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Chapter 23 Not Accepting Credit

 The first way is to refuse to cancel the B-share privileges.

The second method is to change the status of the listed company's joint venture from a subsidiary to an associated company, that is, to reduce the shareholding in the joint venture.

But no matter which method is adopted, it is unrealistic. You can refuse to cancel the B-share privilege once, but it does not mean that it can be canceled every time, nor does it mean that the other party will cease its activities.

The second method is even slower and requires a long time of operation.

Now that the other party is looking for them, it is obvious that they are well prepared.

You can listen to the other person’s thoughts first.

So Madden smiled and said, "It turns out that the person who has attracted our company in the stock market in the past two days is Mike. I am very happy that you have become one of the shareholders of our company."

After saying that, he asked someone to prepare coffee, and then changed the subject, "But convening a special shareholders' meeting is not something that can be arranged immediately."

"I know." Xu Luo said with a smile, "So I brought a second plan. If you don't agree to cancel the B-share privileges, I will fully acquire Wheelock at a price of 5 yuan tomorrow."

Madden's eyes immediately flashed with disgust. This young man really didn't know how high the sky was.

When Jardine wanted to acquire Wheelock, it had to spend nearly 700 million Hong Kong dollars. Could it be that he could still acquire Wheelock with more than 1 billion Hong Kong dollars?

"This price is not high, but do you think someone will sell it?" Madden remained calm and smiled, "But I have to praise your courage for being able to raise our stock price to HK$6."
p>

"Although our Wheelock stock price has been very stable, I still recommend that you hold it."

Xu Luo smiled and shook his head.

"Even if no one sells, I can still sell." He said, "The reason why I came to you is to ask you to buy the 6.5 million A shares in my hand at a price of HK$6."

Madden instantly felt that this guy was crazy.

The stock originally cost 2.5 Hong Kong dollars, but now he is asked to bid 6 Hong Kong dollars?

Even if he had water in his head, he wouldn't be able to buy back the shares at such a high price, right?

Without waiting for him to ridicule, Xu Luo added: "If you don't buy it, I will consider selling to Jardine. As far as I know, although Jardine and Land failed to acquire Wheelock a few years ago, they still hold

Wheelock 3.3 million A shares."

"That's about 11.8% of Wheelock's total assets. You think, if I sell my 6.5 million shares to them now, can they acquire Wheelock?"

"I think, if you add the 6.5 million shares in my hand, it will be easy for Jardine to acquire Wheelock."

Farke!

As soon as he heard Xu Luo's idea, Ma Deng immediately wanted to scold his mother.

If Jardine really holds 3.3 million A shares of Wheelock, plus this guy’s 6.5 million shares, that’s 9.8 million shares, making him another major shareholder of Wheelock. Taking Wheelock is simply

It’s too relaxing.

However, Madden still smiled and said, "You said that Jardine holds 3.3 million A shares in Wheelock. Why should I believe this news?"

"Mr. Madden, whether you believe it or not is up to you, but it is no longer easy for you to keep Wheelock." Xu Luo also smiled.

He took out a business card and said, "This is my business card. If Mr. Madden doesn't come up with an idea today, tomorrow either I will fully acquire Wheelock, or Jardine Matheson will buy out my shares."

"Looking forward to your call, bye!"

After saying that, he turned around and left Madden's office without even drinking the coffee.

"Fake!"

Madden swept the coffee intended for Xu Luo onto the ground.

Are all young people today so brave?

Since you dare to come to blackmail him?

But we still need to be careful about the news that Jardine Matheson holds 3.3 million A shares in Wheelock.

I’d rather believe it exists.

It's better than being in a mess when the time comes.

So Madden immediately sent someone to investigate, while he himself discussed with the Zhang Yuliang family, another major shareholder of Wheelock.

Focus on Xu Luo’s door-to-door delivery of warmth.

I learned that the person who had been causing trouble in the stock market in the past two days was a guy named Xu Luo, who already held 6.5 million A shares, plus the information revealed by Xu Luo.

