Reborn in Hong Kong as a Tycoon

Chapter 645 Public Acquisition of a Telephone Company (Two in One)

Because Lin Baicheng works in the Galaxy Financial Group, Qin Lan came here to report to Lin Baicheng at around [-] o'clock in the morning.

Qin Lan told Lin Baicheng that just about half an hour ago, the people she arranged bought another 1.7% of the shares from two small shareholders of the telephone company.At present, it is not possible to acquire shares from other minority shareholders in a short time, and Lin Baicheng's total shareholding is close to 32%, and now the time for a formal public acquisition is ripe.

Lin Baicheng nodded and asked, "Is there still no good news about the offshore company's contact with Jardine Matheson?"

Qin Lan said: "Yes, although Jardine Matheson arranged for people to receive the heads of offshore companies, it only arranged for them to play in Xiangjiang, and did not talk about acquisitions. I don't know that Jardine Matheson has already reached a deal with HSBC. , or want to make a decision.”

Lin Baicheng couldn't help saying: "If you can acquire 10% of the telephone company's shares from Jardine Matheson, then there will be no surprises in the acquisition of the telephone company."

"That's true, but we can't be sure what Jardine Matheson's attitude is now. If it takes too long, when Jardine Matheson sells its shares to HSBC and falls into the hands of Cangjiang Industrial, the variables will be too great .”

"At present, Mr. Lin, you have the largest shareholding ratio in the telephone company, but once Cangjiang Industrial obtains the shares of the telephone company held by Jardine Matheson, and then unites with the current controlling party of the telephone company, then their holding The proportion of shares may surpass that of Mr. Lin, and it was impossible not to pay a huge price in the acquisition battle at that time."

Qin Lan was analyzing, and she felt that it would be no good to delay for too long.

"What you said is not unreasonable, I have also considered it."

Lin Baicheng quite agreed with this, and after thinking for a while, he said, "If this is the case, let's directly announce the acquisition and buy a large amount of shares in the telephone company at a premium from the stock market."

"Ok!"

Qin Lan responded, and then asked: "Mr. Lin, regarding the acquisition price, how much do you think is more appropriate? Also, how many shares is more appropriate to acquire?"

"What do you say?"

Lin Baicheng asked back aloud.

"In terms of the number of shares to be purchased, I think a total of 40% of the shares is enough. As for the purchase price, in order to avoid variables, it is better to purchase at a high price of 8.8 Hong Kong dollars. The stock price of 8.8 Hong Kong dollars is also a market value of 13.2 billion Hong Kong dollars , a premium of almost 20%, which is not low.”

Qin Lan had thought about it a long time ago, and after making special calculations, she felt that such a premium would not be too high, and a sufficient quantity could be purchased.

"The total share capital of the telephone company is 1.5 million shares, and the 40% shareholding ratio is still a little low. To be on the safe side, it is better to buy 4% more. The total purchase is 6600 million shares. The current difference is more than 1800 million shares. .”

"The purchase price of 8.8 Hong Kong dollars is 1.58 million Hong Kong dollars, and the premium of about 20% is indeed not low. However, Li Jiacheng of Cangjiang Industrial Co., Ltd. is eyeing him, and we must not give him any chance. You can announce the acquisition at a stock price of 10 Hong Kong dollars. However, It’s just over 2000 million Hong Kong dollars, and I’ll pay the money to buy peace.”

Lin Baicheng calculated that he decided not to give Li Jiacheng any chance, and was even willing to spend more than 2000 million Hong Kong dollars for it.He is very clear that once Li Jiacheng is given the opportunity to see the hope of acquiring the telephone company, Li Jiacheng will fight him. Once HSBC supports Li Jiacheng, he will indeed be able to fight him. Whether the acquisition succeeds or fails, there will be greater losses.

Needless to say, the acquisition was successful. With Li Jiacheng as a competitor, the acquisition price of the remaining shares would definitely skyrocket. Doubling it several times would be trivial, and it would cost hundreds of millions of Hong Kong dollars at least.

If the acquisition fails, although Lin Baicheng's previous investment will not be in vain, investing a large amount of funds into a company that cannot be controlled, and the utilization rate of funds is too low, which is a loss in itself.

What's more, Lin Baicheng and Li Jiacheng competed to acquire the telephone company, but Lin Baicheng lost to Li Jiacheng. Lin Baicheng is now the richest man in Hong Kong. His failure will only set off Li Jiacheng's success and make Li Jiacheng gain a great reputation.

