Chapter 299 Acquisition of Qingzhou Yingni!【1】

When Merlis proposed to acquire Qingzhou Yingni, Ma Shimin and others were not only surprised, but even felt their eyes light up.

Compared to directly and savagely stopping the Xiangjiang Zuopai newspapers' reports on Mr. Yang's return to his hometown, or Bao Fuda's suggestion to deliberately create a scandal between Mr. Yang and a female star to divert attention.

They think Meris' proposed acquisition of Qingzhou Yingni is really good.

"Don't be surprised, everyone. Before the boss returned to his hometown, he had already told me to acquire Qingzhou Yingni at the right time."

When Merlis said it, Ma Shimin and others were even more surprised.

Could it be that the boss even predicted this in advance?

How is this possible?

They really couldn't believe it.

"Since 1978, the boss has been letting people quietly absorb Qingzhou Yingni's stocks. Some time ago, we were already the largest shareholder of Qingzhou Yingni, accounting for 30% of the shares. However, the reason why the boss did not stand up and swallow up

Compared with Wharf, Hutchison Whampoa, Jardine Land, and even Heung Kong Electric Lighting Company, Qingzhou Yingni is still much inferior."

The biggest advantage of Qingzhou Yingni is the production of cement and other building materials, especially Xiangjiang cement, which occupies a large market in Xiangjiang.

In addition, there is a large amount of high-quality land in Hung Hom.

Historically, Li Jiacheng was interested in Qingzhou Yingni, not only for the other party's production of cement and other building materials, but the most important thing was that Qingzhou Yingni owned a large amount of high-quality land in Hung Hom, Kowloon. As long as Qingzhou Yingni was acquired, then Li Jiacheng and Cheung Chiu Industrial

You can swallow up these high-quality lands to expand your own wealth.

Then of course Yang Ming would swallow Qingzhou Yingni easily.

If the premium for additional purchases is too low, Li Jiacheng will definitely seize the opportunity to take control of Qingzhou Yingni. Then they will be in trouble if they want to swallow up Qingzhou Yingni.

So did Weili.

After everyone made a unanimous decision.

In this case, it would be very difficult to buy Qingzhou Yingni's shares at normal prices, and the only way to do so is through additional purchases at a premium.

Then the next press conference will be held about additional purchases.

"Then the vote is now in favor of Mr. Ma Shimin's purchase at a premium of 50% to 49% based on the current stock price of Qingzhou Yingni. The vote is decided!"

"Mr. Merliss, I agree with Mr. Ma Shimin's statement that Li Jiacheng's strength is far behind ours, but we cannot underestimate him."

Because the value of Qingzhou Yingnid is not as high as that of those companies. The most important thing is that Imperial Group is now the largest shareholder and already holds 30% of the shares. Under normal circumstances, if other shareholders want to compete with Imperial Group for Qingzhou Yingni, that will basically be the case.

impossible.

50%?

However, it is almost impossible for something like this to happen.

They also know that Li Jiacheng should have made some money from Wharf, Jardine Matheson, Heung Kong Land, and even Heung Kong Electric Lighting Company.

Li Caixin doesn't like Li Jiacheng.

Others raised their hands.

"Miss Kayla, Miss Tang Shilian, what about you?"

Mai Lisi and others couldn't understand why the boss had already paid attention to Qingzhou Yingni?

Before Yang Ming appeared, Li Jiacheng's series of acquisitions in Xiangjiang were actually quite impressive.

Winning Qingzhou Yingni this time, Mai Lisi and others also felt that it was very suitable.

Based on the current stock price of Qingzhou Yingni, the additional purchase was made at a 50% premium. They felt that the price was neither high nor low, and Li Jiacheng did not dare to make a move easily.

Li Jiacheng?

When it comes to Li Jiacheng, there is nothing left about Meris.

Empire Group acquired Jardine Matheson Land and purchased the property at ten times the share price.

