Chapter 770 Yang Ming Does Not Support the Restructuring Plan of Jianing Group!

The collapse of the Jianing Group caused a sharp drop in Hong Kong's stock market, and Hong Kong's real estate was further implicated and fell further.

However, before the Jianing Group completely broke out, almost all the relevant people were taken away by the ICAC for investigation, including the relevant business information.

In fact, compared with the history, when the Jianing Group was to be investigated, it was much easier. The main relevant people, Ibarashi and John. Winsba, were alive and well. In this case, the two also knew that Chen Songqing needed their lives. The only way for them to survive was to expose all the financial crimes of the Jianing Group.

The news about the collapse of the Jianing Group affected Hong Kong for more than a month. Hong Kong's media newspapers and television stations have been reporting on this company.

Yang Ming lived a particularly relaxed and comfortable life.

November 19, 1982.

Friday.

Yang Ming had just got off work from the Empire Group and took a car back to the villa.

When he got out of the car, Lin Dezhong came over and said, "Boss, Chen Songqing's daughter is here to see you."

Chen Songqing's daughter?

Yang Ming was a little surprised.

Yang Ming knew that Chen Songqing's wife was Gao Jingwan, the eldest daughter was Chen Wanling, the second daughter was Chen Xiuling, and the third daughter was Chen Meiling.

Among them, most of the shares of Jianing Group were in the hands of these four people.

If Jianing Group had not fallen, those shares would still be very valuable.

Now there is nothing.

Yang Ming and Lin Dezhong came to the garden and saw a young woman with long hair and a skirt standing there blowing the wind.

These days, Hong Kong newspapers have reported on Chen Songqing's family.

About his three daughters, it is not too mysterious.

Now, when Yang Ming saw Chen Meiling, he recognized her identity at a glance.

"Miss Chen, Young Master Yang is back."

Lin Dezhong said.

Chen Meiling turned around hurriedly and saw that it was really Sir Yang.

"Hello, Sir Yang."

Yang Ming just nodded.

He didn't know why Chen Meiling came to see him now.

"Sir Yang, I'm here to see you on behalf of my father. I have something very important to discuss with you."

Yang Ming knew that the law in Hong Kong was like that. No matter what serious crime one committed, as long as one had money and could afford a senior lawyer, not only would one not die, but one could still live well.

In history, Chen Songqing ordered people to kill two very important people in a row, and he only spent a few years in prison in the end.

After he came out, he was still a rich man and still lived in a villa.

This is indeed very different from other places.

"Miss Chen, what do you want to say?"

Chen Meiling looked at Lin Dezhong on the side.

Lin Dezhong also left here.

"Sir Yang, my father has not come out yet, but my father is very ambitious. He believes that as long as he gets the support of Sir Yang and the Empire Group, he will be able to restore the Jianing Group. My father hopes to let the Empire Group intervene and reorganize the Jianing Group."

Reorganization?

Yang Ming smiled.

It seems that Chen Songqing still did not give up.

In history, Chen Songqing actually had two reorganization plans.

One was in history. On January 2, 1983, the Carrian Group announced that its three listed companies, Carrian Properties, Vinda Shipping and Chang Life Insurance, would be suspended from trading, restructure debts, cancel the plan to issue 500 million Hong Kong dollars of preferred shares, and instead proposed that the parent company Carrian Group inject 250 million Hong Kong dollars, and HSBC Bank would provide Carrian with a secured current overdraft of 250 million Hong Kong dollars under certain conditions.

On February 6 of the same year, Carrian announced the appointment of Hengbao Finance and Waldo as representatives to discuss the restructuring plan with creditors including more than 70 banks and financial companies.

At that time, Carrian even hired John Bao, the former vice chairman of HSBC, from Country Y as a representative of the creditor bank at a monthly salary of 100,000 Hong Kong dollars and joined the Carrian board of directors.

Carrian's debt restructuring was formulated according to the classic principle of replacing debt with equity, and debt was reduced by selling its subsidiaries.

However, the success of the plan was always slim.

During this period, a sudden murder case completely shattered Carrian's hope of restructuring.

It was Ibarahi, one of the key figures, who was killed by Chen Songqing.

So since Chen Songqing wanted the Jianing Group to restructure, why did he send someone to kill Ibarahi?

Later it was confirmed that at that time, Chen Songqing cooperated with Yumin Finance to try to obtain assets for his company outside the debt restructuring plan.

The Jianing Group owed more than 10 billion Hong Kong dollars to financial institutions such as Yumin Finance, HSBC, and Wardley.

Chen Songqing and Yumin Finance attempted to conceal the total debt of Jianing, especially the debt of more than 4 billion Hong Kong dollars owed to Yumin Finance, so that the restructuring could proceed.

Is it possible for a person like Chen Songqing to restructure the Jianing Group under such circumstances?

He had seen through the Jianing Group and Chen Songqing a long time ago.

"Sir Yang, as long as you and the Empire Group agree to restore the restructuring of the Jianing Group, my father is willing to agree to any conditions. Even, let the Jianing Group become a subsidiary of the Empire Group."

Chen Meiling looked at Sir Yang and said.

Yang Ming sneered.

He wanted to swallow up the Jianing Group, but he didn't want to take over the huge debt of the Jianing Group.

With a debt of more than 10 billion Hong Kong dollars, it would not make much sense to acquire or restructure a company with low value.

What's more, Chen Songqing is now using the reputation of Yang Ming and Empire Group to restore Jianing Group, and even let Jianing Group restructure and then reduce the debt.

Is this possible?

"Ms. Chen, in my eyes, Jianing Group is not worth restructuring."

"Sir Yang, as long as you agree, I am willing to agree to any conditions!"

After saying that, Chen Meiling looked at Yang Ming, her face blushing, as if as long as Yang Ming was willing, she would go all out.

Yang Ming found it even more funny.

"Sorry, I don't lack women, not to mention that you are not a beauty."

"You."

"Do you think you are worth more than 10 billion Hong Kong dollars?"

Chen Meiling was speechless.

In addition, Chen Songqing, who dares to kill people, what else is there that he dares not do? Yang Ming really doesn't want to contact such a person.

If Chen Songqing had done it down to earth at the beginning, I am afraid that he would be one of the richest Chinese tycoons in Hong Kong now. However, he has always thought of doing it through fraud, which is definitely impossible to last long.

"Go back and tell your father to be honest and down-to-earth and stop thinking of other crooked ideas."

Yang Ming did not stay any longer.

Watching Sir Yang leave, Chen Meiling's face turned red and white with anger.

Yang Ming did not intend to keep her for dinner.

Chen Meiling could only get in the car and leave.

Originally, she came here to see if there was a chance for Sir Yang to support the reorganization of her father and the Jianing Group. Now it seems that there is no chance at all.

Chapter 1!

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