1982 Started from Hong Kong

Chapter 395 Taking Over Wireless
Secretary Li’s first battle could not be considered a victory.

But it's pretty good.

The deal was negotiated from 11.5 per share to 10.7 Hong Kong dollars. Zhai Yuan acquired more than 1400 million shares from Li Lu Yanqun at one time, which is equivalent to 3.7% of TVB's equity.

Became the second largest private shareholder of TVB after the Li family.

It is just that according to Hong Kong law, in order to avoid hostile takeovers and protect public information, listed companies holding more than 3% of the shares must disclose the shareholder information to the Hong Kong Stock Exchange.

Zhai Yuan has no plans to stand in front of the stage yet.

So he signed a contract with Li Lu Yanqun in private, agreeing to wait until the Jiuyi Entertainment Group went public before officially completing the handover and announcing the news to the outside world.

Since then, Zhai Yuan officially took over TVB for 1.5 million Hong Kong dollars.

As a gift, Li Lu Yanqun gave him a pigeon egg.

Zhong Chuhong, who is an actress and still works part-time in the jewelry industry, was called downstairs by Zhai Yuan in the middle of the night. She got into Boss Zhai's car cautiously and her eyes were immediately attracted by the ring in his hand.

Zhai Yuan casually threw the ring to her: "See how much it is worth?"

Zhong Chuhong made a thorough analysis of the main stone, accompanying diamonds, cut and clarity.

Finally, he came to the point: "According to this year's market price, if it is sold at an auction house, it will cost at least 800,000 Hong Kong dollars. It should be customized by a top jewelry brand..."

As she spoke, she carefully examined the ring in her hand, her eyes sparkling, and she looked like she couldn't let it go.

Zhai Yuan nodded silently when he heard this. It seemed that Mrs. Li was very generous. She gave him something worth hundreds of thousands of dollars when they first met. She was worthy of being from a celebrity family.

“I think I paid too much for it.”

Zhai Yuan pretended to be regretful and said, "I got it from a collector for a little over a hundred thousand."

"Over a million? That's a bit expensive indeed." Zhong Chuhong frowned and looked a bit distressed. She rolled her eyes at Zhai Yuan and said, "Next time you buy jewelry, call me in advance. I've been an appraiser for almost ten years and I'm the best at bargaining... But I mean it. Although it's a bit more expensive, it looks much better than the cheap stuff I usually deal with. You get what you pay for."

As she spoke, she still held the ring in her hand, reluctant to put it down, and examined it carefully under the light.

Zhai Yuan waved his hand and said with great wealth: "It doesn't matter, as long as you like it, Sister Hong."

Zhong Chuhong's fingers trembled slightly, and he pretended to be calm and asked with a stern face: "What does this mean?"

Zhai Yuan said as a matter of course: "I apologize. Last time in Japan, my lips accidentally slapped yours. I was so ashamed, so I came to apologize this time."

Zhong Chu's stern face was broken by his description. She sneered, sighed, and slapped the ring into Zhai Yuan's hand.

"Forget it! I have to shoot at least five or six movies to earn this much for something worth hundreds of thousands of dollars. I wouldn't dare wear it even if you gave it to me."

Zhong Chuhong pulled his penis out of the pigeon egg with difficulty, raised his face and pouted at Zhai Yuan: "Since you have the heart, I forgive you, but there must not be a next time!"

"Tell me more, tell me more."

Zhai Yuan said a few vague words without comment, stroking the ring setting, and suddenly reached out to grab Zhong Chuhong's retracted wrist, which made her eyelashes flutter in shock. Then he put his thumb on her palm, and in Zhong Chuhong's surprised eyes, Zhai Yuan slowly put the cold platinum ring on her ring finger.

Pressing Zhong Chuhong's pulse, he could sense her throbbing emotions.

Zhong Chuhong's eyes were slightly dazed, she pursed her lips and muttered softly: "If I wear it on my ring finger, people will think I hate getting married if they see it."

"Simple~" Zhai Yuan snapped his fingers: "In addition to sending jewelry as an apology, I also provide customized services. Would you like to know more about the groom experience card?"

