Resource Tycoon Reborn
Chapter 110 Choice
Cho Hoon-ho's opinion of Choi Mi-yeon has now reached the point of hatred. If it were not for the few years when Cho Hoon-ki was bedridden and had difficulty in governing, and he did not receive enough support to regain the position of chairman of Hanjin Group, Choi Mi-yeon ignored the opinions of others.
Remind, warn, and insist on forcing Hanjin Shipping Company to expand. Today's Hanjin Shipping Company will not be in such a difficult situation!
As a direct descendant of the Zhao family, Zhao Xunhao naturally does not want to see the power of other powerful people entering Hanjin Shipping Company and threatening the Zhao family's control over Hanjin Shipping Company and Hanjin Group Company, but he understands better.
If the unfavorable situation of Hanjin Shipping Company is not reversed as soon as possible, the losses will become more and more serious. Even if the Fang family can be blocked, the Pu family, Li family, and Gu family will jump out to compete for Hanjin Shipping Company.
The worst thing is that Hanjin Shipping Company becomes bankrupt and liquidated. With the current ratio of Hanjin Shipping Company’s debts to assets, the Zhao family may not get a single won from Hanjin Shipping Company!
Among the companies under the Hanjin Group, there is now a tendency to separate, just like the Zheng family back then. If we lose the core company of Hanjin Shipping Company, how can we keep the Korean Global Airlines if we only control it?
Live in Hanjin Group Company? Without Hanjin Group Company, not to mention how much wealth the Zhao family will lose as a result, their status in Korean society will also face the danger of a sharp decline. And this result is that the Zhao family believes that
He, the head of the family, would never tolerate this.
This is also the fundamental reason why he can accept Hyundai Merchant Marine Company's stake in Hanjin Shipping Company. He can only keep Hanjin Shipping Company first, and then look for opportunities in the future to slowly recover the dispersed shares. If there is no mountain, where will there be?
Firewood can be chopped!
When Fang Mingyuan talked with him, he mentioned that if Hanjin Shipping Company rejected Hyundai Merchant Marine's equity participation, then Kuok Shipping Group Company could only choose other shipping companies to "join together for warmth" to cope with the trough period of the shipping industry.
.And Fang Mingyuan himself is not sure how long this trough period will last. And if Hanjin Shipping Company does not work hard, one day, Hyundai Merchant Marine Company may take it all over.
Zhao Xunhao did not dare to turn a deaf ear to Fang Mingyuan's words. Just look at the fact that most of his peers are struggling to support themselves on the edge of profitability, but Guo's Shipping Group Company is doing so easily. Although it no longer has the high profits of previous years, but
It is still a thousand miles away from losing money. Looking back now, Guo's Shipping Group has taken actions one after another since the second half of 2006. Some colleagues still wonder why it did not put the meat on its lips.
Eat, now I understand that Kuok Shipping Group Co., Ltd. began to prepare for the downturn in the shipping industry caused by the economic crisis at that time.
Zhao Xunhao didn't know how Fang Mingyuan accurately judged that the trough of the shipping industry was coming, but compared with Cui Miyan, who was still promoting the expansion of Hanjin Shipping Company in 2008, the two of them had a better grasp of the development trend of the shipping industry.
His abilities are as good as heaven and earth. Therefore, he also attaches great importance to Fang Mingyuan's "reminders" or "warnings".
"Ahem, Chairman, how many shares does Hyundai Merchant Marine Corp. plan to buy a stake in our company? How much capital will it provide?" A director on Cui Miyan's side coughed twice and asked.
"Hyundai Merchant Marine will not directly inject capital into us, but will acquire our debt from the Korea Development Bank and implement a debt-for-equity s It is estimated that the total amount may be around US$500 million." Zhao Xunhao did not hide anything and said straightforwardly.
The directors present couldn't help but take a breath, and the conference room fell into a brief silence. The Korea Development Bank is South Korea's only policy financial institution. Its responsibility is to provide long-term funds for South Korea's economic development. It is also the leader of Hanjin Shipping
If the company's largest creditor, US$500 million in debt, is converted into shares, it will not only reduce Hanjin Shipping Company's debt ratio, but also reduce Hanjin Shipping Company's huge annual loan interest expenses. At the same time, some people realize that this is not
What is Zhao Xunhao’s next step in promoting Hanjin Shipping Company’s debt-for-equity swap?
