Reborn as a tycoon in Hong Kong

Chapter 645 Public Acquisition of Telephone Company (2-in-1)

Because Lin Baicheng worked at Galaxy Financial Group, Qin Lan came over to report to Lin Baicheng around 11 o'clock in the morning.

Qin Lan told Lin Baicheng that just about half an hour ago, someone she arranged had acquired 1.7% of the shares from two small shareholders of the telephone company. At present, it is not possible to acquire shares from other small shareholders in a short time. Lin Baicheng's total shareholding is close to 32%, and the time is now ripe for a formal public acquisition.

Lin Baicheng nodded and asked: "Is there still no good news in the offshore company's contact with Jardine Matheson?"

Qin Lan said: "Yes, although Jardine Matheson arranged for people to receive the heads of offshore companies, they only arranged for them to have fun in Xiangjiang and did not discuss acquisitions. I don't know that Jardine Matheson has already reached a deal with HSBC. , or I want to take a closer look."

Lin Baicheng couldn't help but said: "If we can acquire 10% of the shares of the telephone company from Jardine Matheson, then the acquisition of the telephone company will not be a surprise."

"That's true, but we can't be sure what the attitude of Jardine Matheson is now. If it takes too long and waits for Jardine Matheson to sell its shares to HSBC and fall into the hands of Cangjiang Industrial, the variables will be too great. .”

"Currently, Mr. Lin, you have the largest shareholding ratio in the telephone company. However, once Cangjiang Industrial acquires the shares of the telephone company held by Jardine Matheson, and then joins forces with the current controlling party of the telephone company, then their holdings will The shareholding ratio may exceed that of Mr. Lin, and the acquisition war at that time will be impossible without paying a huge price."

Qin Lan was doing analysis, and she felt that there was no benefit in delaying it for too long.

"What you said is not unreasonable. I have also considered it."

Lin Baicheng quite agreed with this, thought for a while and said: "In that case, let's directly announce the acquisition to the outside world and acquire a large number of shares of the telephone company from the stock market premium."

"OK!"

Qin Lan responded, and then asked: "Mr. Lin, regarding the acquisition price, what do you think is appropriate? Also, how many shares are specifically appropriate to acquire?"

"What do you think?"

Lin Baicheng asked rhetorically.

"In terms of the number of shares to be acquired, I think a total of 40% of the shares is enough. As for the acquisition price, in order to avoid variables, it is better to simply acquire it at a high price of HK$8.8. The stock price of HK$8.8 is a market value of HK$1.32 billion. , a premium of almost 20% is not low.”

Qin Lan had thought about it a long time ago, and after special calculations, he felt that such a premium would not be too high, and that he could acquire a sufficient quantity.

"The total share capital of the telephone company is 150 million shares. The shareholding ratio of 40% is still a bit low. For the sake of safety, it is better to buy 4% more. A total of 66 million shares have been acquired. The current difference is more than 18 million shares. .”

"The acquisition price of HK$8.8 is HK$158 million. The premium of about 20% is indeed not low. However, Li Jiacheng of Cangjiang Industrial is eyeing it and must not give him any chance. You can announce the acquisition at a stock price of HK$10, but It’s just over 20 million Hong Kong dollars more. I spent this money to buy peace.”

Lin Baicheng calculated and decided not to give Li Jiacheng any chance, and was even willing to spend more than 20 million Hong Kong dollars for this. He knew very well that once Li Jiacheng was given the opportunity to see the hope of acquiring the telephone company, he would have to fight with him. Once HSBC supported Li Jiacheng, it would indeed be able to give him a fight. At that time, whether it was the acquisition There will be greater losses whether the acquisition succeeds or fails.

Needless to say, the acquisition is successful. With Li Jiacheng as a competitor, the acquisition price of the remaining shares will definitely skyrocket. Doubling it several times is trivial. It will cost at least hundreds of millions of Hong Kong dollars.

If the acquisition fails, although Lin Baicheng's previous investment will not be wasted, a large amount of money will be invested in a company that cannot be controlled. The capital utilization rate is too low, which is a loss in itself.

What's more, Lin Baicheng and Li Jiacheng competed to acquire the telephone company, but Lin Baicheng lost to Li Jiacheng. Lin Baicheng is now the richest man in Hong Kong. His failure will only highlight Li Jiacheng's success and give Li Jiacheng a huge reputation.

Even though reputation seems to be of little use, it is actually not the case. Once reputation reaches a certain level, it is also a resource.

