Read Chapter 1655 – 1656 of the novel Charismatic Charlie Wade free online.
Subscribe for the latest updates:
Chapter 1655
Kobayashi Pharmaceutical Co., Ltd. meeting room.
A large group of collateral members of the Kobayashi family and corporate executives are all sitting in distress at this time.
Recently, there have been incidents in the group one after another, making everyone present a little nervous.
First, the old president died tragically by poisoning, and then the young master was suspected of killing his biological father by poison.
However, nervousness turned nervousness, and everyone was still full of expectations for the future.
Because they have not been able to deeply participate in the operation of Kobayashi Pharmaceuticals before, let alone deeply intervene and enjoy the profit distribution of Kobayashi Pharmaceuticals, they have always only got some petty profits.
It’s different now.
Now, Masayoshi Kobayashi has become the acting president. He has promised everyone that he will release at least 40% of Kobayashi Pharmaceutical’s profits. If it can be realized, everyone in the room will have an annual income more than ten times.
At this moment, Kobayashi Masayoshi walked into the meeting room with full momentum.
Everyone turned their attention to him. In everyone’s eyes, he is now the god of wealth for everyone.
After entering the door, Masayoshi Kobayashi went straight to the chair of the conference room, and the others stood up respectfully to pay their respects.
At this time, without knowing who it was, he said flatteringly: “Welcome the president!”
Everyone returned to their senses and hurriedly said in unison: “Welcome to the president!”
After all, warm applause also sounded.
Masayoshi Kobayashi felt very comfortable in his heart, and said with a smile: “Don’t scream about titles. I’m still the president of Kobayashi Pharmaceutical. If it is passed on, outsiders will gossip!”
The person who was the first to flatter hurriedly said: “President, in our minds, you are the official president of Kobayashi Pharmaceutical!”
Kobayashi Masayoshi smiled triumphantly, and then put on a just and awe-inspiring look, and said seriously: “I personally hope that Mr. Jiro can return to Kobayashi Pharmaceutical and take control of Kobayashi Pharmaceutical’s overall situation as soon as possible. Before he comes back, I am only temporarily sitting in this position to manage the business for him!”
After that, he raised his hands and motioned everyone to sit down.
After everyone sat down, he said seriously: “Everyone knows that Kobayashi Pharmaceutical can be said to have internal and external troubles. I heard some time ago that a Chinese company called JX Pharmaceutical has launched a Weisan. This medicine is said to be much more effective than our Kobayashi’s Weisan, but because the company’s production capacity is relatively limited, it has not yet been exported to our market.”
One of them hurriedly said: “My lord, I am going to report this to you. My son-in-law went to China last week and heard about this medicine, so he bought a box of it at a higher price. I tried it yesterday. After a while, I have to say that this medicine is more than a little bit stronger than our Kobayashi Weisan!”
Kobayashi Masayoshi said: “If this is the case, then JX Pharmaceutical will very likely become our next mortal enemy!”
After a pause, Kobayashi Masayoshi continued: “Moreover, our medicine is not as effective as it. If this continues, their output will continue to increase, and our sales will continue to decline. If Kobayashi’s Weisan is in the global market, JX Weisan will eat, then our revenue will lose most of it!”
Everyone’s expressions were stunned.
Chapter 1656
Kobayashi’s Weisan is the flagship product of Kobayashi Pharmaceutical, and most of its revenue and profits are supported by this medicine.
If it is really beaten by JX Weisan, then Kobayashi Pharmaceutical’s vitality will definitely be greatly injured.
So someone asked Masayoshi Kobayashi: “President, we can’t just wait and die like this! Do you have any good solutions?”
Kobayashi Masayoshi said: “There is also a way to deal with it, that is, we must increase investment in drug research and development, and we must quickly upgrade our current products. If our Kobayashi Weisan can surpass JX in terms of efficacy. Stomach market must still be ours!”
The person in charge of R&D opened the mouth and said: “My lord, if you want to increase investment in R&D, you need a huge budget. The company was sacked of a lot of money some time ago. Can it still afford it now?”
Masayoshi Kobayashi said smoothly: “This is what I’m about to tell you. Our current cash flow is not very good. The investment in the production base in Osaka costs a lot, coupled with the previous accidental losses, which leads us to get it now. The funds invested in research and development are already less than 50 million USD, so my idea is to raise a fund as soon as possible, with at least one billion USD to upgrade our drug R&D laboratory!”
When everyone heard that they were going to raise funds, they all sat up straight. Some people asked, “My lord, do you have a suitable financing partner?”
Masayoshi Kobayashi nodded and said, “Before, Chairman Jiro had been negotiating with Mr. Takehiko Ito, the patriarch of the Ito family, about financing. Surely everyone knows about this?”
Everyone nodded.
Jiro has always wanted to take Ito’s investment, and even wanted to become Ito’s son-in-law, otherwise he would not spend money to name Nanako in the Sanda competition, which has long been known by Kobayashi Pharmaceutical.
Even, everyone is ready for the marriage between Kobayashi Pharmaceutical and the Ito family. Unfortunately, Jiro disappeared before the marriage was officially advanced.
Everyone thought that the cooperation with the Ito family would be terminated, but they did not expect that Masayoshi Kobayashi would now start cooperation with the Ito family.
As a result, everyone immediately became interested and asked excitedly: “Sir, don’t know what kind of valuation the Ito family can give us?”
Masayoshi Kobayashi cleared his throat and said, “Mr. Takehiko Ito of the Ito family is willing to invest US$4.5 billion in Kobayashi Pharmaceutical at a valuation of US$15 billion, which will account for 30% of Kobayashi’s total shares after the investment!”
“Valued at 15 billion USD?!”
Everyone couldn’t help but talk.
In the beginning, Jiro and Ito Takehiko talked about it, but it was not the price.
At that time, Jiro greeted everyone, and his valuation figure was at least US$20 billion.
Why is it suddenly lowered so much now!
Someone questioned: “Mr. President, the Ito family’s previous offer was not so low, why did it shrink so much?”
Someone said, “Yeah! At least 22 billion USD is appropriate? A valuation of 15 billion USD is nothing short of robbery…”
Kobayashi Masayoshi’s expression was a bit ugly, and he said: “You have to figure out that we are facing internal and external troubles. It is not just that the president has disappeared for no reason. Another Weisan has appeared in China. If we don’t hurry up and raise funds at this time, If we wait for JX Weisan to catch us by surprise, then our performance will drop significantly, let alone a valuation of 15 billion USD, even if it is 10 billion USD, it is impossible to get it!”
The Charismatic Charlie Wade Novel alternative…
Subscribe for the latest updates: