Chapter 124: The Final Battle (Form 2)
Ahn Joon-hyuk and Baek Ji-young attended The.Movement's family reunion today, which is the third time in the past week that Ahn Joon-hyuk has been invited to attend an event held by a heavyweight company or organization in the circle...... After the event, Ahn Jun-hyuk was interviewed and asked by reporters about the shareholding of Fantai, he said that J.H Entertainment has prepared funds and will make an offer to Fantai Group in the near future. ”
This is the news on July 12th.
Ahn Jun Hyuk's so-called recent years, until the 20th, did not pay exact action, SKT is still waiting, but Pan Thai can no longer wait.
As the news of Weikai's bankruptcy filing spreads more and more widely, the mess it left in other countries has gradually spread back to China, China, the sudden collapse of Weikai has led to a plummeting reputation of Korean mobile phones, not only Pan-Tai, but even affected Samsung and LG, many dealers no longer trust Koreans, in mid-to-early July, the shipments of the three companies fell sharply compared with the same period last year.
Samsung and LG are okay, although there is a loss of profits in China, but the operation of the South Korean headquarters is quite good, and for Pan Thai, the credit bankruptcy in China is really worse, and it has almost become the last straw that crushes the group!
On July 15th, under the urging of various organizations, the management of Fantai had to agree to the request for an extraordinary general meeting of shareholders, at which many small and medium-sized investors will unite to elect a new board of supervisors, as the eyes and ears of their intervention in the management. It is convenient for them to see the real financial reports of Pantech more clearly.
Everyone knows that once the financial report under the control of the new board of supervisors is released, with the current situation of Pantai Group, its only possibility is for small and medium-sized investors to withdraw their capital, and then quietly wait for the largest creditor to issue the most difficult ultimatum, and then, quietly delisting, perhaps with huge debts and file for bankruptcy.
Now, Pan Thai has rushed to the hospital in a hurry.
On the day of the general meeting of shareholders. Pantech management passed an emergency meeting. Submitted an application for an intended loan of $600 million to the Development Bank, which already owes tens of billions of won on credit, with the entire capital of the company.
On the other side, they are also urging SKT more and more urgently. It is hoped that the funds that have already been mobilized through SKT will be possible. Fast-track entry guards. At the very least, it is necessary to maintain the stock price on a buffer line so that it can prepare for the emergence of "new" financial reports. The follow-up trend impact of the sell-off in the secondary market.
However, everyone in charge of this matter at SKT understands who these urgently transferred funds are used for.
They had already sharpened their knives and guns, but Ahn Joon-hyuk and his J.H. Entertainment were like a cunning tiger, on the periphery of their ambush, sometimes tentatively attacking twice and roaring a few times, but he never stepped into the ambush circle for half a step, but he seemed to be able to step in at any time.
With such a big enemy hovering outside, and the movement is unknown, how can SKT still have excess strength.
……
The air in the space has been reverberating with heavy oppression, and that feeling is like the humidity of the air suddenly increasing before the rainstorm, and this atmosphere has lasted in this space for several days.
A whole team, on standby, waiting for the showdown with J.H. to begin.
Under the auspices of Chey Tae-won, SKT has withdrawn more than $300 million from other companies in the group through borrowing and other means, and according to the comprehensive analysis of some analysts, the amount of funds of J.H. is likely to be at this level.
I am afraid that the total amount of funds will exceed 600 million, and it will be fought in the chess game of Pan-Thai that is already on the verge of ruin, and the kind of doomed tragedy and shock, even if it is far from starting, is enough to make the people who participate in the plan feel agitated and unable to help themselves.
The only one who is not very happy is Cui Yongheng.
He was forcibly brought here by Choi Tae-won, even if he didn't understand anything, he had to let him watch, watch the silent battle brought by the numbers, and if he succeeded, he would keep the foundation of SKT's future, and if he failed, the digital music platform would have to give up.
Under the heavy pressure of winning and losing, no one in SKT can appear as the host, only Choi Tae-won is qualified.
A little irritated walked back and forth between a few sofas in the lounge, the communication in the room, except for Choi Tae-won's mobile phone, everyone had to be disconnected from the outside world, and the only network that could receive outside news was mostly nervously paying attention to the movements of Pan Thai stocks, as well as collecting information to analyze Ahn Jun Hyuk's actions, and the boring waiting made him unbearable.
After walking back and forth for an unknown amount of time, the door to the workshop opened, and Xu Zhenyu gently pushed the door in.
Glancing at him, Cui Yongheng was in no mood to pay attention, just nodded perfunctorily to say hello, Xu Zhenyu sighed secretly, didn't say anything, and after a slight response, he came to the sofa, and Cui Taiyuan, who was looking at the documents, leaned over and whispered: "The representative of Pan Thai just came over to urge us again, asking when we will act, I think, they are indeed cornered, and the representative almost lost his temper at me." ”
Cui Tai didn't lift the source, "Tell him, keep waiting!"
There was no surprise answer, not far away, Cui Yongheng, who heard the conversation between the two, muttered in a low voice: "That damn bastard, it's going to be a decisive battle, why don't you just do it?"
Choi Tae-won's hand as soon as he lifted a page of documents paused, and after a moment, he sighed: "The mud can't support the wall!"
Lowering his head, Xu Zhenyu didn't dare to answer, no matter what, Cui Yongheng is still the prince of SK, as long as Cui Tae-won doesn't kick him away for a day, then he still has a special status in the system of SK's family-style chaebol, and it's not something he can comment on casually, although this Prince Cui is really bad.
However, in fact, Xu Zhenyu does not have a clear conclusion about why Ahn Junhyuk has not entered the game for a long time, and several analysts outside have come up with different views, some people believe that Ahn Junhyuk is further fermenting the crisis of confidence, and the pressure of small and medium-sized investors may be the last straw that crushes Pan-Tai, and Ahn Junhyuk may choose to enter the game at that time.
Some people feel that although Ahn Junhyuk is waiting for the further development of the crisis of confidence, his main purpose may be to wait for the short-selling institutions to smell the fish. The rumors of short-selling institutions are extremely sensitive, and they may have received the news that the stock decline is a foregone conclusion, and short-selling institutions will definitely not let go of this opportunity to dismember giants.
Once the huge amount of funds from short-selling institutions pour in, Ahn Jun-hyuk can borrow their hands to calmly deal with the impact of SKT's disk protection and increase the chances of success over there.
Either way, it seems to make sense, but what exactly is Ahn Joon-hyuk thinking, perhaps......
Seo Jin-woo glanced at Choi Tae-won, who was majestic in silence.
Perhaps, only he could guess a thing or two, in a certain concept, that young man was actually at the same level as the helmsman of the Empire.
Seo Jin-woo's thoughts, Choi Tae-won naturally didn't know what to do, in fact, he did have some guesses about Ahn Jun-hyuk's hesitation. (To be continued......)