Hualiu Director

Chapter 261 YG Bankruptcy

Chapter 261 When the Seoul Station of the Music Festival entered the carnival, a reporter broke the news and shocked the Korean entertainment industry.

The violent demolition scandal suddenly broke out in South Korea's top ten real estate company Loyalty Real Estate. This is not a big deal, after all, such things happen every day in every corner of the world.

However, the scandal of Loyalty Real Estate has been exposed since its inception, and every year, people lose their families or even die because of it.
Originally, this kind of social news would not be included in entertainment news, but the largest shareholder of Loyalty Real Estate is Liang Hyun Suk, and he also has the identity of the founder and current chairman of YG Company.

As one of the bosses of the four major entertainment companies in South Korea, Liang Hyun Suk immediately used his relationship to suppress this moment, and ordered the victim's family to take the initiative to seek compensation and reconciliation, and even asked the company to find a few scapegoats to come out to cover the tank.

However, kbs, which has always cooperated well this time, even disregarded Yang Hyun Suk's request and broadcast part of the video content. In just a few hours, hundreds of people gathered at the gate of Zhongzhong Real Estate and asked Yang Hyun Suk to come out to respond to this matter.

Liang Hyun Suk, who was sitting in a luxurious office on the 12th floor, looked at the crowd of protesters downstairs, who were all older men and women, but they were all very unified in terms of banners and protest slogans. Do not believe.

However, Liang Hyun Suk can also understand that this year is the year of the general election, and the two candidates are secretly competing.

Liang Hyun-suk had thought of going into politics a long time ago, so he has been in close contact with the political and business circles over the years, and he has made a lot of contributions to Mr. Jiang, who he supports by using his own resources.

There will always be a lot of scandals in the election year, and it is normal for both sides to use their own methods to attack each other.

Liang Hyun Suk was not angry when he saw these people downstairs, on the contrary he was very happy.Because he thought that this meant that he had entered the vision of the enemy, Mr. Wen, and was regarded as Mr. Jiang's right-hand man.

Mr. Jiang's chances of winning this year are very high. If he succeeds in taking the position, no matter how badly he has been hit now, he will be rewarded twice in the future.

Soon, the KBS TV station of the pro-wen boss came to film, and the prosecutors also came to Loyalty Real Estate to understand the situation, and quickly identified several middle and low-level managers as major suspects and took them away for inspection.

I thought this was a usual blow from the opponent, but Liang Hyun Suk didn't expect that this was just the beginning.

Just when Liang Hyun Suk was looking forward to winning Boss Jiang's favor, he received a call from Secretary Cui.

Secretary Cui is Mr. Jiang's direct descendant, and he is also the biggest figure in the Jiang family that Liang Hyun Suk can get in touch with.

Just when Liang Hyun Suk was looking forward to getting the comfort and assurance from Secretary Cui, what greeted him was a scolding meal.

"Axi, what's the matter with you bastard, why are you photographed with so much evidence?

You're such a useless piece of shit, can't you save us some time?

Pig teammates like you shouldn't have been taken in in the first place. What else can you do besides hold back?

Hurry up and deal with these things for me, if you can't handle it, someone will handle it for you!

Got it, son of a bitch! "

Liang Hyun Suk was stunned by the scolding, but facing the aggressive Secretary Cui, he nodded subconsciously and said, "Yes, I will take care of it. I'm sorry to trouble you."

Secretary Cui hung up the phone without giving Liang Xuanxi any more chances to speak. Just when Liang Xuanxi was confused, his assistant knocked on the door with a tablet computer and entered the office in a panic.

"President, something happened!"

The reporter broke the news again, and it was also sent to the three major TV stations and the procuratorate, but this time it was not a document, but an 8 g video file.

The security work of Korean entertainment venues is almost monopolized by various gangs, so after Ding Qing paid some land and money, he finally got these video evidences.

"When Park Dahai, the current CEO of YG Company, was the head of the trainee department, he colluded with the trainee team leader Li Dongshi to use his position to bring trainees to entertain political and business people."

This is not an ordinary revelation, let alone a threat, it is to put Park Dahai and even YG behind him to death.

The reporters who broke the news did not know where they came from because they were worried about personal safety, but because of the video evidence of candid shots, everyone's face was clearly visible.

KBS has already taken the lead in urgently interrupting this news, but the videos that appear on the TV news have been mosaiced, and the faces of these people have not been disclosed for the time being.

People from the literature department also received the video, but what they received was two parts of the video, one was unedited, and the leading actor in it was also from the literature department, and the other was received by other TV stations and procuratorial organs. It is an edited version of the people of the Jiang family.

This is someone secretly helping the Department of Literature. They sent the original video as a threat?Or vote for a certificate?

These are not important, what is important is that this is a major killer that can severely defeat the Jiang family.

