Chapter 387: [Partial acquisition-China-Pakistan M&A war 3]
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Chapter 387 [Partial Acquisition-China-Pakistan M&A War 3]
After half a month of secret absorption in the market, Yalong already owns 5% of China Pakistan;
At this time, some alert investors have discovered the abnormality of CMB and no longer sell their shares;
After all, once this happens, it means that someone is secretly taking in CMB shares, and the most likely purpose is to purchase CMB;
In this way, the shares in everyone's hands will be valuable, and naturally they need to be sold.
When some old investors discovered this situation, they even began to spread this kind of thing in circles to form a fighting force with retail investors.
After discovering this problem, Yalong stopped secretly acquiring shares in China Pakistan;
then proposed to HSBC Bank and Hutchison Whampoa to acquire the shares in its hands, and again obtained 7% of the shares.
In this way, Yalong’s CMB shares already own 12%, making it the third largest shareholder, second only to the Yan family and the Huang family.
In a conference room of the Global Building, Yalong’s acquisition team reported to the group directors.
"Dear directors and leaders, at present, Yalon owns 12% of CMB shares, totaling 7.2 million shares, and spent a total of 6.7 million Hong Kong dollars." Luo Rui said calmly.
After listening to the report, Sundars asked curiously: "Mr. Wu has taken a fancy to the large amount of cheap land owned by CMB?"
Wu Guangyao would not tell him, just because Yan Chengkun’s grandson annoyed him, he chose to initiate a hostile takeover with China Pakistan in the mid-sixties, otherwise he really didn’t want to start too early.
At this time, CMB has a large number of repair shops, parking lots, and a large amount of land resources, but it is not enough to make Wu Guangyao jealous. After all, he can wait six or seven years to buy the bottom.
In addition, in five or six years, the Hong Kong government will limit the profit of bus companies to a limit of 15%; the excess part is invested in the development fund, and when the profit is insufficient, the development fund will allocate funds to the bus company; the development fund can be used up. Apply for a price increase.
Finally, CMB needs to increase the route according to the Hong Kong government’s intentions, and the size of the fleet also needs to be implemented in accordance with the Hong Kong government’s guidance.
To sum up, if there is no unpleasantness, Wu Guangyao would really not risk being said to be a hostile takeover to acquire such a small company.
However, the dragon has the inverse scales, and Wu Guangyao also has a bottom line, that is, his family!
So, if Yan Chengkun feels that Wu Guangyao deliberately bullied him, then he should think about the education of future generations.
"That's not the case. I think that CMB is in the hands of the Yan family, which has caused the people of Hong Kong Island to complain. A public service company has done a good job. Therefore, in order to benefit the people of Hong Kong Island, we, the Global Group, have this obligation to undertake the CMB. Company." Wu Guangyao said righteously.
Sundus was taken aback, wondering if you really are so noble?
However, Sundarshi will naturally not expose Wu Guangyao.
"From the Huang family, speed up the process, and then we will make a blatant announcement to start this acquisition war!" Wu Guangyao said at last.
"Yes, boss, promise to complete the task in three days."
It’s not to blame Luo Rui for being so self-confident, but the Huang family has been selling shares all the time, so it has changed from a major shareholder to a second shareholder;
Then Yalong proposed to purchase all at once, the Huang family naturally saved a lot of trouble, and the selling price was also the highest, which was not affected by the massive sell-off in the market.
After Yalong explained his intention, the Huang family quickly agreed to transfer 15% of CMB shares in his hand, totaling 9 million shares.
Because Huang's family and Yan's family are already incompatible with CMB, they have long deliberately withdrew;
In addition, Yalong purchases at a price of 1.2 Hong Kong dollars per share. This price is higher than the market price (1 Hong Kong dollars), which is a very good price.
Since then, Yalong has owned 27% of China Pakistan.
In the conference room, Wu Guangyao, He Yuanzhang, Gao Ke and others participated in the Yalong group plan as observers.
