Reborn as a tycoon in Hong Kong
Chapter 346 Appointment
On Friday, Hutchison Whampoa's closing price was HK$58.1, a slight increase of more than a point.
Although today's increase is not large, the intraday amplitude is not small, and the turnover rate is quite high. The early profit taking and the funds entering the market have completed the change of hands. As a result, new funds have just bought Hutchison Whampoa's stocks. Without a certain profit increase, they will not easily sell their stocks.
Bill Harveys and the others had not reached an agreement with the short-term British family, and Lin Baicheng didn't care. Anyway, he wouldn't suffer a loss if he held the stock.
At this time, the short side of Hutchison Whampoa can declare failure. Even if there is a negative impact on Hutchison Whampoa, it will be difficult to suppress the stock price of Hutchison Whampoa, unless it is the kind of super giant that affects the foundation of Hutchison Whampoa. Not bad at all.
Therefore, Lin Baicheng was ready to temporarily focus his energy on Qingzhou Yingni Company.
Qingzhou Yingni Company has now been fully acquired by Lin Baicheng and delisted from the stock market. Investors sold all their shares to him.
The market value of the company Jinzhou Yingni before Lin Baicheng initiated the acquisition was only a little over HK$100 million, so he did not spend much to acquire this company.
Before cooperating with Li Jiacheng, Lin Baicheng had secretly acquired 26% of the shares of Qingzhou Yingni Company, which is 13 million shares, with an average price of HK$2.4 per share and spent HK$31.2 million. Later, he reached a cooperation with Li Jiacheng and increased the shareholding ratio to 30.3%, increasing his holdings to 2.15 million shares, with an average purchase price of HK$2.76 and a cost of HK$5.934 million.
After that, Lin Baicheng announced the purchase of 10% of the shares of Yingzhou Yingni at a price of HK$3.50, but he did not buy so many shares. He only bought 2.9 million shares and spent HK$10.15 million.
Then before acquiring the shares of the Kane family and other small shareholders, Lin Baicheng bought another 3% of the shares, or 1.5 million shares, with an average price of HK$2.7 and a cost of HK$4.05 million.
From the Kane family and other small shareholders, Lin Baicheng bought a total of 36.2% of the shares, 18.1 million shares, at a purchase price of HK$3.2 per share, and spent HK$5,792.
By this time, Lin Baicheng's shareholding was 37.65 million shares, accounting for 75.3% of the total share capital.
Lin Baicheng began to launch a comprehensive acquisition from this time, acquiring the remaining shares at a price of HK$3.28 per share.
However, Lin Baicheng had an agreement with Li Jiacheng, so he bought the 6.6 million shares held by Li Jiacheng at a price of HK$3 per share, which cost him HK$19.8 million.
The last 5.75 million shares were bought by Lin Baicheng at a price of HK$3.28 per share, which cost him HK$18.86 million.
147.914 million Hong Kong dollars, which was the cost of Lin Baicheng's acquisition of Qingzhou Yingni Company. However, after including the handling fees, he finally bought the Qingzhou Yingni Company for 148.2 million Hong Kong dollars, and it still lacked 240,000 square feet of land. Jingzhou Yingni Company.
Although it is a pity that the land of Qingzhou Yingni Company has decreased, Lin Baicheng is quite satisfied with being able to acquire the shrunken Qingzhou Yingni Company for less than 150 million Hong Kong dollars. At least in his opinion, this transaction is definitely a loss. No, there will be at least ten-digit profits in the future.
As for Qingzhou Yingni Company, Lin Baicheng has not yet appointed a chief executive. He actually wants to transfer one of Wei Peter and Xia Boyin from Hutchison Whampoa. Firstly, they are capable enough to serve as Taipan Yingni. Secondly, maintaining the status quo of Hutchison Whampoa executives is actually not conducive to Lin Baicheng's control of the company. Only by slowly adding people can he deepen his control over the company.
It's just that Peter Wei and Xia Boyin are doing very well at the moment. The size of Hutchison Yingni is simply incomparable. As vice presidents, they will be sent to Hutchison Yingni to serve as senior managers. It seems that they were assigned to them, but they made no mistakes. If Lin Baicheng wants to manage the company well, he cannot do this for no reason.
Therefore, Lin Baicheng can only transfer a senior executive from Hutchison Whampoa's middle management who used to work for Jingzhou Yingni, or promote from within Jingzhou Yingni, or recruit from the outside. All three are acceptable.
Lin Baicheng was not prepared to choose this promotion from within the Qingzhou Yingni Company, as it would not be conducive to his control of the company.
For the other two options, Lin Baicheng decided to transfer people from Hutchison Whampoa. This is a disguised promotion. The outsiders are not familiar with it at the beginning. It is better to promote Hutchison employees and let them know that there are better people working with him. Expansion capacity.
Although he had previously acquired the company, Lin Baicheng had been busy with Hutchison Whampoa. He just randomly transferred a few people from Hutchison to temporarily take over the company, and did not arrange the management of the company. layer.
Now, Lin Baicheng does not need to worry about Hutchison Whampoa all the time. He naturally has to arrange management for Qingzhou Yingni and manage the company well.
On Saturday, Lin Baicheng had no business arrangements, so Guan Jiahui called him to hang out. Of course, he had no reason to refuse. But not long after, the Governor's secretary contacted him and said that the Governor wanted to meet him. The time was fine as long as it was during the day, and the location could be arranged by Lin Baicheng in a private place.
Although Hong Kong Governor MacLehose and Lin Baicheng had not met him too many times and they were not very familiar with each other, MacLehose had not felt sorry for him before. In addition, he invested US$5 million in his fund. As the governor of Hong Kong, Lin Baicheng must give Maliho some face.
Therefore, Lin Baicheng temporarily changed the time of his visit with Guan Jiahui to the evening or tomorrow. The time to meet with Mai Lihao was set at two o'clock in the afternoon, and they would have afternoon tea together.
Lin Baicheng did not ask Maliho to have afternoon tea at the Peninsula Hotel. The Peninsula Hotel is an asset of the Kadoorie family, and the Kadoorie family is involved in short selling Hutchison Whampoa. Lin Baicheng has decided not to go to the Peninsula Hotel unless necessary in the future.
Lin Baicheng also had some guesses about Mailihao's meeting this time. In his opinion, it was either related to matters in the mainland or to the British family's short selling of Hutchison Whampoa.
As for the claim that Mai Lihao contacted him in private simply because he wanted to deepen his relationship with him, Lin Baicheng didn't quite believe it. After all, Mai Lihao hadn't contacted him for so long, so the possibility of contacting him privately suddenly was too small. .
At two o'clock in the afternoon, Lin Baicheng and Mai Lihao met at a teahouse, which was booked by Lin Baicheng for the afternoon.
During this meeting, Lin Baicheng did not bring his secretary or assistant except for his bodyguards.
Mai Lihao did bring his secretary, but after Lin Baicheng arrived, he asked his secretary to go out first.
"Sir Mai!" "Lin Sheng!"
Lin Baicheng and Mai Lihao shook hands.
For Lin Baicheng, a young man with more and more assets, even if there is no appointment today, Mailihao is going to find time to meet Lin Baicheng before Christmas and have a good talk.
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