Reborn Tycoon Rise

Chapter 240 Wharf changes owner (2)

Xu Zhi owns 10% of Wharf shares, a total of 10.2 million shares. At HK$105 per share of Bao Yugang, it would cost a total of HK$1.071 billion.

Because it has been absorbing Wharf stocks for a long time, the average purchase price of all stocks was HK$48, but this time the transaction made a net profit of 598.5 million.

"Thank you Xu Sheng!" After signing the transfer contract, Bao Yugang also breathed a sigh of relief. Now he already holds more than 40% of Wharf shares, and he only needs to acquire a further 9% to achieve controlling interest.

Xu Zhi smiled and said: "Sheng Bao, it's just a transaction. You and I both get what we need."

"Understood, after I successfully acquire Wharf, the Causeway Bay Power Plant land will be transferred to you according to our agreement!" Bao Yugang also understood what Xu Zhi meant.

Time was running out, and Bao Yugang was not in the mood to reminisce about the past. He left a check of HK$1.071 billion and said goodbye.

Hong Kong Building, Hong Kong Central.

Newbijian was in the office with Bao Fuda and others, receiving information collected from everywhere.

"Bao Yugang has returned to Xiangjiang, and those rubbish at the airport don't know!" After receiving a new piece of news, Niubijian became furious.

Bao Fuda frowned and said, "When Bao Yugang returned to Xiangjiang, why did he immediately approach Xu Zhi? Did he want to borrow money from him?"

"It's possible!" Niubijian thought for a while, but didn't think of other possibilities.

Bao Fuda said: "Xu Zhi's financial resources are very terrifying. If he interferes, we must be very careful."

Bao Fuda and others have been operating the Midea game arcade market in the UK. Naturally, they know the profits of this game. After extrapolating the global market, the approximate amount is almost available, especially since Xu Zhi successively acquired Hutchison Whampoa and Hong Kong Electric Group. It has become Yihe's biggest worry, and he is afraid that Land will also become his target.

Niubijian said: "If this is better, one can consume Xu Zhi's funds. On the other hand, Bao Yugang has enough funds, so we can cash out. The most important thing now is to keep the land. With more funds, we can You can also increase capital and purchase land.”

at the same time:

At the Hilton Hotel, Bao Yugang and his son-in-law Wu Guangzheng held a press conference to announce that Longsheng International had acquired 10% of Wharf shares from Evergrande Company and currently holds more than 40% of Wharf shares. In order to protect the interests of the company and family , will purchase an additional 8.5 million shares at a cash price of HK$105 per share, increasing its controlling stake to 49%, and will not trigger a takeover offer.

"Only 8.5 million shares?"

"Bao Yugang already owns 40% of the shares?"

"When did Evergrande have Wharf stocks?"

All reporters at the scene were stunned. All major media outlets immediately searched for phone numbers and contacted their companies or stock exchanges. The information quickly spread in all directions.

Many stock investors immediately became anxious after hearing the news. After the battle between Homeland Milk and Hutchison Whampoa, all stock investors no longer believed in the competition between the two parties and just wanted to settle down. However, Land's proposal of bond-for-share swap made many people confused, fearing that it was another conspiracy, and they waited for so many days just to wait for Bao Yugang's reply.

Now there is an answer. Longfeng International, owned by Pao Yugang, exchanged HK$105 in cash for Wharf shares. This is a great thing, but the problem is that the transaction volume is too small. It only ended with 8.5 million shares. Everyone understands that, Once Bao Yugang obtains enough controlling shares and the battle ends, the stock price will inevitably plummet. In this case, individuals and institutions holding Wharf stocks will naturally be anxious to take action!

In the stock exchange, the acquisition site arranged by Bao Yugang was crowded with people, and everyone was eager to sell their stocks.

"When did Xu Zhi acquire so many Wharf stocks?" Niubijian said with an old face, shocked and angry at the moment.

Bao Fuda said: "This is not important. What is important is that we must sell our shares immediately, otherwise it will be too late!"

"That's right, immediately arrange for people to line up to sell Wharf stocks." After being reminded, Niubijian also responded quickly.

However, after being reminded by Xu Zhi, Bao Yugang had already prepared. Although he was planning to spend nearly 1 billion Hong Kong dollars to acquire Wharf stocks again, it didn't matter whoever bought the stocks, but since they were the same, he couldn't take advantage of the people of Jardine.

Before the press conference, Bao Yugang's men had already arranged the acquisition tables in the stock exchange. At the same time, an S-shaped queuing fence was arranged in front, and several security guards were specially arranged to maintain the procedures. After the acquisition started, no one was allowed to Anyone jumping in line.

Because ordinary shareholders on the scene will immediately prepare to queue up to sell after receiving the news, while people from the Jardine Group or other large institutions must report to the company and only queue up after receiving orders. There is a time lag in between, and Bao Yugang will give priority to purchase. Of course, the stocks of ordinary investors are dominated by large institutions. It is impossible not to trade with them at all, but it can also prevent these people from making too much profit from themselves. After all, it is Bao Yugang’s money. It wasn't brought by the strong wind.

When there is enough cash, investors take out their stocks, and Bao's subsidiary will issue a cash check from HSBC. The acquisition of 8.5 million shares was completed in less than an hour. When Longfeng International announced the completion of the acquisition, a group of investors who were still queuing up immediately rioted. Several security guards almost couldn't maintain the procedure, forcing the stock exchange to issue a request to the stock exchange. The police asked for help and arrested several troublemakers.

The next day, Wharf headquarters:

After Bao Yugang obtained 49% of the shares, he immediately announced a board meeting, and Xu Zhi was also invited.

Niubijian and Bao Fuda walked in with a sullen expression. When they saw Xu Zhi waving to them, they were even more furious. Some time ago, in order to increase their holdings of Wharf stocks, Jardine sold shares of Yiren Professional in the UK. The Kinmen Building was also sold to Chen Songqing. It was originally planned that even if Bao Yugang couldn't compete, he could be forced to buy it at a high price, and the real estate could be cashed out in large quantities.

However, it was unexpected that Xu Zhi had secretly acquired 10% of the shares, and the entire plan of the Jardine Matheson Group was disrupted. Previously, Land already owned 20% of Wharf shares, and in the past few days, almost 5% had been obtained through bond exchange. , but yesterday, only 3% of the shares were sold to the Bao Yugang family, and all the remaining shares were still trapped in their hands.

Because the takeover war is over, Wharf's share price has fallen below HK$70 today, and Land has lost hundreds of millions of Hong Kong dollars as a result.

Bao Yugang's face glowed brightly, and he was naturally very willing to see this opponent who had been fighting on the Wharf board of directors for almost two years. He smiled and said: "Mr. Niubijian, everyone is already aware of the current situation. I think we should just be happy to avoid unnecessary trouble." Embarrassing everyone!”

"Hmph!" Niubijian snorted coldly, but he also agreed. It is inevitable that Bao Yugang will take over the Wharf. In the future, everyone will develop on this one-third of an acre of land in Xiangjiang, and there may be more. Opportunities for cooperation cannot be too tense at this moment, otherwise people will laugh at you if word spreads about it.

The next board meeting was naturally simple. Niubijian very gentlemanly announced his resignation as chairman of the Wharf board of directors and recommended Bao Yugang as the new chairman.

After the meeting, Bao Yugang invited Xu Zhi, Niubijian and Bao Fuda to have lunch and discussed possible future cooperation. After that, Niubijian and other talents were ready to say goodbye and leave.

"Mr. Niubijian, can we talk to you?" Xu Zhi said suddenly.

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