Chapter 169: Imperial Clothing (Subscription Requested, Eighth Update)
With a wave of his sleeves, Rong Le took away the anger and calculations of the Li family, and now this result is already very good, as for the 20 million left to the Li family, it is just the pension money that Rong Le left for him after fighting in Li Xianhai all his life.
In 1978, Xiangjiang, 20 million Hong Kong dollars, this is not a small amount, if Li Xianhai's family, if they do not squander, and then find some stable investment projects, a lifetime of worry-free can be guaranteed!
After returning to the company, Rongle immediately instructed Zhou Weihao to quickly sweep the goods and make every effort to acquire the shares of Jiuhai Garment!
As of the close of the market, Zhou Weihao got back the report that at an average price of 0.7 Hong Kong dollars per share, all the shares that were sold out before were recovered, and an additional 5% of the bulk shares were acquired!
Rong Le took the report and looked at the contents inside, thinking about the gains and losses of this battle.
During the pre-war preparations, he acquired 8.7% of the shares of Jiuhai Garment in Chen Haisheng's hands at a premium of 15%, and Rongle spent about 18 million Hong Kong dollars at the price of 1.8 Hong Kong dollars per share of Jiuhai Garment at that time.
When acquiring 5.5% of the shares of Jiuhai Garment in the hands of Bank of East Asia, Li Chaoren was asked to act as an intermediary, so there was no premium for this acquisition, that is, 9.9 million Hong Kong dollars!
Then there was the 7% stake acquired in the strat-share market, and the average price was 1.9 Hong Kong dollars per share, so it cost 13.3 million Hong Kong dollars.
That is to say, in order to acquire this 21.2% of the shares, Rongle spent a total of 41.2 million Hong Kong dollars, and it was the sale of these 21.2% shares that caused a panic in the stock price of Jiuhai Garment, and the stock price of Jiuhai Garment fell for a while.
In the end, Rongle cashed out 38 million Hong Kong dollars, so calculated, Rongle lost 3.2 million Hong Kong dollars!
Rongle obtained 24.2% of the shares in the hands of the Li brothers, which only cost 9 million Hong Kong dollars, and today acquired 42.6% of the shares in the hands of Li Xianhai and his wife, which also only cost 20 million Hong Kong dollars!
Due to today's large-scale sweep of Rongle, some shareholders already think that someone is ready to make clothing in Jiuhai, so before the market closes, the share price of Jiuhai clothing has risen to 0.9 Hong Kong dollars per share!
That is to say, the market value of Jiuhai Garment is now 90 million Hong Kong dollars, and the 66.8% shares in the hands of the Li family should be about 60 million Hong Kong dollars according to the market value.
In fact, the biggest failure of Li Xianhai's family was not the sharp drop in stock prices, but the fact that they did not have enough cash flow to support them through this difficulty. Because they recently received a huge order from the United States, this order is enough to bring Jiuhai Garment to a higher level, but the United States is particularly strict about on-time delivery, and the liquidated damages are also very high.
At that time, Jiuhai Garment was operating well, and Li Xianhai thought that this was an opportunity for Jiuhai Garment to take off, so he signed the contract without hesitation.
Now that the scandal broke out between the two sons of Jiuhai Garment, coupled with the sharp drop in the stock price of Jiuhai Garment, the original suppliers of Jiuhai Garment have asked for cash statements, and the bank cannot lend money, seeing that the contract on the American side cannot be fulfilled on time, Li Xianhai has to agree to sell the shares of Jiuhai Garment in his hand at a low price!
"Ah Le, how is the situation over there in Xiangjiang?" Chen Yusheng made a call across the ocean.
"It's done, just make a statement from the United States!" Rong Le said with a smile.
"Well, I know, the Li family father and son couldn't have imagined that the company in the United States was simply made up by you, and this time they can be regarded as buying a big lesson!" Chen Yusheng was a little happy on the phone.
His brother-in-law is getting more and more powerful, but the means are a little ....... Anyway, the methods of the yin people are getting more and more ruthless.......
