Started from Hong Kong Island

Chapter 158 Chapter 159 [The Latecomer Takes Advantage]

"Of course, helping Mr. Zhu is not my main purpose." Li Wendi continued, "As far as I know, Bao Ligui already holds 22.5% of the shares. Mr. Zhu, can you tell me how much you hold now?"

"38%! The holding is not very stable." Zhu Changhua's face was heavy. "Mr. Li should have bought a lot of Changhua Real Estate shares, right?"

"I bought a little, about 10%." Li Wendi explained again, "Don't worry, Mr. Zhu, I already own a listed company, and the scale of Changhua Real Estate Company is not worth my investment."

Zhu Changhua knew that Li Wendi was saying that Changhua Real Estate Company was too small and he looked down upon it, but Zhu Changhua could do nothing about it. It would be beneficial for him to have Li Wendi to resist the enemy now, as his own strength was very limited.

"Mr. Li, I don't have any other requests. I just hope that it won't affect the future increase in the market value of Changhua Real Estate." Zhu Changhua knew very well that there was no way to maintain the stock price stable in the future, so he could only consider it later.

"Okay, I'll try my best." Li Wendi nodded slightly, but suddenly said, "Mr. Zhu, accidents can easily happen in the stock market. I hope Mr. Zhu won't hesitate, as opportunities are fleeting."

Zhu Changhua paused slightly. It was impossible for him to trust Li Wendi. He only believed in the consistency of interests. So he was worried that after dealing with the common enemy, Li Wendi would turn the gun on him. However, Li Wendi was his companion at the moment, so he subconsciously thought about how to deal with it.

"Okay, but I want to increase my shareholding to 40%."

"Then Mr. Zhu had better complete the share purchase as soon as possible, because the war is about to begin." Li Wendi knew that it would be difficult to make Zhu Changhua trust him completely.

As the saying goes: There is no wall that is impenetrable!

Deep Water Bay Chen Family Villa

Chen Xingting rushed into Chen Fenben's study room with an excited look on his face. "Dad, I have good news. You will definitely be happy to hear it."

Chen Fenben, wearing reading glasses, looked up from his copywriting and whispered, "Don't be impatient."

"Yes! I understand." Chen Xingting suppressed his excitement and pretended to be serious and said, "I received news that Li Wendi is planning to take action against China Entertainment Properties Co., Ltd., and it seems that he wants to swallow it up completely."

Chen Fenben's tired face glowed, "Li Wendi couldn't help it, what's the situation with China Entertainment Real Estate Company?"

Chen Xingting immediately handed over the prepared document. "It contains information about China Entertainment Real Estate Company. It is a company with very good assets. Although Li Wendi is not a good person, he has a sharp vision."

China Entertainment Properties is undoubtedly a hot commodity, and its properties are worth a lot of money. Even Hengyao Real Estate Company wants to swallow up the fat pork, which is enough to complete its new expansion plan.

Ten minutes later, Chen Fenben finished reading the document with a serious expression on his face, not as happy as Chen Xingting had imagined.

"What's wrong, Dad?" Chen Xingting was startled by Chen Fenben's expression. He thought there was some big problem that he had not discovered.

Chen Fenben closed the document, put it on the table, and said seriously, "Recently, Hengyao Real Estate and Changxin Real Estate have been competing for property land. There shouldn't be much money to get involved. In addition, the assets of China Entertainment Real Estate Company are worth tens of millions, which is not easy to swallow. I'm worried that this is Li Wendi's plan to trap us."

"There have been too many examples of competition during this period. I don't believe that Li Wendi didn't see the trick."

Chen Xingting didn't think of this. He thought it was because he was too excited. After thinking about it, he didn't think this would be a trap because Li Wendi always did things in secret.

"Maybe Li Wendi thinks that our attention is focused on other things and we may not notice this matter." Chen Xingting said.

Chen Fenben took a deep look at Chen Xingting and couldn't help but sigh, "If Xingzhou were here, he would never say such a thing." Suddenly, he felt that he should firmly believe in the idea of ​​letting the eldest son inherit the family business, otherwise the family would change.

"Forget it, there's no point in thinking too much!" Chen Fenben said with a double meaning, and it was unclear whether he was talking about the inheritance or the China Entertainment Real Estate Company. "Go and mobilize funds immediately to buy stocks from the market or shareholders. Remember not to let Li Wendi know. We want to catch him off guard."

