Chapter 598 Tender Offer

Fan Shiji sat steadily with a look of triumph on his face, as if he was sure of victory.

All the directors present have been notified by Xiao Mingshan. Xiao Mingshan naturally needs the help of these people for such a big matter. How can he hide it.

At this moment, everyone saw Fan Shiji's confident face, and they were more or less worried. How many shares did Fan Shiji get to dare to do such a thing?

Everyone knows that Xiao Mingshan holds a lot of shares. Add in the shares held by the Jiang family and others, as well as the bargaining chips of the stock holding institutions, and it actually exceeds 50%. Of course, it is inevitable that there will be people who temporarily sell their chips when the stock price is high. After all, no one will have trouble with money. It's just that if you throw it out yourself, it shouldn't be anything.

Fan Shiji glanced at everyone and said with a smile: "Mingshan, you will announce what will be discussed at the board of directors today, and I will announce it!"

He was not polite and seemed to want to turn his back on guests.

"I am the chairman, so of course I am the one to make the announcement!" Xiao Mingshan did not show any weakness and said calmly: "Everyone, the gentleman opposite is named Fan Shiji, and he is the chairman of Jixiang Group. He requested an emergency board meeting today. You want to discuss the appointment and removal of the chairman with me. I, Xiao Mingshan, really want to see how much leverage he has to dare to discuss this issue with me. I think you are also very curious now, so why not ask Mr. Fan to show his trump card!"

"No problem." Fan Shiji said, turning to look at Jin Aoxiang beside him.

Jin Aoxiang immediately understood and took out a large stack of documents from his briefcase and handed them to Fan Shiji.

Fan Shiji looked at it briefly, lifted a stack from the top, and said, "Give these to them."

Jin Aoxiang took it and immediately started distributing it to everyone at the conference table.

Directors received it one after another, and even Jiang Yulin got one. Everyone was shocked when they saw the title above. It read - "Notice of Tender Offer".

The so-called tender offer is to acquire the shares of all shareholders at the tender price.

Usually, if you want to launch a tender offer, you must hold the largest number of shares, and you must also have an absolute advantage. This approach also has another meaning, which is to tell your opponents that the shares in your hands are no longer useful, and if they continue to be in your hands, they will be no different from a piece of paper. If you sell it to me now, you can get a little more money. When the situation stabilizes in the future, you will be shareholders and have no authority in the company. If you sell it on the stock market, you may not know how much you can sell it for.

All the directors looked at each other and said to themselves, "How many shares does Fan Shiji have in his hands?" "Are we so sure?" "To sell or not to sell?" "Let's wait and see, Mr. Xiao will not be directly involved." Defeat.".

After all, these people had seen the market before. Although they were nervous, they didn't show it on their faces.

"Tender offer?" Xiao Mingshan smiled faintly and said, "Brother Fan is such a big deal! He didn't show his trump card first, but he came to attack Shan Zhenhu first. It's wonderful, it's really wonderful."

"Thank you." Fan Shiji smiled deliberately and humbly.

Xiao Mingshan looked at him, spread his hands, and said nothing. The meaning is very clear, show your trump card.

Today is the competition for the position of chairman. Fan Shiji has invited people from the China Securities Regulatory Commission and the Trademark Office. After comparing the chips of the two sides, even if it is only 1% more than Xiao Mingshan, Fan Shiji will win. But an extra 1% is actually nothing. No one can say that the entire securities market has been wiped out. How many years of trading will it take to raise the price to extremely high levels? Everyone who trades in the stock market knows that bankers make money, and there are many retail investors who are locked in high positions. Although the current stock price of Jindu Real Estate is quite high, it is still far from the stock market frenzy of 2007. It was at 6,000 points at the time. There are many people trapped in the trap. If you want to get all these chips, you have to continue to pull up, and the money will not be counted.

If the difference in chips between the two parties is small, Xiao Mingshan will naturally gain chips in the securities market, which will also drive up the stock price, and no one will buy into the so-called tender offer.

Fan Shiji naturally understood what Xiao Mingshan meant. Now that it was time for a showdown, everyone's eyes were focused on Fan Shiji.

Fan Shiji first grabbed a document and said calmly: "This is the position certificate for 10% of Junzheng Investment. These shares have been transferred to me and were just registered today."

Then, he grabbed another document and said, "This is the document in which Jiang Yuting transferred 5% of his shares in Jindu Real Estate to me. This share was just registered today."

Putting the documents down, he grabbed another one and said, "This is the 3% of Jindu Real Estate shares transferred to me by Tianzi Group."

At first, Junzheng's 10% investment didn't bother the people present, but when they heard that Tianzi Group had transferred 8% to Fan Shiji, all the directors were dumbfounded.

Some of them looked at Xiao Mingshan, some looked at Jiang Yulin, and they could not help but murmur in their hearts, "Who are the Jiang family helping?" "Mr. Xiao has a good relationship with Old Jiang. What is going on?"

Xiao Mingshan's face is also extremely ugly now, and the one who is even uglier than him is Jiang Yulin. The two families had a good relationship, but now something unexpected happened.

Fan Shiji smiled proudly again and said: "It is already 18% now, let's continue to watch."

He grabbed a document and said: "Here are the equity transfer documents for Guoxing Investment, China Construction and Development Bank, and Great Country Fund. They hold a total of 6% of the shares. Now they have all been registered in my name."

Putting down this document, Fan Shiji picked up another document and said: "There is still 10% equity registration here, which was just registered today. The total is 34%."

"Haha." When he heard this number, Xiao Mingshan couldn't help but smile and said, "Fan Shiji, it's a bit fanciful to want to launch a tender offer for my Jindu Real Estate based on your 34% shares."

This number is really not much. The directors present all believe that Fan Shiji has an absolute advantage, and at least he is not allowed to take out 40% of the shares. Based on this, it is really a dream.

Fan Shiji looked at Xiao Mingshan and said, "Mingshan, don't you know how much you have?"

"The 5% in Jiejie's hands has indeed been sold, but I still have 25% now. You only have 9% more than me. You want to make an acquisition based on this number. Have you asked the directors present!" Xiao Mingshan said with a smile. .

The directors were all worried. Xiao Mingshan only had 25% of the matters left, which Xiao Mingshan had not mentioned before. Now that I hear that’s all that’s left, I can’t help but cheer for him.

Fan Shiji smiled proudly and said: "Of course I have to ask them. Among them, those whose shares have been sold do not need to raise their hands. For those who have not sold their shares, you can choose whether to stand with me. Let’s stand on Xiao Mingshan’s side!”