Chapter 675: Mountain People Have Their Own Tricks

Putting the information she had just collected in front of Fu Zhengyi, Ke Yayuan sighed. Pen, fun, pavilion www. biquge。 info "Boss, why are you so impulsive?"

"That's right, some time ago, my cousin and Brother Wu were angry with me, I finally went to France for a vacation, adjusted my mood, just returned to school and met this kind of superb second ancestor, even Mu Tianfeng, the authentic second ancestor, is not a river water with me, but that bastard thing is so arrogant because his father is the chairman of a listed company, how can I get it?"

"Anyway, you are reasonable, I can tell you, you have been in numerology in the past two years, but you are 'unfavorable for the passing year', even if you don't cause trouble, you have to take the initiative to provoke your ......"

Hearing the word 'numerology', Fu Zhengyi couldn't help but be stunned, and he actually remembered the 'sign' he had drawn with Li Xueyao before he got married in his previous life, and couldn't help but be annoyed. "Come on! My numerology has been a 'bad year' for the first half of my life, so I should have wiped my neck and reincarnated again......

Ke Yayuan snorted and hurriedly covered her mouth. "Yo, do you believe that?"

Fu Zhengyi was reluctant to continue on this topic, so he picked up the thick information she had in front of him and said with a headache. "Gotta get it done! Get down to business! How can I look at such a thick amount of information, you can work hard and tell me the general situation first......

"Galaxy Electronics Group's Galaxy shares were publicly listed five years ago, belonging to Sino-foreign joint ventures, there are three foreign-funded companies holding 31% of the shares, the chairman of the Galaxy Electronics Group is called He Gang, is also the actual controller of Galaxy shares, he is He Hehe's father, because he is an old son, so this son is used to not talking. Galaxy Electronics Group owns 33% of the shares of Galaxy shares, the total market value of the listed part is about 600 million, the main electronic processing, the operating conditions are normal, but the profit ranks first in the industry, only equivalent to one-third of the same type of enterprises. Galaxy Electronics Group was originally a township enterprise, in the establishment of a joint venture company before the listing of this period of time, it is said that He Gang is very engaged in a lot of tricks, so until now there are still employees in the report of his embezzlement of state-owned assets, resulting in the loss of state-owned assets, in the first two years of the Galaxy shares listed this guy is a ruthless man, there are three employees who reported him were knocked out of the stick, one of them is still paralyzed in bed and no one cares......"

"Hehe? Is it really possible to cover the sky with one hand?"

"This guy used to be Tong Jian'an, Secretary Tong's big celebrity, the restructuring of Galaxy Electronics Group has been set up as a typical example of solving enterprise transformation and attracting investment, He Gang himself has won national honors because of his honor, but with Tong Jian'an's retreat, his actions are a lot more cautious than before, it is said that there are still people who report, but the means and ways of dealing with it have softened a lot!"

"Thirty-three percent of the shares control a listed company, and he can still cover the sky in the enterprise, so what is his annual salary?"

"Thirty thousand. He Tian is his distant relative, and many important positions in the company are held by his relatives, because the cost of foreign participation was very low, so there is no requirement for the company's profits, which allows him to sit firmly in the position of chairman, and even the general manager stationed in the city in the past to the long-term ......"

Speaking of which, Ke Yayuan put the laptop in front of Fu Zhengyi and asked him to look at the trend chart called 'Galaxy Shares'.

"The stock price has been very strong, although the general trend is not good, it will fall, but the transaction is still relatively active, last month because of the announcement of a ready acquisition of a foreign-funded enterprise, although there are still a lot of problems and controversies in this acquisition, but the stimulus of the stock price is still very obvious. The acquired party is the Indonesian branch of the American company, and stock critics think that the acquisition is good, but economists say that the company has long been insolvent and worthless, but the funds for the acquisition need to be raised through the rights issue, so even if it can be approved by the higher authorities, it will be six months later......

"Half a year? Isn't that exactly May '98?"

Seeing that Fu Zhengyi's expression suddenly became a little strange, Ke Yayuan was a little inexplicable, and when she saw that he hadn't heard anything for a long time, she continued to report. "At present, the equity of Galaxy shares is relatively dispersed, the three foreign companies account for 31%, the part circulating in the securities market accounts for 30%, and the remaining 6% is held by large central enterprises, only take dividends, do not participate in operation and management, and it is impossible to transfer this part of the shares......"

"That means that unless you can receive all the outstanding shares in your hands and buy more than 20% of the shares from foreign parties, then you can successfully enter the Galaxy shares?"

"Boss, according to the provisions of China's securities law, if the public outstanding shares are less than 10%, the stock must be delisted, which is absolutely not allowed by the municipal party committee and municipal government!"

