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Chapter 1003 Repurchase at Premium Price

Treating different people with different attitudes and methods is commonly known as watching people and making choices.

Xu Ang can use strong tactics against the small shareholders on the board of directors of Nihe Real Estate who try to speak against him, using a domineering style to make them either shut up or get out. However, when the target is changed to a large group in District 11 such as Sony and Toshiba, he cannot do this.

Of course, his attitude is different, and the other party's attitude in response is also different.

The small shareholders of Nihe Real Estate are wealthy and prestigious in the eyes of ordinary families, but they are a vulnerable group in front of Xu Ang. As the new major shareholder of Nihe Real Estate, Xu Ang can control them very well. However, large groups such as Sony and Toshiba will not be controlled by Xu Ang.

Looking at the message of the other party's acknowledgment, the rejection was too obvious. Xu Ang couldn't help but sigh: "I gave you a chance but you didn't use it."

As the intermediary liaison, Qingshan Gangtian didn't dare to show his anger.

At this time, he didn't want to attract Xu Ang's attention, what if he became the target of the other party's emotional vent.

The situation inside District 11 is different from that in China. Things like internal leaders’ mental censure of their subordinates often happen. In this regard, Goryeo is similar to them, and it is not known who among them learned from whom.

Throwing the useless receipt into the trash can, Xu Ang asked Qingshan Gangtian: "Is everything clear within the company?"

When asked, Aoyama Gangada stood up straight, lowered his head and replied: "All shareholders who do not agree with your plan have been convinced by me, and they are willing to let you take back the stocks in your hands at a premium of 40%. It's just that "

After hesitating for a moment, Qingshan Gangtian secretly glanced at Xu Ang's face and said: "With the shares you currently hold, if you repurchase all their shares, certain mechanisms may be triggered."

Xu Ang was originally the major shareholder. If he annexed the small shareholders on the board of directors - although not all, the people in District 11 of this era, especially the elderly people in District 11, have natural hostility towards the Chinese. and resistance, they will never allow themselves to be controlled by a Chinese.

Therefore, if Xu Ang initiates the share repurchase within the board of directors, more than 80% of the board members will sell their shares at a premium and realize high cash out.

As a listed company, shareholders' shares are limited. When a certain person owns a certain proportion of shares, it will initiate a compulsory buyback, allowing the shareholder to acquire shares at the highest stock price for a certain period of time. This time period varies slightly from country to country. Some are within three years, while others will extend the time to five years.

"It's not possible, it's definitely possible."

Xu Ang is sure.

He was sure and sure that if there was an opportunity to cash out at a high level, those shareholders on the board of directors of Nisho Real Estate would never let it go. As long as he agrees, not only those shareholders who oppose him, but also some shareholders who have remained silent before will also follow suit.

It has been two or three months since the financial turmoil broke out. Looking at the tragic situation in Siam, India, Malai, Singapore and other places next door, District 11 has been worried all day long, fearing that it would be his turn next.

The people of District 11, who have suffered from the harvest of the Western consortium, are more pessimistic about their own economy than Xu Ang, the Chinese nation.

Don't look at the fact that Nihe Real Estate is now showing signs of rising due to Xu Ang's taking over. In their view, it's all false. Once the 11th district is included in the attack scope of the sickle of capital, the stock market will collapse and an economic depression will follow. By then, everyone's worth will have shrunk greatly.

Instead of waiting to be harvested by Western consortium, it is better to sell the shares in hand while they are still valuable and let Xu Ang, a Chinese, be taken advantage of and take over. Whether they use the money from selling shares to find other investment channels or provide for retirement, they can stop worrying about it and don't have to worry about going bankrupt.

Aoyama Gangtian asked tentatively: "Are you sure you want to buy it back?"

"You are already scared out of your wits by Westerners."

It perfectly expresses his contempt for the people in District 11 who are afraid of Western capital, and his fearlessness that newborn calves are not afraid of tigers. Xu Ang waved his hand: "Don't hesitate, take in as much as you can. If they dare to sell, I dare to buy."

"But this will trigger"

Aoyama Gangtian was very anxious when he heard this. He didn't want to trigger the red line of compulsory buyback, otherwise the company would be forced to delist.

Xu Ang snapped his fingers, and Hendry came in carrying his briefcase.

Pointing at Hengdeli, Xu Ang said to Qingshan Gangtian: "This is Lawyer Hengdeli, a partner of Shengxin Law Firm in the United States. He and his team will answer your questions. Mr. Qingshan, don't panic. Calm down, I won't make such a stupid mistake."

Aoyama Gangtian saw Hendry and wondered: Is this American lawyer Chinese, Japanese or Korean?

You can't tell from his appearance, except that he is Asian.

"Hello, Lawyer Hendry, it's our first time meeting you. Please take care of me."

In terms of etiquette, District 11 does have something commendable, at least they can make people's first impression of them not bad.

But that's just the first impression.

He said "hmm" in response to Qingshan Gangtian. Hendry's reaction was in line with Lao Mi's attitude towards District 11, and it also made Qingshan Gangtian lower his head.

"Mr. Qingshan, right? Regarding the boss's repurchase of the shares of the directors of Nippon Real Estate, I and my team are responsible for the legal issues. The situation that triggers the mandatory share repurchase mechanism that you are worried about will not happen, because the repurchase of these It’s not my boss who owns the shares, but Ms. Fang Shuyingfang.”

"As for the shares repurchased under Ms. Fang's name, she will hand them over to the boss for holding. This is a holding agreement, and it only needs the signature of the boss for it to take effect.

. "

Hendry didn't waste time with Qingshan Gangtian and just picked up the important things.

After Qingshan Gangtian digested the information, Xu Ang said to him: "The current focus is on share repurchase. I need you to complete this matter as soon as possible. Hengdeli will assist you. Qingshan Jun, you should be able to do this." Is it done?"

"certainly."

Qingshan Gangtian knew what Xu Ang meant. It was simply because he had friendship with those shareholders and had prestige in the company, so he could complete this matter more conveniently.

If he can do well, Xu Ang will definitely reward him afterwards.

On the contrary, if he fails, the punishment will definitely fall on him.

In order to solve the problem, Qingshan Gangtian had to use the reputation he had accumulated over the years to lobby shareholders on the board of directors who were not willing to sell their shares to buy back as many shares as possible for Xu Ang.

"These people have been sitting on their laurels and eating the company's dividends for too long just because they have shares and are members of the board of directors. They have long become worms in the company, hindering the company's development and growth. It's okay to take this opportunity to clean them out. OK."

Qingshan Gangtian is doing psychological construction for himself.

Human beings will always look for a suitable reason for themselves before doing something, even if this reason is only suitable for him.

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