Chapter 907: Advance into the abyss


After all, Sansong Group is a long-established company that deeply binds the economy of Korea. There are Huaer Street behind it, five chaebols standing beside it, and huge amounts of cash in its hands.
As for the Jiadian Group, apart from super sufficient cash reserves, there is nothing comparable.
Even if the three funerals are pressed, it is entirely possible for Gao Li to come forward and set up a three funerals bill like the popular bill to prohibit the three funerals from being acquired.
At this level of company, it is not just an economic problem. There are many political factors that have to be considered.
So...unless Su Yang manages Mr. Wen, manages China and Street, and manages the other big chaebols, otherwise this acquisition is almost impossible.
At the same time, many people in Goryeo were panicked because of Su Yang's reckless onslaught to acquire the Sansang Group.
Goryeo Cheongwatta, National President's Office. Mr. Wen was listening to the report of his staff.
Hearing the recent disputes between the Sansang Group and Su Yang reported by his staff, and the explosion of the Sansang Group, Mr. Wen frowned deeply.
Obviously, with his wit, he couldn't understand Su Yang's movements.
Why on earth did Su Yang dare to shoot at all costs?
Does he really believe that he will help him?
A person with a net worth of hundreds of billions would not be so naive, would he?
After thinking for a while, to no avail, Mr. Wen waved his hand to let the staff out, then he picked up the phone and called a familiar person.
The phone connected, and the man said hoarsely, "You can't understand the current situation?"
Mr. Wen said with an "um", "I really don't understand. What the is Su Yang doing?"
The man was silent for a while, "To be honest, I can't understand it anymore. I always think he still has something to do, but I don't know what it is."
The man finished speaking, paused, and asked, "Will you help him?"
Mr. Wen, who has always been calm, is rarely angry, "Help? How is it possible!"
"The n7 bombing of three funerals! What a perfect cut!"
"But just because he shot casually, now the situation is on the verge of breaking out, and I don't dare to take the issue."
Mr. Wen took a deep breath and said, "After all, I am more afraid of him as an outsider than Sanshou!"
"Although I want to bring down the three funerals, I don't want him to take over!"
"So, I will only wait for a while, watch the changes, and even help the three funerals when necessary."
Speaking of this, Mr. Wen laughed self-deprecatingly, "Fortunately, before I took office, I was determined to wipe out the Korean chaebols so that the people can live in a free country. As a result, I didn't expect to help the chaebols in reverse. "
The person on the phone also sighed, and then said, "Everything is impermanent. No one can tell."
"We will communicate more during this period, and I will tell you in time if there are new changes on my side."
Mr. Wen gave a "famous", "I have wronged you."
The person on the phone, "All for the country."
Mr. Wen said solemnly in a low voice, "Everything is for the country."
...
Sanmour Group headquarters, president's office. Li Zairong's face was no longer calm at this time.
The Jiadian Group is coming fiercely, and much faster than he thought.
I held 5 shares on the first day, 10 the next day, and now I have increased my holdings to 15 on the sixth day. At this speed, it won't take long before the Sansang Group will no longer be under its control.
Although he doesn't know what methods the Jiadian Group used, he has carefully studied Su Yang's information and knows that, except for the last setback in Goryeo, Su Yang's record so far is victorious in all battles.
No one can underestimate such a person, who is coming fiercely again.
So he must act.
Thinking about this, he picked up the phone and called the presidents of several major banks and investment banks on Wall Street again.
On the phone, Li Zai Rong once again explained the criticality of the current situation, and also explained that Su Yang may still hold other hidden shares, but it has not been announced yet. This is an illegal operation in the exchanges of various countries.
So he put forward two conditions.
The first is to ask China and Street to put pressure on the securities exchange centers of various countries to send a letter to the Jiadian Group to announce the details of the share acquisition and determine whether there is any illegal operation.
The second is to require Huaer Street to invest in the secondary market, which is the stock market to acquire the shares of Sansang, which puts pressure on the acquisition of Jiadian Group. It also prevents Jiadian Group from holding too many shares and affecting the group management.
