Go back in time and be a chaebol

Chapter 19: Robbery (Second update, please recommend and collect)

Who would have thought that in the 40s, there were still remnants of the 19th century!
  North Borneo Company!

A company owns a colony. In that land, the company is the king and everything.

The current predicament of the North Borneo Company has made Li Yi'an see an opportunity. If he seizes this opportunity, he can make the company his own.

But...can you seize this opportunity?
  For a moment, Li Yian frowned and his expression became a little solemn.

It would be a pity to miss such a God-given opportunity. Besides, it is easy to buy but difficult to keep!
  "Sir, your judgment on this company is undoubtedly correct. For now, selling the company is the best choice for the directors of North Borneo Company. However, as your lawyer, my suggestion is that you He should not be acquired, after all, God knows whether the British government will take back the company's land and other properties after the war is over."

As a royal barrister, Ian Thorpe really couldn't understand that there were still people interested in this company.

"So, do they have this power?"

Li Yian asked rhetorically, the barrister in front of him was a royal barrister worth 1000 pounds. If he wanted to buy the North Borneo Company, he would definitely be inseparable from such a person, and he would need to coordinate many affairs.

"This……"

Ian Thorpe thought for a while, then shook his head and said.

"Legally, the British government has no right to take back the land and property in North Borneo. After all, North Borneo was an American company's equity purchased by British businessman Dent and others in 1880, even though it received a royal charter in 1881 , and cannot change the fact that it is a private company and Borneo is a company territory. However, it has the right to revoke the royal charter it holds. After the charter is revoked, the United Kingdom will not grant it defense and diplomatic protection, and this means that he is exposed to all nations.”

And such a good thing!
  Li Yi'an almost wanted to laugh out loud. Originally, he was most worried about Britain's right to take back the colonies. This was the biggest problem. Unexpectedly, there was an unexpected gain.

"Exposed? That's not a problem, as long as they don't have the power to take back the company. By the way, do they have the power to stop me from acquiring the company?"

Facing the customer's problem, Ian Thorpe, who had received colonial customers more than once, said in a very arrogant tone.

"Sir, this is London, not a colony. Britain is a country that adheres to the rule of law. No one has the right to prevent you from acquiring any business, and the North Borneo Company is just a business, except of course the business owners."

Then he looked at a report in front of him and added.

"The board of directors of the North Borneo Company currently consists of five directors. According to company law, a proposal can be passed as long as two of the five directors agree. In fact, the five members of the board of directors together are only Controls 5300% of the company's total stock. The other [-]% of the stock is scattered in the hands of more than [-] large and small shareholders across the UK. A considerable number of these people seem to be already Married women or widows, after all, many people bought and sold stocks before World War I, and most of those people died in World War I. There is no doubt that after the Japanese occupied North Borneo, the company's stock securities were actually worthless. It’s worth it, and you even have to pay the interest on the debt.”

Ian Thorpe, QC, although he could not understand why anyone would be interested in such a company destined to disappear from history, still suggested as a lawyer.

"So, sir, I think now is not the time to acquire this company. If you are determined to acquire this company, you can wait until next year. When they receive the bond interest demand notice again next year, I believe that by then, they will be eager to buy it. The shares are transferred to you free of charge, after all, everyone knows..."

After folding the folders together, Ian Thorpe adjusted his black-rimmed glasses and said.

"The British colonies after the war will definitely move toward self-government, and the colonial companies will definitely not be able to continue to operate, and the stocks in their hands will certainly be worthless. Before the war, its stock price was 18 shillings per share, and It's now 1 shilling and 3 pence a share, and next year it will be even lower," said Ian Thorpe, leaning forward in his chair and resting his elbows on his desk.

"But we will definitely not buy it at this price. If you don't change your mind next year, I can help you realize your wish at a very cheap price."

……

Very cheap?

Li Yi'an didn't know how cheap it was, but he quickly came to see White directly. He inherited 9% of the company's shares from his father. As a member of the board of directors, although he is not the company's largest shareholder, But he is one of the five largest shareholders and has worked in the company for many years. As one of the company managers, White is very aware of the current situation of the North Borneo Company.

The current situation is...the North Borneo Company is finished!
  In the past few decades, White has maintained an extremely decent life by relying on dividends, but after the war broke out, he not only had to pay 99.5% personal income tax, but it was always late. After the Japanese occupied the North Borneo Company, all cleanliness was gone. Not only that, everyone also had to pay interest on their debts according to law. It has to be said that as a shareholder, he is also very painful.

At this time, he was looking at the Chinese man in front of him. When he was young, as a deputy manager of the company, he had lived in North Borneo and Singapore for more than [-] years. He was no stranger to Chinese people.

"So, you are interested in the shares in my hands."

Li Yian raised the corners of his lips lightly and said.

"Mr. White, I'm helping you solve your trouble."

While talking, he took out a Lucky Strike from the gold cigarette case, handed it to White, picked up the lighter, lit the cigarette, took a puff, looked at her and said.

"Interest, how should I put it? In this world, businessmen are always interested in profits, but no businessman is interested in loss-making business. As we all know, everyone including the colonial secretary admitted that after the war, at least the colonies must be implemented Self-government also means that, after the war, the North Borneo Company is likely to cease operations."

As soon as he finished speaking, White glanced at him casually, then took a puff of tobacco and said.

"Mr. Li, what you said will not happen. How can the company end its operations? After the war is over, the company will take back everything."

"Take everything back? Take back what?"

Li Yian smiled coldly and said sarcastically.

"Reclaim a pile of ruins?"

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(End of this chapter)