In Hong Kong, we build a global business empire

Chapter 146 Percy's Conditions
With Lin Haoran's current identity, it is not difficult to get the contact information of this shareholder of Hong Kong Electric Group.

As for asking other people to find out whether the news is true or not? There is no need for that. Just ask the shareholder directly.

Soon, Lin Haoran obtained the contact information of the second largest shareholder of Hong Kong Electric Group.

In addition, he also learned that this foreigner named Percy did not belong to any British financial group, but held the shares entirely by himself.

People like this are relatively easier to deal with than those from big conglomerates.

According to the information we have learned, although Percy is in Hong Kong, he has not actually been here for a long time. He came to Hong Kong from Scotland five years ago and took advantage of the stock price plunge to become the second largest shareholder and board member of the Hong Kong Electric Group at a relatively low price.

In addition to being a shareholder and board member of Hong Kong Electric Group in Hong Kong, he currently mainly runs a hotel in Causeway Bay.

It can be said that this Scotsman has enjoyed the dividends of the times, and it is normal for him to choose to leave now while the stock market is booming.

After all, many British people are now very pessimistic about Hong Kong's future. Due to political reasons, Hong Kong's future is full of fog and no one knows what the future will be like. Staying here is like gambling.

Even local British companies such as Jardine Matheson and HSBC Holdings Plc, whose core businesses are in Hong Kong, are constantly seeking overseas development and moving their assets abroad, which shows that they themselves do not have much confidence in Hong Kong's future.

However, this British man obviously did not guess that the current increase in Hong Kong's stock market can only be considered a slight increase, and in the next two years, it will be a huge increase.

Of course, no one could guess it except Lin Haoran, the time traveler.

In the chairman's office of Wan'an Group, Lin Haoran contacted Mr. Percy directly.

The call was quickly connected, and authentic Scottish English was spoken on the other end.

"Hello, Mr. Percy, I am Lin Haoran, the chairman of Wan'an Group. I wonder if you are free now? I would like to visit you." Lin Haoran directly stated the purpose of his visit.

Causeway Bay is not big, and although the Wan'an Group is not very well-known, it is in Causeway Bay after all. The hotel run by Percy is also in Causeway Bay, so it can be considered a coincidence.

"Mr. Lin from Wan'an Group? Okay, I'll wait for you at Lisa Hotel." Percy did not refuse Lin Haoran's appointment, although he was a little confused as to why a Chinese boss wanted to see him, because there was no intersection between the two parties.

But think about it, Lin Haoran is not a small figure, and meeting him won’t delay anything.

After making the appointment, Lin Haoran left the Wan'an Group Building directly and took a car to the Lisa Hotel a few hundred meters away.

The hotel is 15 stories high and the entire building is used as a hotel. I don’t know whether it is rented or its own property.

If it is his own property, the strength of this shareholder is really not small. The value of the shares of Hong Kong Electric Group alone is more than 100 million Hong Kong dollars. In addition, the building in front of him is estimated to be higher than the valuation of the Wan'an Group Building. The value is still close to 200 million Hong Kong dollars.

After walking into the hotel front desk and explaining his purpose to the receptionist, it was obvious that Percy had already informed the receptionist, and Lin Haoran was quickly led to an office on the 12th floor.

"Hello, Mr. Percy." The two brothers Li Weiguo and Li Weidong were waiting outside the office. Lin Haoran walked into the office by himself, shook hands with the middle-aged foreigner in front of him and greeted him with a smile.

"Mr. Lin, may I know why you are here?" After greeting each other, they both sat on the sofa, and Percy asked directly.

The two of them were not familiar with each other, so there was no need to be polite.

"Mr. Percy, let me be frank. I heard that you are interested in selling your shares in Hong Kong Electric Group, is that right?" Lin Haoran stated his purpose with a smile.

"Indeed, I have this idea. How did you know about it, Mr. Lin?" Percy's eyes lit up and he asked curiously.

Percy had actually asked several of his British friends, and had private conversations with the shareholders of Hong Kong Electric Group. He had also consulted some unfamiliar British tycoons, but unfortunately no one was interested in Hong Kong Electric Group's shares. The main reason was that he raised the price by 10%, which made some potential buyers who were originally interested give up their purchase plans.

