the principal and interest immediately. Thus placed Jonah in a precarious position, as his finances were already extremely tight.

Today marked the final deadline for repayment to both banks.

Both banks required Jonah to repay their loans by midnight tonight.

Harmonfield Bank's principal and interest totaled five billion, while SunEast Bank's amounted to 3.8

billion.

Although the final deadline was set for midnight, Jonat knew that the banks would shut down their large Transfer systems after 5:30 PM.

1/5

14.39

NOV

Chapter 118 SunEast Bank

If he couldn't ensure that the funds were credited to the banks' accounts by that time, he would face serious consequences.

following day, ownership of Infinity Tower

that moment, it was already

himself that if the banks could cut the repayment deadline short, Robin's plans for

brag about himself in front of

the others would surely

Robin and take the

he might even win Shirley's

the reason Shirley had been distant from

to get rid of Robin and drive him out of the

that letting the banks take over Infinity Tower was the

personal relationship with Dominic, the president of SunEast

two often met

to pave the way for himself, Howard used his position in

Dominic to nightclubs for

said that Howard had kept

confident that asking Dominic for a favor regarding this situation

Timothy did not oppose Robin's proposal to

shareholders, including Mitchell and

were reluctant, these individuals were founding members of the Dunn Group

they had no choice

few minor shareholders

reluctant to support Robin's actions, none dared to voice their concerns in

Nov

Chapter 118 SunEast Bank.

+5 Free Coins

two-step

the process of ending Jonah's

over to the court to seal Infinity Tower and reclaim

planned to reach out to some shareholders

Drake, Shirley, and Timothy by suggesting that the shareholders withdraw

Drake

of SunEast Bank, received Howard's call and

Shirley has contacted me

her stance is that Dunn Group will

tomorrow morning. "Today is simply too late for

the court seizure procedure now to confiscate Infinity Tower, I can't

just anyone; he adores Ms. Dunn. If I offend

deep sense of unease regarding Howard's

Harmonfield, few dared to stand up to Drake; he was a

Group board meeting is in progress, and nearly all the shareholders are opposed to

given that Robin is the current CEO of Eastvale and was appointed by Shirley, the Dunns might be reluctant to openly oppose him in the board meeting for the

major shareholders are voicing their discontent, and quite a

seizure process for Infinity Tower at this crucial moment, it would effectively give the Dunns a way to save

taking over lulinity Tower in

mislead me. I don't want to

375

14:39 Wed, Nov 20

Chapter 118 SunEast Bank

president of Harmonfield SunEast Bank,

assurances and promised to repay tomorrow. If I proceed with this, and Mr. Dunn Sr. gets angry, a small bank president like me wouldn't be able to handle the consequences." Howard chuckled. "Mr. Stone, don't worry. The Dunns are

land is essentially worthless, and they're aware of

Infinity Tower for 20

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

Comments ()

0/255