Privatization via share buyback is not uncommon in Hong Kong.
This is not the first time that Li Zekai has privatized PCCW, but the only reason is that he is too greedy and does not even give the retail investors a drink. The overall valuation of PCCW, including Hong Kong Telecom, is about HK$43.3 billion, but at the price of every
Share repurchase for HKD 2.
After this calculation, the entire company is worth only HK$28.4 billion.
Li Zekai's repurchase of tradable shares is not only "zero cost", but can even earn net dividends. Isn't this bullying an honest person?
But the result was unexpected. More than 75% of independent shareholders voted in favor of the proposal, and it was finally passed by the shareholders' meeting.
"Just because of voting."
Lu Fei took a sip of Coke.
Li Jiajie nodded, "Soon the China Securities Regulatory Commission received an anonymous report and took away the voting records of the shareholders' meeting. Sure enough, something fishy was found in the shareholder register."
Lu Fei listened quietly. It turned out that he deliberately gave away 1,000 shares (1 lot) of PCCW shares to hundreds of Futong Insurance brokers for free in exchange for voting support.
"This is only a small-scale sample survey. The real data is even more shocking, so the voting results of the shareholders' meeting have been overturned." Li Jiajie explained the whole story clearly.
"It was also subject to a comprehensive investigation by the Commercial Crime Bureau."
Lu Fei knocked on the table, with a plan in mind.
"Not only the Commercial Crime Bureau, he will face a joint investigation by multiple regulatory agencies." Li Jiajie gloated.
"Then it's been almost a year, why haven't you taken action yet?" Lu Fei was surprised.
Li Jiajie said with a smile: "Sheng Lu, you should also know that some things will be handled quickly if someone is watching closely, and handled slowly if no one is watching closely. If no one is watching, naturally, haha, you know, this case is lacking."
Some strong and sustained attention.”
"I see."
Lu Fei couldn't help but think of those big and small short sellers who were betting against Penguin.
"But Lu Sheng doesn't need to worry about this."
Li Jiajie looked at him and said nothing.
From the look in his eyes, Lu Fei could see that he was quite excited, "This incident is quite interesting. It is a bit similar to the movie "Overheard" that I watched. Perhaps, we can make "Overheard 2" based on this incident.
There may be a market for it.”
Do you still need to be heartbroken to kill someone?
Li Zekai was simply nailed to the pillar of shame!
Li Jiajie was speechless. He was indeed the financial Satan who could short-squeeze Wall Street. It was really unlucky for Li Zekai to deal with him.
"It's just an immature idea."
Lu Fei laughed.
"cheers."
Li Jiajie had no hesitation in using Li Zekai as a pledge of surrender, so that the Li family could board Mr. Lu's aircraft carrier just like the Zheng family.
"cheers."
Lu Fei clinked glasses with him, his eyes shining.
Since Li Huanggua can't take care of his son and his dog, then he doesn't mind taking good care of them for him!
As expected, the Hong Kong media, with its vast resources, unexpectedly took photos of Li Jiajie and Lu Fei having dinner, and reported it with great fanfare:
"The Lu Fei consortium has added a new general! Sun Hung Kai's Crown Prince has joined the company! TVB's takeover battle has entered a fever pitch."
"Following the Miramar Hotel, Li and Li are fighting again. The 'Stock God' defeated 'Superman' in the last round. Who is the big winner this round?"
"The situation is one-sided. Can Chen Guoqiang and Li Zekai miraculously acquire TVB under the strong pressure of Lu Fei?"
"The TVB deal has not yet come to an end, and it is too early to tell the outcome."
These days, the Hong Kong media is like celebrating a festival. The sales of newspapers and magazines have gone up, and so have the ratings of TV stations.
The Eight Immortals of the media, in addition to analyzing TVB's acquisition from a professional perspective, even added fuel and jealousy to the story of Lu Fei and Li Zekai's personal grudges. The plot is comparable to "The Big Era".
The last article may still be a refreshing article about Mr. Lu and Long Aotian’s business war.
The next article is Li Zekai’s bloody and tearful revenge story.
This battle is like Ping'an County Geler, the commotion is getting louder and louder.
In the Xiangjiang entertainment circle, people only dare to watch from a distance and dare not comment. They are deeply afraid of harming themselves. Except for a few individuals, they support Li Zekai.
It's really a fight between gods and mortals who suffer.
"No way! I will never give up TVB!"
"Dad, have you ever thought about me? If TVB is acquired by Lu Fei, a street kid, what will be the future for my TV station? My only future as PCCW is cut off!"
"He put the knife on my neck. He was the one who did it first. Do I have to stretch my neck and let him kill me?"
"You lost to 'Uncle Four' at the Miramar Hotel. Do you want your son to lose to his son again on TVB?"
"Don't worry, I won't use a penny from the fund you gave me. Regarding the money, Chen Guoqiang and I will find a solution together!"
Li Zekai hung up the phone and directly rejected Li Huanggua's suggestion to terminate the acquisition. There was no turning back.
"Does that hurt him too much?"