Moreover, the people in the Department of Literature are not at all worried that the mysterious person who sent the documents will expose the people in the Department of Literature again, because there will be no one to protect them at that time, and they will be suppressed by the two forces at the same time.

And people from the literature department would never let go of such a good opportunity, so no matter what the purpose of that mysterious person is, let's deal with Liang Hyun Suk and those exposed Jiang departments first.

"Axi! Find that reporter for me, no matter what method you use, you must get the original film, and let that reporter come out and admit that the other videos are all composites!"

Liang Hyun-xi never expected that just after Zhong Zhong Real Estate had an accident, YG would follow up with a thunderstorm, and it was all from the Jiang family. He took it for granted that it was the work of people from the Wen family.

After the incident was partially exposed, the stock market was the first to react. YG's stock fell all the way. In just one day, YG's market value evaporated by 1/10.

Although yg is one of the four major entertainment companies, and it is the smallest one, and the Korean market is so big, their total market value is only about 47 billion yuan.

YG is the most important industry of Yang Hyun Suk, he controls 35% of the company's equity, and also secretly controls 11.8% of the market's outstanding shares in the stock market, he is absolutely the number one person.

In other words, Liang Hyun Suk lost more than 2 million yuan in just one day, and this is not the end.

Early the next morning, the YG headquarters in Seoul was already surrounded by angry people.

Damn yg.

"Yang Hyun Suk step down!"

"Severely punish Park Dahai!"

"Lee Dong-seok die!"

YG employees can't enter the building at all, the company can only tell them to go home to rest and wait for the notification before returning to work.

&nbThe organizer of the music festival excluded the following four stops from the invitation list.

The reason is very simple, they are very likely to be related to the sex entertainment scandal, and they may even be the heroine of an action scene. If it breaks out, her girl group career will basically be ruined.

In addition to juniors like yogirls, those yg groups and artists who are popular in Asia are also trembling, because many of them have unbearable pasts, in case...

"Blackpink's Jisu announced through ins that all team performances will be suspended, and she also said that if the company's scandal cannot be properly resolved, she will consider terminating the contract early and changing the agency!"

As the leader of YG's most popular girl group, Zhixiu's speech is definitely not her own.

However, her speech seemed to the outside world more like a precursor to fleeing YG, and many people questioned whether she or her teammates might also have the possibility of sexual entertainment.

As soon as such a voice came out, the other three members of blackpink also quickly expressed their opinions, condemning the attitude of the company's top management towards the trainees.

Blackpink's attitude is very firm, and the four of them are of one mind. From the outside world, this is the beginning of YG's civil turmoil.

With the opening of the Korean stock market, YG's stock plummeted at a jaw-dropping speed, and it only took half a day to completely drop to the limit!

Liang Hyun Suk has noticed that major shareholders other than him are selling YG shares in their hands. This is a crisis of confidence that YG will not be able to survive this crisis.

He believes that there are not a few such major shareholders, and more people will definitely follow suit.

Liang Hyun Suk panicked. He lost nearly one-third of the wealth he had accumulated for decades in just two days. He could imagine that if it continued to plummet tomorrow, his yg would be over.

No, it must start to rise when the market opens tomorrow. Only in this way can the hearts of shareholders and major shareholders be stabilized.

But Liang Hyun Suk doesn't have that much money to drive up the stock price, and the bank's approval procedures take too long to be in time.What's more, the reputation of yg has been greatly damaged now, and whether the bank can borrow it is a problem.

So he could only call for help.

But in the face of yg that was about to collapse suddenly, those who had vowed to be brothers before did not answer his calls.

Finally, the one who answered the phone was the lsp who threatened him that no matter what he tried, he would not let anything happen to him.

Liang Hyun Suk was about to cry, and Secretary Cui called him again, saying that they could press for another three days, and the time left for him was running out.

Liang Hyun Suk understood that it was the YG employees who caused him such misery, and the only one who could save him was himself, so he could only keep calling for help.

The boss of the &ne entertainment company, the two of them are not very close, they just drank and exchanged business cards at a few receptions, and Liang Hyun Suk was really desperate and wanted to try his luck on the phone.

"Oh, it's brother Liang, how much do you need to borrow?"

Liang Hyun Suk couldn't believe his ears, after making so many phone calls today, he finally had some hope.

"President Kim, I need 2000 billion won (more than 10 billion yuan)..."

Liang Hyun Suk felt a little guilty, the relationship between the two parties was not to the point where he could borrow so much, he regretted talking too much, what if he scared people away.

"can!"

Liang Hyun Suk thought he was hallucinating, but just now it seemed that the word "can" really seemed to be... right?

"However, brother Liang, what do you use as collateral?"

------off topic-----

Thank you friends who have been watching here, thank you!

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