Chapter 488: Goodbye Lin Baixin
Lin Xiaozhi is rumored to have launched a forced takeover of his opponents, and he also bought three at the same time. As soon as this news came out, it immediately aroused a lot of doubts.
It is important to know that although Lu Dao has been implicated in the war with Lin Xiaozhi during this period of time, the stock prices of the three companies that have been listed, Oriental Newspaper, Ming Pao, and Sing Tao Newspaper, have fallen significantly compared with half a month ago. But after all, these are three listed companies, and the three are all giants in the Hong Kong media industry, and it is just a fantasy not to prepare two or three billion yuan of funds. If the three high-level executives are really unwilling to sell, and confront the forced acquirer, the two sides fight to the death, the purchase price will also rise all the way, and it is not impossible that the final purchase price will exceed three or four billion Hong Kong dollars, the most obvious is the classic battle in the late 70s and early 80s when the ship king Bao Yugang forcibly acquired the Wharf under the name of the British-funded Jardine Matheson consortium.
Wharf was the largest wharf in Hong Kong at the time, with assets of HK$1.8 billion, and its properties included a number of piers, warehouses, hotels, buildings, trams and the Star Ferry in Tsim Sha Tsui, the New Territories and Hong Kong Island. Whoever controls Wharf will master most of Hong Kong's cargo handling, storage and transportation business.
In order to successfully win the Wharf, the ship king not only took the initiative to contact Li Chaoren, the richest man in China, to lure him to persuade him not only to give up the idea of his own acquisition, but also to turn his head to help himself, and at the same time secretly built a position to acquire the scattered shares of Wharf since 78. Rao is he is very prepared for this, this acquisition war since the New Year's Day of 79 years exposed, full to the second half of 80 years, the two sides have invested a total of nearly 10 billion Hong Kong dollars in the capital competition, before finally dragging down the British consortium to force it to withdraw. Although this acquisition battle does not lose money in the long run, because the stock price of Wharf was only a dozen yuan at the time of the acquisition, it is now as high as more than 60 yuan, with assets of nearly 40 billion Hong Kong dollars, making it one of the largest enterprises in Hong Kong. But in fact, the British did not lose much, they 'lost' Bao Yugang, who was only worth 1.8 billion Wharf at the time, to Bao Yugang, who was only worth 5 billion, although he was forced to sell a high-quality company, but he also made a lot of money.
Among the three newspaper groups that Lin Xiaozhi wants to acquire, except for Kaiming Daily, which has suffered repeated fluctuations after its new listing this year, Oriental Press and Sing Tao Press are both companies that have been listed for many years, and their market value is not much worse than that of the Wharf in the past.
Although no one will regard the Ma family, Yu Pinhai and Hu Xian, who hold the three listed companies, as a super British-funded consortium - Jardine Matheson, it is obvious that Lin Xiaozhi is still a lot away from the wealthy ship king Bao Yugang. Therefore, as soon as it was reported in the financial circles that he had submitted the acquisition agreements of three listed companies to the Hong Kong Stock Exchange at the same time, it immediately attracted a wave of doubts.
It's just that this suspicion didn't last long, and many media obviously knew the value of this news, and asked Lin Xiaozhi and his various companies through their relationships, and some of them even blocked the Hong Kong Stock Exchange directly, and finally made the senior management of the Hong Kong Stock Exchange open their mouths.
“…… In recent days, there have been questions about Mr. Lin Xiaozhi's acquisition of three listed companies, Oriental Press, Ming Pao and Sing Tao Press, which were exposed by the media. I can tell you here that this is true. ”
The first to confirm this was the director of the Hong Kong Stock Exchange, Chan Jinnian, who had attended the listing ceremony of Media Asia and had some personal relations with him. However, he took the initiative to expose the matter to the outside world, but it was not Lin Xiaozhi's meaning, but the meaning of the senior management of the Hong Kong Stock Exchange. Since the stock market crash in 87, although the Hong Kong Stock Exchange has not been able to afford a setback, it has gradually recovered the bull market in recent years, but compared with the crazy momentum in the early 80s, there are still some topics and bright spots. This is also the reason why when Media Asia was listed at the beginning of the year, the senior management of the Hong Kong Stock Exchange gave it the green light.
And Lin Xiaozhi and his Media Asia have indeed lived up to expectations, and they have been listed for only one year and have been among the 10 billion clubs. And not only that, in the past year, he has acquired a number of companies, and not long ago he brought ATV, one of the two major free-to-air television stations in Hong Kong, under his command, and now it can be said that the general trend has become a success. Therefore, as soon as the Hong Kong Stock Exchange saw that he entrusted someone to hand over the acquisition agreement, and at the same time launched the acquisition of three listed media giants, many senior executives felt that this might be an opportunity, so they also held two meetings to discuss and set a style that was secretly supported, and he tossed it, the bigger the trouble, the better, and also brought some long-lost popularity to the Hong Kong Stock Exchange.
