Chapter 389: [Partial acquisition-the final word! 】
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Chapter 389 [Partial Acquisition-One Hammer Finale! 】
After the resumption of trading the next day, trading was active, and China Everbright Securities and HSBC, as Yalong’s securities acquisition representatives, began to get busy.
Upon seeing this, the CMB board of directors once again stated in the media: CMB’s board of directors has entrusted Jones Lang LaSalle to reassess CMB’s property assets and called on CMB’s shareholders to reject Yalong’s acquisition proposal on the grounds that Yalong’s bid was too low. The main points raised by the acquisition are not in line with economic principles, and the acquisition is not in the public interest.
This statement is indeed valid. Some shareholders heard about the revaluation of CMB’s property and immediately stopped selling their shares and continued to wait for the price.
Although CMB said on the surface that it would not reverse the takeover, it would stand still; in fact, at the price of 1.3 Hong Kong dollars per share on the market that day, CMB inhaled 150,000 shares of CMB’s ‘shocked’.
Of course, compared to Kialong’s acquisition of pediatrics on the same day, Yalong purchased 3 million shares of China Pakistan on the same day, and the total shareholding reached 32%, which is further from the goal.
The next day, Jones Lang LaSalle entrusted by CMB’s board of directors valued all CMB’s properties at 50 million Hong Kong dollars. Hong Kong and Kowloon was shocked.
Jones Lang LaSalle believes that if these properties are built with high-altitude development rights, their value will be greatly increased; if the main properties of CMB can be paid in auspicious (that is, these properties are no longer used as CMB factories and parking lots), they will be developed in accordance with government conditions. The net value of Pakistan's property is 50 million Hong Kong dollars, plus the value of CMB's buses, and the net asset value per share should be 1.6 Hong Kong dollars.
CMB’s property valuation was immediately refuted by Yalon.
Yalon’s general manager Luo Rui said that the ‘if’ of CMB’s board of directors is impractical, CMB’s land belongs to industrial land, and the change of use needs to be reported to the Hong Kong government and a large amount of fees must be paid.
For a while, the two sides once again fought each other in the media.
August 28th, Global Building, group meeting room.
Wu Guangyao presided over the meeting, which raised the meeting several levels.
"How many CMB shares does Yalong hold?" Wu Guangyao asked.
Luo Rui quickly said: “After three trading days of trading, Yaron currently holds 40% of China Pakistan’s shares, and I believe it will soon reach about 50%.”
Wu Guangyao shook his head and said, "The CMB board of directors is not a puppet and is at our mercy. Let me tell you the truth. According to the news of my reporter's visit, CMB was arguing with us on the property value of CMB in the newspaper, and at the same time, Employees agree to increase wages in order to win the sympathy and support of employees."
Acquisition consultant Riley said: "But we have also won the support of the Hong Kong government and citizens!"
Wu Guangyao looked at these people. Although they are all master acquisition masters, they are still a little different from his own.
Wu Guangyao asked: “If the CMB board of directors announces a 50% increase in annual dividends and implements this policy every year, who do you think investors will support?”
The people in the room took a breath of air-conditioning after hearing it, and then they realized that the CMB board of directors was controlled by Yan's family, and Yalong was turned away;
Rather than losing control of the Yan family, it is better to please investors generously to increase their reputation.
Wu Guangyao said again: “Or the CMB board of directors found the White Knight to form a new company and reverse the acquisition. Then what we have done before is useless?”
Wu Guangyao’s words made everyone calm down. The CMB board of directors is really abnormal these days. Apart from arguing with Yalong about the property value in the newspaper, no other actions have been seen;
Speaking of this, obviously the boss’s analysis is very reasonable!
Rory immediately said: “Boss, we are still 16% away from the 56% acquisition agreement (the announcement of the number of shares to be acquired must be abided by.) We are still 16% short of establishing an increase in prices at one go, without giving the CMB board of directors a chance to fight back.”
Wu Guangyao said with a smile: “It’s almost the same! Maximize the benefits as much as possible, and you may lose all the benefits. Therefore, when we acquire a company, as long as we feel that he has this value, then don’t be stingy, so as not to regret it in the future.”
