Reborn as a tycoon in Hong Kong
Chapter 443 Lao Li’s considerations
After the board meeting, Li Jiacheng followed John Ma to his office.
"Chairman Ma Cheng, it seems that we can no longer cooperate."
Although it is a pity, since Wheelock's board of directors has decided to issue additional shares to Lin Baicheng, Li Jiacheng will have nothing to do without him. Li Jiacheng is a person who can afford to take things and let them go. Since there is no chance anymore, it is useless no matter how upset he is. What he has to do is to change the target.
John Majiu shook his head and said, "No, whether we can cooperate or not depends on whether Li Sheng is willing to cooperate."
"How do you say this?"
Li Jiacheng couldn't help but feel moved when he heard this. Could it be that there is still a chance like this now?
John Ma said: "The additional shares issued by Wheelock to Lin Baicheng are 5%. This does not mean that Wheelock can only issue 5% additional shares. Wheelock can completely issue 10% additional shares, and the other 5% will be provided by Li I’ll give birth to you.”
Li Jiacheng couldn't help but said: "Lin Sheng has already taken over the 5% additional shares issued. Will the board of directors agree to continue to issue additional shares? Continuing to issue additional shares will continue to dilute the shares held by shareholders."
"I'm not sure about this now. I'll have to lobby for it."
John Mabo shook his head, and then said: "Besides this method, if you want to become a shareholder of Wheelock, Li Sheng, I have other methods."
"Please say."
Li Jiacheng wanted to hear if there were any other solutions.
John Ma said: "This method is to buy their shares from other shareholders and buy stocks from the stock market at the same time. Combining the two, I think it is not difficult to buy 5% of the shares. However, buying from other shareholders The shares are likely to have a certain premium, and the same is true for buying from the stock market, so the price paid will be higher than accepting the additional issuance of shares. Therefore, it is up to you, Li Sheng, to decide whether you want to do this or not."
John Ma Cheng hopes that Li Jiacheng will do this, because if Li Jiacheng becomes a shareholder of Wheelock or even joins the board of directors of Wheelock, he will definitely support him on the board of directors. This will be beneficial to him and can offset Lin Baicheng. The adverse impact on him from investing in Wheelock.
"Chairman Ma Cheng, I want to consider this."
Li Jiacheng said, holding his chin and thinking.
Seeing this, John Ma did not try to persuade him anymore, and waited quietly for Li Jiacheng to consider. This kind of thing required Li Jiacheng to take the initiative, otherwise no matter how much he said, it would be useless.
"Okay, let's do it."
After a while, Li Jiacheng spoke up: "Whether Wheelock issues additional shares to me again or acquires shares from other shareholders, these will cause trouble to Chairman Ma Sheng. Don't worry, Chairman Ma Sheng. When he becomes Wheelock's As a shareholder or even a director, I will support you.”
"Okay, that's what we've agreed. Keep in touch at any time. I'll let you know if there's any good news."
John Ma was overjoyed when he heard this. He was still very concerned about this matter. After all, it was done to his benefit.
"Then I will wait for the good news from Chairman Ma Cheng."
Li Jiacheng smiled after hearing this. Of course, he decided to continue to invest in Wheelock because of his considerations.
First of all, Li Jiacheng has not given up the idea of acquiring Wheelock. After all, Lin Baicheng has just bought a stake in Wheelock and only got 5% of Wheelock's shares. If he can also get 5% or more of Wheelock's shares, , then it is not impossible to defeat Lin Baicheng and gain control of Wheelock in the future. After all, he has the support of HSBC and Shen Chou to help bridge the gap. When the time comes, it is very likely that he will buy a large number of Wheelock shares from John Malone and other British shareholders.
Furthermore, even if you cannot get control of Wheelock in the end, just treat this investment as an investment. Since Lin Baicheng has invested in Wheelock, it means that Lin Baicheng is also optimistic about Wheelock's prospects, just like himself. Therefore, the possibility of losing money on this investment is extremely small, and the possibility of making a fortune in a few years is very high.
In this way, regardless of whether he takes control of Wheelock or not, this investment is a profitable transaction for Li Jiacheng. So what reason does Li Jiacheng have not to invest in Wheelock?
Lin Baicheng didn't know Li Jiacheng's thoughts. If he knew that Li Jiacheng believed that he was optimistic about Wheelock's prospects by judging his investment in Wheelock, which indirectly led to Li Jiacheng's investment in Wheelock, he would be happy to die.
Lin Baicheng invested in Wheelock because he had a high probability of gaining control of Wheelock in a few years. The investment itself was already prepared to accept losses.
It's around 7pm on Monday night, Los Angeles time.
Not long after Lin Baicheng finished dinner, he received a call from Liao Siren from Xiangjiang, reporting to him what happened at the board meeting today.
"Since Wheelock's directors cannot accept the additional issuance of shares to me at a price lower than the current stock price, forget it and just accept the additional shares at Monday's closing price in Hong Kong time."
After hearing this, Lin Baicheng said something, not too disappointed, and then said: "You will follow up on the specific progress, and you will lead the team to do the due diligence. If I decide to sign the contract, I will still be in Los Angeles. Let my sister go there for me and you help her do this." After all, it is a transaction of more than 100 million Hong Kong dollars. Lin Baicheng must trust his sister more, and his sister Lin Shufang will help him.
"Yes, I will do the relevant work well."
Liao Siren responded, secretly relieved, as long as the boss didn't blame him for not lowering the price of the additional shares.
Lin Baicheng said: "Speaking of which, why did Wheelock's board of directors approve the issuance of additional shares to me so smoothly?"
After hearing this, Liao Siren said: "Mr. Lin, you are now the richest man in Hong Kong. The share price of Hutchison Whampoa Company you acquired last year has increased tenfold last year. Whether the directors of Wheelock value your strength or they want to take advantage of you, Luck will be more inclined towards you."
"That's not unreasonable."
Lin Baicheng nodded in agreement, and then said: "By the way, Li Jiacheng may not give up his investment in Wheelock easily. Please pay attention and remember to report to me if there is any situation."
"Yes, Mr. Lin!"
Liao Siren responded.
Now that he has invested in Wheelock, Lin Baicheng doesn't know whether he should hope that Li Jiacheng will invest in Wheelock. If Li Jiacheng buys a stake in Wheelock, then the investment will definitely suffer losses, which can bring bad luck to Li Jiacheng; but if Li Jiacheng buys a stake in Wheelock, if Li Jiacheng can withstand the losses, he insists on holding on until five years or even longer. Once Lin Baicheng starts to acquire Wheelock, Li Jiacheng is likely to become an obstacle, which is detrimental to Lin Baicheng.
Therefore, what Lin Baicheng now hopes is that Li Jiacheng will buy shares in Wheelock and then sell his shares after Wheelock's huge losses, so as not to cause trouble to Lin Baicheng's acquisition of Wheelock. However, these can only be thought about. It is unlikely that Li Jiacheng will act according to the script he wants.
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