Chapter 298 Acquisition of Qingzhou Yingni! [2]

January 4, 1979.

0:00 p.m. Hong Kong time.

Half an hour ago, Asia Television, TVB, and reporters from major newspapers in Hong Kong suddenly received a call from Empire Group, informing them that they would have important news to announce.

In the past two days, newspapers in Hong Kong have been reporting on Mr. Yang of Empire Group, but most of the reports were from reporters from Hong Kong.

On the contrary, other mainstream newspapers in Hong Kong rarely reported on Mr. Yang's return to his hometown to worship his ancestors.

Now that Empire Group suddenly held a press conference late at night, how could those reporters not be surprised?

They immediately drove to the Federal Building from all over the place.

The Federal Building is not far from where these reporters are, and it doesn't take too long to get there.

0:30 p.m.

Empire Group meeting room.

In addition to Mai Lisi, Ma Shimin, Wei Li, Li Caixin, Wei Peter, Xia Boyin, Bao Fuda, Tang Shilian and others all attended the press conference.

When these reporters saw Mai Lisi, they immediately stuffed the microphone in front of Mai Lisi and others.

"Mr. Mai Lisi, may I ask if the Empire Group's late-night press conference is related to the news that Mr. Yang, chairman of the Empire Group, returned to his hometown? We have learned that Mr. Yang returned to his hometown to worship his ancestors on New Year's Day and was welcomed by hundreds of thousands of fellow villagers."

. . .

When those reporters were asking questions, Mai Lisi and others were silent and did not answer the questions of these reporters.

It means that they neither denied nor admitted, but only acquiesced.

"Dear reporters, please return to your seats. Tonight's press conference officially begins."

The reporters left the microphone in front of Mai Lisi and others and returned to their seats.

Mai Lisi said directly: "Tonight, we are calling all the journalists to attend this press conference because of the Empire Group's acquisition of a company."

What?

The Empire Group actually acquired another company?

Didn't the Empire Group just acquire the Xiangjiang Electric Company not long ago?

Those reporters seemed very surprised!

"The company being acquired is called Qingzhou Yingni. Since 1978, our Empire Group has absorbed the shares of Qingzhou Yingni. As of the end of today's trading day, the Empire Group owns 30% of the shares of Qingzhou Yingni and is already the largest shareholder of Qingzhou Yingni."

Qingzhou Yingni?

The market value of Hong Kong listed companies ranks 19th, with a market value of less than 900 million Hong Kong dollars, which is only a few tens of millions less than the current market value of 930 million Hong Kong dollars of Changkang Industrial Group.

Historically, Changkang Industrial Group was easily swallowed up by Li Jiacheng under this circumstance.

The current market value of Qingzhou Yingni is far behind the scale of the Empire Group, including Wharf, Hutchison Whampoa, and even Jardine Land and Hong Kong Electric Company.

When Hong Kong Electric Company was acquired by the Empire Group, its market value was 3 billion Hong Kong dollars, ranking fourth among Hong Kong listed companies.

Even so, now the Empire Group is going to swallow up another British company, and other reporters are very surprised.

This Empire Group is really too rich!

The capital flow is too huge!

"Now our Empire Group owns 30% of Qingzhou Yingni's shares, and is already the largest shareholder of Qingzhou Yingni. In order to protect the interests of the Empire Group's largest shareholder in Qingzhou Yingni, we will purchase more shares of Qingzhou Yingni to 49%."

"The purchase price this time is 50% of the premium of the closing price of Qingzhou Yingni's trading day today."

Today, the share price of Qingzhou Yingni closed at HK$7.05 per share. If the premium is 50%, it will be HK$10.57 per share.

This time, the Empire Group paid about HK$247 million for the purchase of about 19% of the shares.

Compared with the Empire Group's acquisition of other companies, the total price of this acquisition is really not high, even lower than the total price of the acquisition of Hong Kong Water Company.

However, the Empire Group began to gradually buy Qingzhou Yingni from more than HK$5 at the beginning of the year. When the purchase increased to 30%, it had already spent several hundred million Hong Kong dollars.

"Mr. Maris, do you mean to buy Qingzhou Yingni at HK$10.57 per share?" a female reporter asked.

She quickly checked the share price of Qingzhou Yingni today.

