Chapter 66 He Can't Stay in DS Construction Anymore



After the reporter finished his question, everyone turned their attention to Hong Mingchen.

Faced with such a sharp question, Hong Mingchen said calmly:

"The questions you raise are all unconfirmed, so please be careful with your wording when reporting. If you publish false information based solely on speculation, we will hold journalists and media outlets legally accountable."

After hearing Hong Mingchen's answer, the scene suddenly exploded.

"Is what you just asked true?"

"Did DS Construction really reach some kind of cooperation with Dongjing Industry?"

"What exactly does DS Group plan to do with DS Construction?"

"Is the paid-in capital increase a measure taken to gain a more advantageous position during the merger?"

Faced with questions one after another, Hong Mingchen sorted out the documents and then turned and left the press conference.

This action, on the contrary, provoked a stronger reaction from the reporters.

Originally, these reporters came to attend the signing ceremony of the Qatar project, but now their attention is completely attracted by the issue of company merger.

Some reporters took out their phones and started contacting newspapers to report the latest news as soon as possible; others confirmed the reliability of the information they received through various channels.

Some reporters also carried their interview bags and left the press conference, preparing to return to the newspaper office as soon as possible.

Inside the conference hall, several DS Construction staff members kept reminding reporters to pay attention to the preparation of their reports, but no one was listening to them anymore.

*** *** ***

After a few days, the series of measures taken by DS Construction showed results.

In the chairman's office of DS Group, Park Jun-wan and Secretary Huang were also paying attention to the developments.

"The stock price has already risen to 15,000 yuan, and it looks like the momentum will continue to rise."

"Secretary Huang, is this guy really that capable?"

"He really did use some methods that ordinary people wouldn't think of. Vice President Park Soo-wan is probably speechless now."

"Now this result makes everyone happy, except Xiu Wan, right?"

“Yes, the issue price of the first round of paid capital increase was 8,000 yuan. According to the current trend, the issue price of the second round will definitely exceed the first round.

Anyone who holds DS Construction shares will benefit.”

Park Junwan nodded.

Based on the rising share price of DS Construction, Secretary Huang’s analysis makes sense.

"That way, there won't be any forfeited shares. Just like what that guy said, he won't need to invest any more money."

"Didn't you foresee this happening?"

"I foresaw that, but... to be honest, usually around 5% of shares will be forfeited, right?

Therefore, I estimated that Zhen He would have to invest 40 to 50 billion to subscribe to the forfeited shares, but I didn't expect... what is the current estimate?"

Secretary Huang looked through the analytical materials of DS Securities and replied:

“Based on the upward trend and expected future earnings, it is estimated that the number of shareholders who will forgo paid capital increases is around 0.01%, or even lower.

It can be said that most of the original shareholders accepted the paid capital increase."

"When I gave him the Qatar project, I didn't expect it to turn out so positively... Is the market response so positive just because of the merger?"

Faced with the president's question, Secretary Huang remained silent.

There have been rumors circulating about a merger between the two companies.

But this topic is too sensitive and cannot be brought up in front of Park Junwan.

Secretary Huang didn't look at the president, but lowered his head.

"Why did he have to... spread this kind of news?"

"I think the purpose is to help DS Construction out of its predicament."

"Out of trouble?"

"Yes, it is precisely because of this good news that we were able to successfully complete the paid capital increase without generating forfeiture shares."

Park Junwan tapped the newspaper on the table and said:

"That's... this kind of news is too much."

Although the company's name was not mentioned in the news, the eldest son of a certain group will bring his subsidiary company to join his mother's family. From such a report, it is clear that it is talking about Park Jin Hyuk, DS Construction and Dongjing Industry.

"Does it have to be this way?"

"President, please don't be angry. It may be a bit excessive for the young master to spread such news, but this is entirely for the sake of saving DS Construction."

"No way, he must be unaware of the consequences of doing this. A few months ago, he accepted shares in Dongjing Industry and now he's spreading this kind of news. He even said he wanted to sell his shares in DS. Could this really be unintentional?"

"So, what's his reason?"

Park Junwan pondered deeply.

"To prevent the creation of forfeited shares? No, the situation has developed to this point, and he can no longer stay in DS Construction. Doesn't he know that?

Things aren't that simple. Does he really want to take DS Construction and join Dongjing Industry?"

"How could the young master do that?"

"Haha, this guy also makes me worry about him sometimes."

"Worrying about the company's development is a good thing, right?"

Seeing that the president had a smile on his face when he said those words, Secretary Huang also responded with a smile.

"No matter what, we can't let this guy stay in Jianshe any longer, otherwise who knows what rumors will spread. However, his recent actions are indeed surprising, hahahaha!"

Park Junwan said this and laughed.

*** *** ***

On this day, the large conference room of DS Construction was full of people.

Including executives who remain after the organizational adjustment, newly promoted executives and all middle-level managers.

They are in a meeting to discuss the company's business and future development.

"After winning the Qatar Royal Project, our overseas engineering orders this year have already exceeded our target set at the beginning of the year. In the Middle East, we anticipate other projects after completing this project, so overseas orders for next year shouldn't be a major problem."

In the domestic market, in addition to carrying out DS Group's internal engineering projects, we are actively participating in various government tenders, and the volume of engineering orders is expected to increase."

Tick, tick, tick.

Although, someone in front was reporting his work seriously.

But Park Jin Hyuk, who was listening to the report, was distracted.

He was holding a pen and tapping the table while thinking about something.

The reason why he was like this was because of what happened in the Hirakura-do main family a few days ago.

It seemed simple, but it was tugging at his nerves.

Continue read on readnovelmtl.com


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