Vol 2 Chapter 897: The Bank of East Asia

Chapter VIII

The Bank of East Asia

Bank of East Asia!

Li Guobao has been so unlucky lately. The original secret date with Liao Bixin in Paris was exposed by the media. For the sake of family image and personal honor, Li Guobao still denied all relations with Liao Bixin and severed any contact. Although on the bright side, the faces of Li Guobao and the Li family have been preserved. However, there were few people pointing at him secretly, especially Liao Bixin's big mouth, even more so that he hated his parents for giving birth to him a few years earlier, and met Liao Bixin, the "eight poem".

Later, I encountered Lin Feng secretly purchasing 10% of the shares of Bank of East Asia, and proposed to supplement Standard Chartered Bank’s talent assistance plan. Although Li Guobao refused, Li Guobao was secretly worried and feared that Lin Feng would retaliate (due to the excessive dispersion of the shares of the Bank of East Asia. A total of 15% of the equity in the hands of the Lee family is in the hands of many family members, and the Bank of East Asia has been coveted by all walks of life.). With great difficulty, Lin Feng did not take any action against the Bank of East Asia, and as a result, the Dow Jones insider trading problem broke out, and he was also implicated.

After some investigation, although Li Guobao was fine in the end, he caused a fishy suit, which bored Li Guobao. After finally recovering from this incident, it was discovered that Lin Feng's shares in the Bank of East Asia were as high as 20%, and the shares in the Bank of East Asia in the hands of the Liao family were as high as 8.2%.

"Didn't you pay attention to the shares of the Bank of East Asia?" Li Guobao angrily rebuked several of his tribesmen. Everyone is a member of the Lee family. Although they are usually not in harmony, this matter is related to the honor and disgrace of the Lee family and the ownership of the Bank of East Asia. In the face of foreign invasion, everyone should unite.

Unexpectedly, these people waited and watched Lin Feng's acquisition of the shares of the Bank of East Asia without paying any attention, which made Li Guobao furious.

You look at me and I look at you, the members of the Lee family who hold shares in the Bank of East Asia. They all shift the responsibility to the other party, scolding the other party for negligence, sitting by and watching the family property being invaded by outsiders. Faced with this situation, Li Guobao was speechless with a headache. I smiled bitterly in my heart. If the members of the Lee family are united enough, the shares of Bank of East Asia in their hands will not be only a mere 15%. In recent years, some unconvincing members of the family have sold their shares in Bank of East Asia for their temporary interests. Otherwise, how could the Bank of East Asia created by the Li family end up holding only 15% of the shares of the Bank of East Asia.

Of course, although Lin Feng now holds 20% of the Bank of East Asia, including the 8.2% of the shares in the hands of the Liao family, the total of 28.2% of the shares is far more than the 15% of the shares in the hands of the Li family, but the Li family and Spain The consortium has signed a "gentleman's agreement." If a third party wants to maliciously acquire the Bank of East Asia, the Spanish consortium can absorb no more than 20% of the shares of the Bank of East Asia. But at present, even if the Spanish consortium absorbs 20% of the shares, it will only be 35% if the 15% of the shares in the Li family are included, which is only 6.8% more than the 28.2% of Lin Feng and the Liao family.

In terms of Lin Feng's financial resources, this 6.8% stake is not a problem at all.

How to do? ——Li Guobao looked embarrassed. The available funds in the hands of the Li family are extremely limited, and it is really difficult to start a reverse takeover with Lin Feng. After thinking about it, Li Guobao decided to send news to the market temporarily, in order to temporarily increase the share price of BEA, increase the difficulty of Lin Feng's holding of BEA shares, and force him to pay a higher price, hoping to eventually deter Lin with this. Feng acquired East Asia. Of course, Li Guobao didn't hold much hope for this.

As for the "Poison Pill Plan", it is a pity that now Lin Feng and the Liao family already own 28.2% of the shares, and they have the right to veto this proposal. Besides, among the existing shareholders of the Bank of East Asia, apart from the Spanish consortium and the Lee family, which are relatively close, the remaining shareholders, such as the Malaysian consortium Guoco Group holds 8% of the shares of BEA, and Bank of China Hong Kong holds 5% of the shares. , Has always coveted the status of the Li family's shareholding.

Thinking of this, Li Guobao hated the inaction of his tribesmen during this period, otherwise he would worry that the Li family would lose the controlling stake in the Bank of East Asia. Of course, it is Liao Bixin who is even more annoyed, not this woman, and he would not have the situation he is today.

