Chapter 1508 The Pu family is bankrupt
And at the same time.
Nan Han’s Park family is already in a crisis. The stocks are falling sharply. Everyone knows that the Park family is finished and there is no chance to turn things around.
Originally, Park Group's stock was extremely high, but after this period of time, it had fallen from its original highest point to the bottom, and there was even a risk of delisting.
Moreover, in the eyes of industry insiders, the delisting of the Park family's stock is a foregone conclusion.
Even if Park Ji-qiang has some ability, he will not be able to turn the defeat around at this time.
"Chairman, we, we can't hold on."
Although everyone in the Park family was unwilling to give up, they had no choice but to admit defeat now.
They had no other way than to admit defeat.
"The chairman, several banks before, have come to urge loans again and have sealed our properties. If we don't pay the money, these properties will be used to pay off the debt."
For a moment, bad news about the Park family came one after another.
Of course, if the Park family had not experienced compensation of US$3 billion, coupled with internal friction with Damingmen and reserves of overseas funds, the Park family would not have much problem dealing with these loans.
But now, they are unable to repay.
Moreover, Park Ji-kong also knew that no matter how much money the Park family invested, it would be useless.
Now the Daming Sect is at its peak, and with the giant Hei Chuan Consortium, they have no choice.
"Chairman, please make a decision earlier, so that you can lose less."
Some people from the Park family persuaded helplessly.
Of course, what these people said was to file for bankruptcy, which means that the Park family lost completely. However, if they did not issue the issue, the Park family would still not be able to withstand it and would eventually be forced to file for bankruptcy.
"You guys are letting me think about it."
Park Ji-kong was full of unwillingness. After all, Park's group had the hard work of several generations, especially in the hands of his elder brother, which reached its peak.
Inside the Pu family’s ancestral hall.
Park Ji-kong knelt in front of the tablet of the ancestors of the Park family, where there were the tablets of the Park family's ancestors from generation to generation, as well as Park Ji-kun brother and Park Ji-tae.
"Brother, it's useless for me. I didn't protect the Park family well, and I didn't avenge you. The Park family is over now. I'm sorry for my brother and for the ancestors of our Park family."
Park Ji-qiang sighed and continued, "The Park family has no choice but to apply for bankruptcy. I hope my ancestors can forgive me. I have established a fund overseas to give our children a chance to rise again. I believe that after our Park family collapses this time, we will rise again."
Of course, Park Ji-qiang also knew that it was almost impossible to return to his current position, and it might take several generations of efforts.
But Park Ji-qiang himself couldn't see it.
At this moment, the Park family was shrouded in dark clouds, and the talents trained by the Park family had begun to be poached one after another.
The Daming family and the Park family are completely different.
"Haha, have you heard of it? The Park family is almost finished and is already thinking of filing for bankruptcy."
The disciples of the Daming Sect started to discuss excitedly.
"That's not, just by the Park family, how could it be possible to compete with our Daming clan? What's more, there is also a Heiba Fortune, which is not something that the Park family can fight against."
At this moment, the disciples of Daming Sect were also unprecedentedly united. The previous president and more than a dozen martial arts masters fell, and the blows on them had begun to dissipate.
And in Grandmaster Jin's office.
Grandmaster Kim’s confidant was also reporting on this matter. “Mr. Kim, with the reliable spy news, the Park family members have already begun to discuss bankruptcy, but Park Ji-kong has not made a decision for a long time.”
"Haha, it's a matter of time before we make a decision. But the more we are at this time, we need to be careful not only when we are on the Park family, but also when we are secretly in the Park family, and immediately notify all the core disciples of the Daming Sect to be extra careful when going out recently to prevent the Park family from taking revenge."
Grandmaster Jin said coldly with a gloomy face.
"Does their Park family still dare to attack us?"
Grandmaster Jin's confidant asked in surprise.
"This possibility is not ruled out. Now they are in a red eye, different from us!"
Grandmaster Jin said coldly.
"Yes! I'll inform you immediately."
Grandmaster Jin's confidant immediately came out of the room and walked outside.
And at the same time.
Inside Smith's office.
William said with a smile on his face, "Mr. Smith, the Park family can no longer hold back, we will close the net soon."
"Yes, the Park family was defeated faster than I thought."
Of course, Smith also knew that it was because his master had made a lot of preparations before. After all, whether it was Park Ji-tae, the fall of many masters of the Park family's allies, or the large compensation later, these were the cornerstones of the demise of the Park family.
They just continued to walk along the cornerstone paved by Yang Cheng.
"William, pay close attention to the movements of the Park family now. If you have any situation, please report it at any time!"
Smith said coldly.
"yes!"
William said respectfully.
Park Ji-qiang finally came out of the Park family's ancestral hall, but Park Ji-qiang was obviously much older and was extremely haggard, as if he was in his twilight years.
After he came out, he immediately notified the emergency meeting without any hesitation.
Soon, all the core disciples of the Park family arrived in the venue.
Their faces were extremely embarrassing. They all knew that this battle had come to an end and ended with the complete failure of their Park family.
I'm afraid that before this, no one from the Park family could have thought that such a result would be.
"Everyone, I asked you to come because there is something I want to tell you that our current financial situation can no longer support the huge Park family, so I will announce to the public that the Park family has filed for bankruptcy protection, and overseas funds have been built. This is the key to the future rise of our Park family. You all are also the hope of our Park family in the future. I hope you can bring the Park family back again."
Park Ji-qiang couldn't help but take a deep breath and whispered.
When Park Ji-qiang's words came, all the people from the Park family were in pain, and some began to regret it. If they had not provoked the Grandmaster of China, this would probably not end now.
Even Park Ji-kong himself felt that it was a wrong decision and could destroy the Park family's decision.
"Okay, everyone should pack their own things!"
Chapter completed!