At Singapore Changi International Airport, Tang An and his team got off the plane. Zhou Yongqiang, director and president of Mediacorp, personally came to greet him.
"Hello, Mr. Zhou, could you please make a trip?"
Zhou Yongqiang shook hands with Tang An and said with a smile, "Dr. Tang, you're welcome. The car has been arranged. Let's talk about it on the way."
This time "Edge of Tomorrow" has a box office of US$30 million in Asia. As a distributor, they have made a lot of money from other copyrights, not to mention MediaCorp's promotion channels in Asia.
Surrounded by two teams of bodyguards, they came out of the airport and got into the motorcade at the door, all of which were luxury cars.
MediaCorp's campaign is still strong, and it looks like they won't be returning empty-handed from this trip.
The largest shareholder of Tudou is Temasek Holdings, the parent company of MediaCorp, and it is also one of the largest and most powerful companies in Singapore.
This company controls nearly 50% of the shares in the Singapore stock market, and there is no doubt that it dominates Singapore's economic destiny.
Banking, petroleum, communications, real estate, transportation... covering all industries across the country.
To put it simply, Temasek ≈ Singapore economy, this name was once the place name of Singapore.
Moreover, Temasek has also invested in my country Construction Bank, China Minsheng Banking Corporation, China Banking Corporation, Industrial and Commercial Bank of China, Standard Chartered Bank, Indonesian International Bank, India's second largest bank icici and other large state-owned banks in several Southeast Asian countries.
There are also Pacific Insurance, Ping An Insurance, Alibaba, Jingdong, Yashili, Ctrip...
This is the real Big Mac, equivalent to General Electric in the United States and Siemens in Germany.
21.3% of Tudou's shares are in the hands of Temasek, which invested in the last round of financing in July 2010, which was worth US$35 million at the time.
Tang An is not sure whether they can get it, but such a big company will definitely not care about a mere potato, but Tang An can help them expand channels in the entire Asian film market.
Although it is only a channel for the film market, various other industries can use this to open up gaps one by one.
I had met Zhou Yongqiang when he was discussing "Painted Skin 2" in Beijing. This time I asked him to contact the senior management of Temasek, so Tang An stopped hiding it.
"Mr. Zhou, how have you considered my proposal this time?"
"Director Tang, I can't get involved in this matter. The person in charge of the reception is Mr. Luo Xide, the co-president of the investment portfolio strategy and risk group. He is also the co-president of Southeast Asia and is responsible for developing the Southeast Asian market." Zhou Yongqiang added.
He is really a big shot. Although there are at least forty or fifty people of this level in Temasek, anyone who comes to the country must be personally received by the mayor and secretary.
The more attention the other party pays, the more confident they will be.
The motorcade arrived at Orchard Road, which is the hinterland of Singapore. The Presidential Palace and embassies of various countries are located on this road.
An ordinary office building, not a whole building, only occupied five, six or seven floors, not much bigger than Hantang Media.
It is this small three-story office building with more than 300 employees that controls the economic lifeline of Singapore.
Zhou Yongqiang brought Tang An to an ordinary conference room. The other party was already waiting, a total of 5 people.
"Hello Mr. Rossiter."
"Hello Mr. Tang."
The two parties greeted each other, and a hint of surprise flashed in Rossid's eyes. Apparently, Tang An's age also surprised him.
However, there are too many people in the world who have surpassed Tang An's current achievements before the age of 30, so there is nothing surprising.
Before the meeting, the other party also understood Tang An's intention, and after a few words of greeting, the meeting officially began.
"Mr. Rossid, we are willing to acquire all of your Tudou shares at a premium of US$40 million."
Rosid took the contract from Tang An without reading it, put it in front of him, and said with a smile, "Mr. Tang, Tudou's current valuation is US$500 million. Is this 21.3% stake only worth US$40 million?"
?”
