At this moment, Chen Hui's own Sentosa Shengtao Bay seaview villa was leisurely watching the live news.

This is the news of the merger between UOB and Wing Hang Bank.

After the completion of the merger, UOB will have 120 branches and offices, and 31 sub-branches in the Mainland.

Upon completion of UOB's acquisition of Wing Hang Bank, Wing Hang Bank will be renamed "UOB Wing Hang Bank" and adopt a new name and logo for all its outlets in Hong Kong and Macau.

UOB has also announced that it will issue new shares to some of UOB's shareholders, and these shareholders will remain unchanged after UOB's acquisition of Wing Hang Bank.

At the same time, Wing Hang Bank's branches in Heung Kong and Macau began to adopt the new name and logo of "UOB Wing Hang Bank", signifying that Wing Hang Bank has become a subsidiary of UOB, and UOB has been able to further strengthen its presence in Greater China, thereby advancing the bank's Greater China development strategy and achieving higher business growth.

UOB's Chief Executive Officer, Mr Ng Yat Chung, said the acquisition of Wing Hang Bank aims to expand its Greater China platform and help the bank grow its business in Asia.

Mr Wong said that the building is the most important part of the Asian economy, and that Wing Hang Bank's business is concentrated in the coastal area of the 'Zhuhai Delta', while UOB is located further north of the building, which will make UOB's business platform stronger after the acquisition. In addition, Huang Yizhong said that he would not acquire other institutions in the short term.

The acquisition of Wing Hang Bank will enable UOB to further execute its Greater China strategy and accelerate the growth of the bank's wealth management, personal and commercial banking businesses. UOB will achieve this by pooling the resources of its sub-banks, wealth management and asset management subsidiaries (UOB Group), including UOB Hong Kong Branch, UOB Malaysia, UOB Tower, UOB NISP in Indonesia, Bank of Singapore and L&O Money Management Company, as well as Wing Hang Bank and its subsidiaries. ”

Wong Yizhong made a statement to the whole of Asia, announcing his great achievements as CEO of UOB.

is sticking gold on his face, as if he is making a huge contribution!

All parties commented: "There is a successor to Huang Group Medicine!"

"Huang Yizhong is really the top banker among the Chinese, if he doesn't make a move, he will shock Asia!"

"UOB is taking off!"

"Huang's three masters!"

"His grandfather founded UOB, his father expanded UOB, and he, Wong Yick, led UOB to new heights!"

"UOB is not far from the big international banks!"

"Previously, OCBC Bank also said that it would spend a sky-high price to acquire Wing Hang Bank, but I didn't expect UOB to acquire Wing Hang Bank after spending only a small amount of money!"

"DBS Bank previously spent a sky-high price of US$7.2 billion to acquire Indonesia Financial Bank, which is unwise!"

"This Huang Yizhong may become the most successful banker of Chinese history!"

"Yes, it is understood that after the acquisition of Wing Hang Bank and its subsidiaries, the UOB Group's business platform in Greater China has been further expanded, with a total of 120 branches and offices in Hong Kong, Macau, the Mainland of the Building and 'Taiwan'. In the building, the total number of UOB branches will increase from 16 to 31, and its business network will be further expanded to the Pearl River Delta region, an important hub for the building's economic growth.

·· Huang Yizhong looked at Asia's comments with a smug expression, and brought him so many tall hats, which made him a little fluttery. Seeing that his fingers were gently tapping on the tabletop, it was very rhythmic, and there was a satisfied smile on the corner of his mouth.

……

At this time, Chen Hui received a phone call, one from Feng Gang of the Feng family.

After plugging in.

Feng Gang said on the phone: "Chen Shao, the fish has completely taken the bait, this time UOB is none other than you, Huang Yizhong, that idiot, when you step down, I don't know what will happen?"

Chen Hui smiled and said, "I can't regret it!"

"Only afterwards did I know that I was a loser!"

After ending the phone call with Feng Gang, Lian Zhongcheng of the Lian family also called, and after connecting, Lian Zhongcheng said: "Mr. Chen, congratulations, UOB can't run now!"

