731 Nine Billion Acquisition of Innovative Bank
At night, at Repulse Bay Helandao Villa, Lin Haocang lay by the open-air swimming pool, watching the news of Jiangdao, the corners of his mouth rose slightly.
It's good to have a media group under it.
The mysterious rich man in Guangdong Province bought No. 12 Baijia Road, Taiping Shan from Li at a sky-high price of 1.2 billion.
Tut, it seems that in the future, we will acquire more media around the world, and before we get to one place, we will buy a large media and not report any information related to ourselves.
At this time, his phone rang, it was Li Ze, the eldest son of Li Tiancheng, the richest man in Jiangdao, called, after connecting, Lin Haocang asked, "Mr. Li, what's the matter?"
Li Ze smiled on the phone: "Mr. Lin, didn't you say last time that you planned to buy a bank, no, now that a bank has appeared, I don't know if you are interested?"
When the two chatted before, Lin Haocang mentioned that he planned to acquire a small and medium-sized bank in Jiangdao, and he also paid special attention to it, just yesterday the actual controller of a small boss bank in Jiangdao found him and intended to sell 51% of the equity in his hand to their Li family, but he felt that the price was too high, and their Li family did not need such a small bank very much, they needed loans and funds, and they could find their old partners Fenghui Bank, Hengsheng Bank, and Yingda Bank.
In Jiangdao's industry, it is basically saturated, with large banks such as Fenghui Bank, Yingda Bank, Hengsheng Bank, and Bank of East Asia, and other large banks in Jiangdao, which actually occupy not much market share in Jiangdao, and Jiangdao's local small banks occupy less market share under the squeeze of large banks.
The acquisition of such a small bank did not play a big role in their Li family, so he bargained, but the other party was unwilling, so the deal could not be completed.
So he thought that Lin Haocang had told him that he was interested in buying a bank in Jiangdao.
Lin Haocang listened to Li Ze's words, and suddenly his heart moved, it is not bad to buy a small bank.
Last time, Sky Capital spent 5 billion yuan to jointly acquire Yonglong Bank with Hengsheng Bank, becoming the second largest shareholder of Yonglong Bank, controlling 13% of Yonglong Bank's shares.
But Cangqiong Capital doesn't really own a bank, thinking of this, Lin Haocang said: "Mr. Li, of course you're interested, don't sell Guanzi, say, which small bank in Jiangdao?"
On the phone, Li Ze said: "It's Innovation Bank, its boss is Ma Zhaoxiang, he just came to me yesterday and wanted to sell me the equity of Innovation Bank, but the price is a bit high, I bargained a little, he was unwilling, and now it is estimated that he is looking for a buyer everywhere, I don't know if you have any intention to acquire Innovation Bank?"
"If you have the intention to acquire, I will let Ma Zhaoxiang contact you"
When Lin Haocang heard this, he immediately said, "You let him come to me!"
"Okay" After Li Ze chatted with Lin Haocang for a few more words, he ended the call, and then made a call to Ma Zhaoxiang.
The phone was quickly connected, and Ma Zhaoxiang said excitedly on the phone: "Mr. Li, have you thought about it?" Yesterday Li Ze disliked the price was too high, but he didn't expect to call him suddenly today, which made him inexplicably happy.
And Li Ze said straight to the point: "Mr. Ma, I have a friend who is very interested in Innovation Bank, I will call you, you can talk to him!"
Ma Zhaoxiang immediately said: "Okay, Mr. Li, it's troublesome!"
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At this moment, at the Repulse Bay Heland Road Villa, Lin Haocang carefully checked the information of Innovation Bank.
Founded in '48 and listed in '94, its shares were selected as one of the constituent stocks of the then Hengsheng 50 MidCap Index in '96 and are now selected as one of the constituent stocks of the Hang Seng Composite Index Series.
At present, in addition to the head office and 43 local branches in Jiangdao, Innovation Bank also has three branches in Shanshi, Ao Dao and Fan, and two representative offices in Guangzhou and Lushi respectively.
Innovation Bank Limited is principally engaged in the provision of banking and financial services. The Company operates through four business segments. The Corporate and Retail Banking Services segment is engaged in the provision of lending, trade finance, auto credit, consumer credit, time deposits, current and current savings accounts, credit cards and personal wealth management services. The segment also provides fully automated telephone banking and internet banking services. The Financial Markets Business segment is engaged in interbank lending, unified interest rate risk and liquidity management business. The Securities Trading segment is engaged in securities trading, stock brokerage and futures brokerage business. The Other segment is engaged in investment holding, insurance, investment advisory and property investment businesses.
At present, the market value of the innovative bank is 15 billion yuan, and the asset scale is about 100 billion yuan.
It's not bad, Lin Haocang plans to take it down!
At this time, the phone rang, it was an unfamiliar call, Lin Haocang immediately connected, and asked, "That one?"
The person on the phone hurriedly said: "Mr. Lin, hello, my name is Ma Zhaoxiang, I am the chairman of Innovation Bank, I heard Mr. Li say that you are interested in acquiring Innovation Bank..."
"Sorry to bother you at such a late hour"
Lin Haocang smiled after hearing this: "Mr. Ma, tell me your price!" He likes to come directly, and if the price is suitable, he will buy it directly.
On the phone, Ma Zhaoxiang said firmly: "9 billion", his asking price is higher than the market price, because Innovation Bank is his family bank, which has been operating hard for many years, and is an excellent small bank with high-quality assets, but under the squeeze of large banks, the market is gradually shrinking, and it is very difficult for their family bank to develop, so they plan to sell the family bank and let the family transform.
However, the asking price of 9 billion scared off many people.
Lin Haocang listened to this number, thought for a while, and said, "Okay, you can come to the Sky Capital Center tomorrow morning to find me!"
After a brief chat, the call ended.
The next day, August 9th, Monday, at 9 o'clock in the morning, Lin Haocang came to the Sky Capital Center, and Ma Zhaoxiang had been waiting for a long time, looking at Lin Haocang, he said excitedly: "Mr. Lin, early"
I didn't expect the legendary financial wizard to be so young, but he was shocked a lot!
"Mr. Ma, morning" Lin Haocang shook hands with him.
The two exchanged a few words, and went straight to business and signed the equity agreement.
Sky Capital invested 9 billion yuan to acquire Ma Zhaoxiang's 51% stake in Innovation Bank.
This money is from the Finance Department of Sky Capital!
After paying this money, there are 500 million funds left in the Ministry of Finance.
After Ma Zhaoxiang obtained 9 billion funds, he was very excited and invested 1 billion yuan in Sky Capital and became a customer of Sky Capital.
Lin Haocang is also happy with his investment, anyway, the more rich customers, the better, so that Sky Capital's connections in the rich circle will become wider and wider.