The penniless son of the penniless ...

Chapter 158 Zhao Liangzi's Decision
Only these two "pig teammates" with low IQs would think of such a naive thing, right? !

Once the Galaxy Group succeeds, even if the Hanjin Group tries their best to regain the operating rights of Hanjin Shipping, what will happen? If they lose Hanjin Airlines or Hanjin Land Transport, or even lose control of these two companies in succession, then their Hanjin Group will probably fall apart!
However, it was his father Zhao Chongxun who was in charge of Hanjin Group. Even though Zhao Liangzi was the eldest son and managed Hanjin Airlines, he still had no way to influence the decision of his father, the chairman. After sighing, he didn't say anything more. He just prayed silently in his heart that the subsequent developments would not be as bad as he expected.

……

In the following days, representatives and staff from both Hanjin Group and Galaxy Group frequently met with shareholders of Hanjin Shipping, Hanjin Airlines and Hanjin Land Transport to discuss share transfers.

The first to successfully negotiate and sign the share transfer contract was Woori Bank, one of the major shareholders of Hanjin Land Transport. Woori Bank, which was originally anxious to recover funds to ensure the bank's capital turnover, was persuaded by Wu Mingxi and other representatives of the Galaxy Group and finally sold its 12% stake in Hanjin Airlines at a premium of 7.6%!
The news that Galaxy Group had successfully acquired 9.6% of Hanjin Land Transport's shares soon caused an uproar. They originally thought that the fight between the two sides would be difficult to decide for a while, after all, it involved three large companies and the funds involved were as high as more than billion US dollars! But they never expected that Galaxy Group would directly use money to hit people this time and take the lead to gain a certain advantage.

Afterwards, under the command of Zhang Junfeng, the staff of Galaxy Group continued to keep in touch with the operators of the securities company, and made sure to acquire all the stocks of Hanjin Land Transport and Hanjin Airlines circulating in the market in the shortest possible time. This also caused the stock prices of these two companies to rise sharply in a short period of time.

The executives of Hanjin Group who received the news were in a state of panic. They had never expected that the Galaxy Group would be so unethical! Lobbying shareholders to sell their shares while aggressively sweeping the stocks circulating in the stock market, this kind of determination to win was difficult for them to deal with!

Chairman Zhao Zhongxun's face was also very ugly at the moment. He had never expected that Zhang Junfeng would actually attack their Hanjin Land Transport and Hanjin Airlines! And according to the accurate information from his subordinates, the Galaxy Group acted very quickly. In just a few days, they had already acquired 31.2% and 25.4% of the shares respectively!
On the other hand, Hanjin Shipping's progress was much slower. The representatives they sent out seemed to be stalling for time, and they were not as swift and ruthless as they were when they acquired the shares of the other two companies.

"Father, we can't go on like this! If we continue to fight for the operating rights of Hanjin Shipping, we will most likely be taken advantage of by the other party and lose the operating rights of Hanjin Land Transport and Hanjin Airlines."

The one who spoke was Zhao Liangzuo. He couldn't sit still anymore. If he let it go on like this, Galaxy Group's shareholding would definitely exceed Hanjin Group. As for foreign financial institutions, although there was no movement yet, it would be too unreliable to put all the final hope in the hands of those guys, right? !
The second in command, Zhao Xiuhao, also had a gloomy face at the moment and didn't say much.

He also didn't expect that the Galaxy Group, which he hadn't taken seriously before, would act so quickly, seemingly acquiring the company stocks of Hanjin Land Transport and Hanjin Airlines at all costs. As for Hanjin Shipping, it was like a "bait" thrown to them, leading them to tie up a large amount of funds in it, thus missing the great opportunity to repurchase the shares of the other two companies.

Now that the situation has developed to this point, if they want to turn around and buy back their own company's shares, there should still be room for rescue! However, Hanjin Shipping's acquisition is definitely not going to continue, after all, they only have so much aid funds on hand.

After weighing the pros and cons, Zhao Xiuhao proposed to Zhao Chongxun in a low voice that he should give up the acquisition of Hanjin Shipping's shares and repurchase the shares of Hanjin Airlines and Hanjin Land Transport as soon as possible. Only in this way can he ensure that his "base camp" will not be successfully attacked by the other party! Zhao Chongxun was also very angry when he heard that his two sons actually began to oppose his decision. Obviously, he was the founder of the group, and it was he who divided these companies among his sons for management. But now his two sons are singing against him. For their own little interests, they completely disregard the interests of the entire group. They are simply unfilial sons!

But just when Zhao Chongxun was about to scold his two sons, the eldest son Zhao Liangzi spoke first, "Father, the reason why you are so persistent in taking back the management rights of Hanjin Shipping is because of that good-for-nothing third son, right? But it was clearly him who lost Hanjin Shipping, so why should he make us pay the price for his incompetence now?!"

"Losing Hanjin Shipping may be a heavy blow to the group, but once we lose the operating rights of Hanjin Airlines and Hanjin Land Transport, the second brother and I are very likely to repeat the mistakes of the third brother. By then, the entire Hanjin Group will be without the support of three core subsidiaries. What's the difference between Hanjin Group and an empty shell?!"

Hearing the eldest brother Zhao Liangzuo accusing him, Zhao Chongxun widened his eyes and stared at this disobedient son in disbelief. He was so arrogant!
Just when he was about to stand up and curse, or even give this disobedient son a lesson, the second oldest brother, who had been flattering him before, also stood on the side of the eldest brother, Zhao Liangzuo, and bluntly said that if he didn't continue. This made Zhao Chongxun very angry, and his blood pressure soared sharply, and he soon leaned back on the sofa in pain, gasping for breath.

Upon seeing this, Zhao Liangzi immediately asked his assistant to bring antihypertensive drugs for Zhao Chongxun to take, and then ordered the other party to immediately contact the hospital to arrange an ambulance and have them send someone to take Zhao Chongxun away.

The assistant was a little overwhelmed at first, but when he saw Zhao Liangzuo staring at him fiercely, as if he would take action against him if he dared to say no, the assistant had no choice but to do as he was told.

When the second brother saw that the eldest brother Zhao Liangzuo took the opportunity to attack and wanted to send Zhao Chongxun to the hospital, he finally reacted. He looked at the other party in surprise and was about to speak, but Zhao Liangzuo threatened him first, "Under the current situation, we can only get through this by sending father to the hospital for temporary custody while the two of us raise funds to buy the company's stocks!"

"Otherwise, if we continue to let my father do this, the entire Hanjin Group will probably fall apart!"

Hearing what Zhao Liangzhao said, Zhao Xiuhao hesitated for a moment before nodding heavily to show his agreement.

(End of this chapter)