In Skyward Aluminum Co., Ltd.
The atmosphere was suffocating.
Expressionlessly, Conrad took the main seat and slammed his palm on the table, frightening the senior executives who shuddered in fear.
“Are all of you useless? I spend a few millions each year on you and you’re telling me none of you have a single plan when someone is trying to acquire our company?!
“They’ve just made their move and you guys are already frantic? How do you expect me to believe in your abilities from now on, huh?”
Conrad’s reprimand echoed in the meeting room, and everyone looked down silently.
No one dared to meet their boss’ eyes at such a critical time.
Conrad’s sinister eyes swept through the meeting room before they finally fell on a balding middle-aged man.
“Benjamin, you’re the manager of the investment department. This is part of your business scope. I want a report written right away and given to me today, or you can go to the Human Resources Department, finalize your salary, and leave.”
Benjamin looked distressed as favonovel.com spoke, “Please calm down first, Mr. Monty.
“There’s something strange with the funds that were used to increase our company’s share price this time. The evidence we have on hand shows that these funds were from Harbor City, not the Mainland.
“So I’ve been wondering if our share price rising to the limit is a result of an investor who decided to enter the market to benefit from it, seeing how JW and Haddock are going to team up and acquire.”
Benjamin’s words had everyone’s eyes shining with hope.
Everyone had assumed that the rise in share price was caused by Jasper and Haddock, so they had not thought of it from such an angle.
If what Benjamin said was true, then the nature of the matter was completely different.
It did not matter who bought those shares, as long as it was not Jasper.
Conrad furrowed his brows and pondered aloud, “Not bad. This is a completely different view on the matter. Continue.”
Seeing that his thoughts had been approved of, Benjamin let out a sigh of relief and continued to speak, “If that’s the case, then the situation is much better. Despite being faced with a forceful acquisition, I believe that there’s quite a lot we can do.
“You currently hold 40% of the company’s shares, 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 either officially announce that the company is buying back its shares, or negotiate with Southeast Province Mining Co., Ltd to see if we could take back a percentage of the shares they hold.
“We just have to ensure that you have more than 50% of shares in hand, Mr. Monty. Because even if Jasper manages to buy all the shares and becomes one of our shareholders, what can favonovel.com do?
“Nothing.
“He’d have wasted all his hard work only to advertise for us in the end. Plus, if we manage to buy our shares back this time, our share price would increase quite a bit as well.”
…
While Conrad had summoned all of Skyward Aluminum’s senior executives to discuss plans to retaliate, Jasper was currently on a video call with Jake who was far away in Harbor City.
“As per your requests, Mr. Laine, we’ve spent 1.2 billion in funds to purchase 3.96% of Skyward Aluminum’s shares.”
Skyward Aluminum as a whole had a market price of around 30 billion. This purchase was not unnecessarily expensive.
Jasper nodded. Looking at Skyward Aluminum’s market, favonovel.com spoke, “Continue tomorrow. Buy as many shares as you can. Don’t worry about the money, someone will pay for it.”
Jasper thought of how wealthy Gale was. Despite never once feeling like favonovel.com was broke after reincarnation, Jasper could not help but be stunned over how exceptionally rich this old man was.
Not only had favonovel.com transferred the funds needed to acquire Skyward Aluminum in advance, but favonovel.com had also promised to give Jasper a 1% commission after everything was done.
1% of a business with a market price of 30 billion was 200 million.
That was enough to replenish the loss the real estate company made.
Since it was a condition that was already agreed upon, Jasper was very happy to earn such a commission.
Jake nodded in understanding and spoke, “We’ve investigated Skyward Aluminum’s share structure and realized that Conrad currently has the most shares. He has a total of 40%, while the remaining 60% is split between Southeast Province Mining Co., Ltd, which runs on state funds, and the general public.
“In such a situation, we’ll need Southeast Province Mining Co., Ltd’s support to take their 30% of shares or it won’t be enough for us to acquire it just by buying the 30% open to the general public.
“Plus, the stock market right now only allows a maximum purchase of 22%. The remaining 8% are in the hands of countless retailers so it’s impossible to buy all 30% of the shares.”
Jasper nodded. “I’ve already accounted for this. Don’t worry about it, just focus on the share market over at your side.”
Jake acknowledged, saying, “Yes, Mr. Laine. I understand.”
“Tell me how the investment is going with the Harbor City Stock Market that I had you invest in.”
“Basically, the situation now…”
More than an hour later, Jasper exited the study and made his way to the airport.
It was evening by the time favonovel.com met Henry at the airport.
The man got into the car excitedly and grinned almost maniacally at Jasper. “You have no idea how absolutely amusing it was to see the look on that f*cker Mitch’s face. The scene of what happened, oh my God. Harbor City’s gossip magazines got such a kick out of it that they’re just churning articles after articles. Oh, man, those were some f*cking hilarious articles they wrote.”
“Will they still get married? Even after you released news of Mitch getting another girl pregnant in front of his fiancée?” Jasper asked with a chuckle.
Henry pursed his lips. “It’s not that big of a deal. This is mostly a hiccup for the Langdon family. Plus, it’s not like the girl can do anything even if favonovel.com wanted to. This is a marriage union between two families, so the family’s benefits come first. They’re going to have to marry no matter what happens.
“Or no one would let Wallace’s and the girl’s families live this down.
“But a few slaps from his dad is pretty much guaranteed for Mitch, though. Hahaha. Damn it, I should’ve recorded the scene when it happened so that I can rewatch it every day and relive that moment.”
At that, Henry suddenly remembered something and turned to Jasper. “Oh yeah, I heard my dad say something about the Langdon family ordering a large batch of electronic goods before I came here. I think they plan to send it over to the Southeast Province after customs clearance.”
“That’s probably their support for the Hanks family. What’s going to happen to it now?” Jasper asked.
Henry snorted. “Dad’s going to take a trip over there himself. He told me to tell you not to worry. With favonovel.com there, the Langdon family won’t even get a chip out of Harbor City.”