The Zhang Yuliang family was also shocked.

If this guy really sold 6.5 million A shares to Jardine, if Jardine really already has that many shares.

That’s really overwhelming.

After discussing it, the two decided to immediately reduce their holdings in the joint enterprise.

At the same time, Jardine Matheson's shareholding in Wheelock will be closely investigated.

On the stock market, investors and traders were confused when they saw that Wheelock's stock price remained calm today.

You must know that yesterday Wheelock's stock market was extremely weird, but today it has pulled the price to the trading price of 2.5 the day before yesterday.

And those who did not sell at more than HK$4 yesterday will feel regretful in their intestines.

This is simply an evil door opening the door for evil, and all the evil doors are open.

Just when everyone thought that Wheelock's stock price would definitely maintain a price of HK$2.50 for ten thousand years.

A company called Unicorn Investment suddenly announced that it would fully acquire Wheelock at a price of HK$3.5 per A share and HK$0.35 per B share.

With such a sudden move, the Madden and Zhang Yuliang families could only passively respond and were completely led by the nose.

Madden has cursed Xu Luo countless times.

Didn’t this damn guy explain that Genius was going to take over a full acquisition half an hour ago?

How could a full acquisition be proposed today?

However, no matter how much you curse, you can't change the stock market.

Under the heavy profits, Wheelock's position was instantly in chaos.

Countless people in the stock market began to sell orders.

Even crazier than yesterday.

Because everyone is worried that Wheelock’s stock price will not exceed HK$3.5, and it will be lost again when the time comes.

With such crazy selling, Wheelock could only passively buy its own stocks at a high price to prevent them from being bought by Xu Luo or Jardine Matheson.

However, at this time, an even worse news reached the ears of Wheelock's board of directors.

Jardine Matheson does hold 3.3 million A shares in Wheelock.

Madden was completely dumbfounded by this news.

Unexpectedly, Yihe is still evil-minded.

No wonder Xu Luo said he would sell the 6.5 million A shares to Jardine.

After discussing with the Zhang Yuliang family, Ma Deng immediately called Xu Luo and said that he could buy back Wheelock's shares. As for the price, we could discuss it then.

So Xu Luo showed up in Madden's office less than an hour after leaving Wheelock.

After a brief hello to Madden, he said: "At a price of HKD 6, I will sell you the 650 A shares. Either I will fully acquire Wheelock, or I will sell these 650 shares to Jardine Matheson."



Madden immediately showed displeasure and said, "Mac, you are really talking big. Wheelock's previous share price was only HK$2.5. You bought 1 million shares when it was HK$6.1 and 5.5 million shares when it was HK$2.8.

The total cost is about 21.5 million."

"Now you want me to buy it with 39 million, which means that between this entry and the exit, you will earn 17.5 million from Wheelock. Do you think this is possible?"<

/p>

Faced with Madden's displeasure, Xu Luo smiled and said, "If you don't buy it, we will raise the price and fully acquire Wheelock."

"Or sell it to Jardine Matheson. After all, Jardine Matheson has wanted to acquire Wheelock for a long time. They must be interested in these 6.5 million A shares."

Hearing this, Madden immediately wanted to throw the coffee in his hand into Xu Luo's face.

This damn guy is so annoying.

If eyes could kill, Xu Luo would definitely be riddled with holes now.

Madden gritted his teeth for almost ten seconds and said, "Six dollars in Hong Kong dollars, pass it on immediately."

He could not accept Jardine Matheson buying the 6.5 million A shares, nor could he accept Wheelock being acquired by Xu Luo.

Because he hasn't figured out the details of this guy yet. If the other party really brings a huge sum of money, Wheelock will probably change owners in three days, and it will be unrealistic to issue B shares by then.

Although he also knows the hidden dangers of B shares, it is too late to change his strategy.

Even if he had to bear the pain of cutting his flesh, he had to agree.

"OK!" Xu Luo immediately agreed, "Our company is a small business and only accepts cash payments and does not accept credit."

Madden: "..."
Chapter completed!
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