Chapter 697 G Family
"G Family? G Hotel?" Adele frowned.
"Yes, Miss Adele!" the director nodded, "A seven-star hotel we invested in in the Desert Country has been stolen by G Group.
What's worse is that the G family took advantage of the turmoil caused to the group by the chairman's plane crash. Our Carlton Group recently had internal chaos. They took advantage of this opportunity to acquire a batch of stocks in the market.
Although they are mainly retail investors, they have a lot of shares together. Now the G family is the fourth largest shareholder of our Carlton Group and has a strong voice in our Carlton Group.”
The director said a series of bad news.
G Group is well-known all over the world. It operates its G Hotel under its name and is the world's top luxury hotel.
The G family has been passed down for hundreds of years and is immortal. It is a famous ancient noble in Europe.
Carlton Group can compete with G Group in hotel business. However, in terms of heritage, it is more than the G family.
Now, the Carlton Group is in crisis, and there is actually the shadow of the G family behind it...
This makes things even harder and worse.
"It actually made the G family acquire so many retail investors' stocks? It became the fourth largest shareholder? What do you do? Didn't you notice it?" Adele said with some annoyance.
The seven-star hotel in the Desert Country was stolen by the G family...
This is a big blow to the Carlton Group.
A hotel is nothing.
However, that hotel is so famous.
It was at such a sensitive moment again, almost the whole world was staring at the Carlton Group to see if the Carlton Group could overcome this level.
The ownership of this hotel has a strong symbolic significance.
This hotel was originally an idea proposed by the Carlton Group and has done a lot of preliminary work. Media around the world have made large reports on this.
That hotel has also become one of the symbols of luxury in the desert country.
Therefore, the snatch of this seven-star hotel by the G family was much more severe than expected.
Many of the shares of Carlton Group were quietly acquired by the G family, which is even more troublesome for Carlton Group.
"Of course we noticed it, but we had no choice! The old chairman just happened to him, and the company was in chaos, the stocks fell, and there was no unified opinion within us.
The G family took the opportunity to buy our shareholders, and they assured us that if they control the Carlton Group, our shares will not be affected.
The Carlton Group will still operate independently. So, someone was moved..."
The shareholder glanced at Basil with some annoyance.
Needless to ask, I know that the person who was moved must be Basil.
"I'm also for the group's good!" Basil's face looked ugly.
Being criticized in person in person... made him feel embarrassed!
Especially, his current situation is not very good.
"At that time, something happened to the old chairman was maliciously exaggerated. In addition to G Group, there were some other competitors who were also happy to see our Carlton Group fall, so it was a big boost.
So much so that the company's stocks fell sharply. At this time, some people bought retail investors' stocks in the market. Although we knew that the G family took action and had malicious intentions, we had nothing to do.
At this time, we couldn't afford to buy stocks with the G family. Although our company had the right to buy first, there was no one in charge at the time and large-scale funds could not be used at all.
and……"
Speaking of this, Basil paused for a moment, glanced at Adele, and said:
"And, the company's operating capital has very little. Our company is in a very bad situation now. There are large amounts of debts outside, and our company owes others a lot of money.
In recent years, the old chairman has taken too much steps and has invested in several major projects in succession, including a seven-star hotel in the Desert Country, investing hundreds of billions of dollars... It has put a lot of pressure on our company's working capital.
Even if we reach an internal agreement, it will be difficult to compete with the G family because we can’t afford to pay!”
Adele's brow frowned.
Although she is not very involved in the matter, she also has some understanding of the company's situation.
My father has invested in several major projects in recent years.
Funds are tight, this is a fact.
But these projects are all golden projects and have a good future.
Once you recover, the Carlton Group will also take a step forward.
Perhaps, this is also the reason why the G family couldn't help but choose to take action at this time.
They can't sit still and watch the Carlton Group grow and surpass them.
"The company is indeed in trouble. However, the old chairman's investment strategy has absolutely no mistakes... The company seems to be tight on cash flow and the situation is critical, but in fact, the real situation is not that bad!
You are all old employees of the company, you should understand it!”
Adele's eyes swept through everyone, and the cold voice was a bit majestic.
"The operation of the group has always been in a virtuous cycle. If you can unite and work together, how can you have the opportunity to intervene in the G Group?
I’m afraid that some of you are not sure about things and hope for G Group... Could it be that you really think G Group’s promise can be done?
The G family has been developing for hundreds of years. How could they sit and watch the rise of the Carlton Group? Even as G Group said, they let you keep the shares in your hands and not move your shares.
However, if the G family is asked to manage the Carlton Group, I believe that in a few years, the Carlton Group will definitely collapse and its business will be swallowed up by the G Group little by little.
At that time, what other shares in your hands will be worth?"
Adele's tone was very strong.
However, the faces of several shareholders, including Basil, are becoming increasingly ugly.
They also thought about what Adele said.
However, at that time they had no other choice.
If they don't cooperate with the G family, they will not even be able to protect their shares.
If you cooperate with the G family, you can at least temporarily maintain it. As for the future... let's talk about it later.
"There is an old saying in the Xia Kingdom, which is called drinking poison to quench thirst. It means that a person drinks arsenic to quench thirst because of his thirst...a extremely toxic medicine.
In the end, that person will only die even worse. Uncles and uncles, you are all smart people, how can you do something to drink poison to quench your thirst?"
Adele's repeated remarks made some of the shareholders present blush and some clench their fists...
Obviously, they were all touched.
Chapter completed!