"You will immediately make an announcement to acquire the remaining 16% of the shares at 1.6 Hong Kong dollars per share, only tomorrow; if we do not achieve the goal, we will abandon the acquisition and dump the shares in the market."
Everyone stunned, the boss is really hitting fire!
Not to mention the high price of 1.6 Hong Kong dollars per share, it is 1.5 Hong Kong dollars per share. As long as the boss announces that it is limited to one-day trading, the acquisition can be completed immediately.
After all, before the acquisition broke out, China Pakistan’s stock was only HK$0.85;
If Yaron did not intervene, those investors would have such a good opportunity.
In addition, if Yalong really sells shares in the market, CMB’s shares will definitely fall below 0.85 Hong Kong dollars, and even a plunge in CMB.
At that time, those who hold CMB stocks in their hands will really turn gold into silver!
After Yaron issued the announcement on the same day, the investors on the entire Hong Kong Island went crazy!
"Zhang Sheng, will you sell your CMB shares tomorrow?"
"Li Sheng, I will definitely not sell it. I will sell it for a P. This stock is worth at least 2 Hong Kong dollars, so I choose to sell it!"
"Haha, I think so too!"
This kind of scene happened in the stock circle. If you think this is true, then you are wrong;
After Zhang Sheng and Li Sheng separated, they both said to themselves: "Don't sell, let me sell! Everyone sells, then what if Yaron buys it full? Wouldn't I be able to make money? ."
This is the idea that a dead fellow is not dead, and many people have this idea.
Yan Chengkun, Yan Hongwei and others heard the announcement made by Yalong, and they were panicked!
"What should I do?" Everyone couldn't help but say silently.
For a long time, Yan Chengkun said weakly:
"Magnificent, you go to issue a notice to announce the increase in annual dividends, and strive to stabilize shareholders!"
"Honglin, go and ask the workers' representatives to appeal in the media that Yalong is a layman, and it is better to be familiar with everyone!"
"Hongyan, you can ask your Uncle Ye if you can raise enough funds tomorrow, we will buy the shares of China Pakistan at the same price and conduct a reverse takeover!"
If everyone in Yaron were here, they would be surprised!
Why does the boss know everything about the Yan family?
In fact, Wu Guangyao knew about the actions of the Yan family, but he only saw such cases in later generations.
Crossing is originally the biggest golden finger, so Wu Guangyao can guess Yan's actions, and it is easy to understand.
Regarding the China-Pakistan Board of Directors’ media reports on workers’ wage increases and shareholders’ increase in dividends at the end of the year, Yalon only responded with two sentences.
"The new CMB board of directors will also recognize these promises made by the Yan family today."
"These are not factors that affect the current transaction. It is the truth that investors can get real silver immediately!"
All of a sudden, the Yan family was driven to a dead end, without any possibility of winning.
Shareholders are willing to wait for half a year to get an allowance of a few tenths of Hong Kong dollars. What they want is to get profits immediately.
And the white knight Ye family of the Yan family, when he heard that he needed 1.6 Hong Kong dollars per share to acquire China Pakistan’s shares, and he needed to buy 20%, he immediately said that he did not have so much capital and he was unwilling to continue to join the battle.
The Ye family didn’t want to offend Wu Guangyao. At the beginning, he agreed to agree with Wu Guangyao without too much involvement;
Nowadays, when a discerning person sees it, he knows that Wu has killed his eyes!
Whoever stands in his way will definitely hold his hatred in the future and wait for an opportunity to retaliate.
On August 29, there were long queues at the gates of Everbright Securities and HSBC, all of which came to register for the sale of CMB shares.
Since then, the China-Pakistan takeover battle was declared to end with the victory of Global Freight.
The China-Pakistan acquisition war created a precedent for Hong Kong Island’s “partial acquisition”. During this period, both sides challenged the authorities’ securities supervision. Financial professionals on Hong Kong Island believed that this acquisition is a case worthy of study.
As for Yaron’s final final touch, everyone speculated that it came from Wu Guangyao.
Everyone is still wondering why Shark was not brave enough to make a ruthless hand at the beginning, after all, he has a wealth of dozens to hundreds of times that of the Yan family;
Soon everyone wants to understand that, after all, CMB is a public company listed company. If you do not control public opinion at the beginning, it will easily be rejected by the relevant senior officials of the Hong Kong government, resisted by the society, and disgusted by investors.