Zhong Chuhong was stunned for a moment before she reacted. She narrowed her eyes and looked at Zhai Yuan with a half-smile: "How long will the experience last?"

"On Monday, Wednesday and Friday, you will be the bride, and on Tuesday, Thursday and Saturday, I will be the groom. On Sunday, we will go back to our own homes. You can extend the contract as long as you want~"

Zhai Yuan frivolously lifted up Zhong Chuhong's chin, put his lips close to her, and said in a greasy bubble voice: "But you have to sign a confidentiality agreement during the experience period. After all, top-level jewelry like mine is most afraid of being marked as 'sold'..."

in the dark.

The Bentley was parked downstairs of Zhong Chuhong's house.

Wei Xing and three other bodyguards squatted on the roadside smoking, their cigarette butts flickering.

Suddenly, the extended carriage shook.

Occasionally, there was Zhai Yuan's hissing and shouting.

"So fast?"

The four of them looked at each other, and turned their heads away tacitly to pretend to be wooden stakes.

About a minute passed.

The tall Zhong Chuhong opened the car door and walked out, entering the apartment building with a proud look.

The four satellites looked at each other again: "So fast?"

After Zhong Chuhong's figure disappeared into the night, the four of them threw away their cigarette butts and quickly walked to the car door to check the situation.

"Do not ask!"

In the car, Zhai Yuan wiped his lower lip with his thumb and spat out a mouthful of bloody saliva, the tip of his tongue still aching slightly.

Then he smoothed his messy hair and waved to Satellite: "Drive!"

The Bentley's lights flashed twice and it drove away quickly.

In the elevator.

Zhong Chuhong was wearing red high heels and had a smug smile on her face.

Her fingertips subconsciously protected the dove egg on her right ring finger. The elevator mirror reflected her slightly red cheeks and the lipstick smudged at the corners of her lips...

The news of the early acquisition of TVB shares could be kept secret from outsiders, but not from Zhao Yifu.

Besides, it was he who instigated Zhai Yuan to buy shares from Lu Yanqun.

So, on the third day after Zhai Yuan and Li Lu Yanqun signed the contract.

News came from the financial world.

'The Australian gang is a big money man. After fully acquiring Asia Television six years ago, they spent a huge sum of money to buy a 23% stake in TVB Chairman Chiu Yiu-fu.'

After Zhai Yuan further diluted the Li family's equity, Zhao Yifu no longer had to worry about anything. He cashed out more than one billion Hong Kong dollars from the Australian helpers and still sat firmly as the largest shareholder.

The so-called Australian Gang refers to several large financial groups that poured into Hong Kong from Australia in the 80s. When they first entered Hong Kong, they set their sights on Rediffusion Television (ATV), one of the two major local television stations. They acquired % of the shares of Rediffusion Television in Hong Kong from the British Rediffusion Television headquarters, intending to start a media battle with TVB.

The results are obvious.

After the aggressive Australian gang entered ATV, they directly kicked out the chairman of the board, Huang Xizhao, causing his apprentices Mai Dangxiong, Xiao Sheng and others to resign in anger. Even Shi Nansheng, a small follower who used to work under Mai Dangxiong, also left.

It directly triggered a major change in the film and television industry.

The Australian gang, who were not used to the local environment, only spent one year at ATV and produced several dramas with mediocre ratings. Instead of surpassing TVB, the gap between the two originally evenly matched TV stations widened. So they simply transferred all their shares to businessman Qiu Degen the following year.

So in the morning it was called Rediffusion Television, but in the afternoon it was renamed Asia Television by Qiu Degen and is still used today.

"I heard that when Mr. Qiu first took over ATV, he was so stingy that he was like his uncle. He delayed the salary payment by a month, gave each employee only a quarter of a mooncake for the Mid-Autumn Festival, and gave no red envelopes for the New Year, but gift certificates from Far Eastern Bank. The most ridiculous rule was that only four sheets of toilet paper were allowed in the company restroom every day."

The car was driving on Broadcast Avenue.

Lizhi told Zhai Yuan some interesting stories about Mr. Qiu, the boss of Asia Television.

