Chapter 184 Action Begins

The sixth floor of a commercial building not far from the Kuala Lumpur Stock Exchange has become the Malay headquarters of the Xinjian Department.

Among them, the Xinjian (Malay) Securities Department was also formally established here, and has begun to formally enter the stock market.

In the meeting room of the securities department, Li Jianhui said to the elites who came over: "This time, the information of the companies listed on the Kuala Lumpur Stock Exchange that we are mainly targeting is in front of you. I only have one request, and that is to make trouble for their controlling shareholders as much as possible." .

Those companies that can be acquired should be acquired, and those companies that cannot be acquired must be made peaceful.

This time, we will give you 10 billion US dollars to operate, and how many companies you can win depends on your ability. "

Li Jianhui's list this time is mainly listed companies that are core members of the Nanyang Consortium, and there are also a few companies that he is more optimistic about, such as Success Group and Huashani Holdings.

Most of these companies can only look for trouble. There are not as many rules and regulations here as Xiangjiang, and the Chinese naturally hope to firmly control their core industries in their own hands. Therefore, many companies have controlling shareholders with more than 50 % of the shares, it is impossible for the Xinjian Department to force acquisition.

At [-]:[-] am on Friday, with the opening of the Kuala Lumpur Stock Exchange, the long-quiet stock market set off huge waves.

PPB (Glass Plantation Company), Genting Corporation, Federal Flour Corporation, IOI Corporation, YTL Power Corporation, Rainbow Corporation, Public Bank, etc. suddenly had a sudden surge in stock prices.

Don't say that those stockholders were surprised by this situation, even those investment institutions were also taken aback. They don't understand why so many companies suddenly skyrocketed without any warning.

Xinjian's securities department doesn't care what the outside world thinks, they sweep the tradable shares in the market with all their strength, and at the same time push up the stock prices of these companies step by step.

In Guo's corporate headquarters, listening to the assistant's report on the abnormal stock price of his company and what happened in the stock market, Guo Henian knew that it was the Xinjian Department's move.

The opponent did not choose to slowly absorb shares at the bottom, but chose this rapid sweep to tell them that the confrontation between the two sides in Malaysia has officially begun.

He himself was not too worried, no matter whether PPB or Rainbow Company, the Xinjian Department could not snatch his control.

What he is most worried about now is that after the Xin Jian Department has raised the price, they will start to sell these individual stocks madly. In that case, they can only protect the market, otherwise the company's stock price may drop to freezing point.

He picked up the phone in his hand and contacted Qiu Deba, Guo Fangfeng, Lin Wutong and others who are currently in Kuala Lumpur to discuss how to deal with this situation.

After making a phone call, the news he got was even worse than he had imagined. Many companies in Xiangjiang Exchange and Sin Chew Exchange were also attacked.

The only difference here is that the Xinjian departments in those two places were laid out early, and they were slowly absorbing shares at the bottom before. Today, they directly smashed the market as soon as the market opened. As a result, the stock prices of many listed companies under the Nanyang Consortium plummeted, and some leaders had to Invest in repurchases to stabilize market sentiment.

Niu Bijian, Shi Huaiya and others who were far away in Xiangjiang felt very lucky to hear the news. Fortunately, the Xinjian Department pointed the finger at the Nanyang Consortium instead of continuing to target them in Xiangjiang. Even if they have the backing of HSBC and Standard Chartered, they will eventually suffer heavy losses.

On this day, Jiashi released the news that Xinjian Group completed a new round of financing, led by Japan's Quanyuan Investment Company, followed by British Lippe Investment Company and American American Asia Investment Company, and Xingsha Investment Company contributed proportionately to continue to occupy 20% stake.

李建辉对欣建集团持股降低到51%,日本泉源投资公司出资33亿港币占据15%的股份,英伦利普投资公司出资22亿港币占据10%的股份,美国美亚投资公司出资8.8亿港币占据4%的股份。

This news not only made Xiangjiang's opponents feel a headache, but also the Nanyang Consortium who received the news felt even more uncomfortable.

Originally, the Xinjian Department had plenty of funds and was attacking them. Now that they have raised funds again, the situation they will face will be even more difficult.

And they also feel a little fear about the growth rate of Li Jianhui's wealth. It has only been a few months since the last financing. The valuation after financing was only 120 billion Hong Kong dollars, and now the valuation after financing has reached 220 billion.

Although Li Jianhui's shares have decreased, his worth has increased by 16.2 billion Hong Kong dollars, which is enough to make a family in Xiangjiang rank among the second-rate giants.

Many people have already speculated whether the valuation of Xinjian Group this year will exceed the market value of Standard Chartered and even HSBC.

At present, the total market value of Standard Chartered Bank is more than 340 billion Hong Kong dollars, and HSBC is higher, currently more than 430 billion Hong Kong dollars, almost twice the valuation of Xinjian Group.

However, Xinjian Group has a strong momentum, especially the Tianshui City project and the Tseung Kwan O Huihongcheng project. Once the sales of these two projects can reach a normal level, their market value will inevitably continue to skyrocket.

Li Zaiwei also held a press conference that morning, announcing that the construction of the Tai Lam Tunnel will be undertaken by Wheelock Construction Company and will officially start at [-] pm next Monday.

A piece of good news has also boosted the stock prices of Xinjian listed companies and their allies to rise sharply.

At noon that day, Guo Henian and others who were far away in Kuala Lumpur gathered at the Garden Hotel. The table was full of exquisite dishes, but they had no appetite at all.

The continuous actions of the Xinjian Department today made them feel that the sky was covered by dark clouds, and some people even wavered about continuing to confront the Xinjian Department.

With the current strength of the Xinjian Department, they can't see the hope of winning on their side. Even with the support of the Xingzhou government, they are not enough to compete with the Xinjian Department.

After all, both Xingzhou and Xiangjiang markets are too small, and the two sides mainly compete in other markets, and it is difficult for them to borrow power from the government in these areas, and the two sides compete more on strength.

Lin Wutong said in a deep voice: "Everyone is very clear about the current situation. Li Jianhui's purpose this time is directly on the table, and he is coming for us.

This is our strength, and now there are only two paths before us, one is to turn the fight with Xin Jian into friendship, and the other is to seek foreign aid. "

Those who were present at the first road basically didn't think about it. The competition between the two sides is multi-faceted. Even if they are willing to bow their heads, I am afraid that the Xinjian Department will not agree.

As for finding foreign aid, I'm afraid it's not very easy to find. Now the only consortiums from the United States, Japan and other countries can suppress the Xin Jian Department.

Just looking for them, I'm afraid it will lead wolves into the house, and joining these consortiums to target the Xinjian family, I'm afraid it will also cause dissatisfaction with them from many Chinese families, and may even affect their future entry into the mainland market.

Qiu Deba said: "I have already contacted Xingzhou. The Xingzhou government reassures everyone and guarantees your control over its listed companies. The Xingzhou government can still do it. You have funding needs. Xingzhou The government will provide loan assistance to everyone through the Sin Chew Development Bank."

……

(End of this chapter)

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