Rebirth of the Hong Kong Tycoon

Chapter 488 136: Explanation Session

Chapter 488 Chapter 136: Explanation Session (Happy New Year Chapter!)

(Happy new year everyone, this year has passed so fast, I haven't coughed very much recently, and there is no blood in my sputum!)
(Thanks for the support of the big guy who gave up his life, thank you for having you!)

"We need an explanation!"

"A good bank, why did it suddenly become like this?"

"."

Lin Huaile leaned on his chin and yawned boredly. The denunciation conference went on from morning to afternoon, which was very boring.

Guo Fengxiong sat on the stage, accepting questions from investors big and small, asking him to explain why the bank suddenly faced such a big crisis.

According to the rules of the stock market, as long as you buy stocks on the exchange, you are a member of the company's shareholders.

However, a certain amount of shareholding is required to become a member of this group of noise.

Guo Fengxiong, who was sitting on the rostrum, saw Lin Huaile's impatience very early on, which caused an unknown fire in his heart.

Especially the big shots around him, the charter king, Sha Dantong, and Zhang Hengdi, the head of the investment department of HSBC.

These vultures, smelling the smell, rushed to the feast site, ready to give birth to a full meal.

The reason why I suffer here is because of this group of despicable people who do nothing.

But I have no regrets, since I have already lost, there is no possibility of regretting it.

Guo Fengxiong sighed in his heart, and resignedly opened the folder in his hand, then clapped his hands, and said to the still angry investor in his seat: "Everyone, be quiet."

"I know that everyone is quite excited now. There are indeed some problems within Wing On Bank."

"In order to strengthen internal management, the board of directors has decided to officially join the Central Agreement and become a member of it!".

Bad news came one after another, and the venue became noisy again. Investors, big and small, were whispering and exchanging opinions.

"It's so lively!"

Sha Dantong tapped his ears with his little finger, and said to the charter king beside him.

The charter king immediately understood the meaning of Sha Dantong's words, took out a napkin, put it in front of his mouth, and pretended to cough, but actually replied softly: "The more people, the more ideas."

"My two sons-in-law, who have always wanted to privatize World Shipping, think that the board is too crowded."

"Business strategies are not discussed, but implemented!".

Lin Huaile sat on Sha Dantong's left, and naturally heard the conversation between the two about the future.

Going public has the advantages of going public, cashing out and sharing risks. After all, there are countless fools who want to get rich overnight. It is better to get it yourself if it is cheaper than others.

But in other words, there are many benefits of privatization. There is no need to falsify financial reports, you can lay off employees at will, the implementation is more flexible, and you don't have to worry about the pressure of public opinion.

Anyway, apart from Polaris and Fengrun Insurance, Lin Huaile will not let any company under his name be listed on the Xiangjiang Exchange.

"It's a good idea, and it's worth studying."

King Jin didn't preside over the division of the family before his death, but distributed the company's equity to his nephews according to their daily contributions.

Originally, he wanted to make a fortune together, but these people have become an obstacle for Sha Dantong. Whenever he wants to implement a new business investment, these descendants of the Zhou family will always stand up and oppose it.

Opposing for the sake of opposing, has been giving him trouble.

But he swore that he would not kick these useless guys out of the game within 30 years, and he still needed sincerity to treat the gods.

The charter king heard Sha Dantong muttering to himself, knowing that there was no need to answer, so he continued watching the show.

"Chairman Guo, the stock of Wing On Bank has fallen by at least points, and the stock interest discount promised last year seems to have come to naught."

"Wing On Bank, or how the Guo family plans to subsidize the shareholders here."

The small shareholders discussed for a long time, and finally elected a representative to explain the issues that everyone cares about.

The prosperity of the world is all for profit, and the hustle and bustle of the world is for profit. To put it bluntly, everyone invests in Wing On Bank for stable income, or for money.

After struggling for almost a day, I finally came to the topic.

Guo Fengxiong really didn't want to come up with the reorganization plan. As long as the plan is passed, the Guo family will completely lose the management right of Yongan Bank, although it will still be the largest shareholder.

"I have a reorganization plan in my hand. The credit department and risk control review department of Wing On Bank will all lay off staff."

"As for the compensation you are talking about, it is also stated in the plan."

"HSBC Bank, Hengfeng Bank, Lin's Foundation, Bao's Financial Investment Company, and He's Company will invest in the acquisition, eight yuan a share, to reduce everyone's losses."

"If everyone agrees, sign the document and sell the shares in your hand."

"This price is very fair. It is compared with the price when the market opened a month ago, and there is still extra profit!"

Guo Fengxiong glanced at the staff at the side and motioned them to distribute the documents to the small shareholders present.

Minority shareholders are not deaf or blind. They have long heard that Wing On Bank has made big moves recently.

Besides, Xiangjiang is such a big place, at a glance, they are all relatives and friends, and there will be more or less news channels.

But knowing is knowing, the specific content is still unclear, hearing is believing, seeing is believing, I haven't seen the final text, and knowing it is useless, after all, I haven't seen the real guy.

This is all right, finally see the real chapter.

The entire venue was filled with the sound of flipping books. This group of millionaires, who started out worth millions, were all attentively looking at the documents in their hands.

Lin Huaile also had a copy, and gave it directly to Zhang Wentian behind him, asking him to check if there were any traps in it.

Zhang Wentian took out his glasses and looked at them seriously.

After watching for about forty minutes, someone finally asked Guo Fengxiong on the rostrum: "Guo Sheng, is the stock trading a self-selected buyer? Or a centralized sale?".

Hearing someone's question, Guo Fengxiong first cleared his throat, glanced at the last row, and said indifferently: "We will make a unified purchase."

"However, I don't object to you finding a buyer with a higher price. If you have already found a buyer, you can trade by yourself."

"But I think it seems that no one in Xiangjiang will buy the shares in everyone's hands at a price of yuan."

"Do you have any questions?"

The small shareholders in the audience stood up one after another and began to ask everything they wanted to know, and the scene became lively again.

In a commercial society, contracts are very important. Without lawyers who know the basics, no one will sign a contract.

This shareholder meeting is just to explain the situation, and there is still some time before the shareholders sign the documents.

After seeing off the last minority shareholder, Guo Fengxiong pulled a chair wearily and sat on it, wanting to take a breather.

"It's really hard!"

Lin Huaile took a bottle of unopened mineral water and came to Guo Fengxiong's side. Looking at the people who were leaving outside the window, he sighed.

 Happy New Year everyone!
  
 
(End of this chapter)

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