Chapter 146 146 [Cancellation of listing status]
Two days later
De'an Securities Investment Company and Zhao'an Real Estate Company jointly announced the completion of the transaction for the Garden Terrace residential building project in Mid-Levels District, De'an Securities Investment Company Became the largest shareholder of Zhao'an Real Estate Company, and Hehong Real Estate Company became the second largest shareholder.
Since the bosses of both companies are Luo Qihong, there have not been many changes, and Zhaoan Real Estate Company has not experienced any fluctuations in people's hearts.
The assets of Zhaoan Real Estate Company exceed 500 million yuan and the liabilities are close to 300 million yuan, of which 109 million yuan is owed to De'an Securities Investment Company.
According to Zhao'an Real Estate Company's net asset value of more than 200 million yuan, the current market value is only 178 million yuan, and the stock price is 1.98 yuan. There is still an increase of 0.5 yuan. The stock price will climb to 2.5 yuan, and the market value will not be the same. It will be less than 200 million yuan.
The market value of Zhaoan Real Estate Company was lower than the net asset value some time ago. This was done deliberately by Luo Qihong to facilitate current actions and allow private companies to profit.
In fact, De'an Securities Investment Company subscribed for new shares issued by Zhao'an Real Estate Company at a price of 3 yuan per share. It seems to be a loss, but in fact it is raising the share price of Zhao'an Real Estate Company.
But it still takes time to increase the stock price. After all, the properties held by Siu On Real Estate are of very high quality, such as Kashima Building in Wan Chai, On Lok Yuen Building in Central, Garden Terrace Residential Building in Mid-Levels, and several scattered properties.
The reporter has been digging for information on De'an Securities Investment Company, and soon discovered that the major shareholder behind it is still Luo Qihong. This is just a 'right-hand transaction', but Zhao'an Real Estate Company actually owns a building. Residential buildings in the mid-levels.
This does not prevent some economic experts from criticizing Luo Qihong, saying that Luo Qihong is speculating on stock prices so that private individuals can earn maximum profits from it. Some people even put it more ugly.
But stock investors don’t care so much. Anyway, they feel that the Garden Terrace Building is the property of Zhaoan Real Estate Company. The asset value is indeed very good and there is no fraud. The most important thing is that the stock price of Zhaoan Real Estate Company has There is a lot of room for growth, and this is an opportunity to make money.
How are investors willing to miss out!
Then Zhaoan Real Estate Company announced the "rights issue plan", which was handled by the major shareholder De'an Securities Investment Company. It offered 1 share for every 2 shares, which means that every 2 shares need to pay 2 yuan, raising 9,000 yuan. Ten thousand yuan was used to pay the final payment for the Garden Terrace residential building and to acquire high-quality commercial buildings in Kowloon.
Since Luo Qihong's private company accounted for the majority of the rights issue, of course, investors responded positively and successfully raised funds soon.
De'an Securities Investment Company and Hehong Real Estate Company hold a total of 60.912 million shares and require a rights issue of 60.912 million yuan. Therefore, Zhao'an Real Estate Company actually raised 29.088 million yuan and still owes De'an Securities Investment Company a final payment of 48.088 million yuan.
Wanguo Baotong Finance Company Conference Room
“Luo Sheng, we already hold 41% of the shares of Hexiang Trading Company, costing 64 million yuan, and the average price per share is 1.55 yuan. Gong Guoyan, the original major shareholder of Hexiang Trading Company, holds 38.7% of the shares, and Hehong Real Estate Company successfully became the largest shareholder of Hexiang Trading Company."
Liang Botao changed the topic and said, "But Gong Guoyan has already given up. Someone informed us that if we don’t give up the acquisition of Hexiang Trading, he will report to the Securities Commission and the Securities Regulatory Office that Hexiang Trading Company’s scattered shares on the stock market are less than 25%, and demand that Hexiang Trading Company’s status as a listed company be taken back.”
“Since it is to take back the listing status of Hexiang Trading Company, Hexiang Trading Company will take back the stocks held by small shareholders according to the current market price. This will be an important payment and even increase the burden on Hexiang Trading. The company’s difficult situation.”
Hearing this, Luo Qihong frowned deeply. He had to say that this move was indeed quite ruthless, and he was a bit brave. However, if he was scared away, Hehong Real Estate Company would definitely suffer losses.
On the contrary, by taking down Hexiang Trading Company, the interests of Hehong Real Estate Company can be guaranteed, and he will personally control the pace of profit, without being controlled by others.
Luo Qihong never likes to be controlled by others. This is not a simple investment. If it is a simple investment, it does not matter whether he controls Hexiang Trading Company or not.