Chen Hui smiled: "It's still early!"

……

After chatting for a while, he hung up the phone, Chen Hui had a slight smile on the corner of his mouth, and muttered to himself: "Finally go further!"

"UOB and DBS are all in my pocket this time!"

"Huang Yizhong, this stupid risk!"

"Hehe, after a while, I want you to find a place to cry!"

Now Chen Hui secretly controls 70% of Wing Hang Bank's shares, and when UOB's acquisition of Wing Hang Bank is completed, the shares will be redivided, and Chen Hui's 70% stake in Wing Hang Bank will be converted into shares in UOB.

According to the Lien family's report on Lian Chung Seng, after UOB's acquisition of Wing Hang Bank, Chen Hui will secretly control 25% of UOB's shares, surpassing the 15.6% of the Huang family, the largest shareholder of UOB!

But this time, the UOB Ng family and many UOB shareholders have also announced their stake in UOB!

In the end, the Huang family spent US$330 million out of their own pockets to increase their stake in UOB, raising the bank's stake to 18% again.

And this time, the shareholders of UOB who did not increase their holdings of shares have been diluted, and of course, the minority shareholders of Wing Hang Bank are also included!

The major shareholders pit the small shareholders, and the ways of the black small shareholders are endless.

Thinking of this, Chen Hui couldn't help laughing, and at this time, Zhou Tingting came over and asked curiously, "What are you laughing at?"

"Laugh so much!"

"Tell me about you!"

"Look at how happy you are today!"

"Seems to know what's going on!"

Zhou Tingting didn't have a class yesterday, so she came to the seaview villa to accompany Chen Hui, and the two of them were chatting around in the villa last night, and they were crazy.

Zhou Tingting woke up at noon today.

Chen Hui looked at Zhou Tingting who was crawling on his lap, touched her head, and said with a smile: "Of course, it's a matter of major shareholders pit small shareholders."

Zhou Tingting blinked, and said curiously: "What's the pit?", she is just a sophomore studying fashion design, where do she know this, but she just wants to listen to Chen Hui.

So he pulled Chen Hui's sleeve and said, "How did you get it?"

Chen Hui said with a smile: "The first one is no dividends + related party transactions, that is, they will do it together and make the cake bigger and share it together, but the major shareholders have ghosts."

At the stage when the enterprise obtains good performance and is optimistic, the controlling shareholder tells the minority shareholders when the dividend is paid, or we do not pay dividends now, as long as we invest in expanding production, the future capital appreciation will definitely be more than the current dividends.

After the minority shareholders agreed not to pay dividends, the controlling shareholders began to play the trick of transferring property through related party transactions. For example, in order to expand production, it is necessary to purchase a batch of means of production, and at this time, the controlling shareholder will cause the company to initiate unfair and unfair related party transactions with another private company controlled by the company, and the money will be transferred to the private pocket of the controlling shareholder, and the controlling shareholder will only invest a small part of the funds for the company's expansion and reproduction.

This kind of non-dividend + related party transaction is the most common and easiest to operate the capital operation behavior of the black minority shareholders of the controlling shareholder.

This is a kind of short-term capital operation behavior of the controlling shareholder to transfer the company's resources and interests to himself and hollow out the company. ”

When Zhou Tingting heard it, she immediately thought of her father, who seemed to have done the same, his father was once one of the major shareholders of another company, and then which company went bankrupt, his father also made a lot of profits during his period, and sold his shares early before the company collapsed.

She was immediately interested, and said, "What else?"

"After I graduate, I also want to start a business, I will start my own clothing company!"

"I don't want to be cheated then!"

Chen Hui said with a smile: "The second is financial operation, if it is a mortgage and guarantee. For example, Mr. K is the controlling shareholder of Company A, a listed company, and has control over Company A.

Mr. K registered a private company, Company B, in the name of one of his relatives, in which Company K took sole control.

