Chapter 276
Liao Siren continued: "Mr. Levi's, as long as your management cooperates with Mr. Lin to win the control of HK Electric, Mr. Lin will definitely not treat you badly after taking HK Electric."

Lin Baicheng himself also said: "Mr. Levi's, the reason why I want to acquire Hong Kong Electric is for the land of Hong Kong Electric, so that Hong Kong Electric can cooperate with Hutchison Whampoa in land development and jointly develop the land held by it. As for the power development On, I am not a professional, and I will definitely listen to the opinions of you professionals."

"I can assure your management here that as long as your management does not cause major losses to the company, then I will not dismiss any of the management. Of course, I will definitely send my cronies over the company's finances, and I will definitely have the financial power To hold in hand."

Under the situation of holding the financial power, Lin Baicheng, who has the power of personnel, thinks that there is no need to worry. After all, he wants to send people from Hutchison Whampoa, but he also bought Hutchison Whampoa at the beginning of the year. Count him as his confidant.

If this is the case, it is better to use the original management of Hongkong Electric first. As long as they do not act against him and cause heavy losses to the company, then it doesn't matter if he uses them.

"Lin Sheng, although I am the senior manager of Hong Kong Electric, I can't settle such a major issue with one word. I need to discuss it with other management. I will convey to them what you mean, Lin Sheng. How to make a specific decision is up to you." It depends on what everyone thinks."

Levi's knew that Lin Baicheng's sincerity was already great, and he had no possibility to make further progress. In that case, he could only force Lin Baicheng to take control of HK Electric, and then kick them out of the company after taking control of HK Electric.

"I believe you will make the right choice."

Lin Baicheng smiled when he heard the words. Since Levi's did not refute it clearly, it means that he is inclined to accept the fact that he is in charge of HK Electric, and will not take the lead in opposing his entry into HK Electric. In this way, his entry into HK Electric will be much smoother. up.

Liao Siren said to Levi at this time: "Mr. Levi, the reason why Mr. Lin asked you out today is because he wants to discuss something with you."

"Please say."

Levi's was all ears.

Liao Siren replaced Lin Baicheng and said: "Mr. Lin believes that if all the shares are purchased from the stock market, it will only increase the stock price. Only some shareholders will benefit, and it will not benefit the company. However, if HK Electric conducts a private placement of shares to Mr. Lin If so, then the money will enter the company's account and be used as the company's development funds to make the company develop faster, which is good for everyone."

If there is a major shareholder in the acquired company, the private placement of shares will definitely be vetoed by the major shareholder, and it is impossible to succeed at all, because this will dilute the major shareholder's shares and damage the interests of the major shareholder.

The management and shareholders are different, they do not own the shares of the company, and the dilution of shares has nothing to do with them.However, once the private placement of shares increases the company's funds, their management will be able to develop the company better and get higher bonuses, which will be beneficial to their management.

Of course, Levi's knew that the private placement would be more beneficial to the company, so he said: "If the other managements of HK Electric also welcome Lin Sheng to join HK Electric, I think there should be no problem with the private placement. However, the private placement It is better for the stock price to be slightly higher than the closing price of the previous trading day, so that our management can also explain to other shareholders that we have not harmed the interests of any shareholder.”

Lin Baicheng said immediately after hearing this: "This is no problem, what do you think of the 10% premium?"

"it is ready."

Levi's nodded. If Lin Baicheng is allowed to take over HK Electric, then Lin Baicheng will be the boss of their management in the future. Of course, it is not good to let the future boss bleed. There is a 10% premium for their management to explain to all shareholders That's it.

A 10% premium is not a problem for Lin Baicheng. After all, if he buys from the stock market, he must pay a higher premium to buy a large number of shares. At that time, the premium was not as small as 10%.

The reason why I asked Levi’s to meet now and told Levi’s and HK Electric’s management that he was going to buy HK Electric was because Lin Baicheng had already decided to take over HK Electric. Even if the management didn’t welcome him, he would buy from the stock market at a high premium Stocks, and then enter Hongkong Electric.

Of course, if the management does not welcome Lin Baicheng's entry into HK Electric, or even leaks his acquisition of HK Electric, causing the stock price of HK Electric to be greatly increased, then Lin Baicheng will dare to sell a large number of his stocks and make money first. Let's talk when we get it.

Lin Baicheng also bought HK Electric to make money. He bought HK Electric's shares earlier, and Yum Securities bought it while suppressing the stock price. Therefore, the cost price was a little more than 3 Hong Kong dollars, and the cost of 3 million shares was more than [-] million Hong Kong dollars.If HK Electric's stock price is greatly hyped up, Lin Baicheng doesn't mind selling all the stocks in his hand at all, and he will make a few hundred million Hong Kong dollars first.

"Mr. Levi, Mr. Lin will only give your board of directors three days. If a decision cannot be made within three days, Mr. Lin will immediately buy HK Electric's shares at a premium from the stock market to avoid third-party interference."

Liu Siren said aloud that this was discussed by them, mainly to avoid a third party competing for the control of HK Electric and a takeover battle.It's just that he's the one to do the bad guy, and he's the one to say the threatening words.

Levi's glanced at Lin Baicheng when he heard the words, and nodded when he saw that he didn't make a statement: "Okay, our management will make a decision within three days."

Lin Baicheng said with a smile: "Mr. Levi's, I will trouble you. I hope we can work together in the future."

"I also hope to work under Lin Sheng and develop HK Electric from strength to strength."

Levi's expressed his goodwill, showing his attitude.

Not long after, Levi's said goodbye and left.

Levi's, who returned to HK Electric, immediately convened a high-level meeting of the management, and told about Lin Baicheng's meeting with him, and then told Lin Baicheng's purpose.

The management of Hongkong Electric did not expect that their company would be targeted, and they had already acquired a large number of shares and became the company's largest shareholder.

If possible, no one wanted to have an extra boss who could decide whether they would stay or not, but they knew very well that with Lin Baicheng holding a large number of shares, it would be difficult for them to resist, and the resistance was more likely to make them lose their jobs.

The main reason is that Hongkong Electric's shares are too scattered. If it is a little more concentrated and there are multiple shareholders holding more than 5% of the shares, they can also consider uniting these shareholders to prevent Lin Baicheng from becoming the master of Hong Kong Electric. Now there is no way to unite Convince a large number of shareholders to support their management in a short period of time.

On Wednesday afternoon, Levi's contacted Lin Baicheng on behalf of HK Electric's management, saying that their management had made a decision.

(End of this chapter)

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