Following!
Although the old sea garment is just an ordinary listed company in Xiangjiang, because in the past two days, whether it is the gossip page or the financial page, the old sea garment has firmly attracted the attention of the people of Xiangjiang, so there are not a few reporters who came this time!
However, when everyone came to the reception of Jiuhai Garment, they did not see the Li family, the owner of Jiuhai Garment, but two young people sitting on the stage.
The reporters were well-informed people, and the two young men looked a little familiar, and they were talking about it while the reception had not even begun.
"Why don't the Li family have any?"
"I don't know, it looks like there's going to be big news today!"
"By the way, the two young people on the stage look a little familiar!"
"Stupid, do you see the one on the left? He is Rong Le, the behind-the-scenes boss of the two companies of Dynasty Records and Dynasty Film and Television, which made a fuss some time ago!
"Which one on the right?"
"The one on the right is called Chen Baixiang, who used to form a band with Alun and opened a garment factory for a while!"
"What, you said he opened a garment factory?
"Ahem, please be quiet, please be quiet!" At this time, the master of ceremonies on the stage knocked on the microphone to remind everyone......
Seeing that everyone was quiet, the master of ceremonies continued to speak: "Now I invite Mr. Rong Le, the chairman of Jiuhai Garment, to speak for everyone!"
"Boom!"
Although everyone knows that there will be big news today, when the master of ceremonies said it in person, it still caused a sensation for everyone!
"Excuse me......"
"Hello Mr. Rong, I'm ......."
"Mr. Rong......."
For a while, the reporters were still waiting for Rong Le's speech here, and they all stood up and wanted to ask their own questions.
"Please be quiet, be quiet, be ......quiet" At this time, the master of ceremonies stood up again to maintain the order of the conference, and Rong Le looked at the reporters in the audience with an expressionless face.
Finally, when the conference was quiet again, Rong Le spoke: "I would like to thank you all for coming, the purpose of holding a press conference today is to tell the majority of Xiangjiang citizens through reporters and friends. Rong's Investment has acquired more than 91% of the shares of Jiuhai Garment Company, so it is hereby announced that Jiuhai Garment has officially delisted, become a wholly-owned subsidiary of Rongshi Investment, and changed its name to Dynasty Garment Company! and announced that Mr. Chen Baixiang will take over as the general manager of Dynasty Garment Company! Thank you!
"Boom!"
The reporters in the venue were completely shocked by Rong Le's words, but they didn't expect Rong Le to be a wholly-owned acquisition of Jiuhai Garment, and at this time they finally knew who was sweeping the shares of Jiuhai Garment yesterday.
What is even more incomprehensible is that the Li family actually gave up the old sea clothes like this! The old sea clothes are based on the foundation of the Xiangjiang River!
"Mr. Rong, can you tell me how you persuaded the Li family to sell you the shares in your hand?"
"Mr. Rong, Mr. Chen Baixiang once failed to run a garment company, why do you still believe him?"
"Mr. Rong, can you tell me how much money you spent on this acquisition of Jiuhai Clothing?"
"Mr. Rong......."
Rong Le sat on the stage, for the mess below, there was no trace of dissatisfaction, just smiled: "As for how our Rong investment bought the shares in the hands of the Li family, this is a trade secret, so I will not take it out and share it with you, as for Mr. Chen Baixiang's ability, I believe very much, and I also believe that Mr. Chen Baixiang can lead the Dynasty Garment Company to a new peak! Well, if there are any specific questions, you can ask Chen Baixiang, the general manager of the Dynasty Garment Company." After speaking, Rong Le stopped speaking, and handed over the entire press conference to Chen Baixiang.
The limelight has been done, and the rest of the details will be handed over to Chen Baixiang!
Don't look at Chen Baixiang smiling at this time, but his heart has already been shocked to the extreme, just last night, Rong Le suddenly found himself and asked if what he said before was counted, and his confused preaching naturally counted, so today he became the general manager of the Dynasty Garment Company.......
Wouldn't it be too child's play.......
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