Reborn in Hong Kong as a Tycoon

Chapter 591 Killing the British capital, small tricks (two in one)

"I have decided to remove Grant and Fred from the board of directors, and Li Sixhao and Zhao Yi will take over the board of directors."

Lin Baicheng said and looked at Shiyadi Shihuaiya and the four of them. Today he said that he would replace Grant and Fred.

"Mr. Lin, Grant and Fred have always done a good job. Why should they be removed from the board? Especially Fred, he is the chief technical engineer of the company. If he is missing, there will be It will have a big impact on the company."

Although he already knew that Lin Baicheng would do this, and knew that opposition might be useless, Shi Yadi Shi Huaiya still expressed his attitude out loud.

Lin Baicheng was not surprised when he saw this, he said: "I think the four of you should know that just last Friday, Grant and Fred were taken away by the Commercial Crime Investigation Bureau. They were reported to have harmed the company's interests, so they It is no longer fit to be a director of the company."

"It's just a report."

Henry Kessack retorted: "Mr. Lin, if you are asked to do this for just one report, if there are people who report problems with other executives of the company in the future, will you also remove their positions?"

"This is not just a report. The Commercial Crime Investigation Bureau has opened a case for investigation, which shows that the authorities have some evidence. They should not be wronged. This is the point."

Lin Baicheng didn't want to argue with Yingzi about this matter, so he continued: "Of course, in order to avoid wronging good people, I plan to replace their board seats first, let them suspend their jobs and stay at home with pay, and wait for the official investigation results to come out. Make a decision."

"If it is said that they were wronged, then I will restore their positions and honors, and at the same time give them some compensation; but if they are not wronged, but there is a real problem, then everything will be done according to the law .”

"Now they are suspended without pay, so as not to affect the reputation of the company. It is impossible for the company to allow people with problems to occupy high positions. If employees and the outside world think that our company is not doing anything, it will be a heavy blow to the company."

No matter what happens in the future, as long as Grant and Fred are kicked out of the board of directors and replaced by Lin Baicheng, it will be a victory for Lin Baicheng.At the next board meeting, he will take control of the situation, so as to achieve the goal of capital increase and share expansion, and put the capital of the British capital on the HK Electric Group.

Of course, if he did this, Lin Baicheng would definitely have a lot of money trapped in Hong Kong Electric Group, and his losses would actually be even greater.However, what Lin Baicheng wants is to fight for capital with British capital, and he is about to make a lot of money in the futures market, so he is not afraid that he will not be able to compete with British capital.

"I still disagree with Mr. Lin's statement. It's too impersonal to do so. At this time, we should trust them even more. Only in this way, the company's employees and management will work hard for the company."

Knowing that Lin Baicheng could not be stopped, Shi Yadi Shi Huaiya could only speak well and win people's hearts.

"Humanity?"

Lin Baicheng couldn't help laughing when he heard this. A company that wants to develop cannot be too humane, so how can it manage the company.

"If the four have nothing else to say, let's go straight to the vote."

The shareholder meeting is Lin Baicheng's home game, so he doesn't want to argue with Yingzi, as long as the final result is what he wants.

Shiyadi Shihuaiya and the others wanted Lin Baicheng to change his mind, but this was obviously impossible, and there was no surprise at all in terms of Lin Baicheng's shareholding ratio in terms of voting.

The final result was that Grant and Fred were removed from the board seats, and Li Sixhao and Zhao Yi were replaced as directors of HK Electric Group.

If it was the previous shareholders meeting, Lin Baicheng would talk to other directors about the company's development plan and other things, but he had nothing to say with Yingzi, so after the goal is achieved, it means that this shareholders meeting is over.

As for the British capital, after taking the board seat, there is nothing else to say at the shareholders' meeting.The main reason is that they know that no matter what proposal they have, unless it is beneficial to Lin Baicheng, Lin Baicheng will oppose it.

As for Lin Baicheng's shareholding ratio in Hongkong Electric Group, once Lin Baicheng objected, any suggestion made by the British capital would be meaningless, so they simply stopped talking.

Judging from the current situation of Hong Kong Electric Group, Lin Baicheng has already won, and there will be no more surprises this time, and the British capital has no possibility of a comeback.

However, Lin Baicheng's defeat of the British capital is only the beginning, and the operation of HK Electric Group will definitely not go smoothly.After all, the British capital holds four director seats and is the company's major shareholder. It is not easy to interfere with the company's operation and development.

