Ever since Zhang Shouji was attacked by the crowd at the last major meeting...

Although he still holds a significant stake in the group, in reality, he has been completely squeezed out of the decision-making level.

He definitely needs to be notified of the shareholders' meeting...

However, he no longer needed to attend these small internal meetings.

to be honest...

The Kinmen Group has now transformed from a four-way division to a three-way balance of power.

The true core group only consists of four people...

Ding Xin represents the Faith Faction, Ding Qing represents the Peking University Faction, and Li Zhongjiu represents the Tiger Faction...

When Shi Dong emerges, he sits firmly on the high platform, taking control of the overall situation!

While the Imperial Sun Faction still exists, it has transformed from a core force into a peripheral force.

It is foreseeable that...

As time goes by, it will gradually disappear and be absorbed by the entire group without the other three major forces needing to intervene again.

This is not a baseless claim...

In the movie...

In the end, that old bastard Zhang Shouji didn't even have a single decent person under his command.

It's fucking shameful to have to spend money to hire someone from outside!

"Really? I understand..."

Upon hearing this, Zhao Xianxi glanced at the people present and nodded thoughtfully.

Ding Xin narrowed his eyes...

Just now, Shi Dongchu mentioned four words: "major resolution"!

The fact that the word "major" can be used...

It seems that today's internal meeting is quite extraordinary, and it must be related to this unfamiliar member of parliament.

only...

what is it?

Here...

After Zhao Xianxi had no more questions, Shi Dongchu spoke again, continuing the previous topic: "Councilor Zhao has come here today specifically to introduce some 'good news,' a 'great thing' concerning the future development of our group. We need to solicit everyone's opinions now..."

Upon hearing Shi Dongchu's words, Ding Xin and the others became focused, waiting for the "good thing" he was talking about.

However...

After saying the word "opinion," Seok Dong-chul stopped and didn't elaborate. Instead, he looked at Jo Hyun-seok.

The meaning is self-evident...

Now it's the congressman's turn to perform.

"Shuashuashua——"

Ding Xin and the others understood each other and turned their gazes to Zhao Xianxi.

bring it on...

Please start your show!

Zhao Xianxi smiled slightly, adjusted his glasses, and slowly said, "Everyone, as you all know, market competition is becoming increasingly fierce. No matter what kind of company it is, if it wants to gain a foothold in this wave, or even go further, it must find new opportunities. And what I've brought today is just such an opportunity..."

A politician...

Speaking of the market and opportunities in a serious manner gives people the feeling of being pretentious and incoherent.

But none of them, including Ding Xin, paid any attention...

As long as it brings tangible benefits...

He can say whatever he wants!

at the moment...

The group just wanted to know what kind of opportunity this congressman was talking about...

......

Chapter 571 Financial Bank Mergers and Acquisitions Plans

Zhao Xianxi glanced at the people present, seemingly satisfied with their focused expressions, and with a slight smile, continued, "As we all know, the global financial situation is far from optimistic due to the impact of the US subprime mortgage crisis!"

The situation is even more dire in South Korea, especially in the financial sector, which is in a particularly bleak state...

Many small domestic banks have already gone out of business...

As Zhao Xianxi slowly explained, Ding Xin finally understood his meaning.

Or...

I finally understood what those so-called "good things" and "opportunities" really were.

Simply put...

As the global financial crisis continues to unfold, the turmoil in South Korea's financial system has reached an extremely serious level.

Now that we've reached this point in time...

Many small banks in South Korea are already completely unable to survive!

Now...

A very important person is currently setting up a plan...

It's called a financial and banking merger and acquisition plan!

to be honest...

The goal is to unite a group of conglomerates to acquire and restructure these struggling small banks!

Because an existing system already exists...

Therefore, it is possible to skip the 0-1 process directly, grow from small to large, and establish a new super financial bank that belongs entirely to South Korea.

The "good thing" that the legislator was referring to was that Kinmen Group could be given a spot to participate.

in other words...

It is to give Kinmen Group an "opportunity" to step into that future community of shared interests.

Next is...

Currently, thirteen small banks are included in the acquisition plan, with an estimated acquisition price of thirty trillion won...

The quota allocated to the Kinmen Group is 20%...

That's six trillion won!

This is no small sum; when converted, it is equivalent to nearly half of the current market value of the entire Kinmen Group.

However, according to the plan, after these thirteen banks are merged and reorganized, that bigwig is confident that he can increase the current acquisition price fivefold within the next five years!

That is to say...

Right now, all it takes is six trillion won...

Five years later...

These four trillion won have been transformed into shares worth thirty trillion won!

All things considered, it seems like there are only benefits, but is it really that cheap?

Ding Xin only knew a little bit...

There is no such thing as a free lunch; opportunities and risks always go hand in hand!

So, while he was tempted, he calmly asked, "Congressman Zhao Xianxi, what exactly is the form of this cooperation? Or rather, what kind of price will our Kinmen Group need to pay?"

This "cost" obviously refers to things other than the six trillion won.

after all...

If this spot is accepted, the six trillion won is merely used to purchase shares and cannot be considered a "cost" but rather an "investment".

Zhao Xianxi glanced at Ding Xin and replied with a smile, "There's no price to pay. If I had to say, it would be that an agreement must be signed beforehand!"

"protocol?"

This time it was Ding Qing who spoke. He hadn't acted nonchalantly all day; he was quite serious: "I wonder what kind of agreement you're referring to, Congressman?"

"Let's divide it into two parts..."

Zhao Xianxi spoke casually, as if this "agreement" was nothing serious: "First, it's about normal risk-sharing. After all, a plan is just a plan, and the current overall acquisition price is only a rough estimate. If any unforeseen circumstances arise, we might need to add some funds, but definitely not much more. You can understand that, right?"

"Understandable!"

Ding Qing nodded with a serious expression.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like