YM778.TV Chapter 554 - There Would Always Be a Fool That Will Buy
Chapter 554: There Would Always Be a Fool That Will Buy (Part One)
Young Master Lee glared at Xu Cheng. “You already won money from me, what else do you want?”
Xu Cheng said, “So, after I won the money, I have the right to deal with these shares however I want.”
The senior from the Lee Family glared at Young Master Lee and scolded, “Apologize!”
Xu Cheng raised his hand. “Don’t. Apologizing is useless, nor am I going to accept it. So, there’s no need.”
The elder gave the bodyguards a look. The two bodyguards nodded and they both walked to Young Master Lee, held the back of his head and his back, and directly forced him to bow to Xu Cheng.
“Is this alright?” the elder asked Xu Cheng.
Xu Cheng just kept on smoking his cigar.
The bodyguard kicked Young Master Lee on the back of the leg, causing him to immediately lose his balance and drop onto his knees.
“Is this enough?” the elder of the Lee Family said again.
There was no other option for them. The shares in Xu Cheng’s hands were as important to the Lee Family as their lives. If the shares go into the pocket of the government and other families, then the Lee Family would lose absolute control over the company, and then it would no longer solely belong to the Lee Family, marking the end of an era for the Lee Family in the Bang Nation.
Seeing how furious and embarrassed Young Master Lee was but also how he couldn’t fight back, Xu Cheng laughed and said, “I see your sincerity, but is it this young master’s sincerity? Why do I feel that it’s a bit forced?”
The elder slapped right on Young Master Lee’s face and said, “Apologize!”
Seeing the dark face of the elder, Young Master Lee became scared.
He immediately said to Xu Cheng, “Sorry!”
Xu Cheng replied, “In my country, there’s a saying called ‘we can’t hit someone if he has a smile on his face’. So, in most cases, when someone wants to apologize, they would put on a big and warm smile, not the expression you have right now that makes it seem like I killed your family or something. That’s impolite.”
“You!” Young Master Lee was furious. But feeling the furious gaze from the elder, he had no choice but to squeeze out a smile, a smile that felt even more painful than killing him.
“Mr. Xu, I’m sorry, please forgive me!”
“Sigh*, never mind, never mind, your smile is even uglier than your crying.” Xu Cheng tsked tsked, then looked at the Lee Family elder and directly said, “It’s not impossible to take back the shares. 14 billion!”
Young Master Lee directly scolded, “I only lost 8.7 billion and that’s why I handed you the shares, don’t push your luck too far!”
“I don’t appreciate what you are saying now.” Xu Cheng glanced at him from the corner of his eyes and said, “That’s collateral, and the value obviously has to shrink. Besides, I don’t want to sell right now, and it’s you guys that want to buy it from me, so of course you have to give me a price that shows how sincere you guys are. You said it that night too, the market price is 12 billion, and since you guys are in a rush to buy it, you must be sincere, right? Only a fool would sell it to you at the market price. So, come back and talk to me when you have 14 billion ready.”
Young Master Lee immediately retorted, “Who’s going to buy it from you if you charge 14 billion? Only a fool would buy it!”
Xu Cheng said nonchalantly, “Indeed no one would buy it at 14 billion, but a lot of people will fight to get it at 12 billion, do you believe me? There’s not just your Lee Family in the M Nation, I’m not afraid that there’s no buyer. For instance, I can sell it to the government, or the pro-government corporations. The point is, whoever I sell it too, the Three-Star Corporation’s last name wouldn’t be Lee anymore without this 4%. So, if you want to ask someone for a favor, you should at least act like it. Are you regretting it now? What were you doing before? Young Master Lee, could it be that you forgot about how ugly your face was a few nights ago? If you screwed up, you have to pay up for your mistake. Don’t bother if you don’t have 14 billion, not even a cent less. Three-Star needs corporate restructuring now, right? I’m not in a hurry. Without this 4%, I will just watch who will end up taking control of the company.”
Each of his sentences hit the fatal points of the Lee Family. He was very correct, the Lee Family desperately needed this 4%.
Chapter 554: There Would Always Be a Fool That Will Buy (Part Two)
The elder of the Lee Family said with a smile, “Mr. Xu, we will take it for 14 billion dollars.”
Young Master Lee was dumbfounded.
Xu Cheng smiled at him and said, “See? There would always be a fool that would buy, am I right?”
The elder of the Lee Family: “But 14 billion is not a small amount, I can’t take out as much right now. How about this, are you okay with us paying you in installments? For the first payment, we will do 5 billion.”
Xu Cheng faintly smiled. “I’m sorry, but given your Young Master Lee’s reliability, I deem the Lee Family’s credibility to be 0, so I can’t accept that. I don’t trust you.”
Young Master Lee was about to puke out blood.
“He is he, he can’t represent our Three-Star’s Lee Family.” The elder snorted, “We are willing to enter into this deal with you as the Three-Star corporation, and take the formal legal procedures. We can even let the media cover it to get the public to supervise so that there’s no chance we won’t pay you fully. But, I hope Mr. Xu can agree to one condition, and that is to note it in the contract that during this period, you cannot sell the remaining shares to other buyers.”
Xu Cheng thought that since he won 8.7 billion, got Young Master Lee to kowtow and apologize, and then was able to sell that 8.7 billion worth of shares for 14 billion, it was indeed a great deal. He didn’t give them any more difficulties.
“Alright, then let’s follow the legal procedure with my lawyer.” Xu Cheng stood up and was about to leave. Then, remembering something, he added, “Then you can add another condition in there. Just say, during the equity transfer period, Young Master Lee must pay attention to his behavior. If I’m unhappy, I can stop the transaction at any time.”
Although the elder was furious, he could only suppress his anger and comply, “Alright.”
Young Master Lee almost fell unconscious from anger.
Xu Cheng had Stenson take care of the rest.
After walking out, Haber’s assistant walked over, passed a phone to him, and said, “Mr. Xu, it’s done. I also took a picture of that young man kneeling to you.”
“Very good, thanks.” Xu Cheng took the phone with satisfaction and left.
“Hello, Boss.”
“In a bit, someone from the Three-Star Corporation will get in touch with you. They have 4% of their company’s shares in my hand, and there will be someone that will give you the equity transfer documents. Three-Star wants to buy them back, and they agreed to pay 14 billion. Just handle the procedures, they want to pay in installments,” Xu Cheng said.
Stenson’s mouth was so wide open that it could fit an egg. “Boss, where did you get that many Three-Star Corporation’s shares? 14 billion?!”
Xu Cheng sighed. “Have no other options. I’m short on money these days. Alright, when returning the money to Saar and the others, just give them each 100 million as a show of my gratitude.”
Stenson nodded and said, “Alright, I will arrange it.”
Xu Cheng: “Also, tell Caesar, after this contract is signed with Three-Star, hack the giant screen that Three Star owns at the Bang Square (TL note: equivalent to New York’s Time Square), and put some ambiguous caption related to sucking up to Huaxia. I will send you some photos in a bit to put on the giant screen.”
By then, when the scene of a senior exec at Three-Star kneeling in front of a Huaxia man gets exposed in Bang Nation, who knows what kind of hot water Three-Star would be in.
It was pretty interesting just thinking about it.