Chapter 496: Judge the best! Give big prizes!(2/2)
"Thank you."
Lin Chaoyang was polite and accepted Aye's kindness with a smile.
Then he sat there and tasted the delicious food contentedly, not paying much attention to the eyes of the people around him.
Xiangjiang is a small city, and it is not uncommon to see stars and celebrities when going out, so no one was too excited. After staying for more than ten minutes, a man wearing gold-rimmed glasses walked into Lan Fong Yuen.
He was wearing a high-end custom-made suit and his hair was meticulously combed, which seemed incompatible with the atmosphere of Lan Fong Yuan. His eyes glanced around the store and accurately found the person he wanted to see.
"Lin Sheng!" "Mr. Liang, sit down!"
Lin Chaoyang's relaxation surprised Liang Botao. After he sat down, he did not rush to speak. Instead, he ordered some food like Lin Chaoyang. The two sat there, chatting while eating.
When the food was almost done, Lin Chaoyang wiped his mouth with a tissue. Liang Botao immediately put down the fork in his hand, knowing that Lin Chaoyang was finally going to talk about business. "I heard that Liang Sheng is going to start his own business recently?"
"Lin Sheng is well-informed and does have this plan."
Lin Chaoyang chuckled and said, "Mr. Liang is joking. It's not that I'm well-informed, but you are actually too famous." Liang Botao is only in his early thirties and graduated from the University of Toronto in Canada in 1980.
After returning to Xiangjiang, he joined the corporate financing department of Huduoli Company, and followed Yuan Tianfan to work for Li Ka-shing's International City IPO, where he also met the noble Li Ka-shing.
By 1985, he switched to Wanguo Baotong Bank, and arranged rights issues for Li Ka-shing's four major listed companies, Cheung Kong, Hutchison Whampoa, Hong Kong Electric and Jiahong, raising more than 10 billion Hong Kong dollars to develop overseas markets for Li Ka-shing.
Wan Guo Bao Tong Bank is known as Citibank to later generations of Chinese people. The Hong Kong people’s translation of Citibank’s name as “Wan Guo Bao Tong” continued until after 2000. In just seven years, Liang Botao became one of the younger generation investment banks in Hong Kong’s banking industry. The leader of the family.
In addition to the support of the nobleman Li Ka-shing, what is more important is Liang Botao's personal ability. One of the securities companies that Lin Chaoyang used to lend money included Hong Kong Citibank, and he got to know Liang Botao.
I also learned that he was about to leave Citibank and co-found an investment company with his boss Du Huilian. "Mr. Liang's company is about to open soon. Do you mind doing a small business?"
Liang Botao was overjoyed when he heard this. Although he had expected it when Lin Chaoyang contacted him, he became happy after hearing such conclusive words. Business came to the company before it even opened, which was a good sign.
"It's an honor for Lin Sheng to take care of our business. No wonder I had a green light all the way out today, and it turned out that a magpie came to the door." Liang Botao showed appropriate joy, which was both sincere and out of respect for Lin Chaoyang, a customer.
"Do you know anything about Yulang Organization?" Lin Chaoyang asked.
A glint flashed in Liang Botao's eyes, "Yulang Organization? You know a little bit about it." "Tell me and listen."
"Yulang Institution has recently suspended trading. Before the suspension, the market value was less than 300 million. I estimate that the stock price will fall further after the resumption of trading. Huang Yulang suffered heavy losses from investing in futures. It is said that the loss has reached 300 million.
The company was ordered to suspend trading by the Stock Exchange a few days ago. This is just the beginning. Huang Yulang has failed to comply with the listed company code for many rights issues this year and has concealed and failed to report
This kind of thing is not a big deal when the company's stock price is rising, but judging from the current market environment and the situation of Yulang Institution, it may bring disaster to the company."
"A catastrophe?" Lin Chaoyang pretended to be surprised, "Is it that serious?"
"Of course. When Yulang Institution was listed, Huang Yulang held 75% of the company's shares and had absolute control.
But over the past year, he has repeatedly sold and pledged shares without telling shareholders and shareholders. Only 36.4% of the shares in his hand are left, and he has lost absolute control of the company. The remaining shares are either on the secondary market or in the hands of brokers.
Here, these shares account for more than 60% of the total share capital.
Moreover, Huang Yulang has suffered heavy losses from futures trading and is heavily in foreign debt. He must now either borrow money, sell company assets and stocks in violation of regulations, or mortgage equity. If someone wants to acquire Yulang Institution, this will be the best time."
When he said these words, Liang Botao's eyes were fixed on Lin Chaoyang's face.
"In Mr. Liang's opinion, how much money will it cost to acquire Yulang Institution?"
Finally hearing the word "acquisition" from Lin Chaoyang's mouth, Liang Botao's heart skipped a beat. He suppressed his joy and said: "Linsheng wants a full acquisition or... Lin Chaoyang shook his head, "The price of a full acquisition is too high, absolutely.
Just control it.”
Liang Botao did not answer immediately, but looked thoughtful, tapping his fingers unconsciously on the table. "200 million, a conservative estimate."
The current market value of Yulang Institution is less than 300 million. If the stock price drops further in the future, theoretically speaking, Lin Chaoyang may only need a little over 100 million to obtain 50% absolute control of Yulang Institution.
