Chapter 253: Does Novo Pharmaceuticals intend to take back the authorization of Bidafel?



Mao Dayong said:

"I think this isn't Hancheng Group's own decision. It might have found a partner, or it might have a big money sponsor backing it."

"Hmm... That makes sense. Hancheng Group is already struggling, so where does it get all this money?"

Currently, Wu Ruiying's father, Chairman Wu of Hancheng Group, is still on trial.

As the investigation deepened, the amount of embezzlement revealed became larger and larger, and everyone thought that he might have to spend several years in prison.

In the absence of a leader, it is unlikely that Hancheng Group would take such action.

Park Jin Hyuk said to Mao Dayong:

"Investigate what's going on. Also, if Han Cheng is really willing to pay, then give it the authorization."

Mao Dayong nodded.

"I think so too. If that happens, DS Pharmaceuticals will have money on its books. Would you consider using it? That way, we won't have to mortgage our shares in Rising Sun Systems Integration..."

Everyone is well aware of the importance of Rising Sun System Integration, so they are trying to find ways to avoid using their equity.

“I cannot use DS Pharmaceuticals’ funds.”

However, before Mao Dayong could finish speaking, Park Jin Hyuk interrupted him.

"Investing in crude oil projects is my personal behavior and I cannot use the company's funds."

"The money from DS Pharmaceuticals is just like yours..."

"That will leave a handle."

Xuan Yizhu nodded in agreement.

"I agree with you."

Mao Dayong glanced at him, and Xuan Yizhu explained:

"Although we initially obtained authorization from Noso Pharmaceuticals under the chairman's leadership, it was DS Pharmaceuticals that formed the contractual relationship with Noso Pharmaceuticals. If the chairman were to use liquidated damages, it would be problematic."

Mao Dayong didn't know what to say anymore, as he understood the logic.

Park Jin Hyuk added:

"We're using equity as collateral, not selling the company, so there's no need to worry."

And just like that, Park Jin Hyuk ended the meeting.

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