Jardine is lucky to have Niu Bijian, such a capable and conscientious leader of the large class; Yihe was unfortunate, and Niu Bijian's guess became a reality.
Shortly after Jardine's securities reported to Niu Bijian about the change in land's share price, happy industries, the main real estate business of happy group, announced that it had held 25% of land's shares and purchased 30 million additional land shares in cash at HK $29.6 per share in the next week. Land's shareholders can go to Gaoyi Xiangji securities and Duoli handled relevant transaction procedures.
As soon as the news came out, Xiangjiang stock market immediately boiled. Land's share price has been depressed for a long time. Happy industry has increased the purchase of land's shares at nearly twice the price. The trapped investors can not only get out of the sea of suffering, but also make a good profit.
In the emergency news broadcast by radio and television stations, various financial observers, stock market commentators and so on began to carry out analysis,
The surprise public acquisition of happy industries is obviously well prepared. The price is nearly twice as high as the first shot, which directly drives Jardine into a dead end. It is even tired of dealing with the acquisition storm of jiulongcang. How can it face the fierce attack in front of it?
I'm afraid that happy Industrial's purchase of 30 million additional shares of jiulongcang shares at a high price is intended to push the shareholding ratio to 49% in one fell swoop, so as to avoid the kind of entanglement between Bao Yugang and Jardine's control of jiulongcang and win the land cleanly.
In the final analysis, land and even Jardine's are dead, because the previous rounds of large-scale stock raising have extremely dispersed equity, failed to take into account the vital interests of minority shareholders and lost popular support.
Xiangjiang securities supervision office was not idle, and quickly held a meeting to study the purchase of Xiangjiang land shares by happy industry.
In more corners of Xiangjiang's business circles, private discussions have arisen one after another.
Sir Gao is really young and energetic. He has done something that many people have dreamed of but can't put into action.
……
Happy industries suddenly launched a hostile acquisition of Xiangjiang land, which turned the inner circle into a pot of porridge. As an authority, Jardine naturally has to be turned upside down.
Niu Bijian, the chief of Jardine's team, was shocked and frightened. He didn't even care about his anger. He immediately called Bao Fuda, executive director and general manager of land, to discuss countermeasures.
"We should immediately stop the listing and trading of land's shares in the four stock exchanges to prevent happy industry from absorbing more land's shares." Bao Fuda said grimly: "this can also control the rising speed of land's share price to a certain extent and buy time for us."
Niu Bijian nodded. The rise of land's share price is indeed a double-edged sword. For Jardine, the difficulty of repurchasing land's shares has increased significantly. When defending jiulongcang, he was so short of money. The main reason is not that he can't raise funds!
In this autumn of crisis, efficiency determines the outcome. Yihe thought of a countermeasure and naturally put it into practice immediately.
Therefore, Xiangjiang land announced that the listing of land shares in the four stock exchanges was temporarily suspended, and the resumption time was to be determined.
This did not cause any waves, because it was entirely reasonable.
Compared with the wildness of the Xiangjiang stock market in the early 1970s, the current Xiangjiang securities industry has been standardized many times, such as the suspension and resumption of stock trading.
For example, in the competition for milk companies, the wonderful landscape of high string and land acquisition while the shares of milk companies continue to be listed on the exchange and the price soars to the sky is gone forever.
It is widely predicted that Jardine will soon launch a package against the malicious acquisition of happy industry.
But one thing is that happy industry is not slow. It added a statement on its heels. When landlords go to Gaoyi, Xiangji securities and Duoli, they can complete the registration procedures first, so as to ensure the recognition of later transactions. It can be said that they are biting Yihe.
There is even more aggressive news that happy industry will require the board of directors of land to hold a shareholders' meeting to discuss its acquisition offer.
If the situation really develops like this, Jardine will be even more passive.
You should know that the land's financial statements and shareholders' meeting for the fiscal year 1977 presented to investors not long ago are as bright as ever, but small and medium-sized shareholders can't get tangible benefits. The reason why there is no news about this is simply that they have no choice.
Now, the happy group suddenly burst out with great energy. The conditions given are so favorable. How can it not be excited with the choice of small and medium-sized shareholders of land.
In fact, Jardine is already very passive. After Niu Bijian and Bao Fuda made the decision to suspend the trading of land purchase shares, they fell into a confused state like big eyes and small eyes.
In the final analysis, Jardine is in urgent need of a lot of cash. Unfortunately, most of the surplus in previous years has been obtained by the kaiserk family, which adheres to the strategy of "making profits in Xiangjiang and developing overseas". At this time, we can only think of financing methods now, and the way is to sell some stocks through its investment companies such as Jardine's securities and Jardine's wealth, Or sell some properties, no longer, seek bank support.
Niu Bijian took the latest collected information and stared at Huo Duoli, who provided consulting services for happy industry. After reading it for a long time, he finally said to Bao Fuda, "you first have a meeting with Jardine securities and Jardine rich. I'll go to Huifeng bank and have a good talk with Shen Bi."
……
In the office area of Gao's business kingdom in Xinhua people's Bank, there are telephone calls one after another.
Located in the top office, Gao Xian listened carefully to the reports of his subordinates.
"The securities regulatory office, the acquisition and merger Committee and other industry regulatory bodies have contacted us one after another and asked us to make a written explanation on the acquisition of Xiangjiang land by happy industry." Ye Licheng handed over a document, "this is the draft. Please see what's wrong."
Gao Xian looked at it several times word by word and sentence by sentence. He thought it was regular enough to make a difference. He was too lazy to write and modify it himself, so he nodded and clapped his head and said, "yes, just reply."
In fact, in the whole land acquisition plan, the factors considered by Gao Xian are not limited to the goal of land acquisition itself, but also the response of the Hong Kong government.
In short, the status of Sir Gao, JP and your excellency is enough to ensure that the influence of the Hong Kong government will play its role in the so-called civilized way.
For example, the securities regulatory office can ask, how can happy industry directly hold so many land shares without prior disclosure? Happy industry can answer that stock trading is intensive and has tried to disclose it to the market at the first time.
To put it bluntly, Jardine can use the resources of the Hong Kong government and use official pressure to prevent Gao Xian from acquiring land, but the Hong Kong government does not dare to use despicable tricks at the risk of universal condemnation.
At this time, the person in charge of observing the high-level developments of Jardine sent the latest news. Niu Bijian, Jardine's senior class, took a car to the headquarters of Huifeng bank.
Ye Licheng looked nervous, "just like dealing with Li Bancheng before, Niu Bijian should go to Huifeng bank for help."
Gao Xian waved his hand carelessly, "Shen Bi won't wade in muddy water this time."