Spring Thunder Chapter 0284 Holdings of Kowloon Motor Bus
Over at Xiangkeng, Lei Jukun was fuming and looking anxious. After asking around, he found out that many shareholders had quietly sold their shares without even notifying him.
In particular, the company's second largest shareholder, who holds 12.6% of the company's shares, has also changed hands. Lei Jukun whimpered softly, already having a feeling of "the wolf is coming". He couldn't figure out whether he was still the largest shareholder of Kowloon Motor Bus.
After thinking about the strategy, Lei Jukun immediately contacted the South Asia Bank, which had a good relationship with the Lei family, and asked them to help buy stocks in the secondary market to ensure the Lei family's dominance in Kowloon Motor Bus.
At this time, Fang Mengyin was in the office of Fang Group, listening to Yuan Tianfan's report.
"Mr. Fang, we have already acquired 31.8% of Kowloon Motor Bus shares, and the share price has risen to HK$470 million. Should we start the full premium acquisition?"
"Has Lei Jukun made any move?" Fang Mengyin said to Yuan Tianfan.
"Lei Jukun went to South Asia Bank today. He probably doesn't know how many shares we have and is still hoping to buy them in the secondary market."
After listening to Yuan Tianfan's words, Fang Mengyin said: "Since Lei Jukun already knows that we are acquiring Kowloon Motor Bus, we don't need to hide our intentions and just openly raise our placards to carry out a hostile takeover.
Kowloon Motor Bus is currently trading at $4.20 per share. We have released the news that our Fang Group will fully acquire the shares at $5.20."
"Okay, Mr. Fang, I'll arrange it right away."
After Yuan Tianfan finished speaking, he stood up and walked out of Fang Mengyin's office.
In the Hong Kong Stock Exchange's VIP room of South Asia Bank, Lei Jukun was sitting on the sofa, listening to the trader reporting on the acquisition of shares.
Suddenly a trader rushed in, "Mr. Lei, this is bad. Fang Group has announced that it will buy shares of Kowloon Motor Bus at a price 1 Hong Kong dollar higher than the current market price."
When Lei Jukun heard the trader's report, his face suddenly turned ugly. He immediately found the securities manager Wan Hong and said, "Manager Wan, please spread the news immediately. We will offer 6 Hong Kong dollars."
When the news about Lei Jukun was released, Fang Mengyin got the news immediately, and Yuan Tianfan immediately snapped up Kowloon Motor Bus shares at a price of HK$7.
Today's stock market is extremely lively. With Fang Mengyin and Lei Jukun's successive moves, a large number of investors watched as the share price of Kowloon Motor Bus quickly rose to a high price of HK$7 like a rocket, with an increase of 66.66%. They regretted not buying more Kowloon Motor Bus shares.
After Fang Mengyin offered a high price of HK$7 per share, in just half an hour, she had acquired 11.7% of the shares in the market, bringing the Fang Group's shares to 43.5%.
Fang Mengyin quickly stopped the stock acquisition and released the news that Fang had already acquired 43.5% of Kowloon Motor Bus's shares and had now become the controlling shareholder of Kowloon Motor Bus.
When Lei Jukun heard that Fang Mengyin was buying up Kowloon Motor Bus shares at HK$7, he was already stamping his feet and cursing Fang Mengyin's grandmother.
As a public service company, Kowloon Motor Bus is required by the government to keep its profits under 15%. Is it worthwhile to buy it back at such a high price?
Lei Jukun was considering whether he should continue to follow up, as the current price had exceeded his psychological bottom line.
While the traders were still waiting for Lei Jukun to make the final decision, news came that the Fang Group had already taken control of Kowloon Motor Bus and had stopped acquiring Kowloon Motor Bus shares.
As soon as Lei Jukun received the news, he knew that Kowloon Motor Bus had already left him. He said something to the trader and left the Hong Kong Stock Exchange dejectedly.
The market value of Kowloon Motor Bus began to decline like a roller coaster, rapidly dropping from HK$7 to HK$4.1 per share, 1 cent lower than the opening price.
July 23rd, Great Heat.
Fang Mengyin and Yuan Tianfan entered Kowloon Motor Bus together. Today, Kowloon Motor Bus will hold a shareholders' meeting, marking the official entry of Fang Group into Kowloon Motor Bus.
At the shareholders' meeting, Fang officially became the controlling shareholder of Kowloon Motor Bus. At the same time, Fang Mengyin served as the chairman of the board of directors of Kowloon Motor Bus, and Yuan Tianfan was officially appointed as the chief executive officer of Kowloon Motor Bus.
After the shareholders' meeting ended, Fang Mengyin immediately convened a senior management meeting of Kowloon Motor Bus.
"I am honored that Mr. Fang can take over Kowloon Motor Bus. Kowloon Motor Bus carries the important task of serving the travel of millions of Hong Kong citizens. It is because of Kowloon Motor Bus and your presence that Hong Kong citizens can enjoy convenient and fast travel.
