We're building a super chaebol in Hong Kong
#357 - Five potential shareholders?
"So, Mr. Zhang is interested in my shares. I was actually planning to sell them, which is great news." Mario was both surprised and pleasantly surprised upon hearing Zhang Qizheng's words.
Among the listed companies in Hong Kong, Hong Kong Electric Holdings Limited's stock is considered to be of relatively high quality.
This is because Hong Kong Electric Holdings Limited has not suffered any losses in recent years.
As one of the shareholders of Hong Kong Electric Holdings Limited, Mario holds nearly 5% of the company's shares, which basically allows him to receive dividends of at least one to two million Hong Kong dollars per year, and sometimes three to four million Hong Kong dollars.
Therefore, if he really wanted to sell his shares, he wouldn't have to worry about finding a buyer.
However, the price is a problem. If the price is too high, no one will buy them.
If the price is too low, he wouldn't be willing to sell.
Currently, the total issued shares of Hong Kong Electric Holdings Limited are 630 million, and the recent transaction prices have been fluctuating between HK$5.5 and HK$6.2.
Of course, these price levels of shares have essentially been absorbed by the trading team of Tianyuan Investment Company.
The remaining shares are basically priced above HK$6.5 per share.
Last month, Mario had a discussion with a potential buyer, but the other party was only willing to offer HK$5 per share, which was much lower than what he wanted, so they ultimately did not reach an agreement.
Tianyuan Investment Company is now a well-known and wealthy company in Hong Kong. If Tianyuan Investment Company wants to buy, they might be able to reach an agreement.
"I heard that, besides Mr. Mario, there are several other shareholders who want to sell their shares for cash?" Zhang Qizheng asked with a smile.
"Yes, we all plan to return to our hometowns, but the shares we hold are not affordable for ordinary people. Currently, there are a total of five shareholders who plan to sell their shares," Mario nodded.
"Five shareholders want to sell?" Zhang Qizheng was somewhat surprised after hearing this.
The information he obtained from Su Cheng indicated that four shareholders had plans to sell their shares, and these four shareholders collectively owned 14.96% of the shares.
"Oh, right, there is one shareholder who returned to England to settle down two years ago. He once called to entrust me to find a buyer for him if possible, and he would personally fly to Hong Kong for the transaction after an agreement is reached. Only I know about this matter," Mario said after thinking for a moment.
Zhang Qizheng nodded, understanding why Brother Wu hadn't found this information. The person hadn't released the information at all, so Brother Wu's informants naturally didn't find it.
"Can you help me arrange for the other three shareholders in Hong Kong to come over? If the price is right, I can buy all of your shares," Zhang Qizheng said with a smile.
"Of course," Mario readily agreed.
Mario was naturally very happy to do this. If the deal went through, the other shareholders would owe him a favor.
After all, if Mario made the call, it would be as if he had found the buyer. The fact that the others could successfully sell their shares for cash would be entirely due to Mario's efforts.
"Then, Mr. Mario, please help me contact them now, and it would be best to have them all come over now. Of course, I hope you don't reveal the news to them yet. You are all long-time shareholders of Hong Kong Electric Holdings Limited, and I believe you have a way to get them all here," Zhang Qizheng said.
Before they arrive, it's best not to reveal the news to them, because if it is leaked, the news that Tianyuan Investment Company wants to buy Hong Kong Electric Holdings Limited's shares will surely spread quickly.
Although Mario was surprised by Zhang Qizheng's special request, he agreed. This request was not difficult for him.
There was a telephone in the office. Although Mario wasn't so amazing as to remember the phone numbers of the other three shareholders, it wasn't difficult to find their contact information. As a member of the board of directors of Hong Kong Electric Holdings Limited, he could directly call Hong Kong Electric Holdings Limited and obtain the contact information of the other three.
Soon, after Mario obtained the contact information, he called the other shareholders one by one.
Five minutes later, Mario returned to the reception room.
"It's nothing," Mario waved his hand and said.
"Then let's chat first. I wonder what price Mr. Mario is prepared to sell his Hong Kong Electric Holdings Limited shares for?" Zhang Qizheng asked directly.
"HK$6.5 per share. I don't think this stock price is too expensive," Mario said directly.
Mario's shares actually account for 4.91% of Hong Kong Electric Holdings Limited's shares, nearly 5% of the equity, which is considered to be a shareholder with a relatively large number of shares in Hong Kong Electric Holdings Limited.
The price he offered wasn't very high, which was enough to show that Mario was very sincere in selling.
After all, the shares held by shareholders cannot be compared with retail shares.
The prices for acquiring retail shares are uneven.
Acquiring shares from shareholders can give you a lot of shares at once, which is difficult to do in the stock market in a short period of time.
However, Zhang Qizheng certainly couldn't agree to this price.
"Mr. Mario, according to our understanding, the stock market transaction price of Hong Kong Electric Holdings Limited has basically been between HK$5.5 and HK$6 in the past two or three months. Your asking price is too high, isn't it?" Zhang Qizheng shook his head and smiled.
"Mr. Zhang, you want to buy all of our shares, so you must be planning to become a major shareholder of Hong Kong Electric Holdings Limited, right? If you acquire them in the stock market with great fanfare, you will definitely not be able to complete the acquisition task. Instead, Mr. Zhang can take down the shares in our hands without others knowing. Therefore, I think the price of HK$6.5 is a more appropriate price," Mario said quickly.
"I'm sorry, I don't think Hong Kong Electric Holdings Limited is worth the price of HK$6.5 in the current stock market. If Mr. Mario's asking price must be HK$6.5, then we may not have the opportunity to cooperate, because our boss will definitely not agree to this price. For the boss, it doesn't matter whether he has the shares of Hong Kong Electric Holdings Limited or not.
You should also know our boss, Mr. Su Cheng. When he acquires companies, he likes to privatize them, such as the Su's Group and Hutchison Whampoa, which have been completely privatized by him. However, Hong Kong Electric Holdings Limited is unwilling. This company has many shareholders, and as a publicly listed company providing public services, Hong Kong Electric Holdings Limited cannot be privatized at all. Therefore, in our boss's opinion, the shares of Hong Kong Electric Holdings Limited are dispensable!"
Negotiations will naturally not be completed all at once, so Zhang Qizheng began a lengthy speech.
"Then what price can you offer, Mr. Zhang?" When discussing prices, one will naturally not insist on a single price from the beginning, so Mario had not expected that a deal could be reached with the price of HK$6.5.
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