Chen Mo is also a little strange. For example, the restaurants he and Dougson cooperate with have stipulated that part of the equity cannot be changed within a certain period of time.
Garrison Investment Company and Huafeng Group do not have this agreement?
That's right, Chen Mo is also the major shareholder of Huafeng Group, and there is no such agreement. But, weren't the shares of Huafeng Group transferred to Babner Company?
Chen Mo asked: "The shares of Huafeng Group are not in the hands of Babner Company?"
Bai Xiaoou shook his head: "It was once in the hands of Babner Company, but Garrison Company played a word game, and this part of the assets has long been separated by Garrison Investment Company..."
"Then Barberna goes public..."
"Before the listing, Garrison Company was the fourth shareholder of Babner Company."
John Michael also had a wry smile on his face
Chen Mo shook his head, reached out and touched John Michael with his fist: "How did your company handle it?"
John Michael shrugged and spread his hands: "There is no other way. Prepare to borrow some money to repurchase the stock. As long as the company's operating conditions are good, Garrison's withdrawal of capital is not necessarily a bad thing for Waylon Company."
"I also want to repurchase the shares held by Garrison, but as a result, the company's financial pressure will be too great." Bai Xiaoou looked at Chen Mo.
Chen Mo shook his head, unable to help.
The stock price of Huafeng Group appreciated too fast. Last year, he sold part of his shares at US$3.55 and US$4.5 per share, and the stock price more than doubled in just nine months.
Chen Mo took out his mobile phone and checked. The stock price of Babner Company is now stable at 7 US dollars per share. He had previously subscribed for 5 million shares, which calculated as a loss.
It is impossible for Chen Mo to spend US$476.1 million.
"The company can redeem part of its shares. You only need to buy 27.61 million shares, how about? The part redeemed by the company is directly written off, and the value of each share has increased year-on-year."
"Will other shareholders agree?" In this case, Chen Mo could consider buying it back and making a profit.
"If you have this ability, Wellen Company will not object. Wellen Company has too much to take care of itself now..."
What exactly does this Garrison Investment Company want to do?
Garrison Investment Company united three restaurant companies to settle in the Napa wine estate community, and then sold more than 3,000 acres of land and vineyards, and built a community real estate project. The profit should be 500 million. Buy WeChat for less than 10 US dollars.
He became the company's largest shareholder and has now fully withdrawn its capital.
The same goes for Babner.
Plus Huafeng Group...
The reason why these three companies have formed a solid alliance is because of Garrison Investment Company. With the momentum of the three companies joining together, it is very possible to grow into a giant in the catering industry in a few years...
All Chen Mo can think of is that they will fully support ppyi payment company's business expansion.
Chen Mo couldn't figure out these questions.
In the afternoon, Chen Mo went to Wells Fargo Bank and borrowed 300 million U.S. dollars using part of the equity in River Valley Ranch as collateral. Bai Xiaoou also obtained a 250 million U.S. dollar loan from Wells Fargo Bank with authorization from the board of directors.
Garrison Investment Company suddenly withdrew its capital. Bai Xiaoou always felt uneasy and borrowed an additional 50 million yuan as the company's reserve funds. At the same time, he had to support the construction of TBL Resort.
Early the next morning, Chen Mo and the others went to Garrison Investment Company in San Jose and signed an equity transfer agreement and contract.
Chen Mo returned to be the largest shareholder of Huafeng Group, holding 10,000 shares of the group.
Huafeng Group’s equity has also undergone major changes.
These shares have to be bought, otherwise they will be sold to Huafeng Group's biggest competitor, Panda Catering Group, and the company will be even more passive by then.
Chen Mo holds 10,000 shares and is the largest shareholder.
Wellen Restaurants holds 30.86 million shares...
Bai Xiaoou holds 15.02 million shares.
After all, it is an unlisted company, and there are very few shares circulating outside. The circulating stock price has not changed much, and it still remains at around US$9.3 per share.
"The company shouldn't make too big a move this year. Just stabilize the current business and consider closing some restaurants that are not doing well. I always feel that Garrison Investment Company's divestment is a bit strange." Chen Mo said after coming out of Garrison Investment Company.
.
Bai Xiaoou frowned: "I think so too." He said with a smile: "You are now the largest shareholder of the group, and you almost control the controlling stake. You have the final say on the development of the company."
Chen Mo punched Bai Xiaoou on the shoulder: "What are you talking about? By the way, I want to merge River Valley Company into Huafeng Group, what do you think?"
"This... is good. But are you willing to do it?"
"What's the point of being reluctant to part with it? The two of us have an absolute controlling stake in the Huafeng Group..."
"Okay. Then the company will have to pay back the loan."
"Didn't I just repurchase 20 million shares? I'll discuss it with Dougson."
"Okay, then I'll go back to the company."
Chen Mo also got on the Ferrari 488 and came to the River Valley Restaurant near Monty Sangli Park. A building covers an area of nearly 1,500 square meters. It is a two-story prairie-style building with a large parking lot. It is adjacent to the park and is surrounded by very good restaurants.
green facilities.
The property was purchased directly by Riverdale Corporation for $37.2 million.
Dougson is presiding over the renovation of the restaurant.
After the completion of the restaurant, the second floor is the beautiful River Valley Steak House, and the first floor is turned into a members-only bar, a high-end coffee shop, and a cooking training class.
Dougson was wearing a safety helmet and was watching workers hanging signs. When he saw a Ferrari approaching, he looked up and greeted with a smile: "Hi, Mo."
Chen Mo stepped forward and hugged Dodson.
Dougson looked at the car and said, "It's a good car."
"Thank you for the compliment." Chen Mo said with a smile, pointing to the rest bench in the garden outside, and the two of them walked over: "Are you interested in becoming a shareholder of Huafeng Group?"
"What?" Dougson thought he heard wrongly and asked again: "Become a shareholder of Huafeng Group?"
Chen Mo shrugged: "Garrison Investment Company has withdrawn its capital." This is not a secret. Dodgson will know it in a few days even if he doesn't deliberately inquire about it.
"Why did they withdraw their capital? Huafeng Group's annual report is extremely brilliant..."
"I don't know. I guess they may continue to invest a lot of money. If you are willing to join Huafeng Group, I will merge River Valley Company into the group. If you are not willing, then forget it."
Dodgson pondered.
Huafeng Group is not like Wellen Company...
The business model of Huafeng Group is better than that of Panda Catering Group. From the establishment of the company to the present, the company has been making profits...
“How many shares can I get?”
"Huafeng Group now has 20 million shares that can be allocated, and the price is 10 US dollars per share." Chen Mo said one by one, 10 yuan per share is the selling price of Garrison Investment Company. If Dougson wants to enter this company,
Also need to give a price of $10 per share…
"So... Riverdale's valuation?"
Chen Mo smiled bitterly: "The company hasn't started yet. Of course it's the valuation of the registered capital..."
"Didn't I lose money? The shares in my hand have been distributed to my team..."