Chapter 171 171 [Can't care anymore]
If I had known earlier, I should have increased my stake to more than 40% at all costs. After all, I was just taking luck.
Luo Qihong sighed secretly, it was a bit scary that the acquisition of Towngas Company would require 1.25 billion yuan of funds.
However, Luo Qihong felt that it was worth it when he thought that in his previous life, Towngas had a market value of 24.5 billion yuan in 1995 and was one of the top 20 companies in Hong Kong.
Even if Zhaoan Real Estate Company, Hexiang Trading Company, Yonghua Company, or even all its assets are to be sold now, Luo Qihong will not hesitate.
Want to chat with Li Zhaoji?
Luo Qihong immediately vetoed it. A strongman like Li Zhaoji would not give up on the acquisition of Towngas Company just because of a few words. Such a high-quality company involves the whole plan of the family. If one link is missing, the entire plan will be triggered. Collapsed.
So, chatting will not have the slightest effect, the only way to see the truth is in the stock market.
So, Luo Qihong personally called Bai Jinyan and asked her to acquire the shares of China Gas Company at all costs, and the funds would be immediately available.
In fact, Luo Qihong did not have a huge amount of funds of 440 million yuan, so he called Zhang Taotao and asked Zhang Taotao to help sell all stocks except Hutchison Whampoa Company to withdraw the funds as soon as possible.
On the other side, the general manager's office of Sun Hung Kai Securities
The base character of 'Sun Hung Kai' comes from Li Zhaoji's base, which shows the friendship between Li Zhaoji and Feng Jingxi.
As long as friendship is established, some so-called systems and rules will naturally be in vain, so all the investment records of Luo Qihong's companies in Sun Hung Kai Securities appeared in Li Zhaoji's hands.
Not long after, Li Zhaoji put down the document and said to Feng Jingxi, "Brother Xi, this Luo Qihong is not simple. Although they are short-term investment projects, they are sure to hit every time, and the profit rate is not low, the worst 20%, it seems that Luo Qihong’s strength is not as simple as it appears.”
Feng Jingxi is a big boss in the securities industry, but Li Zhaoji also had the title of ‘Asian Stock God’ in his previous life, so the two of them are very interested in stocks. The understanding of securities is not much different.
Feng Jingxi nodded, "On the surface, Luo Qihong's investment doesn't have many highlights, but if you look deeper, this guy is really not simple. I heard that his private investment in the stock market is even greater. You have to be prepared for a head-on confrontation."
As a representative of Chinese-funded tycoons, Li Zhaoji knows that the standard for Chinese hidden strength has always been twice the apparent assets, and even three times or four times the apparent assets. It is normal for Luo Qihong to have a large amount of hidden assets.
But if this is the case, Li Zhaoji will be in trouble. Luo Qihong holds 36% of the shares of China Gas Company. Once the holding increases to more than 40%, it will be difficult for him to win even if he joins Hutchison Whampoa.
Even if he finally takes over the China Gas Company, he will suffer heavy losses.
"Well! According to the investments in the report, the investment turnover of Paramount Restaurant Company, Zhao'an Real Estate Company, and Hongpu Real Estate Company exceeded 300 million yuan, and Luo Qihong's private investment amount should be no less than 300 million yuan. Yuan.”
"But Luo Qihong has recently acquired several companies, and the cash flow must have been reduced a lot. The best time is now, taking advantage of Luo Qihong's opportunity to mobilize funds."
Li Zhaoji analyzed in a deep voice, as long as he has With more than 25% of his shares, Towngas Company basically belongs to him.
Feng Jingxi felt that the possibility of Li Zhaoji's success was low. After all, the other party was not a small figure. He also had some achievements in the business world and had advantages.
However, Feng Jingxi would not persuade Li Zhaoji. There were many fathers and sons in Xiangjiang who fell out because of money, not to mention that they were just ordinary sworn brothers.
Hunting someone's way of making money is tantamount to killing their parents.
"Does Brother Xi have any connections with the Bank of East Asia?" Li Zhaoji asked, obviously he wanted to further force Luo Qihong.
