996 market capitalization broke through $10 billion, acquired InterGen!
At noon, Chen Hui woke up slowly, he had too much fun last night, and the two of them were tossed miserably.
Looking at the miserable appearance of the two of them, there is still a trace of crystal at the corners of their mouths, which looks extremely vivid in the sun!
Chen Hui smiled with satisfaction, got up, and after a brief freshening up, he left Suite 666 of the Ritz-Carlton Hotel.
After returning to Temasek Tower, he had a brief lunch and began his day's work.
Watching the stock price of Singapore Power Holding Group soar, he is very satisfied, after all, Singapore's three major power companies have been integrated together, and at the same time, they have occupied more than 90% of the power market share, and have monopolized the power industry!
It's no wonder that its stock price hasn't risen much!
At the moment, the news media is full of good news, and it is simply a carnival of the stock market!
At this time, Chen Hui's phone rang, and it was Zhang Guoliang, chairman of Singapore Power Holding Group, who called!
After connecting, Zhang Guoliang said excitedly on the phone: "Chen Shao, the listing effect of Singapore Power Holding Group today is very good, and the current stock price has risen by 8%!" As the chairman of Singapore Power Holding Group, he holds 3% of the shares, and his worth has risen by 8% in just one morning!, he is worth more than 25 million US dollars in one morning, and it is currently 385 million US dollars, and in the afternoon, he may be worth more than 400 million US dollars!
Just thinking about him was very excited.
Thinking of this, he couldn't help but say: "Chen Shao, the current market value of Singapore Power Holding Group is already 9.6 billion US dollars, I think that when the afternoon closes, the market value of Singapore Power Holding Group will definitely break through the 10 billion US dollar mark!!"
Under the careful preparation this time, the listing of Singapore Power Holding Group was very successful, and for Chen Hui, the big boss, the market value of the company is one of the most important assessment indicators, which he naturally understands!
At this time, Chen Huifeng said lightly: "Breaking through the market value of $10 billion is just a small problem, don't make a fuss!"
When Zhang Guoliang heard this, he suddenly felt that he was too abrupt, the gap between his level and vision and Chen Hui was really too big, and he immediately said: "Yes, Chen Shao, it's me who is making too much fuss!"
Saying that, he said: "Chen Shao, I plan to buy a power company, and I have already talked about it!", in fact, he has already talked about it, and he is waiting to sign the contract, but he wants to report to Chen Hui, so he said: "This power company is called InterGen!"
Chen Hui said lightly: "Go!"
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Time was passing quickly, and by the end of the afternoon, SPD Holdings' share price had rushed to S$139 per share!
Market capitalization is up to S$13.9 billion (US$10.3 billion)!
The stock price rose by as much as 14.8%!
Southeast Asian stock markets were suddenly stunned!
Asian stock markets are on the rise!
Everyone is making money, and the shareholders are crazy about it!
"Haha, earned, earned, earned!!"
"I made 10% today!!haha!!"
"I also earned 10%!"
"It's good to buy in a heavy position this time!!"
"I should have bought it all!!"
"The S$139 per share seems to be very high, but after a period of adjustment, its share price will continue to rise, and it is a safe thing to break through the S$140 per share!"
"Bullish on S$150 per share!!"
"Maybe it will rise to S$160 per share within a year!"
"It's normal for the market value to double!"
"It's just a trivial matter to double the market value of SPD Holdings!!Haha, I made a profit of 12% today!"
"I made a profit of 13%, and the moment the market opened, I was able to grab a lot of stocks!"
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Lianhe Zaobao: "The stock price of Singapore Power Holding Group soared by about 15% on the first day of listing!
ATV Finance: "The market value of Singapore Power Holding Group's market value of 10 billion US dollars is just the starting point! The money that shareholders make today is just the beginning!"
Xinmin Daily: "The market value of Singapore Power Holding Group will definitely double within a year, and investors can continue to increase their holdings!
Malaysia Finance Network: "S$138 per share is still undervalued, many shareholders who hold shares of Singapore Power Holding Group, investment institutions are reluctant to sell at a high price, resulting in the market Singapore Power Holding Group shares are not enough for shareholders to grab!"
Standard Chartered Investment Bank: "The IPO of Singapore Power Holding Group has been a great success, and we look forward to continuing the in-depth cooperation!"
HSBC: "Optimistic about the prospects of Singapore Power Holding Group, ready to cooperate with it in depth!"
Thailand's CP Group: "We will establish a good strategic partnership with Singapore Power Holding Group!"
Bank of America: "The well-funded Singapore Power Holding Group will start an international M&A boom!"
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Less than five minutes into the market, Singapore Power Holdings Group held a press conference to announce the acquisition of a 50% stake in InterGen for a stake of $1.232 billion.
"The acquisition of InterGen will further increase the pace of Huaneng's internationalisation," said Teo Kwok Leong, Chairman of SPD Holdings, "The power generation companies we invest in have good development prospects around the world, and SPD will make an important contribution to the development of InterGen when it becomes a shareholder of InterGen."
InterGen is a leading global power company, headquartered in Massachusetts, USA, with 12 power plants in five countries on four continents (United Kingdom, Netherlands, Mexico, Australia, Philippines), 8,146,000 kilowatts of installed capacity and 6,312,000 kilowatts of attributable installed capacity, nearly 90% of which are clean and efficient natural gas combined cycle generator sets (NGCCs), and several power projects under development.
ATV News Network said: "Through this acquisition, SPD has strengthened its main power generation business strength and the operation capacity of the international competitive market, and significantly increased the proportion of clean energy, which has created favorable conditions for SPD to adjust its power supply structure and achieve green development in the future."
Bill Turris, President of GMR Group, said: "For InterGen, the strong and experienced SPD Group as its majority shareholder will also make an important contribution to its development."
Headquartered in Bangalore, GMR Group is a global infrastructure industry giant with interests in airports, energy, highways and urban infrastructure, and has successfully built a portfolio of high-quality assets using a public-private partnership model. In addition to the shares of InterGen that were sold this time, the company has 14 power projects, of which 3 are in the operational stage (808 MW) and 11 (8,448 MW) are in various stages of implementation.
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The major media have been shocked here!!
"The share price of Singapore Power Holding Group will rise sharply in the future!!"
"Buy!!"
"Buy!!"
"Buy!!
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Chen Hui is very satisfied with this scene, he secretly holds a total of 30% of the shares of Singapore Power Holding Group, and the current market value is as high as 10.3 billion US dollars!
Now those shares are worth about $3.1 billion!
Spent $2.8 billion in costs, adding about $300 million!
Not bad!
And Singapore Power Holdings Group acquired InterGen!
A new member has been added again!
Let Singapore Power Holdings Group have a new subsidiary in Massachusetts, USA!
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