"How do Liang Sheng think we should deal with this problem?" Luo Qihong asked, he really couldn't think of a way.
Liang Botao shook his head and said, "There are only two options at the moment, one is to reduce the shareholding, and the other is to let Hexiang Trading Company cancel its listing status."
"Can I break through Gong Guoyan?" Luo Qihong looked at Liang Botao expectantly. In fact, he already knew the answer, because Liang Botao only gave two choices.
As a professional acquisition expert, Liang Botao could not have thought of a way to break through Gong Guoyan. There was only one possibility, and that was that this road was blocked. Liang Botao responded, "I have already tried it. I asked a friend to contact Gong Guoyan. Unfortunately, this person is not very knowledgeable and only gives us these two options. Gong Guoyan definitely wants to scare us away. His current private funds should It’s very inadequate.”
“Since we don’t want to negotiate, let’s launch a comprehensive acquisition. We will take the opportunity to get more shares and gain more advantages.” Luo Qihong saw that the matter was irreversible. He didn't want to get too entangled. What he wanted was Hexiang Trading Company's trading channels, not its listing status.
The biggest benefit of being listed is the rights issue, which provides a large amount of funds for the company's development. Luo Qihong currently has a lot of funds that can be used in advance for acquisitions, so the status of a listed company is not that important.
And it's just a location. It can be listed on the backdoor in the future, just spend more money.
Liang Botao said, "Luo Sheng, I suggest acquiring another 300,000 shares. Hehong Real Estate already holds 41% of the shares. Once Hexiang Trading withdraws from the stock market, 20 million shares will be recalled and held. The 41 million shares will become a 51.2% shareholding, and he can completely control Hexiang Trading Company."
Luo Qihong still thought that it should be more prudent, so he objected, "No, we want to. To prevent Gong Guoyan from retaining one hand, try to acquire it. The stock price should be controlled within 2 yuan. We have sufficient funds and don’t save thousands or millions.”
Liang Botao saw Luo Qihong being so ‘generous’. , and don’t make too many suggestions. Luo Qihong’s statement is naturally relatively safe.
The next day
As expected, the Securities Regulatory Office sent a proposal to Wanguo Baotong Financial Company to cancel the listing of Hexiang Trading Company. In particular, it recommended that Wanguo Baotong Financial Company sell some of its shares to keep its shareholding within 35%.
Of course, the Securities Regulatory Office also issued a document to the original major shareholder Gong Guoyan, asking him to also keep his shareholding below 35%.
Gong Guoyan will most likely not follow the advice. After all, he is the one who reported it. If he is threatened instead, it will make everyone laugh.
Liang Botao responded accordingly and asked the Joint Committee of the Securities Regulatory Commission to cancel the listing status of Hexiang Trading Company. However, Wanguo Baotong Financial Company's acquisitions on the stock market did not stop.
General Manager’s Office of Hexiang Trading Company
Gong Guoyan, a tall man with a square face, sat on the leather chair with a gloomy expression. The skin on the left side of his face twitched slightly, as if he was suppressing his angry mood.
At this time, a young woman in rich clothes walked in, holding a lunch box in her hand. Seeing Gong Guoyan's face turned so dark, she gently persuaded, "It's common for employees below to do wrong things. Being angry often is bad for the liver." No. Come on, let’s have lunch first.”
This woman is Gong Guoyan’s wife, but she is not his wife, but his former secretary, who is now in charge.
Gong Guoyan's expression softened slightly and said, "Let's eat later. I'm not in the mood now."
"What's wrong?" The young woman Li Qiqi saw something and followed Gong after all. Guoyan has been with him for many years and is quite familiar with him.
Faced with the tenderness of his beloved wife, Gong Guoyan talked about the difficulties facing the company and asked Li Qiqi's opinion in disguise.
"I have read a lot of reports about Luo Qihong in newsprint. This person has a domineering style. It seems that we are in danger. It is very disadvantageous for us to fight a stalemate with such a person. "Li Qiqi looked at Gong Guoyan's face and said, "Husband, why don't we quit Hexiang Trading and use the money to acquire another company?"
After hearing this, Gong. Guoyan's face turned darker, but he still listened to his wife's words. The current situation was indeed very unfavorable to him. If he continued to fight to the death, the situation would become even more unfavorable.
But he really can’t lose face, not to mention that the company’s current listing status is not guaranteed. Luo Qihong is likely to take the opportunity to lower the price, or directly ‘cut off’.
Seeing this, Li Qiqi said, "Why don't I go talk to the finance company and Luo Qihong, and you will come forward after the negotiation is completed. This will leave room for both parties."
Gong Guoyan believed in Li Qiqi and didn't think there would be anything wrong with it, so he nodded in agreement.
(End of this chapter)