"In July 2010, you acquired this 21.3% stake with a financing price of US$35 million. At that time, the valuation given by Wall Street in the United States was 500 million. What do you think, Mr. Rossid?"
At that time, Tudou had a bright future. It was the second largest video website in China, and its valuation of 500 million was not surprising.
Without Wang Wei's divorce case, 40 million would not be enough.
But now Wang Wei is in a quagmire, the company has postponed its listing, and the original good situation no longer exists.
The Internet company bubble was too big. Ahli later had a market value greater than General Electric, but even 5 Ahli could not be exchanged for a GE.
Rosid did not refute and said with a smile, "As long as Wang Wei resolves its current predicament and re-lists, Tudou's market value will not be less than 500 million."
"If he fails to solve it, once the capital chain cannot be listed and the capital chain is broken, the whole potato will be dragged down."
...
Tang An once again made a condition, "Mr. Luo Xide, I can entrust the Asian distribution rights of the movies invested by Hantang Media in the next five years to New Media Group, and shoot a series of "囧" movies for your country within three years!"
Rosid became interested, "Like "囧囧"?"
MediaCorp has always paid close attention to the mainland market. Since "囧囧" was released in the mainland, the number of Chinese tourists traveling to Chiang Mai has increased fivefold, and per capita consumption has nearly doubled.
Moreover, according to analysis by statistical agencies, the number of Chinese tourists traveling to Thailand next year is expected to reach 2 million, and the number of companies in the China-Thailand Tourism Association has surged from 110 to 150.
Thai Airways, as well as Thai domestic hotels and taxi businesses, have also seen significant growth.
Rosid nodded, seeming to agree with Tang An's statement, but then added, "Mr. Tang, we have always been very keen on the film market in mainland China. I think that Mediacorp and Hantang Media will cooperate to establish a new media company."
The group can further deepen our cooperation."
Nima pen!
A small country is also eyeing the mainland film market!
Tang An will definitely not agree to this. If we want to cooperate with Tengxun and Ali to establish a film and television company, it is better to say that Mediacorp will just forget it.
Tang An thought for a moment and declined, "Mr. Rossid, when Time Warner and Wanda cooperated to establish Warner Wanda Cinema Line, they had to withdraw from the mainland market due to policy changes, and Warner Wanda Cinema Line also became Wanda Cinema Line.
A wholly owned industry..."
Tang An is talking nonsense, Bernard still has several foreign shareholders.
...
Finally, after more than three hours of negotiation, the other party agreed to Tang An's acquisition and transferred 21.3% of Tudou's shares for US$43 million.
Before coming here, Tang An had already mortgaged the 210 houses in Beijing for a second mortgage of RMB 150 million. The villa in Li Palace had also been mortgaged just after he bought it.
Hantang Media has become the second largest video website in China and the biggest antique!
In addition, Mediacorp has obtained the distribution rights of Hantang Media's films in Asia for the next five years, and will start filming a "囧" within three years.
The legal department will confirm the specific matters one by one and what breach of contract clauses there are.
There is no problem in starting the filming of "囧" within three years. Even if it cannot be filmed by then, we can still start the project and delay it for a while.
After signing the contract, Tang An immediately took his people back to China and released the news that Hantang Media had become the largest shareholder of Tudou.
Tudou also needs to restart the listing process. After all, video websites are currently burning a lot of money and require a lot of funds.
As soon as the news came out, major domestic portal websites were shaken by a small earthquake.
Hantang Media, a new company, has actually become the majority shareholder of Tudou. Although it is far from holding a controlling stake, it is still very impressive.
You know, Youku’s current market value is more than twice that of Huayi!
ps: The author is just a commoner, a bit handsome but tall, and doesn’t understand business. However, Temasek acquired 21.3% of Tudou’s shares for US$35 million in July 2010. It should be correct. The data should be as accurate as possible.
Well, it really doesn’t work and there’s nothing I can do about it. Who made me ignorant...