The acquisition consultant Lai Yiyi said: "China Pakistan is a publicly listed company, and the acquisition requires the approval of the relevant senior officials of the Hong Kong government; also, because we are not a full acquisition, we need to do a lot of public relations work, so we can't rush to a showdown. I want to become the owner of CMB. Instead, I want to show my status as the largest minority shareholder and make reform proposals to CMB in order to gain the support of the Hong Kong government’s senior officials, the Hong Kong government’s securities supervisor, and the public.”
Relly’s words have been unanimously agreed by everyone. This acquisition does not need to be rich, but also needs to work in various aspects on Hong Kong Island.
Think about it, if the Global Group really takes the money to directly acquire CMB, then the Hong Kong government has every reason to introduce a bus company to operate on the island, because you are not a listed company but a private company, and even directly cancel your right to operate.
The value of the CMB acquired in this way is greatly reduced, and only the land has value.
At this time, the red line that touches the full acquisition is 49% of the shares, that is to say, who owns more than 49% of the shares, then you must make a full acquisition of this listed company.
And if Yalong only acquired 49% of China Pakistan’s shares, would the Yan family fight to the death, directly acquire 50% of the shares, and then reverse the acquisition of Yalong’s shares.
In this way, CMB may lose its franchise on the island, but there are always many ways to do it, and there may be a glimmer of life!
Based on this consideration, Riley came up with a ‘partial acquisition’ plan:
The so-called ‘partial acquisition’ means that Yalong made an announcement saying that it would acquire 56% of the shares, but because of the special nature of China Pakistan, we do not carry out a full-scale acquisition.
Although this is a securities loophole, it naturally needs the support of the securities supervision industry on Hong Kong Island, so a lot of public opinion work needs to be done in the early stage!
Yan's house, living room.
Yan Chengkun said to his eldest son Yan Hongwei: “How many shares of CMB did we acquire?”
It turned out that Yan Chengkun also discovered that someone was secretly acquiring shares in CMB, so he hurriedly asked his eldest son Yan Hongwei to also quietly buy shares in CMB to strengthen the family’s equity.
Yan Hongwei said: "Now the market is vigilant. It is a bit difficult to secretly acquire shares. Now we have only acquired 800,000 shares, which is less than 2% of the shares. In this way, our Yan family holds a total of 32% of China Pakistan. ."
Yan Chengkun frowned upon hearing this. He didn't expect that things had happened to such an extent, indicating that the other party had already acquired a lot of shares, which led to this kind of market situation.
"Who is the idea of hitting CMB?" Yan Chengkun couldn't help but mutter to himself.
Yan Hongwei cautiously said, “Should I go to my father-in-law’s house to see if their stocks are in my hands, or are you willing to sell them to us!”
"No need to go! The Yanhuang family have become enemies. You can only be ridiculed, and they will not tell you the truth, but let us misjudge the situation. Since the enemy wants to attack China and Pakistan, it will definitely be. Make an announcement, wait a minute!"
On July 18, Yalong issued an announcement stating that Yalong already owns 27% of China Pakistan’s shares and has the right to enter the board of directors of China Pakistan.
At the same time, Yalong made suggestions on the management and efficiency of China and Pakistan:
1. Improve the service of CMB, replace the old CMB, and increase the frequency of the same route.
2. Improve the standard and frequency of bus maintenance, and improve the sanitary conditions on the bus.
3. Improve employee service conditions, working environment and internal promotion opportunities.
Ordinary people’s suggestions for Yalong were naturally unanimously applauded. Therefore, their favor with Yalong, a Chinese and Pakistani shareholder, suddenly increased.
Yan Chengkun was furious, his opponent finally surfaced, and was very disgusted with Yaron's suggestion.
"Who is Yalong's boss? You should check it out for me, why suddenly we have 27% of the shares, and we are still in the dark." Yan Chengkun said loudly to the management.
Soon, Yan Chengkun got the answer. After listening, his face was full of shock!
