Chapter 1652: Stock Transfer Completed

"Feng Yu, we have to give an explanation to the board of directors, because after the media broke the news that we were going to sell the port equity to you, the stocks of us and Huang started to fluctuate frequently."

"If it weren't for our shareholders to protect the market, I'm afraid our stock price may still fall. So at the latest tomorrow night, we must give shareholders an explanation."

Li Zeju was also a little depressed. Although he informed several shareholders that the news was false, as for why the company didn't publicly deny it, it was because of some agreement with Feng Yu.

However, these statements obviously cannot satisfy shareholders, especially many shareholders who do not know about this matter, and are very angry about it.

Li Chaoren made such an important decision, and they didn't even know about it?

Generally speaking, when a company sells an important business, the stock price will rise. There is basically no need for the company's shareholders to pull up, and the shareholders will take the opportunity to make money. Because they believe that the company will get a lot of profits as a result.

But there are also some situations where the company's stock will fall. That is, when the company sells important businesses to affect the company's business development, the company's future will definitely be seen as bad, and the stock price will inevitably fall.

This is the case with Hutchison now. Many investors believe that after Hutchison sells the controlling stake in the terminal, the company's business will be fully affected. If it were not for the protection of these shareholders, the stock price of Hutchison would probably drop a lot.

The Li family can't disregard the interests of these shareholders, so they need to disclose the news, indicating that they have no plans to sell the terminal to Feng Yu.

Unable to resist so quickly, Feng Yu also felt a little helpless. Fortunately, Feng Yu still has a plan B!

"It's okay, thank you for helping your father, I will go to Xiangjiang later, let's meet and have a good chat."

After hanging up the phone, Feng Yu immediately called Masao Kameda: "How is the sale of the subsidiary's stock going?"

"Boss, according to the plan, more than half of the sales have been sold, and the rest has basically been negotiated, and the contract can be signed immediately."

"I signed the contract with them today, and the Xiangjiang Li family can't bear it anymore."

If Li Chaoren announces that Hutchison has no plan to sell the terminal to Feng Yu, then Feng Yu will continue to sell the shares of the subsidiary, which will alert many people and will continue to lower the price. Of course, Fengyu Holdings can also take the opportunity to raise the price, but the negotiation time will be delayed for a long time.

But if the contract has already been signed, then it is announced with Huang. Then the contract will continue to be implemented, and at most everyone will say that Feng Yu has lost money, and maybe there will be some ridicule.

However, Feng Yu can bear it all. After Feng Yu doubles the money, those who laugh at him will know what Feng Yu used the money for and how much profit he created.

"Boss, don't worry, I will inform Ralph that all the contracts must be signed tonight!"

...

The head of the investment department of JP Morgan Datong Bank was sitting with Ralph at this time, discussing the final details of the contract. Because it only involves stock transactions, there are not so many cumbersome terms.

The general framework has already been negotiated, but there are still some objections to the payment method and payment time. Of course, there is another point, that is, after buying so many stocks, it is not too much to be an executive in your company, right?

The two sides have serious differences on the positions of senior executives.

Ralph only agreed to give a position of vice president, but the other party wanted a seat on the board of directors. The board of directors is the core of the company's daily power, and the power of the vice president is too far away.

"Ralph, it's not been a day or two since we have been dealing with each other. You should know us very well at JPMorgan. We invest so much, but we don't even have a seat on the board of directors. It's not appropriate."

"Woodson, then you should also be aware of my boss's behavior style. The subsidiaries we hold have the original management team. We usually only send one director and one supervisor."

The stock price of Eagle Weida has risen fairly well, and it is now one of the top two in the graphics card market,

On par with ATI. In terms of independent graphics cards, Eagle Weida is leading, and in terms of integrated graphics cards, ATI is still more powerful.

Relying on this point, the stock price of Eagle Weida keeps rising. Many media also say that the market value of Eagle Weida is far from what it should be.

JPMorgan Bank is very willing to invest in the stocks of such a company, but the total purchase exceeds 10% of the company's total share capital, but they don't even have a seat on the board of directors, so they can't agree.

"Ralph, but now your boss needs money very much. He is buying Xiangjiang Li's property, right? He wants to be the king of the port. This kind of strategic investment is very important, right?"

"If Li didn't want to invest in the UK, he wouldn't have sold the property. Once you don't have enough money, the business will fail, and the company stocks you sold before will lose money."

Woodson looked at Ralph with a smile. He was the first to negotiate with Ralph. They didn't have much disputes about the price, but because of the board seat, they haven't signed a contract yet.

Because he knew that the longer the delay, the better for them.

Look, the other party is in a hurry now, but Ralph took the initiative to ask him to have a talk today.

Ralph gritted his teeth: "Woodson, there is absolutely no need to discuss with the internal directors. At most, I will give you one seat as an external director."

Outside directors, that is, directors who do not hold other positions in the company, have very little power in the company. Although there is also a voting right, what can one person influence? But it can be considered as a member of the company's board of directors, and the company's decisions can be known immediately.

In this way, when there is any negative news about the company, JP Morgan can immediately find a way to sell the company's stock to stop the loss.

"No, no, no, we have purchased so many shares, how can it be possible to only occupy the position of an outside director? At least one executive director is required!" Woodson began to push forward.

At this time, Ralph stood up like an angry lion, pounding the table with his hands: "Woodson, if this is the case, then we don't need to talk, and our Fengyu Holding Group, including its subsidiaries, will There will be no more business with your JP Morgan Bank! There is not enough cash, we can use stocks to compensate."

Seeing that Ralph has become like this, Woodson also understands that this is the other party's bottom line, and it should be made by that Feng. However, it has been very successful to win an outside director.

"Okay, then shall we sign the contract?"

When Woodson signed the contract and left, Ralph, who was angry just now, showed a relaxed smile. Acting out an angry emotion, he is also very tired.

The seats given to the outside directors of these investment institutions that purchased stocks were agreed by Feng Yu. And outside directors also have a term of office, and when the term of office is up, they can be easily kicked out if they don't renew their contracts.

The task assigned by the boss is finally completed! (To be continued.)

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