After listening to Li Zairong's terms, several major banks and investment banks in China Street, which hold shares in Sansang, said they agreed in principle to the first term.
But the second condition is that the share price of Sansang Group is not low. Given the company's existing business, whether there is more interest in increasing the holdings of Sansang Group must be carefully studied, and it cannot be determined by scratching your head.
Moreover, even if they agree to increase their holdings, with the current market value of the three mourners, at least tens of billions of dollars will be required to end the market, this money will not be available in a short time.
Therefore, they must give Li Zairong a reply after confirming the plan at the meeting.
Hearing the answer from Wall Street, Li Jayong was disappointed and could only accept it.
But after hanging up the phone and thinking about it, he suddenly thought of a way.
So much money is really not easy to deploy in a short time.
But... it seems that I and Hyundai have the money.
If you can, can you ask the five major consortia for help and then buy the shares of your own group?
Su Yang’s battle against Sansang Group’s shares is mainly in Magnesium and Renton, so can he mainly issue additional shares in Korea and then dilute Su Yang’s shares?
With this idea in mind, Li Jairong once again invited the five major consortia for a small meeting.
Because of the terrible situation that the three funerals are now facing, and because of Su Yang's aggressiveness, the five major consortia have been very close during this time, so Li Zai Rong recruited, and they all rushed over immediately.
Compared to the last gathering, this gathering is much more casual, not as strong as the business atmosphere last time. But the things discussed are not easy at all.
At the meeting, Li Jae-yong hoped that each company could spend 5 billion U.S. dollars to buy shares of Sansang Group on the Korean stock market.
Each of the four major chaebols is 5 billion, which adds up to 20 billion US dollars. Sansang will also issue an additional US$20 billion in stocks on 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 chaebols to do this. Li Zai Rong promised that after this incident is over, Sanmour Group will repurchase these shares at a premium of 10%. It is also possible to acquire 5 billion U.S. dollars of shares in each of the four major consortia, allowing several companies to hold each other's shares.
Li Zai Rong's plan touched the four major chaebols, and the other four chaebols went back to study for a little while, and successively signed contracts of intent with the Sansang Group.
Of course, this kind of contract of intent has no legal effect, but serves as a backup.
Moreover, if Li Zai Rong wants to issue additional shares, he also needs to explain the situation to the major shareholders and make a cut-off on the board of directors.
After all, this act of issuing additional shares, although diluted the shares in Su Yang's hands, also hurt the rights and interests of existing shareholders. Must obtain the consent of most shareholders.
However, Li Zairong believes that under his reasonable persuasion, the major shareholders will agree to this plan.
In the next few days, Lee Jae-yong started to rush for the issuance of additional stocks on the Korea Exchange.
At the same time, Su Yang once again came to the headquarters of Sanmour Group.
When he arrived at the headquarters of the Sansong Group, Su Yang looked at the brightly lit building in front of him, and then his eyes condensed. The chains of fate of the Sansong Group appeared again, like a vast Milky Way running through the world.
This chain of fate was solid in the past and now, but at one end of the future it is half illusory and half solid.
Su Yang held the last paragraph of the condensed part, and then checked what had just happened during this period.
Finally, he nodded silently, and then left the Sanmour headquarters.
Two days later, Jiadian Group and Tengxun Group jointly announced that they would use a cash premium of RMB 20 billion to purchase approximately 3.7 shares of Sansang Electronics and Sansang Property held by all subsidiaries of the Tengxun Group.
So this time, even if the Jiadian Group did not raise the placard, it is known in the market that the Jiadian Group is not far from the next placard.
After signing the agreement with Fujisun Group, Xiao Ma also specifically called Su Yang and apologized, saying that he was a little sorry for Su Yang: Because the time was too short, the shares he acquired did not meet Su Yang's requirements. .
