Chapter 560: The Great Scam

According to the matters stipulated in the "Memorandum of Understanding on the Currencies of the Two Countries" signed with the Federation last year, the Federation needs to come up with 40 million federal guilders as compensation, and the direct economic losses caused are more than 13 million Star Dollars, and the market value of the companies that have evaporated in the capital market is even more unclear.

If it weren't for the fact that United Construction Engineering has a strong enough foundation and financial reports that everyone can see, I am afraid that this is enough to make United Construction Engineering go bankrupt.

At this time, United Construction Engineering also held an emergency meeting, and all the directors and shareholders of the company must be present, which is related to the future fate of United Construction Engineering. The main major shareholders actually have a different idea in their hearts when they face such huge losses, anyway, the place where the incident happened is in the empire, and if it really doesn't work, this business will not be done, and after withdrawing the people from the empire, they can rely on it, and they can definitely reduce a large part of the loss.

Not all workers have savings to bring them to the federal court to fight a lawsuit, and the heavy cost will make many workers' families choose to settle the matter with the cooperation of the local government, and accept a small sum of money to end the matter.

But the consequences of this are also quite serious, as a good faith, abide by the spirit of the spirit of the society, if the United Construction Engineering really does this, it is very likely to completely withdraw from the capital market, become a model of corruption, and be spurned by people, so this meeting should be convened to decide which way to choose to survive this crisis.

Is it to actively compensate and stick to it?

Or is it a shameless trick to withdraw on your own initiative?

At three o'clock in the afternoon, the spacious and bright conference room was already full of shareholders and senior executives of the company, according to federal law, individuals or institutions that own more than 0.5 percent of the company's shares belong to the legal shareholders of the company, and can attend the board of directors as non-voting delegates, but must abide by and can speak freely or not freely according to the system of the board of directors.

After winning the construction contract for the Imperial City of Otis, United Construction Engineering has grown by leaps and bounds on the federal stock market, increasing the stock price by 170% in only half a year, and the board of directors and professional market analysts believe that as long as they can complete the contract, the stock price will continue to rise. Their first order within the empire can be used as a knock on the door of the empire's closed capital market, allowing more federal capital forces to find a breakthrough into the empire's capital market, which is full of gold mines.

However, it is a pity that such an accident occurred, and from the moment the newspaper disclosed this news, the stock price of United Construction Engineering has been cut in half.

"Everyone is here, Chairman. The secretary with long blond hair bent down slightly and whispered in the chairman's ear, her white shirt looked a little small, and girls of her age often faced such a problem when they were developing - the clothes were one size smaller, so that she couldn't even button the top three buttons of the shirt.

The chairman of the board of directors of United Construction Engineering is in his sixties, with silver-gray hair, and his hands are pressed together with his elbows on the armrests of chairs. His gaze swept over the faces of these shareholders one by one, and many of them avoided his gaze with some weakness.

"By the last second of today's suspension, our stock price has fallen by more than 47 percent, if we can't solve the impact of this accident within a week, and pull the stock price back again, gentlemen, many of you will face bankruptcy, including me!", his gaze was like a knife, and his cold look made many people feel very uncomfortable.

The men tore their necks and took off their coats, and the heating in the room made them feel a little too hot.

"I know that many of you started secretly selling your shares yesterday without the consent of the board of directors, and I am very disappointed. I thought we were supposed to be partners, friends holding hands to find the ladder to heaven, but the truth is that some of you are just shameless speculators. He picked up a document and threw it on the table, "I have here a copy of the latest information sheet of your personal shareholdings, and gentlemen and ladies who currently hold less than 0.5 percent of the shares can leave, you don't belong here." ”

His voice fell for about three or four minutes, and the first person stood up and said "I'm sorry," then straightened his clothes and turned to leave. Less than a third of the soon filled conference hall remained. The faces of these people left behind are also ugly, the company has encountered such a big crisis, these people not only do not think about how to protect the interests of the company and their shareholders, but because they are afraid of the shrinkage of their assets, they sell their shares without the knowledge of the company's board of directors, and the snowball effect of this behavior is definitely more serious than the harm caused by the accident itself.