Fortunately, Lin Baicheng has already prepared for this kind of mentality, and he himself wants to cheat the British capital to prevent the British capital from fleeing from Hong Kong Electric Group. Next, he will take the initiative to suppress the stock price of Hong Kong Electric Group.The British capital either chooses to cut their flesh and leave when the stock price is low, or they can only watch their own shareholding ratio continue to shrink, and the funds are trapped in HK Electric Group and cannot move.

As long as the share price of HK Electric Group is low enough, even if the British capital wants to mortgage the shares to bank loan funds, it will not work.Banks are not stupid. They will calculate the loanable funds based on the market value of the collateral, and it is impossible to give loan funds exceeding the value of the collateral.

The bank gave a loan of 100 million for a collateral worth 200 million. If the borrower refused to repay the mortgage, wouldn't the bank lose 100 million?Banks are not stupid, how could such a thing be done.

Generally speaking, it is very good for a bank to give a loan of [-]% of the value of the collateral.

After leaving the meeting room, Lin Baicheng went to the office and had Levi's called over.

"Boss Lin!"

"Come, sit here!"

Lin Baicheng sat on the sofa and waved to Levi's.

"Boss Lin, did you ask me to come over?"

Levi's sat down opposite Lin Baicheng, and he already had some guesses in his mind. He knew that Lin Baicheng had held a shareholders' meeting a while ago.

"At the shareholder meeting not long ago, I replaced Li Sixhao and Zhao Yi as directors of the company. At the same time, I asked Grant and Fred to suspend their jobs and rest at home for a while. I will make a decision after the investigation results of the Commercial Crime Investigation Division come out. where they go or stay."

Lin Baicheng briefly explained the results of the shareholder meeting.

"Congratulations to Mr. Lin. In this way, Shiyadi Shihuaiya's conspiracy to compete with you for control of the company will fail."

Levi's is overjoyed, he is now Lin Baicheng's subordinate, the leader of HK Electric Group, Lin Baicheng's victory in the battle represents his victory, and his interests have been stabilized.

"Well, this matter can almost be said to have come to an end."

Lin Baicheng also nodded with a smile on his face, and then said: "I have already told Shiyadi Shihuaiya and the others that the company will hold a board meeting at ten o'clock in the morning next Monday. Please remember to inform other people. The theme of the board meeting next Monday is about For capital increase and share expansion, the company will issue 1.9 million additional shares, increasing the total share capital to 15 billion shares.”

"What you have to do is to discuss with the management to see what the company's additional issue price is more appropriate."

"Alright Boss Lin, I will inform you about this in the afternoon, and I will be able to determine the specific price of the additional issue before I get off work in the afternoon, and it will be determined by you then."

Levi's responded with a voice, and then asked: "Mr. Lin, which bank will the company issue additional shares?"

"Looking for HSBC, I will increase the shareholding ratio of the company's additional shares this time, which means that I can eat nearly half of it myself. Let HSBC handle the rest. I want to use HSBC's Strength, the remaining half of the stocks will definitely be settled."

Lin Baicheng said his plan, handing it over to HSBC seems to make HSBC earn a fee, which should not be the case, but Lin Baicheng still did it.

The reason is very simple. Lin Baicheng issued additional shares to dilute the shares of the British capital or to allow the British capital to increase its shareholding, so that more funds of the British capital will be trapped. The share price of Hong Kong Electric Group will not be too large in the next few years. Big ups and downs are possible.

With such a stock trend, if Galaxy Bank is allowed to do this business, recommending stocks to bank customers is tantamount to trapping customers. At that time, customers will definitely have opinions on Galaxy Bank, so this thankless task should be handed over to It is better for HSBC to do it.

Levi's couldn't help reminding after hearing this: "Mr. Lin, this time the British Capital and you are competing for the control of Hong Kong Electric Group. HSBC may have a role in the middle."

"I understand what you mean. I know these things well. The business of the company's additional stock issuance should be handed over to HSBC. After the board of directors approves it next Monday, you can contact HSBC."

Lin Baicheng mentioned by Levi's has also thought about it, but he is not going to turn against HSBC for the time being, so he doesn't know.

But pretending not to know doesn't mean that Lin Baicheng doesn't remember it in his heart. Therefore, if Lin Baicheng has good business now, he will never look for HSBC. Will entrust HSBC to do it.

After a while, Levi's left from Lin Baicheng's office.

