Chapter 276 Strongly takes over Xiangjiang Telecom
Author: Lin Zhonggu
Chapter 276 Strongly takes over Xiangjiang Telecom
Li Zhekai listened to the advice, thought for a moment, and agreed to his father's request. The main reason was that there was a hole of 200 million yuan. He couldn't hide it if he wanted to, so he had to ask his father to help solve it.
He is not a stubborn person. If he really plans to go all the way, he will not rely on his father's first investment to build a business empire worth hundreds of billions in the future.
In the afternoon of that day, Li Zhekai sold all the more than 20 million shares of Telecom he held, instantly breaking through the three-yuan defense line.
Telecom's stock price could no longer support it. It only took three minutes to go from three yuan to two and a half yuan.
Chinese Real Estate defeated Cheung Kong Group. Every time Liu Fuxiong saw this report, he felt unreasonably satisfied.
He is very glad that he chose Zheng Yaoyang. The once unattainable Cheung Kong Group has now become his defeat.
In life, choice is indeed more important than hard work.
Since acquiring the land on Chunfeng Road in Luohu, Liu Fuxiong has handed over all real estate projects to his subordinates for implementation and devoted himself to planning Xiangjiang Telecommunications for Zheng Yaoyang.
August 22nd, one o'clock in the afternoon.
Xiangjiang Telecom's quotation suddenly appeared, with countless large and small sell orders, and the stock price suddenly plummeted.
Liu Fuxiong noticed something unusual because they currently have a high degree of control over the market. 58% of the circulating stocks in the market and more than 40% of the stock accounts are under monitoring. The remaining 18% of the circulating stocks are basically held by retail investors.
However, at that moment, the market sold more than 4% of the stock, but it was below the 5% line.
This also means that by exposing Shuguang Fund, the biggest catfish fishing in troubled waters has finally cut its flesh and left the market.
Liu Fuxiong hurriedly called to inform Zheng Yaoyang of the good news and asked about the next step.
"Leaving now?"
Zheng Yaoyang raised his eyebrows, not happy.
According to his guess, the other party's cost price should be around five yuan. If the stock price reaches three yuan, he will leave the market, and the loss should be less than 50%.
With just this little courage, there is no future at all.
Zheng Yaoyang smacked his lips, feeling that it was boring. He pondered for a moment and then said: "Start collecting funds from now on, and Luo Huiyi's plan can also be launched."
Not long after, the call with Da Liu ended.
Zheng Yaoyang put down his mobile phone and saw Li Jiaxin and Gigi Lai swimming on the sea. As long as he was not around, the two of them ignored each other.
He took off his sunglasses, walked to the deck, jumped suddenly, and successfully entered the water from the yacht's slide.
She slapped her arms on the sea surface, pretending to be drowning, and successfully attracted the two of them to come closer.
"It's okay, I'm just pretending!"
Zheng Yaoyang smiled, held the two swimming rings, and forcibly pulled the two of them together.
He patted their butts, started the engine, and boarded the boat from the back of the yacht with the help of the human propeller.
Zheng Yaoyang stood in the bathroom, enjoying the feeling of being showered with water from head to toe, and said nicely: "I have to go to work tomorrow, and the relationship between you two must be on good terms."
Gigi Lai tidied up the swimming ring on the floor, glanced at Li Jiaxin secretly, and said with her pink and attractive mouth: "I will do whatever my brother and sister say."
Li Jiaxin looked at her coldly, not knowing how she could be so blind in the first place, and said softly: "Don't worry, I will take care of everything."
Zheng Yaoyang glanced at them, his eyes locked on Li Jiaxin, and he stretched out his hand to pull her into the bathroom.
Take off the few fabrics on your body, gently caress all parts of your body, and carefully wash away the traces of sea water.
Zheng Yaoyang pressed his chest against her back. While adjusting the trajectory, he put his chin on her collarbone and whispered softly: "Michele, don't be angry. Your position in my heart will always be unshakable."
If he wants to always enjoy the blessing of being together, then there must be accurate priorities among his girlfriends.
During this period, I have always been partial to Gigi Lai, and I should give appropriate care to Li Jiaxin to confirm her status.
Li Jiaxin's cheeks turned red, she groaned softly, raised Zheng Yaoyang's arm, and took a hard bite.
Zheng Yaoyang remained silent, smiling all the time. Li Jiaxin gave a stern look: "Then, I forgive you."
It's not like she hasn't thought about leaving Zheng Yaoyang, but this will only fulfill that little bitch Gigi Gigi.
The most important thing is that she can't find a replacement for Zheng Yaoyang. There are almost no people who are younger, more powerful and richer than him.
The adoring eyes and respectful tone of those wealthy ladies were the scene in her dreams. She really couldn't bear to give up everything she had now.
"You have forgiven me, but I have not forgiven you for being so cruel." Zheng Yaoyang chuckled, took Li Jiaxin's long legs, and carried them on his shoulders.
"Brother and sister, what are you playing at?" Li Zi frowned, unwilling to be left alone, and decisively applied to join.
The large yacht, filled with the smoke of battle, was slowly leaving the high seas and heading towards Victoria Harbor in Hong Kong.
