Park Jin Hyuk said to Hyun Yi Soo:
"I decided to increase capital by allocating shares to shareholders."
"Shareholder allotment? That would cause the stock price to plummet."
"When announcing the paid capital increase, I told all shareholders that if any shareholder gave up their right to subscribe for new shares, I would subscribe to all of those new shares (note: called forfeited shares). This would help curb the stock price decline."
"this……"
Xuan Yizhu looked at Park Jin Hyuk. He wanted to know whether Park Jin Hyuk had seriously considered what he said.
Liu Zhengjie knew that he couldn't save money just by relying on his salary, so he started to try stock investment little by little.
Over the past 10 years, he has been struggling in the stock market, making a lot of money and losing a lot of money.
Although he didn't make much money in the end, he gained a deep understanding of the operating principles of the stock market.
"Can you have someone calculate how much additional capital we need? If you need me to invest with you, that's fine too.
At the same time, I will make it clear to shareholders that I will subscribe to all the forfeited shares, so as to minimize the impact of the paid capital increase."
Xuan Yizhu thought for a moment and said:
"Shareholders will certainly welcome these measures."
"This is a reassurance not only for existing shareholders but also for those considering buying our shares."
"But if you subscribe to all the forfeited shares, wouldn't the loss be too great?"
"Probably nothing to lose."
"Why?"
"As long as shareholders subscribe to all the rights shares, there will be no forfeiture of rights shares. So what will I lose?"
"That's equivalent to successfully completing a paid capital increase. Can it be that easy?"
"It's definitely not easy, but it's not impossible. Just do as I say."
In stark contrast to Hyun Yi-soo's worry and uneasiness, Park Jin-hyuk seemed confident.
He has decided to show all the experience he has accumulated in the stock market in the past.
*** *** ***
The next day, in the stock market, DS Construction's share price began to fluctuate greatly like a roller coaster.
Rumors began to circulate in the market that DS Construction would make a paid capital increase, and that the company's organizational adjustments had encountered difficulties and were therefore progressing slowly.
In the president's office of DS Construction,
"To ensure our solvency, we need about $800 billion in funds."
After saying that, Guo Xiji glanced at Park Zhenhe.
He wanted to see how Park Jin Hyuk would react when faced with such a huge amount of money.
Park Jin Hyuk said expressionlessly:
"Go on."
Guo Xiji glanced at Xuan Yizhu and several other team leaders sitting at the desk, and then continued:
"According to our calculations, if we want to raise 800 billion yuan, we need to issue 100 million new shares."
"With this 800 billion, our solvency will be no problem, right?"
"Yes."
"knew."
After saying that, Park Jin Hyuk stood up from his seat.
He reached out to Secretary Jin who was standing behind him and asked for his coat.
Xuan Yizhu asked him:
"Where are you going?"
"We can't decide on the capital increase. We need to report to the person who has the decision-making power."
"Are you going to see the president?"
"Yes."
"If you report, you'll need a written report, but it will take some time for us to complete the calculation of all the relevant data."
"The written report can be submitted later. I will go and give the oral report first."
Park Jin Hyuk asked Secretary Kim:
"Is the car ready?"
"We're ready. We've even informed headquarters."
"Then let's go and see what the president thinks."
*** *** ***
On the way to the headquarters,
Kim Jun-woo glanced at Park Jin-hyuk from time to time through the rearview mirror.
He looked calm and not nervous at all.
"Boss, are you okay?"
"What?"
"If we increase capital by allocating shares to shareholders, it will have a huge impact on the real estate industry and the entire group. Would the chairman agree to this?"
"Third-party paid capital increase and shareholder allotment capital increase have the same effect. Both methods can achieve the goal of expanding capital. They just take different paths. However, I absolutely do not accept third-party capital increase..."
"Talk to the chairman about asking the heavy industry or chemical subsidiaries to increase capital, right? Both subsidiaries are directly managed by the chairman, so wouldn't it be better if the real estate business was under their control?"
"Does that mean the chairman has to be in charge? I don't want that. The best way is for shareholders to issue shares and increase capital. The capital will be expanded, but the equity structure will remain unchanged."
Although he said so, Jin Junyu understood that this so-called best solution was actually the worst option.
Jin Junyu didn't know what the director was thinking.
He couldn't say what was in his heart, so he could only continue driving in silence.
After crossing the Han River, we soon arrived at the headquarters of DS Group.
Secretary Huang was already waiting for them at the door of the building.
"You're too polite. If others saw this, they would think the president's secretary was just sitting around doing nothing all day."
Secretary Huang not only came out himself, but also brought several staff members from the secretariat.
He stepped forward, grabbed Park Jin Hyuk's arm, and pulled him aside.
"Master! Is it true?"
"What's the matter?"
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