Hong Kong's new giants

In the office of New Era Group.

Lin Zuhui said to Yuan Tianfan who was sitting on the sofa: "I plan to acquire CMB and enter the transportation field. What's your best idea?"

Yuan Tianfan thought for a while, and then said: "Purchase the shares first, and detail the poor management and poor service of CMB in the public opinion, especially when it is spread that CMB will expire in 1998. The contract will not be renewed, or how many bus lines will be stripped off by CMB... In this way, it will be convenient for us to secretly purchase; at the same time, it will also give us a good reputation. After all, the public does not like the service and environment of CMB …When the shares are held to a certain level, they will launch a positive acquisition, and the Yan family will definitely not be able to stop the flood of the New Times Group."

He has no resistance to Lin Zuhui's hostile takeover of CMB.For the new generation of chaebols, only through this kind of acquisition can they gain a foothold in Xiangjiang. After all, one radish is one hole.

Lin Zuhui said with satisfaction: "Well, the Yan family must have the fear of 1981 and dare not spend huge sums of money to enter the market. Well, this acquisition will be handled by you."

When Paliburg bought China-Pakistan, the Yan family tried their best to save it and brought in Hsin Cheong Company.But 1981 was the peak of Xiangjiang's economy, and the Yan family spent huge sums of money. However, with the advent of the "Sino-British negotiations", China-Pakistan stocks fell to the bottom, including real estate.

Therefore, the Yan family's vitality was already seriously injured back then. Do they dare to compete this time?

unknown.

Yuan Tianfan nodded, accepted the task gladly, and said: "The second shareholder of CMB is Xinchang Real Estate. I have had a relationship with their boss, and it is not a problem to win their shares. In fact, he is also responsible for the management of the Yan family. Not very satisfied."

Whether they are satisfied or not, it is also true that almost no one dares to intervene in the acquisition of CMB by New Era Group.

Then, Lin Zuhui said: "We should always pay attention to the situation in Brazil. Vale is privatized. We will strive to win 5-10% of the equity."

Don't count on the big head, but the small head is still not to be missed.

When it comes to "big and small heads", Lin Zuhui recalled that in his previous life, the mainland and Japan had completely different methods of acquiring iron ore companies overseas: Japan's shares in overseas iron ore companies were basically less than 10%, and no controlling stake was required. And management rights are only used as investment; this is not the case in the mainland, where they always want to hold shares. As a result, the cakes sent to the door by overseas iron ore companies are all missed by mainland companies because they are not on the same channel.

In the 21st century, when the price of iron ore soared, Japanese companies could accept the price increase of iron ore because of their shareholding; while mainland companies originally had a 'market advantage', and overseas iron ore really hoped to cooperate with the mainland in the early days. The company signed an investment agreement, after all, there is a big market, but because they want to control others, they don't even have shares, and the price of iron ore has risen, so it seems to be very disadvantaged.

It is obviously unrealistic to think of "buyers" overwhelming "sellers". Anyone can see that the demand for steel in the mainland is very large at that time.

Yuan Tianfan said: "Well, Brazil's privatization is in full swing, and Vale's equity may be privatized through auctions, so we have a great chance."

Lin Zuhui nodded and said, "Brazil's privatization is also an opportunity for us. You can report to me if you are optimistic about the project, and then the group decides to invest."

"Ok, no problem!"

As time goes by, Lin Zuhui also hopes to build New Era Group into a huge comprehensive group.Similar to South Korea's Samsung and India's Tata Group, they extend their business to all aspects.

Although Xiangjiang's territory is small, it is more conducive to development because it is backed by the mainland and convenient for overseas expansion.

Finally, Lin Zuhui said: "Xiaomi Technology will be listed at the end of the year. You will host the listing event. New Times Group can subscribe for 15% of the shares and become a member of its board of directors."

Yuan Tianfan suddenly became a little excited. Xiaomi Technology is a technology company. Its VCD and DVD not only sell well in the mainland, but also have a good share overseas; in addition, it can already produce and sell GSM mobile phones, which has become the pride of the Chinese.

For a long time, everyone knew that Xiaomi Technology was founded by Lin Zuhui, but they couldn't figure out what role Lin Zuhui played behind it. Instead, Zou Kaixuan, a "strong woman", became famous and became the head of Xiaomi Technology.

"no problem!"

Lin Zuhui nodded and said, "I'll invite President Zou later, and let's sit down and discuss the issue of shares."