Wu Guangyao’s identity and strength are too overwhelming;
If it's someone else who doesn't know what is good or bad, come to stroke this tiger's beard, and now he has begun to curse.
(End of this chapter)
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Chapter 387 [Partial Acquisition-China-Pakistan M&A War 3]
After half a month of secret absorption in the market, Yalong already owns 5% of China Pakistan;
At this time, some alert investors have discovered the abnormality of CMB and no longer sell their shares;
After all, once this happens, it means that someone is secretly taking in CMB shares, and the most likely purpose is to purchase CMB;
In this way, the shares in everyone's hands will be valuable, and naturally they need to be sold.
When some old investors discovered this situation, they even began to spread this kind of thing in circles to form a fighting force with retail investors.
After discovering this problem, Yalong stopped secretly acquiring shares in China Pakistan;
then proposed to HSBC Bank and Hutchison Whampoa to acquire the shares in its hands, and again obtained 7% of the shares.
In this way, Yalong’s CMB shares already own 12%, making it the third largest shareholder, second only to the Yan family and the Huang family.
In a conference room of the Global Building, Yalong’s acquisition team reported to the group directors.
"Dear directors and leaders, at present, Yalon owns 12% of CMB shares, totaling 7.2 million shares, and spent a total of 6.7 million Hong Kong dollars." Luo Rui said calmly.
After listening to the report, Sundars asked curiously: "Mr. Wu has taken a fancy to the large amount of cheap land owned by CMB?"
Wu Guangyao would not tell him, just because Yan Chengkun’s grandson annoyed him, he chose to initiate a hostile takeover with China Pakistan in the mid-sixties, otherwise he really didn’t want to start too early.
At this time, CMB has a large number of repair shops, parking lots, and a large amount of land resources, but it is not enough to make Wu Guangyao jealous. After all, he can wait six or seven years to buy the bottom.
In addition, in five or six years, the Hong Kong government will limit the profit of bus companies to a limit of 15%; the excess part is invested in the development fund, and when the profit is insufficient, the development fund will allocate funds to the bus company; the development fund can be used up. Apply for a price increase.
Finally, CMB needs to increase the route according to the Hong Kong government’s intentions, and the size of the fleet also needs to be implemented in accordance with the Hong Kong government’s guidance.
To sum up, if there is no unpleasantness, Wu Guangyao would really not risk being said to be a hostile takeover to acquire such a small company.
However, the dragon has the inverse scales, and Wu Guangyao also has a bottom line, that is, his family!
So, if Yan Chengkun feels that Wu Guangyao deliberately bullied him, then he should think about the education of future generations.
"That's not the case. I think that CMB is in the hands of the Yan family, which has caused the people of Hong Kong Island to complain. A public service company has done a good job. Therefore, in order to benefit the people of Hong Kong Island, we, the Global Group, have this obligation to undertake the CMB. Company." Wu Guangyao said righteously.
Sundus was taken aback, wondering if you really are so noble?
However, Sundarshi will naturally not expose Wu Guangyao.
"From the Huang family, speed up the process, and then we will make a blatant announcement to start this acquisition war!" Wu Guangyao said at last.
"Yes, boss, promise to complete the task in three days."
It’s not to blame Luo Rui for being so self-confident, but the Huang family has been selling shares all the time, so it has changed from a major shareholder to a second shareholder;
Then Yalong proposed to purchase all at once, the Huang family naturally saved a lot of trouble, and the selling price was also the highest, which was not affected by the massive sell-off in the market.
After Yalong explained his intention, the Huang family quickly agreed to transfer 15% of CMB shares in his hand, totaling 9 million shares.
Because Huang's family and Yan's family are already incompatible with CMB, they have long deliberately withdrew;
In addition, Yalong purchases at a price of 1.2 Hong Kong dollars per share. This price is higher than the market price (1 Hong Kong dollars), which is a very good price.
Since then, Yalong has owned 27% of China Pakistan.
In the conference room, Wu Guangyao, He Yuanzhang, Gao Ke and others participated in the Yalong group plan as observers.