It is the so-called one link after another, linking each other!
(End of this chapter)
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Chapter 389 [Partial Acquisition-One Hammer Finale! 】
After the resumption of trading the next day, trading was active, and China Everbright Securities and HSBC, as Yalong’s securities acquisition representatives, began to get busy.
Upon seeing this, the CMB board of directors once again stated in the media: CMB’s board of directors has entrusted Jones Lang LaSalle to reassess CMB’s property assets and called on CMB’s shareholders to reject Yalong’s acquisition proposal on the grounds that Yalong’s bid was too low. The main points raised by the acquisition are not in line with economic principles, and the acquisition is not in the public interest.
This statement is indeed valid. Some shareholders heard about the revaluation of CMB’s property and immediately stopped selling their shares and continued to wait for the price.
Although CMB said on the surface that it would not reverse the takeover, it would stand still; in fact, at the price of 1.3 Hong Kong dollars per share on the market that day, CMB inhaled 150,000 shares of CMB’s ‘shocked’.
Of course, compared to Kialong’s acquisition of pediatrics on the same day, Yalong purchased 3 million shares of China Pakistan on the same day, and the total shareholding reached 32%, which is further from the goal.
The next day, Jones Lang LaSalle entrusted by CMB’s board of directors valued all CMB’s properties at 50 million Hong Kong dollars. Hong Kong and Kowloon was shocked.
Jones Lang LaSalle believes that if these properties are built with high-altitude development rights, their value will be greatly increased; if the main properties of CMB can be paid in auspicious (that is, these properties are no longer used as CMB factories and parking lots), they will be developed in accordance with government conditions. The net value of Pakistan's property is 50 million Hong Kong dollars, plus the value of CMB's buses, and the net asset value per share should be 1.6 Hong Kong dollars.
CMB’s property valuation was immediately refuted by Yalon.
Yalon’s general manager Luo Rui said that the ‘if’ of CMB’s board of directors is impractical, CMB’s land belongs to industrial land, and the change of use needs to be reported to the Hong Kong government and a large amount of fees must be paid.
For a while, the two sides once again fought each other in the media.
August 28th, Global Building, group meeting room.
Wu Guangyao presided over the meeting, which raised the meeting several levels.
"How many CMB shares does Yalong hold?" Wu Guangyao asked.
Luo Rui quickly said: “After three trading days of trading, Yaron currently holds 40% of China Pakistan’s shares, and I believe it will soon reach about 50%.”
Wu Guangyao shook his head and said, "The CMB board of directors is not a puppet and is at our mercy. Let me tell you the truth. According to the news of my reporter's visit, CMB was arguing with us on the property value of CMB in the newspaper, and at the same time, Employees agree to increase wages in order to win the sympathy and support of employees."
Acquisition consultant Riley said: "But we have also won the support of the Hong Kong government and citizens!"
Wu Guangyao looked at these people. Although they are all master acquisition masters, they are still a little different from his own.
Wu Guangyao asked: “If the CMB board of directors announces a 50% increase in annual dividends and implements this policy every year, who do you think investors will support?”
The people in the room took a breath of air-conditioning after hearing it, and then they realized that the CMB board of directors was controlled by Yan's family, and Yalong was turned away;
Rather than losing control of the Yan family, it is better to please investors generously to increase their reputation.
Wu Guangyao said again: “Or the CMB board of directors found the White Knight to form a new company and reverse the acquisition. Then what we have done before is useless?”
Wu Guangyao’s words made everyone calm down. The CMB board of directors is really abnormal these days. Apart from arguing with Yalong about the property value in the newspaper, no other actions have been seen;
Speaking of this, obviously the boss’s analysis is very reasonable!
Rory immediately said: “Boss, we are still 16% away from the 56% acquisition agreement (the announcement of the number of shares to be acquired must be abided by.) We are still 16% short of establishing an increase in prices at one go, without giving the CMB board of directors a chance to fight back.”
Wu Guangyao said with a smile: “It’s almost the same! Maximize the benefits as much as possible, and you may lose all the benefits. Therefore, when we acquire a company, as long as we feel that he has this value, then don’t be stingy, so as not to regret it in the future.”
