Resource Tycoon Reborn

Chapter 295 We are willing

The conference room immediately burst into applause, including Kitamura Ou, Nakano Mashiro and others. Only Mizufune Shinzo and his son still looked at Fang Mingyuan with hatred.

"Inauguration declaration, this is the first time in my life!" Fang Mingyuan chuckled. Everyone present was stunned for a moment, and then they realized that although Fang Mingyuan created Fang Jianuo's largest industry, the chairman of these industries was

None of them were held by him personally. If he became the chairman of Sogo0 Co., Ltd., this was his first chairmanship title.

Immediately, everyone became excited again. They had all heard to some extent that Fang Mingyuan started from scratch and created an industry that is now Novo University in more than ten years. Although no one knows how much assets the Fang family has now.

, but it is conceivable that he easily used more than 5 billion US dollars in the acquisition of Sogo0 Co., Ltd. The rise of the Fang family can be said to be a legend.

Sogo0 Co., Ltd. will be the first company for which he holds the position of chairman, so no matter from which aspect, Fang Mingyuan will definitely be extremely attentive to Sogo0 Co., Ltd., which is related to his undefeated status in the business world.

Famous event.

"Actually, I don't have anything to say, but I just have some thoughts to share with you." Fang Mingyuan said, "Sogo0 Co., Ltd. has reached the point where it is about to become insolvent. It is heartbreaking and regrettable.

Of course, this has the impact of the overall poor economic environment. However, it is an indisputable fact that Sogo0 Co., Ltd. needs to change! If no one objects, I plan to convert the US$4.3 billion in debt into equity. No.

Do you know if you all agree?"

The conference room fell silent again, everyone opened their mouths and looked at Fang Mingyuan in surprise.

The debt of 4.3 billion US dollars was converted into equity. In this case, Fang Mingyuan's shares easily exceeded 51%. Even without Huashanyuan Zhengyi and others, he had reached the status of absolute control. In other words,

In the future, no one can stop Fang Mingyuan's decisions, even if all the directors and shareholders present object to them, as long as Fang Mingyuan insists on his own way! In other words, they only have the right to make suggestions, but not to decide. How many companies do you want?

It is impossible to unite to check and balance Fang Mingyuan.

However, this also has benefits that they cannot refuse. Sogo0 Co., Ltd. has reduced its debt by US$4.3 billion. It can be said that the heavy debt on it has been reduced by nearly half; it has gained an additional US$4.3 billion.

It can be said that the funds are suddenly away from the danger zone of low capital and low debt. Without the interest expenses generated by these debts, it seems that Sogo0 Co., Ltd. Group is not far from breaking even. More importantly, once this news

When the news spread, people who were originally panic could immediately stabilize. In the past few days, because suppliers came to collect payment, the Sogo0 Co., Ltd. group was in a state of distress. Even the sales of major stores were obviously affected.

There has been a significant decrease in the number of people going shopping.

At this time, it is not necessarily a bad thing that Fang Mingyuan wants to take back a lot of power and become a "leader". Although the operation method of the joint-stock company is more mature and the ability to avoid risks is stronger, the leadership

Investors are also constrained everywhere. If they want to try a new method, they must write a detailed written report, hold meetings to discuss profit prospects, and then persuade shareholders to support... The speed of decision-making is very slow. Sometimes, some good plans and ideas will still be

Because of this, it died prematurely. The repeated losses of Sogo0 Co., Ltd. over the years have caused the shares in everyone's hands to fall again and again. If it can really regain its glory, it will be worth it even if it loses the right to decide.

"Fang Jun, if you need any loans in the future, our municipal bank is willing to help!" Nagano Shinyuki was the first to stand up and said loudly. He admired Fang Mingyuan's courage, this is 4.3 billion US dollars.

Ah, they actually want to convert debt into equity. This will certainly increase Fang Mingyuan's controlling stake in Sogo0 Co., Ltd., but if he does not behave well in the future, he may not even be able to get back his money!

In Nagano's view, this is either because Fan Mingyuan has enough confidence to get the Sogo0 Co., Ltd. group back on track; or it is because Fan Mingyuan was dazzled by the victory and made an impulsive decision. But Fan Mingyuan may have been dazzled by the victory.

?

Yoshida Harunouchi sighed deeply in his heart. To be honest, he still hasn't figured out why Yoshiaki Tsutsumi called him and clearly told him that he would cooperate with Fang Mingyuan and give 10% of all Seibu Department Store's shares to him.

Five shares were transferred to Fang Mingyuan, but now he at least understands that Yoshiaki Tsutsumi knows Fang Mingyuan's determination better than himself. The debt-to-equity swap of 4.3 billion US dollars is such a large investment that Seibu Department Store cannot take it lightly.

Take it out easily!