Based on these considerations, Lin Baicheng decided to spend money to buy Ping An and spend more money to acquire the phone company. Furthermore, the success of his acquisition is equivalent to Li Jiacheng's failure. Maybe Li Jiacheng can make some money from the premium acquisition. After all, he has bought a lot of stocks, but the energy he invested previously is not only wasted, but also needs to be paid back. Find new projects for jumbo loans.

For a loan worth hundreds of millions of Hong Kong dollars, if you don't find an investment project with high potential, the interest on the loan will not be a small amount, and you will lose money every day you let it go.

"Mr. Lin, you are acquiring shares at a price of HK$10, a premium of more than 35%. I believe that a large number of investors will choose to sell the shares. We should be able to acquire a sufficient number of shares soon."

Qin Lan didn't object after hearing this, not only because Lin Baicheng's words made sense, but also because the money belonged to Lin Baicheng, the big boss. Lin Baicheng himself didn't care about spending more money, so how could she care.

Nodding, Lin Baicheng suddenly asked: "Will Anyuan be responsible for the stock acquisition?"

Qin Lan responded: "Yes, Manager An is currently purchasing a small amount of telephone company stocks from the stock market, just to avoid attracting the attention of Li Jiacheng, so the amount of purchases every day is not large."

Lin Baicheng said: "I talked to Tianfan this morning. He needs to go on a business trip recently. The sale of Hutchison Whampoa's shares that he is responsible for will be handed over to Anyuan. If you can also leave it to him, I don’t know if he is too busy to come here.”

"I believe that Manager An can arrange it well with his ability."

At this time, Qin Lan would certainly not say anything to question Anyuan's ability, as that would be too offending.

"If he can't even do this, he won't be the manager of Yum Securities."

Lin Baicheng nodded slightly, picked up the phone on his desk, contacted the secretary outside through the internal phone, and asked the secretary to call Anyuan over.

The office of Yum Securities was located in the current Galaxy Financial Building, so it didn't take long for Anyuan to arrive at Lin Baicheng's office.

"Mr. Lin!"

"Come and sit!"

Lin Baicheng waved to him and said, "Has Tianfan told you about the reduction of Hutchison Whampoa's stock holdings?"

Anyuan nodded: "Manager Yuan has already told me, and the handover is currently in progress."

Lin Baicheng: "Except for this matter, the acquisition of the telephone company can enter the next stage. I will publicly acquire the shares of the telephone company and acquire more than 18 million shares at a price of HK$10 per share until the total number is 66 million shares. Until then. The acquisition from the stock market is your responsibility, can you handle it well?"

"Don't worry, Mr. Lin, I will definitely handle this matter."

Anyuan immediately assured that even if it was a difficult matter at this time, he would still have to show his confidence, not to mention that this matter was not difficult to handle. To purchase stocks at a fixed purchase price, he only needs to arrange for someone to go to the exchange to purchase the stocks.

If the stock price of the telephone company is always higher than the acquisition price, it has nothing to do with Anyuan. Anyuan only needs to report to Lin Baicheng. As long as nothing happens during the acquisition process, it has nothing to do with him.

"Since we have decided to make a public acquisition, we should make an announcement at noon and carry out the acquisition when the stock market opens in the afternoon."

With that said, Lin Baicheng turned to Anyuan and said, "The funds for the acquisition will be allocated to you before the market opens in the afternoon. You must arrange for someone to complete the delivery of the stocks."

"yes!"

"If there's nothing else, go ahead and do your work."

"Mr. Lin, I'll go back first."

Anyuan stood up to say goodbye and said hello to Qin Lan before leaving.

After Anyuan left, Lin Baicheng said to Qin Lan: "As for the talents in the investment field, don't forget to look for them and recruit them to Yum Securities. Although Anyuan is one of the first old people to follow me, his ability is indeed If they are not strong enough, recruit some talents to Yum Securities and let them compete. Only those with strong abilities can secure the position of manager."

Lin Baicheng is not the kind of person who wants to take care of the elderly, but he will not delay the development of the company just to take care of the elderly. Instead of recruiting capable talents to join Yum Securities to directly replace Anyuan, we gave Anyuan a chance to compete. This was already taking care of Anyuan.

It is impossible for Lin Baicheng to keep Anyuan as the manager of Yum Securities in order to take care of Anyuan, regardless of Anyuan's ability. This is impossible, not to mention that Anyuan is just an employee under him, even if Anyuan is related to him Neither does relationship.

Qin Lan nodded to express his understanding and explained: "There are not many talents in this field in Xiangjiang. They need to be found slowly. It often takes several years to observe whether this person has real ability. A few investments cannot make a profit." represents what."

