Hong Kong's new giants

Chapter 48 [Wheelock Battle 1]

Thursday, May 2.

You have to go to work on Valentine's Day, this is what Lin Zuhui said to Guan Jiahui in the morning.

Of course, it might be possible to leave work early.

When I came to Wanhui Publishing House in the morning, the staff greeted me enthusiastically. Everyone was in a good spirit. There are probably two reasons:

First, the news that the company will distribute a total of 20 year-end bonuses to all employees this year has already been released, and it will be distributed together with salaries tomorrow; this is undoubtedly good news for everyone who has only joined the company for two months.

Second, the sales volume of "FHM" has climbed again, and it has reached nearly 7 copies. It grew up in the "adversity", of course, there is another reason why it spent another 50 yuan on advertising.

The sales of "FHM" determine the income of everyone in the company, so every employee of Wanhui Publishing House has a sense of responsibility and contributes their own efforts.

When I came to my office, there was a copy of the eighth issue of "FHM" to be released tomorrow on my desk, and the "Bang Girl" was the newly promoted girl-Wang Zuxian.

Joey Wong became the eighth "Gang Girl" of "FHM" because Shaw Films took the initiative to promote it, because Joey Wong has a movie released on the 19th of this month and wants to promote it in "FHM".

At this time, "Men's Gang" was very famous, with millions of advertising fees every month, and the invitation of actresses in Hong Kong would naturally not be rejected or asked for compensation; not only that, many actresses began to contact "Men's Gang", hoping to become a 'gang girl'.

It's a pity that none of them took the initiative to ask him out for dinner. Lin Zuhui secretly scolded these actresses for being "ignorant of flattery".

Just as Lin Zuhui fell into the good 'memories' with the stars, the phone on the table rang.

"Hey"

"Boss, big brother, something big happened!"

"You were bitten?"

"It's not a boss, it's a group called the 'Khoo Teck Puat Consortium', which advertised in the newspaper: It states that it has purchased 14% of Wheelock's shares from the Madden family, and is now starting to fully purchase Wheelock's shares from other shareholders; The bid price is 6.2 Hong Kong dollars for A shares and 6.2 cents for B shares.”

Wheelock is the only listed company in Heung Kong that owns AB shares. The price difference between A shares and B shares is ten times, but the votes are the same.

Back then, the Madden family of Wheelock thought of this move, and the bigwigs of Xiangjiang listed companies were shocked and immediately wanted to follow the example of Wheelock and establish the AB share system. Among them was Li Chaoren's Cheung Kong Industrial.

How can this work, everyone is doing this, the Hong Kong stock market is in chaos; the result is that the Hong Kong government called an emergency stop, and everyone failed.However, Wheelock, which has implemented AB shares, has slipped through the net.

"Calm down, isn't it just 6.2 Hong Kong dollars per share, can you be a little bit promising!" Lin Zuhui said calmly.

"Well, I listen to the boss."

Hearing Lin Zuhui's calm tone, Fang Jin felt relieved.

You know, Great Wisdom Investment Company invested 1900 million yuan to buy Wheelock, and the cost price was only 4.3 Hong Kong dollars; according to the current purchase price, they have already obtained [-]% of the profit.

The boss is worthy of being a boss, and his investment awareness is like beating up all the stockholders in Hong Kong.

Lin Zuhui said on the phone: "Don't worry about it so much, Qiu Deba can't make Huilock. It's just a dragon crossing the river. Xiangjiang doesn't know how many local snakes. It's the Nanyang consortium's turn to challenge."

Qiu Deba ranked second among the rich Chinese in Sing Tao, second only to the Huang Tingfang family, with family assets close to tens of billions.

"kindness"

Putting down the phone, Lin Zuhui showed a smug smile. He could finally witness a takeover battle.

Not only can you witness it, but you can also participate in it.

The Wheelock war is about to break out. Some smart stockholders will not hand over chips to Qiu Deba immediately, but there are also some fools who hand over their chips, but it will not affect the overall situation.

original.

If it wasn't for the Wheelock battle, most Xiangjiang people would not know that the largest shareholder of Wheelock is actually the Zhang Yuliang family.

Zhang Yuliang's father, Zhang Zhushan, started his business by relying on western medicine (he made money from the Korean War, so all his money was invested in Australia later), and he got involved in real estate in the late 50s. In 1962, Zhang Yuliang, the fourth son of Zhang Zhushan, built two buildings with family funds - Federal Building and International Building (the two buildings were priced at 1981 billion in 23), which shows how rich this family is.At that time, none of the four major families could compare with the Zhang family.

At that time, there was only one British-owned stock exchange in Hong Kong—the Hong Kong Association, and it was difficult for Chinese companies to go public. Zhang Yuliang decided to go public through a backdoor. He exchanged the Federal Building and the International Building for 77% of the shares of the Madden family’s Federal Real Estate.

From 1970 to 1972, Zhang Yuliang used part of the shares of Federal Real Estate and a large number of properties in exchange for the shares of the Madden family Wheelock; at the highest point, Zhang Yuliang accounted for 40% of the shares of Wheelock, while the Marden family was less than 20% of the shares. %.

But Zhang Yuliang has always been low-key, only serving as a director of Wheelock, and the Madden family as the chairman of the board of directors and president.

The Zhang family went public through a backdoor, as long as the flesh (real) and not the shell (name).

Because of this, the Madden family never felt that Zhang Yuliang was a threat.

Xiao Ma Deng is well-known in Hong Kong for his great success. He built Wheelock Building in 1980. His real estate trust had enough funds to build it alone; but he invited major real estate developers to participate, and the largest shareholder was Zhang family.

In other words, the funds in Xiao Ma Deng's hands could have built one building, but he wanted to build ten buildings; as for the shareholding ratio, he didn't care at all, what he cared about was that the ten buildings belonged to Ma in name. Deng family.

This time, the Madden family quietly transferred the shares to Qiu Deba, without greeting the board of directors, Zhang Yuliang was probably going to be furious: I am the major shareholder of Wheelock, with a large shareholding power, how could you do such a thing behind my back? What about the big things?

At this time, Zhang Yuliang held 34% of the shares of Wheelock, which is logically very stable;

However, Qiu Deba launched a comprehensive acquisition, which means that the acquisition can be declared successful when the shares reach 51%.

A full acquisition is not a privatization. It only needs to exceed 50% to declare victory and become the chairman of the board of directors.

Then again, Zhang Yuliang holds 34% of the shares. If he wants to repel the Qiu Tak Puat Consortium, he only needs to acquire 17% of Wheelock's shares, which is relatively easy.

After all, Qiu Deba only has 14% of the shares.

But unfortunately, like the Madden family, the Zhang family also wants to fade out of Xiangjiang and invest overseas.

So, how could they come up with funds to fully acquire Wheelock.

As for selling to Qiu Deba, that's even more impossible. There is no such way of playing in the takeover battle.

Zhang Yuliang had no choice but to find foreign aid to take over his shares, and emphasized that the foreign aid must defeat Qiu Deba.
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(End of this chapter)