With a pat on the head, Fu Zhengyi knew that he had forgotten this regulation in the domestic securities market.

Of course, this provision has never had a chance to be implemented since the day it was issued, and the 'shell' of a company with high premiums and serious losses in the domestic securities market can also be sold for money.

"So that means that the 30% of the part circulating in the securities market can only get 20% at most, and if it exceeds it, it will cause the municipal party committee and municipal government to dare to intervene?"

"Yes, this is a red line, and we absolutely must not touch it! Otherwise, it will not be an acquisition, but a blatant argument with the municipal party committee and government! It is quite difficult to obtain a listing quota, and the municipal party committee and government can not care who is the major shareholder of a listed company, but whoever dares to delist a company that has already been listed will cause big trouble!"

Holding the equity statement in the stack of materials in his hand, Fu Zhengyi stood up, lit a cigarette, and sat by the window, still feeling a little tricky after careful consideration.

The 6% equity held by the central enterprises is ostensibly neutral, and who is the major shareholder of Galaxy shares is not interested in the central enterprises, but because this part of the shares cannot enter the market, it can only be regarded as being held by He Gang first.

It is not very difficult to get two-thirds of the 30% of the 30% circulating in the securities market.

Therefore, the three foreign companies that hold Galaxy shares have become the key to whether they can enter Galaxy shares, even if they only hold the shares of two in their hands, as long as there is a foreign-funded company on He Gang's side, then the ownership will fail.

Two American companies, one Japanese company.

All of them participated in the shares before the listing of Galaxy Electronics Group, and the dividends in the previous years alone have allowed them to recover their investment, so if it is just 'in business', it should not be very difficult to acquire at a certain price.

Of course, even if the shares of Galaxy Electronics Group held by these three foreign-funded companies are in their hands, the 30% of the tradable shares circulating in the securities market must be able to collect more than 15%, otherwise He Gang only needs to repurchase more than 6% of the shares in the circulation market, then he will be able to obtain 51% of the shares of the central enterprises that he holds shares, forcing the acquirer to complete the ownership by acquiring at an overall premium!

But there are opportunities.

After carefully weighing the pros and cons, Fu Zhengyi explained to Ke Yayuan. "Get the detailed information of the three foreign-funded enterprises as soon as possible, contact them first without alarming He Gang, and finalize the specific price and time of the equity transfer, as long as it is not particularly outrageous, then you can sign the agreement!"

Ke Yayuan was stunned, although she had already guessed that Fu Zhengyi wanted to forcibly enter the Galaxy shares and expel He Gang from the board of directors of Galaxy shares when she received the task, she didn't expect Fu Zhengyi to make a decision in such a hurry, so she hurriedly reminded him. "Boss, the average daily turnover of Galaxy shares has reached 3 percent, the transaction is active, the price has increased, if you intervene in the current situation, and you also need to collect at least half of the circulating shares, the cost will be quite huge! If the current stock price doubles, it may not be able to collect enough shares, and if the circulating price of Galaxy shares skyrockets, it will also allow foreign parties to increase the equity transfer price......"

"The current circulating market value is less than 200 million, if you want to buy the 31% equity held by the foreign party, at least you need to refer to the market price, increase a premium of two or three percent, the other party will be interested, in fact, even if the stock price doubles and does not cost much money, but I believe that there is a way to easily hit the current price!"

Seeing Fu Zhengyi's confident appearance, Ke Yayuan wanted to ask him what he could do, but after thinking about it, he still didn't ask, but recorded his request before speaking. "Boss, what about the source of funds? You can't use foreign capital to acquire a listed company in China, right? There is no precedent for this! If the regulatory authorities delay a little at that time, then there will be great variables in this action, and if He Gang is anxious, he can announce the implementation of the 'private placement' to expand shares, which will not only cause the acquisition to be quite expensive, but will also lead to the failure of the acquisition!"

"Where do you need foreign capital to acquire? Is it possible that with the assets of Yuyao Real Estate, you can't complete such a plan?"

Yuyao Real Estate still owes a loan of more than 100 million yuan to Xiangjiang Yuntong Bank, not to mention that even if the company's mortgage in Xiangjiang Yuntong Bank is solved by means of bridge funds, the total assets of Yuyao Real Estate can at most allow you to borrow 200 million yuan from the bank, but after completing this whole process, it will not be possible in three or four months......

Fu Zhengyi, who already had an idea, smiled and looked at Ke Yayuan, who was worried. "The mountain people have their own tricks! It's actually very easy to do, and it doesn't take that long in terms of time. You should first investigate the situation of the three holding companies, and only if it is determined that the 31% stake can be purchased, the plan can be implemented......" (To be continued. )