973 acquired Singapore Technologies & Telecom Media
After Huang Hongnian left, several assistants came in a hurry and said, "Chairman!"
Chen Hui asked, "What happened to Singapore Telecom Media?"
ST Telemedia is a telecommunications and value-added business company that focuses on communications and media services, enterprise services, data centers and emerging technologies.
It is currently valued at about $3 billion! It is not listed because of Temasek Holdings!
It is also one of the largest telecommunications companies in Singapore!
Of course, it is far from comparable to the Singapore Telecom Group, which has almost a monopoly on almost the entire telecommunications industry in Singapore, and Singapore technology and telemedia companies account for a very small share, mainly in the value-added services of telecommunications.
It is the largest service provider of the Singapore Telecom Group!
Chen Hui also asked people to buy this company early!
An assistant respectfully said, "Chairman, we have bought 40% of its shares from four large asset management companies!"
"A total of $1.2 billion was spent!"
The bankrupt Temasek Holdings once controlled 40% of its shares, while Singapore's sovereign wealth fund controlled 40% of it!
The other 20% of the shares are in the hands of some rich people!
After the bankruptcy of Temasek Holdings, the 40% stake in Singapore Telecom Media was auctioned off and sold to some big financial institutions at a low price of US$1 billion!
At that time, Singapore's sovereign wealth fund wanted to compete, but it was due to the lack of funds, and there was no competition with other financial institutions!
Now these shares have been sold to Chen Hui again!
$1.2 billion spent!
After hearing this, Chen Hui nodded with satisfaction, and said, "How are the other rich shareholders connected?" Although it has now acquired 40% of the shares of Singapore Technologies, Telecom & Media Corporation, it can only be on par with Singapore's sovereign wealth fund at the shareholders' meeting, so it is necessary to win over other rich people!
The assistant said respectfully: "Chairman, several major shareholders of Singapore Technology Telecom Media Company are waiting for you in the reception room of Temasek Tower, and I will call them up now!"
In the past, Temasek Holdings and Singapore's sovereign wealth fund controlled a total of 80% of the voice of Singapore's technology and telecommunications media companies, but in order not to publish financial statements, they never chose to go public.
Now he is being co-opted by Chen Hui's camp, saying that after the acquisition of Singapore Technology Telecom Media Company, it will be listed immediately!
Immediately, these rich people decided to defect.
They're going to get Singapore Tech & Media Corporation public!
Five minutes later, five middle-aged men came to Chen Hui's office!
"Mr. Chen!"
They are Benoit Valentine, Bai Shulan, Dilhan, Ferrucci, and Zhang Qimu.
Chen Hui nodded with a smile and said, "Everyone, sit!"
So everyone sat down respectfully on the couch.
After a brief chat, Chen Hui took a sip of tea and said, "You guys are superfluous, I won't say more polite words, which of you is willing to take the helm of Singapore Telecom Media Company for me?"
Chen Hui's domineering gaze, with an extremely fierce imperial momentum, approached everyone, and immediately made everyone restless!
The eyes are too sharp, too dazzling, and the momentum is so majestic that when you look at Chen Hui, you feel as if you are being targeted by a fierce tiger!
That feeling makes people panic and fear!
Everyone, you look at me, I look at you, a little overwhelmed.
Benoit Valentine opened his mouth and did not speak.
Bai Shulan wanted to speak and stopped!
Dilhan sweated on his forehead, waiting for the others to speak!
Ferrucci gasped and bowed his head in silence.
Zhang Qimu wiped the sweat from his forehead and said nervously: "Mr. Chen, you are not talented, and you can be qualified for the position of chairman of Singapore Technologies Telecom Media Company!"
David Teo is the richest man on Forbes' 2013 Singapore Rich List, worth $500 million, but this year his company has a huge funding gap and is in great need of loans, but it is very difficult to get a loan, and bankruptcy is imminent!
He is considering selling a 15 percent stake in Singapore Technologies, Telecommunications & Media, worth $450 million, which could solve his company's cash chain problem by selling only a fraction of it.
However, when Chen Hui said that he could serve as the chairman of Singapore Technologies, Telecommunications & Media, he suddenly had other ideas!
It's better to take charge of a large company with a valuation of $3 billion than your own bankrupt company!
He used to work for Singapore Telecom Media Company for decades, but because of Singapore's sovereign wealth fund and Temasek Holdings, he was unable to take the helm of Singapore Telecom Media Company!
He didn't want to miss the opportunity to take the helm of Singapore Technologies, TM & Media!
Chen Hui looked at the crowd, as long as Zhang Qimu was confident, he said: "Then Mr. Zhang, at the shareholders' meeting of Singapore Technology Telecom Media Company held tonight, you will pull down the Singapore sovereign wealth fund!"
