Chapter 158 Zhao Liangzi's Decision

Only these two "pig teammates" with low IQs would think of such a naive thing, right? !

Once the people of the Galaxy Group succeed, even if the Hanjin Group has tried their best to regain the operating rights of Hanjin Shipping, what will happen? If they lose Hanjin Airlines or Hanjin Land Transport, or even lose control of these two companies in succession, then their Hanjin Group will probably fall apart! However, it is his father Zhao Chongxun who is in charge of the Hanjin Group now. Even though Zhao Liangzi is the eldest son and manages Hanjin Airlines, he still cannot influence the decision of his father as the chairman. After sighing, he didn't say anything more. He just prayed silently in his heart that the subsequent development of the situation would not be as bad as he expected.

…

In the following days, representatives and staff from both Hanjin Group and Galaxy Group frequently met with shareholders of Hanjin Shipping, Hanjin Airlines and Hanjin Land Transport to discuss share transfers.

The first to successfully negotiate and sign the share transfer contract was Woori Bank, one of Hanjin Land Transport's major shareholders. Woori Bank, which was originally eager to recover funds to ensure the bank's capital turnover, finally sold its 7.6% stake in Hanjin Airlines at a premium of 12% after repeated persuasion from Wu Mingxi, a representative of Galaxy Group! The news that Galaxy Group successfully won 9.6% of Hanjin Land Transport's shares soon caused an uproar. They originally thought that the fight between the two sides would be difficult to decide for a while, after all, it involved three large companies, and the funds involved were as high as more than 1 billion US dollars! But they never expected that Galaxy Group would directly use money to hit people this time and take the lead in gaining a certain advantage.

Afterwards, under the command of Zhang Junfeng, the staff of Galaxy Group continued to keep in touch with the operators of the securities company, and made sure to acquire all the stocks of Hanjin Land Transport and Hanjin Airlines circulating in the market in the shortest possible time. This also caused the stock prices of these two companies to rise sharply in a short period of time.

The executives of Hanjin Group who received the news were in a state of panic. They had never expected that the Galaxy Group would be so unethical! Lobbying shareholders to sell their shares while aggressively sweeping the stocks circulating in the stock market, this kind of determination to win was difficult for them to deal with!

Chairman Zhao Chongxun's face was also quite ugly at the moment. He had never expected that Zhang Junfeng would actually take action against their Hanjin Land Transport and Hanjin Airlines! And according to the accurate information from his subordinates, the Galaxy Group's actions were quite fast. In just a few days, they had already acquired 31.2% and 25.4% of the shares respectively! On the other hand, Hanjin Shipping's progress was much slower. The representatives sent out seemed to be stalling for time, and they were not as fast and ruthless as they acquired the shares of the other two companies.

"Father, we can't go on like this! If we continue to fight for the operating rights of Hanjin Shipping, we will most likely be taken advantage of by the other party and lose the operating rights of Hanjin Land Transport and Hanjin Airlines."

The one who spoke was Zhao Liangzuo. He couldn't sit still anymore. If he continued to let it go, Galaxy Group's shareholding would definitely exceed Hanjin Group. As for foreign financial institutions, although there was no movement yet, it would be too unreliable to put all the final hope in the hands of those guys! ! Zhao Xiuhao, the second-in-command, also had a gloomy face at the moment and didn't say much.

He also didn't expect that the Galaxy Group, which he hadn't taken seriously before, would act so quickly, seemingly acquiring the company stocks of Hanjin Land Transport and Hanjin Airlines at all costs. As for Hanjin Shipping, it was like a "bait" thrown to them, leading them to tie up a large amount of funds in it, thus missing the great opportunity to repurchase the shares of the other two companies.

Now that the situation has developed to this point, if they want to turn around and buy back their own company's shares, there should still be room for rescue! However, Hanjin Shipping's acquisition is definitely not going to continue, after all, they only have so much aid funds on hand.

After weighing the pros and cons, Zhao Xiuhao proposed to Zhao Chongxun in a low voice that he should give up the acquisition of Hanjin Shipping's shares and buy back Hanjin Airlines and Hanjin Land Transport's shares as soon as possible. Only in this way can he ensure that his "base camp" will not be successfully attacked by the other party!

Zhao Chongxun was furious when he heard that his two sons were actually opposing his decision. He was the founder of the group, and it was he who divided these companies among his sons for management. But now his two sons wanted to go against him, and for their own little interests, they completely ignored the interests of the entire group. They were simply unfilial sons!

But just when Zhao Chongxun was about to scold his two sons, the eldest son Zhao Liangzi spoke first, "Father, the reason why you are so persistent in taking back the management rights of Hanjin Shipping is because of that good-for-nothing third son, right? But it was clearly him who lost Hanjin Shipping, so why should he make us pay the price for his incompetence now?!"

"Losing Hanjin Shipping may be a heavy blow to the group, but once we lose the operating rights of Hanjin Airlines and Hanjin Land Transport, the second brother and I are very likely to repeat the mistakes of the third brother. By then, the entire Hanjin Group will be without the support of three core subsidiaries. What's the difference between Hanjin Group and an empty shell?!"

Hearing the eldest brother Zhao Liangzi accusing him, Zhao Chongxun widened his eyes and stared at this rebellious son in disbelief. He was so arrogant! Just when he was about to stand up and scold, or even punish this rebellious son, the second brother who had flattered him before also stood on the side of the eldest brother Zhao Liangzi, and bluntly said that if he didn't continue, Zhao Chongxun was very angry. Zhao Chongxun, whose blood pressure soared sharply, soon leaned on the sofa in pain, gasping for breath.

Upon seeing this, Zhao Liangzi immediately asked his assistant to bring antihypertensive drugs for Zhao Chongxun to take, and then ordered the other party to immediately contact the hospital to arrange an ambulance and have them send someone to take Zhao Chongxun away.

The assistant was a little overwhelmed at first, but when he saw Zhao Liangzuo staring at him fiercely, as if he would take action against him if he dared to say no, the assistant had no choice but to do as he was told.

When the second brother saw that the eldest brother Zhao Liangzuo took the opportunity to attack and wanted to send Zhao Chongxun to the hospital, he finally reacted. He looked at the other party in surprise and was about to speak, but Zhao Liangzuo threatened him first, "Under the current situation, we can only get through this by sending father to the hospital for temporary custody while the two of us raise funds to buy the company's stocks!"

"Otherwise, if we continue to let my father do this, the entire Hanjin Group will probably fall apart!"

Hearing what Zhao Liangzhao said, Zhao Xiuhao hesitated for a moment before nodding heavily to show his agreement.

(End of this chapter)

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