I’ll Add Points To All Things

Chapter 907 Pushing into the Abyss

After all, Sansang Group is a long-established company, and it is deeply tied to the Korean economy. Behind it stands Huaerjie, beside it stand the five chaebols, and they hold a huge amount of cash in their hands.

As for Jiadian Group, except for its super-abundant cash reserves, there is nothing comparable.

Even if Sansang is in a hurry, it is entirely possible for Goryeo to come forward and set up the Sansang Act like the popular bill to prohibit Sansang from being acquired.

At this level of company, it is not just an economic issue. There are many political factors that have to be considered.

So...unless Su Yang gets Mr. Wen, Wall Street, and other big chaebols under control, this acquisition is almost impossible.

At the same time, in Goryeo, many people panicked because of Su Yang's reckless attack and acquisition of Sansang Group.

Goryeo Cheongwa Tower, Office of the National President. Mr. Wen was listening to the report of his staff there.

Hearing the recent dispute between the Sansang Group and Su Yang, as well as the bombing case of the Sansang Group reported by his staff, Mr. Wen frowned deeply.

Obviously, with his intellect, he couldn't understand Su Yang's movements.

Why on earth did Su Yang dare to make a move at all costs?

Did he really believe that he would help him?

A person with a net worth of hundreds of billions wouldn't be so naive, would he?

After thinking for a while, but with no result, Mr. Wen waved his staff out, then he picked up the phone and called a familiar person.

When the phone was connected, the man said hoarsely, "You don't understand the current situation?"

Mr. Wen said "hmm", "I really don't understand. What the hell is Su Yang doing?"

The man was silent for a while, "To be honest, I can't understand it either. I always feel that he still has something behind, but I don't know what it is."

After the man finished speaking, he paused and asked, "Will you help him?"

Mr. Wen, who has always been calm, rarely got angry, "Help? How is it possible!"

"The n7 bombing case of Sansang! What a perfect entry point!"

"But just because he shot casually,

Now the situation is on the verge of breaking out, and I don't dare to make excuses. "

Mr. Wen took a deep breath and said, "After all, I am more afraid of him as an outsider than Sansang!"

"Although I want to bring down Sansang, I don't want him to take over!"

"So, now I will only wait for a while, wait and see the changes, and even help the three funerals when necessary."

Speaking of this, Mr. Wen laughed at himself, "Before I took office, I was determined to wipe out the chaebols in Korea so that the people could live in a free country, but I didn't expect that now I would actually help the chaebols in reverse. It's really ridiculous! "

The person on the phone also sighed, and then said, "The world is impermanent. No one can tell."

"We communicate more during this time, and I will tell you in time if there are new changes on my side."

Mr. Wen said "En", "I have wronged you."

The person on the other side of the phone, "Everything is for the country."

Mr. Wen said in a solemn and low voice, "Everything is for the country."

...

Sansang Group headquarters, president's office. At this moment, Li Zairong's face was no longer calm.

The Jiadian Group is coming aggressively, and much faster than he imagined.

I held 5 shares on the first day, 10 on the second day, and now have increased to 15 on the sixth day. At this speed, it won't be long before the Sansang Group will no longer be under their control.

Although he didn't know exactly what tactics the Jiadian Group had used, he had carefully studied Su Yang's information and knew that except for the last setback in Korea, Su Yang's record so far was unbeatable.

Such a person is so menacing that no one should underestimate him.

So he had to act.

Thinking of this, he picked up the phone and called the presidents of several major Wall Street banks and investment banks again.

On the phone, Li Zairong once again explained the crisis of the current situation, and also explained that Su Yang probably held other hidden shares in his hands, but it has not been announced yet. This is an illegal operation in the exchanges of various countries.

So he put forward two conditions.

One is to ask Wall Street to put pressure on the securities trading centers of various countries, and send a letter requesting Jiadian Group to announce the details of the share acquisition and determine whether there is any illegal operation.

The second is to require Wall Street to invest in the secondary market, that is, the stock market to acquire the shares of Sansang, which will increase the pressure on Jiadian Group's acquisition. It also prevents Jiadian Group from holding too many shares and affecting the management of the group.

Several major banks and investment banks in Wall Street that hold shares in Samsang, after listening to Lee Jae-yong's conditions, said that they agreed in principle to the first condition.