The senior management of the Hong Kong Stock Exchange personally confirmed the matter, and Lin Xiaozhi's layout has reached the end, and in the past period of time, he has acquired a lot of shares in three companies by various means to attack competitors, which will not be afraid of exposure at all. On the contrary, since the war with the four media giants, Lin Xiaozhi has the upper hand but has also paid a lot of price for it, and if he drags on the fight, it is gratifying to win, but he also has the heart to end this battle as soon as possible, so what he is pursuing now is to end the dispute quickly and digest the several companies that have been acquired recently.
Because of this, he did not hide his own thoughts, but asked his Cheng Pao and ATV to cooperate and continue to reveal more detailed content about his acquisition of three media companies, waiting for the opportunity to provoke the sensitive nerves of his opponents.
"The latest news, the wealthy Shaolin Xiaozhi has bought 47 million shares of Fang Newspaper, a shareholder, accounting for 27% of the total shares of Oriental Newspaper."
Lin Xiaozhi claimed to the outside world how much he received, and spent nearly 100 million yuan to sweep the market to absorb 17. 9% of Ming Pao's shares are close to more than 90% of the total shares of Ming Pao circulating in the market. The Hong Kong Stock Exchange has issued a warning to Ming Pao that unless the three major shareholders of Yu, Cha and Shen release more shares to the market, Ming Pao will face a temporary suspension penalty! ”
"Shockingly, Yulin Investment, Sun Hung Kai Securities and other five institutions announced the sale of their shares to it at a price of 73 million Hong Kong dollars, and Lin Xiaozhi has increased his stake in Sing Tao Press Group to 15. 7%, causing the Sing Tao newspaper industry to shake up and down! ”
"Lin Xiaozhi said in an interview that the funds in his hands are no less than 3 billion Hong Kong dollars, and it is imperative for the three listed media."
"The regeneration of Sing Tao Newspaper has changed, and insiders have revealed that Baibao Group has secretly sold 40% of its shares in "Sing Tao Daily" to Lin Xiaozhi. Seeing that the group was in danger of changing hands, Hu Xian could only return to Hong Kong to deal with the matter! ”
"Kowloon Bank announced its fourth-quarter financial results in January ahead of schedule, shattering speculation that the outside world questioned Lin Xiaozhi's misappropriation of bank loans!"
"A number of bank executives threw olive branches to Lin Xiaozhi, and Charles said, the president of HSBC, was willing to provide loans to both parties."
As soon as the acquisition war began, Oriental Newspaper, Ming Pao, and Sing Tao Newspaper suddenly became a mess.
Compared with the three unsuspecting listed companies, Lin Xiaozhi has been secretly planning since a month ago, and he has already made various layouts in the past month. Although these three companies have a lot of influence in Hong Kong, they are not at all a level compared to the super British-funded consortium Jardine Matheson. With mental calculations or unintentional, Lin Xiaozhi was caught off guard by a face-to-face, and when the three began to react, Lin Xiaozhi, who had already held a large amount of money, had acquired a large number of shares from the circulation market at a low price. At this time, although the stock prices of the three companies raised the acquisition cost as his acquisition exposure continued to rise, it did not create much respite for them, especially Sing Tao Press Group and Ming Pao, two companies with very tight capital chains.
Seeing that the opponent's defeat had been revealed, Lin Xiaozhi was so unhappy. Although he has used more than 500 million Hong Kong dollars for this large-scale acquisition that shook all walks of life in Hong Kong, he has to spend a steady stream of money into it. But seeing that his opponent is about to be defeated by him, and he is about to be crowned the king of Hong Kong media, it is inevitable that he will be in a better mood.
……
The car was slowly driving on the offshore highway, Lin Xiaozhi leaned back against the seat, seemingly closing his eyes and recuperating, but his head was constantly echoing a phone call from Lin Jianming yesterday.
"Achi, I'm so sorry. Dad was very angry a few days ago after I sold ATV to you, and I'm afraid I'll invite you to come and sit down after you've been busy in the past two days! ”
turned out to be a good guess for him, the two fathers and sons called him one after another only a day, and the phone number given to him by his ninth uncle Lin Baixin was indeed as Lin Jianming guessed, 'I haven't seen him for a long time, I miss him for a long time, please let him sit down and chat with him'.
Also, no wonder Lin Baixin is angry. ATV was bought by him with money, and he also had the heart to leave ATV as an industry to his eldest son Lin Jianming. But he never imagined that his eldest son Lin Jianming would turn his face and sell ATV to Lin Xiaozhi behind his back. Although they are not outsiders, there is still some difference between them and not a family.
I guessed that Lin Baixin would be angry because of this, but Lin Xiaozhi didn't take it too seriously, and played with the engagement ring on the middle finger of his left hand. Not to mention that now that the wood has been completed, he and Lin Jianming have already completed the transfer. Just the amount of strength he holds in his hands now, even if it is still worse than that of Lai Sun Group, it is not too far behind. Lin Baixin is already old, and now she has to face the power struggle between the eldest son, the second son and the adopted third son. On the other hand, he Lin Xiaozhi, who just turned thirty this year, is at the peak of his life, as long as his ninth uncle is not stupid, even if he is angry in his heart, he will only sprinkle it on Lin Jianming, and he has to speak well to him, and he will have to use him in the future.
As for what punishment Lin Jianming would get from his ninth uncle, it wasn't something he cared about.