Chapter 687: Emergencies

Neil and Snapton are the couple's entrepreneurial plans, and Link is quite supportive. Now all walks of life have actually developed. And the business of the Tormasson company is actually a fund in disguise. They can control underrun businesses through Thomasson.

To put it bluntly, the Tormasson company is a company that was set up specifically for the purpose of merging with other companies.

Neil is analytical, while Snapton is good at M&A. Thomas & Co. is not only strong in its own right, but also has Link's Ozette Banking Group and several financial investment companies behind him. It has a good foundation in terms of both capital and action.

However, there is only one intention between them for the time being. Although they are friends with each other, they must still be clear when it comes to finances.

First of all, the assets of Thomas Investment must be clearly verified. In this stake composition, Link owns 78 percent, Snapton owns 12 percent, and the other 10 percent is options for other employees. Neil can buy 12% of the stock price directly from Link first.

Sold to Neil's shares, Link did not ask for any premium. The company does not have much load now, but it is quite profitable every year. Generally speaking, if you want to buy shares in such a company, you need to pay a premium.

But since Link wanted to develop quickly with Neil, he didn't care about those things.

Neil and Snotton then need to reinvest the money they raise into the company, gradually diluting Link's shares. But they decided that they needed to keep the employee's option ratio the same. As a result of the increased shares, the employees of the junior company are given the opportunity to acquire options.

In the process, Link's stake cannot become 35% all at once. Because neither Neil nor Snapton have enough money. But they can agree on how much they each own, and then give their dividends or other earnings to continue to invest in the company.

According to the agreement between the two parties, the minimum percentage of Link's reduction is 35%. Neil and Snapton are at 50 percent. The remaining 5% is reserved for Claire if he really wants to invest.

Such a major change in the equity of an enterprise naturally requires a lot of procedures. However, fortunately, the company is not a listed company, otherwise it will be suspended and so on, which is even more troublesome.

However, Snapton and Link also mentioned when talking about their future business strategy: "If you really want to go big, it's better for Thomasson to go public." ”

The biggest advantage of going public is to make money by liquidating some of the shares in your hands, and allowing the company to raise more funds for operation. Naturally, Link would not object. Of course, if they wanted to control Thomasson, it would be impossible to sell their shares.

The procedures for the change of equity of Tomasson Company still need to be handled, and the managers of Ozette Financial Investment Company also need to slowly take up their positions. So, it will be a while before Neil leaves.

After Link and Neil had settled, another ten days had passed.

At this time, Link received an angry news: Ojalala, the general manager of Benehans Africa, had run away.

He received a phone call from Finley Wilson, who informed him of the incident: "The Tanzanian government is acting like an African company about this matter. ”

"How much, how much will we lose?"

"Ojalala induces local farmers to order seeds and other products from him at a price of 50~70% of our preferential price. He used the company's signature. If we were to bear this part of the loss, we would lose about 10 million dollars. ”

Ten million dollars is not much for Link. The biggest loss is Benihans' reputation in Africa.

"Now Tanzanian farmers are surrounding our African company headquarters to protest, there is a lot of media coverage, and the impact is very big. ”

"Immediately ask the African companies to make a commitment that we will recognize the purchase and sale orders signed by Ojalala and them. ”

"There is not enough product on the African side, especially corn seeds. There is still a shortfall of at least three hundred tons. The delivery time is tight and it is not possible to meet the deadline unless it is transported by airplane. "It's because the time is so tight that it's so tense over there.

"Just planes!" Link said in a deep voice. "Tomorrow, you go...... You go to Africa with me. ”

Link had wanted Finley Wilson to take care of that matter. But it occurred to him that a week later, Tanzania would be awarded the Order of Friendship to the African company Benihans on its National Day. At this critical time, such a thing suddenly happened. The media has certainly reported on it. He had to undo some of the influence.

A major market for Bennihances is developing countries. Sending Finley Wilson might have been able to get things done, but the Tanzanian government had already stepped in, and sending a general manager was not enough. That's why he decided to go for himself.

If he goes, it will be more convenient and easier to negotiate with the Tanzanian government.

That night, he talked to Jessica about Africa. Jessica also had a sinister face. Ojalala has been the general manager of the African company for a few years, and the development there is quite good, and she still trusts it. She didn't expect that guy to do such a thing suddenly, or at such a critical moment.

If this matter is not dealt with, whether or not the Tanzanian Congress disqualifies the African company from the Medal of Friendship, the Benehans Group will become a joke. She also felt that Link should go.

So Link went to California the next day, picked up Finley Wilson and flew to Tanzania right away. After landing at Dodoma Airport, Link asked Finley Wilson to go to the company to deal with the matter first. He stayed in Dodoma to negotiate with the Tanzanian government on how to resolve the matter.

Tanza's Minister of Agriculture has changed. "Mr. Minister, I am deeply sorry for the distress caused to the farmers of your country by the illegal actions of individual individuals," said Link. I'm here to discuss with you how to solve this problem. ”

Hearing his attitude, Tanza's Minister of Agriculture also felt a lot more relaxed, saying: "Mr. Hans, this fraud case involves the livelihood of hundreds of thousands of farmers in our country, and we hope to solve it properly as soon as possible." ”

"Mr. Minister, we recognize those orders and have arranged for planes to deliver the products we need to deliver to Africa. We can deliver the goods according to the time stated in the order agreement. So I don't think it's a scam. I think it was a case of commercial crime of illegal misappropriation of company property. ”

If this incident is once characterized as a scam. No matter who is responsible for the fraud, Benihans will be involved, and no matter how it is decorated, it will affect the reputation of Benihans Group.

As long as the farmers in Tanzania do not suffer losses in this incident, the Tanzanian minister will not care how the case is characterized. He nodded and said, "I sincerely admire Mr. Hans and Beni Hans's willingness to take responsibility. If the vast majority of orders are delivered on time, it really can't be considered a scam. ”

Link said with a smile: "We at Benehans attach great importance to the African market, including Tanzania. Tanzania is our base in Africa, and it is the top priority of our Benihans Group in Africa planning. We have always been very cautious and friendly to this Tanzanian market. We hope to develop together with the Tanzanian people and contribute to the development of Tanzania. ”

"Mr. Hans, over the past few years, Beni Hans has made a significant contribution to the development of agriculture in Tanzania. The people of Tanzania remember this rare friendship. ”

Link said with a smile: "Mr. Minister, we have been working hard to deepen mutual trust and understanding with your country and your people. So I hope that in terms of the publicity of this matter, Benehans will get the right interpretation. I note that the media in your country have characterized the Benehans Group as a liar. As I said earlier, that doesn't correspond to the real situation. ”

Tanzania's agriculture minister thought for a moment and said, "I will communicate with the relevant departments." Make the media report more objective. ”