"I see, they haven't fully sold their stocks, which should be good news. Lei Juekun nodded, he already knew that these people must be waiting for his offer.

"That's not really good news. Feng Songping said: "Among these people, none of them notified you in advance, which shows that the other party must be huge, although some directors and shareholders of Kowloon Bus want you to pay a high price, but they are not willing to take the initiative to disclose this matter." ”

"Is it possible that Standard Chartered Bank came forward to put pressure?" Lei Juekun asked with some reluctance.

"It's possible, but being able to convince Standard Chartered Bank to come forward shows that the other party is not a simple person. Feng Songping said. In order to make money, banks like to participate in this kind of commercial takeover war, providing funds to one or even both parties, but rarely use their own resources for the sake of the acquisition party.

Lei Juekun nodded and said, "Feng Sheng will prepare the funds for me first, as for who is behind this, I will definitely find out." ”

......

Yuen Long South District, New Territories, Hong Kong, at the entrance of a luxury villa:

As soon as the fat man with a big belly went out, he saw Lei Juekun coming in person, and laughed and said: "Brother Kun, why did you suddenly come to my little brother's house, there are no preparations in this house, so let's do it, I know that there is a restaurant nearby that tastes good, where can we go to have a good meal." ”

After Lei Juekun left the headquarters of Wing Hang Bank, he came directly here to visit the fat man in front of him.

"Fat Shen, I didn't come to you for dinner today. Lei Juekun smiled, took out a cigar from his waist pocket, handed it over and said: "This is the top cigar I got from an old friend in Brazil, there are only 7 cigars in total, I am reluctant to taste it, I will give you a try today." ”

"Haha, Brother Kun still understands me, in addition to eating, drinking, prostituting and gambling in my life, I also have a hobby of smoking cigars. Shen Fat took the cigar, put it in front of his nose, took a deep breath, and showed an obsessive expression.

"Sure enough, it's a good thing. Shen Fatzi came back to his senses and beckoned again: "Brother Kun, please come in." ”

Lei Juekun was not polite and walked in directly.

"Shen Fatzi, I don't have that much time, I think you should know the purpose of my coming here today. As soon as Lei Juekun sat down, he said directly: "Make a price!"

"Brother Kun, life is all about enjoyment, why be in such a hurry?" Shen Fatzi didn't answer directly, took out a lighter, and stretched it out in front of Lei Juekun.

Lei Juekun frowned deeply, put the cigar in his mouth, and placed the cigarette butt on the flame.

"Brazilian goods are authentic, it's been a long time since I've smoked such a refreshing cigar. After taking a deep breath, Shen Fat said with a lot of enjoyment.

"If you like it, I'll prepare dozens of them for you every year in the future, how about it?" Lei Juekun said with a smile.

Shen Fatzi hurriedly waved his hand and refused: "It's not necessary, no matter how good things are, it's not interesting to enjoy them every day, it's better to change them." ”

Lei Juekun nodded and said, "It's not a problem, South America is rich in cigars, I can bring you anything." ”

"That's not bad, then thank you Brother Kun. Shen Fatzi squinted his eyes and said with a smile: "Then we have to talk about business, Brother Kun, you shouldn't know who this person who secretly bought KMB shares is, right?"

Lei Juekun said: "I don't know, but since you didn't notify me in advance, I think even if I asked, you shouldn't say it." ”

"I can't say. Shen Fatzi smiled: "Brother Kun seems to be very sure that I didn't sell the stocks in my hand?"

"I know your personality very well, and I can't just make a casual move without comparing it with many parties.

What's more, the stock in your hand is second only to mine, which is the most important step in this battle, and if you had already made a move, I don't think I would have been the chairman of Kowloon Motor Bus for a long time. Lei Juekun explained.

"So that's the case, I thought Brother Kun would mention the relationship between the two of us?" Shen Fatzi said with a smile, although Kowloon Bus was founded by the Lei family, the elders of the Shen family are also the earliest elders and shareholders, although the Lei and Shen families also have some contradictions, but the friendship over the years is also deep.

"It's not interesting to bring up this kind of thing, and I don't want to waste time with this kind of meaningless thing. Lei Juekun said with a smile.

Shen Fatzi nodded and said, "Okay, since Brother Kun is so happy, I'll say it bluntly, 7 Hong Kong dollars a share, what does Brother Kun think?"

"Yes. Lei Juekun did not hesitate, directly agreed, the Shen family holds 11% of the shares of Kowloon Bus, as long as they acquire it, they have 31% of the company's equity, as long as they invest some cash, they can reach 40% of the equity, so that no matter who the acquirer is, they can attack and retreat.

At present, the share price of Kowloon Bus is about 5 Hong Kong dollars, and it is acquired at 7 Hong Kong dollars, which is 40% more expensive, but the market value of Kowloon Bus is not high, only about 500 million Hong Kong dollars, even if it is a premium acquisition, it only costs 20 or 30 million Hong Kong dollars.

"Brother Kun is just happy. Shen Fatzi still squinted his eyes and said happily, although his Shen family is one of the founders of Kowloon Bus, in fact, the management of the entire Kowloon Bus and the rights of the board of directors are controlled by the Lei family, even he, the second largest shareholder, has no other rights except for the title of director.

It's just that this is nothing, but as a monopoly institution of Hong Kong People's Livelihood, Kowloon Motor Corporation's profit margin is regulated by the Hong Kong government, and its annual net profit shall not be higher than 16%, which also leads to the fact that Kowloon Bus's stock has been very stable, and there is no room for growth at all.

For example, in 1972, the market value of Kowloon Motor Bus was 200 million Hong Kong dollars, which was higher than that of Cheung Kong Asset Company Limited, which was listed that year, which had a market value of only 126 million, but today, 9 years later, the market value of Kowloon Motor Bus is 500 million Hong Kong dollars, and the market value of Cheung Kong has exceeded 5 billion Hong Kong dollars!

Shen Fatzi doesn't understand finance, but he also knows that it is not cost-effective to hold the shares of Kowloon Bus, so he has been trying to make a move, and recently, he has finally waited for the most suitable time.

He had already calculated that the Lei family would definitely fight to keep the Kowloon Bus, not because it was their family business, but because the Kowloon Bus was a golden mountain for Lei Juekun.

For shareholders, Kowloon Bus is not a good investment because profits are restricted, and it can only be said to be relatively stable.

But for a holding family like the Lei family, it is an inexhaustible treasure.

The Kowloon Bus Company needs huge purchases every year, and these orders fall into the hands of Lui Juekun's other companies, and at the same time, KMB's bus advertisements can be used by him, and KMB's route layout can make him a bargaining chip for cooperation with many real estate companies.

These behaviors will inevitably be investigated by shareholders in ordinary listed companies, but they have no impact on Kowloon Bus, which is subject to profit control by the Hong Kong government, as long as the annual profit reaches the highest 16%.

It is to take advantage of this that the Lei Juekun family through its own 100% controlled real estate company, and the Kowloon Bus joint venture to develop many of the latter's land, as long as a small part of the profits are handed over to the Kowloon Bus to ensure a total profit margin of 16%, the rest, of course, was laughed at by Lei Juekun himself.

Lei Juekun smiled: "Okay, I will arrange for someone to prepare the contract, and someone will send the check at the same time." ”

"Okay, the check arrives, and we'll go to the stock exchange to trade it right away. Shen Fatzi smiled with satisfaction.