Rebirth of the Strongest Tycoon
Vol 3 Chapter 1051: Buy cabbage price
Feng Jingxi took a deep breath, stared at Xia Yu, and solemnly expressed his thoughts: "Mr. Xia, after this blow, I know that banks are different from securities companies. I am not a banker, so I hope to be able to Sell Sun Hung Kai Bank to you!"
"In addition to your 30% stake in Jiuding Bank, I now have a 46% stake in Sun Hung Kai Bank and the remaining 24% in the hands of four shareholders."
"I have discussed with them, Sun Hung Kai Bank is now priced at 200 million Hong Kong dollars, and I will sell 24% of the shares held by the four shareholders."
"And I hold 46% of the equity, leaving only 5%, reserve a director seat, and the remaining 41% of the equity can be transferred to you!"
"So you only need to pay 130 million Hong Kong dollars to get a 65% stake in Sun Hung Kai Bank!"
"Although Sun Hung Kai Bank is currently facing a run crisis, I believe that as long as Sun Hung Kai Bank is acquired by Jiuding Bank, the run crisis will be automatically lifted. The price of 130 million Hong Kong dollars is very cheap."
"This is the real reserve price!"
Needless to say, Feng Jingxi, Xia Yu also knows that this price is definitely worth the money.
He didn't expect that Feng Jingxi could really make up his mind to sell him the Sun Hung Kai Bank, which he worked so hard to build by himself.
You know, before Sun Hung Kai Bank was Sun Hung Kai Finance Company, in order to obtain a bank license and Xia Yu's help, Feng Jingxi transferred 30% of the shares to him at a price of 200 million Hong Kong dollars from Sun Hung Kai Finance Company.
After Sun Hung Kai Finance Corporation transformed into Sun Hung Kai Bank, its business has grown by leaps and bounds. After obtaining deposits from depositors, its assets have also skyrocketed, and it has successfully become one of the largest banks. Although the bank is not listed, its valuation easily exceeds HK$1 billion.
Although most of the bank’s assets are now locked up and have lost a lot of money, most of the assets still exist. As long as the broken capital chain is restored and the bank’s assets are revitalized, Sun Hung Kai Bank can still operate well.
"Mr. Feng, are you sure you don't regret it?"
Hearing Xia Yu’s words, Feng Jingxi sighed bitterly and said: “Mr. Xia, Sun Hung Kai Bank is like my son. Saying that he is willing is definitely a lie, but I already know that I’m not a bank. Between bankruptcy and change of ownership, I would rather it change ownership, at least it still exists."
"As for the entire Xiangjiang, Sun Hung Kai Bank can develop the best in your hands. I hope that in a hundred years from now, Sun Hung Kai Bank will continue to exist, even if it is not in my Feng family!"
Xia Yu was silent, he could tell that this was Feng Jingxi's true words.
However, this is not the reason why Feng Jingxi transferred Sun Hung Kai Bank to him at such a low price. There should be other purposes.
Xia Yu asked again: "Mr. Feng, Sun Hung Kai Bank said, what about Sun Hung Kai Securities?"
Feng Jingxi took a deep breath, tried his best to calm down the fluctuating mood, and solemnly said to Xia Yu: "Sun Hung Kai Securities is my lifeblood, and I hope it can survive."
"Although the funds are now locked up and the losses are serious, but its foundation is still there, as long as there is enough funds, it can be revitalized."
"I hope you can inject capital into Sun Hung Kai Securities Company, and now Sun Hung Kai Securities Company buys all the shares of the company that it holds, as long as you need it, you can sell it to you!"
"Other than that, I have no other conditions!"
Xia Yu's heart was a little touched, Feng Jingxi was really digging his heart out with him now, spreading everything out, as if begging for his alms.
The conditions are also very simple and the purpose is very clear. Let Xia Yu become a major shareholder of Sun Hung Kai Securities, and use Xia Yu's prestige to overcome the dilemma faced by Sun Hung Kai Securities.
At the same time, he sold his assets to Xia Yu at a low price to save his life, even if the losses were severe.
Xia Yu looked at Feng Jingxi with a look of vicissitudes, and said with emotion: "Mr. Feng, you are a strong man with a broken arm. Few people can do this for you!"
Feng Jingxi smiled bitterly.
He looked at Xia Yu and confided his own heart: "Mr. Xia, there is no way. I am old and I don’t know how many years I can live. You also know that I have two sons. Not interested, now I'm running to Canada to run a newspaper."
"Fortunately, the second son, Yongxiang, is only 20 years old, but he is also a major in financial investment, and he is also very interested in investment. He also has a certain talent. I am a successor."
"As a father, I have to leave something for my son."
"So when I told you just now, I didn't plan to play any tricks. I directly stated the bottom line and the most real needs. I only hope that you can see the friendship of our old friends. It is also a pity for me. It also allows me to keep the last trace of face in front of my son."
"I don't want to wait for my son to be successful in his studies, but there is no platform for growth and display of abilities, and the father cannot **** him."
This is a great father's love for his son!
