Chapter 69 The Proud Zhao Nangao
"And didn't you notice that the boss' attitude towards this matter was not as serious as before?"
Listening to Wu Mingxi's advice, Wu Xiuying finally realized the change in Zhang Junfeng's demeanor. It seemed that her cousin was much more observant than she was! "Then what should I do next..." Wu Xiuying was a little confused and didn't know what to do for a moment.
"The next step is to continue to organize and familiarize ourselves with the information of the shareholders of Hanjin Shipping! As for the acquisition of the entertainment company, as long as the boss doesn't mention it again, this matter will be over!"
Wu Mingxi's words quickly untied her knot. Instead of dwelling on the past, it is better to look to the future, do things well in the future, and use future success to cover past failures! Wu Xiuying, who had figured it out, seemed to be relieved and showed a long-lost smile, "Thank you Mingxi Oppa, I will work hard to prepare the information and will not fail again!"
"Then I look forward to your performance, come on!" Wu Mingxi nodded with a smile.
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On Tuesday morning, Hanjin Shipping's extraordinary general meeting of shareholders was held as scheduled.
Zhang Junfeng, Wu Mingxi, Wu Xiuying and KB Bank representative Park Yuquan came to the shareholders' meeting and waited for the results of the meeting.
Many people were quite curious about the people from KB Bank. Most of the other companies and individual shareholders attended with one or two people, but why did they have four or five people? The representatives of large companies who had a vivid memory looked at Zhang Junfeng, a familiar young man, several times, and whispered to the people around them with some uncertainty. It was obvious that the other party might have recognized Zhang Junfeng's special identity as the son-in-law of the Five Star Group.
…
As time approached, the meeting time officially arrived. The subordinate reported the situation to Zhao Nangao. Most of the company's shareholders had arrived, and only a few small shareholders were not present.
Zhao Nangao nodded and glanced with a complicated expression at Zhang Junfeng who was still whispering with Wu Mingxi in the distance. The anger in his heart was beyond words.
…
Two days ago, after Zhang Junfeng brought people to the house to collect debts, he asked someone to find out the other party's detailed information, and at the same time, he went home and severely scolded his beloved daughter Zhao Xianwan who was overly spoiled by his wife.
However, Zhao Xianwan had never thought that the man she humiliated at that time would actually be the son-in-law of the Five Star Group. Even so, she still did not think that there was nothing wrong with her behavior. After all, he was just a son-in-law, so what if she insulted him? !
But when Zhao Nangao told her that the man whom she insulted and looked down upon had brought people from KB Bank to collect the debt, and even specifically stated that he was coming for her, Zhao Xianwan!
Moreover, if Hanjin Shipping cannot repay the loan, they will convert the loan into company shares, diluting his shares and shaking his management rights as the president. Zhao Xianwan panicked!
The reason why she is so arrogant is because her father is the president of Hanjin Shipping and her grandfather is the chairman of Hanjin Group? !
Once her father lost the right to operate Hanjin Shipping, her proud life would be gone in an instant. As for whether her grandfather Zhao Chongxun would hate her because she was the "culprit" who caused her father's failure, it was hard to say! But now that things have developed to this point, what's the use of regretting? How could the other party accept reconciliation after insulting them so harshly? She could only bite the bullet and hold on, and face the other party's revenge! ...
When Zhao Nangao announced that he would convert the huge overdue loan from KB Bank into the company's shares, people in the conference hall began to talk about it. Although they had long known that Hanjin Shipping's financial situation was quite bad, they never imagined it would be so bad!
Moreover, KB Bank's actions really exceeded their expectations! Although this large loan is undoubtedly a bad debt! KB Bank converted this bad debt into shares of Hanjin Shipping. Isn't it afraid that after being deeply tied to Hanjin Shipping, if it is not careful, the loss will be even greater? !
Although they were puzzled, their attitudes were very tacit when they expressed their opinions. Since the other party took the initiative to jump into the pit, they had no reason to refuse, right? Anyway, there was nothing wrong with having more "brothers in distress" who lost money and suffering together! …
After Zhao Nangao announced that the vote was passed, the huge loan owed to KB Bank was converted into 18.5% of Hanjin Shipping's equity, and KB Bank successfully became one of the top four shareholders of Hanjin Shipping! Seeing that the matter was over, Zhao Nangao, who was in a bad mood, was about to announce the end of the shareholders' meeting. At the suggestion of Zhang Junfeng, Park Yuquan, a director of KB Bank, stood up and raised an objection!
"Wait a minute! Taking advantage of this extraordinary shareholders' meeting, we, KB Bank, propose to remove the current president Zhao Nangao and elect a new president to lead Hanjin Shipping out of its current predicament!"
Hearing Park Ok-kwon's sudden proposal, there was an uproar at the scene. Most people did not expect that KB Bank's backstab would come so quickly! Zhao Nan-gao had just announced that KB Bank had become a shareholder, and the proposal to replace the company's president the next second was like a sharp dagger stabbing directly into his back! Zhao Nan-gao's eyes widened, and he angrily denounced Park Ok-kwon's shameless behavior, wishing to beat this bastard on the spot! But Wu Mingxi, who had been prepared, stood up and spoke in support of Park Ok-kwon. According to the domestic corporate management law, Director Park's behavior was completely legal and compliant, and there was nothing wrong with it.
Zhao Nangao's blood pressure soared due to the stimulation. He glared at the two of them angrily, then suppressed his anger and continued with the second round of resolution.
In his opinion, the main purpose of KB Bank's eagerness to jump out and do this at the shareholders' meeting was to humiliate him as the chairman and to "avenge" Zhang Junfeng.
But the next voting session made him dumbfounded! The representative of Shinhan Bank, the second largest shareholder who was supposed to support him, actually voted in favor! In addition, several small shareholders who ranked lower also voted in favor!
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
After on-site statistics, the number of votes in favor reached 45.7%, just 4.4% away from passing this proposal! This thrilling scene made Zhao Nangao breathe a sigh of relief. It seemed that he underestimated the power of KB Bank and the son-in-law of the Five Star Group! It turned out that he had received so much support in such a short time!
"Hmph! Even if I won over so many people, this vote still didn't pass?! Do you really think that after running Hanjin Shipping for so many years, I have no connections or relationships with the company's shareholders?!" Zhao Nangao thought with some pride when he saw the other party's "conspiracy" fail.
(End of this chapter)