Su Yang relieved him a few words, after all, letting Fujisun acquire 4 shares is an ideal thing in itself. The stock price changes day by day, and the situation is changing all the time. No one can count every step accurately. So there is a small setback, which is normal.
What's more, Su Yang is not actually a setback, because he has initially completed his plan.
In addition to the shares in Fujisun's hands, Su Yang already owns 19.2 shares of Sansong Group.
And all the shares of all subsidiaries have more than 19 shares.
In addition, the Hermes Fund took advantage of the volatility of the Sansong Group's stock price and absorbed a lot of shares regardless of cost, with 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 hurriedly jumped over the wall in order not to stimulate the three mourning dogs, so he didn't raise the sign.
Because, what Su Yang has to do now is to drive the three mournings to a dead end, but give it a glimmer of hope, let it personally...bury itself...
...
Sure enough, because Su Yang was pressing more and more urgently, the Sanmour Group was also a little panicked. In particular, the equity transfer agreement reached with Fujisun made it impossible for Sansong Group to figure out how many cards Su Yang held.
Therefore, they lobbied Qingwata and demanded targeted protection of the Sansong Group, while at the same time they sent plans to major shareholders to issue additional shares in Korea.
For this plan, Li Zai Rong personally flew to Magnesium, interviewed the presidents of several major banks and investment banks, and asked for their support.
After all, although this plan has lost a bit of profit, it no longer requires several major financial companies to pay. In some respects, it is a good way to solve this problem.
However, what Li Zairong didn't expect was that the major banks holding shares of Sansong Group were a bit ambiguous about this plan. No obvious opposition was expressed, but there was no support either, only that it should be considered. And I hope Li Zairong will not worry.
Li Jae Rong didn't want to worry, but things were urgent now. If he didn't act again, 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 count as a controlling shareholder. You can directly convene a general meeting of shareholders to 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 based on seats. There are a few votes for a few people. When voting on matters, each vote is equal.
But the general meeting of shareholders is based on the proportion of shares to calculate the number of votes. As long as shareholders with 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 shares in his hands, plus Airot Management, which previously required the reorganization of the three funerals’ board of directors, and Europe’s largest pension fund sab, as long as they get the support of a few more major shareholders, it is very likely to exceed half.
Therefore, 30 shares are the line of life and death.
Must not be broken by Su Yang!
Under this pressure, Li Zairong could only go to the president's office of several major banks and investment banks as a guest. 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 Li Zai Rong's proposal to issue additional shares.
Several major banks and investment banks believe that the Sansang Group's additional shares in the Korean stock market will dilute the shares of the Sansang Group held by their company, and it will reduce the Sansang Group's contribution to the performance of the major banks and dilute profits.
This is a plan that harms their own interests, and they cannot accept it.
Of course, it is not that they did not give the conditions of agreement: they asked Sansong Group to use group funds to repurchase the shares of Sansong Group in magnesium shares, and then issue new shares in Korea.
As a result, there are fewer shares of Sansong Group on the Magnesium stock market, and more shares of Sansang Group on the Korean stock market. The total amount remains unchanged, which can prevent Su Yang from further grabbing shares of Sansang Group in magnesium stocks, and also It can avoid harming the interests of existing shareholders.
But Li Zai Rong went crazy after getting answers from several major banks!
At this time, still care about a little loss of profit? !
When Su Yang enters the Three Funeral Group, when the time comes for collective liquidation, you will have nothing!
As for the plan to repurchase shares in magnesium stocks first, UU Reading www.uukanshu.com and then issuing additional shares in the Korean stock market is even more nonsense!
In all fairness, this plan is completely feasible and logical.
But the problem is!
The situation is special now! How can Jiadian Group give itself time to repurchase first and then issue more!
Especially magnesium stocks are Su Yang's main battlefield. I don't know how much money has been deposited in it. How could Li Jae Rong so many shares from him!
This is an impossible task!
But what Li Zairong didn't know was that before he came to Magnesium, Zhao Licheng visited several major banks and investment banks with Su Yang's autograph, and then had a secret conversation...
:. : M.x
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