Chapter 273~274 [Step on me? 】

The next day (April 28), Thursday.

A 'goodwill privatization' and a 'hostile takeover' of the New Era Group have set off a big wave in Xiangjiang.

However, the biggest news is that Jardine Matheson and its controlled Mandarin Oriental Hotel issued a joint statement that Wenhua will issue 10% of new shares at a price of 4.15 yuan per share to Jardine Matheson, increasing Jardine Strategy's stake in Mandarin from just under 35% to 41%.

Market participants quickly believed that Yice's subscription of Wenhua's new shares would inevitably exceed the 35% trigger point for a comprehensive acquisition, and Yice put forward a comprehensive acquisition proposal as usual. However, since the purchase price of $4.15 was lower than the actual net asset value of Wenhua of HK$6 per share, the reaction of Wenhua's existing shareholders was lukewarm.

This trick has just been used by Lin Zuhui, the major shareholder of the New Era Group, and the Jardine Matheson strategy followed. However, Lin Zuhui still had a premium of 10%, and the Jardine Matheson strategy was completely implemented according to yesterday's closing price.

However, the Jardine Matheson strategy is a killer move, which disrupts the deployment of the five major Chinese-funded real estate developers (Youxin Real Estate). If the Chinese-funded consortium pursues and fights, Jardine Matheson Strategy and the controlled Land will immediately do the same, and Yice will also be able to control the Land without spending a huge amount of money.

The Huazi Consortium held an emergency meeting, and a new member of the consortium was added: Rong Jianzhi of CEFC Group.

This is not expressed, and it has nothing to do with Lin Zuhui, after all, even if the Chinese-funded consortium invites him, he may not be willing to join halfway. What's more, he knows that this matter can't be done, so why bother to offend Land, he still wants to buy Land's wool!

......

Huamei Real Estate (listed in 1972).

After Da Liu saw the announcement issued by the New Era Group, his face suddenly changed unpredictably, because Baohua Construction is also his target, and Huamei Real Estate already holds 8% of the shares of Baohua Construction.

Before he could announce the acquisition of Borrelli Y. Construction, he was preempted by New Era Group.

Suddenly, Da Liu had a lot of question marks in his mind?

Why, I always meet Lin Zuhui, but I can't play with him!

Will you join the acquisition, or will you sell the shares to him?

Joining the acquisition, his shares are 8% behind others, and his strength is certainly not as good as the behemoth New Era Group.

The key is that Da Liu, who is also a sniper, knows deeply that Lin Zuhui is more than a step better than him, at least he did not escape the stock market crash, and he suffered a lot of losses.

"Forget it, sell a favor!"

......

Lin Zuhui met with the visiting Da Liu in his office, and he knew what Da Liu was doing.

Speaking of which, I was a little reluctant in my heart, if the appearance of Lin Zuhui made the business boss in Xiangjiang the worst, it was undoubtedly Da Liu.

Huamei Real Estate and Chinese Real Estate are not speechless, not to mention that Lin Zuhui also robbed the two buildings of the Grand Hotel and Land, and now he has robbed his Baohua Building; Therefore, Da Liu's strength in this life is only fifty to sixty percent of that in his previous life.

What is robbed is not only career and wealth!

"Brother, please sit down, come here, I'm shining here!" Lin Zuhui held Da Liu's hand and enthusiastically led him to his seat.

Smiling tiger, it's not good to learn at a young age, Da Liu thought to himself.

He dared to say that if he dared to jump out to buy Baohua Construction this time, he would be stared at and beaten by this person in the future!

Dasheng Real Estate is a lesson from the past, a good real estate was dragged to the stock market crash to sell, the sales were extended for more than half a year, and the loss was 15%.

"Brother, I find that the two of us always want to go all the way, I don't know why?" After Da Liu sat down, he also said enthusiastically.

The two have played at a party many times and have played a few football games, so they are familiar with each other.

Lin Zuhui pretended not to understand and said, "Oh? I want to hear about it! ”

Da Liu instantly opened his heart as if complaining: "When I sniped at the Bank of East Asia, you Chinese real estate also took the opportunity to cash out, right?" ”

Lin Zuhui nodded and said, "Not bad! After the war with the Feng family, I learned that the Feng family was selling shares in the Bank of East Asia, so I took the opportunity to buy it and prepare to make a long-term investment. I didn't expect my brother's blessing, so I sold it at a high price. ”

Speaking of the Feng family, the later situation was really miserable, from an old family to a second- or third-rate small family; It's not Lin Zuhui's reason, but the Feng family itself has fallen into a serious financial crisis, and it was the same situation in the previous life.

