The Son of Finance of the Great Age

Chapter 664: Mitsubishi UFJ

  Chapter 664 Mitsubishi UFJ Changes the Sky

  What can Soros bring to Pan Ryu?

  In addition to the personal interests of 50 million U.S. dollars, there is also the waving of flags on the US side and exerting some public opinion pressure on Stanley. But the most important thing is that Pan Liu Xinxiong thinks that Yong Yi Kedian has made a fool of himself, and he can use this opportunity to win over people like Zhong Shi as a help.

Before the official showdown with Yongyi Kedian, Pan Liu Xinxiong decided to have a talk with the other party. Firstly, he wanted to test the other party's tone and see if he could get some useful information. If the other party could not be persuaded, then an urgent meeting of the board of directors was held. , taking the opportunity to deny the opponent's actions and suppress the opponent's growing reputation.

  Pan Liu Xinxiong is very sure that Stanley is currently in a precarious situation, and most institutions in the market are avoiding it, lest they have anything to do with this company. But the investment department in charge of Yongyi Kedian wants to make a move at this time, which is simply a godsend opportunity for Pan Liu Xinxiong.

   "Mr. Yongyi, I need to talk to you about the proposal to invest in Stanley Company!" The next day, in Pan Liu Xinxiong's spacious office, he personally summoned Yongyi Kedian. There wasn't even the slightest pleasantries, and the moment he came up, he was asking the teacher for his crimes.

  Yongyi Kedian is in his fifties and is the backbone of UFJ Finance. Despite UFJ's poor management and heavy debts, Yongyi Kedian's investment performance is unique and has become one of the few bright spots of UFJ Group. It is precisely because of this that he can be regarded by the UFJ faction as the next candidate to take charge of Mitsubishi UFJ.

  He is no longer young, his face is full of dimples, and his cloudy eyeballs often show a kind of listlessness. Only the black hair can give people a sense of vitality. But it would be a big mistake to judge people by their appearance. In fact, everyone who knows Yong Yi Ke Dian knows that he is an energetic guy with lightning skills, and he is a strong character in the investment department.

   "About what?"

The respectful expression on Yongyi Kedian's face remained unchanged, but his words were not polite, "If I remember correctly, this transaction has already been approved by Mr. Pan Liu. Besides, it's a professional thing, I'm afraid I'll explain it Mr. Pan Liu can't figure it out, can he?"

  Pan Liu Xinxiong's face flushed red immediately, his temples throbbed faintly, and his hands unconsciously clenched into fists.

  As an outstanding banker, Pan Liu Xinxiong can be said to be a master in the field of operation and management. But in the field of professional investment, he can only be regarded as a primary school student. Yongyi Kedian sarcastically mocked him as a layman, why couldn't he hear it?

Provocations to superiors are not common in Japanese companies with strict hierarchy, so for Yongyi Kedian’s provocation, Pan Liu Xinxiong was furious. How can he say that he is the chairman and CEO now, so why do he need a subordinate to "report his words" in front of him? "? But when he thought about the intention of coming, Pan Liu Xinxiong held back his anger and said as calmly as possible: "It is different today. When I approved the acquisition of Stanley's shares, they were still an excellent company. But now they are on the verge of bankruptcy. Hanging by a thread. If we still buy such a company, then we will become a joke in the industry."

   "I don't know if it's a joke, but I know what bargain hunting is!"

  Yong Yi Kedian was quite surprised by Pan Liu Xinxiong's reaction. He originally thought that the words just now were enough to make the other party turn against him. But Pan Liu Xinxiong suppressed his anger vigorously, which made him vigilant, what is the other party's plan?

Although he didn't understand why he came here, Yong Yi Kedian explained as much as possible: "Stanley itself is a good company, there is no doubt about it. They just encountered temporary troubles, and the stock price fell sharply because of it. This is exactly what we are doing. Investment opportunities, I’m greedy when others panic, that’s what I’m talking about. Besides, there are risks everywhere in investment. If we give up possible returns because of risks, then what else do we need from the investment department? It’s better to store them in the bank to earn interest .”

