At this time, Xiangjiang Securities had many obvious loopholes. Lin Zuhui found them easily and planned to take advantage of them.
In this acquisition case, the reason why Lin Zuhui allowed the private placement of new shares to be 19.9% of the total share capital is because as long as the additional issuance does not exceed 20%, there is no need to convene a shareholders' meeting. This is a securities loophole, which can make the shareholders' meeting in vain.
Just get a majority of directors to agree.
Two consecutive 19.9% additional stock issuances can be done this way without anyone finding fault. If it exceeds the full acquisition line, it can be exchanged for certified shares (preferred shares) to ensure the absolute interests and control of the new owner.
Moreover, according to later securities laws, the sale of equity by major shareholders must be announced to the public to prevent someone from deliberately manipulating the stock price. However, as far as Lin Zuhui knows, this law was not implemented in the early 1990s, let alone now.
Previous life.
'Magic hand' Li Mingzhi was good at this trick. He flipped the stocks of his companies from left to right, and finally lost them all (cash out); even Australia's Securities Regulatory Commission was unable to do anything and even chased them to Hong Kong (which was also owned by the British at that time).
(Federal government, officials can transfer to each other), hundreds of millions were spent on investigation, but in the end, no evidence of the crime was found. Magic Hand took advantage of this gray area in Xiangjiang, first becoming a major shareholder of a company, and then inflating the stock price.
If you continue to cash out like crazy, the result will naturally be small shareholders who follow blindly and foot the bill.
'Sniper' Liu Luanxiong is good at sniping at major shareholders whose holdings are unstable. Once he finds that the major shareholders' shareholdings are too low, he will launch a comprehensive acquisition at every turn. The major shareholders have no choice but to buy back the stocks on the market at a high price, which will naturally increase the price.
If the stock price rises, the sniper will take advantage of the high to cash out; even major shareholders will buy back the sniper's shares at a high price.
The 'Madman King' James Chien was good at being a bookmaker at first, but because he was implicated in the 'Chen Songqing Case', he had to flee to Canada. As a result, he returned to Hong Kong in 1985 and became the 'Shell King' because he was not accustomed to the local environment. And Lin Zuhui's operating methods
The difference is that if Zhan Peigen has money, he can directly buy shells, then raise the shells, and then sell the shells. One business can make tens of millions of profits.
‘Crocodile’ Luo Xurui is proficient in acquisitions and sniping, but he is better at digestion after acquisition and reorganizing the prey into a cornucopia.
The above are four of the winners in the Hong Kong stock market. Similarly, there are also many who have capsized in the stock market.
The most well-known is of course the "comic king" Huang Yulang. He is very happy with his achievements and likes to buy things alive. When the market is not good (the 1987 stock market crash), people will immediately turn around. Even the Yulang Group was lost, and he also lost himself.
Sent in.
Others include Yang Shoucheng, the boss of Emperor, who also failed in stock trading and became a part-time worker at HSBC.
...
Gaosheng Real Estate is a small real estate developer in Xiangjiang. The so-called small real estate developers here have assets ranging from hundreds of millions to more than one billion. After all, this is not the 1960s and 1970s. This kind of scale can only be considered a small real estate developer.
Nowadays, the assets of large real estate developers are in the tens of billions, and the assets of medium-sized real estate developers are also in the billions.
A building costs hundreds of millions to more than one billion, and a property costs tens of millions to hundreds of millions. It is precisely because real estate is so developed that there must be hundreds of real estate developers in Hong Kong. Some real estate companies only have a few properties, but they only have a few properties.
The value is hundreds of millions.
Gaosheng Real Estate is still very powerful among small real estate developers. It has experience in independent real estate development and has assets of over one billion.
As the boss of Gaosheng Real Estate, Wang Qilin is naturally eager for the company to go further. He also has this idea of listing the company, but it has become increasingly difficult for real estate companies to go public. In particular, the government has a cautious attitude towards the listing of real estate companies.
Wang Qilin warmly received Fang Jin and Lin Zuhui without any pretense.
Of course, if you dare to spy on such a person, you will die without knowing how. This kind of person is also very shrewd and should not be underestimated.
"Listen to my assistant, can your company help us go public quickly?"
Coming to the topic right from the beginning, Wang Qilin’s idea is also very simple. If it is a scam company, get rid of it as soon as possible to avoid wasting your own time.
Fang Jin nodded and said, "Wang Sheng can be made the chairman of the listed company within a month!"
“Backdoor listing?”
