An executive from Dasheng Real Estate walked into the chairman's office and said to Ma Qingwei: "Chairman, the stock price of Dasheng Real Estate is a bit abnormal. It has started to rise sharply recently. I suspect that someone is buying the stocks from retail investors in the market!"
Ma Qingwei was stunned. He had also been paying attention to his company's stocks recently, but he thought it was quite normal.
Currently, the total share capital of Dasheng Real Estate is 220 million shares, with a value of 7.95 yuan per share and a market value of 1.75 billion. It has indeed increased in the past half month, with an increase of approximately 200 million in market value.
"Really? Go to the market and investigate carefully, and let me know any new information at any time!" Ma Qingwei said calmly.
"good!"
After the executives left, Ma Qingwei couldn't help but smile and shake his head. His subordinates were too sensitive. Isn't it normal for the stock price to rise? Real estate is booming now!
Dasheng Real Estate has a market value of more than 2 billion, which is worthwhile. The company's net assets are 2 billion.
"Our Ma family holds 34.5% of the shares of Dasheng Real Estate and is backed by Dasheng Bank. Who dares to stroke the tiger's beard!"
"That kid from last time?"
"Impossible, the market value of New Era Real Estate is only just one billion, and it is extremely watery, not worth mentioning!"
"TMD, that guy made a fuss out of a molehill. He was just chasing a girl, and he didn't know she was his girlfriend. He actually dared to threaten me. He really thought I was afraid of him!"
In fact, Ma Weiqing has been worried that Lin Zuhui will use magazines to slander him. After all, he knows that two of Lin Zuhui's magazines are among the top five best-selling magazines in Hong Kong. Now there is a financial magazine "Capital" published, which I heard is also very popular.
Just because he was worried that Lin Zuhui would not play according to the routine, Ma Weiqing specifically inquired about Lin Zuhui's personal connections, and actually found out that he and Jin Daxia of the Ming Pao Group were friends for many years, which immediately made Ma Weiqing a little worried.
With such rich media resources in his hands, Lin Zuhui will fight to the death. Ma Weiqing is not worried about other things. He is worried about the kid accusing him of 'sending people to follow his girlfriend' and 'stopping her girlfriend to prevent her from leaving'. After all, this is what he said
That kid said it out loud.
"MD, if I don't send someone to follow her, how can I chase a girl?"
"How can I chase such a top-notch girl if I don't stalk her?"
...
In an office, Lin Zuhui, Qiu Degen, Liang Botao and others were discussing the details of the "acquisition of Dasheng Real Estate".
Liang Botao said: "Now the market is alert, some investors are reluctant to sell, and they can no longer absorb many stocks!"
Today, the share price of Dasheng Real Estate has exceeded 8 yuan, which is an increase of more than 1 yuan since the first secret purchase of New Era Real Estate.
The two parties already hold 21% of the shares (10% of which has been held by Metason Securities). It is normal for the market to be alert. Maybe some investors have discovered the abnormality long ago.
Qiu Degen thought for a moment and said: "In that case, let's officially announce the acquisition! Liang Sheng, what price do you think is suitable?"
Liang Botao said directly: "8.8 yuan per share is more suitable. After all, the price will need to be raised later. Let's see the market reaction first!"
Lin Zuhui echoed: "This price is relatively reasonable. Although Dasheng Real Estate's assets are of high quality, its stock price has not performed well in the past two years. This price should soon allow us to own more than 25% of its shares. In this way, the distance between us and Dasheng Real Estate is just
It’s within 10%!”
A comprehensive acquisition is to control 51% of the equity and declare victory; for a privatized company, the privatization must be more than 90% to be considered successful.
There is a regulation in Xiangjiang, which is called the sponsoring acquirer. Once the shares exceed 35%, it must fully acquire (51%); but in fact, you should not do that. This regulation is only set up for Gui Lao to protect Land Company.
Many acquirers will declare victory as long as their shares exceed 40%; of course, this will only happen when the other party is unable to exceed this shareholding ratio.
