Chapter 288 I want to get all the stocks!
The time soon came to October 16th.
Two days ago, Su Cheng took Yang Chaoye directly to the headquarters of Namei Entertainment Company and met Zhang Qizheng who was busy.
Afterwards, Zhang Qizheng and Yang Chaoye began to deal with the affairs of Namei Entertainment Company together.
With the help of Yang Chaoye, everything in the company quickly stabilized.
Human resources, company operations, business, etc. are all starting to get back on track.
The affairs of Namei Entertainment Company have also spread throughout the beautiful country through the media.
Especially in Hollywood, after two days of fermentation, the changes in Namei Entertainment have been made known to almost everyone.
After all, it is a large company with a market value of over 100 million US dollars. Although it cannot be compared with top companies, in this era, there are not many companies with a market value of over 100 million US dollars.
If we were to rank the top 500 private companies in the beautiful country, Namei Entertainment would definitely be on the list, but it would just be at the bottom.
Such big negative news naturally had a big impact on the stock market of Namei Entertainment. Since the 14th/15th happened to be a weekend, the stock exchange was unable to conduct trading. Therefore, when Monday came, many investors He chose to take advantage of the opening of the stock market to sell the shares of Namei Entertainment Company.
However, there are not many stocks held by investors, because most of them have been acquired by Tianyuan Investment Company, so this wave of selling has no impact on Su City.
After many stock mergers, Suzhou City now holds 57.89% of the shares of Namei Entertainment, plus 23.84% of the shares held by Habakak Andrew, and 12.38% held by Mike. The stocks of these three people combined, the stock has reached a terrifying 94.11%.
In other words, in fact, only 5.89% of Namei Entertainment's shares are left in the hands of ordinary shareholders.
It can be said that Namei Entertainment, a listed company, is no longer in existence.
After this negative news, these ordinary investors have listed all their stocks on the stock market.
Because no one knows whether Namei Entertainment will never recover after suffering this blow.
The few remaining investors are rushing to sell.
It is a pity that in this situation, no one dares to buy the shares of Namei Entertainment Company.
The original chairman and vice chairman have been imprisoned, and they have committed such a serious crime. Habakak Andrew will not be able to think of it in the short term.
As for the newly appointed chairman, the newspaper showed that he is a Chinese from Xiangjiang in the Far East and is only in his early twenties.
Let such a person take the helm of a listed company with a market value of hundreds of millions of dollars. No one will believe that there will be any good results.
Perhaps because the time was too short, no one discovered that the newly appointed chairman was the boss of Oracle Computer Company.
Media reports simply stated that the new boss is a Chinese young man in his early twenties.
Otherwise, if Su Cheng's identity is exposed, Namei Entertainment's stock may be speculated like Intel's stock.
The stocks in the hands of the vast majority of retail investors have been linked to the stock market.
However, there were no buyers to buy it.
Basically, there are only sell orders and no buy orders.
Such a result caused everyone to start competing to see whose price was lower, in order to prevent the stock from being so bad.
However, since there is no transaction, the price is still the previous price.
There are more and more pending orders, each with a lower price than the last, but no one is buying it.
Such a situation has begun to create panic among stock investors.
Even some stock investors began to express despair. Perhaps, this stock was just ruined in their own hands. Although the traders of Tianyuan Investment Company were acquiring other stocks, they also noticed the situation of Namei Entertainment Company.
So, he reported this matter to Zhang Qizheng early.
Zhang Qizheng, who was at the headquarters building of Namei Entertainment Company, directly ordered them to find ways to acquire more shares of Namei Entertainment Company.
Of course, you can’t clear all the pending orders at once, because this will only make those who have not sold it confused whether to sell it.
This is not what Zhang Qizheng wants.
The boss of Su City once told him that he had the idea of completely privatizing Namei Entertainment Company.
Therefore, Su Cheng’s consent was not required for this matter, and he could make his own decision.
There are less than 6 points of stock left, and the most you can spend is a few million. With this little money, you don't need the big boss in Su Cheng to make a decision. You can just report to him afterwards.
After following Su Cheng for so many years, the two of them have already had a tacit understanding of cooperation.
So, Zhang Qizheng arranged this matter very seriously and asked a trader to keep in touch with him by phone at any time to inform him of the progress.
By the end of the afternoon, traders spent less than US$3 million to acquire 5.12% of Namei Entertainment shares.
This price is much lower than before.
In this battle alone, only 0.77% of the stocks remained in the hands of investors.
This stock can be said to be ignored.
In the evening, Zhang Qizheng and Yang Chaoye came back. After telling Su Cheng the news, Su Cheng began to consider a problem.
How to completely get over the 23.84% of the stocks held by Habakak Andrew and the 12.38% of the stocks held by Mike.
If everything is done, then Namei Entertainment will be able to completely withdraw from the US stock market and become a private company that belongs entirely to Sioux City.
By this time, the movie scripts, songs, etc. in his hands can be safely handed over to Nami Entertainment for operation and development.
Otherwise, Su City would use these to grow Na'mi Entertainment Company, but in the end the profits would have to be shared with other shareholders. This would be a huge loss for Su City.
"You guys said, if I want to acquire all the stocks held by Habakak Andrew and Mike, how should I do it?" Su Cheng thought about it and directly raised this question to the two big guys. .
Without acquiring all the equity in their hands, Sioux City would not seriously want to develop Namei Entertainment Company.
“This is actually not difficult.” At this time, Yang Chaoye smiled.
"Oh? Mr. Yang, please explain how it should be done?" Su Cheng's eyes lit up and he asked impatiently.
“Whether it is Bacak Andrew or Mike, they cannot exercise their equity rights after entering prison. At this time, they can only transfer the equity to the family through equity transfer. , the vast majority of family shareholders will do this.
So, this is an opportunity for the boss if you want to obtain their equity. As long as you contact their family, they will naturally consider the pros and cons. .
Since they can no longer control Naomi Entertainment, Bacak Andrew’s family will definitely choose to sell their shares.
As for Mike, I heard that he is alone now. His parents are dead, so it is easier to get rid of him. Just find someone to communicate with him in prison, and he will sell all the stocks in his hand.
Because he is destined to be fined, and he has already spent all the previous money. Now the only way to pay back the fine is to exchange the equity for cash! ”
Yang Chaoye explained it to Su Cheng in detail.
At this moment, Su Cheng was completely relieved.
(End of this chapter)