Although Qingzhou Yingni is a long-established British-funded company, its shareholders are relatively dispersed.

Historically, Li Jiacheng easily swallowed Qingzhou Yingni.

It is precisely because of that that Li Caixin, Wei Li, Xia Boyin, and Wei Peter all dislike people like Li Jiacheng.

Even Peter Wei and Xia Boyin are.

For example, when Empire Group acquired Wharf, it purchased more shares at several times the stock price.

"Mr. Merlis, I think a 50% premium for additional purchases is more appropriate."

"What do you think is an appropriate premium for this acquisition of Qingzhou Yingni?"

As for other shareholders?

Now I happened to meet Yang Ming.

Merith himself raised his hand in approval.

Without Li Jiacheng, a premium of 10% to 30% based on today's Qingzhou Yingni stock price is reasonable. Because Li Jiacheng also grabs Qingzhou Yingni's shares, this premium may not satisfy other investors.

Bao Fuda, Wei Peter, and Xia Boyin also thought Ma Shimin's suggestion was good.

"Mr. Merliss, I agree with Ma Shimin's statement." Weili said.

That's quite a lot.

Why is that?

Mainly because they heard that Li Jiacheng not only made his fortune from his mother's family, but also that he had been trying to swallow up Hutchison Whampoa by relying on his relationship with Shen Bi. In the end, Hutchison Whampoa was swallowed up by the boss, Mr. Yang.

At the beginning of last year, they were still paying attention to Li Jiacheng. That was because they knew that Li Jiacheng was one of the most promising Chinese investors at the time.

This is due to the fact that Yang Ming knows Li Jiacheng very well.

"The current market value of Qingzhou Yingni is HK$860 million, ranking 19th among listed companies in Hong Kong. Among them, Empire Group has bought 30% of the shares. According to the normal stock price, if it continues to buy and increase the purchase to HK$163.4 million, it can control Qingzhou

Yingni. This amount of money is not a problem for the huge funds of the Imperial Group. However, before the boss left, he told me that it would be difficult to swallow it at a normal price, because the boss guessed that Li Jiacheng

We are also quietly absorbing the stocks of this company. In this case, if Li Jiacheng knows that we are already the major shareholder of Qingzhou Yingni, and the market value of this company is not as high as other companies, Li Jiacheng will definitely make a bigger decision than us.

Buy at a high price.”

In addition to Ma Shimin, Li Caixin and others all expressed their opinions.

Ma Shimin naturally raised his hand.

For example, in 1977, Li Jiacheng acquired the American-owned Yonggao Company, cooperated with the Xiangjiang Metro Company, and even cooperated with Huifeng Bank in the People's Bank of China. This is enough to show that Li Jiacheng is indeed very powerful in this regard.

At this time, Imperial Group was already the largest shareholder of Qingzhou Yingni, accounting for 30% of the shares. As long as it bought another 19% of the shares, it could control and acquire Qingzhou Yingni.

The market value of Qingzhou Yingni is not high. With Li Jiacheng's net worth, if he has already acquired part of Qingzhou Yingni's shares and wants to control Qingzhou Yingni through additional purchases, Li Jiacheng should still be able to do it.

The additional purchase price is actually not that easy to set. If it is set too low, Li Jiacheng and others take advantage of it. If it is set too high, the Imperial Group's funds will of course be lost.

The same is true for Ma Shimin.

Now Li Jiacheng has been left far behind by his boss Mr. Yang. However, they also know that Li Jiacheng is not simple and should not be underestimated.

What's an appropriate premium?

Ma Shimin and others are thinking.

Merlis said: "Everyone, we will hold a press conference in the Empire Group conference room at 00:30 tonight. If you have time, you can attend or not."

Now that the Imperial Group is acquiring Qingzhou Yingni, it seems to have little to do with Ma Shimin and others, except for Mailisi and Tang Shilian.

If they all attend the press conference, it will inevitably attract more reporters' attention.

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