Da Liu said with a smile: "I knew it at the beginning! Then he said regretfully: "And the big hotel!" ”

Lin Zuhui pretended to be curious and asked, "You also have an idea for the hotel?" ”

Da Liu said: "I have had the idea since I was a child, but what I really regret is that I and Yu Jinji (a textile businessman, a big friend in business football, and a celebrity in Xiangjiang football) are buddies, you know this; And Yu Jinji is a good friend of Liang Zhonghao, and he also knows that Liang Zhonghao intends to put the hotel on the market, and intends to lead me to buy the hotel. As a result, you were preempted again! ”

It seems that the true feelings have been revealed, these words are not friends, and they are embarrassed to say it, the relationship between the two is a friend, but it is not a friend.

Lin Zuhui said with a smile: "There is nothing to regret about this, you can't fight the Kadoorie family!" ”

Liu Luanxiong's face froze, and he suddenly smiled bitterly: "Okay, I'll snipe at most, unlike you who are now in charge of the hotel with Kadoorie!" ”

Lin Zuhui said proudly: "It's not so much that we are in charge of the hotel, but that the Kadoorie family is working for me!" ”

It doesn't seem to have said anything wrong, after all, he is the major shareholder, and the Kadoorie family is still cautiously increasing its holdings, for fear of offending Lin Zuhui.

Liu Luanxiong finally said: "Okay! And this time, I've been coveting Baohua for a long time, but I didn't expect us to coincide again! ”

Lin Zuhui said with a smile: "It seems that you came this time to help me acquire Baohua Construction!" ”

Seeing that Lin Zuhui was so straightforward, Liu Luanxiong could only say: "Take it, who called you the second leader in our circle!" ”

The big D meeting has already taken shape, Zheng Yutong, Lin Zuhui, Liu Luanxiong, Yang Shoucheng, Zheng Jiachun..... We've met privately several times.

"Refreshing, the premium is two percent, how much is how much!"

"It's 8%, the premium is not enough, at least you have to treat once!"

"No problem, let's play together on the weekend!"

......

After taking Liu Luanxiong's 8% stake in Borrelli Construction, plus the scattered shares that came to register for sale on Thursday and Friday, New Era Group already owns 32% of Baohua Construction's shares.

Lin Zuhui and others have already thought about it, and next week they will prepare to hold a general meeting of shareholders of Baohua Construction to elect New Era Group to become the owner of Baohua Construction.

The market value of Baohua Construction is only less than 500 million, and the reason why Lin Zuhui did not directly privatize it is because he does not want to be in a hurry and plans to wait for the 89 stock market crash to be privatized. After all, it is necessary to do things step by step, and this acquisition is a hostile takeover, relying on the fact that the current major shareholder of Baohua Construction only holds 15% of the shares, so it is logical to join the board of directors.

Friday evening.

In the conference room of the New Era Group, the harvest of the week is being summarized.

Liang Botao reported: "This week, the Lin family acquired 3% of the shares of New Era Group, and now Lin Sheng's stake has increased to 47.5%. However, the stock of New Era Group has risen to 11.3 yuan, and the stock price increase is estimated to not increase much by the deadline for comprehensive acquisition next week! ”

Lin Zuhui nodded, and then laughed at himself: "It's okay, I'm already very satisfied!" In the future, I still don't want to reduce my holdings, and I will earn 3 points with all my efforts. ”

Everyone laughed, Liang Zhenxun said: "In this round of stock market crash, the credibility of New Era Group is almost the same as that of blue chips such as HSBC, Hang Seng, and Wharf, so many shareholders did not choose to sell, resulting in the largest decline of only 30% in the entire stock market crash." ”

This is a flattering remark, and the New Era Group has a very good reputation and has resisted the decline in the stock market crash. At that time, the situation was that New Era Group had 2.7 billion cash lying on its books, and the debt was only more than 2.3 billion (some of which were paid off). Coupled with Lin Zuhui's personal influence, New Era Group performed well this time, and together with Chinese Real Estate, it was selected as one of the 50 blue-chip stocks.

Liang Botao reported: "Chinese Estates currently holds 82% of the shares of Legu Real Estate, and I believe that the privatization will be completed next week! ”

The premium is 35%, which is only a little more than 10% different from before the stock market crash, and the people who sell this stock basically go to the registration office with a grateful heart.

