Reborn in Hong Kong as a Tycoon

Chapter 103 In Action

Yum Securities, in Lin Baicheng's office.

"Yufeng, tell me how your investigation is going."

Lin Baicheng said to Cheng Yufeng who was sitting opposite him.

"Yes, Mr. Lin."

Cheng Yufeng responded and reported: "Cangjiang Industry was founded by Li Jiacheng in 1950. It first made plastic products, and later entered the real estate industry. Today, the company's main business is real estate. The company was listed in 1972. The total share capital is 4200 million shares, the offering price at that time was 3 Hong Kong dollars, and the listed market value was 1.26 million Hong Kong dollars, and now the market value has reached about 6.78 million Hong Kong dollars.”

"Among them, Li Jiacheng, the company's controlling shareholder, holds about 40% of the company's shares, and is the largest shareholder of the company, while the remaining shareholders hold less than 10% of the company's shares at most. At present, Cangjiang Industrial's tradable shares in the market account for 40% of the total share capital. The remaining 20% ​​is in the hands of other shareholders."

"According to the survey, there are currently four institutions that hold a large number of Cangjiang Industrial shares, holding a total of 12.5% ​​of the shares. In addition, there are several institutions that together hold about 3% of the shares, and the final remaining shares are It’s all in the hands of retail investors.”

Lin Baicheng nodded after hearing this, and asked, "How is Qingzi going?"

Cheng Yufeng said: "Mitsubishi Bank, after looking at the revenue and profit of Galaxy Game Company brought by Ms. Bring the Mitsubishi Bank people over here."

If you want to acquire Wharf, even if Lin Baicheng already holds nearly 10% of the shares in Wharf, and then exchange about 10% of the shares from Li Jiacheng, it is still far from the holding company, so Lin Baicheng needs more money to acquire it. Wharf.

Therefore, Lin Baicheng needed more funds, and in order to avoid being noticed before the acquisition started, Lin Baicheng decided to borrow money from foreign banks.

Last time, he had already approached Goldman Sachs in the United States, and this time Lin Baicheng was going to seek a loan from RB's bank.There are a lot of business contacts, and when there is a real need, people may be willing to help. RB is Lin Baicheng's key investment country, and it is never wrong to establish a good relationship now.

In the beginning, it was natural that Haruko Mori from RB approached the bank to negotiate. In the end, Mitsubishi Bank had a strong tendency to lend, so I chose Mitsubishi Bank.

This time the loan amount is relatively large, so Lin Baicheng disclosed the revenue and profit of Xinghe Game Company to Mitsubishi Bank.If you want to get more loans, of course you can't hide the revenue and profit. You have to let Mitsubishi Bank know that Galaxy Games is very profitable, and then give a higher valuation.

Lin Baicheng hopes to borrow 20 billion Hong Kong dollars from Mitsubishi Bank with 10% of the shares. In this way, the valuation of Galaxy Games is 50 billion Hong Kong dollars. Judging from the annual profit of 6.2 million Hong Kong dollars, the price-earnings ratio does not seem to be high.

However, after all, Xinghe Game Company only makes money from the two games "Xiangjiang Cube" and "Pac-Man". The bank will definitely worry about whether the company can have such a high profit in the future, so it will definitely give a discount, so it can be given in detail. How much valuation depends on the assessment of Mitsubishi Bank.

"Well, tomorrow we will entertain people from Mitsubishi Bank and cooperate with their research and evaluation."

Lin Baicheng nodded and said: "After the loan from Mitsubishi Bank is confirmed, we will talk to the institutions that hold the shares of Cangjiang Industrial and buy the shares in their hands. After that, we will go to other shareholders. Our shareholding in Cangjiang Industrial has increased to more than 20%.”

"Yes, Mr. Lin."

Cheng Yufeng nodded to express his understanding.

The next day, Haruko Mori brought people from Bank of Mitsubishi to Xiangjiang. They went to work immediately after they came, and went straight to Galaxy Games without any intention of resting.

Seeing this, Lin Baicheng didn't force himself to ask people to cooperate with them in the research. He wished that these people would finish the research earlier and give him an answer as soon as possible.

The people from Mitsubishi Bank stayed in Xiangjiang for a day and then went back, saying that they would give an assessment as soon as possible, and Haruko Mori also went back to RB, and would keep track of the loan.

The loan from Mitsubishi Bank did not come down. Although the loan of [-] million Hong Kong dollars from Standard Chartered Bank was enough to purchase the shares of Cangjiang Industrial, Lin Baicheng did not act immediately.

Once he started to buy a large number of Cangjiang Industrial shares, Li Jiacheng would not be able to hide this matter for a long time, and he would soon have a showdown with Li Jiacheng to exchange for Wharf shares from him.

Not to mention what will happen if Li Jiacheng cannot exchange shares, once Li Jiacheng agrees to exchange shares, this kind of threatening transaction behavior will definitely make Li Jiacheng dissatisfied, which will cause Li Jiacheng's hostility.

Lin Baicheng is not afraid of having a commercial enemy like Li Jiacheng, he doesn't believe that he, a reborn person, can't beat Li Jiacheng, but the problem is that if this happens, Li Jiacheng will definitely not help him hide his acquisition of shares in Wharf , and even take the initiative to expose this matter.

At that time, Lin Baicheng must immediately buy a large amount of shares in Wharf, otherwise Jardine Matheson will have time to react, and Jardine Matheson will definitely mobilize funds to increase its holdings in Wharf, which will inevitably increase the share price of Wharf.

In this way, even if Lin Baicheng is able to acquire Wharf in the end, the price he has to pay will inevitably be very high, and it may even be so high that he cannot bear it.

Therefore, either do not move, or if you want to move, you must strike a thunderbolt. After exchanging Wharf shares from Li Jiacheng, you immediately buy a large amount of Wharf shares to increase the shareholding ratio, and do not give Jardine Matheson any time to fight back.

The matter of the loan has to wait for Mitsubishi Bank to give an assessment before there will be a result.

On the other hand, Asia TV has already held several preliminary rounds and semi-finals of "Who Can Become a Millionaire", and now there are ten contestants who have passed the semi-finals. The broadcast of the finals will officially begin at prime time tonight .

In the past few days, both the preliminaries and the semi-finals have attracted many people to watch, and the ratings are very good.

Now that the finals have officially started, this is the first final, and maybe someone will be able to win a prize of one million Hong Kong dollars, so people are very concerned about this, and want to know who will be the lucky one to win a prize of one million Hong Kong dollars.

The place where the final was held was on the stage set up in the ATV building. In addition to the program crew, contestants, security guards, TV station executives, etc., there were also [-] live audiences.

There are only [-] live audiences, mainly because live statistics are not very convenient in this day and age, and too much time will be wasted when there are too many people counting, so the opportunity of "on-site help" cannot have too many live audiences.

That night, Lin Baicheng also came to the scene, but he was not alone.In addition to calling his younger sister Lin Qin, he also contacted someone.

　(For collection! For recommendation ticket! For monthly ticket! For support!)
　　
　
(End of this chapter)