"Yes, it is HK$10.57 per share. This additional purchase is limited, and it is still the same as the acquisition of other companies. It will be carried out at the Wanzi Branch and Central Branch of Hutchison Securities. Registration will be officially held at 8:00 am tomorrow, and it will be on a first-come, first-served basis."

Maris did not say.

The main purpose of the acquisition of Qingzhou Yingni this time is to transfer Mr. Yang's information in China, just to let those reporters know that the Empire Group is going to take action against British capital again.

The target of this operation is Qingzhou Yingni.

When Maris announced the news.

Except for a small number of reporters who are still here, other reporters have left one after another.

. . .

It is 0:45 in the evening.

It is already late at night in Hong Kong.

At this time, most people, except those who work in the nightlife, have gone to bed.

Li Jiacheng and his wife Zhuang Yueming have also gone to bed.

In the past two days, he saw the reports about Mr. Yang in China by the journalists of Xiangjiang Zuopai.

From the news, it should be true.

I don't know why Li Jiacheng actually envied Mr. Yang for being personally welcomed by hundreds of thousands of fellow villagers when he returned to his hometown.

Li Jiacheng knew that Mr. Yang was a Hakka, and Mr. Yang's hometown was not too far from his hometown.

If he was invited to visit his hometown, would the villagers there welcome him in the same way?

However, judging from the newspapers, those villagers welcomed Mr. Yang, but Mr. Yang had to pay a price.

As for what the price was?

Li Jiacheng still didn't know.

Suddenly, Li Jiacheng, who was already half asleep, heard the landline phone in the room ring.

Li Jiacheng and Zhuang Yueming woke up all of a sudden.

Ever since Yang Ming acquired the Xiangjiang Electric Light Company, Li Jiacheng felt as if his heart was greatly stimulated. Whether it was day or night, he felt his heartbeat was particularly fast. When he went to the hospital for a checkup, the attending doctor found that there was no problem and thought that he might just have a neurosis, that is, there was no problem with his heart, but because of this disease, he might have auditory hallucinations.

Since Western medicine couldn't cure it, the attending doctor suggested that he see a Chinese doctor.

Li Jiacheng didn't see a Chinese doctor or take medicine in the end.

Since then, he felt that he woke up very easily, and sometimes he couldn't concentrate, which could easily lead to problems at work.

He also knew that he was fifty years old now and could not compare with his youth.

Now the phone suddenly rang, and he and his wife Zhuang Yueming woke up immediately. Zhuang Yueming turned on the desk lamp, and Li Jiacheng picked up his glasses and put them on.

The phone suddenly rang in the middle of the night, and someone must have something important to talk to him about.

Li Jiacheng went over to pick up the landline phone and answered it.

"Hello, this is Li Jiacheng."

"Boss, this is Qian Yu, the Empire Group just held another press conference."

The Empire Group just held another press conference?

It's already late at night?

Is the Empire Group going to acquire another company?

"Which company is the Empire Group going to acquire?"

"Boss, it's Qingzhou Yingni that you took a fancy to at the beginning of the year."

Qingzhou Yingni?

Li Jiacheng almost dropped the microphone in his hand.

To say that Qingzhou Yingni is just a small company, in fact, its market value is only 70 million Hong Kong dollars less than that of Changkang Industrial Group.

On the contrary, the scale of Qingzhou Yingni is much smaller than that of Hong Kong Electric Company, even Jardine Land, and Wharf Holdings.

At the beginning, the reason why he was interested in Qingzhou Yingni was not because Qingzhou Yingni produced cement, but because of the large amount of high-quality land in Hung Hom owned by Qingzhou Yingni.

Li Jiacheng originally wanted to secretly swallow up Qingzhou Yingni, but found that he had limited capabilities with Changgang Industrial Group. Now that Li Jiacheng and Shen Yi have become estranged, it is difficult for him to borrow more money from Huifeng Bank.

He really didn't expect that the Empire Group had already taken a fancy to Qingzhou Yingni.

"Boss, the Empire Group has already bought 30% of Qingzhou Yingni's shares and has long been the largest shareholder. This time, in order to control and acquire Qingzhou Yingni, it will buy 19% of the shares at a premium of 50%. I think we have to sell the 8% or so Qingzhou Yingni shares we bought before." Zhou Qianqi said helplessly.

Please subscribe!