"The rest just follow the procedure!" Lin Zuhui said.

If the shareholding exceeds 90%, the privatization can be declared successful and the delisting is ready.

Liang Botao said: "The acquisition of Borrelli Construction has also been quite smooth, and it has now held 32% of the shares. If there are no accidents, you can join the board of directors next week. ”

What is called an accident, an accident is that a third party joins!

The current major shareholder does not have the strength to reverse the takeover at all, and in the eyes of the shareholders of Baohua Construction, there is no prestige, so it is not considered.

.......

.......

Saturday.

The bureau was organized by Lin Zuhui, and the participants were: Zheng Yutong, Cheng Kar-chun, Liu Luanxiong, Yang Shoucheng, Pan Disheng, Ye Zhiming, Fang Jin, and everyone played for a day at Shek O Country Club.

In the evening, everyone eats in the private room of the club, where the chef is also a famous chef, not inferior to the presence of the Jockey Club chef.

In addition to small talk.

He Jun walked into the box with the phone and whispered to Lin Zuhui: "Boss, Liang Sheng's phone?" ”

Lin Zuhui nodded, took the phone, and came to the sofa in the box.

"Hey... Well... What do you think we should do.... Okay, then grey market acquisition! ”

After hanging up the phone, he handed it to He Jun, and then he returned to the dinner table.

Zheng Yutong saw that Lin Zuhui's face was a little angry, and persuaded him with the mentality of an elder: "Don't be angry, don't be angry, maintain a good attitude, and double your work efficiency." ”

Lin Zuhui smiled and said, "What Uncle Tong said is true! ”

often plays with Zheng Yutong, Lin Zuhui found that he has really always been 'Maitreya Buddha', obviously in terms of temperament, Lin Zuhui can't do this.

Seeing that everyone looked at him, Lin Zuhui said with a smile and generously: "Hysan Land announced that it will join forces with the major shareholders of Borrelli Construction to participate in the anti-takeover at a price two thirds higher than ours!" ”

The crowd was amazed!

Lin Zuhui has always been the only one who sniped others, but now someone dares to break ground on Tai Sui's head!

Liu Luanxiong said: "Hysan Land has always been conservative, so how would it be involved in this kind of thing? ”

Lin Zuhui sneered: "Hysan not only waved the banner of justice to "shave the head" for the stock market, but also proposed to change the name of conservative image. Hehe, it can be said that the teacher is famous! ”

Everyone's faces were pale, this Hysan Real Estate was planning to step on Lin Zuhui's head in order to change the impression of others on them - conservative, it is really a good plan!

Moreover, everyone also feels that Hysan Land has done it, and now it has proposed an anti-takeover with two-thirds higher than that of the new era, which has instantly won the support of shareholders and public opinion, after all, Lin Zuhui is a hostile takeover of Borrelli Construction this time.

So what should Lin Zuhui do? In other words, if you are in Lin Zuhui's position, how to break the game?

Raise the price again?

That was a bit of a big price, and Hysan's entry into the reverse takeover forced New Era Group to increase its stake to more than 45% to barely be safe. To do so, it would have to pay a large price for the remaining 10 percent of the shares, after all, Hysan Land has raised the price by two-thirds.

In this way, even if it loses, Hysan Land has won applause!

So, no matter what, Lin Zuhui seems to be losing face this time!

Here are some of your thoughts!

Lin Zuhui's expression quickly became relaxed, and he said with a smile: "Come, let's talk less about work when we meet, and then have fun!" ”

Zheng Yutong also said: "Yes, the party should talk less about work and have fun!" ”

.......

On Sunday morning, Lin Zuhui took Liang Zhenxun, Chen Bin, and Gao Yi to Enping Road.

Lin Zuhui pointed to the old building half a street and said domineeringly: "I have acquired all this old building, act quickly, and the price is just given!" ”

The old buildings he pointed to cover an area of 20,000~30,000 square feet.

However, the road where this place intersects is called 'Hysan Road', which is the home of Hysan Real Estate. In this area, Lee Garden Phase 6 and Lee Garden 2 are just a few hundred metres away from Hysan Place.

The place Lin Zuhui pointed to may be the future 'Garland Centre' site, the headquarters of Hysan Land.

The three of them immediately knew Lin Zuhui's intentions, which was 'a tooth for a tooth'.

