Chapter 770 Yang Ming does not support Jianing Group’s reorganization plan!
The collapse of Jianing Group caused the stock market in Xiangjiang to plummet, and Xiangjiang's real estate was further implicated, causing further plummets.
However, before the Jia Ning Group broke out completely this time, almost all relevant people were taken away by ICAC for investigation, including the business information involved.
In fact, it is much easier for Jiani Group to be investigated than in history. The main relevant persons, Ibarashi and John Winsbar, are still alive and well. In this case, the two of them also know that Chen Songqing Their lives are needed, and they want to survive. The only way to expose all the financial crimes of Jianing Group is.
The news about the collapse of Jianing Group has affected Xiangjiang for more than a month. The media, newspapers, and TV stations in Xiangjiang have been reporting on this company.
Yang Ming, on the other hand, lived a particularly relaxed and comfortable life.
1982 11 Month 19 Day.
Friday.
Yang Ming had just gotten off work from the Imperial Group and took a car back to the villa.
When getting off 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 named Gao Jingwan, her eldest daughter was named Chen Yuanling, her second daughter was named Chen Xiuling, and her third daughter was named Chen Meiling.
Among them, most of the shares of Jianing Group are in the hands of these four people.
If Jianing Group had not collapsed, those shares would still be valuable.
There is nothing now.
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, newspapers and periodicals in Xiangjiang have reported on Chen Songqing’s family.
There is not much mystery about his three daughters.
Now, when Yang Ming saw Chen Meiling, he recognized her identity at a glance.
"Ms. Chen, Mr. Yang is back."
Lin Dezhong said.
Chen Meiling turned around quickly 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 am here to see you on behalf of my father. I have something very important to discuss with you."
Yang Ming knows that the law in Xiangjiang is like that. No matter what serious crime is committed, as long as you have money and can afford a senior lawyer, not only will you not die, but you can still live well.
Historically, Chen Songqing ordered people to kill two very important people in a row, but in the end he only served a few years in prison.
After he came out, he was still rich and still lived in a villa.
This is really different from other places.
"Ms. 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 hasn't come out yet, but my father is very ambitious. He believes that as long as he gets the support of Sir Yang and the Imperial Group, the Jianing Group can be restored. My father hopes that the Imperial Group can intervene and deal with Jianing The group is reorganizing."
Reorganization?
Yang Ming smiled.
It seems that Chen Songqing still refuses to give up.
Historically, Chen Songqing actually had two reorganization plans.
The first time is in history. On January 1983, 1, the Jiani Group announced that its three listed companies, Jiani Real Estate, Vinda Shipping and Chang Life Insurance, would suspend listing and trading, reorganize their debts, cancel the plan to issue 2 million Hong Kong dollars in preferred shares, and change their plans to It is proposed that parent company Jianing Group will inject HK$5 million in capital, and HSBC Bank will provide a secured demand overdraft of HK$2.5 million to Jianing under certain conditions.
On February 2 of the same year, Jianning announced the appointment of Hengbao Finance and Duoli as representatives to discuss the restructuring plan with creditors, including more than 6 banks and finance companies.
At that time, Carinone even hired John Bao, the former vice chairman of HSBC Bank from Country Y with a monthly salary of 10 Hong Kong dollars as a representative of the creditor bank and joined the Carina board of directors.
Carining's debt restructuring is formulated based on the classic stock-for-debt principle, and debt is reduced through the sale of its subsidiaries.
However, the success of the plan has always been slim.
During this period, a sudden murder completely shattered Jia Ning's hope of reorganization.
It was Ibalaxi, one of the key figures, who was killed by Chen Songqing.
So since Chen Songqing wanted to reorganize the Jianing Group, why did he send someone to kill Ibalaxi?
It was later confirmed that at that time, Chen Songqing cooperated with Yumin Finance in an attempt to obtain assets for his company in addition to the debt restructuring plan.
Jianing Group owes a total of more than 10 billion Hong Kong dollars in debt to financial institutions such as Yumin Financial, HSBC, and Duoli.
Chen Songqing and Yumin Finance attempted to conceal Jianning's total liabilities, especially the amount of more than HK$40 billion owed to Yumin Finance, so that the restructuring could proceed.
Is it possible for a person like Chen Songqing to want the Jianing Group to reorganize and recover under such circumstances?
He had already seen through Jianing Group and Chen Songqing.
"Sir Yang, as long as you and the Imperial Group agree to resume the reorganization of the Jiani Group, my father is willing to agree to any conditions. Even, let the Jiani Group become a subsidiary of the Imperial Group."
Chen Meiling looked at Sir Yang and said.
Yang Ming even sneered.
He wanted to swallow up the Jianing Group, but he didn't want to take on so much debt from the Jianing Group.
With more than 10 billion Hong Kong dollars in debt, it does not make much sense to acquire or reorganize a company with a low value.
What's more, now Chen Songqing is using the reputation of Yang Ming and the Imperial Group to restore the Jiali Group, and even let the Jiali Group reorganize and then reduce the debt.
is it possible?
"Ms. Chen, in my eyes, Jianing Group is not worthy of reorganization."
"Sir Yang, as long as you agree, I am willing to agree to any conditions!"
After saying that, Chen Meiling looked at Yang Ming with a blush on her face, as if she would risk her life as long as Yang Ming was willing.
Yang Ming found it even more funny.
"Sorry, I don't lack women, not to mention 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 is someone who dares to kill people and dare not do anything. Yang Ming really doesn't want to get in contact with this kind of person.
If Chen Songqing had done it down-to-earth, he would probably be one of the richest Chinese tycoons in Hong Kong now, but Nai He would have always thought of doing it through fraud, which would definitely not last long.
"Go back and tell your father that you should be honest, do things down-to-earth, and stop using other crooked ideas."
Yang Ming did not stay any longer.
Seeing Sir Yang leaving, Chen Meiling's face turned red and white with anger.
Yang Ming had no intention of keeping her down for dinner.
Chen Meiling could only get in the car and drive away.
Originally, she came here to see if there was any chance for Sir Yang to support the reorganization of her father and Jia Ning Group, but now it seemed that there was no chance at all.
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