Reborn as a tycoon in Hong Kong

Chapter 421 Listing decision

Every time he comes to the United States, as long as he doesn't stay for a day or two and then leave, Lin Baicheng will hold a private party to maintain his connections.

To take care of everyone's time, the party is usually held the next day.

This time was no exception. Lin Baicheng held a private party the day after he came to Los Angeles. There were not many guests at this party, just a few friends of Lin Baicheng and at least the level of management from each company.

The theme of this party is for everyone to get together and chat, so it is more casual.

"Alan, do you have anything to deal with when you come to Los Angeles this time, or are you just inspecting your companies?"

Phil Smith asked Lin Baicheng. Logically speaking, Ocean Import and Export Trading Company was still handing over the foreign trade business department to Hutchison Whampoa, which was not an important matter. Lin Baicheng should keep an eye on Xiangjiang. Although they all sent people into the company, Lin Baicheng was the chairman of Ocean Trading after all.

Lin Baicheng said: "Originally, there was something to do, but now the situation has changed."

"What happened? How can I help?"

Phil Smith couldn't help but feel moved when he heard this. As long as he could help, he wouldn't mind helping to enhance the relationship between the two.

“I also have some connections.”

Logan Rockefeller also spoke out. He knew that he could not help much with funds. What he could help with was personal connections.

"I appreciate your kindness."

Waving his hand, Lin Baicheng did not hide anything. He said: "It is related to Galaxy Game Company. The console developed by the company has been produced. I originally asked Goldman Sachs for a loan to produce the product, but Thomas said he was not optimistic about this business. In order to avoid affecting the listing of Galaxy Games, it is best to spin off the business."

"Ellen, what is your decision now?"

After hearing this, Wade Thomas quickly asked whether Lin Baicheng was willing to list the company now. It was related to whether Goldman Sachs could make a lot of money as an underwriter, and it was also related to his performance.

Lin Baicheng immediately said to him: "I decided to listen to you, Thomas, to spin off the console business and then list the company. However, we have to have a good discussion about the specific details of the listing."

Wade Thomas was overjoyed: "Alan, you made a right decision. If the company goes public, your net worth will definitely skyrocket."

"Alan, congratulations!"

Phil Smith and others immediately expressed congratulations to Lin Baicheng.

"Thanks!"

Lin Baicheng smiled and raised his glass and clinked it with them.

Lin Baicheng chatted with everyone for a while, and then asked Wade Thomas to go to the study alone to chat. At the same time, he also called away Maori Haruko and Isabella.

Lin Baicheng first said: "Thomas, I decided to spin off the mainframe, so I don't need the $100 million loan company that I originally agreed on, but Goldman Sachs wants to give me a $100 million loan, and the collateral is still the original 25 % of the shares of Galaxy Games Company, I will not increase the collateral."

"This is no problem."

Wade Thomas happily agreed after hearing this. Although this increased the risk for Goldman Sachs, Goldman Sachs, who knew Lin Baicheng's situation fairly well, had no reason to refuse.

Not to mention that Lin Baicheng's original loan of US$100 million is still placed in a special account of Goldman Sachs, using leverage to do long gold futures. The valuation of Galaxy Games alone exceeds US$1 billion according to Goldman Sachs' assessment. A quarter share loan of US$200 million is already a discounted loan. There is no problem at all with these US$200 million share loans.

"So, let's talk about the costs of going public first."

Seeing that Wade Thomas agreed, Lin Baicheng said: "If Goldman Sachs's underwriting fee is too high, then I can only express my regrets and look for Merrill Lynch or Morgan to help with the IPO."

"Alan, we at Goldman Sachs know your company best. If you look for other companies, they don't know enough about your company. Naturally, they won't give a too high price-earnings ratio, let alone recommend your company to investors. There won’t be much money raised.”

Wade Thomas said calmly, and then changed the subject: "Of course, for the sake of our friendly cooperative relationship, Goldman Sachs will definitely provide you with an appropriate underwriting fee, Allen. Our future cooperation will still be There are many, and Goldman Sachs is not going to screw its partners.”

"I'll let Bella and Bill discuss the specific cost with Goldman Sachs."

Lin Baicheng neither believed nor disbelieved. Anyway, he asked his assistant to talk to Goldman Sachs first, so that there would still be room for maneuver even if the negotiation was not successful.

"good!"

Of course Wade Thomas would not object. It would be better not to negotiate with boss Lin Baicheng first. Goldman Sachs did not want the talks to collapse. It was a good thing to have assistants as a buffer.

"Alan, if there are no problems on your side, Goldman Sachs can immediately set up a team to assist your company in IPO, coordinate all parties, and conduct a more detailed due diligence on your company, so that Goldman Sachs can also do what it has in mind. Countless."

Hearing this, Lin Baicheng said: "I came to the United States this time to prepare for the company's console games. Now that we have decided to split the business, there is nothing else to do. Starting tomorrow, Bella and Bill will meet with Goldman Sachs first Let’s negotiate the fees. Once the fees are finalized, Goldman Sachs can send a team to Xiangjiang.”

"As for me, I will go back to Xiangjiang first to split the company's console game business. If you, Goldman Sachs, go there quickly enough, you can even help me split the business. If there are any problems, you can also point them out in time. .”

"I will have people come over for negotiations tomorrow. I hope that both of us can reach an agreement as soon as possible."

Wade Thomas said.

After the two parties chatted for a while, they left the study and went downstairs.

When Phil Smith and Logan Rockefeller saw Lin Baicheng and the others coming back, they didn't ask them how their conversation was going, but chatted with them about other things.

The next day, Lin Baicheng left Los Angeles and returned to Hong Kong. The difference was that there was an extra woman on the private plane, and that was Demi Moore. After finally coming to Los Angeles, Lin Baicheng had to communicate with her, otherwise his efforts would be in vain.

Regarding the listing fee negotiation, Lin Baicheng left it to two assistants, Isabella and Bill Harveys, and asked them to try to negotiate a lower fee.

The lower the relevant fees, the better. However, as long as they are not outrageously high, they will not affect Lin Baicheng’s decision to go public. At the same time, Lin Baicheng will not change underwriters and maintain in-depth cooperation with Goldman Sachs.

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