"You will immediately make an announcement to acquire the remaining 16% of the shares at 1.6 Hong Kong dollars per share, only tomorrow; if we do not achieve the goal, we will abandon the acquisition and dump the shares in the market."
Everyone stunned, the boss is really hitting fire!
Not to mention the high price of 1.6 Hong Kong dollars per share, it is 1.5 Hong Kong dollars per share. As long as the boss announces that it is limited to one-day trading, the acquisition can be completed immediately.
After all, before the acquisition broke out, China Pakistan’s stock was only HK$0.85;
If Yaron did not intervene, those investors would have such a good opportunity.
In addition, if Yalong really sells shares in the market, CMB’s shares will definitely fall below 0.85 Hong Kong dollars, and even a plunge in CMB.
At that time, those who hold CMB stocks in their hands will really turn gold into silver!
After Yaron issued the announcement on the same day, the investors on the entire Hong Kong Island went crazy!
"Zhang Sheng, will you sell your CMB shares tomorrow?"
"Li Sheng, I will definitely not sell it. I will sell it for a P. This stock is worth at least 2 Hong Kong dollars, so I choose to sell it!"
"Haha, I think so too!"
This kind of scene happened in the stock circle. If you think this is true, then you are wrong;
After Zhang Sheng and Li Sheng separated, they both said to themselves: "Don't sell, let me sell! Everyone sells, then what if Yaron buys it full? Wouldn't I be able to make money? ."
This is the idea that a dead fellow is not dead, and many people have this idea.
Yan Chengkun, Yan Hongwei and others heard the announcement made by Yalong, and they were panicked!
"What should I do?" Everyone couldn't help but say silently.
For a long time, Yan Chengkun said weakly:
"Magnificent, you go to issue a notice to announce the increase in annual dividends, and strive to stabilize shareholders!"
"Honglin, go and ask the workers' representatives to appeal in the media that Yalong is a layman, and it is better to be familiar with everyone!"
"Hongyan, you can ask your Uncle Ye if you can raise enough funds tomorrow, we will buy the shares of China Pakistan at the same price and conduct a reverse takeover!"
If everyone in Yaron were here, they would be surprised!
Why does the boss know everything about the Yan family?
In fact, Wu Guangyao knew about the actions of the Yan family, but he only saw such cases in later generations.
Crossing is originally the biggest golden finger, so Wu Guangyao can guess Yan's actions, and it is easy to understand.
Regarding the China-Pakistan Board of Directors’ media reports on workers’ wage increases and shareholders’ increase in dividends at the end of the year, Yalon only responded with two sentences.
"The new CMB board of directors will also recognize these promises made by the Yan family today."
"These are not factors that affect the current transaction. It is the truth that investors can get real silver immediately!"
All of a sudden, the Yan family was driven to a dead end, without any possibility of winning.
Shareholders are willing to wait for half a year to get an allowance of a few tenths of Hong Kong dollars. What they want is to get profits immediately.
And the white knight Ye family of the Yan family, when he heard that he needed 1.6 Hong Kong dollars per share to acquire China Pakistan’s shares, and he needed to buy 20%, he immediately said that he did not have so much capital and he was unwilling to continue to join the battle.
The Ye family didn’t want to offend Wu Guangyao. At the beginning, he agreed to agree with Wu Guangyao without too much involvement;
Nowadays, when a discerning person sees it, he knows that Wu has killed his eyes!
Whoever stands in his way will definitely hold his hatred in the future and wait for an opportunity to retaliate.
On August 29, there were long queues at the gates of Everbright Securities and HSBC, all of which came to register for the sale of CMB shares.
Since then, the China-Pakistan takeover battle was declared to end with the victory of Global Freight.
The China-Pakistan acquisition war created a precedent for Hong Kong Island’s “partial acquisition”. During this period, both sides challenged the authorities’ securities supervision. Financial professionals on Hong Kong Island believed that this acquisition is a case worthy of study.
As for Yaron’s final final touch, everyone speculated that it came from Wu Guangyao.
Everyone is still wondering why Shark was not brave enough to make a ruthless hand at the beginning, after all, he has a wealth of dozens to hundreds of times that of the Yan family;
Soon everyone wants to understand that, after all, CMB is a public company listed company. If you do not control public opinion at the beginning, it will easily be rejected by the relevant senior officials of the Hong Kong government, resisted by the society, and disgusted by investors.
