Chapter 152 Purpose of Acquisition

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"Haha!"

With a burst of chuckles, Li Xuan couldn't help but stroke his forehead and was speechless for a while as he saw the ball flying towards the green fall into the sand pit next to him. Before the start of the game just now, Xu Jiankui complained to him that this Deep Water Bay course was too short and not enjoyable enough, and now he found out that the guy was showing off his skills to him naked.

For a novice like Li Xuan, who has only taken a few swing practice classes, the Deep Water Bay course is really difficult. The greens on each hole are either very small or undulating, and a slight slope on tee off can land in a nearby hazard bunker or go straight off the green.

On the nine-hole course, the three of them had already reached the fifth building, and Li Xuan had not yet been able to hit the green with one stroke. Looking at Li Xuan's rookie watch, Xu Jiankui can finally let out a sulk of losing on the tennis court yesterday.

Li Xuan's ball is the farthest from the hole, so he plays the second shot first. Saving the ball in the bunker is definitely a technical job, and the caddie Li Xuan invited is not low, and he demonstrates it to him every time.

"Little Li Sheng, this bunker is far from the green, you should use an explosive shot!" Stand a little to the left like this, so that the ball is on the inside of the left heel and the clubface is perpendicular to the direction of the target, slightly open!" said the caddie as he demonstrated his swing.

Then Li Xuan took the cue that the other party had selected for him, and contacted him twice before standing on the side of the ball and swinging it according to the method taught by the caddy!

“goodshot!”

As soon as Li Xuan's ball flew up, the experienced caddie had already shouted that it was a good ball.

The ball was in the right direction and flew straight over half of the green. After landing on the ground, he continued to roll forward, and fell directly into the hole amid the exclamations of everyone.

"nicebirdie!" Lin Xinyi snapped his fingers. He gave Li Xuan a thumbs up.

"Balloon!" Li Xuan arched his hand towards everyone, indicating that he was just a coincidence.

The fifth hole is a par three. Li Xuan failed to hit the green on the first shot and fell into the bunker next to him. According to his table on the first few holes, Li Xuan had to play at least three or four more shots to get the hole, but he didn't expect him to send the ball directly into the hole on the green when he made a bunker save on the second shot.

This allowed him to complete the par 3 in just two strokes, and in golf terms, to shoot a birdie.

"Good ball!" Xu Jiankui opened his mouth wide, looking surprised, and after a few seconds, he congratulated Li Xuan slowly.

The moment the golf ball rolled into the hole, Li Xuan felt a trace of joy and excitement from the bottom of his heart. Maybe that's the beauty of golf. Li Xuan felt as if he was starting to fall in love with it.

Perhaps it was this birdie that boosted Li Xuan's swing confidence, and his level in the back four holes was still far from that of Xu Jiankui and Lin Xinyi, two old golfers, but he was able to improve their progress. At least let the other two wait on the side to watch Li Xuan's various saves, and all kinds of greens three putts and four putts.

The fairways at Deep Water Bay are short and flat, so it's not too tiring to walk down a lap. Li Xuan's level slowed down the progress of the trio, and it took everyone more than two hours to complete all nine holes. And Li Xuan won the penultimate place without any suspense with a huge score advantage.

Of course. The game is just an addition, and everyone's interest is still in meeting friends with balls. Li Xuan's poor ball skills gave Xu Jiankui a lot of opportunities to complain, and Li Xuan didn't care, he was a beginner. Horizontal dishes are normal.

Li Xuan's calm attitude won a lot of favor from the other two. Li Xuan's previous image was too profound, a prodigy who had just turned 20 years old and had a net worth of more than 10 billion. Arcade, handheld, computer. No matter what he does, he can make a lot of money, and he feels like the reincarnation of the God of Wealth. This puts a lot of pressure on other people.

Today, there is finally something that "Little Li Sheng" can't have, and the two of them instantly feel that Li Xuan has become real. It used to be high in the clouds. Now it's finally back in the world.

Therefore, Li Xuan's bad ball skills not only did not make Xu Jiankui and Lin Xinyi have any disgust and disdain, but made the relationship between the three more harmonious. After the three of them finished playing, they returned to the clubhouse for a cup of coffee and a nap. Xu Jiankui found an excuse to leave first, leaving room for the two to chat privately.

"Xiao Li Sheng, I already know what you mean! If you are willing to take over Jiahua Bank, I personally support it with both hands!" Lin Xinyi nodded at Li Xuan with a smile, "But the decision on this matter is still with my father and third uncle! I am only responsible for informing them of your intentions, and I dare not guarantee whether it can be done or not!"

Regarding Lin Xinyi's caution, Li Xuan was not surprised at all. He only expressed his sincerity to the Lin family through personal connections. Subsequently, Standard Chartered Bank, the financial adviser of the acquisition, officially sent an intention to the Lin family.

"Xiao Li Sheng, I don't need to hide it from you, the bank management has a lot of opinions about my family, the major shareholder, so my family's control over Jiahua Bank is not high!" Lin Xinyi took a sip of coffee and said unabashedly.

Li Xuan nodded: "I have done some knowledge about Jiahua Bank before, and the current president is Mr. Yang Hongyuan?"