But... in any case, if this US$500 million debt can really be converted into shares, it will indeed be a shot in the arm for today's Hanjin Shipping Company. However, if you want to really get this thing from Hyundai Merchant Shipping Company
An investment requires long-term negotiations between both parties and the implementation of many details before it can be truly "implemented"! Unknowingly, many directors present were thinking about how to ensure the success of Hyundai Merchant Marine
This investment can be "landed" smoothly, rather than being turned away as expected.
Zhao Xunhao also noticed this and couldn't help but sigh. Although Hanjin Shipping Company has a shining sign of being one of the top ten shipping companies in the world and the largest shipping company in South Korea, in fact it is already faltering. It has not been there for several years.
Since 2008, poor performance and no hope of the shipping industry bottoming out have made these people fearful of the future. Even these shareholders are like this.
One can only imagine the mentality of the crew and sailors.
He calmly glanced at Cui Miyan, whose face was turning blue and white. It was this woman who, in just a few years, turned the originally prosperous Hanjin Shipping Company into a mess! If she hadn't been himself
His sister-in-law, if his younger brother hadn't passed away yet, and if he hadn't wanted to take the blame for embezzling his brother's property, he would have already thought of a way to kick this woman out of the company completely. However, Zhao Xunhao also made up his mind to take the step by step
Empty Choi Mi-yeon so that she can no longer dictate in the company!
Zhao Xunhao turned his eyes from Cui Miyan to others, and after a while he said loudly: "If no one objects, then this matter has been decided. President Park, please send negotiators to contact Hyundai Merchant Marine."
"Wait a minute, Chairman, I have another question." Director Liu Shijun suddenly raised his hand, "Although Hyundai Merchant Shipping Company is also our Korean company, I believe everyone knows that the Fang family has a great influence in Hyundai Group Company.
Influence. Will the government agree to Hyundai Merchant Shipping Company becoming a shareholder in us?”
Zhao Xunhao nodded slightly and said: "Director Liu's question is a good one. Whether Hyundai Merchant Marine can obtain government approval is decided by the government. All we need to do is to do our best to cooperate with Hyundai Merchant Marine.
Company. If you have any different opinions, please speak out now and everyone will agree. If there is trouble behind the scenes and hinder the cooperation between the two parties, don't blame me for being unkind in the future!" Among the people present,
Most of them glanced at Cui Miyan, whose face was pale.
Cui Miyan was filled with hatred, but she also understood how important Hyundai Merchant Marine's $500 million debt-for-equity swap was to today's Hanjin Shipping Company! Not to mention that this investment could put a stranglehold on Hanjin Shipping Company's neck.
The rope on the ship has been loosened, and the stock price has risen. In the eyes of the upper class, just the fact that Hyundai Merchant Marine Company has taken a stake in Hanjin Shipping Company, the things behind it are worthy of careful consideration. Fang Mingyuan’s vision in business
, that is recognized. It goes without saying that the Fang family’s influence in Hyundai Group Company is now. Kuok Shipping Group Company has also invested in Hyundai Merchant Marine Company. If this investment means that Fang Mingyuan is still optimistic about Han Jin.
The future of shipping companies, then many people's attitude towards Hanjin Shipping Company will change.
Therefore, the directors present, even if they are on her side, may have to weigh it carefully. After all, the future of Hanjin Shipping Company is also related to their net worth and social status!
"Oh, by the way, there is one more thing, I almost forgot to mention it." Zhao Xunhao said with a slap in the face, "I propose that from now on, all the directors here, including me, must reduce their holdings of shares.
The board of directors must be notified seven working days in advance, and under the same conditions, priority will be given to the sale to the company's shareholders. I wonder if you have any opinions on this? Oh... No? Then let's adjourn the meeting."
Li Yingxian frowned and looked at Li Xiuman and said: "Master Fang is really planning to team up with a Japanese film company to film "The Battle of Luliang"?" He had just received the news, so he recruited Li Xiuman. Although he had not watched "The Battle of Luliang".
Liang Hai Zhan" script, but as long as you understand the history of this thing, you can still know the general situation.
He bought the script of "Myeongryang Sea Battle" from movie entertainment film company, and hoped that CJ Entertainment Co., Ltd. would use it to become popular in China. After all, Fang Mingyuan only created this script out of some political considerations.
