I lost my vegetative state, and I became the richest man in the world

Chapter 770 Yang Ming Does Not Support Carrian Group's Restructuring Plan!

Chapter 770 Yang Ming Does Not Support Carrian Group's Restructuring Plan!
The collapse of Carrian Group caused Xiangjiang's stock market to plummet, and Xiangjiang's real estate was also further implicated, leading to further plummeting.

However, before Carrian Group broke out completely this time, almost all relevant people were taken away by ICAC for investigation, including the business information involved.

In fact, compared to the history, it is much easier for Carrian Group to be investigated. The main people involved, Ibrahi and John Winsbah, are alive and well. In this case, they also know that Chen Songqing Their lives are needed, they want to survive, and the only way to expose all the financial crimes of the Carrian Group.

The news about the collapse of Carrian Group has affected Xiangjiang for more than a month. Xiangjiang's media newspapers and TV stations have been reporting on this company.

Yang Ming lived a very relaxed and comfortable life.

1982 11 Month 19 Day.

Friday.

Yang Ming just got off work from the Imperial Group and returned to the villa by car.

When getting off the car, Lin Dezhong came over and said, "Boss, Chen Songqing's daughter is here to see you."

Chen Songqing's daughter?

Yang Ming was a little surprised.

Yang Ming knew that Chen Songqing's wife was Gao Jingwan, the eldest daughter was Chen Wanling, the second daughter was Chen Xiuling, and the third daughter was Chen Meiling.

Among them, most of the shares of Carrian Group are in the hands of these four people.

If Carrian Group hadn't collapsed, those shares would still be very valuable.

There is nothing left now.

Yang Ming and Lin Dezhong came to the garden and saw a young woman with fluttering long hair and a skirt standing there blowing the wind.

These days, Xiangjiang newspapers have reported on the Chen Songqing family.

There is nothing too mysterious about his three daughters.

Now, when Yang Ming sees Chen Meiling, he immediately recognizes her identity.

"Miss Chen, Young Master Yang is back."

Lin Dezhong said.

Chen Meiling hurriedly turned around and saw that it was really Sir Yang.

"Sir Yang, hello."

Yang Ming just nodded.

He didn't know why Chen Meiling came to see him now.

"Sir Yang, I am here to see you on behalf of my father. I have something very important to discuss with you."

Yang Ming knew that Xiangjiang's laws were like that. No matter what serious crime he committed, as long as he had money and could afford a senior lawyer, not only would he not have to die, but he could still live a decent life.

Historically, Chen Songqing ordered people to kill two very important people in a row, and in the end he only spent a few years in prison.

After he came out, he was still a rich man, and he still lived in a villa.

This is really different from other places.

"Miss Chen, what do you want to say?"

Chen Meiling looked at Lin Dezhong at the side.

Lin Dezhong also left here.

"Sir Yang, my father hasn't come out yet, but my father is very ambitious. He believes that as long as he gets the support of Sir Yang and the Imperial Group, the Carrian Group will be able to recover. My father hopes that the Imperial Group will intervene. Group restructuring."

Reorganization?

Yang Ming smiled.

It seems that Chen Songqing still doesn't give up.

Historically, Chen Songqing actually had two restructuring plans.

Once in history, on January 1983, 1, Carrian Group announced that its three listed companies, Carrian Real Estate, Vinda Shipping and Chang Life Insurance, would suspend listing and trading, restructure debts, cancel the plan to issue 2 million Hong Kong dollar preferred shares, and change In order to propose a capital injection of HK$5 million from the parent company Carrian Group, and HSBC to provide a secured current overdraft of HK$2.5 million to Carrian under certain conditions.

On February 2 of the same year, Carrian announced the appointment of Heng Bao Finance and Huo Duoli as representatives to discuss the restructuring plan with creditors including more than 6 banks and finance companies.

At that time, Carrian even hired John Bao, the former vice chairman of HSBC Bank, from Country Y with a monthly salary of 10 Hong Kong dollars as the representative of the creditor bank to join the board of directors of Carrian.

Carrian's debt restructuring was drafted according to the classic principle of substituting shares for debt, and the debt was reduced by selling its subsidiaries.

However, there is still little hope of the success of the plan.

During this period, a sudden murder case completely shattered Carrian's hope of reorganization.

It was Ibarahi, one of the key figures, who was killed by Chen Songqing.

Then, since Chen Songqing wanted to reorganize the Carrian Group, why did he send someone to kill Ibarahi?
It was later confirmed that at that time, Chen Songqing cooperated with Yumin Finance in an attempt to obtain assets for his company outside of the debt restructuring plan.

Carrian Group owes more than [-] billion Hong Kong dollars in debts to financial institutions such as Yumin Finance, HSBC, and Dolly.

Chen Songqing and Yumin Finance attempted to conceal Carrian's total liabilities, especially the over HK$40 billion in arrears owed to Yumin Finance, in order to allow the restructuring to proceed.

Is it possible for a person like Chen Songqing to reorganize Carrian Group under such circumstances?

He had already seen through Carriand Group and Chen Songqing.

"Sir Yang, as long as you and the Imperial Group agree to resume the reorganization of the Carrian Group, my father is willing to agree to any conditions. Even, let the Carrian Group become a subsidiary of the Imperial Group."

Chen Meiling looked at Sir Yang and said.

Yang Ming sneered even more.

He wanted to swallow the Carrian Group, but he didn't want to take on so many debts of the Carrian Group.

With a debt of more than 100 billion Hong Kong dollars, it does not make much sense to acquire or reorganize a company with low value.

What's more, now Chen Songqing is using the reputation of Yang Ming and the Imperial Group to restore the Carrian Group, and even let the Carrian Group reorganize, and then reduce the debt.

is it possible?

"Miss Chen, in my opinion, Carrian Group is not worth reorganizing."

"Sir Yang, as long as you agree, I am willing to agree to any conditions!"

After finishing speaking, Chen Meiling looked at Yang Ming even more, her face blushing a little, as if as long as Yang Ming was willing, she would go all out.

Yang Ming found it even more funny.

"Sorry, I don't lack women, let alone you are not a beauty."

"you."

"Do you think you are worth more than 100 billion Hong Kong dollars?"

Chen Meiling was already speechless.

In addition, Chen Songqing is a person who dares to kill, and there is something he dare not do. Yang Ming really doesn't want to get in touch with this kind of person.

If Chen Songqing had done it in a down-to-earth way, he would be one of the richest Chinese tycoons in Xiangjiang now, but what Nai He thought was to use fraud all the time, it would definitely not last long.

"Go back and tell your father that you should be honest and do things down-to-earth, and stop using other crooked brains."

Yang Ming didn't stay any longer.

Seeing Sir Yang's leaving figure, Chen Meiling's face turned red and white with anger.

Yang Ming didn't intend to keep her down for dinner.

Chen Meiling had no choice but to get in the car and leave.

Originally, she came here to see if there was any chance for Sir Yang to support the reorganization of her father and the Carrian Group, but now it seems that there is no chance at all.

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