Feng Jingxi thought for a while and said with a smile, "I have some friendship with people like Li Fushu, but don't think about this. When Luo Qihong signed the contract with the Bank of East Asia, he kept an eye on it. Once East Asia If the bank defaults, it will need to pay a fine of 1 billion yuan." Upon hearing such a heavy penalty, Li Zhaoji immediately stopped thinking about taking out a loan from the Bank of East Asia. The penalty could buy half of the China Gas Company.
Luo Qihong was very worried about the forced acquisition of Yonghua Company and China Gas Company. He understood the priorities of the matter very well. China Gas Company must be firmly in his hands, even if Pay a huge price.
In fact, if Luo Qihong had sufficient funds, he would definitely give Li Zhaoji a big slap in the face, take action against Li Zhaoji's Yongtai Construction Company and Henderson Photo Industry Company, and directly initiate acquisitions to see how Li Zhaoji responded.
Unfortunately, Luo Qihong's funds are too small to launch an effective and decent acquisition case, and it will also make counter-takeovers somewhat difficult.
The next morning
The news of the acquisition of Towngas Company spread like wildfire, and the stock price began to skyrocket, rising from 12.2 yuan to 13 yuan, the market value increased by 160 million yuan, and the market value was 26 billion.
Stock investors subconsciously believed that this was an acquisition war no better than the Wharf acquisition, and began to buy desperately while waiting for the stock price to skyrocket.
Luo Qihong is personally in charge of De'an Securities Investment Company, and some problems need to be solved by him on the spot, otherwise it is easy to miss the opportunity.
Soon after the market closed at noon, Bai Jinyan held the document, knocked on the door and walked into the office, "This morning, we have acquired 2.3% of the China Gas Company stock from the stock market, consuming 58 million yuan of funds."
“The situation in the morning was pretty good, but I’m afraid it won’t be so smooth in the afternoon. There are fewer and fewer stocks on the stock market. It is estimated that there may only be 1% of acquisitions in the afternoon, but the funds required will not be small.”< br>
After acquiring 2.3% of the shares, Naluo Qihong now holds 38.3% of the shares, which is still 7% away from the target value.
“Let’s go on, we have no choice but to bite the bullet.” Luo Qihong let out a long breath, “Before the market opens in the afternoon, we will announce our equity holdings to the outside world, and we must disclose it to the outside world. Announced that the acquisition will stop at 43%. "You want to use a small acquisition space to force investors to make a choice?" Bai Jinyan instantly understood what Luo Qihong meant.
Luo Qihong nodded, "Yes, prolonging the acquisition war is really detrimental to us. Only a quick resolution is in our interests."
In fact, Luo Qihong is worried that the time will drag on. Too much time will lead to accidents. As long as the time is short and he takes advantage, he can have a greater chance of winning, otherwise it will be more beneficial to Li Zhaoji.
“It is better to set the upper limit to 41%, which will better stimulate investors to hand over their stocks. Then we can delay the announcement of the acquisition progress.” Bai Jinyan suggested.
"Okay, let's announce it to the public at 41% as you said." Luo Qihong thought for a while and said, "The acquisition price should not be too low, let's give it a premium of 20%."
The premium is 20%, that is, It's 15.6 yuan per share, which is already very sincere.
"Yes, then I will make arrangements immediately." Bai Jinyan immediately turned around and left the office.
At the same time, a private room in the Oriental Mandarin Hotel
The landlord association Gao Kaiquan and Zhong Wei, the second largest shareholder of Zhaoan Real Estate Company Zhao Qicheng, the Lin Luoxun brothers of the Lin Zuhui family and Standard Chartered Bank Vice President Liu Jiehui gathered together to discuss how to deal with Luo Qihong.
"Haha!! Li Zhaoji from Henderson Land Development Company did us a big favor. Luo Qihong definitely doesn't have the time or energy to take care of Yonghua Company now." Lin Luoshi poured a glass of red wine into his mouth, cheerfully smiling.
Everyone's faces were filled with joy. They all wanted to see Luo Qihong in trouble. Now that Li Zhaoji had attracted the main firepower for them, they were naturally smiling.
(End of this chapter)