Chapter 1080 Affiliates
"Do you really want to report?"
The agent's expression was a little hesitant: "But this will be very unfavorable to us."
To be precise, it is very unfavorable to Clive Hammond. He speculated that once the report is submitted, it is likely to leak within one day.
This is not because the Federal Security Agency's lack of confidentiality, but because this matter obviously involves an infighting involving two major groups within the federal government and even multiple parties.
At this time, many people within the General Administration were watching this case. Even if they risked losing their posts, they would never be stingy with throwing this report to various news media.
Some people will definitely do anything to involve a large force, several large chaebols, or even a political party.
But as far as he knows, there is probably a shadow of the Grimes Group behind his boss.
"I know what you are worried about, but I think you got two things wrong!"
Clive leaned his back to the seat and looked at the newly appointed assistant in front of him: "First of all, we can't hide this secret account, nor should we hide it. Once the media knows from other channels, we will be in an extremely passive situation. Secondly, we are not just knives in the hands of others. Knives do not have their own will, but we have. Learning how to better protect ourselves is the excellent quality of a federal agent!"
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Zhang Xin's ship arrived at the Shenting Star 1 port at 5 a.m. on Monday.
Back to this Shenwei Zhang family's base camp, Zhang Xin did not feel any relaxed, just because there were still several tough battles to fight in the next week.
So when Zhang Xin arrived at the ground through a private transportation boat, he went straight to the headquarters of Weiyan Holdings.
It wasn't working hours at this time, but he found that Ellie Brad and many other employees were in place.
"I had already contacted Optical Bank and Viagra Bank long before the announcement was issued on Friday. They had made a promise that at most 8:30, before the stock market opened, all 2.5 billion federal funds would be in place. This time, the Optical Finance Company, which is responsible for the privatization operation, is our subordinate Optical Finance. As you can see, Optical Finance has drawn the elites in the company and formed a top-level M&A team to be responsible for trading."
Ellie Brad pulled out a light curtain in the chairman's office, and could see dozens of capable-dressed men and women sitting in front of a comprehensive office terminal with a solemn expression waiting.
"When working hours arrive, the holding company will sign a entrusted contract with Optical Finance Company and notify the Federal Securities and Exchange Commission to launch a privatization acquisition immediately. In addition, legal counsel, following the chairman's advice, we did not choose Swire, but Gukang Law Firm."
When Ellie Brad said this, he saw Zhang Xin's face showing satisfaction.
She looked at this person with some curiosity. After all, after a few years, she saw Zhang Changzhi's real person again. She found that the latter's appearance was not exactly the same as in the image.
The main reason is that his extraordinary manners in terms of temperament and his powerful aura without anger. If it is just a holographic projection, it cannot be fully displayed.
Ellie Brad was very curious about what this person had experienced outside the Federation? How could a person have changed so much in just a few years?
"very good!"
Zhang Xin crossed his hands and quickly browsed the various contract documents in front of him, provided by Ellie Brad.
"So when do you expect to complete the acquisition of 12% of the outstanding shares?"
According to the Federal Company Law, to pass a privatization resolution in the general meeting of shareholders, more than 75% of the voting rights of the independent shareholders attending the meeting must agree, and the vote against shall not exceed 10% of the voting rights of all independent shareholders.
At this time, even if Zhang Xin holds a shareholders' meeting, all shareholders may not be present.
But in order to ensure the success of this delisting, Zhang Xin felt that it would be more appropriate to hold more outstanding shares in his hands.
"Of course we will use the shortest time to sweep away the outstanding shares on the market to cooperate with the adoption of the delisting resolution."
Ellie Brad still looked at Zhang Xin with an inquiring look: "But I can't guarantee anything. After all, there are too many unpredictable factors at this time. I can only guarantee that we will be able to acquire about 5% of the outstanding shares before the shareholders' meeting is held."
"Five percent? That's almost the same. How's the reaction outside now?"
"The media is naturally not optimistic. All financial programs are sarcastic and critical attitudes towards your actions by the Chairman. However, the reaction of investors is pretty good. I think that although your ability is not very good, at least it has inherited the kindness of Shenwei Zhang. They are very satisfied with your privatization plan."
"But the kind people they call are now treasons who are treasons pointed out by thousands of people in the federal government."
After Zhang Xingang finished speaking in a sarcastic tone, he noticed that the last document given to him by Ellie Brad was a list of signs the changes in the share prices of all subsidiaries of Shenwei Group on Friday.
"Does Ms. Brad want to remind me of this chart?"
The consequences of the complete resignation of Scarey Zhuangxiong and Shenwei Transportation Company's backbone are far more than just the stocks of the transportation company being cut in half. The stock prices of other subsidiaries are also falling across the board due to this.
Judging from this list, it has indeed fallen a bit bad.
In fact, Zhang Xin also paid attention to it before, but the brief decline in the market value of these subsidiaries is not enough to shake Shenwei Group.
Once the White Knight announces joining Shenwei Transportation, this storm will be easily ripped off. So in his opinion, this matter does not need to be paid attention to.
"I want to say, it's obvious that someone is manipulating it, and the amount of funds the other party can use is quite large,"
Ellie Brad nodded slightly: "I think their purpose is not a subsidiary under Weiyan Group, but some important affiliates in the upstream and downstream of our industry. You should know that although our group guarantees a relatively safe controlling stake in all its subsidiaries, other affiliates may not be necessary. Once there is a problem with these companies, it may affect the entire industrial chain. For example, this Shenyue Rare Earth Company occupies at least 20% of the rare earth production in Guangcheng Star Domain. Now its management is one of the branches of your Shenwei Zhang, the problem is that they only occupy less than 22% of the shares in this company. Now, due to the decline in the overall market value of Weiyan Group, their stock price has also fluctuated."
Zhang Xin's face gradually turned solemn. He checked some suppliers of Shenwei Semiconductor and found that this Shenyue Rare Earth Company was indeed among them. Not only did it provide about 12% of rare earth raw materials for Shenwei Semiconductor, it also had several very rare and rare sources of goods. Among all suppliers of Shenwei Semiconductor, it ranks third.
Seeing this, Zhang Xin couldn't help but shake his head. Why do you feel that this majestic group is full of flaws?
Although Shenyue Rare Earth is not a serious problem, once it is taken down by the other party, it will be a big and small trouble after all.
In fact, if he had funds, he would now want to acquire the equity of some of these companies at a low price. But the problem is that now, major banks are cautious about financing and lending from Weiyan Group.
Chapter completed!