Reborn Tycoon Rise

Hong Kong, Hutchison Building:

"Chairman, there is news from Standard Chartered Bank. Lei Juekun wants to meet you." Wang Liminghui reported.

"Want to see me." Xu Zhi smiled and said, "How many shares of Kowloon Bus have we acquired?"

"Since yesterday's announcement, we have acquired another 5% of the shares, but now, there are very few people selling shares." Wang Liming replied: "Either a large number of shares are still in the hands of some shareholders, or some people are waiting Lei Juekun quoted a higher price, and even waited for us to raise the price in order to obtain higher profits."

Xu Zhi asked: "Then why do you think Lei Juekun did not continue to follow, but instead sought to see me?"

Wang Liming said: "This Lei Juekun should also be a smart man. He knows that it is impossible to compete with us for funds. I guess he came here to make some kind of deal!"

"It's possible. In that case, let's meet." Xu Zhi said with a smile.

Wang Liming nodded and said: "Okay, then I will make arrangements immediately."

…

"Mr. Sides, Lei Sheng, please come in." The secretary led Lei Juekun to the chairman's office on the top floor of Hutchison Building.

"Xu Sheng, long time no see." After meeting Xu Zhi, Sides shook hands politely and said with a smile: "Let me introduce you, this is Lei Juekun, the chairman of Kowloon Bus.

Lei Sheng, this is Xu Zhi. "

"Of course I have admired Xu Sheng's name for a long time." Lei Juekun also smiled and shook hands.

Xu Zhi smiled and said, "Please sit down, both of you."

After the three of them sat down on the sofa in the reception area, the secretary served three cups of coffee and then exited the office.

Xu Zhi smiled politely and said: "Please, please, this is a batch of top-quality coffee that I specially purchased from Italy's illy group."

Sides smiled and took a sip. He had a good relationship with Xu Zhi and had already tried this kind of coffee.

Lei Juekun also took a small sip and said with a smile: "Xu Sheng, I'm a big guy who doesn't know much about coffee, but this tastes really good."

Xu Zhi said with a smile: "As long as Lei Sheng likes it, let's do that. I ordered more at the beginning. I will arrange for someone to send some to Lei Sheng's home tomorrow."

"Thank you Xu Sheng." Lei Juekun smiled and said: "I have always admired Xu Sheng's business vision. Xu Sheng's entrepreneurial history is very admirable to those of us, but I didn't expect that Xu Sheng also took a fancy to this tradition. bus transport industry.”

"In terms of return rate, the bus is naturally not as good as the high-tech industry or the real estate industry, but it is a solid investment and is related to people's livelihood in Hong Kong. The return rate is also relatively stable. I am naturally interested in this." Xu Zhi smiled and said: "So I hope Lei Sheng can help me. As for the price, it is definitely not a problem."

Lei Juekun naturally didn't believe this, but he still said: "Xu Sheng, if you really want to acquire Kowloon Bus, I can transfer the shares in my hand to you, but there are some conditions that I hope Xu Sheng can agree to."

"Please tell me." Xu Zhi nodded and said.

"I have a question. In terms of scale, the minibuses on Hong Kong Island should be bigger. Why does Xu Sheng like my Kowloon bus?" Lei Juekun asked with a smile.

Xu Zhidao: "The current scale of CMB is indeed stronger than that of Kowloon Bus, but its future development prospects are far inferior. Although housing prices in Hong Kong Island are high, there are not many areas that can actually be developed, leaving CMB to rise. There is not much space left.

Kowloon Bus is just the opposite. I believe that Kowloon and the New Territories will be the focus of the development of the entire Hong Kong in the future.

And from an economic perspective, people on Hong Kong Island basically belong to the wealthy class. Most of their travels are by self-driving or taking taxis. There are some who take buses, but the proportion is far less than that in Kowloon.

Although CMB's scale and market value exceed that of KMB, the fundamental reason is that CMB has some prime land in many areas on Hong Kong Island. Just look at the financial reports of the past few years and you can find that only looking at bus travel, Kowloon The bus is much larger. "

"Xu Sheng is really good. He can see the problems of the two bus companies at a glance." Lei Juekun couldn't help but laugh.

Xu Zhi shook his head and smiled: "It's okay. Since I want to acquire the company, of course I have to understand the specific situation of the company."

Lei Juekun smiled and said: "I currently hold 40.3% of KMB's shares. If Xu Sheng wants to acquire it, how about HK$7.5 per share?"

Xu Zhi shook his head and said: "This price is not cheap. Compared with the previous stock price, it is 50% higher."

"Xu Sheng, when Bao Yugang acquired Wharf, the price per share was as high as 105 Hong Kong dollars. Before the acquisition, the share price of Wharf was only thirty or forty Hong Kong dollars." Lei Juekun said with a smile: "The premium is 50%. I think Xu Sheng should know very well whether the price is high or not."

"To control Kowloon Bus, 49.9% of the shares are enough." Xu Zhi said: "If I acquire 40% of Leisheng's shares, a general tender offer will be triggered immediately. I think I don't have to. ?”

"Xu Sheng, since you want to acquire Kowloon Bus, you naturally have your own business plan for the bus company. Controlling a listed company only requires 49% of the shares, but if there is another major shareholder, this will affect the company. Operated." Lei Juekun said very calmly.

"What, is this a threat from Lei Sheng?" Xu Zhi said. He controls 49.9%. From a legal sense, he does have the right to operate the company, but if there are other major shareholders, especially those with more than 33.4% of the shares, it will also Will have veto power.

So in the true sense, the absolute controlling stake is 66.7%. Of course, such huge shares will not exist in listed companies. Under normal circumstances, even if you own 30% of the shares, as long as there are no other major shareholders, you will basically control it. The entire company.

Lei Juekun shook his head and smiled: "Xu Sheng, you have misunderstood. If Evergrande does not acquire all my shares, then I will definitely sell these shares later. I am worried that others will disturb Xu Sheng's plans in the future."

"For HK$7.2 per share, I can buy all the shares in your hands. If Lei Sheng doesn't agree, then let's see the real deal on the stock market." Xu Zhi reported the final price.

"Okay, Xu Sheng is happy." Lei Juekun said with a smile: "But there is one more thing I want to discuss with Xu Sheng."

"What's the matter?" Xu Zhi asked.

Lei Juekun said: "Since Xu Sheng acquired Kowloon Bus for the bus business, I want to sell the shares and then take back some of the land owned by Kowloon Bus at a suitable price."

"Okay." Xu Zhi thought for a moment and then agreed. The land owned by the Kowloon Bus Company is not in a prime location, but it is relatively large in area. It is a very suitable choice for building residences.

But it's already late 1981, and the real estate market will start to decline in half a year. It's a good idea to sell it at a high price now.

"Okay, then I wish us a happy cooperation." Lei Juekun said with a smile. Faced with the covetousness of Hong Kong's top capital, the Kowloon Bus Company knew that he could not keep it. Even if he desperately borrowed money to buy back enough shares, he would not be able to survive. Will be severely damaged.

Now he can sell his shares at a high price and take back the commercial land he values ​​most. This kind of transaction is enough for him to obtain higher profits.

Xu Zhi nodded and said, "Okay, let's arrange for lawyers to negotiate the specific situation tomorrow!"

…