Fang Mingyuan glanced at Yoshidahara Unouchi, and felt secretly happy in his heart. This King Kong, who was probably still two feet tall now, was confused. He had no idea why Tsutsumi Yoshiaki was on his side. In fact, the reason was revealed.

Simple. Fang Mingyuan just asked someone to forward a letter to Yoshiaki Tsutsumi, and in addition to the usual greetings, the letter only left a company name and a number.

Regarding Yoshiaki Tsutsumi, Fang Mingyuan had read his biography in his previous life. After entering the 1990s, the Seibu Group also fell into decline due to the recession of Japan's economy and the bursting of the bubble economy. Yoshiaki Tsutsumi's personal assets also dropped significantly.

.But he and the Seibu Group still have an amazing influence on the Japanese economy.

However, just such a person was also brought to court by the Japanese Procuratorate in 2005 or 2006. The reason is very simple. According to Japanese law, the largest shareholder of a listed company must not exceed 100% of its holdings.

However, Yoshiaki Tsutsumi had for a long time concealed the fact that the company under his name held a little over 88.0% of the shares of Seibu Group by forging shareholding personnel. This matter was later revealed, Yoshiaki Tsutsumi

Several heads of companies under his name committed suicide in an attempt to protect him, but in the end Yoshiaki Tsutsumi was still charged with violating the Securities and Exchange Act, publishing false financial information, forging financial statements and illegally conducting insider stock trading. After a court trial,

, Tsutsumi Yoshiaki admitted all these charges and was sentenced to prison by the court.

This incident left a deep impression on Fang Mingyuan, and the letter he gave to Yoshiaki Tsutsumi contained exactly that set of data. It is estimated that after today, Yoshiaki Tsutsumi will definitely be more cautious, or

Either a part of the shares will be released, or it will be covered up more secretly. But with this result, Fang Mingyuan doesn't need to worry about it anymore.

"Fang Jun, I have no objection and I firmly support your decision!" The first shareholder to jump up and express his approval was not Masaichi Hanashanyin, but Oku Kitamura. Mashiro Nakano and others who had taken the lead also expressed their opinions.

At this time, it can be said that the general trend is certain. If you don't curry favor with Fang Mingyuan, you will be put on the back foot in the future, or even kicked out. Seeing that the Sogo0 Co., Ltd. group is expected to be revitalized, a fool sells his shares at this period.

Woolen cloth!

"Kitamura Ou, Nakano Mashiro, your positions changed so quickly!" Everyone led by Hanayamain Masaichi looked at these people with disdain.

"The chairman just mentioned clearly that certain people want to sell their shares and get out of the company!" A shareholder who was originally neutral looked at several people with a somewhat playful expression and said.

Kitamura Ou's face became hot, and Nakano Mayuki said with a smile: "Chairman, weren't we all deceived by Mizufune Shinzo to make such a blind decision? We are willing to apologize to the Chairman.

, I hope that Chairman, you will be magnanimous and give us a chance to make meritorious service. Besides, after Chairman’s capital injection, the shares will have reached absolute control, right?”

"Is it enough to just apologize and apologize?" Fang Mingyuan said with a faint smile. It would be a scourge for this kind of wallflower to stay, but it seems inappropriate to eradicate them all. Although Fang Mingyuan agreed to serve as the chairman of Sogo0 Co., Ltd.

, but it is impossible for him to really invest most of his energy here, and after Mizufune Shinzo is kicked out, if nothing happens, Hanashanyuan Masaichi will become the second largest shareholder. When he is away, as a

As a Japanese and a senior director of Sogo0 Co., Ltd., Masaichi Kasanin may have too much power. Therefore, retain some directors who have an antagonistic relationship with Masaichi Kasanin on the board of directors to properly restrain Kasanin Masaichi.

One, is also a way. However, these people must also be severely punished. Otherwise, when I acquire Japanese companies in the future, I am afraid there will be people who are lucky.

Kitamura Ou and Nakano Mashiro looked at each other. Under the leadership of Nakano Mashiro, they left their seats and came to Fang Mingyuan. They knelt down in the tunnel and said: "Please punish me, Chairman!"

Mizufune Shinzo closed his eyes in despair. He did not expect that Nakano Mashiro and the others would actually achieve this. But Mizufune Shinzo, now he is not even qualified to do this. He has been defeated and does not want to

Go and be humiliated again.

"Hand over half of your shares and they will be kept by the board of directors. All dividends within three years will be handed over to the company as debt repayment funds. Within three years, if there are no major mistakes in your work, these shares will be returned to

You guys. Otherwise, hand over all your shares and I will give you a reasonable price!" Fang Mingyuan said coldly, "How about it, are you willing?"

Kitamura Ou and Nakano Mashiro looked at each other with pale faces, and after a while they gritted their teeth and said: "We are willing!" (To be continued. Please search Piaotian Literature, the novel will be better and updated faster!)

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