The development of Kowloon Motor Bus is worthy of recognition, but it is inevitable that public transportation development in some areas of Hong Kong is lagging behind, such as Kwun Tong and Yuen Long.
As the chairman of the board of directors of Kowloon Motor Bus, I have the responsibility and obligation to make changes to the current situation so that residents in Kwun Tong and Yuen Long can also enjoy the services provided by Kowloon Motor Bus."
Fang Mengyin said very majestically, "Yuan Tianfan will serve as the general manager of the company. I hope everyone will cooperate with him in the future to take Kowloon Motor Bus's business to a higher level."
Fang Mengyin arranged the affairs of Kowloon Motor Bus and made an appointment with Lei Jukun at the Peninsula Hotel at noon, intending to buy out his shares.
"Mr. Lei, please sit down. We'll talk while we eat." Fang Mengyin was very generous and although she had a head full of white hair, her temperament was still elegant.
"Director Fang, if you have anything to say, just say it directly."
"Mr. Lei, what do you think about the future of Kowloon Motor Bus?" Fang Mengyin cut the steak and put it into her mouth elegantly.
Lei Jukun knew that after Fang's acquisition of Kowloon Motor Bus, he had no chance to acquire Kowloon Motor Bus again. Without the controlling rights, holding the shares would not make much sense to him. Selling the shares and focusing on developing Kowloon Construction, the foundation of the Lei family, and Princess Gold would also be a good choice.
Kowloon Motor Bus has been lost, and Kowloon Development cannot be at risk of losing it again.
"Mr. Fang, what price are you going to use to acquire my 27.5% shares?" After figuring it out, Lei Jukun asked straightforwardly.
"Yesterday's closing price was a 20% premium."
Although Fang Mengyin's offer had met Lei Jukun's expectations, how could he agree so easily?
"Director Fang, I don't want you to offer 7 Hong Kong dollars. I know that's unrealistic. I'll pay you 30% premium and you can take my shares."
The difference between a 20% and 30% premium is actually not that big, but who is Fang Mengyin? Is it so easy to get money from her?
"It's just 20%. In a few days, I plan to propose a development plan, which requires raising a large amount of new funds. If Lei Sheng is unwilling to invest, then expect his shares to be diluted."
"Two and a half."
"Just 20%." Fang Mengyin calmly picked up the red wine glass and shook it.
"Two point three is my bottom line. Otherwise, we will both die together." Lei Jukun said gritting his teeth.
"Two point two, this is my bottom line."
"make a deal!"
Lei Jukun sighed. He was helpless as the initiative was seized by others.
"Okay then. I'll have someone find Lei Sheng to sign the contract tomorrow."
On July 25, Fang Mengyin once again made the front page headlines of many newspapers, with some praising her and some criticizing her. It is estimated that there is someone behind the reports this time, and overall, there are more criticisms than praises.
Lei Jukun has already entered the film industry, so naturally he needs to have good relations with the media. If he says hello, the newspaper will naturally give him some face.
Besides, the Fang Group is rising against the trend, and many people are dissatisfied with it. It would be a way to vent anger by tripping it up from behind and embarrassing Fang Mengyin a little, right?
…
In Lengquan Town, Nan Yi found a small farm next to Chen Pingsheng. He talked the owner into giving, and the owner was finally moved and sold the farm to Akesa Vegetable Company for US$400,000.
The Lengquan vegetable farm covers an area of 230 acres. With a combination of multiple varieties and multiple crops, the vegetables grown in this area can basically meet the annual vegetable consumption of three to four thousand people.
More than 700,000 US dollars have been spent in one go, and only more than 800,000 are left in Akesa's account. There is no extra money to acquire new land for the time being, and the money must be used to purchase agricultural machinery and build a brand.
Nan Yi asked a design company to design the LOGOs for Spring [Spring Equinox] and Autumn [Beginning of Autumn]. While registering the brand, it was also designing a complete brand VI.
According to Nan Yi's plan, Chunfen is an ordinary vegetable brand, and Liqiu is positioned as organic vegetables. Basically, Chunfen is aimed at Chinatowns in various cities, while Liqiu is aimed at the middle and upper-class white people.
In the long run, Akesa and the Kenzhi Group may have to play tricks of cross-border cooperation or mergers in the future. Everything depends on the development of the situation.
In Lengquan, 15 people with farm machinery can get the job done, but Akesa recruited 32 people at once. These extra people are reserved for future expansion.
However, we will not recruit any more people for the time being, otherwise one cold spring will not be able to hold all the people. This job will become very easy. Once people get used to this easy job, when the labor intensity is increased in the future, it is easy for people to complain.
Oppression, sweat farm, all kinds of words will pop up. People are all the same. It is easy to go from frugality to extravagance, but it is difficult to go from extravagance to frugality.
Just when Nan Yi was busy working in the fields, Chen Weizong came over again.
