I Want To Be a Rich Man on Hong Kong Island - Chapter 689

Chapter 689【Wheelock Battle II】

Wu Guangyao never thought of “I had no intention to love the red dust, but the shadow fell in the world”, Zhang Yuliang took the initiative to come to the door;

Zhang Yuliang said with a smile: “Mr. Wu, you are Weishui Xiangjiang, I wonder if you are interested in taking another British bank?”

Wu Guangyao held up the tea cup and motioned to Zhang Yuliang to taste tea first;

Drinking a sip of the special-grade Longjing tea on the edge of the West Lake, it immediately feels endless aftertaste.

“Mr. Zhang, to tell you, Wheelock’s assets are not what I like!”

Wu Guangyao did not explain the purpose of his acquisition of British capital. It was purely for investment, not Weishui Xiangjiang, nor was it for the so-called ‘destroying British capital’s prestige and boosting Chinese ambition’;

Even if you explain it to everyone, others may not believe it!

Zhang Yuliang said disappointedly: “That’s really a pity. My original intention was to find a good owner for Wheelock Group and seek the last benefit for shareholders!”

Maybe it is for the benefit of shareholders, or it may be for the sake of selling higher, but these are not worth studying;

Therefore, Wu Guangyao said with a smile: “Actually, there is a person who should be very interested in Wheelock Group. Why don’t we invite him to talk with him. Although I am not interested in most of the assets of Wheelock Group, I have I want to get a few assets, the most important of which is the shares of China Gas!”

Zhang Yuliang reacted immediately, who was Wu Guangyao talking about, and he said, “Mr. Wu is talking about Mr. Bao Yugang?”

Wu Guangyao nodded and said, “Yes, he has both the strength and the idea of ​​expanding onshore assets! If you don’t mind, it’s better to let him take the lead. I will be a soldier and form the acquisition company; of course, I am very good to Wheelock. The vast majority of assets are not interested, so after the acquisition, they will not talk about the deboning and skinning of Wheelock Group. Don’t worry about that!”

Zhang Yuliang said with a smile: “Even if you take the bones and skins, I have no opinion; strictly speaking, Wheelock is not my work, I am a businessman, and I only look at the benefits.”

Wu Guangyao said generously: “Lao Bao and I will give you a suitable price!”

In this life, Bao Yugang’s landing is not perfect. It must be a goal like Wheelock and he will naturally not be stingy.

Unfortunately, Bao Yugang was on the island, and a big brother called him. In less than an hour, he came to the Cheung Kong Building.

Seeing Zhang Yuliang, Bao Yugang’s face was happy, and he also guessed that something good would come.

In the case of Wheelock, if Zhang Yuliang does not seek foreign aid, businessmen on Hong Kong Island will not be able to intervene because they have to avoid suspicion;

Even if Bao Yugang, Li Ka-shing and others wanted to take Wheelock, there would be no reason to intervene without the ‘collusion’ within the Wheelock Group.

“Lao Zhang, are you here for help?” Bao Yugang is obviously also very familiar with Zhang Yuliang.

Zhang Yuliang smiled and said: “I don’t have such a big face!”

Wu Guangyao also smiled and said: “Lao Bao knew what was going on when he saw Lao Zhang, but he deliberately pretended to be confused!”

Just after Bao Yu sat down, he said, “I really don’t know what happened, but the incident with Wheelock outside is so big, I naturally know it too; I just have a guess, did Lao Zhang intentionally put it on the market?”

Zhang Yuliang nodded, and said: “Qiu Deba is a rich man in Southeast Asia, and my strength is not good, so naturally I can only choose to put on the market!”

This is obviously a lie!

Although Qiu Deba is strong, Zhang Yuliang is not bad at all, billions of Hong Kong dollars can still be easily taken out;

is nothing more than deliberate capitalization, it’s hard to say clearly!

Of course, Wu Guangyao would naturally not expose it, and directly said: “Old Bao, Lao Zhang intends to put it on the market, but I have no intention to take it all! Why don’t you come to be the flagship, and my subsidiary company will be a soldier and jointly take down Wheelock Group. ; After the event is over, I only need the shares of China Gas and the two buildings in Central; what do you think?”

Bao Yu didn’t even think about it, so he said, “That’s it!”

There are two reasons why Bao Yugang answered so freely, even without thinking:

First, Wu Guangyao takes the initiative. If he does not agree, Wu Guangyao can do it alone;

Second, Bao Yugang needs a loud company as its flagship. Wheelock Group is loud enough, after all, it is an old British company; therefore, even if it is a shell, Bao Yugang thinks it can be won.

