Chapter 221 Paying tribute to the artist is to imitate his paintings(2/3)
The additional 30% of the shares acquired were acquired at a premium of 10% based on the original valuation of 8 million Swiss francs.
For this part you need to pay CHF 2.64 million.
A total of 5,304,000 Swiss francs needs to be paid.
In addition, our bank will also charge 1% of the transaction amount as intermediary service fee.
You don't need to pay Mr. Givens' part, you only need to pay the other 30% of the intermediary service fee." Annabell clicked on the calculator and said.
"Very good!" Zhang Junping nodded.
Annabel's work efficiency is very high, and the trait of capitalists who are desperate for money is also fully exposed.
"Sell all the gold futures contracts for me."
"all?"
"right!
Deposit the money into this account!" Zhang Junping took out the digital age company account and handed it to Annabel.
"Mr. Zhang, don't you want to acquire shares in the textile factory? How..."
"Miss Annabelle, it is impossible for me to acquire these shares in my own name.
I can only make acquisitions in the name of the company, can you understand this?" Zhang Junping said with a smile.
"Understandable!" Annabel showed an ugly smile.
The problem of overdue repayment of a loan of 500 Swiss francs was solved, but another customer with a deposit of 9 million US dollars was lost.
Annabell didn't know whether to be happy or sad.
"Mr. Zhang, what I mean is that you don't need to go to so much trouble.
You can definitely open another public account in our bank, and then purchase textile factories through this public account.
Our bank can help you with all the procedures for opening an account without wasting your time." Annabel approached Zhang Junping carefully, exposing her Himalayan peaks directly under Zhang Junping's eyes.
"Miss Annabelle, I don't want to use the digital age to acquire such a company.
Instead, we are planning to use another subsidiary of Digital Times Holdings to acquire it.
Therefore, it is better not to trouble Miss Annabell.
However, I am still very satisfied with Miss Annabell's service.
So, Jiamei Textile, oh, this is the newly acquired textile factory, I think I have the right to change the name, right?"
"It's absolutely okay. You have complete control over this company." Annabell nodded and affirmed.
"I still plan to place the public account of Jiamei Textile in the Union Bank of Switzerland." Zhang Junping said with a smile.
"Thank you, Mr. Zhang, for your trust." The smile on Annabel's face finally became natural.
"Then, let's start now! Complete the acquisition as soon as possible so that I can continue to travel around the world." Zhang Junping reminded with a smile.
"Okay, wait a minute!" Annabel hurried out to handle various procedures for Zhang Junping.
This time it was more troublesome. I had to sell the gold futures contract first, and then transfer the money across banks to the digital age account.
Fortunately, this is Zurich, the banking capital.
Mitsubishi Bank of Japan has a branch here.
Even so, it took a day for the funds to enter the digital age account.
This is the result of a large customer who handles special matters.
Ordinary customers, just wait.
It takes seven working days to get to know it, and thirty working days to get familiar with it.
When it comes to accounts in the digital age, Zhang Junping needs to go to Mitsubishi Bank himself to complete the next operation.
Zhang Junping is also a VVIP customer at Mitsubishi Bank.
A vice president of the branch personally received Zhang Junping.
After some operations, the money was transferred to Jiamei Financial's account step by step.
Finally, the acquisition of 67% of the shares of the textile factory was completed.
After completing the acquisition, Zhang Junping came to Favali Textile Co., Ltd. accompanied by Givens.
Givens Favalli is one of the founders of this company and owns 47% of the company's shares.
After selling 37%, I still own 10% of the shares.
The other two founders and minority shareholders were eliminated in this acquisition.
Zhang Junping did not speak during the meeting.
Instead, he went directly to the chairman's office with Givens and two other shareholders.
“The next thing I will forget is the company’s $3 million capital injection.
You can all invest together or not, I won’t force you to do this." Zhang Junping said his plan straight to the point.
The three shareholders of Givens looked at each other. They did not expect that Zhang Junping would be so strong and would inject capital at the first meeting.
Still three million.
Once they do not follow suit, their shares will inevitably be diluted.
"Chairman, the company is running well now and does not need capital injection at all.
In other words, what plans does the chairman have, can you tell us about it?" Givens asked on behalf of everyone.
"I plan to expand the scale and expand it more than ten times on the existing basis."
"Chairman, although the current market still has room for growth, if it expands tenfold, the market will be completely unable to bear it.
In addition, your three million is not enough to support a tenfold expansion." Givens persuaded with difficulty.
Although the company is what it is today, it is entirely his own creation, but after all, he founded this company with his own hands.
After twenty years of development, we have reached today's situation. Just like his own child, he doesn't want to see him destroyed.
If that's the case, even if Zhang Junping has complete control of the company, he will do everything possible to fight it.
"Mr. Givens, don't worry.
When I say tenfold expansion, I don't mean expansion in Zurich.
As you said, although there is still room for growth in the European market, it has become saturated.
Why can't we look further ahead?
Such as the East!
China is my hometown. It is a huge country and a huge market.
Three million is enough to purchase textile industry equipment.
There is no need to spend money on land there, and workers' wages are ten times higher than in Zurich.
Think about it!
The huge market has not been discovered yet, so it is the best time for us to enter.
There is gold everywhere, and you don’t have to bend down to pick it up, someone will help you and stuff the gold into your pocket." Zhang Junping described the future prospects seductively.
"Chairman, is it really that good? Is there gold everywhere?" A small shareholder couldn't help but swallowed his saliva and asked.
"Of course, with the capital injection of three million, plus the money from previous acquisitions, I have invested nearly nine million U.S. dollars in real money.
If the company goes bankrupt, I will suffer the biggest loss!" Zhang Junping said solemnly.
"Okay, I agree with the chairman's plan, and I will invest!" the youngest shareholder, who had been silent until now, suddenly said.
"David, you will be proud of your decision today! This will be the wisest investment in your life.
Mr. Givens, Mr. Martin, what about you?
If you feel that my plan is not reliable, you can also choose to sell your shares to me.
According to the original valuation, I will buy it at a premium of 10%." Zhang Junping looked at Givens and Martin.
Zhang Junping's words have made it very obvious. Now it is no longer a question of whether you follow the investment or not.
It's about whether you agree or disagree with the plan.
If you agree, everyone will continue to play. If you disagree, you will be eliminated.
As for that, I won’t join the investment and I won’t sell my equity.
Then Zhang Junping welcomes it even more, because this is equivalent to lending your hundreds of thousands or millions to the company without interest.
As long as Zhang Junping is willing, he will never get any dividends in his life. Although he owns 10% of the shares, he can apply for dissolution of the company.
However, if they do not follow the investment, this investment will directly cause their shares to fall below 10%.
Zhang Junping will not give them a penny of dividends from now on.
To be continued...