This boss is decent, not a fool who doesn't understand anything.
Fang Jin straightened his body and briefly explained the plan: "We have chosen a clean shell of a listed company for your company, with a market value of about 50 million. Mr. Wang only needs to first spend 10 million to buy 20% of the major shareholder's shares at a flat price.
shares, and then the company issued an additional 20% of shares to Wang Sheng at a low price... After such operations, Wang Sheng was equivalent to controlling a listed company for less than 20 million."
"Wait! I have two questions: First, why did the original major shareholder agree? Second, what do I want from a listed company with a market value of 50 million?"
Wang Qilin also understands securities. He can't understand why the boss handed over his status as a major shareholder so easily?
"The first question is very simple, because the original major shareholder still has some shares left, and he hopes that the new company's stock will rise sharply, and then he will sell the goods while the price is high. The second question is very complicated, involving a series of subsequent
Operation - can be roughly understood as: asset divestiture and reorganization, which is called cultivating the 'shell' first, cultivating a clean real estate shell for you, and then injecting assets to increase the stock price."
Wang Qilin quickly asked: "How can I inject my assets?"
Fang Jin said with a smile: "We have a complete plan to ensure customer satisfaction, and we can promise you that you can inject as much assets as you want, and we can ensure that the new company's market value is much higher than its net assets, making it a leader in the market."
Hot stocks.”
Wang Qilin frowned, thinking about how unreliable the two young men were.
"If you don't give me a rough plan, how can we trust you?"
At this time, Lin Zuhui stood up and said: "It doesn't hurt to tell Wang Sheng something. To put it simply, it is another directional share increase, that is, you inject a real estate asset, so that the company's business becomes a real estate company. Your shares will be
It will exceed the 49% comprehensive acquisition line. During this period, our company will help you increase the stock price, and you will cash out part of the shares. In this way, you will get a sum of cash, and the shares can be as high as 49%. We will have many strategies later.
, but I think the above is enough to impress you. To take a step back, if our company operates it by itself, we can earn tens of millions of Hong Kong dollars just by raising a clean shell and reselling it...Wang Sheng, you
What do you think?"
Lin Zuhui and Fang Jin had communicated in advance, and both of them were familiar with the specific plans, but Lin Zuhui occasionally came out to make an appearance.
Wang Qilin knew that he had met an expert, and he might be a real securities expert in Xiangjiang. Sure enough, he couldn't just look at people's youth. At least these operations have never been the same in the history of Xiangjiang Securities.
Raising shells and selling them for money? Isn’t this a new business in Xiangjiang?
"How do you charge?"
Fang Jin said: "After signing the contract, the customer first pays an information consultation fee of 1 million yuan, and we come up with a specific plan and discuss it together. Next, after the customer takes over the listed company, he immediately pays 1 million yuan; we assist the customer to"
After the shell is well maintained, it means reorganizing the assets, stripping off the assets, and then paying another 1 million. The last step is to inject assets, raise the stock price, cash out part of the money, etc. You can choose to pay 1 million to 2 million, depending on your satisfaction."
The minimum is 4 million, the maximum is 5 million, the fee is not expensive!
After Wang Qilin listened, he said with a smile: "Your company has just been established. There should be no more than 10 employees, right?"
Fang Jin said confidently: "It doesn't mean we have more people. Even if we only have two brothers in our company, we can sell the shells very quickly. Because we are proficient in the securities laws and regulations of Xiangjiang and can make full use of every available opportunity.
And our operating methods are unique in Hong Kong."
He firmly believes in what Lin Zuhui said, there will be no buyers for this business!
Wang Qilin had to admit that based on the self-confidence of these two people and the information disclosed earlier, they were indeed powerful; there were too many methods, and even just listening to the surface, they knew they were amazing.
For example, by issuing less than 20% of the new shares, there is no need to hold a general meeting of shareholders, which saves a lot of trouble.
Another thing is that these two people took care of the interests of buyers and sellers, and everyone cooperated obediently.
"I think we should have a meal together first and then sign the contract!"
Obviously, the business was successful!
Lin Zuhui breathed a sigh of relief. He actually had a trump card: he could analyze the real estate situation in the future for this real estate guy, so that he could go public as soon as possible so that he could flex his muscles earlier.
However, according to his observation, Wang Qilin's character is quite good. Maybe he can learn from him in the future and learn how to do real estate business?
I must form a consortium to be a listed company, the core of which is a listed real estate company. After all, real estate in Xiangjiang has the most future.