Chapter 157 Zhao Chongxun, who doesn’t care

, “You know, the aid provided by the IMF is not so easy to get! The old man Zhao Chongxun thought that he could forcibly embezzle the aid with his previous majesty and status as the chairman. Little did he know that from the moment he accepted the aid, half of the management rights of Hanjin Group had fallen into the hands of foreign financial institutions!”

"We just need to hold them back for a while and consume as much of their aid as possible. When foreign financial institutions start to make trouble, we can watch a good show for free! You have to know that foreign bankers are not kind people. If someone dares to use their money to do their own things, they will not give up until they have eaten the other party alive."

As for the Zhao family of Hanjin Group? Zhao Zhongxun? They don't care who you are. Even if it is the newly appointed Mr. Da Zhong from Gaoli who comes forward, they still have to consider whether they are willing to give the other party some face.

Hearing Zhang Junfeng say this, Wu Mingxi and Li Fuzhen, who had been listening for a long time, suddenly brightened up. It seemed that this was the case! They were busy thinking about how to get the Hanjin Shipping shares held by other shareholders before Hanjin Group, and subconsciously ignored that the money in the other party's hands was not so easy to use! And the more they used it, the more serious the problem would be~!

Thinking of this, Li Fuzhen on the side said with a smile, "But I'm still more curious, when the people of Hanjin Zhao family find out that our target is the other two core subsidiaries of their group, will they be so angry that they have a stroke and go to the hospital, just like the former president of Hanjin Shipping, Zhao Nangao?"

"Hahaha! It's really possible. Even the elderly Zhao Chongxun might die on the spot in a rage~!" Zhang Junfeng fantasized with malicious intent. If possible, he would really like to see this happen. By then, the Hanjin Group would surely be in chaos, and he might be able to take advantage of the opportunity to seize the operating rights of Hanjin Group's Hanjin Land Transport and Hanjin Airlines.

Anyway, for those foreign financial institutions, if the agent of the company they invested in is not obedient, they can just replace him. As long as their interests can be protected and long-term considerable profits can be maintained, they don’t care at all about who will manage the company in the future! …

With the high-profile return of Zhang Junfeng, the founder of Galaxy Group, and the public announcement that he had raised more than 1 billion US dollars in cash flow to deal with the battle for the management rights of Hanjin Shipping, and even eyeing Hanjin Hanjin Airlines and Hanjin Land Transport, the heads of major companies in Goryeo and the staff of the Ministry of Planning and Finance were all shocked! If Galaxy Group really took a strong move as Zhang Junfeng said and launched a reverse acquisition of Hanjin Group, then Hanjin Group would suffer heavy losses! With the little aid Hanjin Group received, it would be difficult to balance the acquisition of Hanjin Shipping shares and the management rights of its other two core subsidiaries. If it is not done well, it may not be possible to keep a company! ...

Hanjin Group, in the president’s office.

Listening to the latest situation reported by the assistant, the representative of Galaxy Group next to him frequently contacted the shareholders of Hanjin Shipping, Hanjin Aviation and Hanjin Land Transport. The circulating stocks of these three companies in the market were being bought up by institutions in large quantities. This series of news made Zhao Chongxun shocked and angry! "Ashiba! This damn Zhang Junfeng, where did he get so much money?!" The angry Zhao Chongxun slammed the coffee table heavily, and the teacups placed next to him were splashed by the sudden vibration.

"...Father, what should we do next? If we sit back and do nothing, the other party is likely to acquire enough shares in a short period of time and then initiate an extraordinary shareholders' meeting. By then, the operating rights of Hanjin Airlines and Hanjin Land Transport will change hands!" The boss Zhao Liangzi was also extremely anxious at this moment. He had never expected that the people of the Galaxy Group would be so fierce and directly counterattack the two subsidiaries of their group! Since the confrontation with the Galaxy Group, Zhao Liangzi ordered his subordinates to conduct a detailed investigation of the newly established Galaxy Group, Comet Capital, and Zhang Junfeng. But the results he got shocked him! According to the information obtained, the funds of Comet Capital are outrageous~!

In a short period of time, they successively took over KB Bank, Five Star Department Store and Shilla Hotel under Five Star Group, Hanjin Shipping under Hanjin Group and Amore Cosmetics Company under Amore Group, snatching food from the Blue House and three large enterprises in one go. They are still able to live so comfortably, which shows that they are fearless!

The little bit of aid they got from selling shares in their subsidiary is not enough to fight on three fronts. They should be thankful if they can keep the operating rights of a company!

"Brother, you are too worried! The Galaxy Group has mobilized a cash flow of 1 billion US dollars, so what? Our Hanjin Group is not something that can be provoked by such ignorant guys like them!"

Compared to the eldest brother Zhao Liangzuo's caution, the second brother Zhao Xiuhao was a little disapproving. He even felt that their Hanjin Group was now backed by a foreign financial institution such as the IMF. Young people like Zhang Junfeng who were ignorant of the immensity of the world were just trying to hit a rock with an egg and overestimating their own capabilities~!

After hearing the second son Zhao Xiuhao praise himself and belittle his opponent, Zhao Zhongxun, who was originally furious, was relieved. In his opinion, Zhang Junfeng, the rising star, just made more money. At best, he was just bluffing. How could he really cause any harm to their Hanjin Group! Zhao Zhongxun was still very persistent and asked his two sons to continue the previous acquisition plan and must take over the management rights of Hanjin Shipping in the shortest possible time. He wanted to see how their Galaxy Group would have the face to shout in front of him when the temporary shareholders' meeting was held and the change of ownership of Hanjin Shipping was approved? !

…

Looking at his resolute father Zhao Zhongxun and his brainless second brother Zhao Xiuhao, Zhao Liangzi couldn't help but sigh. These two guys were obviously crazy! Others might not understand the interests involved, but father Zhao Zhongxun and second brother Zhao Xiuhao were really confused!

The aid they are using now was obtained by transferring a lot of shares of the core subsidiaries of the group. If the aid is used up in order to obtain the operating rights of Hanjin Shipping, what should they do next? Moreover, the Galaxy Group has more than 1 billion US dollars. Are they really just bluffing and will not really take action against Hanjin Airlines and Hanjin Land Transport?

(End of this chapter)