The chairman asked the sweet little secretary to close the door of the conference room, and only then did he show some smiles on his face, and shrugged his shoulders a little carelessly, "The situation is not too bad, I have already spoken to the mayor of Otis City on the phone just now, and they are willing to cooperate with us to try to suppress the negative effects of this matter, but for this we need to finish the railway for them for free, and the material cost will be paid for them." ”

Sitting in the second position to the left of the chairman, the gray-haired but straight-headed old man asked, "How much will we lose?"

The chairman spread his hands and answered his question with "regret", "We will lose about 70 million federal shields, and if we exceed, we will not exceed too much!"

The people in the conference room gasped, 70 million federal guilders are already enough to catch up with the tax revenue of some relatively economically backward states for a year, and this money is enough to put them on the verge of bankruptcy.

The chairman was very satisfied that his words frightened everyone, he wanted such an effect, of course, he could not let these shareholders who were still holding on really lose all confidence, then he would really go bankrupt, so he quickly continued: "But we will reap more than 100 million, or even 200 million or more profits! The mayor of Otis promised that as long as we complete the two railways in Otis, he intends to build some more railways, with a total of no less than 2,000 kilometers!"

The shareholders gasped again, and the profits and added value from the construction of a 2,000-kilometer railway would definitely make up for the losses caused by the accident, and there was still plenty of room for profit. There was a relaxed expression on the faces of these shareholders, and a lot of smiles appeared.

The chairman nodded, "The first thing we need to solve now is to minimize the impact of this accident......"

"So what to do?", asked a middle-aged man in his forties who was sitting at the interrupted conference table.

The chairman picked up the pen on the table and pointed at him, and praised: "Good question, according to my understanding, the number of casualties caused by this collapse accident is only one hundred and eighty-nine people are currently known, and the local area is actively rescuing and striving to rescue more injured people from the disaster!", his eyes flashed, there is no doubt that he lied, but this lie will have the imperial side to cooperate with him, then this is not a lie, it is a fact.

Early the next morning, the newspaper reported the details of the collapse of Otis City, and people originally heard that one or two thousand people had died, so they sold all their stocks in panic, but now it seems that they have been deceived by some people as the newspaper says, and sold their shares cheaply.

The negative effects of dying a hundred people are the same as those of dying a thousand, but the economic effects are drastic. Compensation of 30 million or 40 million federal dong and compensation of 3 to 4 million federal dong are completely different for a large construction company like United Construction Engineering, so the sharp fluctuations in the stock price are naturally abnormal.

As soon as the stock market opened in the morning, the exchange put out an announcement that United Construction Engineering would suspend trading, and also said in the announcement that United Construction Engineering had called the police to find a rumor maker who could damage the company's reputation and cause huge economic losses to the company.

Under such circumstances, a group of people in the stock market exchange almost fainted, and there is no doubt that after the resumption of the stock market, the stock price will return to a price close to the original stock price. In this way, they lost more than 50% of their wealth!

Meanwhile, in the canyon where the Empire had an accident, a member of the search and rescue team is constantly hitting the rocks with a metal pickaxe in the snow in the middle of the rocks, and if they find a sense of hollowness, they will come here to dig. There are many such search and rescue team members, but he is a little different. He found a more remote place, took off his clean and eye-catching clothes, put them in a bag and hid them aside. Beneath his clean clothes, a suit of work clothes often worn by workers, tattered and with many dried blood stains, he picked up the metal pickaxe he had brought with him, and with a flash of fierceness in his eyes, he violently struck off his arm and calf, and lay down in a depression he had just found.

After about ten minutes, another member of the collection team came over, and at a glance he saw the marked search and rescue bag on the ground, and immediately put it into the bag he was carrying, and then took out a flare gun and fired it into the sky.

Reporters outside the scene of the accident looked at the pink flares rising from the canyon, and suddenly they were like a frying pan, and they began to gather towards the mouth of the canyon with their cameras in hand, constantly asking the collectors for information.

This is undoubtedly the most exciting news since the accident, and one person is still alive, which means that more people are still alive!

People don't believe in miracles, but they are very conflicted about their desire for miracles!