The penniless son of the penniless ...

Chapter 151 Wu Mingxi's Proposal
"By then, let alone avenging your brother (Zhao Nangao), the management rights of Hanjin Group will probably be affected to a certain extent!" Zhao Chongxun warned his two sons in a heavy tone.

However, when the two brothers of the Zhao family heard their father Zhao Zhongxun mention the "waste" Zhao Nangao again, their faces looked a little ugly. It seems that their father is biased! It was obviously the third brother who caused the mess, and he wanted the two brothers to clean up the mess, and even dragged the future of the entire Hanjin Group as a bet. This is simply outrageous!
Fortunately, the third guy has died, and there are only two of them competing for the position of group chairman. As long as they work hard, they may be able to succeed~!

……

While the Cho father and son of Hanjin Group were negotiating and advancing the acquisition of Hanjin Shipping shares, the Galaxy Group fell into a state of anxiety.

Originally, Li Fuzhen notified Wu Mingxi, the head of the legal department, to negotiate with several major shareholders (financial institutions) of Hanjin Shipping in an attempt to purchase shares from them.

But these guys seemed to have received the news in advance, and did not readily agree to the share transfer proposal. Instead, they made a huge request to Wu Mingxi, raising the share transfer price to an extremely high level, almost 25% higher than the market value!
Although Wu Mingxi was the representative sent by Galaxy Group to negotiate with them, he did not dare to make such a high purchase price. After calling Chairman Li Fuzhen, Li Fuzhen was unable to give a positive answer in a short time and just asked the other party to come back and discuss the next step.

……

"President, judging from the current situation, the reason why these guys dare to ask for an exorbitant price is that they are certain that the stocks in their hands will be fought over by our Galaxy Group and Hanjin Group, so they are so fearless!
"And if we can't acquire the other party's shares in a short period of time, then once Hanjin Group organizes an extraordinary shareholders' meeting, we, who do not hold enough shares, are likely to lose the vote in the shareholders' meeting and lose control of Hanjin Shipping."

After hearing Wu Mingxi's analysis and concerns, Li Fuzhen felt very bad. She originally thought that the more than 2 million US dollars that Zhang Junfeng left to the group should be able to acquire a lot of shares, but based on the current situation, the more than 2 million US dollars can only allow them to receive less than 10% of the shares, which is still a big gap from the 51% controlling stake.

As if he had guessed Li Fuzhen's concerns, Wu Mingxi at the side spoke up and suggested, "Chairman, I have a suggestion. I wonder if it is feasible?"

"You are the daughter of Chairman Li Jianxi of the Five Star Group. If you ask Chairman Li for help, I think you should be able to get some help, right? If we can get a loan from the Five Star Group, we can also buy out some of the shares held by those shareholders first, and then repay the loan to them when the boss (Zhang Junfeng) comes back."

Li Fuzhen was somewhat moved when he heard Wu Mingxi's proposal. Zhang Junfeng had said before that he would transfer the large amount of loan to the Galaxy Group's account within two or three days. But now it was almost four days, and the funds promised by Zhang Junfeng had not arrived yet, which made him a little worried. Was there something wrong with Zhang Junfeng's financial situation?
Of course, Li Fuzhen did not tell Wu Mingxi about this speculation in front of him, so as not to cause unnecessary panic. At the same time, Li Fuzhen asked Wu Mingxi to continue communicating with those shareholders to see if they could lower the offer for the transfer of shares.

In addition, the situation at Hanjin Group should also be kept under constant watch. If there is any movement, she should be informed immediately to avoid being kept in the dark, not knowing that the news is delayed, and missing the opportunity in vain. Faced with the many requests made by Li Fuzhen, Wu Mingxi, who knew the urgency of the matter, nodded and agreed. After Wu Mingxi left, Li Fuzhen thought about the next solution. She originally wanted to call her father Li Jianxi for help, but she couldn't help but recall what her father had said to her before, and she called her brother Li Zairong as if possessed by a ghost.

……

When Li Zairong received a call from Li Fuzhen in the office, he was completely stunned. He never expected that his sister, who had always had a delicate relationship with him, would call him at this time and ask for help in getting a large amount of funds from the Five Star Group.

However, Lee Jae-yong, who was calm by nature, also reacted quickly. He said calmly on the phone, "Fuzhen, have you called your brother-in-law? I think as long as your brother-in-law receives the news, it should be easy to handle."

Hearing her brother mention Zhang Junfeng, Li Fuzhen couldn't help feeling a little melancholy. "I've already contacted Junfeng, but the funds he promised to arrive in the next two days are nowhere to be found, and I don't know where this guy is. I just called him several times, but couldn't get through to him."

After hearing what Li Fuzhen said, Li Zairong hesitated for a moment and then gave a reply, "Don't worry, I'll ask my father. Our Five Star Group also received a sum of aid from the Ministry of Planning and Finance. If the use period of the funds is very short, maybe I can lend it to you for circulation..."

Since Li Fuzhen has said so much and has come to him for help, as his brother, he cannot stand idly by. After all, Zhang Junfeng led the inspection team to initially inspect Longguo, and several members of the team are on his side!
Moreover, he was counting on the fact that he could take advantage of Zhang Junfeng's investment to open a factory in Longguo and open up a new market!
But if he stood aside and refused Li Fuzhen's request for help, who knows how Zhang Junfeng would view him as his brother-in-law after he came back and found out about the situation. If the two sides fell out because of this, his loss would be too great!
……

Knowing that Li Zairong was willing to help, Li Fuzhen was delighted and quickly thanked him. Regardless of whether this matter could succeed, at least Li Zairong was willing to help her, which showed that she could still rely on her brother at a critical moment.

After hanging up the phone, Li Fuzhen relaxed a lot. Since Li Zairong was willing to help this time, I think his father should give some help, right? It was all Zhang Junfeng's fault. The promised funds were not in place, so she didn't dare to burn her boats and directly buy the shares of Hanjin Shipping from those shareholders at a high price!

(End of this chapter)