Hong Kong, Hutchison Building:

"Chairman, there is news from Standard Chartered Bank, Lei Juekun wants to see you. Wang Liming 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 who come to sell the shares. Wang Liming replied: "Either a large number of shares are still in the hands of some shareholders, or some people are waiting for Lei Juekun to quote a higher price, or even waiting for us to raise the price again in order to obtain higher profits." ”

Xu Zhi asked, "Then why did you say that this Lei Juekun didn't continue to follow, but instead sought to see me?"

Wang Liming said: "This Lei Juekun should also be a smart person, knowing that it is impossible to fight hard with us, I guess I want to make some deal this time!"

"Possibly, in that case, let's meet. Xu Zhi said with a smile.

Wang Liming nodded and said, "Okay, then I'll arrange it immediately." ”

......

"Mr. Saidus, Leisheng, please inside. The secretary took Lei Juekun to the chairman's office on the top floor of the Hutchison Building.

"Xu Sheng, long time no see. After seeing Xu Zhi, Edes shook hands politely and smiled: "Let me introduce you, this is Lei Juekun Lei Sheng, 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: "You two, please take a seat." ”

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

Xu Zhi smiled politely: "Please, this is a batch of top-quality coffee that I specially purchased from the Italian illy group." ”

Cedes smiled and tasted it, he had a good relationship with Xu Zhi and had already tried this coffee.

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

Xu Zhi said with a smile: "It's good if Lei Sheng likes it, so be it, I ordered a lot at the beginning, and tomorrow I will arrange someone to send some to Lei Sheng's house." ”

"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 us people, but I didn't expect Xu Sheng to also take a fancy to this traditional bus transportation industry." ”

"From the point of view of the rate of return, the bus is naturally not comparable to the high-tech industry, nor can it be compared to the real estate industry, but it is a solid investment, and it is related to the people's livelihood in Xiangjiang, and the rate of return is relatively stable, so I am naturally interested. Xu Zhi smiled and said, "So I hope Lei Sheng can fulfill me, as for the price, it is definitely not a problem." ”

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

"Speak. Xu Zhi nodded and said.

"There is a question that I am very puzzled about, in terms of scale, the minibus on Hong Kong Island should be larger, why does Xu Sheng take a fancy to my Kowloon Bus?" asked with a smile.

Xu Zhidao: "The current scale of China Bus is indeed stronger than that of Kowloon Bus, but the future development prospects are far inferior, although the housing prices in Hong Kong Island are high, but in fact, there are not many areas that can be developed, leaving little room for China Bus to rise."

On the contrary, I believe that Kowloon and the New Territories will be the focus of the development of Hong Kong in the future.

And from an economic point of view, the people on Hong Kong Island basically belong to the wealthy class, and most of their trips are self-driving, or taxis, and there are not no people who take buses, but the proportion is far less than that of Kowloon.

Although the market value of China Bus exceeds that of KMB, the fundamental reason is that China Bus has some prime locations in many areas of Hong Kong Island. ”

Xu Sheng was really powerful, and he could see the problem of the two bus companies at a glance. Lei Juekun couldn't help laughing.

Xu Zhi shook his head and smiled: "It's nothing, since I want to acquire the company, of course I have to understand the specific situation of the company." ”

Lei Juekun said with a smile: "I now hold 40.3% of the shares of KMB, if Xu Sheng wants to buy it, how about 7.5 Hong Kong dollars per share?"

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

"Xu Sheng, when Bao Yugang acquired Wharf, one share was as high as 105 Hong Kong dollars, and before the acquisition, Wharf's share price was only thirty or forty Hong Kong dollars. Lei Juekun said with a smile: "With a premium of 50%, I can acquire 40% of the shares in my hands at one time, and completely complete the acquisition, whether this price is high or not, I think Xu Sheng should be very clear." ”

"To achieve control of Kowloon Motor Bus, a 49.9% stake is sufficient. Xu Zhi said: "If I buy 40% of Lei Sheng's shares, it will immediately trigger a general takeover bid, I don't think I have to do this, right?"

"Xu Sheng, since you want to buy Kowloon Bus, you naturally have your own business plan for the bus company, and you only need 49% of the shares to control a listed company, but if there is another major shareholder, this will affect the company's operation. Lei Juekun said very calmly.

"What, Lei Sheng is this a threat?" Xu Zhi said, holding 49.9 percent, in a legal sense, does have the right to operate the company, but if there are other major shareholders, especially more than 33.4 percent of the shares, they will also have a veto power.

So in the real sense of absolute control is 66.7%, of course, this huge amount of shares will not exist in listed companies, under normal circumstances, even if you have 30% of the shares, as long as there are no other major shareholders, you basically control the entire company.

Lei Juekun shook his head and smiled: "Xu Sheng, you misunderstood, if Evergrande doesn't buy all my shares, then I will definitely sell these shares in the future, I am worried that someone else will come to disturb Xu Sheng's plan in the future." ”

"7.2 Hong Kong dollars per share, I can buy all the shares in your hands. If Lei Sheng doesn't agree, then let's see the real chapter in the stock market. Xu Zhi quoted the final price.

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

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

"Since Xu Sheng's acquisition of Kowloon Motor Bus is for the bus business, I want to sell the shares and then I will take back some of the land under Kowloon Bus at a suitable price," said Lui. ”

"Yes. Xu Zhi pondered for a moment, but agreed, the land under the Kowloon Motor Company is not a prime location, but the area is relatively large, and it is a very suitable choice for building a residence.

It's just that it's already the end of '81, and the real estate market will start to fall in another half a year, so it's a good choice to sell it at a high price now.

"Okay, then I wish us a happy cooperation. Lei Juekun smiled and said that in the face of the covetousness of the top capital of Hong Kong, he knew that he could not keep it, even if he desperately borrowed money to buy back enough shares, he would be greatly damaged.

Now he can sell his shares at a high price and reclaim the commercial land he values most is enough to make him more profitable.

Xu Zhi nodded and said, "Okay, then we will arrange a lawyer to negotiate tomorrow for the specific situation!"

......