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Chapter 2088 Sentencing, compensation, acquisition! (Part 2)

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Although Kwon Chang-wook was sentenced to only five years in prison this time, Kim Jing-sung would not let him go. Kim Jing-sung knew that Kwon Chang-wook had done a lot of illegal things before. Kim Jing-sung was going to let Zhang Yingye and Tie-ho join forces, and white and black came out together to collect some evidence of Kwon Chang-wook's previous crimes, and then punish Kwon Chang-wook, trying to make this arrogant and domineering young master imprisoned for at least ten years, and be a good company in prison with Kwon Shengmin, who had been sentenced to twelve years.

Thinking about how arrogant and domineering Kwon Chang-wook was at the beginning, if Kim Jong-sung hadn’t been good at that night at Lotte World Theme Park, even if Kim Jong-sung hadn’t died, he would have been disabled. Han Jia-rung would have encountered terrible consequences and would have been humiliated. How could Kim Jong-sung let such Kwon Chang-wook go easily?

Jin Jingcheng is a very revengeful person, and if someone doesn’t offend me, I won’t offend you. If someone offends me, I will fuck you hard!

When Kim Jong-sung fought against Kwon Chang-wook with blood, he shouted, "When I draw my sword, I will be domineering." In fact, this sentence is his nature. Since you, Quan Shengmin and Kwon Chang-wook, forced me to draw my sword, then I will be domineering to the end, let you go into prison for more than ten years, and also have to acquire your q-building real estate company of your Quan family!

After Quan Shengmin and Quan Changxu were sentenced to prison, Jin Jingcheng immediately joined forces with Zhang Chengyuan and squeezed Quan Shengmin out of the q-building real estate company in a month and forcibly acquired 61% of his shares.

q-building is a listed company. Quan Shengmin holds 61% of the company's shares, and this time it was all forcibly acquired.

There are many reasons for completing this acquisition, such as: Jin Jingcheng and Zhang Chengyuan have strong capital; Zhang Chengyuan used the suppression of political forces; Quan Shengmin and Quan Changxu were both sentenced to prison, and it was difficult to maintain Q-building's shares; Quan Shengmin was sentenced to a huge fine and had to sell Q-building's shares for funds; Quan Shengmin and Quan Changxu had a serious impact on Q-building, the project stopped, the industry was blocked, and the stock plummeted, so that several directors on the company's board of directors could not tolerate Quan Shengmin...

Jin Jingcheng and Zhang Chengyuan joined forces to acquire 61% of Quan Shengmin's shares, Jin Jingcheng holds 26% of the shares, Zhang Chengyuan holds 25% of the shares, and 10% of the shares were given to several directors of q-building. These directors helped in the acquisition process. Without their help, Jin Jingcheng and Zhang Chengyuan would not be able to complete the acquisition. Of course, several directors were also for the sake of interests. If they did not help, q-building would go bankrupt this time. If they helped them, they would get more shares and revitalize q-building, and would definitely have more prospects and financial prospects than before.

Jin Jingcheng, who holds 26% of the shares, is the largest shareholder and Zhang Chengyuan, who holds 25% of the shares, is the second largest shareholder.

Why did Jin Jingcheng take Zhang Chengyuan to acquire q-building this time?

First, the forced acquisition of q-building requires the efforts of the Zhang family. For example, the quick trial of the Quan father and son, Ando Hao was "disappeared", and the Zhang family also operated police forces to help; second, Jin Jingcheng was concentrating funds to launch a plan to conquer the financial crisis, and he just spent a huge amount of money to invest in the sk group, and one person could no longer afford q-building, so Zhang Chengyuan needed Zhang Chengyuan. This time, Zhang Chengyuan raised three-quarters of the funds for the acquisition of q-building, and Jin Jingcheng only raised one-quarter of the funds and owed Zhang Chengyuan a quarter of the funds. In the future, Jin Jingcheng paid back when he had sufficient working capital.

However, because q-building's stock plummeted recently and it was a forced acquisition, the acquisition price this time is relatively cheap. The 61% stake only cost a little more than 300 billion won, nearly 2.5 billion yuan. If it were a few months ago, at least another 1 billion yuan would be added. Of course, if it were a few months ago, Quan Shengmin's shares would not have been acquired by Jin Jingcheng and Zhang Chengyuan.

Quan Shengmin was forced to sell his shares this time and received a 2.5 billion yuan. According to the sentence, he would need to pay a huge fine to the government. Even if there was still a lot left, he would not have much money left when he was released from prison in twelve years.

Now Jin Jingcheng and Zhang Chengyuan jointly hold q-building, which is similar to the situation of JJC Real Estate Construction Company. Q-building Real Estate Company is not affiliated with JJC Real Estate Construction Company, but continues to exist as an independent company. When Jin Jingcheng officially establishes the chaebol group, q-building will be formed under the group.

JJC Real Estate Construction Company, Jin Jingcheng and Zhang Chengyuan each hold 48% of the shares (it originally held 50% of the shares respectively, and each person gave 2% of the shares to Che Minzhi and several senior executives). The two joined hands with the holding company, and Jin Jingcheng served as the apparent president, and Zhang Chengyuan and the Zhang family were hidden behind the scenes.

This time, Zhang Chengyuan and Zhang family are still hidden behind the scenes in the q-building real estate company. Jin Jingcheng serves as the president and arranges another person to be the president to change the company's management system. Although Jin Jingcheng is the president, he does not have to manage specific affairs and control the company from a macro perspective.

The appointed president is Kong Taiying. Kong Taiying was originally a director of q-building. He originally held 5% of the shares. This time, Jin Jingcheng and Zhang Chengyuan forcibly acquired Quan Shengmin's shares. Kong Taiying helped a lot, so he received a reward of 3% of the shares and now holds 8% of the shares.

Kong Taiying was selected as president by Jin Jingcheng and Zhang Chengyuan this time, not only because he helped a lot in the acquisition of shares, but also because of Qiu Minzhong's recommendation, Qiu Minzhong used to work in q-building for many years and had some personal relationships with Kong Taiying. Qiu Minzhong told Jin Jingcheng: "Kong Taiying is a useful person!"

There are three reasons: one is that he has enough talent and ability and has rich experience in q-building; the second is that he is pretty good, at least not a bad person; the third is that he was inconsistent with Quan Shengmin before and was suppressed by Quan Shengmin for a long time. He would not have evil intentions to Jin Cheng because of Quan Shengmin's affairs, but would be grateful.

The president's candidate is very important this time, because q-building is a listed joint-stock company and suddenly suffered a heavy blow to replace the major shareholder, so the president's candidate is more important than the candidate for the vice president of jjc real estate construction company at the time. Jin Jingcheng and Zhang Chengyuan were both very cautious. After repeatedly examining Kong Taiying several times, the two unanimously decided to appoint Kong Taiying, believing that this is indeed a usable person.

...

On the morning of July 1, two high-end cars drove into the headquarters office building of Q-building Real Estate Company. One was a black Mercedes-Benz G and the other was a black Lincoln sedan. Obviously, the former was Jin Jingcheng's car and the latter was Zhang Chengyuan's car. Today, the two came to Q-building to hold a board meeting. This was also the first time they came to Q-building to hold a board meeting after forcibly acquiring Quan Shengmin's shares.

Several q-building directors and more than a dozen company executives had gathered at the company's door in advance to wait. Seeing two cars driving in, the group of directors and company executives rushed forward and respectfully welcomed the largest shareholder and the second largest shareholder to get off the car.

Afterwards, Jin Jingcheng and Zhang Chengyuan took several directors into a luxurious conference room.
Chapter completed!
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