The penniless son of the penniless ...

Chapter 235 High-profile KB Bank

Chapter 235 High-profile KB Bank
"President...how about we contact the top executives at Galaxy Group and ask them to acquire our company as well?" the assistant at the side asked tentatively. If they could join a large and powerful enterprise like Galaxy Group, it would definitely be a great thing for their YG Entertainment!

Nowadays, without a big backer to help these small entertainment companies to shelter from the wind and rain and open up channels, it is too unfeasible for them to fight alone. The executives of those TV stations and big companies don't like these entertainment companies at all. Even if they kowtow and bow, they may not be able to get any resources from them.

……

Hearing the assistant who had been with him for several years say the same thing, Liang Xuanxi sighed helplessly. If he had directly agreed to Zhang Junfeng's acquisition, wouldn't there be nothing wrong? Now they are asking others to acquire their own entertainment company. Will the other party agree?

Although he was a little hesitant, when he thought about the Galaxy Group and Comet Capital, which were now at their peak, he felt that it would not be a loss for them to give it a try. And if it really worked, then good days for their YG Entertainment would be here!

After some consideration, Liang Xuanxi finally decided to let his subordinates contact Galaxy Group to try their luck and see if they still had the intention to acquire the entertainment company.

……

As the news reports from Hong Kong spread further, even in Goryeo, news of KB Bank's overseas "feats" spread.

Especially the senior figures in the financial and political circles were shocked by the bold operation and generosity of KB Bank. How could they come up with so much money at this time? Where did KB Bank get the courage and funds to do such a thing? !
According to the gossip coming back from Hong Kong, the amount of funds cashed out by KB Bank at the International Futures Exchange will definitely not be less than 20 billion US dollars!
Many big companies and politicians soon realized the key point: Isn't the major shareholder of KB Bank Zhang Junfeng, the Comet Capital that they thought was running out of money and could no longer be so arrogant?!

Especially after Xin Dongzhu, who had managed to secure the management rights of two subsidiaries, got the news, his face was particularly ugly. He thought that Zhang Junfeng, the abominable guy, would stop making trouble when he ran out of money, but now the sudden news made him feel uneasy!
If a large part of the money that KB Bank uses to go long on the Hang Seng Index comes from Comet Capital, then Yuetian Group will be in big trouble!

They have been in contact with Hanjin Group during this period, hoping to take back 4.65% of Yuetian Shopping Company's shares from them, and then take back the management rights of the company in one fell swoop!

If that terrible situation comes true, Comet Capital will launch another acquisition and take over the shares held by those shareholders at a premium. How will Yuetian Group respond? In terms of financial strength, they are no match for the other party!

……

"...Mr. Xin, why don't we ask the chairman for instructions? You have done this to the extent that you have secured the operating rights of the two subsidiaries for the group, which is already quite difficult." The assistant to the chairman left by Xin Gehao looked at the troubled Xin Dongzhu and couldn't help but remind him. In his opinion, the mess made by the former vice chairman of the group, Xin Dongbing, almost ruined Yuetian Group. This Zhang Junfeng is obviously a ruthless character with a strong desire for revenge. If the conflict between the two sides cannot be resolved fundamentally, I am afraid that the other party will not give up!
Hearing what the other party said, Xin Dongzhu thought for a moment and nodded reluctantly to agree. He had originally imagined that he could be like a savior, turning the tide to help Yuetian Group to keep these subsidiaries, and then relying on his great contributions to completely seize the power of Yuetian Group in Korea.

Now that he thinks about it, he was too naive and underestimated other people's abilities!

……

Inside the spacious and bright conference room in the building where Comet Capital is located.

Zhang Junfeng looked at Li Shili, one of the assistants of Mr. Daejong from the Blue House, with a playful look on his face. Although he knew that Xing Gehao of Yuetian Group had won over many people in the political circle, he never expected that this old fox could win over such a special official. His ability was far more powerful than he imagined!
"Assistant Li, if you are here just to lobby for Yuetian Group, then there doesn't seem to be much for us to discuss. I'm sure you are well aware of the conflict between me and Xin Dongbing, the vice president of Yuetian Group. There's no need for me to explain it any further."

Zhang Junfeng had a smile on his face, but his tone did not show any intention of backing down. Since that bastard Xin Dongbing dared to offer a bounty to hire a killer overseas to snipe him, it was no wonder that he had to strike back at that bastard with all his might!
Hearing Zhang Junfeng say this, Li Shili did not show any sign of anger. Instead, he smiled and said to Zhang Junfeng, "Mr. Zhang, please do not misunderstand me. Although I have some friendship with Chairman Xin of Yuetian Group, the relationship between the two parties is just to provide some help to each other~!"

"I visited him this time to take this opportunity to convey a few words on behalf of President Xin. The previous incident was indeed a problem on the part of Yuetian Group. President Xin is willing to give Mr. Zhang a satisfactory answer and a certain amount of compensation."

"If Mr. Zhang is willing, the shares and management rights of Yuetian Shopping, Yuetian Capital and Yuetian Seven Star Beverage under Yuetian Group can be transferred to Mr. Zhang. This can be regarded as Chairman Xin's sincerity in hoping for a settlement..."

"Oh? Xingehao is so willing to give up the three subsidiaries of the group at once?" Zhang Junfeng was quite surprised. He didn't expect that this old fox would have such courage. It seems that he had underestimated this old guy before!
"Mr. Zhang, you are joking. With the huge capital flow from KB Bank, it shouldn't be difficult for Mr. Zhang to take over the entire Yuetian Group! There is an old saying in the neighboring Long Country that is quite philosophical, 'It is better to resolve a feud than to create one'. What do you think, Mr. Zhang?"

"Assistant Li is quite knowledgeable and has dabbled in the knowledge of Longguo. I admire him very much!" When Zhang Junfeng heard what the other party said, his eyes quickly turned cold and his tone became much lower.

It seems that the reason why Xing Gehao suddenly changed his attitude and wanted to negotiate was that he heard the news. The big move of KB Bank may have "scared" some people!
(End of this chapter)

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