Chapter 190: The Eve

Lin Feng and Ye Weiyu sat in the back seat of the Rolls-Royce, and Zhao Yihua sat in the co-pilot seat to report on the road. Pen × fun × Pavilion www. biquge。 info

Lin Feng was not in a hurry to ask, and said to Ye Wei with a smile: "Yezi, we may often come to Hong Kong in the future, and it is quite boring to live on the peninsula all the time, it is better to let Sun Lin and Zhao Jing accompany you around in the past two days, see where the scenery is good, let's buy a house here, and it will be convenient to come over in the future." ”

Ye Wei leaned lazily on his shoulder - a nearly 15-hour flight, even in first class, was not very comfortable, she just wanted to sleep well now.

muttered: "Okay, tomorrow you are busy with business, I will find the real estate company to pick and choose ......."

Lin Feng saw that she was tired, so he gently held her hand and adjusted her sitting posture to make her more comfortable.

"Yihua, tell me about it. He said softly.

Although after he left Hong Kong, Zhang Zhijiao and Zhao Yihua made phone reports to him on important matters, but after all, they did not understand many details.

Fengxing raided Tencent this time, spending nearly 5 billion Hong Kong dollars to win 60% of Tencent's shares, if Tencent can't realize Fengxing's determination, and want to continue the war at the shareholders' meeting, even if Lin Feng finally relies on the advantage of shares, he can drive Xiao Ma and his gang out of the board of directors, but what will Tencent become without these people? Lin Feng doesn't know.

Compromise and reconciliation between the two sides is the most beneficial outcome for the prevailing market.

Zhao Yihua was very eye-catching, sat in the front row and reported sideways, and saw that the proprietress fell asleep with her eyes closed, and her voice was much softer.

"When we first announced a general tender offer, Tencent was very fierce and tough, and Ma is said to have proposed amending the company's articles of association to give the board more powers, such as issuing an additional 20% of shares, and looking for white knights to fight the popular takeover. ”

"However, after you left Hong Kong, perhaps seeing that Fengxing has no intention of further expanding the acquisition of Tencent, the attitude of the Tencent board seems to have changed a bit and eased a lot. ”

"At this extraordinary general meeting, we put forward 8 proposals, which mainly include the revocation of the previous provisions of the board of directors on amending the director rotation system, the appointment of you, Mr. Zhang as a director of the company, and the re-election of Antonie Andries Roux as a non-executive director. ”

"The most important of these proposals is to abolish Tencent's board of directors rotation system, so that Fengxing can form influence on Tencent's board of directors as soon as possible. According to Tencent's articles of association, the amendment to the board of directors' articles of association is a non-material matter that only requires the consent of more than half of the shareholders at the shareholders' meeting, but this time they listed it as a major matter affecting the company's control, so we may need more than three-quarters of the votes to pass. ”

Lin Feng nodded silently.

After thinking for a moment, he asked, "How about the appointment with the Tencent representative to meet?"

Ma Huateng did not make a clear statement, but Cao Liqing of the founder team said that they could meet and chat. ”

"Cao Li Qing?" Lin Feng pondered.

Cao Liqing is one of the five founders of Tencent, and now serves as the company's COO, and is the third person in Tencent under Ma Huateng and Zhang Zhidong. In Lin Feng's memory, he is the oldest in Tencent's founding team, and compared to several other people who are classmates, Cao Li Qing is more mature and domineering.

It is said that when Tencent was founded, when new employees joined, they often regarded Cao Liqing as the boss and Ma Huateng as an ordinary programmer.

Lin Feng remembered that in three years, Cao Liqing would leave Tencent, and he was also the first of the Five Tigers to leave, and later transformed into an angel investor. According to rumors, he was trying to make way for the Martin Lau of the future president of Tencent......

In such a special period, he is willing to see Lin Feng, what does it mean?

Is it that he has gained consensus within the team and is acting as a representative to do the preliminary negotiations, or is it his personal wishes and ideas?

In any case, Lin Feng must meet him.

This was also the first time Lin Feng met with Tencent's founder and management team. It has a very special significance.

You can see what the Tencent team's attitude is towards Fengxing, a "barbarian" who suddenly came out. Listening to their ideas will also help you make decisions and take countermeasures in the next step.

"Okay, then let's ask him to come to my hotel room tonight. Lin Feng said lightly.

"Okay, boss. Zhao Yihua didn't say more, turned around, and called Cao Liqing.

…………

Tomorrow is the extraordinary general meeting of shareholders, and Tencent's founders and management have already arrived in Hong Kong, and they are already in Shenzhen, so it is very convenient to pass the customs.

At this time, everyone is gathering in Ma Huateng's room to discuss the matter of tomorrow's shareholders' meeting.

"Lin Feng and the concerted actors have 60.3% of the shares, and we all have a total of 37.5%, basically there will not be too many small shareholders at the shareholders' meeting, so tomorrow's shareholders' meeting will mainly be the two of us. Now it's very clear that either we will vote for the repeal of the shark repellent ordinance and put Lin Feng on the board, or we will disagree, but several other director appointments will pass, but this will conflict with our shark repellent provisions. This becomes a question of the authority of the general meeting and the board of directors, and I am worried that it will cause questions from the Hong Kong Stock Exchange. ”

Chen Yidan frowned, he didn't expect Fengxing to put forward such a proposal, which pushed Tencent into a corner, and if it was passed, the representatives of Fengxing would enter the company's board of directors, and their control over the company would be greatly affected, and there would be a great risk of being kicked out in the future. Failure to pass the voting results of the director election, which is obviously unfair to shareholders, will cause a letter of inquiry from the Hong Kong Stock Exchange, and will further stimulate the confrontation between Fengxing and Tencent.

