Chapter 896 It’s just that there’s a lot of money

Kus Baker, president of South Africa's mih group, is extremely dissatisfied with Lin Feng's banditry. When it first invested in Tencent, it was because South Africa's mih group had a vision. Now that Tencent has become developed, the company wants to take back its equity. How can it be so cheap? What's more, now

Lam Feng controls Tencent. Fools all know that Tencent’s share price will skyrocket in the future. Who would sell Tencent at this time?

"Mr. Baker, you have to understand that we have no ill intentions towards the South African MIH Group and welcome you to hold Tencent shares. However, for the long-term and stable development of Tencent, we do not want any shareholder to have enough power to affect Tencent's equity structure."

Stable shares." Lin Feng said with a smile.

Cus-Baker laughed angrily when he heard this. If the single shareholder of Tencent holds the largest shareholding, Lin Feng actually said that he was afraid that a certain shareholder would hold shares that would affect Tencent's equity structure and wanted to weaken it.

, this is too ridiculous. Isn't this a typical case where only state officials are allowed to set fires, but the people are not allowed to light lamps?

"Mr. Baker, if you are willing to sell 7% of your Tencent shares, I am willing to purchase it at a price of HK$110 per share (currently HK$87 per share). What do you think of Mr. Baker?" Lin Feng asked.

"Mr. Lin, please don't waste your time. We will not sell any of our Tencent shares," Kus-Baker said with a sneer.

Lin Feng smiled.

"Mr. Baker, it is your right to refuse. However, if you refuse, then I can only continue to increase my holdings to weaken the Tencent shares held by your group." Lin Feng did not hide his intention.

"Huh, Mr. Lin, don't forget, we will also increase our stock holdings through the stock market." Kus-Baker sneered.

If Tencent continues to increase its holdings of shares, the South African MIH Group will also continue to buy and maintain sufficient shares. The South African MIH Group has been optimistic about Tencent's future prospects from the beginning, and now that Lin Feng has settled in, the future is bound to be even more unlimited.

He will never give up any Tencent stock in his hands. What's more, Cus-Baker also hopes to control Tencent one day.

Lin Feng was not surprised by Kus-Baker's choice. Unfortunately, this plan to increase stock holdings was something that the South African mih Group could not refuse. Lin Feng checked and found that the cash held by the South African mih Group did not exceed US$300 million. As long as

If Lam Fung increases his holdings by another 400 million shares, the South African MIH Group will be short of cash. After Lam Fung controls Tencent and holds 50.1% of the shares, although he only has 200 million US dollars in cash, he can withdraw from the "Second Game" at any time.

"Withdrawing US$3 billion in cash, Lin Feng can also borrow money through the "Second Bank".

It can be said that in playing this kind of capital game, the South African mih group is far from Lin Feng's opponent. Although the South African mih group can also borrow funds through banks, it needs interest to borrow money, and the interest rates of banks for borrowing large amounts of funds are definitely not high.

Low. On the contrary, the "Second Bank" belongs to Lin Feng, and its interest rates are undoubtedly far lower than those of the South African MIH Group.

Kus-Baker had a gloomy look on his face. If Lin Feng really played this kind of capital game with him, the South African MIH Group would definitely not be a match. On the contrary, it might even put the entire group company in danger because all the liquidity was invested in Tencent stocks.

.

"Mr. Baker, if you are willing to sell 7% of the Tencent shares held by your group, then your company will have an executive director seat in Tencent. At the same time, my company will consider more and deeper cooperation with your company. For example, television broadcasting

, the Internet and other aspects of cooperation." Lin Feng naturally will not just be strong, but also want to give people some benefits when appropriate. Otherwise, no one will do things that are completely useless unless they are forced to do nothing.

Cus Baker was moved when he heard this. If he could cooperate with Lin Feng, it would be of great benefit to the development of South Africa's mih group in mainland China. What's more, Lin Feng's tentacles have begun to spread all over the world. If he can establish a good relationship with Lin Feng,

This is beneficial to the global development of South African mih Group.

"Mr. Baker, please think about it carefully. I hope that Mr. Baker can finally make a decision that will make both parties happy." Lin Feng said and hung up the phone.

Lin Feng is not absolutely sure whether Kus-Baker will agree to cooperate. However, if they don't cooperate, Tencent will take tough measures. If they cooperate, both parties will be happy. It depends on whether Kus-Baker will resist due to a temporary dispute of temper.

.

Lin Feng felt relaxed for a while, but Kus-Baker had a terrible headache. The current market value of South Africa's mih group is only more than 4 billion US dollars, which is less than the market value of Tencent. In addition to holding 35.4% of Tencent's shares, which is commendable, the company's other businesses

Relatively speaking, it is almost worth mentioning. Therefore, from the bottom of his heart, Cus-Baker is unwilling to give up his Tencent shares. But now Lin Feng’s strength makes Cus-Baker a little helpless. If he does not give up, Lin Feng will

We will continue to increase our holdings and expand Tencent's liquidity. If the South African MIH Group does not sell, the shares in its hands will continue to weaken until it is weakened to 25% in Lin Feng's mind. And in this way, the two parties are completely at odds.

