Chapter 499： Sleepy give pillow (1/2)
Sitting at the top, Shiba Shengyuta saw the changes in the expressions of everyone present, gave Watanabe Akihito vaguely, and asked everyone, ”What do you think?”
”I think it is feasible. Even if it cannot exceed the shareholding of the Aiga family, if it can hold 20% of the equity, it will be enough to contain the Yiqiao Group, and it is not impossible to even split the Yiqiao Group!”
”Yes, and with the current situation, it is feasible to acquire the shares of the First Bridge Group. If it is a normal period, even if we have money, others will not necessarily sell it. We cannot miss this opportunity.”
”But we are not sure how far the share price of the Hitotsubashi Group will fall. The Aiga family will definitely increase their shareholding to ensure control of the Hitotsubashi Group. We have to buy before them, otherwise they will increase their holdings to 51%. , Even if we hold 49%, it’s useless!”
”The normal market value of the Hitotsubashi Group is more than 80 billion yen, which is 20 billion yen higher than our company. Even if the stock price plummets, we want to acquire, but we can only hope that we will purchase stocks with full funds, and capital and stock mergers and acquisitions. It is impossible to succeed, where will our funds come from?”
...
Everyone basically agreed with this plan, but a few people thought more and raised some worries.
No matter what the directors here say, Mrs. Chai Shengxiong did not express his position, but listened quietly, and already had a general context in his heart.
”Flap!”
”Well, everyone, be quiet!”
Mr. Chai Shengxiong clapped his palms, and everyone calmed down immediately and cast their eyes on him.
”I also understand everyone's attitude. For Watanabe-kun’s proposal, I think it is feasible. Then it is determined that the acquisition of the shares of the Hitotsubashi Group can become the largest shareholder. If not, you must become a real shareholder. Check and balance the Xianghe family.”
After Mrs. Chai Shengxiong finished speaking, everyone nodded.
”Then we will discuss how to implement this plan!”
”The worries you raised must be resolved one by one, first of all, the issue of funding.”
”Now there is only 2.84 billion in circulating funds within the group. At least 1 billion yuan is needed to maintain the normal operation of the group, and the remaining available funds are only 1.84 billion. This fund is far from enough, so we must raise funds!”
After Mrs. Chai Shengxiong finished speaking, one of the directors immediately said: ”Then find a bank loan!”
As soon as this remark came out, Watanabe Akihito’s words directly blocked his proposal: ”Now the group’s debt has reached 42 billion, and the debt ratio has reached 68% or more. Even if the bank loan can be passed, the maximum is Just take another 10 billion loan, these funds are not enough!”
The director who proposed the proposal was stunned, and then fell silent.
The expressions of the other directors changed a little, their eyes exchanged, and no one said anything.
After Akihito Watanabe finished speaking, his meaning is obvious. Since he can't find bank loans, he can only raise funds by issuing new shares. If their directors don't want the equity to be diluted, they can only spend a lot of money.
But each of them has other businesses, and suddenly they have to spend such a large sum of money. The difficulty and pressure are undoubtedly huge, and it will definitely affect other businesses to a certain extent, which makes them hesitate.
The atmosphere in the meeting room quieted down for a moment.
Shii Shengxiong swept across everyone's faces blankly, and finally cast it on Watanabe Akihito. Since this proposal was made by him, he was naturally asked to express his position.
Watanabe Akihito and Shiba Oita looked at each other, smiled indifferently, and said loudly to everyone: ”I know it is very difficult to ask everyone to come up with a large sum of money suddenly, so why not, let us issue additional shares and raise one hundred 100 million yuan of funds, and then ask the bank to help leverage the purchase of stocks, so that everyone’s pressure is even less, I don’t know what you want?”
”This method is not bad, the pressure will be much less, and the funds allocated to me will be more than 2 billion. Of course, if you pay less, it doesn't matter if I pay more.”
After Watanabe Akihito finished speaking, Shiba Yuta directly set the tone, and there was something in the words.
The faces of several directors who were barely present at the back of the shareholding ratio changed. If they did not participate in the issuance of new shares, their shareholding would be less than 5% after the recalculation of the shareholding, and they would lose their seats on the directors. How can this be done?
Therefore, these directors immediately agreed.
”I don't have any comments, I will invest proportionally!”
”Although there is pressure, only five or six billion in funds can still be obtained.”