Chen Fenben certainly wanted to bring down Li Wendi in one fell swoop, although this was unlikely.

"Yes, I'll do it right away." Chen Xingting turned and left the study, and went to gather his "advisers". Chen Fenben looked at Chen Xingting's back and couldn't help but sigh slightly. He was so clumsy in doing things, when would he be able to mature and support the family business?

A few days later, the Changxin Real Estate Company Office
Zhang Wentao respectfully placed the document in front of Li Wendi, and slowly sat down. "Boss, we have acquired 14.8% of the shares of China Entertainment Real Estate Company, a total of 740 million shares, and the cost is 740 million yuan."

Li Wendi flipped through the documents, frowned and said, "This amount of stock is still not enough. We need at least 16%. We must join the board of directors of China Entertainment Real Estate Company and become one of them."

"Some people in the market are buying up large quantities of China Entertainment Properties' shares. We can't compete with them. They actually dare to pay a 3% premium and acquire a lot of shares at 1.3 yuan." Zhang Wentao explained with a grim expression.

He also didn't expect that "Cheng Yaojin would show up halfway". If there was no such mastermind behind the scenes, he would definitely be able to absorb about 20% of the stocks.

"Have you found out who it is?" Li Wendi was worried that the other party might be the Chinese Estates Company, or a more powerful opponent.

After all, there is a 'butterfly effect' in this world, but the overall situation will not change.

Zhang Wentao shook his head. "I just discovered it yesterday, and I haven't found out yet."

Li Wendi glanced at Zhang Wentao and said, "They are paying a premium, so we should pay a premium as well. We will do whatever it takes to increase our shareholding to 16%."

"Yes!" said Zhang Wentao.

"Don't forget to find out the identity of the person behind the scenes." Li Wendi reminded. Although he did not have the strength to acquire China Entertainment Properties for the time being, he did not want a strong opponent to appear to snatch it away. If he failed to snatch it away, wouldn't it be a waste of effort?
After Zhang Wentao left, Li Wendi re-examined his interpersonal relationships in his mind. Chinese Estates Holdings was the most suspicious, followed by Hengyao Real Estate Company.

"Who on earth is blocking my way?" he sighed and muttered to himself.

Tuesday, March 11

With only one day left before China Entertainment Properties was to be listed on the stock market (November 11), Zhang Wentao finally increased his shareholding to 15%, spending a considerable amount of money.

Zhang Wentao rushed into the office and reported to Li Wendi, "Boss, I found out who is competing with us to acquire the shares of China Entertainment Real Estate Company."

Li Wendi looked at Zhang Wentao, waiting for him to reveal the answer, and seemed to be saying, "Do you want me to guess?"

Zhang Wentao swallowed and said quickly, "It was the old fellow Chen Fenben. The one in charge of the acquisition was Chen Xingting. They mobilized a large amount of funds. According to the investigation data, they already hold 23% of the shares of China Entertainment Real Estate Company, which is at least 6% higher than ours."

Li Wendi sighed, his face full of helplessness. He couldn't even match the stocks in Chen Fenben's hands, so how could he acquire China Entertainment Properties? However, there was a three-way competition in the board of directors of China Entertainment Properties. He still had a chance to control China Entertainment Properties, but it would take some time for this opportunity to appear.

"What should we do now? Chen Fenben has intervened in this matter, and the situation has become complicated." Zhang Wentao said weakly. He was largely responsible for the current situation.

"What can we do? We can only wait and see what happens in the future." Li Wendi said somewhat dejectedly.

However, an idea emerged in his mind that the Chen family was not a monolithic entity, and Chen Xingzhou had been wanting to take over Hengyao Real Estate Company for a long time.

"You go back to work first. The matter of China Entertainment Real Estate Company has come to an end. I will handle the rest." Li Wendi comforted Zhang Wentao a little.

Since Chen Fenben provoked the trouble, Li Wendi had a reason to fight back. After dealing with the Bao family father and son, it would be his time to fight back. He would also secretly bring Chen Xingzhou along. By then, he might be able to get 23% of the shares of China Entertainment Properties held by Hengyao Real Estate Company. A 40% stake would be enough to defeat the major shareholder.

In fact, Li Wendi felt that the best time to acquire China Entertainment Properties was during the global financial crisis. At that time, China Entertainment Properties was the weakest and the acquisition could be completed at a very low cost.

Unfortunately, Li Wendi's plan was disrupted by the old man Chen Fenben.

(End of this chapter)