Chapter 51 Everything is ready
After Bang Si Hyuk sent Seo Hyun Joo away, he called Lee Won Bin and expressed that both parties were interested in strengthening cooperation.
"President, there are basically no problems with Xu Xianzhu. When do you think we have time to sit down and chat together?"
Fang Shihe sat on a chair and looked out the window. This year's winter came earlier than in previous years.
On the other side of the conversation, Li Yuanbin, who was working in the company, was naturally very welcoming.
So the other party Shi Hyuk said: "Then let's meet tomorrow morning."
After Bang Si Hyuk wrote down the time, he sent the time and place to Seo Hyun Joo.
The next day, at Shilla Hotel.
Lee Won Bin, Bang Si Hyuk, Seo Hyun Joo and Jin Shijie had a casual meal together.
At the dinner table, Jin Shidai looked at the talented Li Yuanbin with a smile on his face: "Chairman Li really gave me a reason that I can't refuse."
Li Yuanbin raised his glass with a smile, raised his head and drank the red wine in the glass: "Where is it? In the future, the company will need you people to work together so that we can make money, right?"
The four people who ate this meal were very happy and left with satisfaction after the meal.
After the four people determined the basic intention of the acquisition, they went back to prepare.
Naturally, Star Capital’s actions were not hidden from the investors who were paying attention to him.
In particular, Star Capital's plan to go public has reached the final critical moment. At this time, news came that it would acquire two entertainment companies, and for a while, there was an undercurrent in the entertainment industry.
In the past six months, Star Sky first acquired Marble, the largest mobile game company in the peninsula, and then used its name to acquire shares in Big Hit Entertainment and JYP Entertainment, and also invested in SM Entertainment projects.
Each of these events is sending a signal to them that Xingkong is ready to enter the entertainment industry.
They are still not sure whether this company, led by Samsung's Lee Won-bin, will have an impact on the original company after it enters the entertainment industry.
But one thing that is certain is that if these two acquisitions are completed, with his financial resources, a new star in the entertainment industry will rise.
Since Star Capital has injected most of its assets into listed Marble, the two companies can be said to be one.
November 16, Star Capital Building.
A decisive meeting is being held in Conference Room 3, Area A.
Chairman Li Yuanbin and marble president Cui Yongzhen were all present.
Li Yuanbin came to the main podium, looked at the executives in the audience, and started today's theme.
"What we are discussing today is the proposal to fully acquire Big Hit Entertainment and Starship Entertainment."
Due to the importance of the matter, today's meeting was personally chaired by Chairman Li Yuanbin.
Under Li Yuanbin's words, the introductory part of the meeting was quickly skipped, and the rest was voting.
Although Li Yuanbin occupies the absolute dominant position, he still has to consider the opinions of directors when it comes to major company issues.
Of course, without even thinking about it, Li Yuanbin’s proposal has been approved by everyone.
On the other hand, Starship Entertainment and Big Hit Entertainment are also actively holding shareholder meetings.
The only purpose of Bang Si Hyuk, Seo Hyun Joo and Golden Times holding this shareholder meeting is to convince shareholders.
The essence of equity acquisition is the transfer of shares by the target company's shareholders. The transfer of equity must be approved by more than half of the company's voting shareholders.
And other shareholders have the first right to purchase the transferred shares under the same conditions.
So, if they want to successfully complete the acquisition, Bang Si Hyuk and Seo Hyun Joo must convince their shareholders.
Agree to the transfer and waive the right of first refusal, as well as related matters related to the sale of the shares in hand.
Because Xingkong wants to fully acquire it!
At the meeting, Bang Si Hyuk and Seo Hyun Joo laid out the conditions offered by Li Won Bin.
A group of shareholders heard that it was Star Sky's acquisition, looked at the conditions offered, and readily agreed.
In the days that followed, the accounting agency hired by Xingkong conducted a half-month investigation into the two companies.
The final investigation report will also become the basis for Starry Sky to sign the acquisition contract.
In early December, after all investigations and audits were completed, the three companies finally reached an agreement on the acquisition and signed an acquisition agreement.
It was finally decided that Bang Si-hyuk would serve as an independent legal person and president, while Seo Hyun-joo and Kim Era would serve as company directors.
In mid-December, under Li Yuanbin's arrangement, Big Hit Entertainment and Starship Entertainment completed the reorganization and merger, and held the first press conference of the new company in the company hall.
The press conference was attended by Bang Si Hyuk and Seo Hyun Joo.
In his seat, Fang Shihe looked at the media in the audience and patted the microphone: "Now that everyone is here, the KeringM press conference has officially begun."
That's right, the new name after the merger of Big Hit Entertainment and Starship Entertainment is KeringM, or KM for short.
The press conference was conducted in an orderly manner under the chairmanship of Fang Shihyuk.
"Okay, that's all KeringM's content, thank you all for coming."
An hour later, KeringM's press conference finally came to an end.
Finally, there is the familiar question-and-answer session for everyone.
"May I ask President Fang, is the name Kering your last name?"
The reporters present are not fools. These two entertainment companies have just been fully acquired and merged and their names have been changed. The listing of the parent company is coming to an end. "Kingyun" will most likely be the new name of the parent company!
Fang Shihe smiled, neither admitting nor denying: "I can't confirm this matter, and I have nothing to say. Next question."
He set his sights on a newspaper company with which he had good relations: "That one is you!"
A female reporter wearing a black hip-hugging skirt stood up, looked at the question in her hand and asked, "President Fang, what are your expectations for the future of the new company?"
"Of course I hope the company can develop better and better!"
After asking Bang Si Hyuk, the reporters turned their attention to Seo Hyun Joo, who was sitting quietly next to him.
But Xu Xianzhu is obviously also a veteran, and he can answer reporters' questions with ease and is extremely smooth.
"well done!"
In a high-end residence in Jiangnan District, Li Yuanbin, dressed in pajamas, was watching TV with a glass of red wine in his hand.
KeringM’s press conference is being broadcast above.
Bang Si Hyuk and Seo Hyun Joo's ability to adapt to changes in situations has been fully improved, and Lee Won Bin is very satisfied.
After drinking all the red wine in his glass, Li Yuanbin turned off the TV, walked to the floor-to-ceiling window in the living room, and looked at the busy traffic below.
Li Yuanbin's eyes, which had been calm for a long time, once again became confused: "I have finally built the prototype of my business empire."
The corners of his mouth raised slightly, showing a satisfied smile. Just two hours before the KeringM press conference started, Li Yuanbin received a call from Lee Jung Hwan, director of the Korean Exchange.
Star Capital’s listing plan has been officially completed.
Oh no!
It should be called Kering Group now!
Chapter completed!