Reborn in Hong Kong as a Tycoon

Chapter 435 The Change of Wheelock (Two in One)

On Monday, April 1979, 4.

Wheelock held a board meeting.

At the board meeting, chairman John Ma Bin proposed to issue additional A shares equivalent to 5% of the company's total share capital to Li Jiacheng at the current market value of Wheelock.Wheelock is listed in the form of AB shares, of which the face value of A shares is relatively large, which is equivalent to five times the face value of B shares at the time of issuance, but the voting rights of the two are the same.

In other words, it is not cost-effective to take A shares.Take Li Jiacheng’s additional issuance as an example, Li Jiacheng can only get 5% of the voting rights if he takes 5% of Wheelock’s A shares, but if the money is used to buy B shares with the same market value, he can get 25% voting rights.

Faced with John Ma Bin's proposal, the directors of Zhang Yuliang's family naturally objected.Li Jiacheng was introduced by John Mabo, and he must be on John Mabo's side. Although Li Jiacheng has not been nominated to join the board of directors, as long as Li Jiacheng has 5% of the company's shares, John Mabo will definitely propose Let Li Jiacheng enter the board of directors, and then he will be even more unable to stop it.

The reason is simple. Some of the current Wheelock directors have less than 5% of their shares. It makes no sense that Li Jiacheng, who has more shares, cannot become a director of the company.

Although Li Jiacheng and Li Jiacheng are both Chinese businessmen, since Li Jiacheng is cooperating with John Ma Bin, who would consider the friendship of Chinese businessmen? Naturally, Zhang Yuliang tried his best to prevent John Ma Bin's proposal and did not agree to issue additional shares to Li Jiacheng.

Zhang Yuliang strongly opposed it, but John Ma Bin was not surprised, because it was a very normal thing.

John Ma Bin looked at several neutral directors and said: "Dear directors, the group's development plan is to take advantage of the decline in the shipping industry due to the oil crisis, increase investment in the shipping industry, and purchase more ships. The purchase of a large number of ships requires a lot of funds, which consumes too much cash of the company. In addition to the shipping industry, the real estate industry has been booming in recent years. The company intends to increase investment in this area, which also requires funds, so the introduction of additional shares is powerful. Shareholders are very necessary."

"The chairman is right. It is indeed necessary to introduce powerful shareholders. Li Sheng's joining will not only allow the company to obtain a lot of cash, but also can reach a cooperation with the company in real estate development. It can be said to be a win-win situation."

A neutral director nodded in agreement. The additional shares issued are only 5%, which does not dilute everyone's shares much, but it can strengthen the company's strength, so the minority shareholders have no reason to object.

Zhang Yuliang saw the movement of the other two neutral directors, and immediately said: "Issuing additional shares can indeed allow the company to obtain a large amount of cash and strengthen the company's strength, but it is not necessary for Li Sheng. Xiangjiang is stronger than Li Sheng. We can completely compare and compare, and there is no need to make a decision right away.”

No one objected to Zhang Yuliang's words. After all, this matter is not very urgent, especially for neutral directors.

"Director Zhang, this matter is related to the development of the company. I hope you will not deliberately delay the time. Next Tuesday, that is, the first day of next month, the board of directors will be held again. I hope that Director Zhang can give a reasonable response. Li Sheng is a better candidate."

John Ma Bin couldn't force a decision, but he didn't plan to give Zhang Yuliang too much time, and it only took eight days in total including the two days off.

"I won't procrastinate on purpose. If I don't have a better candidate than Li Sheng at that time, then I will follow what you said and issue additional shares to Li Sheng."

Zhang Yuliang snorted. He knew very well that if he could not propose a better candidate at the next board meeting, then he would have no way to prevent Li Jiacheng from becoming a shareholder of Wheelock, and he might even become a director of Wheelock in the future.

After the board meeting, John Horse and Li Jiacheng went to John Horse's office.

"Chairman Ma Bi, you shouldn't have promised Zhang Sheng to find someone else. There are too many variables."

Li Jiacheng said out loud that it was he who took the initiative to invest in Hui Defeng this time, and asked Shen Congee for help.Not only was a lot of the funds required for the additional stock issuance to be borrowed from HSBC, but Shen Porridge was also required to help lead the way for John Ma Bin to agree to issue additional stock to him.

The reason why Li Jiacheng chose to invest in Wheelock is because there are not many companies for him to choose among the relatively large-scale listed companies in Xiangjiang.If he wants to achieve greater success, acquiring a large group is the best choice.

