Reborn in 2014: A One-Man Tycoon
Chapter 480 Now that we've finished discussing the important matters, let's talk about wha
Fifth Master's trip to the United States this time was quite fruitful.
He produced dozens of share transfer agreements.
Goldman Sachs is a very large corporation, so it has a lot of shareholders.
Many individuals or institutions holding 1% to 3% of Goldman Sachs' shares are considered major shareholders.
The majority of them are only a few tenths of a percent of the shares.
Even if it's only 0.1%, it's still worth over 10 billion US dollars.
That's equivalent to 700 billion RMB.
The annual dividends are also over 100 million.
Many individuals or families can live very comfortably simply by receiving dividends from Goldman Sachs.
The total number of shares transferred under these share transfer agreements held by Fifth Master has reached 50% of the total shares.
This is already absolute control.
Another 30% are tradable shares.
Of the remaining 20 percent of shares, 8 percent belong to the Goldman family.
7 percent belongs to the Shengkes family, and the remaining 5 percent belongs to BlackRock.
Fifth Master also tried to communicate with the chairman of BlackRock Group.
However, BlackRock's chairman can only be considered a puppet.
His real backers are the Rothschild family.
Therefore, he needed to report to the Rothschild family before he could give Fifth Master a reply.
Fifth Master was waiting for a reply from the BlackRock Group, which is why he was delayed by an extra day.
However, BlackRock has yet to provide a clear answer.
Fifth Master's health wouldn't allow it, so he had to come back first.
Moreover, with this 50% stake in hand, whether BlackRock agrees or not is no longer so important.
"Great! They're all stamped, but why is the holder's section still empty?"
Meng Chuan glanced at the equity agreement in his hand and exclaimed in shock.
"All the formalities have been completed and the approval has been granted. You just need to sign your name and take it over for the change of registration to take effect."
Fifth Master said.
"This works? The approval process is complete even before the holder has signed?"
Meng Chuan asked in surprise.
This is truly the case of getting on the bus first and buying a ticket later.
It turns out that the US market is also a society based on personal connections.
"What's the big deal? Many of these shares are held by politicians in the US Congress. They're willing to give me their shares, so why wouldn't they give me face and stamp my approval beforehand?"
Fifth Master said proudly.
He still has a lot of influence in the United States.
Whether it's organizations, conglomerates, or government officials.
As soon as Fifth Master said he was willing to provide them with shelter, they all scurried about eagerly, as if they had gotten a great deal.
"Yes, yes, you're old, you have... cough cough, you're awesome!"
Meng Chuan habitually wanted to retort to Fifth Master.
However, considering Fifth Master's current physical condition, Meng Chuan quickly changed his mind.
If we were to actually anger Fifth Master to death, the consequences would be dire.
"My mission is complete. What are your next steps?"
Fifth Master rolled his eyes at Meng Chuan.
That kid's mouth is like a dog that can't stop eating shit.
Fortunately, he knew to pull back from the brink.
"First, we'll take care of those foreign investors who want to take advantage of my weakness. Then we'll talk to BlackRock about the shares in Asma."
Meng Chuan said matter-of-factly:
"If you don't agree, then I'll just dissolve Goldman Sachs."
Goldman Sachs has a market capitalization of $10 trillion, so a 5% stake is equivalent to $500 billion.
Asma is valued at only around $3000 billion.
Although BlackRock is the largest shareholder of ASML, its equity stake is only worth a little over 100 billion.
Meng Chuan believed that as long as BlackRock wasn't stupid, they would know how to make the right choice.
Otherwise, Meng Chuan could have caused him even greater losses.
"Dissolve the company? Such a big company, you... are willing to dissolve it?"
Prince Fu was startled and looked at Meng Chuan in disbelief.
That's worth ten trillion dollars!
If this were actually converted into money, I can't even imagine how high it would be.
"What's there to be reluctant about? We can just dissolve the company and start a new one."
Meng Chuan shrugged and said.
This is the most ruthless way to play.
Of course, most companies can't handle this.
Unless the major shareholder has absolute control and all shareholders vote according to a certain percentage of the votes, the company cannot be dissolved.
But now Fifth Master has taken back all the shares.
Goldman Sachs' current shareholders are only Meng Chuan, the Goldman family, the Shengkes family, and BlackRock.
As long as Meng Chuan gets his hands on the shares held by the Goman family and the Shengkesi family.
The company's original shareholders were only Meng Chuan and BlackRock.
Moreover, Meng Chuan will be able to hold more than 65% of the shares by then.
Apart from the 30% of circulating shares, Meng Chuan could force the company to dissolve with an absolute advantage.
Once the company is dissolved, BlackRock's 5% stake will become worthless.
If Goldman Sachs were to change its name and continue its IPO, Meng Chuan would have 100% control.
"Can you still play like this?"
Prince Fu was shocked.
He really knows nothing about business.
But what Meng Chuan said sounded impressive but unclear.
"The business world is like a battlefield. Only someone as cunning as him could pull off such insidious tactics. It's beyond the comprehension of honest people like us."
Fifth Master smiled at Prince Fu.
"Fifth Master, you...you can't insult people like that. I'm just doing this for the public good, it's normal business practice. How come you're so malicious?"
Meng Chuan said angrily.
If it weren't for Fifth Master's current physical condition...
Meng Chuan could not possibly have suffered a loss in a verbal exchange.
"Alright, alright, you're so selfless, I was just being petty, okay?"
Fifth Master surprisingly refrained from further mocking Meng Chuan.
His tone then changed, and he said calmly:
"Now that we've finished discussing the important matters, let's talk about my funeral arrangements."
Both Meng Chuan and Prince Fu paused.
"Fifth Master, what are you saying? That's very unlucky!"
Meng Chuan wanted to persuade Fifth Master, but Fifth Master stopped him, saying:
"Everyone has to die, and I have a feeling that day is coming soon."
Fifth Master said:
"We were originally going to hold a grand banquet to celebrate your coronation as the young master, and invite many of our peers. However, given the current stock market crash, it's not appropriate to reveal your identity yet, so we have to cancel the banquet."
Fifth Master said, looking at Meng Chuan with some apology.
Revealing Meng Chuan's identity now would be detrimental to his movements within China.
As a gang leader, he's bound to be under close scrutiny.
Secondly, Meng Chuan wanted to take advantage of the stock market crash to make a huge profit off foreign capital.
Therefore, the young master's identity cannot be revealed.
Otherwise, Meng Chuan's plan would be difficult to implement.
"Furthermore, it's not advisable to announce my death before your identity is revealed. Otherwise, this stack of share transfer agreements in your hands will become worthless."
Fifth Master said to Meng Chuan meaningfully:
"Therefore, my funeral should not be held. Everything should be kept simple, and it should not even be announced within the Green Gang."
Before Meng Chuan could speak, Prince Fu became anxious:
"Fifth Master, how can this be? If none of the brothers in the gang know, then... how am I supposed to explain this to them?"
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