Chapter 625 [Vulnerable]
When Hengchang Holdings learned that someone had gone down to grab the chips of China and Pakistan, it officially put the acquisition on the bright side.
On February 1, Peregrine Company, the financial company representing Hengchang Holdings, officially announced that Hengchang Holdings would fully acquire China Pakistan Company at 23.5 yuan per share (a premium of 28%), and Hengchang Holdings currently holds 23.8%.
In fact, compared with Guo Huonian's Kerry Company, which was carried out at about the same time, the hostile acquisition of TVB companies, a medium bus is nothing. After all, TVB is a star enterprise in Xiangjiang, more influential than a listed company with a market value of 10 billion, although it is currently completely defeated by ATV.
However, behind Hengchang Holdings is the New Era Group, and behind the New Era Group is Lin Zuhui; In this way, the attention of the citizens was instantly diverted.
For a time, public opinion was shaken, and citizens competed to discuss.
"Lin Sheng did a good job, the service of the bus is really poor, and he is ready to get off work after working overtime at night, and he always does not send a car."
"Yes, the Yan family is not interested in the bus business at all, and there is no original intention of service."
"To improve the traffic environment of Xiangjiang, Lin Sheng is simply our idol!"
The praise is overwhelming, Lin Zuhui really doesn't want other real estate developers to be 'infamous', and the 'idols' of Xiangjiang people are not called in vain.
Of course, there are also those who retort:
"The capitalists have such good intentions, Lin Zuhui has monopolized the media communication, clothing retail, real estate and construction in Xiangjiang, and now he just wants to meddle in the bus business!"
However, this malicious speculation is somewhat untenable.
"What you are talking about, since you are the boss of a listed company, of course, you must be responsible for the shareholders, so the New Era Group will definitely make money when it enters the bus field. However, everyone knows how poor the service and hardware of China Bus is, and it is completely incomparable with KMB and Citybus. Therefore, if a large company comes to operate, I believe that there will be improvement. ”
"That is, it can't be any worse, Lin Sheng is a good-looking person! Besides, Lin Sheng donates more than 500 million Hong Kong dollars a year, do you think he doesn't care about reputation? ”
In short, positive public opinion is far greater than negative public opinion.
The citizens of Xiangjiang have suffered for a long time!
The media were very powerful, and soon got the news that the founder of China and Pakistan was overly frightened and admitted to the Hong Kong Sanatorium and Hospital to save his life because he heard that the company had been acquired by hostile takeover.
For a time, the Yan family became a joke.
The matter is not over yet, after Hengchang Holdings officially announced the acquisition, the Chinese and Pakistani workers were dissatisfied with the low salary, and brewed a strike for two days, and almost made a big mistake for a while.
Then, the board of directors of China and Pakistan led by the Yan family did not negotiate with the Chinese and Pakistani labor side for the first time, which was described by the media as chaos. Fortunately, Hengchang Holdings sent a senior executive to mediate, saying that once the acquisition is completed, it is inevitable that the salary of Chinese and Brazilian employees will be raised.
Hengchang Holdings has even declared a 'victory' in the media, talking about the new policy after the acquisition of China Pakistan: the purchase of new buses, the improvement of management systems and employee benefits, and the introduction of the UK's largest ground transportation agency, First Group, for modernization.....
Public opinion was in an uproar, and Hengchang Holdings did not take the Yan family seriously at all, and had already declared a 'victory'. However, the public and the labor side of China Bus have expressed their support for Hengchang Holdings to replace the Gan family and become the owner of China Bus Company.
........
Hong Kong Sanatorium & Hospital.
Yan Chengkun regretted not being at the beginning, and he had already agreed to the Raushzi 'Octopus' smart card experiment, and it would not even be a crisis for Zhonghua Bus.
"How? Have you launched a counter-takeover, you must keep China Bus, that is the country I have worked so hard to build. ”
Yan Jieling said hesitantly: "The anti-takeover requires 800 million Hong Kong dollars in cash, and we can't take it out for a while!" ”
Yan Chengkun was so angry that he vomited blood, with so much cash, it was impossible for the Yan family to take it out immediately. The Yan family's net worth is indeed expensive, but they are all fixed assets, and the cash is about the same as one or two hundred million.
"Those Chaozhou fellows who are looking for me, Chaozhou people are the most united, I am the permanent honorary president of the Chaozhou Chamber of Commerce, they will not give face!"
Henry Yan immediately said: "Baba, that's the old yellow calendar, now it's Lin Zuhui who is in power, and those people are hiding from us." Even when they saw us, they said they were very embarrassed, after all, it was a loss-making business. ”
The premium is 30%, or even higher, and the small and medium-sized rich in Xiangjiang said that they are not stupid and do not do wrongs.
And the rich will not get involved in this kind of acquisition war, the big fish eat the small fish, and the small fish eat the shrimp, which is the rule of the shopping mall.