But the second condition, because the stock price of Sansang Group is not low, under the circumstances of the company's existing business, whether there are more benefits in increasing the holding of Sansang Group, this must be carefully studied, and it cannot be decided by brainstorming.

Moreover, even if they agree to increase their holdings, with Sansang's current market value, it will take at least tens of billions of dollars to end the game, and this money will not be available in a short time.

So they had to hold a meeting to confirm the plan before replying to Lee Jae-yong.

Hearing Wall Street's reply, Li Zairong was disappointed, but could only accept it.

But after hanging up the phone and thinking about it carefully, he suddenly thought of a way.

It is indeed not easy to allocate so much money in a short period of time.

But... It seems that I and Hyundai have exactly this amount of money.

If possible, can I ask the five major consortiums for help, and then buy the shares of my own group.

Su Yang's main battleground for mopping up the shares of the Sansang Group is in Magnesia and Renton, so can he issue additional stocks mainly in Korea, and then dilute the stocks in Su Yang's hands?

After having this idea, Li Zairong immediately invited the five major financial groups to hold a small meeting.

Because of the bad situation that Sansang is facing now, and because of Su Yang's menacing approach, the five major consortiums have been very closely united during this period, so Li Zairong recruited each other, and they all rushed over immediately.

Compared with the previous gathering, this gathering is much more casual, not as strong as the last business atmosphere. But talking about things is not easy at all.

At the meeting, Lee Jae-yong hoped that each company could spend US$5 billion to acquire the shares of Samsang Group on the Korean stock market.

The four major chaebols each have 5 billion, which adds up to 20 billion US dollars. And Sansang will also issue an additional 20 billion US dollars of stocks in the Korean market.

In this way, the 15 shares held by Su Yang will be diluted to 12.5.

Of course, it is not unprofitable for the four big chaebols to do this. Li Zairong promised that after this matter is over, Sansang Group will repurchase this part of the stock at a premium of 10. It is also possible to acquire 5 billion US dollars of shares in each of the four major consortiums, so that several companies can join hands and hold shares in each other.

Li Zairong's plan moved the four major chaebols, and the other four chaebols signed intentional cooperation contracts with the Sansang Group after going back for a little research.

Of course, this intent contract has no legal effect and is only used as a backup.

Moreover, if Li Zairong wants to issue additional shares, he also needs to explain the situation to the major shareholders and go through the motions at the board of directors.

After all, this behavior of issuing additional shares, although diluting Su Yang's shares, also hurt the rights and interests of existing shareholders. Must obtain the consent of the majority of shareholders.

However, Li Zairong believes that with his reasonable persuasion, major shareholders will agree to this plan.

In the next few days, Lee Jae-yong started running around for the issuance of additional stocks in the Korean trading market.

At the same time, Su Yang came to the headquarters of Sansang Group again.

Arriving at the headquarters of the Sansang Group, Su Yang looked at the brightly lit building in front of him, and then his eyes were fixed. The chain of fate of the Sansang Group reappeared, like a vast galaxy running through the world.

This chain of destiny is solid in the past and present, but one end of the future is half illusory and half solid.

Su Yang held the last section of the condensed part, and checked what had just happened during this period.

Finally, he nodded silently, and then left the Sansang headquarters.

Two days later, Jiadian Group and Fujixun Group jointly announced that they would purchase approximately 3.7 shares of Sansang Electronics and Sansang Products held by all subsidiaries of Fujixun Group with a cash premium worth 20 billion yuan.

So this time, even though Jiadian Group did not raise a placard, the market knows that Jiadian Group is not far away from raising a placard next time.

And after signing the agreement with Fujixun Group, Brother Xiao Ma also made a special call to Su Yang and expressed his apology, saying that he was a little sorry for Su Yang: because the time was too short, the shares he purchased did not meet Su Yang's requirements .

Su Yang comforted him a few words, after all, letting Fujixun acquire 4 shares is an idealized thing in itself. The stock price changes every day, and the situation changes all the time. No one can count every step accurately. So it's normal to have a little setback.

What's more, Su Yang is actually not considered to have encountered a setback, because he has initially completed his plan.

In addition to the shares held by Fujixun, Su Yang already owns 19.2% of the shares of Sansang Group.

