757 Conditions that cannot be rejected
"Gentlemen, since I can lead Citi to grow, let your wealth grow by twice or twice.
Then I have the qualifications and reasons to seek rewards for myself, right?"
"this,,,."
Taylor Garner rushed to say without waiting for Chairman Alan Guy to speak, "I don't think anyone can deny this, and no one dares to give up big profits because of a little reward."
And, Taylor glanced at the shareholders, “Gentlemen, Henry has no specific positions on Citigroup and the board of directors.
He has no obligation to make money for everyone. Instead, as a major shareholder, he has the right to ask Citigroup and management to make money for him.
So, I think the first issue now is that as a major shareholder, and as a partner who can bring us huge benefits.
Henry is just a member of the board of directors. Not only is he not worthy of his identity and ability, but isn’t it too wasteful for us?”
fk.
Alan Guy looked at all the shareholders and felt inexplicably sad when he saw that no one stood up to speak for him.
Although he knew that he could not sit in the position of Chairman of the Board for a long time, after all, he had already surrendered for his interests, such as Jin Qian and Li Changheng.
But as soon as the shareholding contract was signed, he was the chairman of the board of directors for 7 years.
It led Citi to merge three commercial banks, making Citi's market value rise from more than 4 billion to the current 7 billion meritorious service.
Isn't it too cold-blooded and insulting?
Fortunately, when Taylor was feeling proud, he saw Li Changheng shook his head slightly at him.
I immediately understood that Li Changheng did not immediately sit on the chairman of the board.
So, before the shareholders could speak, Taylor changed his words, "At least give Henry the position of Vice Chairman of the Board of Directors and the always vacant chairman of the Investment Committee!"
Among the next group of shareholders, at least 70% nodded without thinking.
For Li Changheng, as long as he achieves his achievements, the chairman and chairman of the board are his belongings.
But as soon as he became a major shareholder, he drove his ex away. He was really too inhumane and seemed too keen on power.
Moreover, even though Alan Guy surrendered, underestimating and humiliating him was definitely a fool.
On the contrary, it is the wisest way to provide him with help from him at this time.
Taylor looked at Li Changheng and saw a smile on his face. He then felt relieved and continued, "Give Henry a few years to prove himself.
After Mr. Alan Guy retired, Henry took over the position of Chairman and Chairman, which was reasonable and no one had any arguments."
"I agree."
With the first person speaking, within a minute, all shareholders raised their hands and voted in favor.
It is the first board resolution passed by Li Changheng after he acquired a stake in Citi.
After thanking and praising Alan Guy, Lee Changheng officially took over the rights of Citigroup's investment department.
And just wait for Alon Guy to give up his rights, retire or become a think tank member after Li Changheng became the chairman.
Of course, if this old guy can't see the situation clearly or is greedy for power, it's another matter.
"Okay, continue with the topic just now." Li Changheng, who was sitting in the first position of Aaron Guy's left hand.
He said with a smile, "Citi's current market value is 7 billion, but tomorrow, the day after tomorrow, it may exceed 7.5 billion, and 8 billion is possible."
Some of the shareholders were happy when they heard this, but some were sighing. After all, everyone had thought about taking the opportunity to buy more stocks in the market.
Now, at the press conference, Li Changheng said that earning more than one billion or two billion would be easier than that of an ordinary person who earned 10,000 or 20,000 US dollars.
Three days later, Citi's stock resumes trading. If nothing unexpected happens, there will definitely be investors who are willing to trust it and even take risks to buy Citi's stock in a small batch or even risk a large number of people.
Once shareholders join the rush to buy, it is possible that more than 8.5 billion will be more than 75,800.
Everyone’s wealth has increased, so it’s certain that they are happy, but who doesn’t want to make more money?
Li Changheng avoided it a little embarrassedly, and more than a dozen shareholders who were blaming him for talking nonsense in their eyes.
"We use 8 billion to base it. For every 8 billion increase in Citi's market value, I hope the board of directors will authorize me to sell me 5% of the shares at the market price."
Alan Guy, who knew that he could not suppress Li Changheng's rise at all, wanted to make more money with Li Changheng.
This time, he did not remain silent, but continued, "It is not unacceptable for us to allow you to purchase and increase your holdings in cash in the form of rewards.
After all, we all want you to focus your energy and time on Citi and create greater value with Citi.
But is 5% too much?”
Li Changheng shrugged, this is just a lion's mouth.
Before bargaining, use it to knock all shareholders out of the way.
“Gentlemen, I now own 17% of Citi, and I can promise to stop when the shares reach 32%.
Until Citigroup’s market value exceeds 100 billion, it will resume its shareholding plan.
When I increase my holdings by 15%, Citi's market value will reach US$32 billion.
Of course, there are indeed many 15% shares, but compared with the increase in market value by 8 billion US dollars every three years, it seems nothing
And, don't forget, I bought it with cash.
Once the market sees me increase its holdings, investors should have more confidence, right?"
After hearing the promise of 8 billion yuan in three years, the shareholders' heartbeat immediately.
For Li Changheng, Citi's current annual net profit is less than 300 million US dollars.
If the market value wants to increase to 16 billion, it is nothing more than double the profit and keep it undecreased for two years. This is really too simple for him.
Li Changheng even feels that as long as the portfolio bond product starts to operate, Citi's market value may soar uncontrollably to 20 billion by the end of next year.
Therefore, he had the confidence to speak loudly.
“2.5 percent.”
When all shareholders were hesitant and considered gains and losses, it was surprising that Morgan, who had always opposed Li Changheng, actually spoke.
"15% divided by 2.5% equals 6.6 times the increase of 8 billion US dollars, which is US$56 billion.
If you can really do it, I think all shareholders will not complain about your 15% stake.
When the market value really exceeds 100 billion, even if you hold more than 33.33%, we are willing, but you must sign a professional ethics agreement.
We cannot enter the projects involved in Citigroup in the future."
fk, all shareholders immediately understand what Morgan is thinking.
However, this time everyone did not consider opposing it.
Once this agreement is signed, it is equivalent to trapping Li Changheng, and he and Citi will not have any competitive relationship in the future.
Military industry, electronics, chemicals, petroleum, nonferrous metallurgy, retail, pharmaceutical products agency, and the financial sector that Morgan is most worried about is equivalent to losing out with Li Changheng's private investment.
For Li Changheng, except for computers, electronic game consoles, angel investment and the future Internet industry, other industries Citi has been involved in are not in his plan.
Chapter completed!