Although reputation seems useless, it is actually not. After a certain level of reputation, it is also a kind of resource.

Out of these considerations, Lin Baicheng still decided to spend money to buy Ping An, and it would be better to spend more money to acquire the telephone company.What's more, his successful acquisition is tantamount to Li Jiacheng's failure. Maybe Li Jiacheng can make some money from the premium acquisition. After all, he has bought a lot of stocks, but the energy he invested before was not only wasted, but also Find new projects for jumbo loans.

For a loan worth hundreds of millions of Hong Kong dollars, if you don’t find an investment project with high potential, the interest on the loan will not be a small amount, and every day you leave it alone will be a loss.

"Mr. Lin, you bought the stock at a price of 10 Hong Kong dollars, a premium of more than 35%. I believe that a large number of shareholders will choose to sell the stock. We should be able to acquire a sufficient number of stocks soon."

Qin Lan didn't object after hearing it, not only because Lin Baicheng's words made sense, but also because the money belonged to the big boss Lin Baicheng, and Lin Baicheng himself didn't care about spending more money, so how could she care.

Nodding his head, Lin Baicheng suddenly asked, "Will Anyuan be in charge of the stock purchase?"

Qin Lan responded, "Yes, at present, Manager An also buys a small amount of telephone company stocks from the stock market, just to avoid attracting the attention of Li Jiacheng's side, so the daily purchase volume is not large."

Lin Baicheng said: "I talked to Tianfan in the morning. He needs to go on a business trip recently. The sale of Hutchison Whampoa shares that he is in charge of will be handed over to Anyuan. If you also leave it to him, I don't know if he is busy or not."

"I believe that with the ability of Manager An, it can be arranged."

At this time, of course, Qin Lan would not say anything that questioned Anyuan's ability, that would be too offensive.

"If he can't even do this well, he won't be the manager of Yum Securities."

Lin Baicheng nodded slightly, picked up the telephone receiver on the desk, contacted the secretary outside through the internal phone, and asked the secretary to call An Yuan over.

The office of Yum Securities is located in the current Xinghe Financial Building, so it didn't take long for Anyuan to come to Lin Baicheng's office.

"Boss Lin!"

"Come and sit!"

Lin Baicheng waved his hand and said to him, "Did Tianfan tell you about the reduction of Hutchison Whampoa stock?"

An Yuan nodded: "Manager Yuan has already told me that the handover is currently underway."

Lin Baicheng: "In addition to this matter, the acquisition of the telephone company can enter the next stage. I will publicly purchase the shares of the telephone company, and purchase more than 10 million shares at a price of 1800 Hong Kong dollars per share until it reaches 6600 million shares. So far. You are responsible for the acquisition from the stock market, can you handle it well?"

"President Lin, don't worry, I will definitely handle this matter well."

An Yuan immediately assured that no matter how difficult it was at this time, he had to show his confidence, not to mention that this matter was not difficult.To buy stocks at a fixed purchase price, he only needs to arrange for people to go to the exchange to buy stocks.

If the stock price of the telephone company has been higher than the purchase price, it has nothing to do with Anyuan. Anyuan only needs to report to Lin Baicheng. As long as there is no accident during the purchase process, it has nothing to do with him.

"Since we have decided to make a public acquisition, we will make an announcement at noon, and the acquisition will be carried out as soon as the stock market opens in the afternoon."

With that said, Lin Baicheng turned his head and said to An Yuan: "The funds for the acquisition will be fully allocated to you before the market opens in the afternoon. You must arrange someone to do a good job of stock delivery."

"Yes!"

"If there is nothing else, you can go to work first."

"Boss Lin, then I'll go back first."

An Yuan got up to say goodbye, and greeted Qin Lan before leaving.

After An Yuan left, Lin Baicheng said to Qin Lan: "About investment talents, don't forget to look for them and recruit them to Yum Securities. If they are not strong enough, recruit some talents to Yum Securities and let them compete for the position of manager. Only those with strong ability can secure the position of manager.”

Lin Baicheng is not the kind of person who kills donkeys, but he will not delay the company's development just to take care of the elderly.Instead of recruiting strong talents to Yum Securities to replace Anyuan directly, but to give Anyuan a chance to compete, this is already taking care of Anyuan.

It is impossible for Lin Baicheng to keep An Yuan as the manager of Yum Securities in order to take care of An Yuan, regardless of An Yuan's ability. Relationships don't work either.

Qin Lan nodded to express her understanding, and explained: "There are not many talents in this field in Xiangjiang, and you need to find them slowly. It often takes a few years to observe whether this person has real skills. represents what."