He chose to give up. But he did not expect that Fang Mingyuan would put the filming of "The Battle of Luliang Sea" on the schedule so quickly.
"I do have this idea. If nothing unexpected happens, it will be Japan's Asahi Film Company." Lee Soo Man said, neither humble nor overbearing, "It will be a joint shoot among the three countries."
"When does Mr. Fang plan to start filming?" Li Yingxian asked again. Although the script of "Myeongryang Sea Battle" has been obtained, CJ Entertainment Co., Ltd. has not had time to put it on the filming schedule.
"Master Fang didn't say this. However, this is not a matter of a word from Master Fang." Li Xiuman said. If "Battle of Luliang" is made by a Korean film company, it must be a big production if it wants to be successful. There will be no second-guessing.
Thirty billion won won't work. But for Hong Kong's Kumho Film Group, any film with an investment of less than 100 million US dollars is not considered a big-budget movie. As long as the funds are in place, how many countries can China, Japan and South Korea choose?
A suitable actor? Moreover, the Chinese film industry has rich experience in making large-scale historical films and has talents in all aspects.
The corner of Lee Young-hyun's mouth couldn't help but twitch. He also heard what Lee Soo-man meant, but he had to ask clearly. The reason why he was optimistic about "The Battle of Myeongryang" was because in the history of Korean movies, there was no historical naval battle as a subject before.
, and Yi Sun-shin is a well-known anti-Japanese hero in South Korea, and the script is from movie entertainment film company. Although the investment may be larger, the profit is still guaranteed.
But! If Fang Mingyuan wants to shoot "Battle of Luliang", even if the investment cannot reach 100 million US dollars, it will cost 30 to 50 billion won to shoot. For Fang Mingyuan, there will be no pressure at all, but CJ Co., Ltd.
Bian will be blinded. And compared with the box office appeal of Hong Kong Kumho Film Group, even in South Korea, CJ Co., Ltd. is no match.
It would be better if "The Battle of Myeong Liang" was released before "The Battle of No Liang", but if it was released after "The Battle of No Liang"... Li Yingxian really felt unsure. But he still couldn't complain about Fang Mingyuan. Back then, he
When they acquired "The Battle of Myeongliang", they already knew that the screenwriters from Hong Kong Kumho Film Group Company and Movie Entertainment Film Company were working on the script of "The Battle of Noliang", and CJ Entertainment Co., Ltd. had already obtained the script of "The Battle of Myeongliang".
It has been more than half a year, but there is no sign of starting it. At this time, Fang Mingyuan wants the Three Kingdoms Film Company to co-produce "The Battle of Luliang Sea". What can he say? Will the other party not be allowed to film?
Li Yingxian smiled bitterly in his heart, but remained calm on the surface. It was absolutely impossible to compete with Fang Mingyuan in the ring, so there were only two ways left, or to preemptively release "The Battle of Myeongryang", but he was not sure. CJ Co., Ltd.
In such a hasty filming process, what kind of answer will he eventually hand in? Another way is to wait for the release of "The Battle of Luliang" before releasing "The Battle of Myeongliang", and maybe also borrow "The Battle of Luliang"
》 Dongfeng, but... the risk is not small. With an investment of at least 20 billion won, how much can CJ Entertainment Co., Ltd. finally recover?
"If President Li wants to know, why not ask Mr. Fang directly?" Li Xiuman said, "I think Mr. Fang will not fail to inform President Li. By the way, Mr. Fang mentioned something two days ago. Hong Kong
"The Sinking of Japan" co-produced by Kumho Film Group Company and Asahi Film Company will be released in the summer, and Chairman Lee will be asked to help arrange it." CJ Group controls the largest cinema chain in South Korea, "The Sinking of Japan"
Whether CJ Group Co., Ltd. can cooperate with it or not will have a big bearing on whether it can achieve satisfactory box office results in the Korean film market.
"Released in summer?" Li Yingxian was stunned for a moment and said, "What about Japan? The aftermath of the April 13 East Japan Earthquake has not gone away. Li Yingxian originally thought that without Japan, the most important film market, "The Sinking of Japan" would be postponed.
Screened.
"It will be released simultaneously around the world." Lee Soo Man replied, "Japan is arranging the schedule."
"Oh, I will arrange the schedule, and I guarantee that Mr. Fang will be satisfied." Li Yingxian smiled.
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