"Um"

With the size of Xiaomi Technology and the peak of the stock market at the end of 1996, there is no problem with a valuation of 300 billion Hong Kong dollars.The key point is that Xiaomi Technology produced excellent products, especially the GSM mobile phone released last year, which surprised everyone at home and abroad. The sales volume was also very good afterwards, which established Xiaomi Technology's position.

Lin Zuhui's private company will probably retain 35% of Xiaomi Technology's listed shares, Zou Kaixuan and New Times Group will each have 15%, and the rest will be public shares.After the listing, the chairman of the board of directors will also be handed over to Zou Kaixuan, and Lin Zuhui will completely become the big boss behind it.

……

Hong Kong's public opinion 'suddenly' broke out a lot of news, such as:

CMB of the Yan family refused to join the Octopus (octopus) smart transportation card experiment developed by Lin Zuhui's Stone Company, which annoyed Lin Zuhui, who was determined to lead the development of Xiangjiang Technology.

Due to poor service and hardware facilities of the Yan family's CMB, the public complained a lot, and the Hong Kong government intends to further reduce its bus routes.

A tabloid even wrote: Lin Zuhui personally came to persuade him, but was kicked out by the Yan family's three siblings and listed as an unwelcome person.

The "Economic Daily" and "Daily Daily" reported the details of the 'Octopus (Octopus) Smart Transportation Card', which was even praised as the world's leading technology that changed the transportation payment, and it was a strong stroke in the history of Xiangjiang technology.

With so much news 'overwhelming', it is obvious that someone is promoting it, and it is Yuan Tianfan who is taking advantage of Lin Zuhui's media.

This approach is played by the Americans the most. For example, when the Wall Street consortium led by Soros in his previous life ransacked Asia, he had the media and foreign banks as his helpers. The media spread rumors, and the foreign banks were direct participants.

Yuan Tianfan's use of the media this time is not considered to be spreading rumors, it is all based on the facts cited.

……

Yan family villa.

The elderly Yan Shikun also noticed the public opinion in the newspaper and called his three children.

"Why did things become so big?" Although Yan Shikun is over 90 years old, even his energy and consciousness are old and faint, but the patriarchal style of the old-fashioned family still makes him very majestic in front of his children.

You know, his eldest daughter, Yan Jieling, is 68 years old this year, and his youngest son, Yan Henry, is also 59 years old, and he still controls him tightly.All because, he is still the chairman of the board of directors of China-Pakistan, and has long been dignified.

Yan Jieling said: "It's all written by the media. You also know that Lin Zuhui is a representative of Xiangjiang, and his every move will be watched by the media. He didn't come to China-Pakistan Company at all. The president of a small company under his group went to China and Pakistan want us to join."

As soon as Yan Shikun heard it, he felt relieved, but he immediately said proudly: "Even if Lin Zuhui came in person, we don't have to be afraid of him. What kind of onion is he? When I was rich, his grandfather was still hungry." !"

In fact, he certainly had some 'fear' of Lin Zuhui in his heart, but his long-term majesty in front of his children did not allow him to be afraid.

"Baba, don't be angry, just leave them alone! China-Pakistan's business is real estate now, and they have the energy to develop buses there!" Yan Jieqiang said flatteringly immediately.

A rich old man will not coax his children. After all, this is related to the core issue of wealth distribution.

Yan Shikun said with a smile: "Yes, you should concentrate on real estate. You see that Xiangjiang's wealth is not from real estate! Just Lin Zuhui, who is also from real estate. What kind of technology is he doing now? Putting gold on his face, he knows how to fool the public. "

The whole family obviously has a limited level. They didn't realize that this public opinion turmoil seemed to be potentially dangerous.

[It’s no wonder that after the millennium in the previous life, China-Pakistan (a real estate company) was almost acquired hostilely by “Yuming Investment”. Although it was a desperate victory, it also shows that China-Pakistan has become the target twice in history, and there is a reason for it.Later, even the Ye family of the Xinchang Group, an ally, challenged the management of China and Pakistan again, and was attacked for the third time. 】

Public opinion was unfavorable to China-Pakistan, so some people sold the shares of China-Pakistan, and Hengchang Holdings took the opportunity to buy the shares secretly.In order to minimize the acquisition cost, Hengchang Holdings did not acquire a large number of stocks every day, so as not to arouse market alert.

Hengchang Holdings did not expect to buy at too low a price, after all, CMB's main business is real estate.In 1996, Xiangjiang's real estate has recovered to the level of the first quarter of 1994, and the transaction volume has become increasingly active.

Because of this, the acquisition of China-Brazil is also a very cost-effective deal, because there are still a lot of land and real estate under its umbrella. Once the real estate booms, the annual profit of China-Brazil will skyrocket.