At present, there are still quite a few well-known groups and companies in Xiangjiang. Swire Group, Wheelock, and Jardine Matheson are the most famous three old brands, but Swire Group has been operating very well, and Jardine Matheson is currently strong, so it will Defeng's problem is more obvious, that is, this company is not the only one, but two families are vying for control.

Therefore, after consideration, Li Jiacheng wanted to become the owner of Wheelock, but he knew that it was too difficult to become the owner of Wheelock, so it was a good choice to become a minority shareholder and ambush him first.

Once the competition between Wheelock's Madden family and Zhang Yuliang's family intensifies, not to mention both sides will suffer, even if one of them loses, then Li Jiacheng will have a chance to win Wheelock.

Because of this, Li Jiacheng only wants to become a shareholder of Wheelock first, without any changes.

"Li Sheng, there's nothing I can do about it, even if I don't agree."

John Ma Bin shook his head after hearing this: "I don't have that strong control over the company's board of directors. Zhang Yuliang's proposal is beneficial to the company, so the neutral directors will only stand on his side. Instead of me firmly pushing for you to issue additional shares If you are rejected by the board of directors, it is better to take a step back and let Zhang Yuliang find someone who is stronger than you, Li Sheng."

"But."

"I know what you are worried about, Li Sheng."

John Ma Bin raised his hand and interrupted: "There are indeed many Chinese families in Xiangjiang who are stronger than Li Sheng, but 5% of Wheelock's shares are worth more than one billion Hong Kong dollars. Everyone has their own business. Instead of taking out If more than HK$1 million becomes a minority shareholder of Wheelock, it is better to use the funds to develop your own business. I think everyone knows how to choose the most beneficial one, so you don’t need to worry.”

There is still one thing John Mabi didn’t say, that is, it’s useless to worry about it now. If Zhang Yuliang can really find someone who is stronger than Li Jiacheng or who is more likely to bring benefits to Wheelock, then thinking about it now will not be possible at all. Meaning, see you later.

"Ok."

John Ma Bin has said so, what else can Li Jiacheng say, if there is a competitor, it can only be said after the competitor appears.

What's more, Li Jiacheng's investment in Wheelock just wanted to lie in ambush and plan for the future. If he couldn't get a share in Wheelock, Li Jiacheng would not lose much, and he could accept it. It was nothing more than finding another target.

the other end.

Zhang Yuliang was thinking about who is more suitable to find. First of all, if he has a good relationship with the Chinese, he can't find an opponent for himself. In addition, he must have strong strength. At least this person must be able to easily come up with 1 Chinese businessmen with more than [-] million Hong Kong dollars.

To meet the two conditions, there are really not many people Zhang Yuliang can choose, only a few.

"Bao Sheng is definitely not good. He abandoned the ship and landed. The direction of development is completely opposite to that of Wheelock."

"For Lin Sheng, he is a garment maker, and shipping will be used for export. It is not impossible to ask him to become a minority shareholder of Wheelock."

"Chen Sheng is engaged in real estate, and Wheelock will also vigorously develop the real estate industry. There is a possibility of cooperation, which can be one of the options."

"I'm afraid Xu Sheng can't do it. His father is in the shipping business, and he didn't inherit it. He probably wouldn't be interested in Wheelock, let alone become a minority shareholder."

"Dong Sheng, he and Wheelock can be said to be competitors, so don't worry about it."

"Lin Sheng. He is the most powerful, but he is only a small shareholder of Wheelock. I don't know if he will be taken seriously. He should be listed as one of the candidates for the time being."

"."

Zhang Yuliang wrote down the people he thought of one by one, and then excluded one after another. In the end, there were only a few targets that could be invited. He couldn't be sure whether these people were interested in becoming a shareholder of Wheelock.

What Zhang Yuliang can do now is to arrange these people in an order, and then go to the door according to the order and talk to them.

On the last day of this week, which was the 27th, Lin Baicheng learned from Qin Lan that Zhang Yuliang wanted to meet him, and he agreed.

At noon that day, the two drank tea in a box in a teahouse.

"Lin Sheng, I'll just say it straight."

The two drank tea for a while, and Zhang Yuliang said aloud: "On Monday, John Ma Bi proposed at the board meeting to issue an additional 5% of shares to Li Jiacheng and Li Sheng at Wheelock's current market value. I have been talking with Ma Bi The family fights for the control of Wheelock, so naturally they don't want John Ma's strength to increase, so I said that we should issue additional shares to people who are stronger than Li Sheng. And I invite you to meet this time because I want to invite you to become a shareholder Defeng, become a shareholder of Wheelock."