   "So, if I ask Yongyi Jun to give up this acquisition plan, will Yongyi Jun not give up?" Regarding Yongyi Kedian's explanation, Pan Liu Xinxiong didn't take it to heart at all, what he needed was the opponent's attitude of challenging him. At this time, he felt refreshed, with a half-smile on his face, as if he was holding a wisdom pearl.

Seeing Pan Liu Xinxiong's attitude, Yong Yi Kedian's heart skipped a beat, but he refused to show weakness at all in his words, "Of course, this kind of investment opportunity does not come across at any time. Besides, as long as we do hedging on derivatives , the risk of this transaction will be greatly..."

"Since I can't convince you!" Pan Liu Xinxiong would not listen to Yong Yi Kedian's explanation, and stopped the other party from continuing with a wave of his hand, "I suggest convening an emergency board of directors to discuss the investment in Stanley. The shareholding is only 1 % of the shareholders will participate. Whatever resolution is made by the board of directors, this transaction will be implemented according to the resolution. How about it, Mr. Yongyi, is there any problem?"

  Before the general meeting of shareholders, holding such an enlarged meeting of the board of directors, on the one hand, Liu Xinxiong intends to suppress the prestige of Yongyi Kedian, and on the other hand, it is to test those shareholders who are still vacillating to see who they prefer.

  Acquisition of Stanley's shares is an excellent touchstone, especially for Tianyu Fund's Zhong Shi, such a well-known financier is unlikely to support this idea. Otherwise, with the strength of Tianyu Fund, why not buy such a company? Pan Liu Xinxiong was already concerned about the fiasco of Yongyi Kedian.

   It turned out that he had this idea! Yongyi Kedian suddenly felt determined, nodded his head, and expressed his agreement. He naturally knew that the acquisition of Stanley's shares was a deal between him and Zhong Shi. He also wanted to see if Zhong Shi would stand firmly on his side at the board meeting as he had been traded for.

  Thanks to the development of modern technology, just half an hour later, shareholders of MUFG from all over the world were called together. Of course, they are not sitting in the same meeting room, but they all appear in front of everyone through video calls.

   Similarly, the bell stone also appeared on the screen. Although he looked indifferent and expressionless. But he had already guessed what the situation was, and he sighed inwardly, Pan Liu Xinxiong really wanted to die, if he hadn't been in such a hurry to disclose the internal conflicts, he would still be able to sit until the shareholders meeting at the end of the year. Now that everything is revealed to the world, I am afraid that I will leave in a month or two.

The meeting was presided over by Pan Liu Xinxiong. After he introduced the dispute with Yongyi Kedian to the shareholders in fluent English, he immediately said with concern: "Dear shareholders, although some of you are not members of the board of directors. But the transaction volume of this business may More than ten billion US dollars, I think you have enough rights to understand the cause and effect, and choose whether to carry out this business according to your own interests. What I need to remind is that according to the news from the United States, the cash in Stanley Company Flow suffered a huge withdrawal, which is enough to show that their customers have lost confidence in them. Moreover, it is said that Stanley’s internal bond losses have accounted for 20% of the total assets, and the actual number may be more than this. In this case, I really can't find a reason to invest in this company that may go bankrupt at any time. I believe that everyone will be as puzzled and confused by this transaction as I am. Here I suggest that the negotiations with Stanley be suspended immediately and truly protect the interests of all shareholders.”

   "Mr. Shareholders, first of all, I must admit that some of what Mr. Pan Liu said is true."

When it was Yong Yi Kedian's turn to defend himself, he unhurriedly agreed with the other party first, and then changed the topic, "But what I'm afraid gentlemen don't know is that Stanley has announced the transformation into a bank holding company, which means So they can get unlimited cash flow support from the Fed. But now their CEO told me that in the terms the Fed promised them, they must obtain a large amount of funds to replenish their own cash, otherwise the Fed will not sell, this is Our investment opportunity. I believe that you know better than me what kind of company Stanley is. You must know that even before the bankruptcy of Lehman Brothers, this company did not have any major adverse or bankruptcy news. This is a manifestation of the extreme panic in the national banking industry. This panic has suppressed the normal performance of Stanley's stock, and it is precisely because of this that I decided to buy Stanley's stock. I believe that as long as this crisis passes, Three years from now you will all see the enormous benefits of this deal. And of course, share in it all!"