After speaking, Chen Hui said: "You have all worked in Singapore Technologies, Telecom & Media, so go back and serve as executive directors!"
"We have a great time working together!"
Everyone's eyes suddenly lit up and said, "Mr. Chen, happy cooperation!"
···
In the evening, Singapore Technologies & Telemedia held a shareholders' meeting!
The board of directors was re-elected, and Benoit Valentine, Bai Shulan, Dilhan and Ferrugi were appointed as executive directors, while Zhang Qimu was appointed as the chairman of Singapore Technologies, Telecommunications and Media Corporation, and also served as the chief executive officer!
Former CEO and chairman Li Tengjie resigned!
At the same time, a press conference was held: Singapore Telecom Media Company will jointly operate a Tier3 data center with StarHub.
Singapore Technologies, Telecommunications & Media, through its subsidiary STTGDC, has invested S$36.9 million (US$26.9 million) in a joint venture with Starhub to develop a MediaHub data center project.
Singapore Telecom Media will hold a 70% stake in ShineSystems Assets, a joint venture that operates the media hub, while the remainder will be held by Star. Prior to the partnership, ShineSystemsAssets was wholly owned by Star.
MediaHub's data centre is located in a 200-hectare business park developed by Jurong Group in Bona Visda. The six-story building, which is scheduled to open in the fourth quarter of 2014, will provide 21,400 square meters of computer room space.
The STTGDC data center will be a neutral Tier 3 data center and will receive the GoldPlus green building certification. Under the terms of the agreement, StarHub will sublease up to 65% of the total area of the data center facilities.
The move means that MediaHub will be able to benefit from the data centre expertise of Singapore Telecom Media, which will be able to tap into significant data centre capacity to drive its business expansion in Singapore.
This is an effective addition to Singapore's tech telecom media company as its flagship data centre at Telford Lane.
"This partnership provides StarHub with greater financial flexibility, capital allocation and value enhancement, but more importantly a broader scope for growth for its customers in Singapore. Teo Ki Mu, executive chairman of Singapore Technologies Telemedia Corporation, said at a press conference. "This has allowed Singapore Technologies, TM & Media to expand its footprint in the Singapore data center. ”
At the headquarters of Singapore's sovereign wealth fund, Lin Zhaojie angrily threw the teacup on the ground and said angrily: "Call Li Tengjie to my office!"
"Hateful !!"
"Benoit Valentine, Bai Shulan, Dilhan, Ferrucci, Zhang Qimu, these guys actually dare!!"
"If only I had known that I would have mobilized funds to completely privatize Singapore Technologies & Media into a wholly-owned subsidiary!!"
"I didn't think anything like this went wrong!!"
"What the hell is this Li Tengjie doing??"
···
Half an hour later, Li Tengjie came to Lin Zhaojie's office sweating profusely!
"What's going on?" Lin Zhaojie stared at Li Tengjie and asked, "What the hell did you do?"
"Why did Benoit Valentine, Bai Shulan, Dilhan Lam, Ferrucci, and Zhang Qimu take away the management and management rights of Singapore Technology Telecom Media Company?"
"Tell me, why?"
"Ahh
Lin Zhaojie became more and more angry, the front foot lost the Singapore MTR Corporation, and the previous Singapore Technology Telecom Media Company was gone!
Li Tengjie looked nervous and said guiltily: "Mr. Lin, it's all my fault, I don't know what's going on!"
"Benoit Valentine, Bai Shulan, Dilhan, Ferrucci, and Zhang Qimu suddenly made a fuss at the shareholders' meeting, and other financial institutions actually supported them!"
"I'm sorry, it's my dereliction of duty!"
Lin Zhaojie immediately smashed him on the body with the document and scolded: "Waste!"
", now, I don't want to see you!"
Li Tengjie was full of frustration and depression, and left Lin Zhaojie's office in a gloomy manner!
Lin Zhaojie called his assistant again and said, "Let me find out, who is behind Benoit Valentine, Bai Shulan, Di Lan, Fei Luji, and Zhang Qimu!"
Benoit Valentine, Bai Shulan, Dilhan Lam, Ferrucci, and Zhang Qimu used to be senior personnel of Singapore Technology Telecom Media Company, holding a total of 20% of the shares, and they have always wanted to make Singapore Telecom Media Company listed, but Singapore's sovereign wealth fund has not let Singapore Telecom Media Company go public, because the listing is not in their interests!
At the beginning, this group of people left the board of directors, and also left Singapore Technology Telecom Media Company to be a major shareholder of dividends, but they didn't expect to secretly unite together!!
And there are financial institutions that support them!
He's going to see if it's the financial institutions that are having trouble with them!
The assistant immediately said: "Yes, Mr. Lin, I'll go check!!"
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