The acquisition consultant Lai Yiyi said: "China Pakistan is a publicly listed company, and the acquisition requires the approval of the relevant senior officials of the Hong Kong government; also, because we are not a full acquisition, we need to do a lot of public relations work, so we can't rush to a showdown. I want to become the owner of CMB. Instead, I want to show my status as the largest minority shareholder and make reform proposals to CMB in order to gain the support of the Hong Kong government’s senior officials, the Hong Kong government’s securities supervisor, and the public.”
Relly’s words have been unanimously agreed by everyone. This acquisition does not need to be rich, but also needs to work in various aspects on Hong Kong Island.
Think about it, if the Global Group really takes the money to directly acquire CMB, then the Hong Kong government has every reason to introduce a bus company to operate on the island, because you are not a listed company but a private company, and even directly cancel your right to operate.
The value of the CMB acquired in this way is greatly reduced, and only the land has value.
At this time, the red line that touches the full acquisition is 49% of the shares, that is to say, who owns more than 49% of the shares, then you must make a full acquisition of this listed company.
And if Yalong only acquired 49% of China Pakistan’s shares, would the Yan family fight to the death, directly acquire 50% of the shares, and then reverse the acquisition of Yalong’s shares.
In this way, CMB may lose its franchise on the island, but there are always many ways to do it, and there may be a glimmer of life!
Based on this consideration, Riley came up with a ‘partial acquisition’ plan:
The so-called ‘partial acquisition’ means that Yalong made an announcement saying that it would acquire 56% of the shares, but because of the special nature of China Pakistan, we do not carry out a full-scale acquisition.
Although this is a securities loophole, it naturally needs the support of the securities supervision industry on Hong Kong Island, so a lot of public opinion work needs to be done in the early stage!
Yan's house, living room.
Yan Chengkun said to his eldest son Yan Hongwei: “How many shares of CMB did we acquire?”
It turned out that Yan Chengkun also discovered that someone was secretly acquiring shares in CMB, so he hurriedly asked his eldest son Yan Hongwei to also quietly buy shares in CMB to strengthen the family’s equity.
Yan Hongwei said: "Now the market is vigilant. It is a bit difficult to secretly acquire shares. Now we have only acquired 800,000 shares, which is less than 2% of the shares. In this way, our Yan family holds a total of 32% of China Pakistan. ."
Yan Chengkun frowned upon hearing this. He didn't expect that things had happened to such an extent, indicating that the other party had already acquired a lot of shares, which led to this kind of market situation.
"Who is the idea of hitting CMB?" Yan Chengkun couldn't help but mutter to himself.
Yan Hongwei cautiously said, “Should I go to my father-in-law’s house to see if their stocks are in my hands, or are you willing to sell them to us!”
"No need to go! The Yanhuang family have become enemies. You can only be ridiculed, and they will not tell you the truth, but let us misjudge the situation. Since the enemy wants to attack China and Pakistan, it will definitely be. Make an announcement, wait a minute!"
On July 18, Yalong issued an announcement stating that Yalong already owns 27% of China Pakistan’s shares and has the right to enter the board of directors of China Pakistan.
At the same time, Yalong made suggestions on the management and efficiency of China and Pakistan:
1. Improve the service of CMB, replace the old CMB, and increase the frequency of the same route.
2. Improve the standard and frequency of bus maintenance, and improve the sanitary conditions on the bus.
3. Improve employee service conditions, working environment and internal promotion opportunities.
Ordinary people’s suggestions for Yalong were naturally unanimously applauded. Therefore, their favor with Yalong, a Chinese and Pakistani shareholder, suddenly increased.
Yan Chengkun was furious, his opponent finally surfaced, and was very disgusted with Yaron's suggestion.
"Who is Yalong's boss? You should check it out for me, why suddenly we have 27% of the shares, and we are still in the dark." Yan Chengkun said loudly to the management.
Soon, Yan Chengkun got the answer. After listening, his face was full of shock!