It is the so-called one link after another, linking each other!
(End of this chapter)
Chapter 389 Partial Acquisition-One Hammer Finale! After the resumption of trading the next day, trading was active, and China Everbright Securities and HSBC, as Yalong's securities acquisition representatives, began to get busy.Upon seeing this, the CMB board of directors once again stated in the media: CMB's board of directors has entrusted Jones Lang LaSalle to reassess CMB's property assets and called on CMB's shareholders to reject Yalong's acquisition proposal on the grounds that Yalong's bid was too low. The main points raised by the acquisition are not in line with economic principles, and the acquisition is not in the public interest.This statement is indeed valid. Some shareholders heard about the revaluation of CMB's property and immediately stopped selling their shares and continued to wait for the price.Although CMB said on the surface that it would not reverse the takeover, it would stand still; in fact, at the price of 1.3 Hong Kong dollars per share on the market that day, CMB inhaled 150,000 shares of CMB's shocked'.Of course, compared to Kialong's acquisition of pediatrics on the same day, Yalong purchased 3 million shares of China Pakistan on the same day, and the total shareholding reached 32%, which is further from the goal.The next day, Jones Lang LaSalle entrusted by CMB's board of directors valued all CMB's properties at 50 million Hong Kong dollars. Hong Kong and Kowloon was shocked.Jones Lang LaSalle believes that if these properties are built with high-altitude development rights, their value will be greatly increased; if the main properties of CMB can be paid in auspicious that is, these properties are no longer used as CMB factories and parking lots, they will be developed in accordance with government conditions. The net value of Pakistan's property is 50 million Hong Kong dollars, plus the value of CMB's buses, and the net asset value per share should be 1.6 Hong Kong dollars.CMB's property valuation was immediately refuted by Yalon.Yalon's general manager Luo Rui said that the if' of CMB's board of directors is impractical, CMB's land belongs to industrial land, and the change of use needs to be reported to the Hong Kong government and a large amount of fees must be paid.For a while, the two sides once again fought each other in the media.August 28th, Global Building, group meeting room.Wu Guangyao presided over the meeting, which raised the meeting several levels."How many CMB shares does Yalong hold?" Wu Guangyao asked.Luo Rui quickly said: After three trading days of trading, Yaron currently holds 40% of China Pakistan's shares, and I believe it will soon reach about 50%.Wu Guangyao shook his head and said, "The CMB board of directors is not a puppet and is at our mercy. Let me tell you the truth. According to the news of my reporter's visit, CMB was arguing with us on the property value of CMB in the newspaper, and at the same time, Employees agree to increase wages in order to win the sympathy and support of employees."Acquisition consultant Riley said: "But we have also won the support of the Hong Kong government and citizens!"Wu Guangyao looked at these people. Although they are all master acquisition masters, they are still a little different from his own.Wu Guangyao asked: If the CMB board of directors announces a 50% increase in annual dividends and implements this policy every year, who do you think investors will support?The people in the room took a breath of air-conditioning after hearing it, and then they realized that the CMB board of directors was controlled by Yan's family, and Yalong was turned away;Rather than losing control of the Yan family, it is better to please investors generously to increase their reputation.Wu Guangyao said again: Or the CMB board of directors found the White Knight to form a new company and reverse the acquisition. Then what we have done before is useless?Wu Guangyao's words made everyone calm down. The CMB board of directors is really abnormal these days. Apart from arguing with Yalong about the property value in the newspaper, no other actions have been seen;Speaking of this, obviously the boss's analysis is very reasonable!Rory immediately said: Boss, we are still 16% away from the 56% acquisition agreement the announcement of the number of shares to be acquired must be abided by. We are still 16% short of establishing an increase in prices at one go, without giving the CMB board of directors a chance to fight back.Wu Guangyao said with a smile: It's almost the same! Maximize the benefits as much as possible, and you may lose all the benefits. Therefore, when we acquire a company, as long as we feel that he has this value, then don't be stingy, so as not to regret it in the future."You will immediately make an announcement to acquire the remaining 16% of the