What's more, this time, everyone can be regarded as seeing how good public opinion is to the New Era Group, and everyone dares to offend the world!
Yan Chengkun was very angry, but in order to save his life, he could only control his emotions, he hoped to live past the age of 100 and live beyond the millennium.
"I don't care about you little brutes, don't bother me!" In the end, Yan Chengkun understood.
People in their sixties were somewhat embarrassed to be scolded as 'little brutes', but the three Yan sisters and brothers seemed to be relieved.
Of course, they want to keep the company, but if they don't, they are more afraid that their father will scold the three of them; Therefore, now that Baba is no longer involved in this matter, the three of them have no worries, whether to fight back or give up, the three of them can make their own decisions.
.......
Cheung Kong Asset Group.
Li Zeju also has his own views on the recent China-Pakistan acquisition war, so he couldn't help but say to Li Chaoren: "This Lin Zuhui is already the richest man in the world, and he is not afraid of losing his dignity and reputation for such a high-profile 'hostile takeover' of China and Pakistan. ”
Li Chaoren glanced at his eldest son, and his face first showed a trace of satisfaction, because he knows how to keep a low profile, and in recent years, public opinion in Xiangjiang has not been very friendly to real estate developers, so he often teaches his son to be low-key. (ps: As everyone knows, the thief of the century is already tracking Li Zeju.) )
However, Li Chaoren still continued to educate: "You only see the surface, in fact, if you look at it, the current public opinion is even more unfavorable to the Yan family." Hengchang Holdings' hostile takeover of China and Pakistan is like 'eliminating harm for the people'. Therefore, Lin Zuhui is still concerned about his reputation and has done a lot of work beforehand. ”
Hearing this, Li Zeju said a little angrily: "Back then, my younger brother quietly agreed to sell Satellite TV to Lin Zuhui, but I didn't know that it was to let Lin Zuhui completely control the public opinion of Xiangjiang. ”
Of course, Li Chaoren also knew this, if Lin Zuhui talked to him directly, he would definitely find a way to refuse, after all, Lin Zuhui's monopoly on public opinion in Xiangjiang was too powerful.
"This is his strength, he knows that your brother has the intention of standing on his own, so he invited Zekai to his yacht to talk. After your brother agrees, it is impossible for us to refuse again, which is not conducive to family unity and morally untenable. Therefore, the same young people, you have to learn more, although it is very important to be upright in the shopping mall, but the shopping mall itself is also a battlefield, and you must have more strategies. ”
"Yes, Father!"
.......
Over the weekend, the Yan family did not issue an anti-takeover, and for a while, public opinion looked at the Yan family, predicting that they would not be able to launch an anti-takeover. In this public opinion situation, it is expected that the winner or loser will be decided next week.
Of course, it also made many shareholders who held shares in China and Pakistan scold the Yan family for being cowardly as a mouse; Back then, in the face of Palibao, he still knew that he would pull allies to fight back, but now he is so timid in the face of Hengchang Holdings.
In fact, only the Gan family knows the situation, assuming that the Gan family initiates a reverse takeover, once the shareholding exceeds 35%, it is reasonable to launch a full takeover. Therefore, 800 million Hong Kong dollars is only a guarantee of 'fighting power', and once Gan touches the full acquisition line, it will need to pay 2 or 3 billion Hong Kong dollars in cash.
This is also the reason why no one wants to wade into troubled waters, after all, if they are sentenced to 'act in concert', they must also be fully acquired.
........
Monday, February 5.
The takeover of China and Pakistan has become a foregone conclusion, and Gan's financial resources cannot launch an anti-takeover at all, especially the consequences of touching the full line. For example, once Yan's shareholding reaches 35%, then Hengchang Holdings can go to the Stock Exchange to accuse and let the Yan family fully acquire Zhongba.
What the Yan family is most afraid of is, of course, that Hengchang Holdings will sell all the shares in its hands to them at the highest price in the past six months, and they will have to buy it at that time.
Vice versa, if Hengchang Holdings holds more than 35% of the shares, Gan can also sell its shares to Hengchang Holdings.
Of course, in Lin Zuhui's view, it is definitely necessary to maintain the listing status of China and Pakistan, so if the shares exceed 90%, Hengchang Holdings can also be placed to other investors through the bank to ensure the listing status. This is not a problem for Hengchang Holdings.
In the morning, Liang Zhenxun came to Lin Zuhui's office and said: "Boss, the price of gold in New York has risen to $418 per ounce. ”
Lin did not panic, he started buying at $401 an ounce, then bought above $410, with an average price of about $407 an ounce. If you want to blow up, gold must rise to at least $430 an ounce.
"Well, if it goes up to $420 an ounce again, it adds another $50 million. I am bearish on gold, and the reason for this gold surge has been analyzed, and it is not a political and economic event, it is purely someone pushing it higher. That being the case, a fall in gold is inevitable, and you should not forget that central banks are already selling gold. ”
Liang Zhenxun nodded and said: "The Bank of Belgium sold 150 tons of gold in the first ten months of last year. However, could it be that central banks are powerless to do anything about gold's rise? ”
The reasons are very complicated, but Lin Zuhui is a person with memories of his past life, and gold fell sharply in the late nineties, which is a trend.
