On January 8, 1985, the Hang Seng Index closed at 1588 points, with a record of 800 million Hong Kong dollars on that day;

In Wu Guangyao's view, a new wave of market in Hong Kong has begun;

The era of investors getting hot and stock markets getting crazy will come again.

In the next few days, the stock market showed some fatigue, and it had not passed 1,600 points;

However, an abnormal phenomenon occurred in the market:

For a long time, Huidefeng stocks have been active in the market, and I remained unmoved, and belonged to the kind of "hibernating stocks";

However, in late January, Huidefeng's stock price suddenly rose from the level of HK$4.1 to HK$5, like a long hibernating snake.

Such an abnormal market situation has caused market participants to speculate;

The most common saying in the market is that the Wu family wants to acquire Huidefeng Group.

The reason is very simple: ‘National Hero’ Wu Guangyao has always liked to acquire British-funded companies, but the large British-funded companies under his preservation occupy half of Hong Kong Island; such as Hutchison Whampoa, Land, Hutchison Whampoa, Qingzhou Cement, Hong Kong Tram, Hong Kong Electric Lights, Chinese Gas.........

Now that Hui Defeng is ready to move, the first thing everyone thinks about is Wu Guangyao's "make trouble".

At the same time, some media found out the old accounts: In 1982, a media in Hong Kong published a gossip news - Wu Guangyao gave Huidefeng founder Lao Madeng (deceased) a middle hall life scroll, which accidentally left the market and sold in an antique store. After learning about it, Xiao Madeng went to buy back the treasure, but found that it had been taken first by others.

The media believe that the Maden family did not take the treasure given by Wu Guangyao seriously and hurt the face of the world's richest man, so Wu Guangyao doesn't have to be polite, anyway, the fate has ended.

As the protagonist of public opinion, Wu Guangyao suddenly felt helpless, and there were so many investors who could imagine;

Wu Guangyao has never coveted Hui Defeng, and there are two reasons:

First, although Huidefeng's assets are generous, they are not necessarily buying products or irreplaceable assets; simply put, they don't look down on them!

Second, Wu Guangyao and Lao Madeng are not acquainted each other without fighting, and they are still good at having a relationship with Xiao Madeng, and can be regarded as a friend's relationship; there is an old Chinese saying - friends should not be bullied by their wives; friends should not be greedy for their wealth.

So, how could Wu Guangyao take the initiative to acquire Huidefeng Group? Even when Xiao Ma Deng was interested in selling the market, Wu Guangyao was not moved at all.

As for the gossip news in the media, although Wu Guangyao was a little angry that the Madeng family had left their treasures behind, they would not have been attacked because of this matter.

Wu Guangyao was unable to explain the market rumors and did not want to explain them;

If you are willing to make up for it, just go to make up for it!

However, Wu Guangyao actually knew the abnormal stock behavior of Huidefeng Group;

Unexpectedly, it should be the crossing of the river - Qiu Debo is making waves.

Depending on the situation, Huidefeng Chairman Xiao Madeng has sold his shares to Qiu Deba;

At the same time, Qiu Deba quietly bought Huidefeng stocks in the market, which led to Huidefeng stock height.

Like the Kessek family, the Madden family has always been afraid of the ‘Return of 97’;

Then it would be natural for the Maden family to fade out of Hong Kong.

Coincidentally, due to family internal strife, Zhang Yuliang, the major shareholder of Huidefeng Group, also wanted to fade out of Hong Kong;

This made Xiao Madon take a step forward and secretly sell his shares to others.

Who is Qiu Deba? How dare you come to Hong Kong to acquire a large British foreign company?

At this time in Hong Kong, Qiu Deba was definitely an unknown person, and more than 90% of Hong Kong citizens had never heard of Qiu Deba's name;

But Qiu Deba was obviously not an ordinary person to be called "crossing the river dragon";

Qiu Deba was originally from Fujian. He worked as a clerk in the Malaysian overseas Chinese business in his early years. In 1960, he founded the Malay Bank with his friends;

In 1965, Qiu De moved to Singapore to develop and acquired Malayan Bank's Singapore assets - five listed companies mainly in the hotel industry. In Singapore, Qiu's wealth was second only to the Huang Tingfang family, and both were famous Southeast Asian rich people.

