At The Beginning, Sell Off Your Property And Short-Sell The Parallel World.
Chapter 6 Chaebol Nam Yoo’S Decision
"President Jones, welcome to our group."
Facing Nan Ruzhen's extended hand, Jones, the vice president of Citibank, gave him a cold look.
Jones would naturally not look down upon an old dog that was wagging its tail and begging for mercy.
Nan Ruzhen raised her hand awkwardly in the air, neither retracting it nor extending it.
It was Daehan's deputy finance minister who hurriedly stretched out his hand and shook it with Nan Ruzhen.
"President Ruzhen, Mr. Jones is busy with work, so let's keep the story short."
The humiliated Nan Ruzhen still said with a smile on her face:
"Of course, of course, let's take a seat and let the presidents talk about the financial status of these companies."
Jones, who put his feet up on the table, smiled contemptuously:
"That's not necessary, we know your financial situation very well."
The meaning is obvious. We have been staring at you for more than a day or two. We know the color of your underwear very well.
Hearing this, Nan Ruzhen's first reaction was that there was a commercial spy under his command.
He suddenly felt despair, and all the trump cards were in the hands of others.
Now the entire Huiri Radio Station and its subsidiaries are lambs to be slaughtered by the US emperor.
It was a bit scary to see Nan Ru really pale.
Jones laughed secretly in his heart. It felt so good to control other people's life and death.
He is not afraid that Nan Ru will really fall out, and there will be many people begging to lick his shoes.
People applying for the takeover have lined up at the company's offices.
So he directly shattered Nan Ruzhen's last illusion and said:
"200 million US dollars, in exchange for 70% of your shares in Huiri Radio!"
"What $200 million?"
The president of Huiri Radio couldn't sit still, and a sense of humiliation rushed directly to his forehead. The radio station he had worked for half his life was only worth 200 million US dollars?
Huiri Radio, one of the top five radio stations in Kimchi Country, is worth less than US$300 million.
Everyone was filled with indignation and looked at the president who had the power to make the decision.
Hearing this, Nan Ruzhen sneered in her heart. This is simply robbery. LZ Entertainment, a subsidiary of Huiri Radio, is valued at US$100 million. This is not robbery.
He knew the Yankees weren't kidding.
He single-handedly planned the entire process from divestment to short selling, turning all large companies into puppets that they can manipulate at will.
Several presidents could feel that Nan Ru was really like an angry tiger at this time and might explode at any time.
"President Nan, do you think there's anything wrong with this price?" Jones smiled jokingly.
But to the surprise of everyone present, Nan Ruzhen quickly regained her composure and smiled stiffly:
"I will consider President Jones' proposal carefully. The deputy chief will help me deliver Mr. Jones."
After Jones left, the sound of smashing cups was heard in the conference room.
"Find me! Who betrayed me? I want him to disappear completely!"
The deputy finance minister had a flattering smile on his face: "Mr. Jones, you are so optimistic about the future development of Korean entertainment. What if this old guy Nan Ruzhen refuses to take your word?"
"Haha, he will agree. Apart from the price I gave, he has no better choice."
Jones responded with unusual certainty, his eyes like a hungry wolf staring at its prey.
"By the way, the deputy chief has one more thing to trouble you with."
"Mr. Jones, you don't have to be polite if you need my help."
"Huiri Real Estate probably owes a lot of money to the bank, and the time for repaying some short-term debts should have come long ago."
As the undersecretary of finance of the Kimchi Nation and the leader of American imperialism, he certainly understands what Jones means.
This is not the first time he has done this kind of thing, but Nan Ruzhen has a close relationship with him and they are still classmates, so he really can't do it.
Jones seemed to see the hesitation in the deputy chief's eyes.
He took out a Citibank check, and the number on it made the deputy minister's eyes light up.
After taking the check, he nodded and flattered and said:
"Don't worry, leave this to me."
The next day, just after 9 o'clock, Huiri's headquarters welcomed debt collection personnel from the Bank of Seoul.
Huiri Company was in chaos.
The current cash flow in the company's accounts simply cannot plug this hole.
Why would the bank choose this moment to press for debt?
Nan Ruzhen also wants to remove the deputy finance minister as a reinforcement.
He will not leave his old classmate alone until death.
As a result, I called several times in succession, but no one answered.
Could it be that his old classmates were also bribed by the American emperor?
He desperately received the notice from the bank. If the short-term debt of up to US$100 million was not paid within seven days, Huiri Real Estate would enter liquidation.
Nan Ru really regretted it.
If he had not signed the LZ acquisition proposal, perhaps the cash flow on hand would have lasted for a few days.
Soon he rejected his idea in his heart.
Even without the acquisition of LZ, it was only a matter of time before Huiri compromised with that guy Jones.
European and American capital has been planning for a long time, and no company can survive alone.
Starting from the withdrawal of US$300 billion in investment from Europe and the United States, the fate of this country has been doomed.
He is still a little unwilling. Is he really going to agree to Jones' acquisition proposal?
At this moment, his subordinates hurriedly told him bad news:
"European and American capital, led by Rogers, is shorting Huiri Real Estate's stock!"
Looking at the stock that had fallen by nearly 20%, Nan Ruzhen's face was full of despair.
It's over. The next step for short selling is to buy the bottom. Maybe in a few days, Jones will be able to buy all the shares of Huiri circulating in the market.
Maybe by that time, 100 million can buy the entire Huiri Radio Station.
ps: 4~5 updates a day, please give me comments and flowers
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