Chapter 298 Acquisition of Qingzhou Yingni! 【2】

January 4, 1979.

0:00 pm Xiangjiang time.

Half an hour ago, Xiangjiang's Asia Television, TVB, and reporters from major newspapers and magazines in Xiangjiang suddenly received another call from the Empire Group, informing them that important news would be announced.

In the past two days, newspapers and periodicals in Xiangjiang have been reporting on Mr. Yang of the Imperial Group, but most of the reporters from Xiangjiang Zuo mainly reported on it.

On the contrary, other mainstream newspapers and periodicals in Hong Kong rarely reported the news of Mr. Yang returning to his hometown to worship his ancestors.

Now that the Imperial Group suddenly held a press conference late at night, how could those reporters not be surprised?

When they immediately drove from all over to the federal building.

The Federal Building is not very far from where these reporters are, and it doesn't take long to get here.

0:30pm.

Imperial Group Conference Room.

In addition to Mai Lisi, Ma Shimin, Wei Li, Li Caixin, Wei Peter, Xia Boyin, Bao Fuda, Tang Shilian and others all attended the press conference.

When these reporters saw Meilisi, they immediately thrust the microphone in front of Meilisi and others.

"Mr. Merlis, may I ask whether the late-night press conference held by the Imperial Group is related to the news that Mr. Yang, the chairman of the Imperial Group, has returned to his hometown? According to our information, Mr. Yang returned to his hometown to worship his ancestors on New Year's Day and received hundreds of thousands of fellow villagers from his hometown. welcome."

. . .

When those reporters asked questions, Meris and others remained silent and did not answer the reporters' questions.

It means neither denying nor admitting, it can only be regarded as acquiescence.

"Journalists, please return to your seats. Tonight's press conference has officially begun."

The reporters left their microphones in front of Meris and others and returned to their seats.

Meris said directly: "The purpose of calling all journalists and friends to attend this press conference tonight is related to the acquisition of a company by Imperial Group."

What?

The Imperial Group actually acquired another company?

Didn’t the Imperial Group just acquire Xiangjiang Electric Lighting Company not long ago?

The reporters looked surprised!

"The listed company being acquired is called Qingzhou Yingni. Since 1978, our Imperial Group has absorbed the shares of Qingzhou Yingni. As of the end of today's trading day, Imperial Group owns 30% of the shares in Qingzhou Yingni. It is the largest shareholder of Qingzhou Yingni.”

Qingzhou Yingni?

The market value of listed companies in Xiangjiang ranks 19th, with a market value of less than 900 million Hong Kong dollars, which is only a few tens of millions behind the current market value of Changchun Industrial Group, which is 930 million Hong Kong dollars.

Historically, under such circumstances, Changchun Industrial Group was easily swallowed up by Li Jiacheng and Qingzhou Yingni.

The current market value of Qingzhou Yingni is far behind the size of the Imperial Group, including Wharf, Hutchison Whampoa, and even Jardine Land and Heung Kong Electric Company.

When Xiangjiang Electric Lighting Company was acquired by Empire Group, its market value was HK$3 billion, ranking fourth among listed companies in Xiangjiang.

Even then, now that the Imperial Group is about to swallow up another British-owned company, other reporters are very surprised.

This Imperial Group is really too rich!

The capital flow is too huge!

"Now our Imperial Group owns 30% of the shares in Qingzhou Ying Cement, and is already the largest shareholder of Qingzhou Ying Cement. In order to protect the interests of the largest shareholder of the Imperial Group in Qingzhou Ying Cement, we will increase the purchase of Qingzhou Ying Cement to 49% shares.”

“The purchase price for this additional purchase is 50% of the closing premium of Qingzhou Yingni’s stock price on today’s trading day.”

Today, the share price of Qingzhou Yingni ended at HK$7.05 per share. If the premium is 50%, it would be HK$10.57 per share.

For this additional purchase of about 19% of the shares, Imperial Group paid approximately HK$247 million.

Compared with the Empire Group's acquisition of other companies, the total purchase price of this acquisition is really not high, and it is even lower than the total purchase price of the Xiangjiang Water Company.

However, the Empire Group began to gradually buy Qingzhou Yingni for more than HKD 5 at the beginning of the year. By the time the purchase increased to 30%, it had already spent several hundred million HKD.

"Mr. Malice, do you mean to buy Qingzhou Yingni at HK$10.57 per share?" a female reporter asked.

