After hanging up Li Yang’s call, he imdiately called Liu Zhengxiong.
"President Liu, bad news, Li Yang said he’s about to acquire the shares from those minority shareholders in Green Water Group and plans to team up with the county governnt to veto the transaction."
Liu Zhengxiong asked, "What’s going on? Weren’t those minority shareholders’ shares under your control?"
"Yes, but that was before. I’ve lost contact with those people. President Liu, could you use your resources to help find out? If Li Yang can’t get those shares, I could breathe easier."
"Alright, President Wang, be patient. I’ll look into it."
...
Liu Zhengxiong was destined for disappointnt, as his inquiries nearly scared the life out of him.
The whole group was allegedly involved in murder?
Although it’s still in the trial phase, it’s pretty much a done deal.
If they want to survive, getting the families’ forgiveness is their only option.
What might they do to gain the families’ forgiveness?
Liu Zhengxiong knew Wang Junsheng was out of funds, and Bai Qing’s shares weren’t truly his yet, just under contract.
If they don’t acquire Bai Qing’s shares within three months, and Li Yang secures those Green Water Group shareholders’ shares plus the county governnt, they could even launch a counterattack to completely regain control.
Then, with overwhelming support, they could implent a capital increase, easily diluting Wang Junsheng’s shares.
Green Water Group, despite previous issues with a lousy chairman, inherently had proven profitability.
Now they must secure Bai Qing’s shares, and he had no choice but to lend money to Wang Junsheng.
He didn’t want to acquire them under Fuguang Group’s na, because Fuguang Group wasn’t solely his; he was only a major shareholder with close to 40% stake.
He wanted to acquire them under his na; whether selling at a high price to Fuguang Group or keeping them for future gains, both were good options.
But he didn’t have sufficient funds and needed partners.
Wang Junsheng was one of those partners, but the guy’s shares ca at a high price, requiring him to compensate with cash, and possibly purchase so high-priced shares from him in the secondary market.
As for the cheap shares in Bai Qing’s possession, he was determined to acquire them.
Borrow money if that’s what it takes!
He reviewed his funds — only a bit over two hundred million in cash; the previous two hundred million lent to Wang Junsheng was under Fuguang Group’s na and unrelated to him personally.
And he needed to put up five hundred million and agree to so of Wang Junsheng’s conditions.
Two hours later, Wang Junsheng sat with him.
Liu Zhengxiong said with a smile, "President Wang, after investigating, it’s likely Li Yang is just trying to scare us."
"That’s good, I feel relieved," Wang Junsheng replied.
Liu Zhengxiong changed his tone, "But we can’t rule out the possibility that he might indeed have so skills. After all, it’s not surprising he knows so big shots in Capital City. I think we should first secure Bai Qing’s shares, so our stake exceeds 55%, then whatever happens, we won’t be afraid."
Wang Junsheng showed a troubled expression, "President Liu, you know my situation now. If I don’t sell Green Water Group, I really can’t get any money."
"I’ll cover the cost for Bai Qing’s shares," Liu Zhengxiong offered.
"President Liu, please give so room to breathe, Bai Qing’s shares are practically free. The 33% shares I hold were all high-priced purchases. You get the at; I don’t even get the broth, and still need a beating?" Wang Junsheng pleaded.
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