Xia Yu looked moved. He remembered that Feng Yongfa, the second son of Feng Jingxi in the previous life, did a lot in the capital market, but he later lost in the fight with Liu Luan, but Feng Yongfa was still considered Xiangjiang's financial tycoon.
Since Feng Jingxi's requirements are so low, and he doesn't have to spend much effort, he can still reap huge benefits.
He could not find a reason not to help.
Therefore, facing Feng Jingxi's expectant and perturbed eyes, Xia Yu nodded and said, "Mr. Feng, I can help with you."
Feng Jingxi looked surprised, he suddenly got up, bowed to Xia Yu, and said gratefully: "Mr. Xia, thank you! Thank you!"
"Hey, Mr. Feng, you don't have to be like this. We just have what we need. I also take a big advantage. You can shame me if you give such a big gift."
Xia Yu quickly helped Feng Jingxi and persuaded.
Feng Jingxi shook his head and said, "No, Mr. Xia, you are helping me. I know very well that if it is someone else, it is very likely that I will fall into trouble again and eat me at a lower price."
Xia Yu also knew that this was indeed possible.
But it's boring to continue entangled, he said to Feng Jingxi: "Mr. Feng, let's go back to the topic just now, when do you need me to take action?"
Feng Jingxi said immediately: "Of course, the sooner the better. If it is convenient now, I will go back and take the equity."
Xia Yu said with a smile: "Every minute you delay, the depositors will withdraw more money. This matter should be done sooner or later, so now, you go back and make preparations. I will also let people prepare for the morning. Quit the run on Sun Hung Kai Bank."
"Ok!"
"Mr. Xia, then I will go back now and bring someone over later."
After speaking, Feng Jingxi left in a hurry.
Xia Yu immediately called Liu Tianci and Wang Qi and asked them to come over.
About half an hour later, Feng Jingxi brought everything, including the current list of assets and liabilities of Sun Hung Kai Securities Company. Obviously, considering that the capital injection of Sun Hung Kai Securities Company had not been discussed in detail, he brought the list to facilitate the determination of the value.
Needless to say, the transactions of Sun Hung Kai Bank directly sign the contract.
Jiuding Bank invested 130 million Hong Kong dollars and obtained 65 percent of the equity.
Adding the 30% of the shares originally held, a total of 95% of the shares of Sun Hung Kai Bank are held, and the remaining 5% remains in Feng Jingxi's hands.
Then there is Sun Hung Kai Securities.
Xia Yu didn't go too far and gave a loose price.
Jiuding Securities Co., Ltd. injected 120 million Hong Kong dollars into Sun Hung Kai Securities Co., and increased its shareholding from 10% to 30%, becoming the second largest shareholder after Feng Jingxi.
As for the asset acquisition, Xia Yu left a detailed list of assets and planned to arrange the acquisition by Jiuding Securities Co., Ltd. after clearing it out. Feng Jingxi has no opinion.
After all the contracts were signed, Feng Jingxi completely entered the camp of Xia Yu Jiuding Consortium.
Then Xia Yu called Yan Wenhan and asked him to send someone to join him.
Because Jiuding Bank, Jiuding Securities, Sun Hung Kai Bank and Sun Hung Kai Securities will jointly hold a press conference ~ www.ltnovel.com~ the protagonists are Liu Tianci, Wang Qi and Feng Jingxi, Xia Yu does not intend to come forward.
At the press conference, Liu Tianci first announced in a high-profile manner that Sun Hung Kai Bank had become a subsidiary of Jiuding Bank, and that the risk of depositors’ funds was guaranteed by Jiuding Bank.
Then Wang Qi announced Jiuding Securities’ capital injection into Sun Hung Kai Securities, and declared that Sun Hung Kai Securities is a very promising securities company, and the stock market crash will not destroy it. He is confident to join forces with Feng Jingxi to build Sun Hung Kai Securities better. .
After the whole press conference, all the reporters who came were as if they had taken stimulants.
Immediately afterwards, the content of the press conference quickly spread throughout Xiangjiang, shaking the whole Xiangjiang.
Many people were shocked at the change of ownership of Sun Hung Kai Bank, but they were also envious of it. At least, Sun Hung Kai Bank did not have to worry about bankruptcy.
The fact is also true.
Knowing that Sun Hung Kai Bank had become a subsidiary of Jiuding Bank, most of the bank's depositors were relieved and gave up withdrawals. The run crisis of Sun Hung Kai Bank was directly lifted.
Investors who demanded back investment funds from Sun Hung Kai Securities and made trouble at the company's door also left.
Jiuding Securities Co., Ltd. of the stock **** has become the major shareholder of Sun Hung Kai Securities. In order not to damage its own interests, the stock **** will not allow Sun Hung Kai Securities to continue to lose money. Even if it loses now, it can definitely turn it over.
Except for investors who were disappointed in Xiangjiang who wanted to bring their capital to emigrate, they insisted on claiming back their investment funds, most investors went home with peace of mind.
The crisis of Sun Hung Kai Securities has also eased by half. .
Feng Jingxi finally showed a relieved smile, thanking her wise move...
ps: The first update is sent. Last night, I finished writing after three o'clock. I will update it in the morning. Ask for a monthly ticket for recommendation!
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