After thinking for a long time, Cus-Baker shook his head helplessly. Now that the situation was stronger than others, he had to compromise. This time he was facing Lin Feng, the richest man in the world, who held billions of dollars in his hands. He had no confidence at all.

Lam Feng contends. What's more, Lam Feng has just acquired "Standard Chartered Bank" and turned it into a private "Second Bank". It can lend money through the "Second Bank". This kind of capital game is not something that the small South African MIH Group can play.

It's better to follow Lin Feng's wishes and sell 7% of the shares in his hand, so that everyone will be happy. At the same time, he can make Lin Feng a friend and lay the foundation for future cooperation between the two parties in many aspects.

There is no way, Lin Feng has more money!

What's more, Kusi-Baker is also afraid that Lin Feng will snipe at the South African mih group in the stock market because of the non-cooperation of the South African mih group. At that time, if Lin Feng really snipes at the South African mih group on the NASDAQ in the United States, then Kusi-Baker

Baker really has no place to cry. Now it is just the cash of the South African MIH Group.

Subsequently, Kus-Baker convened a board meeting. After analyzing the causes and consequences, many directors, although dissatisfied with Lin Feng's domineering behavior, could only agree in the end. As for Ms. Liu, she learned about the situation through an online video conference and issued an absolute protest.

, but the 11.6% shares in her hands were simply not enough to affect the overall situation. In the end, the board of directors of South Africa's mih Group passed a proposal and decided to sell 7% of Tencent's shares to Lin Feng at a price of HK$110 per share.

When Lin Feng received the call from Kus Baker, he showed a satisfied smile. Obviously, Kus Baker made a decision that everyone was happy with.

"Mr. Baker, thank you for making a wise decision. I think we will have many opportunities to cooperate in the future." Lin Feng said and hung up the phone.

Later, Lam Feng withdrew US$3 billion in cash from Second Game and completed the transaction with the South African mih Group. Lam Feng acquired 7% of Tencent shares from the South African mih Group at a price of HK$110 per share, for a total of US$1.91 billion.

However, holding so many shares is not a good thing.

"Lin, if we acquire another 7% of the shares of the South African MIH Group, we will hold a total of 57.1% of Tencent's shares. This is too high for a listed company, and the capital it occupies is too large. Learn from Capital

It's not wise to say," Abby Cohen said.

Lin Feng nodded. Indeed, owning 57.1% of the shares of a listed company is indeed too much. Based on Tencent's current price of 89 Hong Kong dollars, this almost occupies 12.55 billion US dollars of Lin Feng's capital and consumes almost all of Lin Feng's cash. Counting from

Of the US$3 billion in cash mobilized by the "Second Game", Lam Feng only holds US$1.23 billion in cash. He also has to complete the acquisition of Bank of East Asia. Currently, Lam Feng owns a total of 20% of the shares of Bank of East Asia. Liao Bixin passed

The HK$3.66 billion obtained from the sale of shares in Liao Chong Hing Bank purchased a total of 8.2% of Bank of East Asia's shares.

Counting the 20% shares held by Lin Feng, the two parties hold a total of 28.2% of the shares of Bank of East Asia, and are already the largest shareholder of Bank of East Asia. But if you want to support Liao Bixin to become the chairman of Bank of East Asia as she wishes, then this

A few shares are not enough. Lin Feng still needs to continue to acquire. This requires funds!

Although Lin Feng can borrow funds through the "Second Bank", the "Second Bank" is still in the process of integration. Unless it is a last resort, Lin Feng does not want to borrow funds through the "Second Bank" to fulfill his wishes.

"Well, Abby, at a suitable price, I will sell part of my Tencent shares." Lin Feng said thoughtfully.

Abby Cohen nodded. This would be the best. Otherwise, Lin Feng would have so many Tencent shares in his hands, which would be a waste of resources. This is like having money in the bank that is not used. No matter how much money is left in the bank that is not used, it is just a pile of useless money.

Meaningful numbers only have meaning when used.

Subsequently, when Tencent officially announced that the South African MIH Group had reduced its holdings of 7% of Tencent's shares, and Lin Feng finally personally held 57.1% of Tencent's shares, the dispute between Tencent and Lin Feng was completely settled. The outside world only knew about this matter.

It can be described as speechless.

Now Lam Feng holds 57.1% of Tencent's shares, making him the largest shareholder of Tencent. South Africa's MIH Group has also reduced its holdings of Tencent shares to 24.86%, which no longer poses any threat to Lam Feng. Moreover, the outside world imagines that Lam Feng

The dispute with Ma Huateng also came to an end when Lin Feng voluntarily gave up the position of chairman and only served as a special adviser. It can be said that although Tencent has gone through a crazy and chaotic stage, it eventually embarked on a more...

A glorious avenue. This road will lead directly to Rome!

As for Lin Feng, after taking this opportunity to annex Tencent, he has become the well-deserved IT overlord in the country, and his IT empire is ready to emerge.

But the last brick that contributed to Lam Fung’s IT empire, or Lam Fung’s business empire, was the Bank of East Asia.
Chapter completed!