Victory in Life
Chapter 611
Skyward Aluminum Co., Ltd. The atmosphere feels suffocating.
Expressionless, Conrad took the main seat and smashed his palm on the table, scaring the senior executives shuddering in fear.
"Are you all useless? I spend a few million every year on you guys and you tell me that none of you have any plans when someone tries to acquire our company?!"
"They just made a move and you're freaking out? How do you expect me to believe in your abilities from now on, huh?"
Conrad's rebuke echoed in the meeting room, and everyone looked down silently.
No one dared to look their boss in the eyes at such a critical moment.
Conrad's sinister eyes swept through the meeting room before finally falling on a bald middle-aged man.
"Benjamin, you're the manager of the investment department. This is part of the scope of your business. I'd like the report to be written and given to me today, or you can go to the Human Resources Department, finish your paycheck, and leave."
Benjamin looked depressed as he spoke, "Please calm down first, Mr. Monty."
"There's something strange about the funds used to raise the share price of our company this time. The evidence we have suggests that these funds came from Harbor City, not Land."
"So I wonder if our share price rose to its limit is the result of investors deciding to enter the market to profit from it, seeing how JW and Haddock will cooperate and acquire it."
Benjamin's words made everyone's eyes sparkle with hope.
Everyone assumed that the increase in stock prices was caused by Jasper and Haddock, so they did not think about it from such an angle.
If what Benjamin said was true, then the nature of the matter was completely different.
It doesn't matter who bought those shares, the important thing is not Jasper.
Conrad furrowed his brows and thought hard, "Not bad. This is a completely different view on the subject. Continue."
Seeing that his thoughts had been approved, Benjamin heaved a sigh of relief and continued to speak, "If that's the case, then the situation is much better. Despite being faced with a strong acquisition, I believe that there is enough we can do."
"You currently hold 40% of the company, Mr. Monty. Southeast Province Mining Co., Ltd holds another 30%, leaving 30% more in the stock market. This is the situation now."
"We have two options. We officially announce that the company is buying back its shares, or negotiating with the Southeast Province Mining Co., Ltd to see if we can take back some of the shares they hold."
"We just need to make sure that you have more than 50% stake in hand, Mr. Monty. Because even if Jasper manages to buy all the shares and become one of our shareholders, what can he do?"
"No."
"He'll waste all his hard work just to advertise us in the end. Plus, if we manage to buy back our shares this time, our share price will also rise a little."
While Conrad called all senior Skyward Aluminum executives to discuss plans to retaliate, Jasper is currently making a video call with Jake who is away in Harbor City.
"As per your request, Mr. Laine, we have spent 1.2 billion to buy 3.96% of Skyward Aluminium shares."
Jasper nodded. Looking at the Skyward Aluminum market, he spoke, "Continue tomorrow. Buy as many shares. Don't worry about the money, someone's gonna pay for it."
Jasper thought about how rich Gale was. Although it never felt like he was broke after reincarnation, Jasper could not help but be stunned at how wealthy this old man was.
Not only did he transfer the necessary funds to acquire Skyward Aluminum in advance, but he also promised to give Jasper a 1% commission once everything was done.
1% of businesses with a market price of 30 billion are 200 million.
That is enough to compensate for the losses made by the real estate company.
Since it was an agreed upon condition, Jasper was very happy to get such a commission.
Jake nodded in understanding and spoke, "We have investigated the structure of Skyward Aluminum stock and realized that Conrad currently owns the most shares. He has a total of 40%, while the remaining 60% is divided between the Southeast Province Mining Co., Ltd., which runs with state funds, and the general public."
"In such a situation, we need the support of Southeast Province Mining Co., Ltd to take 30% of their shares or it will not be enough for us to acquire them by just buying 30% which is open to the general public."
"In addition, the stock market currently only allows the purchase of a maximum of 22%. The remaining 8% is in the hands of countless retailers making it impossible to buy all 30% of the shares."
Jasper nodded. "I've already calculated this. Don't worry about it, just focus on the stock market by your side."
Jake agrees, saying, "Yes, Mr. Laine. I-i understand.
"Let me know how the investment with the Harbor City Stock Market is developing where I'm asking you to invest."
"Basically, the situation is now..."
More than an hour later, Jasper came out of the study and walked to the airport.
It was late when he met Henry at the airport.
The man got into the car excitedly and grinned almost madly at Jasper. "You don't know how funny it is to see Mitch the son of a bitch's face. What happened, God. Harbor City gossip magazines are so interesting that they just stir up article after article. God, how funny are the articles they write."
"Are they going to stay married? Even after you released the news about Mitch impregnating another girl in front of her fiance?" Jasper asked while chuckling.
Henry pursed his lips. "It's not a big deal. This was mostly a hiccup for the Langdon family. Plus, the girl could do nothing even if she wanted to. This is a marriage bond between two families, so the benefits of kelu do not come first. They should marry whatever happens."
"Or no one will let the Wallace family and the girl go through this."
"But a few slaps from his father are enough to warrant Mitch. Haha. Shit, I was supposed to record the scene as it happened so I could re-watch it every day and relive the moment."
Hearing that, Henry suddenly recalled something and turned his head towards Jasper. "Oh yeah, I heard my father say something about the Langdon family ordering a large amount of electronics before I came here. I think they plan to send it to the Southeast Province after customs."
"That might be their support for the Hanks family. What's going to happen to him now?" ask Jasper.
Henry grunting. "Dad will travel there himself. He told me not to worry. With him there, the Langdons won't even get the chips from Harbor City."