After a while, Chen Hui looked at the trend chart of spot gold, he now holds a total of 600,000 short positions of spot gold, and the current spot gold is fluctuating near the 1325.0 position, the trading volume is not large, and the amplitude of the shock is relatively small, or it is inconvenient to eat!

At this time, several assistants walked into the chairman's office and hurriedly said respectfully: "Chairman!"

Chen Hui wrenched his sour fingers and said, "Say!" During this time, his assistants were constantly busy, arranging various acquisitions!

"Chairman, we have acquired 40% of the shares of ST Engineering!"

Ranked 1430th in the Global 2000 companies, with annual sales of $5.3 billion and net profit of $500 million, the asset size is $6.9 billion and the market value is $9.5 billion!

Its market capitalization is much higher than the size of its assets!

These days, they have bought a total of 40% of the shares from the stock market and financial institutions, but they have spent $4 billion!

ST Engineering is a company led by Temasek Holdings, which holds 20% of ST Engineering's shares and Singapore's sovereign wealth fund holds 31% of the shares, and the two jointly control the board of directors of ST Engineering, which is under Temasek Holdings, but after the bankruptcy of Temasek Holdings, the 20% of the shares were lost and taken by some financial investment institutions in Asia at a low price!

Bank of America holds a 6 percent stake, Thailand's CP Group holds a 4 percent stake and then resold it to Chen Hui's people, while HSBC holds a 5 percent stake and also resold it to Chen Hui's people.

It is 15% in total!

These days, they bought it at the market price, and they also bought another 10% in the hands of some financial investment institutions in Singapore, Malaysia, Indonesia, Xiangjiang, and Myanmar

In addition, I bought another 5% from some of the world's largest asset management companies!

A total of 30% of the shares!

Then they quietly absorbed the shares of Xinke Engineering on the stock market, and as of today, they have absorbed a total of 10% of the shares, which has made the stock price of Xinke Engineering rise a lot, and the market value has also risen to 9.5 billion US dollars!

That's a total of 40% of the shares!

Thinking of this, the assistant hurriedly said, "Chairman, a total of $4 billion was spent this time!", every acquisition is made by Standard Chartered Group first, and then the chairman pays the fee, which is easy to operate, after all, some offshore companies operate in secret. The equity is scattered in these offshore companies, which is equivalent to many large retail investors in the stock market, or financial institutions holding shares!

The percentage of shares held by each offshore company is very small, but when it adds up, it is very large!

"Well, it's very good!" Chen Hui nodded, this price is not high!

ST Engineering is the abbreviation of Singapore Technology Engineering Limited, it was established in 1997, headquartered in Singapore, is one of the largest companies listed on the Singapore Stock Exchange, and one of the largest defense and engineering group companies in Asia, as a global integrated engineering group, its business scope covers aerospace, electronics, land systems and maritime fields, its multi-disciplinary business enables it to provide integrated engineering solutions to customers in more than 70 countries!

In the future, some military orders from the 'Sky' organization can also be given to Singapore Technologies & Engineers Ltd!

Today's Singapore Navy, Army and Air Force place a strong emphasis on stable and regular investment, replacement of old equipment and continuous upgrading of existing equipment.

These upgrades are usually done in conjunction with R&D support from government research institutes and projects from local defense companies such as Singapore Technologies & Engineering Limited, one of Asia's largest defense and engineering conglomerates!!

This ST project is one of the largest military suppliers in Singapore!

Hang or not?

It's naturally very hanging!

The orders for ST Engineering are very stable, from the Singapore military official!

To put it simply, the Ministry of Defense gives orders to Xinke Engineering, which is basically a business that makes money without losing money, unless there are very few orders given, otherwise Xinke Engineering will not lose money!

Don't look at the annual sales of 5.3 billion US dollars, the net profit of 500 million US dollars, and the asset size is only 6.9 billion US dollars, but its market value is 9.5 billion US dollars!!

With more than 20,000 employees in 42 cities in 24 countries around the world, it provides basic and comprehensive support and services around the clock for the four strategic businesses of aerospace, electronics, land systems and maritime, and is one of the world's leading commercial enterprises and defense army service providers!

For Xinke Engineering, one of Asia's largest defense and engineering group companies, Chen Hui is naturally happy to see it!

He immediately paid $4 billion, and after paying the $4 billion, Chen Hui had $40.7 billion left in his personal bank account!

After thinking about it, Chen Hui said: "How many shareholders have you attracted to you?"

At present, ST Engineering is still controlled by Singapore's sovereign fund, although Chen Hui secretly holds 40% of the shares, but it is still very difficult to pull down Singapore's sovereign fund!

After all, Singapore's sovereign wealth fund is also the second largest shareholder of ST Engineering!

The assistant said at this time: "Chairman, at present, we are only trying to win over 5% of the shareholders! It may take some time to win over more shareholders!"

They can buy almost all the shares in their hands, and all the shares they can win over, but it still doesn't exceed 50%!

Chen Hui's face sank, it seems that he can only slowly understand the company of Xinke Engineering, and it is still very difficult to win the absolute right to speak, but Chen Hui is not reconciled, and said directly: "Are there any other large institutions that hold shares in Xinke Engineering that are ready to sell their shares?"

The assistant thought for a while and said, "Chairman, Dongying's SoftBank Group holds 7% of the shares of Xinke Engineering, but they are asking for $700 million!"

Chen Hui said: "Then give them 700 million US dollars!".

The assistant hurriedly said, "Chairman, I'll contact the people of SoftBank Group!" I had been negotiating with SoftBank Group before, but the other party was biting the price, and they couldn't make up their minds.

Chen Hui said: "As soon as possible!" If you count the 5% shareholders who have been wooed, plus the 7% shares of SoftBank Group, then a total of 52% of the shares, you can definitely control the shareholders' meeting of Xinke Engineering!

The assistant said: "Yes, chairman, I think we can finalize it in the evening!"

With that, he hurriedly left Chen Hui's office.

At this time, another assistant said, "One of the major shareholders of ST Engineering has arrived at Temasek Tower, would you like to meet him?" This major shareholder holds 3% of the shares of ST Engineering, and is one of the major shareholders they have wooed.