Chapter 431 If the capital increase fails, I will give up Qingyu



"Brown has been very popular lately, and people are saying that you supported Governor Brown and donated $200 million to his campaign."

"Has this matter been made public?" Park Jin Hyuk asked.

"Yes, Governor Brown has mentioned this more than once in informal settings." Xuan Yizhu glanced at Park Jin Hyuk. He expected his boss to be unhappy, as such matters were generally not something they wanted to be made public. "Two hundred million dollars is no small sum. It's likely to have broken the record for individual donations."

But Park Jin Hyuk showed no displeasure. "I understand now. Buchanan is extending an olive branch to me again in order to cut off the source of the problem and stop supporting Brown, even if it means offending the Sampoong Group."

"Are you interested in choosing Buchanan again?" Xuan Yizhu asked tentatively.

Buchanan was willing to give DS full support and the conditions offered were very attractive.

"I won't change, but I'm taking this opportunity to test Brown... You intentionally or unintentionally revealed to Brown that Buchanan had come back to me with very generous terms. You replied to Ambassador Greene that I was seriously considering Vice President Buchanan's proposal."

"Will this make Brown unhappy and cause him to give up cooperating with us?"

"No, unless he doesn't want the $200 million anymore."

*** *** ***

After Han Junhuan's death, Qingyu's stock price more than doubled, and institutions, individuals and foreign investors rushed to buy Qingyu's shares.

It has become a common knowledge that Park Jin Hyuk has officially declared war on Lee Jung Suk, and Lee Jung Suk is desperately trying to stop Park Jin Hyuk from making paid capital increases.

Today, Park Jin Hyuk plans to attend Qingyu's shareholders' meeting.

In the morning, Han Ji-yeon tied Park Jin-hyuk's tie and encouraged him: "You must defeat that woman."

"Why do I feel like you're sending me to the battlefield?"

"Yes, we must defeat her no matter what."

Park Jin Hyuk said with a smile: "For me, it is not difficult to defeat her."

"We can't be careless. That woman is very cunning."

"Don't worry, I have more tricks than her."

Han Ji-yeon escorted Park Jin-hyuk out the door. Park Jin-hyuk turned around and said, "Hurry back. It's still quite cold in the morning."

"When you have the results, remember to tell me immediately."

"Wait for my good news. I'm leaving now."

After saying that, Park Jin Hyuk got into the car, and Han Ji Yeon watched the car disappear in the morning light.

In the car, Jin Junyu turned around and said to Park Jinhyuk, "There will probably be a lot of media at today's shareholders' meeting."

"My last name isn't Han, and neither is Lee Jung-sook's. But we're fighting over Qingyu, so of course that's going to arouse people's interest."

As they were talking, Park Jin Hyuk's car arrived at Qingyu headquarters.

As soon as Park Jin Hyuk stepped out of the car, the presidents of the Qingyu subsidiary, led by Kim Sung In, came forward and bowed, saying, "You are here."

"President Kim, you're too polite." Park Jin Hyuk immediately stepped forward and supported President Kim Sung In.

"Now that Qingyu Group has lost its leader, we all hope that you will take on this role."

"I don't have such an idea," Park Jin Hyuk waved his hand quickly, "Let's go inside and talk."

As he said that, Park Jin Hyuk walked into the building with Kim Sung In affectionately.

As they walked, Park Jin Hyuk said, "Thank you so much for supporting me."

As they spoke, they walked into the lounge where independent directors and important shareholder representatives were resting and waiting for the meeting to begin.

As Park Jin Hyuk was shaking hands with the independent director, Lee Jung Suk said in dissatisfaction from the other side, "Didn't you see me?"

Park Jin Hyuk then turned his gaze to Lee Jung Suk. "I'm sorry, I really didn't see you." He then sat down next to his mother-in-law. "I heard that you've been trying to buy Qingyu shares recently, but the stock price has risen sharply. Can you still afford the inheritance tax?"

Park Jin Hyuk's words were heard by the directors and representatives of institutional investors in the lounge.

"In the past month, Qingyu's stock price has more than doubled, and there's still a month left... Instead of buying stocks, why not find a way to raise money to pay the inheritance tax? What do you think?"

"You don't need to worry about me. If things really don't work out, I can sell some of the inherited shares," Li Zhenshu said disdainfully. "Are you determined to win this paid capital increase?"

"I was just about to ask everyone here, do you support me in making a paid capital increase?" Park Jin Hyuk turned his gaze to the representatives of institutional investors.

However, no one stood up to answer Park Jin Hyuk's question. Is everyone pessimistic?

Seeing this, Li Zhenshu said, "See? No one agrees."

"So, Sanfeng can do it, but I can't, right?... Well, if that's the case, I respect everyone's opinion."

"What do you mean?" asked the representative of the institutional investor who had remained silent.

"If everyone objects, I am willing to accept this outcome and sell all of JH Investment's Qingyu shares."

"Sell them all?"

"Yes," Park Jin Hyuk turned to Lee Jung Suk and said, "Mother-in-law...if the capital increase fails, I will completely give up Qingyu."

"Are you threatening me?"

"How can this be called a threat?"

"What do you mean?"

"I plan to sell all the Qingyu shares I have, not only those held by JH Investment, but also those held by my wife. In that case, I believe the stock price will plummet, making it easier for you to buy stocks and take control of Qingyu's management rights." Park Jin Hyuk said frankly.

Li Zhenshu said disdainfully: "You are desperate..."

"Haha, you can't say that. You will never give up Qingyu, but that's not the case for me. Even if I give up Qingyu, it won't matter."

Park Jin Hyuk's words made everyone present feel uneasy.

Seeing Park Jin Hyuk's calm demeanor, Li Zhenshu was the first to get impatient and said, "Stop gloating!"

"Why? I gave up competing with you for Qingyu, isn't that good enough?"

"From what I understand, you invested a lot of money to acquire Qingyu's shares. Aren't you afraid of losing money if you sell Qingyu's shares?"

"Lose money? I haven't carefully calculated the cost of acquiring those stocks, but I'm afraid it's not that bad. If I lose money, then everyone here is probably in even greater danger."

If Park Jin Hyuk really sells all of his Qingyu shares, it will inevitably cause the stock price to plummet, and the representatives of institutional investors will become even more uneasy.

"Even if there are losses, it's nothing," Park Jin Hyuk added.

Lee Jung-sook had no way to refute this, as she had also heard that Park Jin-hyuk had just donated $200 million to a US presidential candidate.

"What I hate most is not losing money, but wasting energy on fruitless things. So if the paid capital increase fails, I will decisively give up Qingyu's shares."

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