She quickly found out the stock price of Qingzhou Yingni today.

"Yes, it is HK$10.57 per share. This additional purchase is limited. It is still the same as the acquisition of other companies. It will still be carried out at the Wanzi Branch and Central Branch of Hutchison Securities Company. Registration will be officially opened at 8:00 tomorrow morning, first come first served. The principle of gain.”

Melis didn't say.

The main purpose of this acquisition of Qingzhou Yingni was to transfer Mr. Yang's domestic information, just to let those reporters know that the Imperial Group was going to take advantage of British capital again.

The target of the operation this time was Qingzhou Yingni.

When Meris announced the news.

Except for a small number of reporters who are still here, other reporters have also left.

. . .

0:45pm.

It is already late at night in Xiangjiang.

At this time, most people, except for nightlife workers, have already rested.

Li Jiacheng and his wife Zhuang Yueming have also taken a break.

In the past two days, he saw reports about Mr. Yang in the country by Xiangjiang Zopai reporters.

Judging from the news, it should all be true.

I don’t know why Li Jiacheng is actually a little envious of Mr. Yang being personally greeted by hundreds of thousands of villagers when he returns to his hometown.

Li Jiacheng knew that Mr. Yang was a Hakka, and Mr. Yang’s hometown was not too far from his hometown.

If he was invited back to his hometown by China, would the folks in his hometown welcome him in that way?

However, judging from the newspapers, those villagers welcomed Mr. Yang, and Mr. Yang had to pay a price.

As for the cost?

Li Jiacheng doesn't know yet.

Suddenly, Li Jiacheng, who had fallen asleep in a daze, heard the landline phone in his room ringing.

Li Jiacheng and Zhuang Yueming both woke up at once.

Ever since Yang Ming acquired the Xiangjiang Electric Lighting Company, Li Jiacheng felt as if his heart had been greatly stimulated. Whether it was during the day or at night, he felt that his heartbeat was extremely fast. When he went to the hospital for examination, the attending doctor found that there was no problem. I think he may just be suffering from something similar to neurosis, which means that there is nothing wrong with his heart in the first place. Because he has this disease, he may have auditory hallucinations and other symptoms.

Since Western medicine couldn't cure it, the attending doctor suggested that he see a Chinese medicine doctor.

In the end, Li Jiacheng did not see a Chinese medicine doctor or take any medicine.

Since then, he has felt that he wakes up easily, and sometimes he even cannot concentrate, which can easily lead to problems at work.

He also knew that he was already fifty years old and could not compare with his youth.

Now the phone suddenly rang, and he and his wife Zhuang Yueming woke up immediately. After Zhuang Yueming turned on the lamp, Li Jiacheng picked up his glasses and put them on.

The phone rang suddenly in the middle of the night. Someone must be looking for him with something important.

Li Jiacheng went over to pick up the landline phone and answer it.

"Hello, I'm Li Jiacheng."

"Boss, I'm Qianzhao. The Imperial Group just held another press conference."

Did the Imperial Group just hold another press conference?

It's already midnight?

Is the Imperial Group going to acquire another company?

"Is the Imperial Group going to acquire any company?"

"Boss, it's the Qingzhou Yingni you had your eye on at the beginning of the year."

Qingzhou Yingni?

Li Jiacheng almost dropped the microphone in his hand.

To say that Qingzhou Yingni is just a small company, in fact, its market value is only HK$70 million less than that of Changchun Industrial Group.

On the contrary, the scale of Qingzhou Yingni is much smaller than that of Heung Kong Electric Company, Jardine Land, and Wharf.

At the beginning, the reason why he took a fancy to Qingzhou Yingni was not because Qingzhou Yingni was producing cement, but because he was looking at the large amount of high-quality land in Hung Hom owned by Qingzhou Yingni.

Li Jiacheng originally wanted to eat Qingzhou Yingni secretly, but found that his ability with Changchun Industrial Group was limited. Now that Li Jiacheng and Shen Bi are estranged, it will be difficult for him to borrow more money from Huifeng Bank.

He really didn't expect that the Imperial Group had already taken a fancy to Qingzhou Yingni.

"Boss, Empire Group has bought 30% of the shares of Qingzhou Yingni. It has already been the largest shareholder. This time, in order to control and acquire Qingzhou Yingni, it will buy 19% of the shares at a 50% premium. I think We previously bought about 8% of Qingzhou Yingni's stock, and now we have to sell it." Zhou Qianzhao said helplessly.

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