It’s a very simple truth. The China Securities Regulatory Commission stipulates that you must fully acquire (51%), but my price is not generous. Those investors are reluctant to sell and won’t sell to me. Who can blame me!
In short, there are too many tricks here. Some acquire 34% and then declare a profit and dominate the acquired company. Anyway, it depends on whether both parties have the determination to continue the fight.
.......
Wednesday, October 16th.
The Qiu Degen family, Medison Securities and New Era Real Estate, announced a joint acquisition of Dasheng Real Estate, and entrusted Wanguo Baotong Investment Bank Liang Botao as a financial consultant to carry out a comprehensive acquisition at a price of 8.8 yuan per share, announcing that they held 21.5% of the shares of Dasheng Real Estate.
Suddenly, there was a major earthquake in Hong Kong and Kowloon.
Ma Qingwei, the chairman of Dasheng Real Estate, was stunned when he heard the news!
"How dare he! How dare that kid!" Ma Qingwei muttered.
His younger brother Ma Qingzhong said: "Brother, how dare you? What should we do now?"
Ma Jincan has many children. After his death last year, the Ma family is led by the eldest son Ma Qingwei and the second son Ma Qingzhong, and is in charge of Dasheng Real Estate and Dasheng Bank.
"Are there stocks still available in the market?" Ma Qingwei asked.
"Currently, the black market is already at 9 yuan. The only way forward is to suspend trading for one day while we make preparations! We only cashed out 7 yuan per share in the first half of the year. If we had known, we would not have cashed out the 5% equity." Ma Qingzhong frowned.
At 9 yuan per share, Dasheng Real Estate has reached a market value of nearly 2 billion. Normally, this would be a good thing, but now that the Ma family needs to stabilize its equity, it must resort to buybacks, which is not a good thing.
Ma Qingzhong also became anxious at this time. He now recalled Lin Zuhui's expression at the beginning. He looked very confident and seemed not to take the Ma family seriously. Based on the situation at that time, I am afraid that this boy is really going to be cruel.
Assist the Qiu family to take over the Dasheng property.
Therefore, Ma Qingzhong did not dare to hesitate and decided to suspend trading first, and then prepare for a counter-takeover to strengthen the Ma family's equity.
.......
At this time, business people in Hong Kong were paying close attention. Ma Jincan, the founder of Tai Seng Real Estate, was one of the "five richest people" in Hong Kong in the 1950s and 1960s. The Ma family began to become famous in the real estate industry in 1954. Now the so-called four major families are just
He is a rising star.
Now, just one year after the death of the founder of the Ma family, there is a consortium coming to challenge, which is undoubtedly a big news.
Soon the business people discovered that New Era Real Estate was actually a partner of the Qiu family, and they immediately started to watch the show; Lin Zuhui had a great influence in the securities industry, and was even famous in the financial world, including Aimeigao and Nengda Technology.
his shadow.
I just didn't expect that this time Lin Zuhui would set his sights on the giant old real estate company with a market value of nearly 2 billion, and also win over the Qiu family.
Just when everyone was paying attention, New Era Real Estate also officially announced a new round of rights issue fund-raising plan: 1 share for every 5 shares, 2.6 yuan per share, and it is expected to raise 200 million yuan for real estate development.
There was a turmoil for a while, and many people speculated whether New Era Real Estate would use the funds to acquire Dasheng Real Estate.
...
On Thursday, Dasheng Real Estate was suspended for one day;
After trading resumed on Friday, Taisheng Real Estate's shares soared again by HK$9.5 per share. The reason for the surge may be that both companies are scrambling to raise funds in the market.
On Friday evening, Lin Zuhui, Qiu Degen, and Liang Botao held a summary meeting in the conference room.
"Our shareholding has reached 25%, and the Ma family's shareholding should be around 36%..." Liang Botao explained the situation on both sides.
Lin Zuhui observed Qiu Degen. If he found that he lacked confidence, he would have no choice but to retreat first.