Under Li Guobao's embarrassment and anger, Abby Cohen continued to substantially buy shares of the Bank of East Asia under the authorization of Lin Feng. And the Spanish consortium also started to take the opportunity to absorb shares in Dongkul Bank because of the gentleman agreement of the Lee family. After the battle, Lin Feng held 29% of the shares of the Bank of East Asia, and the Liao family still held 8.2% of the shares, and the two held a total of 37.2% of the shares of the Bank of East Asia. After the Spanish consortium intensively absorbed, the Lee family also took the opportunity to absorb some stocks and temporarily increased their holdings in Middle East Asia Bank. In the end, they held a total of 43% of the shares in the Spanish consortium, which was close to the controlling stake. On the market, there are less than 6% of the remaining outstanding shares at the moment, even if Lin Feng completes the acquisition, it will not be able to complete the holding.

Li Guobao finally breathed a sigh of relief at this time. However, in order to resist the acquisition of Lin Feng, the Li family suffered heavy losses. Although their family's financial resources are relatively strong, they are far from comparable to Lin Feng. Moreover, wealth is scattered in the hands of many tribesmen, and this anti-takeover action in order to resist the acquisition of Lin Feng can be described as painful.

At this time, the Bank of East Asia's stock price was up to 58 Hong Kong dollars. The market value of the Bank of East Asia has doubled in a few days.

"Lin, there are not enough shares on the market at this moment, and we may not be able to control the Bank of East Asia." Abby Cohen said with great annoyance. She did not expect that the Lee family and the Spanish consortium would have this gentleman agreement. The Spanish consortium used this gentleman agreement to take advantage of the opportunity to absorb shares. The failure to cause the Bank of East Asia's stock price to overflow substantially, causing the cost of Lin Feng’s acquisition to rise, and also causing the market to become available. The tradable shares fell sharply, which ultimately led to Lin Feng's failure to achieve the planned acquisition target.

However, Lin Feng was not disappointed in this situation.

"Abby, well, don't buy the circulating shares on the market. Li Guobao probably forgot the most important link this time." Lin Feng smiled confidently.

The Bank of East Asia now has two major shareholders-Malaysia's Guoco Group and Hong Kong's Bank of China Group. In their hands, I have 13% of the shares. As long as they take them, Lin Feng will be able to complete the holding.

At this moment, Lin Feng received a call from Pete, the president of "Second Bank".

"Boss, Ms. Liu Bixin wants to use the Liao family's real estate and law firm in Hong Kong for a mortgage of US$1 billion." Pete's tone on the phone is extremely strange.

Lin Feng was a little stunned when he heard it. I don't know what Liao Bixin did.

"Wait a minute, I'll be right there!" Lin Feng hung up the phone and hurried to the Hong Kong headquarters of the "Second Bank".

"What's the matter?" Lin Feng asked when he arrived.

"Boss, this is Ms. Liao Bixin's mortgaged property, but the total value of these properties is estimated to be about 400 million U.S. dollars, but she has to borrow 1 billion U.S. dollars, and it is used to invest in stocks. I think the risk is too great, and now it's second During the transitional period, I don't think the bank should approve this kind of loan. But Ms. Liao Bixin said that I want to see you, so I have to call you." Pete analyzed it carefully.

Lin Feng frowned.

"Where is she now?" Lin Feng asked.

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"It's inside," Pete said, pointing to a VIP room.

Lin Feng looked at the file in his hand, thought about it, and pushed the door in.

"Hey, Miss Liao, I haven't seen you for a few days, and I still have the same style!" Lin Feng said politely.

Liao Bixin smiled slightly, and then went straight to the subject.

"Mr. Lin, I know that my existing assets are not enough to borrow US$1 billion, but with this US$1 billion I can acquire 5% of the East Asia shares in the Bank of China Group. If Mr. Lin buys 8% from the Guoco Group of Malaysia With shares, we will be able to complete the holding of the Bank of East Asia." Liao Bixin's eyes beamed, with a face of persistence.

Lin Feng was speechless after listening. He really did not expect that Liao Bixin's grievance against Li Guobao was so great that he would not hesitate to mortgage his ancestral property to retaliate against Li Guobao. In this regard, Lin Feng can only sigh for offending anyone, and don't offend a woman. Especially the kind of woman who is strong in revenge, but also capable of revenge.

"Mr. Lin, help me!" Liao Bixin looked at Lin Feng with a trace of pity.

Lin Feng sighed in his heart. Liao Bixin's persistence is indeed a bit shocking, but in this matter, even if Liao Bixin does not purchase, Lin Feng will have to buy 5% of the shares of the Bank of China Group. After all, things have developed to this point, and there is no room for relaxation. Now that Liao Bixin is willing to come forward, Lin Feng naturally has no hesitation.

