Reborn as a tycoon in Hong Kong
Chapter 116 Li Jiacheng’s methods
Lin Baicheng did not wait for the notification of the time for Cangjiang Industrial's shareholders' meeting. Instead, he received a call from the shipping king Bao Yugang, saying that he was invited to have afternoon tea and wanted to talk to him about something.
Naturally, Lin Baicheng would not refuse Bao Yugang's invitation and accepted the invitation.
In the afternoon, it is also the Peninsula Hotel, where many celebrities in Hong Kong choose to have afternoon tea.
When Lin Baicheng arrived, Bao Yugang was already waiting.
"Sheng Bao, I kept you waiting for a long time."
"It's just that I came early."
Bao Yugang said with a smile.
The waiter came over and Lin Baicheng ordered some refreshments.
Bao Yugang did not get down to business right away, but instead found a topic to talk about: "Lin Sheng, your program "Who Can Be a Millionaire" on Asia Television has become very popular recently, and it is reported in every newspaper every day."
"The fire is quite hot, but now there are different voices in the newspapers."
Lin Baicheng was a little helpless when he heard this: "I thought the first champion would appear soon, but I didn't expect that after several issues, no one could answer the fifteen questions correctly. Now there are newspapers outside saying that the TV station deliberately controlled the difficulty of the questions. If the champion is not allowed to appear, how would they know that the program team has deliberately lowered the difficulty!"
Bao Yugang listened and said: "Lin Sheng, you don't need to pay attention to the noise in the newspaper. They just rely on sensationalism to increase the sales of the newspaper."
"That's what Mr. Bao said."
Lin Baicheng agreed very much with this. He really didn't take it to heart, but two newspapers implied that he was stingy, which made him a little unhappy. More importantly, it was a metaphor and he didn't mention it by name, so he couldn't get angry and accuse the other party. This was what really made him unhappy.
The two chatted like this for a while, and then Bao Yugang got down to business.
"Lin Sheng, I'll treat you to afternoon tea today. I have something I want to talk to you about."
"Bao Sheng, tell me."
Lin Baicheng was not surprised by this. When Bao Yugang called, he had already said that he had something to discuss with him.
"Lin Sheng, Li Jiacheng and Li Sheng from Cangjiang Industrial came to see me."
Looking at Lin Baicheng, Bao Yugang organized his words and said: "Since the oil crisis a few years ago, I am no longer optimistic about the shipping industry. In recent years, I have slowly begun to reduce the number of ships and prepare to abandon ships and land. Looking for opportunities.”
"Because I work in the shipping industry, I am familiar with Wharf. Wharf's terminal freight is conducive to my development of maritime shipping, and its land properties are conducive to my entry into the emerging real estate industry."
"Originally, I was planning to secretly buy Wharf stocks, but I found out that someone had already started taking action. It would alarm Jardine, so I had to give it up temporarily."
"But just yesterday, Li Sheng from Cangjiang Industrial found me. He has a very precise vision and knows that Wharf is very suitable for me. He also knows that I plan to abandon ship and land, so he is willing to sell me part of Wharf shares and said at the same time I didn’t care about you, Lin Sheng, that’s why we met today.”
"Li Jiacheng actually found Bao Yugang?! This guy is quite capable. As expected of Li Jiacheng, he directly diverted the trouble away."
Lin Baicheng couldn't help but feel depressed after hearing this. Li Jiacheng's reaction was really fast enough. As expected, the person who could become the richest man in Hong Kong in his previous life should not be underestimated. The shareholder of Wharf Shares was replaced by Bao Yugang, which would be a bit troublesome.
"Sheng Bao, I wonder how many Wharf shares Li Jiacheng transferred to you? And at what price did he transfer them to you, Mr. Bao?"
"Li Sheng said that he holds more than 9 million shares of Wharf stock and is willing to sell 5 million shares to me at a price of 15 Hong Kong dollars, leaving nearly half of it, but only if he helps buy Lin Sheng's shares from Lin Sheng. Some Cangjiang Industrial shares."
The cost price of Li Jiacheng's shares in Wharf was 21 Hong Kong dollars. He sold 5 million shares at a loss of 6 Hong Kong dollars per share. At a loss of 30 million Hong Kong dollars, he attracted Bao Yugang to join Wharf. At the same time, he drove away Lin Baicheng to prevent Lin Baicheng from becoming The major shareholder of Cangjiang Industrial. At the same time, he knew very well that despite the current loss of 30 million Hong Kong dollars, as long as Bao Yugang entered the game and the Wharf takeover war broke out, the value of the remaining shares in his hands would inevitably rise sharply. Not only would he not lose money, but Likely to make a fortune.
The reason why Bao Yugang told Lin Baicheng this and told the truth to Lin Baicheng was because he knew that if he wanted to buy Cangjiang Industrial shares from Lin Baicheng, it would not be possible without convincing Lin Baicheng, so he could only tell the truth.
"Good guy, it only costs 15 Hong Kong dollars to sell it to Bao Yugang, but it costs 25 Hong Kong dollars to sell it to me. It's really yours!"
Lin Baicheng was very unhappy and said: "Sheng Bao, it's not that I don't want to give you face. As early as November last year, I was eyeing Wharf and wanted to acquire Wharf and get the controlling stake of Wharf. Unexpectedly, Li Jiacheng suddenly intervened and used a large amount of funds to buy Wharf stocks, so I had to give up temporarily."
"This time, I raised another amount of funds to acquire Wharf. I first started with Cangjiang Industrial and wanted to exchange Cangjiang Industrial's shares with Li Jiacheng. Unexpectedly, he was unwilling to sell the shares to me. , and even found Baosheng you."
Bao Yugang knew that it was unrealistic for Lin Baicheng to give up easily, let alone sell the Wharf shares, so he said: "Lin Sheng, I bought all the Wharf shares in your hands, Lin Sheng, at a share price of HK$30. What do you think of the 150% premium? As for the shares of Cangjiang Industrial, I am also willing to buy them all at a price of 20 Hong Kong dollars, what do you think?"
Bao Yugang's premium is not too high. If Lin Baicheng changes hands, he will earn at least 100 million Hong Kong dollars, which is quite a lot.
However, although he made a lot of money by doing so, it did not satisfy Lin Baicheng. What he wanted was the Wharf company, so he refused directly: "Sheng Bao, I also want to acquire the Wharf. I took action for the second time.”
"So, Lin Sheng, what do you think of this?"
Bao Yugang was not surprised to be rejected. He instead proposed: "How about you and I join forces to acquire Wharf and first obtain control of the company from Jardine Matheson?"
"Sheng Bao, in this case, which one of us will be in charge of the company?"
Lin Baicheng shook his head immediately after hearing this. If he couldn't get the controlling stake of Wharf, then there would be no point in joining forces with Bao Yugang to get the controlling stake from Jardine Matheson. By that time, the two of them would probably have to fight again, and with his current capital, it was more likely that he would not be able to defeat Bao Yugang. He still knew this.
Bao Yugang couldn't help but fell silent after hearing this. It was simply impossible for the two of them to control the company together, and he was reluctant to give up. Abandoning ship and landing, he planned to develop Wharf as his main business. It would be a pity to give up like this.
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