Qiu Degen was so fashionable and showed no fear. He just said: "In the next two days over the weekend, the Ma family should hold an anti-takeover press conference. Everything has to wait for their bid before we can formulate a new strategy!"
Lin Zuhui said unceremoniously: "No, we can formulate a new strategy immediately! In the two days over the weekend, we will publish it in the newspaper and we will send three directors to take over Taisheng Real Estate."
This move is bound to frighten the Ma family and make them determined to fight back with all their strength. Otherwise, this acquisition war will be tepid, which is really not what Lin Zuhui wants to see!
But in this case, Qiu Degen hesitated and said: "We have not launched a comprehensive acquisition yet. Isn't this not good?"
Lin Zuhui said with a smile: "Qiu Sheng, we are not working for you for free by following you. Only in this way will the Ma family fight back with all our strength, and the chips in our hands will be more valuable. Of course, if you really want to take it
When investing in real estate, you have to be careful in situations like today. If two companies are trying to raise money in the market at the same time, you will definitely lose in the end!"
From the very beginning when he joined the acquisition, Lin Zuhui made no secret that he only joined the acquisition for profit, and Qiu Degen also understood this truth.
If both companies were not more active, how could the stock price be driven up? And if the stock price is raised, even if the Qiu family's acquisition fails, the value of Dasheng Real Estate shares in the hands of Medison Securities will also rise sharply.
Qiu Degen thought to himself: "What a sniper, with a vicious and sophisticated approach! First, he put the issue of New Era Real Estate's rights issue to raise funds at the same time, giving the Ma family a signal flare, indicating that New Era Real Estate would fully participate in the acquisition; now he is sending
When three directors go to Daisheng Real Estate, it is like they have entered the enemy's lair, and the enemy has no choice but to fight back!"
In fact, he also thought that the acquisition of Dasheng Real Estate would be the best. Even if the acquisition was not successful, it would still be a very good investment. Dasheng Real Estate's net asset value is 2 billion. If the real estate rises again, it is worth 2.5 billion to 2.8 billion.
After all, where is the brand influence?
"Okay, just do what Lin Sheng said! We will hold a press conference tomorrow!"
Sending three directors into Taisheng Real Estate is definitely a dirty trick.
In his previous life, whether it was acquiring Nengda Technology or a big hotel, Liu expressed his intention to send several directors to take over. Naturally, the major shareholders were extremely resistant. The Kadoorie family even went to court to prevent Liu from entering the board of directors.
In fact, at that time, Liu already held 34% of the shares, and logically he had to join the board of directors. However, Kadoorie had been accusing Aimigo and Laisin Group of illegal "concerted actions", so they delayed it again and again until the big announcement.
Liu almost got angry, a lot of interest was generated every day!
.....
The next day (Saturday), Medison Securities and New Era Real Estate held a press conference to formally challenge Dasheng Real Estate and send three directors to Dasheng Real Estate.
When Ma Qingwei heard this, he was so angry that he broke an antique cup worth 200,000 yuan.
"Don't even think about it!"
His younger brother Ma Qingzhong is the chairman of Dasheng Bank and said: "Tonight we will hold a press conference to raise the anti-takeover price to 9.5 yuan!"
Originally, as expected, the Ma family was only willing to carry out a counter-takeover for 9.2 yuan, but now the plan no longer takes into account "cutting off the flesh".
At this time, Ma Qingwei already regretted offending Lin Zuhui last time. After all, the Ma family may have to spend an extra 400 million to stabilize their equity this time, which is a big loss for many families.
That evening, the Ma family, with Luo Fuqi and Sons as its financial advisor, officially issued a counter-takeover announcement: it would acquire shares of Dasheng Real Estate at a price of 9.5 yuan.
At the press conference, the Ma brothers stated that they did not welcome anyone to acquire Dasheng Real Estate, nor did they welcome the acquirer to appoint three directors. If Qiu and Lin were just for investment, then Dasheng Real Estate would welcome it.
In fact, many reporters began to dig deeper into the triggers of this acquisition war!