In the early 1980s, the Huang Tingfang family entered Hong Kong, and the flagship Xinhe Group in Hong Kong also ranked among the top 15 real estate listed companies in Hong Kong;

Qiu Deba, who is also a wealthy man in South China, is naturally itchy and desperately hopes to find his place to stay in Hong Kong.

Qiu Deba, who is already seventy years old this year, will never be a reckless person, so he is well prepared;

First, through an intermediary, we negotiated with the Maden family and purchased 14% of Huidefeng shares owned by the Maden family.

......

Thursday, January 31, afternoon.

Huidefeng announced the suspension of trading, and the acquisition was immediately reported: the acquirer was Fal, a company just registered by Qiu Debat, and Luo Fuqi and his son (Hong Kong) were their financial advisers; Luo Fuqi proposed a conditional comprehensive acquisition agreement on behalf of Fal Company. Fal Company acquired Huidefeng A shares for HK$6 per share and HK$0.6 per share in cash, with a total of HK$1.9 billion in acquisitions.

The proposal also states that Fal has purchased 6.7% of Huidefeng's A-shares from the Maden family (about 210 million shares, with a total share capital of 3.1 billion shares), and 22.7% of Huidefeng's B-shares (about 55 million shares, with a total share capital of 240 million shares).

Ab-share model: The stocks are divided into two series a and b, and there is 1 vote for the series a common stock issued by external investors, while the B-share common stock held by management has n votes (usually 10 votes) voting rights for each share.

Simply put, it means that the same shares have different rights. This is a means by which the management of some listed companies use a few stocks to control the entire company;

Huidefeng's ab shares are another model. The voting rights of the two are the same, but the market value of the b shares is only 1/10 of that of the a shares;

The first listed company in Hong Kong Island to conduct ab share share in the history of Huidefeng, and the only listed company to implement ab share share.

At the beginning, Huidefeng took the lead in implementing the A-share model, in order to avoid other Chinese companies following Wu Guangyao and launching an acquisition of Huidefeng;

Because he was the first to take the lead, he caught the regulatory authorities off guard;

Subsequently, the Securities Regulatory Commission rejected the subsequent issuance of A-shares that all companies applied for, while Huidefeng was already in a good position and its influence was not low, so the matter was left alone.

Li Chaoren was one of the people who wanted to learn the AB stock model. I don’t know what he was worried about...

In Wu Guangyao's view, Huidefeng's ab-share model is not unbreakable;

If it were the one who acquired it yourself, even if you don’t spend a lot of money, you could break this model;

First, Wu Guangyao will first subscribe to a certain A-share, then convene a board of directors to reject the equal voting rights of B-shares;

Because at this time, the total voting rights of the Maden family and the Zhang family in Defeng were less than 50%;

Then the remaining 50% of the voting rights must be unwilling to see the current situation of different rights in the same shares, and the board of directors can easily change the priority of B shares.

In this way, the defense lines between the two companies can be completely broken down!

Of course, Wu Guangyao would not have such malicious acquisitions, he just put himself in his shoes!

......

Huidefeng Building

Zhang Yuliang was furious and scolded Xiao Madeng for not talking about "martial ethics" and quietly sold the shares to Qiu Depu;

It turns out that major equity changes must be subject to the consent of the major shareholder, not to mention that all directors will know;

Madden deals with Qiu in private and doesn't regard his many years of partners as human beings.

"No! Qiu Deploys to join Defeng, which may damage the interests of all shareholders! I must stop him!"

"If I initiate a counter-acquisition, I will have to invest a lot of money; now I have intended to fade out of Hong Kong and move to Australia, so anti-acquisition is unrealistic."

"But if you initiate a counter-acquisition, Qiu Debo will surely succeed!" "It seems that you can only find foreign aid! Well, I am also interested in fading out of Hong Kong anyway. It would be better to sell Defeng stocks at a high price in this market!"

Zhang Yuliang quickly made up his mind, and the investors were waiting for Zhang to respond, but he was not willing to go with his wishes;

Wouldn't it be better to sell your shares to someone who is capable of tying the wrists with Qiu De and watch the fight on your own!
Chapter completed!