Wu Guangyao’s identity and strength are too overwhelming;
If it's someone else who doesn't know what is good or bad, come to stroke this tiger's beard, and now he has begun to curse.
(End of this chapter)
Chapter 387 Partial Acquisition-China-Pakistan M&A War 3After half a month of secret absorption in the market, Yalong already owns 5% of China Pakistan;At this time, some alert investors have discovered the abnormality of CMB and no longer sell their shares;After all, once this happens, it means that someone is secretly taking in CMB shares, and the most likely purpose is to purchase CMB;In this way, the shares in everyone's hands will be valuable, and naturally they need to be sold.When some old investors discovered this situation, they even began to spread this kind of thing in circles to form a fighting force with retail investors.After discovering this problem, Yalong stopped secretly acquiring shares in China Pakistan;then proposed to HSBC Bank and Hutchison Whampoa to acquire the shares in its hands, and again obtained 7% of the shares.In this way, Yalong's CMB shares already own 12%, making it the third largest shareholder, second only to the Yan family and the Huang family.In a conference room of the Global Building, Yalong's acquisition team reported to the group directors."Dear directors and leaders, at present, Yalon owns 12% of CMB shares, totaling 7.2 million shares, and spent a total of 6.7 million Hong Kong dollars." Luo Rui said calmly.After listening to the report, Sundars asked curiously: "Mr. Wu has taken a fancy to the large amount of cheap land owned by CMB?"Wu Guangyao would not tell him, just because Yan Chengkun's grandson annoyed him, he chose to initiate a hostile takeover with China Pakistan in the mid-sixties, otherwise he really didn't want to start too early.At this time, CMB has a large number of repair shops, parking lots, and a large amount of land resources, but it is not enough to make Wu Guangyao jealous. After all, he can wait six or seven years to buy the bottom.In addition, in five or six years, the Hong Kong government will limit the profit of bus companies to a limit of 15%; the excess part is invested in the development fund, and when the profit is insufficient, the development fund will allocate funds to the bus company; the development fund can be used up. Apply for a price increase.Finally, CMB needs to increase the route according to the Hong Kong government's intentions, and the size of the fleet also needs to be implemented in accordance with the Hong Kong government's guidance.To sum up, if there is no unpleasantness, Wu Guangyao would really not risk being said to be a hostile takeover to acquire such a small company.However, the dragon has the inverse scales, and Wu Guangyao also has a bottom line, that is, his family!So, if Yan Chengkun feels that Wu Guangyao deliberately bullied him, then he should think about the education of future generations."That's not the case. I think that CMB is in the hands of the Yan family, which has caused the people of Hong Kong Island to complain. A public service company has done a good job. Therefore, in order to benefit the people of Hong Kong Island, we, the Global Group, have this obligation to undertake the CMB. Company." Wu Guangyao said righteously.Sundus was taken aback, wondering if you really are so noble?However, Sundarshi will naturally not expose Wu Guangyao."From the Huang family, speed up the process, and then we will make a blatant announcement to start this acquisition war!" Wu Guangyao said at last."Yes, boss, promise to complete the task in three days."It's not to blame Luo Rui for being so self-confident, but the Huang family has been selling shares all the time, so it has changed from a major shareholder to a second shareholder;Then Yalong proposed to purchase all at once, the Huang family naturally saved a lot of trouble, and the selling price was also the highest, which was not affected by the massive sell-off in the market.After Yalong explained his intention, the Huang family quickly agreed to transfer 15% of CMB shares in his hand, totaling 9 million shares.Because Huang's family and Yan's family are already incompatible with CMB, they have long deliberately withdrew;In addition, Yalong purchases at a price of 1.2 Hong Kong dollars per share. This price is higher than the market price 1 Hong Kong dollars, which is a very good price.Since then, Yalong has owned 27% of China Pakistan.In the conference room, Wu Guangyao, He Yuanzhang, Gao Ke and others participated in the Yalong group plan as observers.The acquisition consultant Lai Yiyi said: "China Pakistan is a publicly