"I understand what you mean. I'm just reminding you not to forget this."

Lin Baicheng nodded and said no more. There are many financial talents on Wall Street in the United States, but he is looking for a manager for Yum Securities. Yum Securities' business is mainly in Hong Kong. In the future, it will involve the country and expand to Asia at most, so It is not appropriate to find foreigners from Wall Street as managers.

"I won't forget it. Don't worry, Mr. Lin."

Qin Lan knew that if not only Anyuan, but also her own abilities could not keep up with the development of the big boss, her position might be replaced by others, so she had to continue to study and improve her abilities.

Lin Baicheng then chatted with Qin Lan for a while, and then asked Qin Lan to leave. After doing business for a while, Lin Baicheng went home for dinner.

At 12:30 noon, Qin Lan issued an announcement to the media in the name of Lin Baicheng, bluntly stating that Lin Baicheng's shareholding ratio in the telephone company had reached 31.76%, that is, he held 47.64 million shares of the telephone company and became the largest shareholder of the telephone company.

At the same time, Lin Baicheng will continue to acquire shares of the telephone company at a price of 10 Hong Kong dollars per share, acquiring 66 million shares, which means acquiring another 18.36 million shares. After acquiring 18.36 million shares, he will no longer acquire shares.

This is not the Internet era that will be a few decades later. Whenever there is hot news, reporters using tablets and notebooks to work can directly write articles on the spot using ready-made templates. After writing, they will be sent to leaders or editors for review, and then the news It will appear online in just ten minutes.

But now, even if the newspaper office knows the news, they have to go back to the newspaper office to write the article, and then the newspaper office will arrange for people to go to the printing factory to print it, and then take the newspaper to the newsstand to sell it, and people will not know it until it falls into the hands of the people. It will be a few hours later.

This is a newspaper office with an afternoon paper. Many newspapers only have morning papers or evening papers, and few have both morning and evening papers, let alone newspapers that have morning, noon and evening reports.

Fortunately, Lin Baicheng has Asia Television under his name. Printing newspapers takes time, and sales also take time. With the television station here, it is completely possible to directly broadcast this news.

If the TV station is not broadcasting a program that is difficult to change, then it will broadcast the news in the form of a financial program; if it is difficult to change the program, it will broadcast the news in the form of an insert so that the news appears at the bottom of the TV.

With the TV station here, relevant news can appear in front of the public as soon as possible, but it is hard to say how many people will see it. After all, today is a working day and it is the lunch break. There are not many people watching TV during this time.

Television ratings peak in the evening.

Although it is unknown how many stock investors saw the news after it was reported, some people related to the phone company got the news quickly.

"I didn't expect that Lin Baicheng was also acquiring shares in the telephone company, and he had already acquired so many shares."

Shen Cong was very surprised. With his help, Jardine Matheson had already planned to sell its shares to Cangjiang Industrial, and the price was acceptable to Li Jiacheng. He didn't want to suddenly find out that Lin Baicheng was also acquiring the telephone company, and had already done so. He is the largest shareholder of the telephone company.

Shen Zhou knew that something had happened to the transaction between Jardine Matheson and Cangjiang Industrial, and the transaction could not proceed for the time being. Li Jiacheng needs to communicate. Shen Porridge wants to know whether Li Jiacheng will continue to acquire the telephone company. At the same time, he is not sure whether Jardine Matheson will sell its shares now.

However, before Shen Zhou contacted Li Jiacheng, Li Jiacheng contacted Shen Zhou first and said that he was going to visit him at HSBC. Shen Zhou naturally welcomed him.

Shen Porridge didn't need to think about it to know that what Li Jiacheng was going to say was related to Lin Baicheng's public acquisition of the telephone company, and he himself had to consider how to deal with this matter. If Li Jiacheng insists on continuing to acquire telephone companies, should HSBC give Li Jiacheng support?

Lin Baicheng is clearly planning to acquire the telephone company. If HSBC supports Li Jiacheng, it will definitely hurt Lin Baicheng and affect the cooperative relationship between the two parties. Now Hutchison Whampoa is preparing to acquire Bentley Motors, and HSBC is working hard to become a partner of Bentley Motors. If Lin Baicheng is hated at this time, the cooperation may be in doubt.

But it would be unreasonable not to support Li Jiacheng. After all, Li Jiacheng has borrowed hundreds of millions of Hong Kong dollars from HSBC.

But no matter what, everything has to wait for Li Jiacheng to come over and listen to what Li Jiacheng thinks first. It will not be too late to make a decision then.

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