……

Hsin Cheong Group started with construction. As of the end of 1993, in the half-century history, Hsin Cheong has completed more than [-] projects. Among them, the Airport Tower, Ocean Park, and World Trade Center are world-renowned buildings.Some streets, such as Tsinghua Street, Jianhua Street, and the buildings on the entire street are all built by Xinchang.

The founder is Ye Gengnian, a native of Jiangsu and Zhejiang. He founded Xinchang Construction in the 30s, and later expanded to real estate and investment. Currently, Xinchang Group is presided over by the third generation Ye Weiyi.

Yuan Tianfan came to Xinchang Group and found Ye Weiyi.

He said straight to the point: "Brother Ye, are you satisfied with the current situation of CMB?"

Ye Weiyi was taken aback for a moment, then contacted Yuan Tianfan to find the door, and immediately asked tentatively: "New Times Group wants to acquire China-Pakistan Company?"

Yuan Tianfan said with a smile: "That's right! To be honest, we don't like the assets of CMB, but our boss feels that the bus business of CMB is really bad, which is not conducive to the image of Xiangjiang tourist city, so we decided to Acquired to improve the traffic environment of Xiangjiang."

The point is that Ye Weiyi really believed it. He said with admiration: "Lin Sheng's quality is really admirable. Cyberport is such a good project, and I am willing to let several consortia join in."

Yuan Tianfan was a little stunned, thinking about it carefully, is it really like this?Is it not because the boss is 'angry', but really wants to improve the traffic environment in Xiangjiang?

For a while, Yuan Tianfan blamed himself a little, and he thought the boss was angry—the Yan family had hurt his face by rejecting Stone Company.

Yuan Tianfan said: "Not bad. So I hope you can sell the shares in your hand to us. We are willing to pay a premium of [-]% to buy it!"

With a 40% premium, the market value of CMB is almost HK$30.2 billion (currently HK$[-] billion).

Ye Weiyi suddenly thought about it. He originally wanted to join the New Times Group and form a consortium to acquire China and Brazil. After all, he could cooperate with the New Times Group, which must be profitable; He extinguished this idea because of Qian's trend; moreover, it was more or less obvious that he directly betrayed the Yan family like that.

Of course, it is impossible for him to cooperate with the Yan family, because he will offend Lin Zuhui, the great god. The important thing is, when the time comes, others will buy CMB, so why should he strengthen the repurchase of shares?Obviously, the price was too high, and 1981 was the lesson.

"Okay, the 8.8% premium is very reasonable. I have [-]% of CMB shares in my hand, and I am willing to sell them."

"Thank you so much!"

……

At the end of January, CMB.

Yan Jieling found two younger brothers and asked, "Did you find any abnormalities in the stocks of CMB?"

Yan Jieqiang said with a smile: "It's not normal there. The market has risen by 10% this month, from 10000 points to 11000 points. It is normal for China and Pakistan to increase by about 10%."

Yan Jieling shook her head and said: "However, CMB has a lot of negative news this month, and many investors have dumped CMB stocks, but the stock still rose by 10%, which is about the same as that of blue chip stocks. Obviously, it is very likely to buy CMB stocks. And it’s a big banker!”

The room was silent for a moment, and then the faces of the three siblings changed drastically, as if they had thought of a terrible fact.

Yan Henry turned pale with shock, and said tremblingly, "Is it the New Era Group?"

If it was any other company, the three siblings would not be so shocked, but if it was the New Era Group, it would be a life-or-death situation.The market value of New Era Group has exceeded 3000 billion, accounting for 8.2% of the market value in Hong Kong, and it can definitely be called a giant.

The important thing is that behind the New Times Group is Lin Zuhui, an expert in acquisitions, who has almost never missed a deal.

Yan Jieling immediately said: "Tell Baba quickly, and then we will rush to grab funds from the market... By the way, Xinchang Real Estate needs to be stable, they still have about 9% of the stock. As long as they are stable, we will have 42% of the equity , there is great hope to keep China and Pakistan!"

All of a sudden, the chickens were flying like dogs, and the three siblings hurriedly divided up the work.

……

Yan Jieling left Xinchang Group in a daze, because she never saw Ye Weiyi. It is not difficult to imagine that Xinchang Group sold its stocks, or reached an alliance with New Times Group.

"Should I tell the old man that he is so old, what if he can't accept it?"

Soon, Yan Jieling was shocked again, because the New Era Group could be said to be winning.

As far as he is concerned, the Yan family can spend huge sums of money from the stock market to increase their stock holdings to 51%.