However, the funds required to acquire a listed company will generally be greater than the company's current market value, and this "greater than" has no upper limit and only depends on the financial resources of both parties. Once the acquirer holds more than 5% of the shares and triggers a tender offer, it must not
Without disclosure to the public, the acquired party will naturally not be able to sit still and wait for death.
When both parties compete for funds, the stock price is bound to rise all the way. Whether it is through shareholders or the secondary market, a greater price will have to be paid. Therefore, the theory can only be a theory, and the number given by Liang Botao is not high.
Lin Chaoyang pondered for a moment and said to Liang Botao: "If I can provide 200 million funds and hand over this matter to Mr. Liang, how sure is Mr. Liang?" "Can Mr. Lin have a helping hand?"
Lin Chaoyang shook his head.
He knew Zhuang Chongwen and Jin Yong, but the relationship was not close enough to help him in the acquisition battle. "Absolutely 70%," Liang Botao looked sincere.
Seeing Lin Chaoyang's noncommittal expression, Liang Botao explained: "Once the acquisition begins, there will inevitably be unexpected things."
"Furthermore, Huang Yulang is a self-willed person. Even if he is unable to cope with the acquisition, he will definitely struggle to the death. If Lin Sheng has more funds, he may have greater certainty."
"I understand, 70% is already a lot." Lin Chaoyang said.
Liang Botao added: "In fact, his personality has both advantages and disadvantages for this acquisition. The disadvantage is that it increases the difficulty of the acquisition, and the advantage is that it also reduces our risk of loss."
Lin Chaoyang understood what Liang Botao meant and would save him if he attacked him. In order to ensure control of the company, Huang Yulang had to raise funds to expand his equity. Even if the acquisition failed, Lin Chaoyang could make huge profits by taking advantage of the stock price difference as long as the operation was done properly.
One stroke.
"Then I'll leave this matter to Mr. Liang!" Lin Chaoyang stood up and stretched out his hand to Liang Botao.
Although Liang Botao has handled more than 10 billion in funds since he started working, and has assisted in many listings and acquisitions, this is the first time he has started a company to host an acquisition battle. He stood up with some excitement and held Lin Chaoyang's hand, "I will live up to Lin Sheng."
Entrusted!"
Lin Chaoyang patted his shoulder with his other hand, and the two looked at each other without saying anything.
Tao Yushu returned home after eight o'clock in the evening. Lin Chaoyang asked Tao Yumo and Adi to look after the two children and took her to the restaurant to eat.
"You are a boss, not a part-time worker. When you get off work so late every day, not only will the people below be under great pressure, but it will also easily wear down your own body."
Tao Yushu didn't take it seriously and said: "In the company, you can't be exposed to the wind or the rain. What's so hard about it? It doesn't matter if the people below are under great pressure. If the money is given, they will work hard."
"Then you don't want to think about the children and me? I see you for two or three hours every night."
Tao Yushu turned around and looked at the two little ones, "It's enough for them to have Yumo. You... Lin Chaoyang said hurriedly: "I have you, so you have to go home early!"
Tao Yushu chuckled, "I've never seen you so diligent." "Isn't this because I'm afraid it will delay your career development?"
"Don't be so arrogant, you asked me to do business in the first place."
"Yes, yes, a good wife supports the whole family." Lin Chaoyang smiled, and then said to Tao Yushu: "Seeing that you are working so hard, I have a gift for you." "What gift?" Tao Yushu bookcase
While eating the food, he asked casually.
"Didn't I tell you before? The film business is very limited. If Lin wants to grow, he must develop horizontally and extend his tentacles to every corner of the cultural industry."
"Well, that's right. What's wrong? Do you have any good ideas?" "I have fallen in love with a company. Does Yulang Agency know about it?"
"Nonsense. They control most of the comics market in Xiangjiang. Can I not know that?" "How about we buy it?"
"What should I buy? They are a listed company, much larger than ours." Tao Yushu looked at her husband with strange eyes, feeling that he was talking nonsense.
"Take my pocket money!"
Lin Chaoyang's tone seemed to be such a natural thing.
Tao Yushu couldn't help laughing and reached out to touch his forehead.
"Don't be so playful, I'm talking to you about business." Lin Chaoyang's expression became serious.
"I know you have a lot of royalties, but that's the acquisition of a listed company, which requires not one or two million, but hundreds of millions of dollars.
Lin Chaoyang glanced at her helplessly, "Do you think I don't understand anything?"
"Then you still say these things?"
"Then do you know how much pocket money I have?"
Tao Yushu guessed that Lin Chaoyang's royalties had not changed much in the past year or so, and they were already 20 million Hong Kong dollars.
"Thirty million?" She made a bold assumption.
"Guess again.
Tao Yushu looked suspicious, "Forty million?"
"Guess again!
Tao Yushu felt that Lin Chaoyang was teasing her and said casually: "Sixty million."
"Guess again!"
She started talking nonsense, "One hundred million."
"Guess again!"
Tao Yushu stopped guessing and stood up to clear away the dishes.
Lin Chaoyang grabbed her hand and said, "Okay, no need to guess, I'll tell you."
Tao Yushu stood still and looked at his serious look in a funny way.
Chapter completed!