listed company, and the acquisition requires the approval of the relevant senior officials of the Hong Kong government; also, because we are not a full acquisition, we need to do a lot of public relations work, so we can't rush to a showdown. I want to become the owner of CMB. Instead, I want to show my status as the largest minority shareholder and make reform proposals to CMB in order to gain the support of the Hong Kong government's senior officials, the Hong Kong government's securities supervisor, and the public.Relly's words have been unanimously agreed by everyone. This acquisition does not need to be rich, but also needs to work in various aspects on Hong Kong Island.Think about it, if the Global Group really takes the money to directly acquire CMB, then the Hong Kong government has every reason to introduce a bus company to operate on the island, because you are not a listed company but a private company, and even directly cancel your right to operate.The value of the CMB acquired in this way is greatly reduced, and only the land has value.At this time, the red line that touches the full acquisition is 49% of the shares, that is to say, who owns more than 49% of the shares, then you must make a full acquisition of this listed company.And if Yalong only acquired 49% of China Pakistan's shares, would the Yan family fight to the death, directly acquire 50% of the shares, and then reverse the acquisition of Yalong's shares.In this way, CMB may lose its franchise on the island, but there are always many ways to do it, and there may be a glimmer of life!Based on this consideration, Riley came up with a partial acquisition' plan:The so-called partial acquisition' means that Yalong made an announcement saying that it would acquire 56% of the shares, but because of the special nature of China Pakistan, we do not carry out a full-scale acquisition.Although this is a securities loophole, it naturally needs the support of the securities supervision industry on Hong Kong Island, so a lot of public opinion work needs to be done in the early stage!Yan's house, living room.Yan Chengkun said to his eldest son Yan Hongwei: How many shares of CMB did we acquire?It turned out that Yan Chengkun also discovered that someone was secretly acquiring shares in CMB, so he hurriedly asked his eldest son Yan Hongwei to also quietly buy shares in CMB to strengthen the family's equity.Yan Hongwei said: "Now the market is vigilant. It is a bit difficult to secretly acquire shares. Now we have only acquired 800,000 shares, which is less than 2% of the shares. In this way, our Yan family holds a total of 32% of China Pakistan. ."Yan Chengkun frowned upon hearing this. He didn't expect that things had happened to such an extent, indicating that the other party had already acquired a lot of shares, which led to this kind of market situation."Who is the idea of hitting CMB?" Yan Chengkun couldn't help but mutter to himself.Yan Hongwei cautiously said, Should I go to my father-in-law's house to see if their stocks are in my hands, or are you willing to sell them to us!"No need to go! The Yanhuang family have become enemies. You can only be ridiculed, and they will not tell you the truth, but let us misjudge the situation. Since the enemy wants to attack China and Pakistan, it will definitely be. Make an announcement, wait a minute!"On July 18, Yalong issued an announcement stating that Yalong already owns 27% of China Pakistan's shares and has the right to enter the board of directors of China Pakistan.At the same time, Yalong made suggestions on the management and efficiency of China and Pakistan:1. Improve the service of CMB, replace the old CMB, and increase the frequency of the same route.2. Improve the standard and frequency of bus maintenance, and improve the sanitary conditions on the bus.3. Improve employee service conditions, working environment and internal promotion opportunities.Ordinary people's suggestions for Yalong were naturally unanimously applauded. Therefore, their favor with Yalong, a Chinese and Pakistani shareholder, suddenly increased.Yan Chengkun was furious, his opponent finally surfaced, and was very disgusted with Yaron's suggestion."Who is Yalong's boss? You should check it out for me, why suddenly we have 27% of the shares, and we are still in the dark." Yan Chengkun said loudly to the management.Soon, Yan Chengkun got the answer. After listening, his face was full of shock!Wu Guangyao's identity and strength are too overwhelming;If it's someone else who doesn't know what is good or bad, come to stroke this tiger's beard, and now he has begun to curse.End of this chapter