If it were sold at the stock market price, it would certainly be easy to sell, but Percy was not satisfied.

Moreover, if he was only trading at the stock market price, why would he bother looking for someone to take over? He could just sell it directly through the secondary market.

As long as he sells slowly, based on the current trading volume of Hong Kong Electric Group, he will be able to sell 10,000 within a month.

However, no one knows whether the stock price will fall in a month. The timeline is a bit long, so he will not take this approach unless he has to.

What's even more outrageous is that some British shareholders or British forces want him to sell it at a low price, which Percy certainly would not agree to.

Therefore, it would be best if we could find a suitable buyer.

Originally, he would definitely give priority to selling it to his British fellow countrymen, but it was obvious that no one was willing to take it.

As for the Chinese boss, he had thought about it, but he had never taken the initiative to contact him.

He bought shares of Hong Kong Electric Group in 1974. Five years later, the share price has increased several times. For him, he is very satisfied with this investment.

"I also heard it from a friend. So I came to Mr. Percy to confirm it." Lin Haoran replied with a smile.

From the joy on Percy's face just now, Lin Haoran knew that this deal would work.

As expected, Percy said directly: "If Mr. Lin wants to buy, I can sell it. I currently hold 4400 million shares of Hong Kong Electric Group, accounting for about 6.98% of the shares. As long as Mr. Lin pays HK$1.3 million, I will sell all the shares of Hong Kong Electric Group to you."

Lin Haoran frowned after hearing what Percy said.

It was revealed to the public that it was sold at a price 10% higher, but when it came to him it became more than 20%?

Isn't it just trying to make him a sucker? No wonder he looked happy just now.

However, he did not show any dissatisfaction. After all, the deal was negotiated. Moreover, 4400 million shares were what he needed.

Once he takes over these shares, he will directly become the largest shareholder of Hong Kong Electric Group, far exceeding the original largest shareholder, and the shares of Hong Kong Electric Group he holds will reach about 14.6% of the total shares.

Although it is still far from the goal of taking over the Hong Kong Electric Group, this will give him a solid foundation.

Moreover, he currently has funds in his hands, which can allow Huanyu Investment Company to continue to absorb them.

“Mr. Percy, the price you offered is too high. It is far beyond what I expected. I heard that you were looking for a share price higher than 10% to trade, and I happened to have some funds to buy these shares.

I am not afraid to tell you that I originally planned to purchase it through the stock market, but it may take some time to buy so many shares on the stock market, and it is unclear whether the stock price will rise or fall in the future, so I took the initiative to contact you.

In order to express my sincerity, I was going to stop bargaining with you, but I didn't expect you to raise the price again. It's a pity that the deal couldn't be concluded. There is an old saying in China that even if the deal fails, the friendship remains. Although we couldn't reach a deal, if Mr. Percy thinks it over in the next two days, he can contact me at any time. I may consider buying stocks of other companies in a few days. After all, Hong Kong Electric Group is not the only stock in Hong Kong. "Lin Haoran showed a regretful expression.

From the expression Percy just showed, it was obvious that he must have contacted many potential buyers, but no deal was made, so Lin Haoran was sure that he would sell it eventually.

If it were 10% less, that would mean tens of millions of Hong Kong dollars. The less the better. There was no way Lin Haoran would be the one to be taken advantage of.

Sure enough, when Percy heard this, he immediately regretted his previous idea of ​​taking advantage of the situation. This was obviously unnecessary. If others wanted to buy and he wanted to sell, he could just sell it directly. Why make so much trouble?

He suddenly smiled and said, "Mr. Lin is indeed a straightforward person. Since Mr. Lin is so straightforward, it would be inappropriate for me to still argue about the price. Let's talk straightforwardly and increase the price by 10% based on yesterday's final transaction price. How about that?"

"Okay, Mr. Percy, deal!" Lin Haoran answered directly.

Thus, the deal was done in just a few words.

Today, the Hong Kong Electric Group does not have any strong shareholders. Even the largest shareholder holds less than 10% of the shares. The senior management system of the Hong Kong Electric Group is based on the board of directors system, which is mainly hired from outside. The entire Hong Kong Electric Group is completely led and managed by these hired executives.