Company B lacked funds for the operation of a promising new project and could not raise funds, so it needed to borrow money from the bank, but because the assets of Company B were not in good condition, Mr. K took advantage of his position as the controlling shareholder of Company A and used his control over the listed company A to make Company A guarantee for the bank loan of Company B. ”

There will be a typical example in the future, that is, the asset condition of 'Easy to use the car' is poor, and if you can't get a bank loan, LeTV will guarantee it, and you will borrow 1.4 billion loans for Yidao in conjunction with Yidao, although it will be "misappropriated by LeTV 1.3 billion" later.

Seeing that Zhou Tingting was nodding seriously, Chen Hui pinched her face and continued: " The third is asset replacement, for example, on the one hand, Mr. K's private company B has a project that looks like it has been exhausted, on the other hand, Mr. K found that the listed company A has a very promising good project, at this time, Mr. K lobbied other shareholders at the shareholders' meeting, saying that there is a company's project is very promising, but there is no capital injection, unable to operate, and we now have a non-main project that is not within the strategic plan that is better to be divested, so the other small shareholders agreed to acquire company B under the condition of information asymmetry and lack of voting rights, and divested the high-quality projects of company A to company B, and the inferior projects of company B to company A, the asset replacement is completed.

Later, Company B took back all its shares and control, completely got rid of the control of Company A, and had no relationship with Company A. Later, the projects that were spun off from Company A and sold to Company B were sold to a large extent, and the inferior projects that Company A had received from Company B quickly died and became a liability of Company A.

Mr. K, the controlling shareholder, completed the infringement of the interests of other minority shareholders and hollowed out the listed company to enrich his own pockets. ”

Zhou Tingting also felt cold in her heart when she heard this, this business competition is really too conspiratorial, but it increased her curiosity even more, and continued to ask: "Tell me about it, I can create my own clothing brand in the future!"

"The mall is really dangerous!"

Chen Hui smiled, what kind of danger is this, and said secretly: "Brother also ordered someone to kidnap the children of the Zheng family of the Honey Consortium!

So Chen Hui continued: "The fourth is risk transfer, that is, the controlling shareholder of a listed company transfers the risk from private holding company B to listed company A to bear the risk, and then transfers the profits that company A should enjoy to company B. Looking at Zhou Tingting with a puzzled face, Chen Hui continued: "For example, Mr. K, the controlling shareholder, led Company A and Company B to jointly invest in the establishment of Company C to operate real estate business.

Company A contributes 80% and Company B contributes 20%, that is, Company A bears 80% of the risk, and bank loans, debt financing, etc. are borne by Company A, but when the business gradually develops and grows, it has developed to a stable period, and there are considerable returns, Mr. K leads Company B to buy most of the shares of Company C held by Company A at a low price, for example, Company A reduces its holdings by 60% and Company B increases its holdings by 60%, so the shareholding ratio of Company A and Company B becomes 20% and 80%. Company B became the controlling shareholder of Company C, i.e. Mr. K became the controlling shareholder of Company C.

In this way, company A bears most of the risks in the early stage of the project, and when it grows large and has considerable benefits in the later stage, it is company B that enjoys most of the benefits. This is another typical way for controlling shareholders to black minority shareholders and hollowing out listed companies. ”

Zhou Tingting finally understood, and immediately kissed Chen Hui a few times, and said: "I want to create my own clothing company now, I want to cheat others, and pit my investors!"

Chen Hui listened to Zhou Tingting's words, and was speechless for a while, and said, "Little girl, you are too tender!"

This time, Chen Hui played a relatively high-end 'big shift'! The minority shareholders of Wing Hang Bank were miserable!

These minority shareholders get nothing, their shares are diluted again, and after the merger of UOB and Wing Hang Bank, the market value of UOB will not be equal to the market value of the previous two banks combined, and the shares held by these minority shareholders will shrink again!

And in the future, he has to be used to help Chen Hui win UOB!

At this time, Zhou Tingting said: "Where am I tender?"

Chen Hui said: "It's so small, it's flat, isn't it tender?"

"At this age, you have to eat more papaya to make up for it!!"

Saying that, Chen Hui smiled evilly again: "However, I can help you develop a second time!"

Saying that, Chen Hui is ready to start moving!

"Don't!:

"You're still here, I'm going to die!" Zhou Tingting hurriedly ran to the bedroom.