Rebirth of Xiangjiang - 1978

A few days ago, Bao Shaogang might have seriously considered Chen Jiasheng's suggestion.

But now he feels that the major shareholder of Heung Kong Electric should be himself and not Chen Jiasheng.

"Uncle Chen, I have an idea here. I wonder if you are interested in hearing it."

"Master Bao, please tell me."

Chen Jiasheng answered directly without even thinking about it.

"In addition to Land Group's 34.6% stake, we are looking for ways to acquire Heung Kong Electric's shares from other people, so that our shareholding ratio will exceed 50%. By then, we will share these shares 40-60%."

After listening to Bao Shaogang's words, Chen Jiasheng thought at first that he was the one who got 60%.

But even so, he had to seriously consider whether to agree to Bao Shaogang's suggestion.

"Uncle Chen, just think of it as doing me a favor. After a few years, I will transfer all my shares in Xiangjiang Electric to you."

Chen Jiasheng thought to himself that if this was the case, then Bao Shaogang's suggestion could be considered.

Anyway, he is the major shareholder. Even if Bao Shaogang is unwilling to sell his shares to himself, he will not be able to control Xiangjiang Electric.

In the future, I will think of ways to continue to acquire shares in Xiangjiang Electric Lighting in the market. As long as my holding exceeds 50%, there will naturally be nothing to worry about.

"Okay, since Mr. Bao has said this, I will sell you to save face, but let me declare first that my shareholding ratio must be at least more than 30%."

The first half of Chen Jiasheng's sentence made Bao Shaogang happy for less than a second, but the second half of the sentence made Bao Shaogang's face suddenly collapse.

"Uncle Chen is kidding me, aren't you? We agreed on 40-60 points. If your shareholding ratio exceeds 30%, wouldn't you ask me to find the same proportion of shares in the market? This is simply unrealistic."

"Master Bao, what are you talking about? Didn't I get 60%?"

Almost at the same time, both people understood that the other party had misunderstood what they meant.

For a moment, they suddenly became silent, no one spoke, and the atmosphere became very strange.

………………

"Interesting, it's so interesting. I didn't expect Xiangjiang Electric Lighting to attract so many high-quality buyers. Now I'm a little reluctant to sell this company."

Sean never expected that Xiangjiang Electric Lighting, which he had previously regarded as a burden, would suddenly become in demand.

Foden, Chen Jiasheng, and Bao Shaoqiang, these three buyers actually set their sights on Xiangjiang Electric Lighting, which made Sean not sure whether to be happy or sad.

However, Brown on the side was not as hesitant as Sean, because in his view, selling Xiangjiang Electric Light was already an undoubted matter, and there was no need to discuss it further.

The question now is just to see how much money can be made from this business in the end.

"Sir, these are probably the only three companies in Xiangjiang that have the strength and sufficient funds to complete this transaction."

Brown doesn’t think anyone else will jump out besides these three companies.

Sean was just joking. If he really planned to hold Xiangjiang Electric in his hands, those directors would probably hate him to death.

"Don't worry, I have no intention of holding Xiangjiang Electric Light in my hands. The main policy now is to dispose of the non-performing assets on hand as soon as possible and withdraw funds."

Now it's too late to be happy that someone is willing to take over Sean's business. After all, in the current situation, cash is king, and holding a lot of assets will only make you lose money until you die.

After thinking for a while, Sean looked at Brown and ordered.

"I hope that this 34.6% stake can bring us no less than 3.5 billion in revenue."

Originally, when Land Group bought these shares, it spent less than 3 billion.

Now that the economy is in such a slump, Sean still wants to make a fortune from Xiangjiang Electric Lighting. I don’t know what he is thinking.

"Please rest assured, I believe that some of them will be willing to match this price."

If Baoyun International had not intervened, Sean originally planned to sell it at the original price or at a 10% discount.

But now that Baojia has suddenly appeared, Sean will naturally not miss this good opportunity to make money.

Not long after Bao Shaoqiang announced at the board meeting that he planned to acquire Heung Kong Electric, the first round of negotiations between Chen Jiasheng and the Land Group headed by Brown quietly began.

Originally, Chen Jiasheng thought that at this time, if he was willing to buy Xiangjiang Electric Lighting at the original price, the other party would be happy to accept it.

But what he didn't expect was that when he proposed to acquire all the shares of Heung Kong Electric from Land Group at the original price, Brown and other Land executives all laughed out loud.

"Mr. Chen is not joking. It is almost impossible to buy Xiangjiang Electric Lighting at the original price."

Brown smiled and shook his head. He was very confident at this time and was not afraid of Chen Jiasheng lowering the price at all.

Chen Jiasheng seemed to have guessed what the other party would say. He took out all the prepared information, starting with the economic aspect of Hong Kong, and then talking about the recent situation and the future economic situation.

His meaning is actually very simple. If the Land Group does not sell now, the value of these shares will only shrink further and further in their hands.

But it is obvious that Brown disagrees with Chen Jiasheng's statement.

"Mr. Chen, to put it simply, if you want to buy our shares for 3 billion, then I can only say that I am sorry."

Brown shrugged at Chen Jiasheng, showing an expression that didn't deserve a beating.

"Mr. Brown, I believe what I just said..."

Before Chen Jiasheng finished speaking, Brown raised his hand and interrupted what the other party was about to say.

"Mr. Chen, you are not the only buyer of Xiangjiang Electric Light. If you want to make a deal at this price, then I don't think we need to continue talking for the time being.

Brown's confidence comes from Foden and the Bao family, and Chen Jiasheng also knows this very well.

Although this negotiation did not end on bad terms, Chen Jiasheng failed to get anything he wanted.

After leaving the Land Group building and getting into the car, Chen Jiasheng remained silent.

Spending 3 billion to acquire Xiangjiang Electric is already a very risky move for Chen Jiasheng.

Because having to use such a large amount of funds to make acquisitions is bound to have a great impact on Heung Kong Industrial.

What's even more unfortunate is that due to the recent tightening of British capital, he was unable to apply for a loan from the bank to make this acquisition.

For Chen Jiasheng, this is nothing less than bad news that adds insult to injury.

"Go back to the company."

Chen Jiasheng shook his head. He looked a little tired.

Because the acquisition was not progressing smoothly, Chen Jiasheng even thought of stopping altogether.