Reborn as a tycoon in Hong Kong

Liao Siren continued: "Mr. Levis, as long as your management cooperates with Mr. Lin to take control of HK Electric, Mr. Lin will definitely not treat you badly after taking over HK Electric."

Lin Baicheng himself also said: "Mr. Levis, the reason why I want to acquire Hong Kong Electric is to encourage Hong Kong Electric to cooperate with Hutchison Whampoa in land development and jointly develop the land held by Hong Kong Electric. As for power development Yes, I am not a professional, and I will definitely listen to the opinions of professionals like you."

"I can assure your management here that as long as your management does not cause significant losses to the company, I will not fire any management. Of course, I will definitely send my close associates to the company's finances, and I will definitely have financial power. To hold it in hand.”

With the financial power in hand, Lin Baicheng, who has the power of personnel, thinks there is no need to worry. After all, if he wants to send people, he will send talents from Hutchison Whampoa. However, he only acquired Hutchison Whampoa at the beginning of the year, and Hutchison Whampoa's talents are not available. Consider him a confidant.

In this case, it would be better to use the original management of Hong Kong Electric first. As long as they don't go against his will and cause heavy losses to the company, then it doesn't matter if he uses them.

"Lin Sheng, although I am the manager of Hong Kong Electric, I can't decide such a big matter with just one word. I need to discuss it with other management. I will convey your intention to them, Lin Sheng. How to decide specifically? It depends on what everyone thinks.”

Levi's knew that Lin Baicheng's sincerity was already great, and he had no possibility of pushing further. He could only force Lin Baicheng to take over HK Electric, and then kick them out of the company after taking control of HK Electric.

"I believe you will make the right choice."

Lin Baicheng smiled when he heard this. Since Levi's did not refute clearly, it means that he is inclined to accept the fact that he has joined HK Electric and will not take the lead in opposing his joining HK Electric. In this way, his move to HK Electric will be much smoother. .

Liao Siren said to Levis at this time: "Mr. Levis, the reason why Mr. Lin asked you out today is because there is something I want to discuss with you."

"Please say."

Levi's was all ears.

Liao Siren said on behalf of Lin Baicheng: "Mr. Lin believes that if all the shares are purchased from the stock market, it will only increase the stock price, and only some shareholders will benefit, which will not do any good to the company. However, if HK Electric carries out a private placement of shares to Mr. Lin, If so, then the money will enter the company's account and be used as the company's development funds, allowing the company to develop faster, which is good for everyone."

If the acquired company has a major shareholder, the private placement of shares will definitely be vetoed by the major shareholder, and it is impossible to succeed, because it will dilute the major shareholder's shares and damage the interests of the major shareholder.

The management and shareholders are different. They do not own shares in the company, and the dilution of their shares has nothing to do with them. However, once the private placement of shares increases the company's funds, their management will be able to develop the company better and receive higher bonuses, which will be beneficial to their management.

Of course, Levi knew that the private placement of shares would be more beneficial to the company, so he said: "If the other management of HK Electric also welcomes you, Lin Sheng, to join HK Electric, I think there should be no problem with the private placement of shares. However, the private placement of shares It is best if the stock price is slightly higher than the closing price of the previous trading day, so that our management can explain to other shareholders that we have not harmed the interests of any shareholder."

Lin Baicheng immediately said after hearing this: "This is no problem. What do you think of the 10% premium?"

"it is ready."

Levi's nodded. If Lin Baicheng is allowed to take over HK Electric, then Lin Baicheng will be the boss of their management in the future. Of course, it is not easy to let the future boss bleed. There is a 10% premium for their management to account to all shareholders. That's it.

A 10% premium is not a problem for Lin Baicheng. After all, if he purchases from the stock market, he must pay a higher premium to buy a large number of shares. The premium at that time is not as small as 10%.

The reason why he is meeting with Levi's now and telling Levi's and HK Electric's management that he wants to acquire HK Electric is because Lin Baicheng has decided to take over HK Electric. Even if the management does not welcome him, he will buy it from the stock market at a high premium. stock, and then took over Hong Kong Electric.

Of course, if the management does not welcome Lin Baicheng to take over HK Electric, or even leaks his acquisition of HK Electric, causing the stock price of HK Electric to be greatly speculated, then Lin Baicheng will dare to sell a large number of the stocks he holds and make money first. Let’s talk about it when we get it.

Lin Baicheng also wanted to make money when he acquired HK Electric. He acquired HK Electric's shares relatively early, and Yum Securities bought it while suppressing the stock price. Therefore, the cost price was a little over 3 Hong Kong dollars, and the cost of a little over 300 million shares was more than 900 million Hong Kong dollars. If Hong Kong Electric's stock price were to be greatly increased, Lin Baicheng would not mind selling all the stocks in his hands to earn hundreds of millions of Hong Kong dollars first.

"Mr. Levis, Mr. Lin will only give your board of directors three days. If a decision cannot be made within three days, Mr. Lin will immediately purchase Hong Kong Electric's shares at a premium from the stock market to avoid third-party intervention."

Liao Siren said aloud that this was what they had discussed, mainly to avoid a takeover war involving a third party competing for control of HK Electric. It's just that he is the one to be the bad guy, and he is the one to say the threatening words.

Levi's glanced at Lin Baicheng when he heard this. After seeing that he didn't express his position, he nodded: "Okay, our management will make a decision within three days."

Lin Baicheng smiled and said: "Mr. Levis, I'm sorry to trouble you. I hope we can work together in the future."

"I also hope to work under Mr. Lam and develop HK Electric."

Levis expressed his attitude by making a gesture of goodwill.

Not long after, Levis said goodbye and left.

Levi's, who returned to Hong Kong Electric, immediately convened a high-level meeting with the management to tell him about Lin Baicheng's meeting with him, and then revealed Lin Baicheng's purpose.

The management of Hong Kong Electric did not expect that their company would be targeted, and they had already acquired a large number of shares and became the company's largest shareholder.

If possible, no one wants to have a boss who can decide whether they stay or go, but they know very well that with Lin Baicheng holding a large number of shares, it will be difficult for them to resist, and the greater chance of resistance is that they will lose their job.

The main reason is that HK Electric's shares are too scattered. If they were a little more concentrated and there were multiple shareholders holding more than 5% of the shares, they could also consider uniting with these shareholders to prevent Lin Baicheng from taking over HK Electric. Now there is no way to unite. Convince a large number of shareholders to support their management within a short period of time.

On Wednesday afternoon, Levi's contacted Lam Baicheng on behalf of HK Electric's management and said that their management had made a decision.