At the same time, the Hong Kong Stock Exchange.
Liu Fuxiong followed Zheng Yaoyang's instructions and acted as the savior of Xiangjiang Telecom an hour before the market closed.
He started collecting money like crazy from 2.5 yuan. In order to reduce the cost of acquisition, his method of collecting money was very secretive.
It swept away the more than 20 million shares sold by Li Zhekai, but the stock price was also suppressed to below three yuan.
At the same time, Luo Huiyi was also taking action, entering and exiting major companies and signing share transfer contracts one after another.
Funds were like running water, being withdrawn from Sugon Fund's international account, and the acquisition plan was coming to an end.
It took 12 days and cost 1.15 billion Hong Kong dollars to successfully acquire 42.5% of the shares of Xiangjiang Telecom.
Only 16.5% of the shares were purchased from the secondary market, and the remaining 25% were transferred.
Early the next morning, Zheng Yaoyang came to HSBC for the 10.25% shares they held in Telecom.
As long as he gets the stocks held by HSBC, his share of stocks will reach 52.75%.
As long as you hold more than half of the shares, you can bypass Telecom's board of directors and take over directly.
Wells knew that the 10.25% stake was of great significance to Zheng Yaoyang. He did not raise the price from the ground up, but sold it at a 50% premium of five yuan.
If the status of both parties is equal, or the status of the other party is much higher than his, even if it is just a verbal agreement, it must be abided by.
That afternoon, when the Hong Kong stock market closed.
Zheng Yaoyang submitted the information to the Industrial and Commercial Department, applied for a change of controlling shareholder, and notified the outside world of officially controlling Telecom.
To put it simply, from the time he took the stage to the end of the press conference, it only took no more than three minutes.
The bodyguard stopped the enthusiastic reporters, and Zheng Yaoyang smiled faintly: "I'm sorry to ask all my friends from the press to make this trip. However, more specific details will not be disclosed to the outside world until our team takes control of the telecommunications company."
"I hope everyone will give me face and go back today to wait for the follow-up news. The big news in a few days will definitely satisfy everyone."
Zheng Yaoyang spoke in person, and the reporters did not dare to be disrespectful. They collectively watched them leave in the car, and at the same time, they were also looking forward to the subsequent blockbuster news.
After the press conference, Zheng Yaoyang went without stopping and led his team to the office building of Telecom.
None of the Telecom employees responded, and they only found out they had a new boss when they saw the news.
However, they did not resist. After all, Zheng Yaoyang had a good reputation. His enemies were miserable, his subordinates were happy, and his salary was almost the highest in Hong Kong.
Zheng Yaoyang's team was hardly blocked by anyone, and they successfully entered the conference room where the meeting was taking place.
Zheng Yaoyang pushed the door open, glanced around, and said with a smile: "It's a coincidence that there are so many people here today."
At this meeting, all the middle and senior management of Xiangjiang Telecom were present, which also saved him a lot of time.
Lin Defu looked at Zheng Yaoyang and said calmly: "Mr. Zheng is too anxious. The Hong Kong Stock Exchange has not approved the application for change of controlling shareholder."
"It's true that it didn't pass, but it only happened in a day or two."
Zheng Yaoyang nodded and said with a smile: "I'm just dropping by today, so I came in to take a look. I think Chairman Lin won't mind our unpretentious visit."
Lin Defu looked at the team of more than a dozen people behind Zheng Yaoyang: "Mr. Zheng brings so many people with him when he goes out?"
He motioned to the general manager of the company sitting at the bottom left to give up his seat to Zheng Yaoyang.
Zheng Yaoyang was not polite. He sat in the second position of the company, picked up the documents on the table and looked through them.
Throwing it aside, he said dissatisfiedly: "It is of little significance to continue discussing this topic at your meeting today. I think we can turn this over."
He holds more than half of the shares, and the board of directors is still discussing how to face his hostile takeover.
Lag information, poor execution capabilities, and frequent meetings are also common problems in companies that have been established for a long time.
Lin Defu put down the document in his hand and asked with a smile: "That's true. What's Mr. Zheng's advice?"
Zheng Yaoyang glanced at him, waved his hand gently, and the assistant immediately distributed documents and materials to everyone present.
There are three documents in total, one of which is Xiangjiang Telecom's delisting plan, another is the merger plan, and the last one is the implementation plan of the new system.
Someone saw the delisting plan first and couldn't help but slap the table angrily: "Zheng Sheng, do you know how hard we worked to get listed?"
There are currently only over 500 listed companies in the Hang Seng Index, and even an empty shell can be sold for hundreds of millions of Hong Kong dollars.
Moreover, once it is delisted from the Hong Kong Stock Exchange, it will be several times more difficult to list it again in the future.
Zheng Yaoyang said with a smile: "Companies go public just for financing. I have money, so I don't need financing."
He looked at everyone and asked: "But I am still very sensible. Let's vote by a show of hands."
Zheng Yaoyang raised his arms, and everyone present looked on with cold eyes. No one gave him a good look at all.
Zheng Yaoyang said with a smile: "I am the major shareholder and the controlling owner of the company, and I have one vote."