620: Chapter 621: Will I Be Short of Funds?_1 620: Chapter 621: Will I Be Short of Funds?_1 “Understood!”
Lin ng nodded, “However, Hai Corporation still holds a fifty percent stake of March Group, as well as so shares from two other first-class families.
Is what we’re doing really okay?”
“Of course, there’s no problem.
It’s clearly stated in the contract.
They hold shares, which ans they only have the right to dividends, not managent rights.
In other words, as long as we pay them their dividends regularly, they can’t say anything.
Of course, it’s quite annoying.
Don’t worry, I will find a way to get the other shares back.”
Xiao Chen said indifferently.
“Mr.
Xiao, leave this matter to .”
The representative of Xiao Corporation spoke.
“Right, with Xiao Corporation around, aside from March Group, the other two will definitely hand over their shares obediently.”
Xiao Chen had actually forgotten this point.
Inside the eting room.
A man wearing silver-frad glasses said to a dejected Li Shenshi, “Don’t worry, this is just a small matter.
You will be alright soon.
But you need to tell , who exactly is the other party?”
“Don’t know them, but they carry quite an air.”
Li Shenshi said, “It might be related to Xinng Group because I saw that he has a close relationship with Lin ng from Xinng Group!”
“Hmm, Xinng Group, huh?
Eventually, they have to co north, too.”
Pei Yongjun said coldly, “This ti it was my negligence.
I didn’t expect that they would guard Hai Family’s people so tightly, not even a signature is possible.
Alright, it’s not that big of a deal.
Don’t we still hold fifty percent of the shares in Hai Corporation, even though it’s stated we won’t participate in managent?
But that was when Hai Family was in charge.
Now that Hai Corporation has changed hands, we can’t ignore it anymore.
Assuming control over Hai Corporation ans there’s no problem?
As far as I know, Xiao Corporation is currently facing a siege from enterprises like Langpu Group.
They simply don’t have the surplus funds to deal with Blue Sea’s business.
So, let’s just sell off all our stock directly.
Xinng Group and Lin Group won’t be able to swallow it up, and in the end, Hai Corporation will have to shut down.
I’ll let them take over a ss!”
“Pei Yongjun, you are truly brilliant!”
Pei Yongjun is the seventh Young Master of March Group.
The CEO of March Group has seven sons and three daughters, a truly prosperous family.
The most enviable part is that all seven sons and three daughters are formidable, playing a significant role in important positions within March Group.
Pei Yongjun is the Chinese representative of March Group.
One could say he holds a high position and wields great power.
Moreover, his capabilities are indeed strong.
Li Shenshi has always admired him.
“This is just the beginning.
Next, Lin ng and Jiang ng from Xinng Group, Lin Ying from Lin Group, will end up just like those past bosses, leaving behind a suicide note and bidding the world farewell!”
A trace of ruthlessness flashed in Pei Yongjun’s eyes.
March Group’s growth to this day isn’t just due to business strategies; they have also employed so unconventional thods.
Those cold corpses that fell from buildings or drowned in rivers were their masterpieces.
Li Shenshi laughed a little.
He believed in Pei Yongjun, because no matter whether it was a man or a woman, no one targeted by Pei Yongjun ever ended well.
Not a single person has ever escaped from the palm of this Young Master Pei.
“By the way, I need to return to my country for a while to deal with so tricky issues.
You discuss and handle the situaion here with Duan De from the Duan Family.
Duan De has now pledged allegiance to us.
Many of March Group’s businesses can be entrusted to him to manage.
There’s plenty of money for us all to make,” Pei Yongjun said with a smile.
“Understood!”
Li Shenshi nodded his head.
A day later, Li Shenshi was released due to insufficient evidence, with a scapegoat bearing all responsibility.
Of course, Li Shenshi’s return to Hai Corporation was impossible.
He temporarily returned to March Group and beca Pei Yongjun’s secretary.
This secretary held great power, at least in the March Group’s Dragon Country branch, where they definitely had more say than the general manager.
After Li Shenshi was released, sudden changes stord the stock market.
Soone was selling off Hai Corporation’s stocks in huge volus.
This caused Hai Corporation’s stock prices to wildly plumt.
There was no circuit breaker chanism in Dragon Country’s stock market— a fall ant a nosedive to death.
Watching the stock prices plumt wildly, a large number of people followed suit and sold off their shares.
Lin Ying’s brow was tightly furrowed.
By now, their three companies had jointly acquired fifty percent of Hai Corporation’s shares.
Moreover, if Hai Corporation went bankrupt, the people responsible would be their three companies.
March Group would only miss out on dividends, they weren’t managing, and they wouldn’t need to take responsibility.
“If it keeps falling like this, it might even affect Lin Group’s stock price.”
Lin Group was listed in Tianhai City and had now acquired Hai Corporation’s mobile business.
If Hai Corporation’s stock price hit rock bottom, they would truly be in trouble.
“What’s there to panic about?
However much they sell, we’ll buy that much.
Besides, isn’t March Group looking to sell off that fifty percent share?
Now that the stock price is so cheap, it’s the perfect ti to buy it.”
Xiao Chen said with a light smile.
“But money is a big problem,”
Lin Ying said with a wry smile, “Our Lin Group doesn’t have any spare funds.”
“Xinng Group doesn’t have any either,”
Lin ng shook her head, “I asked our chairman, and right now all the funds are tied up in the developnt and production of new drugs; we can’t take them out.”
“Xiao Corporation might also find it difficult, with the top ten international groups attacking Xiao Corporation, we are also in a tight spot,”
said the representative from Xiao Corporation.
“As long as it’s a problem that money can solve, it’s not really a problem.
You don’t have money, but I do.
I’ll use my personal funds to buy it.
The shares we buy back will be divided equally among our three companies,”
Xiao Chen said calmly.
Apart from Lin Group, the other two companies were effectively his; this was also his way of giving Lin Ying a helping hand, one could say he was repaying a favor.
“Where did you get so much money?”
Lin Ying was imdiately stunned.
“Don’t ask too much about it, suffice it to say I have plenty of money, money I can’t even spend all!”
Xiao Chen said with a smile.
He directly took out a card and gave it to Lin ng, leaving the matter in her hands.
Three days later, Hai Corporation’s stocks, which had bottod out, suddenly skyrocketed.
Soone was buying them up in large quantities.
Not only that, but the major news outlets were flooded with stories about Xiao Corporation, Xinng Group, and Lin Group jointly acquiring Hai Corporation.
Hai Corporation was renad United Group, jointly controlled by the three companies, with Lin Group in charge of the operations.
Xiao Corporation was busy.
Xinng Group was busy too.
So, naturally, the heavy responsibility fell on Lin Ying.
People had a very good impression of Xiao Corporation and Xinng Group and began buying United Group’s stocks upon hearing the news.
The change from a steep fall to a sharp rise didn’t actually take much ti.
Most importantly, by this ti, the shares in United Group were fully owned by the three companies, without a piece for March Group or a share for the Duan Family.
“Scoundrels!”
Duan De gritted his teeth in frustration, “We’ve been played!”
“Indeed, we didn’t expect that the other side would have such strong financial capabilities, I’m sure Xiao Corporation helped them.
Let it be, we can’t afford to provoke Xiao Corporation; let’s focus on Lin Ying and Lin ng.
If we can handle these two won, the so-called United Group will still be ours in the future,”
Li Shenshi said through clenched teeth.
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