"Nan Yi, I came here to tell you two things today. The exhibition hall will be ready for inspection soon. The interior decoration uses composite materials, which are cheap and quick to install.
In addition, the village has come up with a few recipes for Nanchen wine, but the wine brewed in the village is not good, and the taste is not as good as the wine brewed in Wuchuan and Guizhou Province. The one we found, Kang Jiuning, who is the best in the world, said that Guangdong Province can't brew top-grade wine at all.
It is said to be related to the soil, water and climate. I can’t remember the details, but the conclusion is this, unless we only make distilled wine and not fermented wine.”
"Distilled liquor is definitely not an option. The taste of blended liquor is also limited. It must be fermented. It's not a big problem that Guangdong Province is not suitable for brewing. At worst, we can open a brewery in Wuchuan."
Nan Yi thought for a moment and continued, "However, the winery should not have anything to do with Nanchen Wine for the time being. If you rely on the mountain, you eat the mountain; if you rely on the water, you eat the water; if you rely on the factory, you have to eat the factory.
In the future, if the people in Wuchuan know that the brewery belongs to Nanchen Wine Industry, they will definitely come to suck our blood. At that time, whenever they need money, they will come to us.
This is public property, so you have to pay the money and hope for a good reputation.
But this is also a private matter. It is easy to see the King of Hell but hard to avoid the little ghosts. Wei Zong, you have a heavy burden to bear. There will be many times in the future when you will be humble and submissive. "
"It's alright. As long as I can make money, I'll be humble. Although there are 81 difficulties ahead, you have helped me to equip Sun Wukong with several disciples. If I can't go on the journey to obtain the scriptures, it means I'm incompetent. I will give up my position and let others do it for me."
"Okay, as long as you have determination and ambition, plus a little patience and perseverance, there's no way this business won't work. The site selection for the brewery should be done as soon as possible, and both dimensions must be considered."
"I understand. Now that we've finished talking, I'll leave first. I have to go to class and the construction site today. I don't have time to waste here."
"Okay, go ahead."
Chen Weizong was ambitious, so Nan Yi naturally couldn't hold him back, so he didn't keep him and watched Chen Weizong ride away on a Harley-Davidson Wide Glide.
Well, Nan Yi has five buddies now. Three of them are already on the right track, and he doesn’t need to worry about the other two at all. Their families will naturally pave a golden road for them.
Nan Yi stood there for a while and walked towards Fan Hongdou, who was supervising the workers installing the drip irrigation tape.
Watering the vegetable field is quite time-consuming and labor-intensive, so drip irrigation tape must be installed.
"Chairman, I have been your general manager for a month and I still have a lot of things to do, so I plan to resign. Tomorrow, I will introduce a new general manager to you."
"That won't work. We have to follow the contract." Fan Hongdou drawled out.
"Okay, I won't tease you any more. You should take care of Akesa's affairs. I will send you a capable general manager. This is your first business, so run it well."
"Yes, godfather, I know." Fan Hongdou nodded.
"Okay, then you go ahead and do your work. I'll leave first."
"Go away, godfather."
Nan Yi left Lengquan Town and went to Yiguo Company.
It has been nearly a year since Yiguo Company was acquired. Nan Ruoyin is quite capable. She has managed to cling to Ueto Masami and made her give Yiguo a lot of ideas. Although the investment cost has not been recovered yet, Yiguo now has .
Although Nan Ruoyin is considered a young genius, business skills are not something that can be learned by a flash of inspiration or behind closed doors. As long as she can grasp the art of employing people, Nan Yi will consider her qualified.
When he arrived at Yiguo Company, Nan Yi did not disturb Nan Ruoyin, but went to the office of General Manager Edison Malone.
"Mallon, do you have a Sears Roebuck catalog?"
"Yes, Adam, you haven't been here for a long time." Malone rummaged through it and quickly handed a thick product catalog to Nan Yi.
"Well, my appearance means that I am dissatisfied with the development speed of Yigoo. Well, I'll take it back to study it and show up again in a few days." Nan Yi shook the product catalog in his hand, then walked out of Malone's office.
Today, he just came to take a look, and it was not a very formal visit.
It will be different next time. Next time, that will be the time when he wields the scalpel and makes a major transformation of Yigoo.
Nan Yi returned to the car with the Sears catalog and began to flip through it.
Sears & Roebuck is the top mail-order company in the United States. It began to develop in the last century. In the era when road transportation was not well developed, it relied on the railway network to expand across the United States. It soon surpassed the pioneer of mail-order companies, Worldwide, and became the number one mail-order company in the United States.
Sears is a big company and Tesco is a small company. Tesco can learn from some of Sears' practices.
In fact, Nan Yi had already thought of a product category that was very suitable for Yiguo to sell, that is, sexual health products, especially inflatable dolls, which have entered the public eye openly. Now is a good time to sell inflatable dolls.
But... for Nan Ruoyin, it doesn't matter if I don't make this money.