Chen Bin said with a little worry: "If it is the owner of this property, what will the Li family do?" ”

The implication is that if this is the case, it belongs to 'nailing the building', and what will be done if Hysan Land makes the same trick in the future?

After all, the New Era Group is also in a situation where it is merging with the building.

Lin Zuhui said with a smile: "At present, Hysan Land has not announced the merger and redevelopment plan here, we are the first to come, and we can't let the entire Causeway Bay be allocated to Hysan Land." ”

First come, first served, a normal truth!

Liang Zhenxun said: "Yes, the boss must have predicted the intention of Hysan Real Estate and took them first!" If the owners of the property here do not have the Ritchie family, then we are prosperous. After the successful merger, a high-end commercial building of more than 600,000 square feet can be built here. If it is the property of the Li family, then we are the first to start the redevelopment plan and take the initiative. ”

Lin Zuhui nodded and said, "I am by no means for revenge, just for the development needs of the company." But let's move fast and don't give others a chance to react! Chinese Real Estate can be allowed to complete this project, and the cash flow on its account is sufficient! ”

A 600,000-square-foot high-end commercial building, separated by two or three streets from the Royal Household Building, can be said to be more valuable than the Royal Castle.

After returning to the office, Chen Bin hurriedly summoned the people from the marketing department to work overtime, formulated a team for merging the building, and officially began to contact the owners on Monday.

.......

Monday, May 2.

New Era Group began to keep silent about Hysan Land's anti-acquisition of Borrelli Construction, and did not accept interviews with reporters. Therefore, the market began to rumor that Lin Zuhui was shaved this time, as if he had lost face.

After all, Hysan Land's proposed reverse buyout price was $8.3 per share, while New Era Group's offer was only $5 per share (Paul Y. Construction's total share capital was 102 million shares).

If the New Era Group raises the price for the acquisition, even if it wins, it will be a 'big wrong', after all, Baohua Construction is not worth that money.

The media believe that Lin Zuhui and the New Era Group are the best choice.

In fact, at this time, Liang Botao was busy contacting the minority shareholders who owned Baohua Construction, and the New Era Group planned to absorb the shares to 51% of the safety line through the grey market, and then declare victory.

As for the full acquisition, the maximum price will not exceed 9 yuan per share, which is still affordable.

It's better than getting caught in the auction!

The so-called grey market is not through the formal trading platform to complete the transaction. New Era Group chose this method to increase its shareholdings, firstly, to avoid raising the price of Borrelli Construction, and secondly, to catch Hysan Land off guard.

At this time, although many shareholders have sold their shares to Hysan Land, there are still a considerable number of shareholders waiting for the bid of New Era Group.

......

This time, Hysan Land was born, which caused New Era Group a lot of losses, and more importantly, reputational losses.

"The Almighty Soldier King of the Female President"

Lin Zuhui, as the boss of the New Era Group, is also holding his breath!

On the same day, the six merging teams of the New Era Group were dispatched one after another and began to contact the 26 owners of the old street on Enping Road.

Li Fulai was the leader of one of the teams and found the first target owner in the morning.

"Mr. Sun, our New Era Real Estate wants to buy your unit in Enping Road, and the price must be fair!" Li Fulai made an appointment with someone at the owner's work unit and explained his intentions.

"This.... That place is a property that I plan to rent for a long time, and I don't plan to sell it! Mr. Sun said deliberately. In fact, at this time, the real estate in Xiangjiang was sluggish, and the area was so old that Mr. Sun intended to sell.

"Mr. Sun, wouldn't it be better for you to invest in property with our money. After all, the area is now an old-fashioned building, and the rent is not high. ”

"What price do you offer?"

"At present, the rent of your place is 50,000 a month, and the market price is almost worth more than 4 million, and we are willing to pay 4.8 million!"

Mr. Sun's eyelids jumped, and his heart fell into ecstasy, he was very satisfied with the price.

"More than four million are ugly, I don't like to bring 4!"

"This.... Mr. Sun, you know, that area is really old..."

After some rhetoric, the two parties reached a preliminary negotiation, the price was set at 5.15 million, and it was agreed to sign a contract in the law firm the next day.

Li Fulai knew that the reason why it was so smooth was that the company had spoken, and it could be signed quickly within 20% of the market price. If someone opens his mouth and says that he wants more than 20%, he will not consider it and will hand it over to a third-party intermediary company to talk about at that time.