Chapter 414: Facebook
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Zheng Rongxuan and Group President Nam Hyun-jeong, Vice President Li Yunxin, Vice President Noel ? After Quaker greeted his employees in various departments of the mobile era, Zheng Rongxuan gathered key executives at home in the office of the mobile era at 10 a.m. and held a video conference with executives from various branches around the world scattered around the world.
Li Yunxin first informed everyone of the progress of the employee stock ownership plan, according to the previous plan, the board of directors finally determined the important components of the employee stock ownership plan, the group's world's largest social networking site Facebook, in addition to the group headquarters to retain 25%, the current Facebook subsidiary CEO Liu Changchun and his marketing team of 10%, employees will hold about 20% of the shares of the Facebook subsidiary to be listed, including the Facebook subsidiary technical director Mark ? Zuckerberg will receive a 2% stake and a 3% stake in the main technical team. The rest of Citibank's private bank holds 15% of the shares, the national bank holds 15%, and the rest is the number of shares held by brokerages and other companies.
According to the results of the continuous audits and evaluation forecasts given by Citibank and Deloitte Touche Tohmatsu and the final IPO values, Facebook's proposed issuance of 520 million shares, the New York Stock Exchange gave the maximum limit price of $45, Facebook subsidiaries will raise $23.4 billion, market value will exceed $152 billion, and according to past experience and current market expectations, Facebook's market value will soon exceed $200 billion, becoming the third subsidiary in the mobile era to exceed $200 billion.
After discussing and determining the scope and proportion of employee shareholding, Zheng Rongxuan signed a confirmation letter of free shares for executives and employees in the scope on the spot, which made the global executives attending the meeting grateful, knowing that once listed, each of them will be worth hundreds of millions of dollars, Mark? Zuckerberg's shares will be worth more than $3 billion, and at this time, Zheng Rongxuan gave them all away without blinking an eye. According to Zheng Rongxuan, it is extremely rare for most companies in Asia, especially in South Korea, to let employees who have worked hard grow with the company. At the same time, he also agreed with what Zheng Rongxuan said before: the mobile era is not only a company, but also a career for all employees.
Seeing that it was already noon, Lee Yun-hin asked for everyone's opinions, and the meeting continued, and whoever was hungry could continue the meeting while eating, because of the time difference, at noon in South Korea, the executives of the other branches of various countries participating in the meeting were either in the morning and some in the afternoon. There are even many of them at night and late at night, so it is really inconvenient for them to continue to wait.
The second item of the meeting, according to Zheng Rongxuan's suggestion, after Facebook, the mobile era will take out Youtube to go public, and it will still be operated by Citibank, making it the fifth listed company under the mobile era. After Youtube, it will be the road to the listing of Twitter's subsidiary, which is the most anticipated by all investors in the world, and strive to exceed $1.5 trillion in the total market value of the mobile era in five to ten years. Benefit every employee of all subsidiaries and branches of Mobile Times.
Zheng Rongxuan's goal is to make the net worth of all senior executives in the world exceed 1 billion US dollars, some executives have a net worth of more than 10 billion US dollars, some excellent middle-level executives have a net worth of more than 10 million US dollars, and the net worth of outstanding employees should reach more than 10 million US dollars.
The third item. Zheng Rongxuan reported on the first phase of the group's audit, gave some senior executives in charge of some of the problems found, and dismissed more than a dozen middle and senior executives involved in the large amount of corruption, and handed over the final decision to the judicial authorities.
Fourth. In view of the global financial crisis, many of the 32,780 employees in the mobile era around the world will experience a possible decline in the quality of employee life, Zheng Rongxuan announced on the spot that the salary of all employees around the world will be increased by 10-20%. Specifically, each branch and subsidiary is requested to determine the salary increase ratio according to the operation situation, and the Twitter subsidiary, which is still in the red, will be supported by the mobile era headquarters.
The meeting lasted for nine hours, from 9 a.m. to 6 p.m. Seoul time, and thousands of media from all over the world gathered in the morning to wait for a full day after receiving information from various sources about the most important conference of the year being held in the mobile era.
One of the contents of today's meeting was the finalization of the IPO ratio of Facebook's subsidiary, which is most anticipated by global investors, and the final result of the stock ownership plan that all employees in the mobile era are most looking forward to.
