Rebirth of the Great Entertainment Empire - Chapter 653
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Xu Cun, who went to the mainland to attend the enthronement ceremony of the new general secretary, returned to Hong Kong.
At this time, the phenomenon of Bank of China and Bank of China-related bank runs has passed, and the stock market in Hong Kong has also tended to decline steadily.
July 1st.
Huang Baigao, president of DreamWorks Music Group, held a press conference in place of Xu Cun, chairman of DreamWorks Music Group, announcing that DreamWorks Music Group will be listed on the Hong Kong Stock Exchange in a week’s time, on July 8.
After the pre-IPO reorganization, DreamWorks Music Group’s equity distribution is as follows:
DreamWorks Group’s 75% shares have been restructured, and Xu Cun’s original shareholding in the Record Group and each record branch is fully owned by DreamWorks Group.
Huang Baigao holds 5% of the shares and 10% of the shares of Heung Kong branch.
Peng Guohua holds 3 percent of the shares and 5 percent of the Japanese branch.
Katsuto Matsuura holds 2% of the shares and 10% of the Japanese branch.
Chen Dali holds 2% of the shares and 10% of the Chinese branch.
Deng Yiming holds 2% of the shares and 10% of the Nanyang branch.
Zheng Donghan holds 2% of the shares and 10% of the European and American branches.
Chen Xiunan holds 10% of the shares of the Korean branch.
The remaining 8% were awarded by the General Administration of the Record Group (actually Xu Cun himself) to those who have made contributions to the record group, some important middle and high-level managers, and some singers who are worthy of training and winning.
After evaluation, the record group’s net assets are 12 billion Hong Kong dollars, the total share capital before listing is 6 billion shares, and the net assets per share are 2 Hong Kong dollars. Therefore, when Huang Baigao negotiated with the Hong Kong Stock Exchange and a number of securities companies that issued and raised shares, they all recognized the initial evaluation data of these three asset evaluation companies.
There is a very important rule for listing on the Hong Kong Stock Exchange. For companies with a market value of less than one billion Hong Kong dollars, the Stock Exchange requires that the listed shares must reach more than 25% of the total shares, which can only be more or less. For large groups with a market value of more than 5 billion Hong Kong dollars, only 15% to 25% of the outstanding shares are required. As for some giants with a market value of tens of billions of Hong Kong dollars, the Stock Exchange simply turns a blind eye when their shares in circulation exceed 10%.
Since the 1987 stock market crash, DreamWorks Music Group is the first large multinational group listed on the Stock Exchange with great social influence and a market value of over 10 billion.
Therefore, the Stock Exchange only requires 10% of the outstanding shares of the music group.
In other words, the record group only needs to guarantee the circulation of 600 million shares.
Rare things are expensive, and the record group is not short of money. Therefore, after a study by the general director of the record group (in fact, Xu Cun’s words), everyone will share 10% of the record group’s equity in proportion for listing. circulation.
After the launch of 10% on the basis of 75%, DreamWorks Group also owns 67.5% of the equity of the Record Group, and is still the absolute holding company of the Record Group.
July 8th.
Monday.
Hong Kong Stock Exchange.
(Heung Kong originally had four stock exchanges, namely the Hong Kong Stock Exchange, the Far East Stock Exchange, the Gold and Silver Stock Exchange, and the Kowloon Stock Exchange. It is very rare for a city to have four stock exchanges, and it also brings administrative Due to the difficulties in supervision, under the pressure of the Hong Kong government, after years of preparation, the four exchanges formally merged on April 2, 1986. The United Exchange began to operate and became the only securities exchange in Hong Kong. The main hall of the Stock Exchange is located in the Baye Plaza in Xucun, and the computer-aided trading system is used for securities trading. On September 22, 1986, the Stock Exchange was accepted as a member of the International Federation of Stock Exchanges. full member.)
The bidding stage of securities institutions before the record group conducts the transaction.
Before formally reciting the latest audited performance report handed over by the record group to the various securities companies and members who are preparing to bid Xu Cun, who was in the middle, saluted and said sincerely, “Thank you, Mr. Xu, for giving the people of Hong Kong this opportunity to make money!”
Zhou Songgang’s words are not polite words, but sincere words. During the 1987 stock market disaster, the United Exchange, as the only international stock exchange in the world that was closed for four days, was greatly affected. It was also reported that the top executives of the Stock Exchange were corrupt and bribery, which intensified the distrust of Heung Kong companies and Hong Kong people in the Stock Exchange~www.mtlnovel.com~, which led many Heung Kong companies to choose to go to Taiwan, London, Tokyo and other places for listing. As a result, there are only six new companies listed on the stock exchange in the past two years, which is seriously inconsistent with the status of its six major international financial centers. What’s more, the record group is still a large multinational group with great social influence and attention and a market value of more than 10 billion Hong Kong dollars, and the owner of the record group, Xu Cun, is a world-famous billionaire? Zhou Songgang is even optimistic that, through the listing of the record group on the Stock Exchange, the Stock Exchange will be able to recover from the two stock market crashes of August 7 and **!
Hearing Zhou Songgang’s thanks, Xu Cun rushed to Zhou Songgang for a bit of ice, and waved to the securities companies and members who were preparing to bid!
Seeing Xu Cun waving to them, many people with slightly poorer psychological qualities immediately felt as if they had been beaten by chicken blood, and secretly swore: “I must buy more shares of Mr. Xu’s company!”
Looking at the high-spirited crowd, Zhou Songgang began to read the latest performance report handed over by the record group: “In 1981, Mr. Xu, the pride of our people in Hong Kong, created the first DreamWorks Records in Hong Kong. And successively signed Mei Yanfang, Zhang Guorong, Alan Tam, Deng Lijun, Wang Fei, Yang Gangli, Sakai Noriko, Puchi Sachiko, Celine Dion, Li Xiuman and more than 200 famous singers and groups from various countries… April 1987 For the quarter, DreamWorks Music Group’s total revenue was HK$3,985.22 million, of which net profit was HK$1,704.577 million… At present, DreamWorks Music Group It has six branches including Hong Kong Branch, China Branch, Japan Branch, Nanyang Branch, Europe and America Branch, and South Korea Branch, and its sales channels cover 57 countries and regions around the world… Next, enter DreamWorks Records The listing auction stage!”
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