Liang Luoshi brought the water in front of him and said weakly.
"Hurt your head!"
Li Zekai's face was ferocious, almost crazy. Liang Luoshi was so frightened that he stood there, trembling. At this moment, the phone rang.
The caller was his secretary, and he opened his mouth to bring bad news.
At this moment, a joint team composed of the police, Commercial Crime Bureau, Independent Commission Against Corruption and other parties raided PCCW. The vice president involved in the planning of the "vote harvesting incident" has been taken away, and a large number of people are searching the offices including him.
.
"You, what did you say! Say it again!"
Li Zekai couldn't help being surprised, but when the secretary mentioned that senior executives of Futong Insurance were also facing the same situation, his heart twitched suddenly.
"Prepare the car immediately, I'm going to the company now!"
Before he could set off, the doorbell rang.
The moment the nanny opened the door, a large number of police officers immediately rushed in. The chief of the commercial crimes section in the lead took out a search warrant, not only to search the entire mansion, but also to invite Li Zekai to drink coffee.
"Xiangjiang is a society governed by the rule of law. Don't mess around!"
"Don't mess around, Li Sheng, we are the police!"
"I want to see my lawyer!"
Li Zekai looked gloomy and gritted his teeth.
"Yes, but if you want to see me, you can only go to the police station. Please cooperate with us to return to the police station. You can remain silent, but everything you say will become evidence in court."
The commercial crime chief and the ICAC officers looked at each other.
Li Zekai pretended to be calm, "Who ordered you to do this? Is it Lu Fei? Is it him!"
"Li Sheng, please control your emotions."
The commercial crime chief said: "Put a hood on him!"
Li Zekai's vision went dark for a moment, and a black hood was covered on his head, with only his eyes and mouth exposed. Realizing the seriousness of the matter, he immediately turned around and shouted at Liang Luoshi: "Call! Call my dad! I'm being raped!"
The one who persecutes me! It’s Lu Fei who persecutes me! Lu Fei will do whatever it takes to get TVB!"
"Li Sheng, I don't care about your dispute with Lu Sheng, but I need to warn you one last time! There are a lot of media out there. If you say something wrong, be careful someone will sue you for slander!"
With a glance from the commercial crime section chief, someone accompanied Li Zekai out of the villa. There were many police cars and cars parked at the door.
A group of media, including TVB, swarmed in.
A long shot and a short cannon, shooting at Li Zekai who was wearing a hood.
Li Zekai was vaguely aware of the possibility of "social death" and angrily warned the media that because in order to ensure privacy, he bought the road in front of his house, paid 12 million Hong Kong dollars for the land price, and turned the road into a private road, so they were infringing the law.
.
"Kakaka~"
The media are not afraid, news is bigger than the sky.
After all, this is a historic moment, and it is also the scene that countless Xiangjiang citizens are most looking forward to seeing. There is reincarnation in the way of heaven!
As soon as the news of "Li Zekai was arrested" came out, the whole city was in an uproar, from the entertainment industry to the business world.
Unexpectedly, one second Li Zekai was allying with Chen Guoqiang to fight against Lu Fei, and the next second he was already a prisoner.
Although it only lasted 24 hours, for small and medium-sized shareholders of PCCW, it was a bad breath for them.
"Lawyer Li Zekai declares: Mr. Li is fully cooperating with the investigation. The relevant online comments are purely rumors and slander. Please do not believe or spread rumors. We will reserve the right to hold you accountable."
"Li Zekai is behind bars, and Lu Fei is behind the scenes?"
"Lawyer Lu Fei said: My client is shocked by the false reports about Mr. Li Zekai, sympathizes with the small and medium-sized investors involved in the case, and strongly warns those who maliciously spread rumors that we will reserve the right to pursue relevant responsibilities for any infringement."
"
"TVB is in trouble again, and US-funded funds may withdraw from the consortium."
"When something happened to his partner, Chen Guoqiang was in a dilemma."
"A Fei, you have just watched the news. Now Chen Guoqiang has become a polished commander. There is no way he can compete with us for TVB again!"
Xu Xin on the phone had a hint of pride in her laughter.
"Unless he and those from the mainland come up with HK$8.8 billion!"
Lu Fei lay on the sofa and rested his head on Gao Yuanyuan's legs.
While Gao Yuanyuan was feeding him strawberries, she heard him asking Xu Xin to modify the TVB acquisition agreement. Previously, Fang Yihua could take advantage of Chen Guoqiang's competition to propose a dominance clause, but now the offense and defense are different!
If you still want to own the land in Clear Water Bay, the maximum price will not exceed HK$8.6 billion, and you will have to pay for an additional board seat, that is, from the original 5 seats to 6 seats.
It is equivalent to completely controlling TVB's board of directors.
"What? I'm afraid that Mrs. Fang will refuse! Don't worry, she will definitely refuse, but if we don't ask for an exorbitant price, how can she counter-offer?"
After Lu Fei finished explaining, he put his phone aside.
"Would this make the negotiation collapse?"