Zhang Yuliang also immediately made a request: “Two, I only have one request-if the two join the acquisition, they must completely control Wheelock, and don’t let Qiu Deba have any gaps in the reverse takeover.”

“Absolutely no problem!”

“Don’t worry Lao Zhang, we two will take action, and the other side will never have a chance to fight back!”

February 1, Friday.

Wheelock’s stock resumed trading, and the stock was immediately too high, rising to 6.5 Hong Kong dollars, which exceeded the purchase price of FAL;

The reason why such a rise is so strong is naturally because Wu Guangyao ordered China Everbright Securities to sweep the market.

Shareholders have speculated that it was Zhang Yuliang who was carrying out a reverse takeover, because Qiu Deba had come back to the surface, if Zhang Yuliang did not want to hand over the company, he could only fight.

On the same day, Bao Yugang and Wu Guangyao did not make an announcement, but were preparing for the battle;

Wu Guangyao also did not directly participate in the acquisition, but took Wu Xianpeng to the front desk, in the name of Lao Fengxiang Jewelry, and Baos Huaxin Real Estate to form a joint acquisition of the company.

The financial consultant hired by Bao Yugang is also Everbright Securities under Wu Guangyao.

February 2nd, Saturday.

Everbright Securities’ representatives of Bao Yugang’s Huaxin Real Estate and Wu Xianpeng’s Lao Fengxiang Jewelry issued a conditional and comprehensive acquisition of Wheelock: A share of 6.6 Hong Kong dollars per share, B share of 0.66 Hong Kong dollars per share, AB shares are more expensive than Qiu Deba’s FAL’s acquisition price is 10% higher, and it plans to use HK$2.23 billion in cash for the acquisition; at the same time, it announced that it has directly and indirectly owned 34% of Wheelock’s equity, which comes from the family of Wheelock’s major shareholder Zhang Yuliang.

The stock market is closed, but stockholders are already boiling. They are vying to see the battle between the tigers and the dragons.

Shareholders saw that Wu Guangyao’s Lao Fengxiang Jewelry was also in the acquisition queue this time, but at first glance they knew it was soy sauce;

And stockholders have speculated that the Wu family’s participation in the acquisition may be the personal behavior of Wu’s ‘concubine giving birth to a child’.

If the Wu family led the acquisition, stockholders might remember that Wu family acquisitions are good at directly solving major shareholders, instead of attracting them in the market.

But Bao Yugang, who led the acquisition this time, everyone naturally hopes to see, after all, they are still evenly matched;

In this way, everyone can reap the benefits!

Qiu Deba brought a huge sum of money into Hong Kong, so he was naturally prepared for a reverse takeover, and everyone was ready to make a fortune.

The market will open on Monday, February 4.

Wheelock’s stock has a dark market of 6.8 Hong Kong dollars in the market (the stock is suspended, and the brokerage company has reached a sale and purchase agreement, and the transaction will be resumed after the resumption of trading.)

Wheelock is suspended, but the seven subsidiaries of Wheelock (Wheelock is the largest listed company owned by British-owned foreign companies) do not need to be suspended;

While the two subsidiaries of Wheelock Group, the Real Estate Trust and the Joint Enterprise, each held a large amount of Wheelock shares, the stock prices of these two companies were speculated on that day.

From this point of view, there are many loopholes in Hong Kong’s securities industry systems and regulations.

Next, both parties will come and go, and the acquisition will bring another climax.

Until February 12, Bao Yugang decided to cut through the mess. First, he bought the joint enterprise at a price of 11 Hong Kong dollars, a premium of 30%; the joint enterprise’s assets are mostly ships, but he owns 7% of Wheelock;

Then, Bao Yugang increased the purchase price of Defeng to 7.5 Hong Kong dollars for A shares and 0.75 Hong Kong dollars for B shares, and would use 25 Hong Kong dollars in cash.

This price is 80% premium compared to Wheelock’s initial price of 4.1 Hong Kong dollars per share, which shows the fierce situation of this acquisition.

The market has asked Qiu Deba to raise the purchase price, so as to continue to raise the shares in his hands;

Some investors even joined forces with reporters and directly dialed Qiu Deba’s financial company Luo Fuqi to inquire about the news;

Luo Fuqi said to no avail. The market speculated that Qiu Deba had given up the acquisition, so he went to the place designated by Huaxin Real Estate to trade his shares.

This acquisition is just over!

Afterwards, Qiu Deba transferred all the shares in his hand to Bao’s, making a profit of 100 million Hong Kong dollars;

Qiu Deba also went back to his hometown, focusing on developing in Nanyang.

Hong Kong is not so easy to squeeze in, because there are too many strong people.

(End of this chapter)