Chapter 209 209 [Sure enough]
As a company operator, Yang Mingkun is still too emotional. If the company only relies on favors, it will not be able to last long.
Furthermore, the company must make profits, not charity. It must be ruthless when necessary, otherwise more people will follow. For example, the remaining people in the company and the fired workers will not get generous compensation. compensation.
However, it is precisely because of this that Luo Qihong is willing to continue to cooperate with Yang Mingkun, and is willing to patiently explain and discuss with Yang Mingkun to find a more appropriate solution.
If it were anyone else, Luo Qihong would give the order directly, and his decision would be implemented regardless of whether he thought about it or not.
In late April, Qiu Deba, who had been lying in wait for a long time, finally entrusted Luo Fuqi and Sons Finance Company to launch a comprehensive acquisition of Zhaoan Real Estate Company, indicating that he already held 35.1% of the equity of Zhaoan Real Estate Company.
When Luo Qihong saw the news, he was not angry, but relieved, and finally shot the arrow that had not been fired.
"Boss, the purchase price announced by Luo Fuqi and Sons Financial Company is 14 yuan per share, which is about a 10% premium. Should we let Wanguo Baotong Financial Company launch a counter-takeover?" Cheng Jianshen asked impatiently.
Luo Qihong pursed his lips and smiled and said, "Don't worry, I have asked De'an Securities Company to increase its shareholding to 49%. Qiu Deba's acquisition is impossible to succeed. If we rush to launch countermeasures, instead It will allow Qiu Deba to achieve his goal. "
"If he does not respond, Qiu Deba's shares must be sold and the stock price cannot rise quickly. He will definitely suffer heavy losses and he will not be able to gain anything. "
Seeing that their boss was so confident, Cheng Jianshen and others were a little relieved, but they were still a little worried. After all, the other party was a long-established tycoon in Southeast Asia, backed by two banks, and had a lot of cash.
Luo Qihong really didn't believe that Qiu Deba would pay several times the price to acquire Zhaoan Real Estate Company, but he still wanted to drive down the stock price, which would be even more detrimental to Qiu Deba.
"Jian Shen, you immediately announced in the name of the company that Qiu Deba and Luo Fuqi's financial company was a hostile takeover. They wanted to snipe Zhao'an Real Estate Company, intending to raise the stock price, and then sell it while it was high. To make a profit, and at the same time tell shareholders that Qiu Deba's comprehensive acquisition is impossible to succeed because De'an Securities already holds 49% of the shares." Luo Qihong had a sneer at the corner of his mouth.
This Southeast Asian tycoon actually wants to step on Zhaoan Real Estate Company and his head to accumulate great fame. Don't even think about it. He, Luo Qihong, has never been a groveling bitch, so of course he has to fight back.
The current counterattack is part of the defense. Only when this matter is over will Luo Qihong launch a real 'counterattack'.
"Yes! Boss!" Cheng Jianshen immediately left the office.
At this time, the exchange was already bustling with people, and the investors holding Zhaoan Real Estate Company shares were even more excited, and the traders were very busy.
“The tycoons from Southeast Asia are really powerful. Even tycoons like Luo Qihong dare to move. The share price of Zhaoan Real Estate Company has risen to 14 yuan.”
“Just now Zhaoan Real Estate Company released statement, severely denounced Qiu Deba's comprehensive acquisition. "
"What's important? Luo Qihong said that Zhao'an Real Estate Company's largest shareholder, De'an Securities Investment Company, already holds 49% of the shares. It is difficult to acquire successfully.”
"Will the stock price fall?"
The announcement of Zhaoan Real Estate Company had a big impact. Those shareholders were worried that the stock price would fall back to its original position, so some shareholders began to respond to the announcement of Luo Fuqi and Sons Finance Company. Acquisition plan, registered to sell shares of Zhaoan Real Estate Company under his name.
There are also many shareholders who don’t believe that the stock price will fall, or they believe in Luo Qihong’s management ability. After all, Zhaoan Real Estate Company’s market value increased from tens of millions of yuan to 1.2 billion yuan in Luo Qihong’s hands. It only took a short time. Just over a year.