Moreover, the shares of all subsidiaries have more than 19%.

In addition, Hermes Fund took advantage of the fluctuation of Sansang Group's stock price and absorbed a lot of shares regardless of cost, owning almost 1.5 shares in its hands.

In a sense, Su Yang could actually raise his placard for the fourth time.

It's just that he didn't raise his sign in order not to irritate Sansang Gou jumping over the wall.

Because, what Su Yang has to do now is to drive Sansang to a dead end, but give it a glimmer of hope, let him... bury himself...

...

Sure enough, because Su Yang was getting more and more anxious, the Sansang Group was also a little panicked. In particular, the equity transfer agreement reached with Fujixun made it difficult for Sansang Group to figure out how many cards Su Yang had in his hands.

So while they lobbied Cheong Wa Pagoda and demanded targeted protection for Sansang Group, they also sent plans to major shareholders to issue additional shares in Korea.

For this plan, Li Zairong personally flew to the country of Magnesium, interviewed the presidents of several major banks and investment banks, and asked for their support.

After all, although this plan has lost a little profit, it no longer requires several major financial companies to pay for it. From some aspects, it is a good way to solve this matter.

However, what Li Zairong didn't expect was that the major banks holding the shares of Sansang Group were a bit ambiguous about this plan. He didn't express any obvious objection, but he didn't support it either. He only said that he would consider it. And I hope Lee Jae-yong will not be in a hurry.

Li Zairong didn't want to be in a hurry, but the matter was urgent now. If he didn't act, Su Yang would launch a general attack.

You must know that as long as you hold more than 30 shares of a listed company, you can be regarded as a controlling shareholder. It is possible to directly convene a general meeting of shareholders and re-elect the board of directors.

The general meeting of shareholders is different from the board of directors. The board of directors calculates the number of votes according to the number of seats. There are as many votes as there are people. When voting on matters, each vote is equivalent.

However, the general meeting of shareholders calculates the number of votes according to the proportion of shares. As long as shareholders holding more than 50 shares vote for the reorganization of the board of directors, the board of directors will be reorganized.

And if Su Yang has 30% of the shares in his hands, together with the Airrot Management Company that previously requested the reorganization of the Sansang board of directors and Sab, the largest pension fund in Europe, as long as he gets the support of a few more major shareholders, then it is very likely to exceed the half.

Therefore, 30 shares is the life and death line.

Su Yang must not break through!

Under such pressure, Li Zairong could only visit the CEO offices of several major banks and investment banks every three days. Although he didn't say it clearly, he also used actions to remind the other party to pass the plan as soon as possible.

But things did not develop as Li Zairong thought. After discussing for almost three days, several major banks finally rejected Lee Jae-yong's proposal for additional stock issuance.

Several major banks and investment banks believe that Samsang Group’s issuance of additional shares in the Korean stock market will dilute the shares of Samsang Group held by their own companies, which will reduce the contribution of Samsang Group to the performance of several major banks and dilute profits.

This is a plan that harms their own interests, and it is impossible for them to accept it.

Of course, they did not fail to give the conditions of agreement: they asked Sansang Group to use group funds to repurchase the shares of Sansang Group in Magnesium Stock, and then issue new shares in Korea.

In this way, there will be fewer shares of Sansang Group in the Magnesia stock market, and more shares of Sansang Group in the Koryo stock market. Damage to the interests of existing shareholders can be avoided.

But Li Zairong went crazy after getting replies from several major banks!

At this time, do you still care about a little profit loss? !

When Su Yang takes control of the Sansang Group, when the collective liquidation occurs, you will have nothing!

As for the plan to repurchase shares in the magnesium stock market first, and then issue additional shares in the Korean stock market, it is even more nonsense!

In all fairness, this plan is entirely feasible and logical.

But the problem is!

The situation is special now! How could Jiadian Group give itself time to repurchase first and then issue additional shares!

In particular, magnesium stock is Su Yang's main battleground. I don't know how much money has been deposited in it. How could Li Zairong snatch so many shares from him!

This is completely an impossible task!

But what Li Zairong didn't know was that long before he came to Magnesia, Zhao Licheng visited several big banks and investment banks with Su Yang's handwritten letters, and then had some secret talks...

:. :m.x

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