Reborn Tycoon Rise

Chapter 336 Acquisition of Kowloon Bus (3)

"I understand, the stocks in their hands have not been completely sold yet, so this should be considered good news." Lei Juekun nodded. He already knew that these people must be waiting for his quotation.

"This is actually not good news." Feng Songping said: "None of these people notified you in advance. This shows that the other party must be powerful. Although some directors and shareholders of Kowloon Bus hope that you can pay a high price, but I am not willing to take the initiative to leak this matter.”

"Is it possible that Standard Chartered Bank came forward to put pressure?" Lei Juekun asked unwillingly.

"It's possible, but being able to persuade Standard Chartered Bank to come forward shows that the other party is not a simple person." Feng Songping said. In order to make money, banks love to participate in such commercial acquisition wars and provide funds for one or even both parties, but they rarely use their own resources to acquire one party.

Lei Juekun nodded and said: "Feng Sheng, please prepare the funds for me first. As for who is behind this, I will definitely find out."

At the entrance of a luxury villa in Yuen Long South District, Hong Kong New Territories:

As soon as the fat man went out, he saw Lei Juekun arriving in person. He laughed loudly and said, "Brother Kun, why did you suddenly come to my little brother's house? There was no preparation at this house. So, I know there are people nearby." A restaurant tastes good, let’s go there and have a good meal.”

After Lei Juekun left the Wing Hang Bank headquarters, he came directly here to visit the fat man in front of him.

"Fat Shen, I'm not here to look for you to eat today." Lei Juekun smiled, took out a cigar from his waist pocket, handed it over and said, "I got this from an old friend in Brazil. There are only 7 top-grade cigars in total, but I can’t bear to taste them, so I’ll give them to you to try today.”

"Haha, Brother Kun understands me. In addition to eating, drinking, having fun, whoring and gambling, I also have a hobby of smoking cigars." Fatty Shen took the cigar, put it in front of his nose, took a deep breath, and showed an obsessed expression. .

"It's indeed a good product." Fatty Shen came to his senses and called again: "Brother Kun, please come in."

Lei Juekun was not polite and walked in directly.

"Fat Shen, I don't have that much time. I think you should know the purpose of my coming here today." Lei Juekun said clearly as soon as he sat down: "Make an offer!"

"Brother Kun, life is for enjoyment, why are you in such a hurry?" Fatty Shen did not answer directly, but took out a lighter and stretched it out in front of Lei Juekun.

Lei Juekun frowned deeply, put the cigar into his mouth, and placed the butt on the flame.

"Brazilian products are authentic. I haven't smoked such a good cigar for a long time." After taking a deep breath, Fatty Shen said with great enjoyment.

"If you like it, how about I prepare dozens of them for you every year?" Lei Juekun said with a smile.

Fatty Shen quickly waved his hands and refused: "That's not necessary. No matter how good something is, it's boring to enjoy it every day. It's better to change it."

Lei Juekun nodded and said: "This is not a problem. South America is rich in cigars. I can bring you any kind."

"That's not bad. Thank you Brother Kun." Fatty Shen squinted his eyes and said with a smile: "Then we have to talk about business. Brother Kun, you probably don't know who is the person who secretly acquired KMB shares. Bar?"

Lei Juekun said: "I don't know, but since you didn't notify me in advance, I think you wouldn't tell me even if I asked."

"I can't say." Fatty Shen smiled and said, "Brother Kun seems to be very sure that I didn't sell the stocks in my hands?"

“I know your character very well, and it’s impossible to take action casually without multiple comparisons.

What's more, the stock in your hand is second only to mine and is the most important step in this battle. And if you had already taken action, I think I would no longer be the chairman of Kowloon Bus. "Lei Juekun explained.

"So that's what happened. I thought Brother Kun would mention the connection between our two families?" Fatty Shen said with a smile. Although Kowloon Bus was founded by the Lei family, the elders of the Shen family were also the earliest elders and shareholders. Although the Lei and Shen families have some conflicts, their friendship has been quite deep over the years.

"It's meaningless to mention this kind of thing. I don't want to waste time with such meaningless things." Lei Juekun said with a smile.

Fatty Shen nodded and said, "Okay, since Brother Kun is so happy, I'll tell you straight away, one share is HK$7, what do you think of Brother Kun?"

"Okay." Lei Juekun agreed directly without any hesitation. The Shen family holds 11% of the shares of Kowloon Bus. As long as they acquire it, they will own 31% of the company. As long as they invest some cash, they can Reaching 40% of the equity, this way, no matter who the acquirer is, they can advance, attack, retreat or defend.

The current share price of Kowloon Bus is around HK$5. The acquisition price is HK$7, which is 40% expensive. However, the market value of Kowloon Bus is not high, only about HK$500 million. Even if it is purchased at a premium, it only costs an extra HK$20 to 30 million. That’s all.

"Brother Kun is so happy." Fatty Shen still squinted his eyes and said happily. Although the Shen family is one of the founders of Kowloon Bus, in fact, the entire management rights and board of directors of Kowloon Bus are controlled by the Lei family. Even he, the second largest shareholder, has no rights other than the title of director.

It's okay just like this, but as Kowloon Bus is a monopoly on people's livelihood in Hong Kong, its profit margin is regulated by the Hong Kong government, and its annual net profit cannot be higher than 16%. This has also resulted in Kowloon Bus's stock being very stable, and there is no What room for upside.

For example, in 1972, the market value of Kowloon Bus was HK$200 million, which was higher than that of Cheung Kong Holdings Limited, which was listed in that year. The latter had a market value of only HK$126 million. But today, nine years later, Kowloon Bus has a market value of HK$500 million, while Cheung Kong Holdings has a market value of HK$500 million. It has exceeded HK$5 billion!

Fatty Shen doesn't understand finance, but he also knows that holding Kowloon Bus stocks is not cost-effective. He has been trying to sell it, but recently, he finally waited for the most suitable time.

He had already calculated that the Lei family would fight to the death to keep Kowloon Bus, not because it was their family business, but because Kowloon Bus was a golden mountain for Lei Juekun.

For shareholders, Kowloon Bus is not a good investment because profits are limited. It can only be said to be relatively stable.

But for a holding family like the Lei family, it is an inexhaustible treasure.

The Kowloon Bus Company needs huge purchases every year, and these orders fall into the hands of other subsidiaries of Lui Juekkun. At the same time, KMB's bus advertising can be used by him, and KMB's route layout can make him a partner for cooperation with many real estate companies. chips.

These behaviors will inevitably be investigated by shareholders in ordinary listed companies, but they will have no impact on Kowloon Bus, which is subject to profit control by the Hong Kong government, as long as the annual profit reaches the maximum 16%.

That is to take advantage of this, the Lei Juekkun family, through its own 100%-controlled real estate company, jointly develops many sites owned by Kowloon Bus. As long as a small part of the profits is handed over to Kowloon Bus, it can guarantee a total profit margin of 16%. , the others were of course accepted by Lei Juekun himself.

Lei Juekun smiled and said: "Okay, I will arrange for someone to prepare the contract, and someone will send the check at the same time."

"Okay, when the check arrives, we will go to the stock exchange for trading immediately." Fatty Shen said with a satisfied smile.

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