If Luo Qihong is given more time, the market value and asset value of Zhaoan Real Estate Company will definitely exceed the current 1.2 billion yuan.
Cheng Jianshen saw that this news was beneficial to himself, so he asked people to publicize on the four major stock exchanges "the huge benefits of Zhaoan Real Estate Company being run by Luo Qihong" and to badmouth Qiu Deba. It is said that Qiu Deba is from Nanyang and does not have a deep understanding of the urban situation in Xiangjiang. If Siu On Real Estate Company is handed over to him, it is likely to become worse and worse.
At the same time, under the operation of Luo Qihong, rumors about Qiu Teck Puat spread in the Hong Kong area, saying that Qiu Teck Puat could not last long. The directors of both AmBank and Brunei Bank were worried Qiu Deba's crazy behavior is very objectionable.
The directors of the two banks are working together to replace Qiu Deba as the person in power and cut off Qiu Deba's source of funds.
Just before the stock market closed that afternoon, the share price of Zhaoan Real Estate Company fell to 13.4 yuan, a decrease of 1 yuan. However, most investors did not continue to sell stocks, but believed in Luo Qihong's management ability.
Although Luo Fuqi and Sons Finance Company has not announced that the acquisition has failed, in fact, the acquisition has failed, but it has not admitted it.
Zhaoan Real Estate Company Office
Luo Qihong sat on the leather chair with a happy face, listening to the work reports of senior executives.
"Before the market closed today, many companies' stocks appeared on the stock market. It is suspected that they were sold by Luo Fuqi and Sons Financial Company. This is also one of the reasons for the decline in stock prices." Cheng Jianshen said.
"Qiu Deba, the dragon crossing the river, will probably be bruised and bruised by the boss's hands." Chen Zhilong took the opportunity to flatter him.
Luo Qihong smiled and said, "You guys underestimate Qiu Deba too much. This old guy never really wanted to acquire Zhaoan Real Estate Company from the beginning. He just wanted to borrow the names of Zhaoan Real Estate Company and me. To build his reputation in Xiangjiang, his goal has been achieved.”
"However, the other purpose cannot be achieved. Losing some money should not be a big deal to this tycoon."
"If he loses, wouldn't it damage his reputation?" Kang Wenyi He said doubtfully.
Luo Qihong glanced at Kang Wenyi and said with a smile, "Qiu Deba is a dragon crossing the river. He has a good reputation in Southeast Asia, but what kind of reputation can he have in Hong Kong? So even if he loses, what loss will he have to his reputation? ?”
“On the contrary, Qiu Deba’s name will be remembered by the people of Hong Kong. This is his first step into Hong Kong. Next, he should actually acquire a listed company and then increase the stock price. ”
The senior executives nodded, it seemed that this was the case.
Luo Qihong said, "It is also beneficial to us. It will further promote the reputation of Zhao'an Real Estate Company and carry out the subsequent fund-raising rights issue."
Hearing this, Cheng Jianshen raised doubts and said, "Boss, The current situation in the local market is not very good, and it may be difficult to raise funds through rights issues. Can we wait?”
Luo Qihong shook his head, “We can’t wait any longer, the situation in the local market will get worse and worse. . After reaching the peak in the middle of last year, it has been falling all the way, and it is still not good. If the crisis comes, our plan will really come to nothing."
"I am worried that if the shareholders do not respond, it will be ruined. Due to the reputation that the company has worked so hard to accumulate, many real estate companies have now experienced varying degrees of problems, and banks have reduced loan amounts." Cheng Jianshen explained the reason for his suggestion.
Although he was doing it for the good of the company, he was refuting the boss's decision after all. If he was disliked by the boss, it would be more of a loss than a gain.
"It is true that the market situation is not good, but we still have to act according to the plan. This is the best for Zhaoan Real Estate. If there is a problem with the fund-raising rights issue, I will let my affiliated companies take over those rights issues. "Luo Qihong waved his hand and said plan B on the spot.
(End of this chapter)