Therefore, it is the best time to take over the Hong Kong Electric Group now, while it has not yet been targeted by powerful companies.

Once he has enough funds, he will be able to acquire this giant in one fell swoop.

But if we wait for more than one or two years, someone will set their sights on the Hong Kong Electric Group, and it will not be so easy to take it over then.

In the previous life, why did Hutchison Whampoa acquire Hong Kong Electric Group? It was because Hong Kong Electric Group’s profits were high enough.

Several years after being acquired by Li Ka-shing, Hutchison Whampoa had a large amount of funds. If these funds were not used for investment, they would have to be placed in the bank.

But the bank’s interest rate was too low for Li Jiacheng.

But once this money is used to take over the Hong Kong Electric Group, the annual income will be much higher than if it was kept in the bank, and it will also indirectly control a large British bank, achieving the goal of killing two birds with one stone.

In order to acquire the 34.6% stake in Hong Kong Electric Group held by Hutchison Whampoa, Hutchison Whampoa eventually spent a huge amount of HK$29 billion in cash and eventually became the controlling shareholder of Hong Kong Electric Group.

This shows what a high-quality company Hong Kong Electric Group is.

However, a few years later, the market value of Hong Kong Electric Group was ridiculously high. According to Li Ka-shing's acquisition price, the market value of Hong Kong Electric Group reached more than 8 billion Hong Kong dollars.

Today, the total market value of Hong Kong Electric Group is only 1.5 billion. It only takes about 30% of the shares to acquire it. If you can acquire it before its market value rises to 2 billion Hong Kong dollars, then Lin Haoran's investment in Hong Kong Electric Group will only be 500 million to 600 million Hong Kong dollars, and he will be able to completely control this British bank that is only inferior to the Big Four trading companies. It is really a good deal.

After the deal was reached, the conversation between the two sides became more harmonious.

However, Percy had a condition. He hoped to sign the share transfer contract under the witness of the board of directors of Hong Kong Electric Group.

If the British do not give priority to selling their businesses or shares to their own people, they will easily be ostracized by their own people.

But before that, Percy had already asked all his British compatriots, and those who were interested in purchasing the property all hoped that he would sell it to them at a low price.

And now, it’s not that he doesn’t want to sell it to them, but they are unwilling to pay the price. So it’s no wonder that he sold it to Lin Haoran, a Chinese.

Lin Haoran agreed to this condition without hesitation.

Because he knew that no one would think that he had the ability to acquire the Hong Kong Electric Group. At most, they would think that he was just a shareholder because he saw the potential of the Hong Kong Electric Group.

Although he has acquired Ching Chau Cement Company, Ching Chau Cement Company and Hong Kong Electric Group are completely different levels of companies.

In the eyes of many people, ten Ching Chau Cement companies may be equivalent to one Hong Kong Electric Group, so the acquisition of Ching Chau Cement does not mean that Lin Haoran has the strength to acquire the Hong Kong Electric Group.

For Lin Haoran, becoming the second largest shareholder of Hong Kong Electric Group in public and continuing to absorb Hong Kong Electric Group's shares in secret is obviously a good cover.

The most important thing is that there is another benefit to becoming a public shareholder or even a member of the board of directors of the Hong Kong Electric Group. That is, if any shareholder of the Hong Kong Electric Group plans to sell his shares in the future, he will be the first to know it, instead of relying solely on rumors to find out.

However, in order to prevent Percy from changing his mind, a transaction agreement was signed even though the share transfer contract had not yet been signed.

The transaction agreement stated that Lin Haoran needed to purchase 1.19 million shares of Hong Kong Electric Group held by Percy for HK$4400 million. If he breached the contract, he would need to pay 20% of the total transaction amount as compensation.

At the same time, Percy also needs to sell his 4400 million shares of Hong Kong Electric Group to Lin Haoran at a price of HK$1.19 million, otherwise he will also need to pay 20% of the total transaction amount as compensation.

In other words, the deal has actually been finalized, and all that needs to be done is the transfer agreement signed at the headquarters of Hong Kong Electric Group.

(End of this chapter)