Gao Yuanyuan blinked.
"We think too well of them. If we don't get tougher, they won't be able to position themselves correctly!"
Lu Fei curled his lips, "If I really want to deal with TVB, there are many tricks. TVB's internal staff, from artists to employees, have long been dissatisfied with their salaries. If someone is pushed behind the scenes to cause a salary dispute, then it won't be the case.
6.3 billion Hong Kong dollars.”
"Speaking of this matter, I met with Charmaine Sheh and the others at the premiere and chatted with them. They are very willing to go north to develop."
Gao Yuanyuan laughed and said that if Fang Yihua refused to compromise, she could also create the illusion of a wave of resignations among TVB's leading actresses.
After all, the Han and Tang Dynasties were the top of China Entertainment!
"Oh, our CEO has also learned bad things."
Lu Fei showed a playful smirk.
"The one who is close to vermillion is red, the one who is close to ink is black. I have been with you for a long time, so of course I look like you." Gao Yuanyuan smiled and ate a strawberry.
"But I don't want to use any of these tricks. I don't want you to take over a TVB with internal strife, internal strife, and internal strife. This is not good for anyone. It just depends on Fang Tai's lack of knowledge." Lu Fei said, "After all, I also
Not some kind of devil."
"You are not the devil, you are the devil!"
Gao Yuanyuan changed the topic, "Sister Zeng Li and the others will come to Hong Kong to attend the Hong Kong Film Awards in a few days. Do you want to get together then?"
"Forget it. I've stayed in Xiangjiang long enough. It's time to go to Pengcheng. Su Zifeng has something very important to report to me. China Microelectronics also has the latest breakthroughs in lithography machines. My
There are so many things to do, I want to focus on my career!”
Lu Fei looks at his nose with his eyes, and his nose looks at his heart.
"That's such a pity. Originally, I thought that on the day of the Academy Awards, if Sister Zeng Li really won a Grand Slam, I would celebrate her well and charter a cruise ship for her." Gao Yuanyuan said with a smile.
"Then you have fun."
Lu Fei looked sincere. To be honest, he had to pay rent to the landlord's mother-in-law these days, and the landlord's family was almost out of food, not even a grain.
Finally I understand why middle-aged people love fishing...
"It's better to stay, it won't last more than a few days."
Gao Yuanyuan shook her head and laughed, "Besides, TVB's acquisition is such a big deal. It's Superman Li and Superboy. I can't handle it. You can't just leave it to me. Even if you want to be the boss, you still have to wait for TVB to settle.
It’s decided, what do you think?”
"Well, that's right. Then stay in Xiangjiang for a few more days. I'll call Su Zifeng and ask her to come to Xiangjiang to meet her first."
Lu Fei pondered for a moment and nodded.
Gao Yuanyuan took the initiative to hand over her mobile phone. Before dialing, Xu Xin's call came in first, bringing some good news.
Regarding the acquisition of TVB, Chen Guoqiang decisively withdrew and asked Fang Yihua to be the middleman to smooth things over for both parties.
Li Zekai was investigated, which made Chen Guoqiang panic.
But instead of stepping forward himself, he pushed his wife Wu Wanlan out to explain to Mr. Lu the reason for his interference.
"Haha, you have the guts to compete with me for TVB, but don't have the guts to admit your mistake to me in person? Or is he waiting for a letter from Li Huanggua?"
There was disdain in Lu Fei's tone.
"Why don't you go and I'll go meet them?"
Xu Xin suggested: "Or, if you let your Yuanyuan suffer, come with me."
"I?"
Gao Yuanyuan couldn't help being surprised.
Lu Fei glanced at it and said: "Sister Xin, what a good idea, let Yuanyuan go with you, but you should still take the lead in the negotiation."
"Really let me go?"
Gao Yuanyuan's face was full of excitement.
"Of course! The main force behind this consortium's acquisition is our fund. As the hostess of the fund, you must go."
Lu Fei said with a smile: "Besides, you will be in charge of TVB from now on. If you go to see Fang Tai, you can get a feel for it and learn from it. If the key negotiations are successful, it will mean that Fang Tai personally hands over the baton of TVB to our Gao Tai. This scene,
Zizzizi.”
"I'm just afraid of messing up."
Gao Yuanyuan was excited and uneasy. She asked about the terms, bottom line, and details of the acquisition, and finally asked Chen Guoqiang.
"Then it depends on Chen Guoqiang's sincerity."
The corners of Lu Fei's mouth turned up, "Actually, we have done a favor to the couple. If Chen Guoqiang really wins TVB, will he be able to withstand the temptations of those Yingying Yanyans at TVB?"
"That means you can bear it?"
Gao Yuanyuan chuckled.
"I don't stay in Xiangjiang often, so it's impossible for them to have this opportunity!" Lu Fei opened his mouth.
Gao Yuanyuan rolled her eyes angrily and fed her a strawberry.
"By the way, Yuanyuan, there will be a question when the time comes, and you must ask it clearly for me."
"what is the problem?"
"Who are those mainland people in the consortium?"