  Pan Liu Xinxiong really wanted to refute his words, but at this time it was not easy to show his face. He snorted coldly and said, "Since the reasons for both of us have been clearly explained, then please share your views."

  Because it involves a transaction of tens of billions of dollars, shareholders will naturally not express their opinions so easily. After asking several questions one after another, they began to express their opinions one by one.

  Some of them understand the meaning of this emergency board meeting, while others are not. However, after seeing the almost tit-for-tat views of the two, even the most stupid people can vaguely understand. According to the order of voting, the major shareholders behind Pan Liu Xinxiong and Yong Yi Kedian chose to support them successively, which made others more aware.

  This is not about facts, but about people!

  The situation became clear very quickly, and the side of Ryu Shin-woong got 41.75% of the support, while the side of Yong Yi Kedian got the support of 38.35%. Among the remaining 19.90% shareholders, shareholders who are eligible to attend this meeting hold a total of 9.78% of the shares, and Zhongshi's Tianyu Fund occupies 4.79%, which has become the key to determining the outcome.

  At this time, the voting work has also entered a time-out period, and everyone realizes that the critical time to distinguish between the winner and the loser has arrived.

  If Jong-seok supports Young Yi Keden’s side and the rest support Pan Ryu Shin-oong, then Ban Ryu Shin-oong’s side still wins. But the problem lies in the identity of Zhong Shi. If such a financier chooses to support Yong Yi Kedian, then other people are very likely to be persuaded. Since Zhong Shi is optimistic, then this transaction is very likely to have a good prospect.

  Pan Liu Xinxiong and Yong Yi Kedian naturally understood this truth, they both looked at Zhong Shi at the same time, waiting for his choice.

"I also know something about the current situation of Stanley and Goodman. As far as I know, on Friday, Stanley just broke up with Huaxia Investment, and the two sides broke up. I think, if Huaxia Investment Such a sovereign fund is eyeing Stanley, so Stanley must have something worth investing in." Zhong Shi said lightly, "I didn't understand what was going on until Stanley announced that it would become a bank holding company. The US government and the US The Federal Reserve will never allow such an institution to fail again, because it will completely destroy the global confidence in the U.S. economy. Moreover, the core of the rescue plan announced by the U.S. government recently is to protect such a large institution and restore confidence in the market. So I judge that, This deal will go a long way.”

  After he finished speaking, he still maintained a calm look on his face, as if he just said an insignificant little thing, rather than a huge deal.

"what?"

  When he heard "a place worth investing in", Pan Liu Xinxiong already knew Zhongshi's choice, and he couldn't listen to it anymore because he was so shocked. He knew that he had lost, completely lost. Not only failed to stop this business, but also lost in the battle for the position of the next president and CEO.

   Contrary to his pale and sweaty reaction, Yong Yi Kedian was ecstatic and almost laughed out loud on the spot. While trying to suppress his "childish" performance, his fists were clenched tightly, his nails were almost inserted into the flesh, and his arms trembled slightly due to extreme excitement. And all this, he himself didn't realize it.

  In the following voting process, two more shareholders chose Yongyi Kedian. Perhaps they did not support Yongyi Kedian, but chose to believe in Zhongshi, but at this time, who would care?

  After Zhongshi expressed his position, Mitsubishi UFJ Financial officially announced the change of the sky!

   Thank you book friend Huang Tianlong, let me go! Vote for the monthly ticket! It’s not long after I’ve just finished my work at home, and there are more things at school, but the author will still insist on writing a book, no matter what happens, I hope more book friends will support this book, thank you all ~

  

  

  (end of this chapter)