Hong Kong Island: Rebirth of the Rong family, plotting against Soros at the beginning

Judicial auctions

9:45 a.m.

Rong Guang was here early in the morning waiting for the auction meeting to begin.

100% of HHA Restaurant Group has been pledged to Bagan Bank.

Loan of $200 million from Bank Borgan for use as a specialized/targeted loan.

If Rongguang does not repay the loan, the bank has the right to recover the equity of HHA Restaurant Group, and then auction it to recover the $200 million loan.

As we all know, auctions are auctioned out, and the price is bound to be lowered.

Auctions are held at 80% of the price.

That's what Glory wants.

If Rongguang buys back 16% of HHA Restaurant Group shares from the chairman of HHA Group.

It is bound to be pinched by three inches, the lion opens its mouth, and the price of something that may have a market value of 1 million will be as high as 2 million or even 3 million.

There is another way, that is, to inject capital to dilute the equity, but no matter how much capital is injected, the chairman of HHA Group also has shares in his hands.

This will make Glory very unhappy.

From the initial good discussion, to the current situation, it can be said that the chairman of HHA Group is completely caused by the hand.

At the beginning, Rongguang's offer was not low, but he asked for 800 million US dollars, which is a typical disgrace to Rongguang and asking for a sky-high price.

Of course, Rong Guang could not agree, and even if he did, he would not have so much money.

Received an initial funding of $60 million from the Academy.

$140 million raised.

With a loan of $200 million, Rongguang only had $400 million in total.

Of course, it's not that glory can't get $400 million, it's that it's not necessary.

In order to complete the gamble with Kanniang, it is not worth spending so much experience!

The door to the auction hall was pushed open, and as a shareholder of the new HHA catering, the chairman of HHA must participate in the auction.

"What a ruthless method!" the chairman of HHA walked slowly with a gloomy face.

By now, Rongguang's intention is so obvious, he can't react to it is not stupid to describe.

"No way, in order to complete the mission of the academy, and I went with sincerity. "

Seeing Rongguang's expression and reason for not caring, the chairman of HHA frowned.

"I agreed to sell you for $400 million, how about canceling this judicial auction?" the HHA chairman wanted to make a last-ditch effort to set up a little auction.

With legal benefits, he will no longer have the possibility of turning over.

Now that I think about it, the price of $400 million is also good, at least it will allow him to get the money he deserves.

"It's over, at this point, do you think I'll change it? Rong Guang glanced at the naïve chairman of HHA.

"Don't forget, your efforts are only to contribute to the academy, and you still have to hand over the group to the academy. The chairman of HHA reminded.

"At this point, do you feel that these words are still useful?"

"Hmph!" the chairman of HHA snorted coldly and sat down in his own place.

It has only been a day since Rongguang was promised to sell Glory Restaurant shares for $50 million plus 16% of the new HHA Catering Shares to the Glory HHA Catering Brand, although it has only been a day, and the chairman of HHA has already sensed the seriousness of the problem.

In particular, the newly hung HHA catering brand stores near each of the original HHA catering stores have greatly affected the turnover of the original HHA catering outlets.

A crisis of trust engulfed HHA Group companies.

Although the taste has not changed, and the people have not changed, the people are suspicious.

And now Rongguang has not repaid the bank loan and held a judicial auction, which has made the chairman of HHA fall into regret.

Brands should not be sold to glory.

As for the auction of the new HHA restaurant with a market value of $400 million, sorry, the chairman of HHA can't take that much money.

Rongguang, on the other hand, has $400 million.

An hour later, Rong Guang took the completed equity transfer certificate and walked out of the judicial auction house with a smile.

At this point, HHA Restaurant Group Company was honorably in the hands.

The chairman of Began Bank runs the company.

Began brought a cup of coffee to Rongguang and said with a smile: "I've heard that the chairman of HHA has a very ugly face." "

"I gave him a choice, a price of $400 million, not low. "

"And now he only got $100 million, why bother!" said Rong Guang, pouting without the slightest pity.

Commercial acquisition, either you die or I die, there can be no mercy.

"What happened to me this time?" Began looked at Rong Guang suspiciously, after all, according to Rong Guang, he had completed the mission of the academy.

"Come to the loan, mortgage HHA Restaurant Group, loan 110 million US dollars, and return the private fund. Without thinking, Rong Guang said the purpose of this time.

"No problem. "Betham suddenly said that this is ready to take 100% equity back to the academy.

In the evening, Rong Guang took the 100% equity certificate, whistled, and walked into the academy here.

As long as the task is handed in, the credits of glory are kept.

When the time comes, get the list of trainees, and the purpose of glory is achieved.

"Jingle Bell" just as Rong Guang stepped into the gate of the academy, Rong Guang's big brother rang.

Seeing that it was Soros, Glory directly answered the sound.

"Rong Shao, I found that there is a big movement in the stock market of the stick country. "

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