Hong Kong Island's wealthy era

Chapter 87 When the Barbarians Kick the Door

Chapter 87 When the Barbarians Kick the Door ([-])
After Thunder Travel announced the acquisition of China-Pakistan Company, the Yan family of China-Pakistan Company was greatly surprised, so they immediately rushed to China-Pakistan's financial advisor Baoyuan Investment Company to discuss countermeasures.This meeting lasted until eleven o'clock noon.

In the afternoon of the same day, due to the significant equity transfer involved in China-Brazil Company, an emergency suspension was applied for.

And also issued a countermeasure announcement:
[-]. CMB does not welcome the acquisition by Thunder Travel. Their offer cannot fully reflect the true value of CMB and is not in line with the interests of CMB shares and public shareholders.

[-]. Baoyuan Investment was formally appointed as China-Brazil’s financial consultant.

[-]. An appraisal company has been entrusted to re-evaluate the CMB property, urging small shareholders to calm down and not accept the acquisition price of Lei Chuxing, believing that this acquisition is not for the public interest.

The strange thing is that although China and Pakistan did not welcome the acquisition of Thunder Travel, they did not propose a counter-acquisition.

Lei Liquan thought that the Yan family might have been secretly raising shares in China and Brazil.

……

On May 5, CMB released a new property valuation report, which calculated the net asset value of the property to be as high as HK$28 billion, which means that CMB’s share price should be HK$13.8 per share.

That afternoon, Yuan Tianfan traveled on behalf of Thunder and held a press conference at the Hilton Hotel to explain to the outside world the motivation and purpose of the acquisition.

He also stated that the valuation report of CMB Company was unrealistic and suspected of being a trick, because the report mentioned that the property was no longer used as a CMB factory and was a benefit to be realized, while the cash acquisition proposed by Thunder Travel was an actual benefit. Very reasonable.Small shareholders of CMB are advised to accept the offer of HKD 24.

……

"Yuan Sheng, I am a reporter from Xiangjiang Daily. Is the purpose of Mr. Lei Liquan's acquisition of CMB this time to form a large-scale company to control people's livelihood in Xiangjiang and control most of the people's livelihood industries in Xiangjiang after Thunder Infrastructure?" Xiangjiang Daily.

"Friend this reporter, our purpose in acquiring China Bahrain is very simple. China Bahrain's operations are too conservative and are not conducive to the development of Xiangjiang."

"Yuan Sheng, if Mr. Lei Liquan successfully controls China and Brazil, does it mean that real estate development companies in Xiangjiang must cooperate with Lei Sheng in the future?"

"All enterprises under Lei Sheng's name will operate in accordance with the law, and all business activities will comply with laws and regulations." Yuan Tianfan.

"Yuan Sheng..."

Second Lei Liquan opened the newspaper and saw two reports that surprised him.

"Another giant company from Lei Liquan is coming" is the title, and the subtitle is: Are real estate companies ready?

Introduction From now on, no real estate development company in Xiangjiang will be able to avoid Lei Liquan's company...

"Xiangjiang City, the City of Lei Liquan", the electricity you use is delivered by Lei Liquan, the house you live in is built by Lei Liquan, the public bus you take when going out is by Lei Liquan, and the newspaper you read is published by Lei Liquan Yes, you go shopping at Lei Liquan's Seven Days convenience store, the game console you play is produced by Lei Liquan, and the movie you watch is Lei Liquan's theater...

Lei Liquan's head is getting bigger now. Isn't someone deliberately targeting this?Although what is told is true, it is inevitably a bit exaggerated.

Lei Liquan didn't realize it himself. Unknowingly, he had already played such a big game of chess.

In fact, Lei Liquan didn't know that although Thunder Travel's acquisition announcement had been approved by the Securities Regulatory Commission, as soon as these reports came out, the Securities Regulatory Commission still held a meeting to discuss and study the matter.

……

CMB also found the Hong Kong Bus Association of the Motorcycle Workers' Union to support it. The Hong Kong Bus Branch of the Motorcycle Workers' Union expressed support for the original board of directors of CMB and sympathized with the company's experience.It seems that the Yan family also wants to use the power of public opinion to defend half of their country.

In addition to "motivating people with emotion", China-Pakistan Company also "tempts people with benefits".

On May 5, the board of directors of CMB announced in advance a mid-year dividend of HK$30 per share.And promised to pay dividends of 0.3% of net profits to shareholders every year in the future.

Thunder Travel made another announcement in the market, increasing its shareholding to 5%, one step closer to [-]%.

This war of words has been going on for a week, and Lei Liquan is ready to raise the purchase price to HK$26 per share.

But before Lei Liquan's announcement was made, he received a sign from a third person, namely Xinchang Real Estate Company, who came in from the middle. As a "white warrior", he generously helped the Yan family and cooperated with them to form a company called Snowpai's new company proposed to acquire 26.5% of the issued shares of China-Brazil Company at a price of HK$7 per share. This was also another "partial acquisition" activity.

Lei Liquan decided to modify the price on the spot and re-quote the company at a purchase price of HK$28 per share.

Lei Liquan had to make a quick decision because he received news that the China Securities Regulatory Commission was already discussing Lei Liquan's acquisition.

Now the stock investors are no longer hesitant and are registering at profit-making companies one after another. They are afraid that they will be late and fail to register. If the transfer does not go through, the market value of CMB will definitely plummet.After all, Thunder Travel only proposed to partially acquire 46% of the shares.

In the afternoon of the same day, many profit makers announced that they would increase their holdings by 15%, while Lei Tinghui's total holdings reached about 41%.

Seeing that the situation was over, the Yan family made no new anti-acquisition moves.

The next day, less than an hour after the market opened, Profit announced that it had reached an acquisition plan. Thunder Travel held 46% of CMB shares and became the largest shareholder.

The stock price of CMB fell in response, reaching about 23 Hong Kong dollars, which made the shareholders who held the shares regret it, fearing that the stock price would fall back to 20 Hong Kong dollars per share.

……

"Lei Liquan officially takes over CMB and KMB, unifying the bus industry in Hong Kong!" "Hong Kong Daily"!
After taking control of Kowloon Bus, Lei Liquan officially became a shareholder of China Bus.

As the only two bus companies in Hong Kong, Lei Liquan's move is tantamount to unifying the bus industry in Hong Kong.

Naturally, there are various discussions about this situation.Some people believe that Lei Liquan's move is optimistic about the development of public utilities in Xiangjiang and is also optimistic about the future development of Xiangjiang.

Others say that by doing this, Lei Liquan is actually controlling the new development real estate lifeline of all real estate developers in Hong Kong.After all, after becoming the major shareholder of KMB and CMB, no matter where you go in Hong Kong, you will have to look to him to solve traffic problems.

Since all media in Hong Kong are reporting on this matter, the Hong Kong Economic Journal will naturally not be an exception!
"Barbarians come to the door, the first partial acquisition in the history of Xiangjiang!" 》This is the title of the Hong Kong Economic Journal.

It is said that this partial acquisition is the first of its kind in the history of Hong Kong.

As Lei Liquan's own newspapers, Tiantian Daily and Wanbao naturally reported on this matter in favor of Lei Liquan.

CMB and KMB are both listed public companies in Hong Kong. Mr. Lei Liquan is very optimistic about the future development of Xiangjiang. Naturally, he is also optimistic about the future development of CMB and KMB, which serve the people of Hong Kong.Mr. Lei Liquan is willing to make greater contributions to the development of Hong Kong and to better serve the citizens of Hong Kong!

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(End of this chapter)

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