shares at 1.6 Hong Kong dollars per share, only tomorrow; if we do not achieve the goal, we will abandon the acquisition and dump the shares in the market."Everyone stunned, the boss is really hitting fire!Not to mention the high price of 1.6 Hong Kong dollars per share, it is 1.5 Hong Kong dollars per share. As long as the boss announces that it is limited to one-day trading, the acquisition can be completed immediately.After all, before the acquisition broke out, China Pakistan's stock was only HK$0.85;If Yaron did not intervene, those investors would have such a good opportunity.In addition, if Yalong really sells shares in the market, CMB's shares will definitely fall below 0.85 Hong Kong dollars, and even a plunge in CMB.At that time, those who hold CMB stocks in their hands will really turn gold into silver!After Yaron issued the announcement on the same day, the investors on the entire Hong Kong Island went crazy!"Zhang Sheng, will you sell your CMB shares tomorrow?""Li Sheng, I will definitely not sell it. I will sell it for a P. This stock is worth at least 2 Hong Kong dollars, so I choose to sell it!""Haha, I think so too!"This kind of scene happened in the stock circle. If you think this is true, then you are wrong;After Zhang Sheng and Li Sheng separated, they both said to themselves: "Don't sell, let me sell! Everyone sells, then what if Yaron buys it full? Wouldn't I be able to make money? ."This is the idea that a dead fellow is not dead, and many people have this idea.Yan Chengkun, Yan Hongwei and others heard the announcement made by Yalong, and they were panicked!"What should I do?" Everyone couldn't help but say silently.For a long time, Yan Chengkun said weakly:"Magnificent, you go to issue a notice to announce the increase in annual dividends, and strive to stabilize shareholders!""Honglin, go and ask the workers' representatives to appeal in the media that Yalong is a layman, and it is better to be familiar with everyone!""Hongyan, you can ask your Uncle Ye if you can raise enough funds tomorrow, we will buy the shares of China Pakistan at the same price and conduct a reverse takeover!"If everyone in Yaron were here, they would be surprised!Why does the boss know everything about the Yan family?In fact, Wu Guangyao knew about the actions of the Yan family, but he only saw such cases in later generations.Crossing is originally the biggest golden finger, so Wu Guangyao can guess Yan's actions, and it is easy to understand.Regarding the China-Pakistan Board of Directors' media reports on workers' wage increases and shareholders' increase in dividends at the end of the year, Yalon only responded with two sentences."The new CMB board of directors will also recognize these promises made by the Yan family today.""These are not factors that affect the current transaction. It is the truth that investors can get real silver immediately!"All of a sudden, the Yan family was driven to a dead end, without any possibility of winning.Shareholders are willing to wait for half a year to get an allowance of a few tenths of Hong Kong dollars. What they want is to get profits immediately.And the white knight Ye family of the Yan family, when he heard that he needed 1.6 Hong Kong dollars per share to acquire China Pakistan's shares, and he needed to buy 20%, he immediately said that he did not have so much capital and he was unwilling to continue to join the battle.The Ye family didn't want to offend Wu Guangyao. At the beginning, he agreed to agree with Wu Guangyao without too much involvement;Nowadays, when a discerning person sees it, he knows that Wu has killed his eyes!Whoever stands in his way will definitely hold his hatred in the future and wait for an opportunity to retaliate.On August 29, there were long queues at the gates of Everbright Securities and HSBC, all of which came to register for the sale of CMB shares.Since then, the China-Pakistan takeover battle was declared to end with the victory of Global Freight.The China-Pakistan acquisition war created a precedent for Hong Kong Island's partial acquisition. During this period, both sides challenged the authorities' securities supervision. Financial professionals on Hong Kong Island believed that this acquisition is a case worthy of study.As for Yaron's final final touch, everyone speculated that it came from Wu Guangyao.Everyone is still wondering why Shark was not brave enough to make a ruthless hand at the beginning, after all, he has a wealth of dozens to hundreds of times that of the Yan family;Soon everyone wants to understand that, after all, CMB is a public company listed company. If you do not control public opinion at the beginning, it will easily be rejected by the relevant senior officials of the Hong Kong government, resisted by the society, and disgusted by investors.It is the so-called one link after another, linking each other!End of this chapter