After that, Lin Baicheng called Li Sizhao and Zhao Yi to his office to talk, and told them to work hard. If they did well, their board seats might be kept forever.

In any company, the management with director seats has higher status and better treatment than the management without director seats, and HK Electric Group is no exception.

In fact, before making Li Sizhao and Zhao Yi the directors of Hong Kong Electric Group, Lin Baicheng had already talked to these two people, and they also promised Lin Baicheng that they would do things well. As Lin Baicheng, the boss, followed the lead, he promised again this time.

When returning to Repulse Bay Villa for lunch at noon, Lin Baicheng met Iwasaki Mineryu, and the two had a chat.Iwasaki Mineryu regretfully told Lin Baicheng that yesterday he only bought more than 6000 million US dollars of gold futures with privately operated funds. Later, because the increase was too high, he wanted to wait for a little adjustment before buying, but unfortunately it did not fall. to the price at which he wants to buy.

Mineryu Iwasaki used three times the leverage, which means that he only bought a principal of more than 2000 million US dollars, and he took out a total of 5000 million US dollars in principal, and more than half of the funds have not been opened.

Regarding Iwasaki Mineryu's private use of more funds to enter the market, Lin Baicheng did not say anything. After all, the money belongs to Iwasaki Mineryu, and the profit and loss are all Iwasaki Mineryu's own business, and have nothing to do with Lin Baicheng.

But this time, Iwasaki Mineryu did the right thing, the price of gold will rise later, and his investment this time will usher in a big profit.

Of course, the premise is that Mineryu Iwasaki can close the long orders at the high point. The price of gold will definitely drop sharply after the big rise. If he does not close the long orders in time, even if there is profit, it will not be too much. There is a possibility of loss.

Lin Baicheng thinks that when he closes out the small circle partnership investment list, Iwasaki Mineryu should also close out the long orders, so the possibility of Iwasaki Mineryu's profit this time is quite high.

In the afternoon, Lin Baicheng did not go to Hong Kong Electric Group, but went to Hutchison Whampoa.

Lin Baicheng talked to Wei Li and asked Wei Li to do something.This incident is to let Wei Li himself or arrange for a certain high-level executive of the company to inadvertently disclose to the outside world that the company's investment is actually long gold futures, and to disclose this matter to the outside world.

After this news is spread, the media will definitely track down Lin Baicheng and the executives of Hutchison Whampoa and interview the truth. What Lin Baicheng and others have to do is not to deny it, so that the outside world is more convinced that Hutchison Whampoa's investment is long gold futures.

In this way, as the international gold price continues to rise, the stock price of Hutchison Whampoa will also continue to rise, and what Lin Baicheng has to do is to slowly sell the stocks in his hand after the stock price has risen to a certain price, and reduce the shareholding .

Just a few days before it will enter 1980, Lin Baicheng can let Hutchison Whampoa publish the quarterly report and annual report earlier, and show in the report that his shareholding ratio in Hutchison Whampoa has not changed. After that, he can reduce shareholding.

The next time the quarterly report was released was in April 1980. At that time, Lin Baicheng's shareholding had already been reduced. Even if the stock price of Hutchison Whampoa was affected by this, he had no loss.

Reducing holdings at high positions to cash out, and increasing holdings at low positions to buy bottoms, this is what every chairman of a listed company will do. Doing this can make the chairman of the company a lot of money.Even if there is not much change in the development of the company, it will not affect the chairman of the company to make money.

Of course, Lin Baicheng would not tell Wei Li all his plans, there was no need for that, he just told Wei Li to do it.

Wei Li also didn't ask what purpose Lin Baicheng had in doing this. What Lin Baicheng asked him to do was not difficult, of course he wouldn't refuse, and he didn't go to the bottom of it.After all, Lin Baicheng is the boss, and it is normal for the boss to order his subordinates to do things.

Lin Baicheng asked about the current stock price of Hutchison Whampoa, and learned that the stock price of Hutchison Whampoa is fluctuating between 90 and 100 Hong Kong dollars, and it has been fluctuating for a while.

At present, the entire Hang Seng Index is in a rising stage, especially this month, with the rise in land prices, the stock prices of listed companies related to the entire industrial chain of the real estate industry have risen, driving the entire market.

Hutchison Whampoa did not rise, and was in shock, mainly because the previous increase was too large, and now there is no positive support, and time is used to digest the previous profit taking.

(End of this chapter)