But when the afternoon meeting ended, the mobile era was a huge surprise to all investors and made all the employees happy and abnormal results, originally all the investors thought that there was only one Facebook subsidiary IPO, but I didn't expect Zheng Rongxuan, who didn't listen to the persuasion before, now in order to benefit all the mobile era employees around the world, took the initiative to take out Youtube and Twitter two subsidiaries to go public, although this will be a long process that lasts for several years, But no matter how long it takes, no one is too slow, and all investors are more concerned about how many shares Zheng Rongxuan will take out of the other two companies this time for everyone to buy.
The IPO of Facebook's subsidiary Global investors finally did not even get 10% of the shares, and the vast majority of them were pocketed by Zheng Rongxuan's own private bank, which means that Zheng Rongxuan is directly controlling the vast majority of the shares, everyone can understand Zheng Rongxuan's approach, wanting to maintain absolute control of the company, but obviously Zheng Rongxuan is changing this idea at present.
Although Nam Hyun-jeong, the group's president, who was in charge of briefing the thousands of media from various countries who had been waiting for a day, did not announce the percentage, but he said that the group meeting will give more of the proportion to investors in the listing process of the two companies in the future, so that all investors, employees and users around the world can share the success of the mobile era.
The final results of the stock ownership plan announced that employees are most concerned about have also made employees of all companies around the world envious, and the subsidiaries of Mobile Times have instantly become the most desirable companies for all talents in the world, and even in the spring global job fair, the highest proportion of job competition has reached tens of thousands of people to compete for a position, which makes countless people feel that people are not all crazy.
But seeing the announcement, the mobile era took out countless 20% of the shares worth of the shares to distribute to its employees, every employee of the mobile era will benefit from this, and even outstanding employees will receive hundreds of thousands of dollars, everyone can understand, although these distributed shares require three years before they can be listed and circulated, during which the resignation will be repurchased by the company at the original price, but it still makes countless people excited, after all, this is worth at least hundreds of thousands of dollars.
Affected by this, when the global stock market opened on Monday, the stocks of IOS and Android, the two major subsidiaries of Mobile Times, rose all the way, and drove the entire technology and communication stocks to rise, making the US stocks rise by 2.1% after falling for many days, and the stocks of IOS and Android rose by more than 8% each.
However, in the Korean market, investors found that SK Communications, which they originally wanted to buy, was suddenly suspended from Monday, and when everyone was curious, at 10 o'clock in the morning, SK Communications finally announced the latest suspension details.
According to the joint decision of the board of directors of Mobile Times and the board of directors of SK Communications, SK Telecom will issue 2.368 billion shares to its controlling shareholder, Mobile Times, and raise funds of USD 18.6 billion for overseas investment, investment and operation of its Malaysian branch, and the construction of the world's first 4G communication network.
This announcement directly made the institutions and retail investors who held SK Telecom shares in their hands all happy, and sure enough, they could make a fortune by following the mobile era, and we didn't have a chance to buy the other two stocks, but SK Telecom in the Korean market is no problem, and now it has raised so much money that the market value of SK Communications has at least doubled, and then the opening stock does not hit two or three rolls are a little unbearable for the funds raised.
It's just that everyone is a little curious, the matter of the Malaysian branch has been dug up by the local media after Zheng Rongxuan went there a few years ago, but what is the content of the overseas investment in front of it?
It's a pity that this announcement of SK Communications does not say it, and even SK Communications does not know about it, as if it is still a mystery, and if it is to say that it knows, I am afraid that only the controlling party of SK Communications, Mobile Times, knows about it.
In the evening, Zheng Rongxuan and Li Yunxin hosted a banquet for the local executives who participated in the one-day meeting, which was not only to greet everyone but also to tell everyone good news.
On the side of Songdo New Town, the first phase of the smart city has been preliminarily completed, which is nearly two years faster than in the previous life, the new building, the spacious space, and the perfect facilities are enough to make everyone who lives and lives there convenient and happy, especially some overseas employees, from there to the airport only 10 minutes by car, has become a truly international new city.
With the expansion of the mobile era is too fast, there are more and more employees at the headquarters of Qingchuanxi, and there is already some room for all companies, in addition to the headquarters of the mobile era in the future, the rest of the branches and subsidiaries will all move to Songdao New Town, and the supporting smart staff apartment has been basically completed, the first subsidiary to go there is Facebook, which will be listed this year, and they can send people to receive and plan decoration, moving and other matters from next week.
Liu Changchun and Mark who were present? Zuckerberg and several other executives affiliated with Facebook were all overjoyed, and finally they didn't have to crowd with other companies, and the space would be more spacious. (To be continued......)