"It's right to sell short, thinking too much will affect the thinking of investment."
Liang Zhenxun immediately said: "The boss is right! "With the general trend of the boss, it seems that he has not been defeated. At the end of 1994, I bought Sony, but after a slight mistake, I immediately changed direction and made a lot of money after the Sakajin earthquake.
Today's Sony's stock price has risen by more than 20% in half a year, and the situation is very good.
After Liang Zhenxun left, Lin Zuhui frowned slightly, mainly because he didn't know how much gold would rise. At present, New Era has bought $3 billion in gold futures today, and Hengjin Investment has bought $6 billion in gold futures (both with 20 times leverage), as if it has become a big speculator in gold futures.
Therefore, if it suddenly soars by more than 4% in a single day, then he will blow up his position, and it will be too late to make up his position.
In fact.
On the same day, after gold had climbed to $418 an ounce, major fund companies were immediately ready to cash out their positions and put their money into the US stock market. As for the little crocodiles that are eyeing Asia, they are not sick in the brain.
........
Three days later, Hengchang Holdings announced that it had acquired a 76% stake in China and Pakistan, winning the acquisition.
There are still 10 days before the acquisition deadline, so Hengchang Holdings is still continuing to acquire, but at this time, the Chinese and Pakistani stocks on the market have risen by more than 40% compared with before the acquisition, so for some investors, there is a high probability that they will not choose to hand over their chips.
In other words, China and Pakistan will remain listed (less than 90%) of the shares.
Yuan Tianfan came to Lin Zuhui's office and reported the specific acquisition, and the New Era Group spent about 2.8 billion, and the price was acceptable.
"The dispatch of the management, the takeover of the China Bus Company, and the bus business promised to the citizens must be carried out perfectly. China and Pakistan have real estate projects, don't sell them for the time being, and wait until we have sorted out the company. ”
"Okay, I got it!"
A large number of real estate projects in China and Pakistan will not let Hengchang Holdings lose money this time, and it can even make a big profit. After all, real estate is about to rise by more than 50%, so why worry about not recovering the cost!
Therefore, at the end of the year, the Yan family may regret it very much. Knowing that the real estate situation is so good, even if they don't launch a counter-takeover, they can speculate on the stock price before making a move.
Of course, this is all hindsight.
........
Hong Kong Sanatorium & Hospital.
Yuan Tianfan, as the chairman of the China and Pakistan Company, finished reading Yan Chengkun, the founder of the China and Pakistan Company, fortunately, Yan Chengkun is now 95 years old, and he wants to live past 100 years old, so he did not stand up and beat people.
After a brief walk-through, Yuan Tianfan left the Hong Kong Sanatorium & Hospital, accompanied by several CPG executives.
"The wolf is ambitious, and the young man is ambitious......" Yan Chengkun still couldn't help but curse behind his back.
Yan Jieling hurriedly patted her boss on the back and persuaded: "Boss, we have obtained more than a billion in cash, and it is not a loss!" ”
Yan Chengkun immediately put out his majesty and said, "I'm not dead yet, you just want to divide the family property?" ”
"Don't dare"
"Lao Ba is angry, we just ask you what to do?"
Yan Chengkun breathed a sigh of relief, and then said: "Since we are doing real estate, let's set up a real estate company and continue to invest all the funds in real estate in Xiangjiang." I am the chairman of the company, and you three sisters and brothers work together to take care of this company, and it will always be yours in the future! ”
The three sisters and brothers hurriedly expressed their attitudes, more or less slanderous in their hearts, and they still had to live under the majesty of the old man. In the opinion of the three of them, it is best to divide it, and then everyone sets up their own real estate companies and takes care of them.
At this point, the three of them had to obey their orders.
As everyone knows, due to the Yan family's excessive pursuit of high real estate, it suffered heavy losses in the Asian financial crisis.
After all, once you change your fate, you will either go in a good direction or a bad direction. Without this incident, the existing real estate projects in China and Pakistan could have been sold before the financial crisis and a large amount of cash flow, and even if the financial crisis came, China and Pakistan would have survived the difficulties because they had sufficient cash. PS: You must know that in the previous life, China Bus obtained a profit cash flow of 800 million Hong Kong dollars in 1997, and the bus business only accounted for 25% of the profit.
.......
Although the Sino-Pakistani acquisition war was won by Hengchang Holdings, the media public opinion has always existed, and they did not expect the Yan family to give up Sino-Pakistan so easily; This is very different from the performance of the hostile takeover of Paliburg.
"In the face of strong strength, the Yan family is vulnerable!"
Of course, after Hengchang Holdings acquired China and Brazil, it raised the wages of the labor side by 15% for the first time, which also received a lot of praise.