"I understand what you mean, I just remind you not to forget about it."

Lin Baicheng nodded and stopped talking. There are many financial talents on Wall Street in the United States, but he is looking for a manager for Yum! Securities. Yum! It is not suitable to find a foreigner on Wall Street as a manager.

"I won't forget, Mr. Lin, please rest assured."

Qin Lan knew that not only Anyuan, but even her own ability could not keep up with the development of the big boss, then her position might be replaced by others, so she had to continue to study and improve her ability.

Lin Baicheng then chatted with Qin Lan for a while, and then asked Qin Lan to leave. He himself went home for dinner after another business trip.

At 12:30 noon, Qin Lan issued an announcement to the media in the name of Lin Baicheng, bluntly stating that Lin Baicheng's shareholding ratio in the telephone company has reached 31.76%, which means that he holds 4764 million shares of the telephone company and has become the largest shareholder of the telephone company.

At the same time, Lin Baicheng will continue to purchase the shares of the telephone company at a price of 10 Hong Kong dollars per share. He will purchase 6600 million shares, that is, another 1836 million shares. After the purchase of 1836 million shares, he will no longer purchase shares.

Now is not the Internet era decades later. Whenever there is hot news, journalists working with tablet notebooks can use ready-made templates to write manuscripts on the spot, and send them to leaders or editor-in-chief for review. It can appear on the Internet, and the time before and after is only ten minutes.

But now, even if the newspaper office knows about the news, they have to go back to the newspaper office to write the manuscript, and then the newspaper office will arrange for people to go to the printing factory to print it, and then take the newspaper to the newsstand for sale, and they will not know when it falls into the hands of the people. It will be a few hours later.

This is still a newspaper office with afternoon papers. Many newspaper offices only have morning papers or evening papers, and there are very few newspapers with morning and evening papers, let alone newspapers with morning, middle and evening reports.

Fortunately, Lin Baicheng has an Asian TV station under his name. It takes time to print the newspaper, and it also takes time to sell it. With the TV station, it is completely possible to insert this news directly.

If the TV station is not broadcasting a program that is difficult to change, then it will broadcast the news in the form of a financial program; if it is difficult to change the program, it will broadcast the news in the form of an interstitial, so that the news appears at the bottom of the TV.

With a TV station, relevant news can appear in front of the public at the first time, but it is hard to say how many people will see it.After all, today is a working day, and it is also a break at noon. There are not many people watching TV at this time.

TV ratings peak at night.

Although it is not known how many shareholders saw the news after the news was reported, some people related to the telephone company got the news very quickly.

"I didn't expect that Lin Baicheng was also buying shares in the telephone company, and he had already bought so many shares."

Shen Congee was very surprised. Under his arrangement, Jardine Matheson already had the intention to sell the shares to Cangjiang Industrial, and the price was acceptable to Li Jiacheng, but now it was suddenly revealed that Lin Baicheng was also buying the telephone company, and had already Is the largest shareholder of the telephone company.

Shen Porridge knew that there was a change in the transaction between Jardine Matheson and Cangjiang Industrial, and the transaction could not go on for the time being.Li Jiacheng needs to communicate with him. Shen Porridge needs to know whether Li Jiacheng will continue to buy the telephone company. At the same time, he is not sure whether Jardine Matheson will sell the shares now.

However, before Shen Congee contacted Li Jiacheng, Li Jiacheng contacted Shen Congee first, saying that he was going to visit him at HSBC, and Shen Congee naturally welcomed him.

Shen Congee didn't need to think about it to know that what Li Jiacheng was going to say was related to Lin Baicheng's public acquisition of the telephone company, and he himself had to consider how to deal with this matter.If Li Jiacheng insists on continuing to acquire the telephone company, should HSBC support Li Jiacheng?

Lin Baicheng clearly wanted to acquire the telephone company. If HSBC supported Li Jiacheng, it would definitely hurt Lin Baicheng and affect the cooperative relationship between the two parties.Now Hutchison Whampoa is preparing to acquire Bentley Motors, and HSBC is working hard to become a partner of Bentley Motors. If Lin Baicheng is evil at this time, the cooperation may be suspended.

But if you don't support Li Jiacheng, it's a bit unreasonable. After all, Li Jiacheng has already borrowed hundreds of millions of Hong Kong dollars from HSBC.

But no matter what, everything has to wait for Li Jiacheng to come over, listen to what Li Jiacheng thinks first, and then make a decision at that time.

(End of this chapter)