But, can the Yan family afford so much money?Can you afford such a high price?

When he returned to the villa, he found that his father was not there, so he suddenly had a bad feeling.

"Where did I go?" She asked the nanny quickly.

The nanny immediately said: "Miss, Yan Weng was sent to the Sanatorium and Hospital. I don't know what happened. As soon as the Second Young Master came home, Yan Weng was so angry that he couldn't stand it after a while, and then he was sent to the Sanatorium and Hospital. .”

Too bad, Yan Jieling ran out immediately.

If the old man is around, he still has some kindness, although it may not be useful; but if the old man is gone, the three siblings will have nothing to rely on, and they will be in chaos.

Chapter 585 [Vulnerable]

When Hengchang Holdings learned that someone was going to grab the bargaining chips of CMB, it officially put the acquisition on the bright side.

On February 2, Peregrine, the financial company representing Hengchang Holdings, officially announced that Hengchang Holdings will fully acquire CMB at a price of 1 yuan per share (23.5% premium), and Hengchang Holdings currently holds 28% .

In fact, compared with Guo Huonian's Kerry Company, which was launched at about the same time, a hostile takeover of a TVB company, a CMB is nothing.After all, TVB is a star company in Hong Kong, more influential than a listed company with a market value of tens of billions, although it is currently completely defeated by ATV.

However, the New Times Group is behind Hengchang Holdings, and Lin Zuhui is behind the New Times Group; in this way, the public's attention is instantly diverted.

For a time, public opinion was shaken, and citizens competed to discuss it.

"Lin Sheng did a good job. The service of CMB is really bad. After working overtime at night and preparing to get off work, they always don't send a car."

"That's right, the Yan family doesn't care about the bus business at all, and they don't have the original intention of serving them."

"To improve the traffic environment in Xiangjiang, Lin Sheng is simply our idol!"

With rave reviews, Lin Zuhui really doesn't want other real estate developers to have a "slam of notoriety". Xiangjiang's "idol" is not called for nothing.

Of course, there are also counter-arguments:

"The capitalists are so kind. Lin Zuhui has already monopolized Xiangjiang's media communication, clothing retail, real estate construction, etc. Now he just wants to get involved in the bus business!"

However, this kind of malicious speculation is somewhat untenable.

"What you said, since you are the owner of a listed company, of course you have to be responsible for the shareholders, so the New Times Group will definitely make money when it enters the bus field. However, everyone knows how bad the service and hardware of CMB are. Buses and Citybuses are completely incomparable. Therefore, if a large company operates, I believe there will be improvements.”

"That's right, it's impossible to go any further. Lin Sheng is a face-saving person! Besides, Lin Sheng donates more than 5 million Hong Kong dollars every year. Do you think he doesn't care about his reputation?"

In short, positive public opinion is far greater than negative public opinion.

Citizens of Xiangjiang, Ba Jiuyi suffers from it!

The media were very resourceful, and soon got news that the founder of China-Pakistan was overly frightened when he heard that the company was acquired by a hostile takeover, and was admitted to the Sanatorium and Hospital to save his life.

For a while, the Yan family became a joke.

The matter is not over yet. After Hengchang Holdings officially announced the acquisition, China-Brazil workers were dissatisfied with the low wages and planned to strike for two days. They almost made a big mistake for a while.

Then, the China-Pakistan board of directors led by the Yan family did not negotiate with China-Pakistan labor immediately, which was described by the media as a mess.Fortunately, Hengchang Holdings sent high-level executives to mediate, saying that once the acquisition is completed, it is inevitable for CMB employees to raise their salaries.

Hengchang Holdings has even declared "victory" in the media, talking about the new policy after the acquisition of China-Pakistan: buying new buses, improving management systems and employee benefits, introducing the first group, the largest ground transportation organization in the UK, to carry out modern reforms...

Public opinion was in an uproar, feeling that Hengchang Holdings did not take the Yan family seriously at all, and had already declared 'victory'.However, the citizens and the employees of CMB expressed their support for Hengchang Holdings to replace the Yan family and become the owner of Zhonghua Bus Company.

……

Sanatorium and Hospital.

Yan Chengkun regretted it at the beginning. If he had known about it, he would have agreed to the "Octopus" smart card experiment of Lao Shizi, so that even China Bus would not be in crisis.

"How about it? Have you initiated an anti-acquisition? You must keep Zhonghua Bus. That is the country I worked so hard to build."

Yan Jieling faltered and said: "An anti-acquisition requires 8 million Hong Kong dollars in cash, and we won't be able to get it out for a while!"