Cao Liqing continued: "The shark repellent clause is originally a relatively mild anti-takeover method, and when they hold more than 50% of the shares, the confrontation is actually meaningless...... , Pony, in fact, judging from Lin Feng's behavior and attitude during this time, he didn't really mean to fully acquire Tencent. Roux and Searle (the two original directors of MIH) also said that Lin Feng only wanted to become the majority shareholder of the company, avoid vicious competition between FF and QQ, and did not mean to seize control of Tencent. If he just wants to be the chairman of the board of directors of the company, instead of seeking to win the management rights of the company, and continue to let you serve as the CEO of the company, I think it is possible to contact him and try to reconcile?"

Ma Huateng frowned and rubbed his temples a little irritably.

He is also an extremely smart person, of course, through these two months, he can see Lin Feng's attitude.

Thinking about it from another perspective, if he is Lin Feng, at this time he must use all means to obtain more than 75% of the shares - after all, it is only 15%, as long as he captures a few of Tencent's founders, or buys the shares of some management personnel at a price that is difficult to refuse, it is not impossible to achieve.

He was very hesitant, fearing that the members of the team would be tested because of this, which was too cruel .......

But Lin Feng didn't do this, he left Hong Kong instead, flew to the United States to talk about the agency of "World of Warcraft" and establish the Silicon Valley Research Institute......

This shows that Lin Feng really has no intention of snatching control of Tencent.

Although Fengxing is already a major shareholder, according to the terms of the general offer, if the acquisition is not successful, Fengxing will return no less than 25% of the shares to the public market. In other words, if Lin Feng really just wants to be a major shareholder like MIH Company, regardless of specific affairs. Ma Huateng is not unacceptable, after all, he had an MHI on his head before.

It's just that no one dares to guarantee what Lin Feng thinks! What if he suddenly repents? After joining the board of directors and serving as chairman, according to the number of shares held by Fengxing, he will be able to own at least three seats on Tencent's board of directors, and after two re-elections, he will be able to occupy more than half of the seats in a few years! At that time, he will be able to kick himself out of Tencent with a single word! The risk is too great!

Thinking of this, Ma Huateng regretted a little, Zhang Zhijiao, the COO of Fengxing Company, had hoped to talk to him through an intermediary, but he still insisted on confrontation at that time and did not respond.

should be discussed, if their conjecture is true, even if some voting rights agreements are signed, or Lin Feng can give a promise not to reorganize the board of directors on a large scale and interfere with the company's management rights, and ensure that he, as the company's CEO and founder, has the power over the company's management rights, Ma Huateng feels that he is not unable to accept Lin Feng into the board of directors.

While he was worried, Cao Liqing's phone rang.

Cao Li Qing picked it up and looked at it, his face changed, and he looked at Ma Huateng: "Pony, Zhao Yihua is popular!"

Ma Huateng's face also changed: "Pick up, listen to what they want to do?"

On the eve of the extraordinary general meeting, the opponent suddenly called, which obviously surprised Ma Huateng and others!

Cao Liqing picked up the phone: "Mr. Zhao, hello, is there something wrong with the call so late?......?" He looked up at Ma Huateng, and said, "You Mr. Lin want to meet and talk to me?...... The Peninsula ?...... tonight"

Seeing Ma Huateng's face blue and nodded, Cao Liqing agreed: "Okay, I have time, okay, I'll be over in a while." Good bye. ”

After hanging up the phone, he looked at Ma Huateng and said, "Zhao Yihua said that Lin Feng has just arrived in Hong Kong and wants to ask me to meet and talk at the Peninsula Hotel where he stays." It is estimated that before the shareholders' meeting, an ultimatum will be given!"

He secretly complained in his heart, "Couldn't you just go to the pony for such an ultimatum?" Call him! What the hell is calling me?

In front of everyone, he was a little embarrassed.

Although everyone has said before that it is possible to communicate with Fengxing privately and probe the bottom of the other party, there is no consensus after all.

Cao Liqing also relied on his keen sense of business and knew that the final result between Fengxing and Tencent was likely to be a reconciliation, which left a mouth for Fengxing.

I didn't expect the call to come just in time for a meeting.

Ma Huateng didn't think about it so much for a while, he thought about it quickly, and said in high spirits: "We should talk about it at this time, otherwise it will be difficult to turn back tomorrow! In case there is good news, of course, it is the best, if it is bad news, we also have an extra night of preparation time!"

He looked at Cao Liqing: "Keny, you go quickly, let's wait here and see what Lin Feng wants to talk about!"

Cao Li Qi nodded, got up and walked away quickly.

They stayed at the Intercontinental Hotel, not too far from the peninsula.

Perhaps tonight is the real moment to decide the fate of Tencent!

If the talks go well, tomorrow's shareholders' meeting will become a show......

Otherwise, tomorrow's shareholders' meeting will be the clarion call for the war to begin!