The reason why Zhang Yuliang told the truth was because he knew very well that if Lin Baicheng went to investigate, he would definitely be able to find out what was going on, so there was no need for him to be a villain, it was best to be honest.

"Becoming a shareholder of Wheelock?"

Lin Baicheng couldn't help pondering when he heard the words. He was interested in Wheelock, yes, but not now.At present, Wheelock is vigorously developing the shipping industry, which was definitely a loss-making business in the 80s. Therefore, if he invests in Wheelock now, the investment will definitely lose money. loss.

Of course, it is not without benefits to agree to Zhang Yuliang's shareholding now, that is, he has become friends with Zhang Yuliang, and he will definitely support Zhang Yuliang after becoming a shareholder of Wheelock, so if Zhang Yuliang decides to sell his shares in Wheelock in the future, Lin Baicheng will be able to get close first. month.

Lin Baicheng asked aloud: "Sheng Zhang, you invited me to become a shareholder of Wheelock, does it mean that Wheelock will issue 5% more shares to me?"

"Yes!"

Zhang Yuliang nodded and said: "As long as you are willing to agree, Lin Sheng, with your strength, the company's board of directors will definitely choose to support Lin Sheng as a shareholder of Wheelock. Although the value of this additional share is as high as 1.3 million Hong Kong dollars, it is very important to Lin Sheng. It shouldn't be a problem."

"This money is really nothing to me, and I can really take it out."

Lin Baicheng nodded first when he heard the words, then shook his head and said: "But Zhang Sheng, I can only say sorry to you. Wheelock is a good group company, yes, but I have no interest in becoming a small shareholder of Wheelock , 5% of the shares are too little for me."

The reason why Lin Baicheng refused to buy shares in Wheelock was not only because he disliked that 5% of the shares were too small, but also because the target of the additional issuance proposed by John Mabi was Li Jiacheng, and Li Jiacheng wanted to buy shares in Wheelock. What purpose does Jiacheng have, but as long as Li Jiacheng is willing to enter the pit of Defeng, he is very happy to fulfill it.

Lin Baicheng has always wanted to find an opportunity to cheat Li Jiacheng, but unfortunately he couldn't find it. Although Hutchison Whampoa suppressed Cangjiang Industrial in the development of the real estate industry, the results were limited.After all, Li Jiacheng is firm in the company's development path, and Hutchison Whampoa can only raise the price when Cangjiang Industrial auctions the land at most, making Cangjiang Industrial pay more costs, and there is no other way.

Now that Li Jiacheng wants to take a stake in Wheelock, regardless of other things, Li Jiacheng’s current investment in the 5% of the shares will be a loss, unless Li Jiacheng can take over Wheelock or persuade John Ma Bin to change his plan to vigorously develop the shipping industry. plan, but Lin Baicheng felt that these two possibilities were unlikely.

"Lin Sheng, do you want to stop thinking about it?"

Zhang Yuliang was bitter in his heart. Some of the people he visited a few days ago felt that it was too much to spend more than 1 million Hong Kong dollars to buy shares in Wheelock. It would be better to go to Lin Baicheng, but they still disliked too few shares.

"Sheng Zhang, just 5% of the shares is too little for me."

Lin Baicheng shook his head lightly, thought for a while and said, "Zhang Sheng, can you issue more shares? 10% or 15% is fine."

"Lin Sheng, Wheelock doesn't have a lot of funds, so we only plan to issue 5% more shares."

Zhang Yuliang waved his hand, what he was looking for was someone who could help him, not a competitor for himself.If Lin Baicheng gets 10% or more of the shares, if Lin Baicheng buys some secretly, or contacts a few directors, it is entirely possible to become the third strongest in the company, and it is even possible for a bad shareholder to surpass him. After all, Lin Baicheng Strong capital is unmatched by him.

"In this case, I can only say sorry."

Lin Baicheng shrugged. 5% of Wheelock's shares are useless to him at all, and more can be fought for and cause trouble. If it is only 5%, he might as well not take a share and give it to Li Jiacheng. See Let's see what Li Jiacheng is going to do.

Although Lin Baicheng blatantly refused, Zhang Yuliang still didn't want to give up, because this was the last person he could find, and Lin Baicheng didn't want to invest in Wheelock because he had given out too much money. Can Lin Baicheng change his decision?

Based on this idea, Zhang Yuliang did not give up lightly, but continued to persuade Lin Baicheng, talking about the development prospects of Wheelock, and wanted Lin Baicheng to know that investing in Wheelock would be a lucrative investment.

(End of this chapter)