Chapter 143 143 [Scheming]
It is impossible to exchange all of the Garden Terrace residential building worth 190 million yuan (a premium of 200 million yuan and 230 million yuan) for the new shares issued by Siu On Real Estate Company. Part of the payment was in cash, and Zhaoan Real Estate Company had no extra cash at all, so it could only default on the payment to the new company.
If you do this, you will increase the debt of Zhaoan Real Estate Company, and it will still be a large amount of debt.
Not long after, secretary Cheng Jianshen walked in, holding a document report in his hand (Cheng Jianshen moved from Paramount Company), "Boss, there is news that the electric lighting company, the real estate company, the Yangtze River Industrial Company, the meeting Defeng Company is preparing to jointly establish a group company called International City, and it will be listed on the Far East Exchange on December 1 with a share capital of 3 billion yuan and a public offering of 450 million new shares. ”
Luo Qihong took the report, flipped through it a few times, and said, "Cheung Kong Industrial Company accounts for 25%, Electric Lighting Company accounts for 24%, Land Company accounts for 20%, and Wheelock Company accounts for 6%, which is exactly 75%. It seems that this is I don’t intend to let other people benefit from it.”
"It is indeed a big deal. The former site of the North Point Electric Road Power Plant owned by the Electric Light Company, the land at No. 8200 in Jardine's Lookout, and the five pieces of land in Tsuen Wan are all worth NT$2.3 billion. It seems that once the International City Company is listed, It will definitely rise sharply.”
Luo Qihong doesn’t have much impression of the 8200 Jardine’s Lookout site and the five plots of land in Tsuen Wan, but the former North Point power plant site of the Electric Light Company was a famous project that developed into a city in its previous life. There are 13 residential buildings and one high-end office building in the garden, with a total building area of 3.178 million square feet.
"Is there any way you can get the new shares for public sale?" Luo Qihong looked at Cheng Jianshen and asked.
Cheng Jianshen replied respectfully, "There are some channels you can use, and you can probably get 1 million shares."
"1.7 yuan per share, 1 million yuan is only 1.7 million yuan, it's trivial !" Luo Qihong said calmly, "Then you go ahead. If you win 1 million shares, I will give you a credit."
"Thank you, boss! I will definitely win more new shares of International City Company for the company." Cheng Jianshen said with some excitement. Of course, he was not satisfied with being a secretary. Now is the period of rapid development of the boss, so he naturally wants to earn more credit.
Hearing such good news, Luo Qihong immediately called Zhang Taotao, "Hey! Mr. Zhang? I am Luo Qihong, can you get some new shares of International City Company for me?"
"What? I can only get 3 million shares?!" Luo Qihong thought that he could get 5 million shares with 450 million shares, but 3 million shares is better than none, "Okay, then 3 million shares."
Then he called Bai Jinyan and asked him to buy some new shares of International City Company for De'an Securities Investment Company. This was the company's first battle and it must make a big profit.
Although Bai Jinyan promised, Luo Qihong knew that the new shares that De'an Securities Investment could get would not be too many, and he did not need De'an Securities Investment to make a lot more money on this project. The main thing was It is to build a reputation and deliver great benefits to individuals.
The main money-making project still depends on Zhao'an Real Estate Company. Even if it issues new shares worth 100 million yuan to De'an Securities Investment Company, it can still make double the profit.
The next day
Hongpu Real Estate Company began to sell a large number of Best Real Estate Company shares, and the stock price began to fluctuate, first stopping rising, and then falling slightly.
The selling of stocks by Hongpu Real Estate Company triggered the selling by Landlords Association and Yiren Real Estate Company. The stock price fell further, and the drop suddenly exceeded 20%.
Hongpu Real Estate Company Conference Room
Shen Zhou, the founder of Best Real Estate Company, a 62-year-old man, sits on Li Yude's lower left hand, next to his eldest son Shen Xing. This old man Shen Zhou is not a fuel-efficient lamp. When he saw three companies competing for Best Real Estate, no one was willing to buy it at the market price, so Shen Zhou split his 42% equity and sold it to three companies.
Century City Company received 7%, Xinchang Real Estate received 10%, Hongpu Real Estate received 8%, and Shen Zhou still holds 17% of the shares.
An acquisition war broke out, and the winner was naturally the founder, who wanted to take advantage of the high price to sell. However, the stock price plummeted at this time, and even if he sold, no one might take over.
So, Shen Zhou came to visit again, with an obvious purpose: he wanted to sell his shares at a high price.
"Shen Sheng, it is impossible for the 15% of Best Real Estate Company's shares in your hand to be sold at the current stock price. Hongpu Real Estate Company can only acquire it at the stock price before the takeover war broke out." Li Yude said with a smile.
In fact, Li Yude had already sent his regards to Shen Zhou’s family in his heart. Such a sinister approach has made all the companies involved in the acquisition war have a bad impression of Shen Zhou.
"Ahem!!" Shen Zhou coughed a few times, took a few breaths, and said, "Li Sheng, there are many companies still eyeing Best Real Estate. If Hongpu Real Estate obtains 15% of the equity in my hands, , should be able to win from it and let Hongpu Real Estate control Best Real Estate.”
“Your company purchased a lot of stocks at high prices on the stock market. The current stock price has dropped a lot from the previous stock price, but it is impossible. Return to the stock price before the takeover war."
Li Yude counterattacked, "That can't be the current stock price. Besides, the equity held by Hongpu Real Estate Company is very small, even if it is obtained by Shen Sheng. 15%, the shareholding will not exceed 20%, and there is still no absolute chance of winning.”
"Daddy, let's go back to Century City Company. They hold 23% of the equity of Black & Decker Real Estate Company. They are definitely interested in our 15% equity, and they are already willing to acquire it at the market price." Shen Xing pretended to whisper to Shen Zhou said.
In such a quiet conference room, the small voice was also loud, and all these words reached the ears of three people.
Lin Luoqi was a little annoyed, "Shen Sheng and Xiao Shen Sheng should sell their equity to Century City Company. Our Hongpu Real Estate Company will withdraw from this acquisition."
Luo Qihong smiled. Said: "Shen Sheng, we are all smart people, there is no need to use these tricks. I believe that people from Century City will not acquire at the current stock price, or even use the stock price before the acquisition war. As for the reason, I think Shen Sheng knows better than we do.”
“Shen Sheng’s purpose is to let us continue to fight so that we can reap the benefits. Let me ask one more question, how much equity does Shen Sheng hold in Best Real Estate Company? ?”
Shen Zhou took a deep look at Luo Qihong and did not rush to answer. Instead, he considered how to maximize his own interests.
Luo Qihong did not force Shen Zhou to answer immediately. He believed that Shen Zhou would make a choice that was beneficial to him.
Luo Qihong even stopped Lin Luoqi's attack and gave Shen Zhou enough time to think.
(End of this chapter)