"Yes, he was the president of the bank personally selected by my grandfather when he was alive!" Lin Xinyi said with a wry smile, "I don't deny his ability, Jiahua Bank has been able to develop rapidly, and he has contributed greatly." But my family's financial resources are not enough to support his ambition to develop Jiahua Bank into a first-class Chinese-funded bank!"

With 29 branches and 5.28 billion deposits, the scale of Jiahua Bank can only be regarded as a medium-sized bank in Hong Kong. If you want to expand further, whether you want to buy other banks or continue to open branches yourself, you need to invest a lot of your own money.

The main asset of the Lin family is the equity of Jiahua Bank, and there is no spare energy to give Jiahua a blood transfusion. This is also the fundamental reason why the bank's management has drifted away from the Lin family, the major shareholder.

Li Xuan and Lin Xinyi chatted happily for half an hour before saying goodbye to each other and leaving. After finding out the attitude of the major shareholder Lin Jia, the acquisition of Jiahua Bank officially began.

"Sir Gao, good morning!" Li Xuan walked into the office of Standard Chartered Bank's Taipan.

"Good morning. Li Sheng!" Gao Shidun got up and shook Li Xuan's hand.

After a few words of non-nutritious chat, Li Xuan said his intention straight to the point.

"Sir Gao. Are you interested in taking a stake in Jiahua Bank?"

"Oh?" Gorston looked up in confusion, "Why?"

"I don't have any experience running a bank. Therefore, we hope to invite Standard Chartered Bank as a strategic investor to hold a part of the equity of Jiahua Bank, so that Jiahuatong Guò can cooperate more closely with Standard Chartered Bank and improve its own management level!" Li Xuan said frankly.

"Xiao Li Sheng, this is not a trivial matter, I need to give a detailed argumentation report from the following departments before I can submit this issue to the board of directors for decision!" Gao Shidun said noncommittally.

"Of course, this is just a mention of mine, and I hope to continue to deepen our cooperative relationship!" Li Xuan said with a smile.

The Lin family supports a 75% stake in Jiahua Bank. The remaining 25 percent is in the hands of an American consortium, and Jiahua's management does not appear to be on the side of the majority shareholder. But Li Xuan is not worried about this, the reason why the management of Jiahua Bank is separated from the major shareholders is because the Lin family is not strong enough to support Jiahua Bank's continued expansion.

However, Dongfang Electronics does not have this problem, the total net assets of Jiahua Bank are only 727 million, and Dongfang Electronics has more than 1 billion Hong Kong dollars in cash, which is enough to inject a large amount of capital into the bank in addition to completing the wholly-owned acquisition.

At the same time as the tender offer was made to the Lin family. Li Xuan has also sent someone to interview Mr. Yang Hongyuan, the president of Jiahua Bank. Yang Hongyuan was not disgusted by Dongfang Electronics' intervention, but expressed his support.

But Li Xuan is still ready to leave a way out and invite Standard Chartered to join, which can contain Jiahua's current management. After all, a management with a history of forcing the palace to turn the other cheek to the major shareholder. It was impossible to get Li Xuan's complete trust.

"The Lin family has responded positively to our takeover offer, but the Lin family's asking price is a bit high!" Gao Ston told Li Xuan about the negotiation process.

"Just talk slowly, as long as both sides are sincere. The price can always be negotiated!" Li Xuan said disapprehantly, this kind of negotiation cannot be negotiated once or twice. He wasn't in a hurry.

The development of Dongfang Electronics Company is also one of a kind among Hong Kong industrial enterprises. The cash flow generated by the arcade project alone is enough to support the company's rapid expansion. There is no need to resort to a bank at all.

But for most Hong Kong bosses who invest in industry, it is not so easy. Most of their investment in fixed assets in the process of expansion needs to be supported by bank loans. If banks suddenly tighten monetary policy, many factories in Hong Kong will immediately fall into cash flow difficulties. Banks can take down a thriving business at any time.

That's why, in the eyes of many, HSBC's Taipan has even more influence over Hong Kong than the Governor, and he is the real master of Hong Kong.

With the rapid development of Dongfang Electronics, there are more and more companies around it, and a new term, "Dongfang Department", has begun to appear on the desks of some people.

The hustle and bustle of the world is for profit, and the hustle and bustle of the world is for profit. The reason why these companies gather under the banner of Dongfang Electronics is for profit, because Dongfang Electronics is able to provide a steady stream of production orders.

As more and more enterprises benefit from the rise of Dongfang Electronics, the number of affiliated companies gathered around Dongfang Electronics is also gradually increasing.

But this connection is still very loose, the reason why Li Xuan sold and acquired Jiahua Bank is that he hopes that Tongguò Bank, the God of Wealth in the eyes of most business owners, will be used as a link, and Tongguò will control the credit to secretly guide these enterprises in the direction of the development desired by Dongfang Electronics. (The novel "Rebirth Electronic Empire" will have more fresh content on the official WeChat platform, and there will be a 100% lottery gift for everyone!Open WeChat now, click on the "+" sign in the upper right corner "Add Friends", search for the official account "qdread" and follow, hurry up!) (To be continued......)

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