Rebirth I Am a Chaebol In Korea

Vol 3 Chapter 117: Congratulations to Hong Zhenghuan

"Rebirth I am a chaebol in Korea (!

"Yes, I'm sure."

Xu Shengxian said confidently.

"Chairman Xu, may I ask you, how can you see it?"

Hong Zhenghuan is not sure whether Zhou Wenhai wants to buy Elephant Logistics 100%.

"Because Zhou Wenhai now holds a 20% stake in Elephant Logistics, he will certainly do his best to take Elephant Logistics this time, and his products are also inseparable from logistics and transportation. Instead of letting others transport his goods, he would be better off. It’s safer to direct yourself personally."

Xu Shengxian's analysis was so good that Xu Qingpei nodded again and again, while Hong Zhenghuan showed a sinister smile on the side.

At the end of the party, Hong Zhenghuan took the initiative to come to Xu Qingpei's car. "Uncle", his affairs with Xu Minjing have been approved by both parents.

"Jung Hwan, what's the matter?"

Xu Qingpei waved to him and opened the car door to let him sit in and talk.

"Uncle, let's make trouble for Zhou Wenhai this time."

Xu Qingpei saw that Hong Zhenghuan was smiling and hiding the knife. He frowned and said, "Zhenghuan, you mean we go to the bidding site to raise the transaction price of Elephant Logistics, so that Zhou Wenhai will spend more money to buy it?"

"Yes, just like Samsung did to CJ back then, uncle, what do you think?"

"Yes, yes, but we'd better control the price, otherwise we will only fall into our own hands."

Xu Qingpei said what he was worried about, and Hong Zhenghuan nodded in agreement.

Gangnam District, Seoul

On October 5th, an auction of Elephant Logistics was held at K Auction House in Jiangnan District. A total of six clubs participated in the auction, including Five Star Group, Amorepacific Group, Baoguang Venture Capital Group, BGF Retail Group, CJ Group and Kumho Asiana Group.

Among them, except for Five Star Group, Amore Pacific Group, Baoguang Venture Capital Group and BGF Retail Group, the remaining CJ Group and Kumho Asiana Group are all the elephants group seeking to deliberately raise the bid price.

Lin Shiling's mother is the daughter of Park Incheon, the founder of Kumho Asiana Group.

At the beginning of the auction, it was President Han of the Five Star Department Store who participated in the auction on behalf of the Five Star Group, and Hong Zhenghuan came to the scene to participate in the command. He looked around and did not find Zhou Wenhai.

The starting price of the auction is 18 billion won, and the representatives of the participating clubs will increase the price by 1 billion won each time they raise a card.

President Han was the first to raise a placard.

"The No. 1 Five Star Group bid 18 billion won. Is there anything higher than them?"

The auctioneer held the mallet in his hand, he looked at the people below and asked.

The representative of the Kumho Asiana Group raised a card, and then, the CJ Group also raised a card.

Five Star Group raised its placard again, and Kumho Asiana Group and CJ Group continued to raise their placards with Lu.

"Okay, the No. 1 Five Star Group raised its placard for the third time. The price is now 24 billion won. Is there anything higher than them?"

"25 billion, 26 billion, 27 billion."

CJ Group and Kumho Asiana Group kept pushing their prices too high, Hong Zhenghuan watched their performances leisurely.

"30000000000."

President Han directly raised his placard and said.

"Okay, the current price is 30 billion won by the No. 1 Five Star Group. Is there anything higher than them?"

Both CJ Group and Kumho Asiana Group were dumbfounded. President Han looked around, his face was full of triumphant expressions.

Hong Zhenghuan whispered a word to his people, and then the person participating in the auction on behalf of the Amorepacific Group raised a placard and said, "32 billion."

"Okay, No. 4 Amorepacific Group invested 32 billion. Is there anything higher than them? Is there?"

The auctioneer's emotions were aroused, he said excitedly.

President Han glanced at the person who was holding the placard, and he said, "33 billion."

"34 billion."

The representative of BGF Retail Group said.

"35 billion."

Without waiting for the auctioneer to speak, President Han raised his placard and said.

"36 billion."

This time it is Hong Zhenghuan of Baoguang Venture Capital Group.

"36 billion, is there a higher price than the No. 6 Baoguang Venture Capital Group?"

The auctioneer deliberately looked at President Han and said that he stimulated the other party with a smile.

President Han gave Hong Zhenghuan angrily. He held up a placard and said, "38 billion."

With a price of 38 billion, Hong Zhenghuan guessed in his mind that the person who participated in the auction on behalf of the Five Star Group should be 40 billion won, so he raised a placard and said: "39 billion."

"40 billion."

President Han hesitated for a few seconds, then raised his placard and said.

Sure enough, Hong Zhenghuan smiled triumphantly and raised a sign saying: "41 billion."

"Minister, at this price, what if the other party doesn't follow it?"

The assistant sitting next to Hong Zhenghuan said to him.

"Don't be afraid, I think he will definitely call Zhou Wenhai."

Hong Zhenghuan shook his head, and he saw that the other party really pulled out his phone as he said.

"41 billion, is there anything higher than this price?"

The auctioneer looked around, he asked the representatives of the companies participating in the auction below.

"42 billion."

At this time, I saw a person walking outside the door to speak.

Hong Zhenghuan looked back and saw that Zhou Wenhai had really come, presumably he must be hiding somewhere and watching.

This time, Zhou Wenhai looked at Hong Zhenghuan with a smug look.

"43 billion."

Hong Zhenghuan raised his placard and said.

Zhou Wenhai frowned, seeing the other party's sad face, Hong Zhenghuan grinned triumphantly.

"Zheng Huanxi, congratulations."

Which Zhou Wenhai applauded for him and said, the price is raised to this point, Hong Zhenghuan may not follow up further, so he will accept it when he sees it.

"What? Are you not following?"

Hong Zhenghuan looked at him blankly and said.

"The price is so high, how can I follow? This time it's Zheng Huanxi you won."

Zhou Wenhai almost laughed.

Moments later, the auctioneer made a final decision. He announced: "Congratulations to Baoguang Venture Capital Group No. 6 for acquiring 80% of Daxiang Logistics for 43 billion won."

"Jung Hwanxi, thank you. I didn't expect that the shares of Elephant Logistics Co., Ltd. that I bought at a price of 1 billion won could be sold for 8.6 billion won after changing hands. Ouch, thank you so much."

Zhou Wenhai kept applauding Hong Zhenghuan like a sea dog, and the other party was so angry that he closed his eyes and took deep breaths to adjust his mentality.

"let's go."

Hong Zhenghuan said angrily to his people.

Yongsan District, Seoul

When Hong Jung-hwan’s father, Hong Suk-jun, learned that Hong Jung-hwan had purchased Daxiang Logistics at a price more than twice the market price~www.readwn.com~, he was so angry that he scolded his mother.

"Yeah, who asked you to raise the price on your own terms? It's better now. We were able to buy the broken company Elephant Logistics at a price of 43 billion yuan."

Hong Shuojun almost hit his son.

"Abba, not that, as long as we manage well, we can still do a good job in logistics for elephants."

By now, Hong Zhenghuan had no choice but to comfort his father.

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