Subsequently, Lin Feng personally approved the transaction, and the guarantor was Lin Feng himself. For this transaction, Lin Feng does not think it will lose money. Once controlling the Bank of East Asia, Liu Bixin's efforts will surely reap huge returns. When Liu Bixin got the loan and started contacting the Bank of China Group and completing the acquisition, Lin Feng also contacted Malaysia's Guoco Group through Qiu Deba, the richest man in Singapore and the richest man in Malaysia.

However, to Lin Feng’s surprise, Guoco Group rejected Lin Feng’s acquisition, but automatically proposed that it would fully support Lin Feng. Of course, the only condition was that Guoco Group would get it from the Bank of East Asia in the future. One executive director seat.

It turned out that Malaysia’s Guoco Group had always wanted to take control of the Bank of East Asia, but several actions were blocked by the Lee family and the Spanish consortium, and took the opportunity to pull the share price, causing Guoco Group’s acquisitions to be stranded several times and even compensated. I have a lot of grievances towards the Li family. Under these circumstances, Guoco Group couldn't be more pleased with the acquisition of Bank of East Asia by Lin Feng this time. Therefore, they want to take the opportunity to get the position of executive director of the Bank of East Asia by supporting Lin Feng, and take revenge on the Lee family.

In this regard, Lin Feng was a little bit dumbfounded. However, it happened that the province itself once again used additional funds to acquire the Bank of East Asia. Now Lin Feng has almost run out of funds. If it can save a little, it's best to save a little. Subsequently, Lin Feng and Guoco Group signed the "Gentlemen Agreement"-as long as Lin Feng is the largest shareholder of Bank of East Asia, Guoco Group will unconditionally support Lin Feng with the shares of Bank of East Asia.

At this moment, many media in Hong Kong are still speculating when this sudden acquisition war will end, and who will have the last laugh, when the Bank of East Asia held a board of directors.

Unexpectedly, the uninvited guest broke in.

"Chairman, they broke in by themselves." An assistant director explained anxiously and scaredly.

Li Guobao and others convened a board meeting in the conference room, but unexpected guests broke in, and they were to blame as assistants.

"Chairman, should I call the security guard?" the assistant asked subconsciously.

Li Guobao raised his eyes and looked at the crowd, frowning. The people who came were not others, but Lin Feng and Liao Bixin and his party.

"Forget it, go down!" Li Guobao waved.

"Hey, Chairman Li, a good meeting! Good meeting! But why don't you notify me, the largest shareholder of the Bank of East Asia, when the board of directors is held?" Lin Feng glanced around the crowd in a playful circle.

Many directors frowned. Most of the directors present are members of the Li family. Although they are not united enough with each other, they can still be united in the face of foreign enemies. At least for the time being, we can unite as one.

"I said, Lin Feng is right! You want to be on the board of directors, yes, wait until your shares exceed ours (referring to the Li family and the Spanish consortium), otherwise, you are not qualified to speak here." A nephew of Li Guobao proudly Said.

Lin Feng frowned slightly when he heard that, but he didn't get angry. With such a small role, Lin Feng really didn't feel angry.

"Allen, how do you say it, after all, they are the largest shareholder of the Bank of East Asia, so be polite." Li Guobao was overjoyed when he heard this. This time, Lin Feng was dissatisfied with such insidious acquisition of shares of the Bank of East Asia. This time it was good to be able to scold Lin Feng with the mouth of his nephew.

"Mr. Lin, good meeting, good meeting. My nephew said that it is not very good. But it is true that if Mr. Lin wants to be on the board of directors, we can hold the board of directors next time for election. But let me make a statement. Created by the Li family, we will not allow outsiders to enter the board of directors. If you want to come in, you can, wait until you have more than half of the shares." Li Guobao was already rude and eloquent in the end.

Originally, when Lin Feng came, he wouldn't have been so angry, but when he came with Liao Bixin, it was different. Now Li Guobao can be regarded as aftertaste, this time the inside story of Dow Jones has been revealed, and it is almost * Liao Bixin's ghost, so Li Guobao hates Liao Bixin. Lin Feng and Liao Bixin were another group, so naturally they would not give Lin Feng any good looks.

Yes, you are the richest man in the world. But at the Bank of East Asia, you are nothing. It is me who is in charge-Li Guobao! ——Li Guobao proudly stood up, looking at Lin Feng and Liao Bixin's group with contempt.

Lin Feng smiled. Just as he was about to speak, Liao Bixin stood up.

"Li Dong, it's been a long time!" Liao Bixin walked out with a trace of sarcasm and a trace of joking, looking at Li Guobao with a look of contempt.