Zhai Yuan smiled upon hearing this: "I used to suspect that the Australian gang was hired by Uncle Six to cheat ATV, but this time they have taken over TVB, so it seems that the two are indeed unrelated."

It now seems that the Australian gang composed of several large financial groups obviously wanted to play the capital game. They originally planned to promote Rediffusion Television, which had no power and influence in the local area, but as a result of a series of mistakes and stupid moves, the TVB, which was originally evenly matched with them, became the only dominant TV station.

After a few years of silence, the Australian gang has made a comeback this time, changing their strategy to directly take over TVB, the largest TV station at present, and gain some of the decision-making power for their own use.

Qiu Degen naturally had some skills. After taking power at Asia Television, he reused old employees to shoot a series of much-talked-about dramas, and also organized and planned a series of variety show talent shows, which actually brought the dying TV station back to life.

It’s a pity that they missed the best opportunity and there is a serious outflow of talent. Unless TVB makes another stupid move, it will only be the second place for the rest of its life.

"Theoretically, with around NT$3.7- million, I can buy out the entire Asia Television from Qiu Degen, but restarting the business is too time-consuming and labor-intensive. It would be better for me to hold on to the % stake in TVB and become the second largest shareholder."

The street scene flashed by outside the window, and Zhai Yuan pondered.

With the signing of the agreement with Li Lu Yanqun, TVB's equity structure has become clearer.

Zhao Yifu holds a 33% stake, while Zhai Yuan and Li Lu Yanqun hold 6.5% together, forming the situation of the three largest private shareholders.

The remaining shares are held by the public and consortium funds.

As for profitability.

TVB's net profit has remained at around 3 million in recent years. Even if Zhai Yuan does nothing from today, the annual dividends will still exceed million.

Besides, why would Zhai Yuan do nothing?

After Zhao's Films ceased production, TVB rented a studio and converted the 65,000 square meter land in Clearwater Bay into a TV city with a total of 16 studios.

It would be a shame if the existing filming location was not used to shoot their own dramas to expand the scale of VCD, and to promote a group of students from the Spring and Autumn Academy of Performing Arts to become TV stars.

The car slowly stopped beside the broadcasting road.

Directly opposite is the TVB headquarters.

"Miss Secretary, give me the outline of the script you have polished."

Zhai Yuan slapped Li Zhi on the leg and took a manuscript from her bag.

The manuscript is not thick. As a brief outline of a drama, it only adds up to more than 20,000 words.

There is beautiful handwriting by Li Zhi on the cover.

"Big Era"

Note: This story is adapted from the stock market crash that occurred this month. There is no real character prototype. Any similarity is purely coincidental.

"Uncle Six is using me as a scapegoat this time, so he should at least collect some interest. We have 16 studios in Clearwater Bay, so let's shoot this movie 'Big Times' first to test the waters. If the results are good, I will let him use at least half of the studios next year for my people to start working, and we can calculate the copyright fees for the TV station's broadcasting later."

Zhai Yuan patted the manuscript paper in his hand, turned his head and looked at Li Zhi and said, "Yes, in addition, in two days, the Tung Wah Group of Hospitals' charity concert will invite you to be the host. At that time, I will let TVB broadcast the entire concert live in Southeast Asia. Be alert and don't forget to introduce my Girls' Generation. They are all very capable..."

The words have not yet fallen.

The phone in Lizhi's bag rang.

"Mr. Zhai, it's Mr. Situ who's looking for you."

Lizhi answered the phone and reported while covering the receiver.

Situ Mingzhu?

Zhai Yuan had already gotten out of the car and was about to walk to the TV station when he paused. He took the phone and smiled, "How is it, Councillor Situ? Is there anything I can do for you?"

"No~" Situ Mingzhu's laughing voice came from the other end of the phone, and he sounded in a good mood: "The press release criticizing Li Fuzhao last week was very well written. I heard from my niece that the sales of the September 1st Daily are now on a downward trend, but you don't have to worry. Let's go to Taiwan together at the end of the month, and I will help you develop overseas business..."

(I haven't updated for a few days. It's really a bad year. I won't say more. I will update as soon as possible to make up for it.
(End of this chapter)