Reborn Xiangjiang as a Tycoon

Chapter 591: Kill British Capital, Small Means (Two in One)

"I have decided to remove Grant and Fred from the board of directors, and replace them with Li Sizhao and Zhao Yi."

Lin Baicheng said and looked at Shi Yadi Shihuaiya and the four of them. Today, he said that he would replace Grant and Fred.

"Mr. Lin, Grant and Fred have always done a good job. Why should they be eliminated from the board of directors? Especially Fred, he is the company's chief technical engineer. If he is missing, there will definitely be a problem.

It will have a considerable impact on the company.”

Although he already knew that Lin Baicheng would do this and knew that opposition would probably be useless, Shi Yadi Shihuai still expressed his attitude out loud.

Lin Baicheng was not surprised when he saw this. He said: "I think the four of you should know that just last Friday, Grant and Fred were taken away by the Commercial Crime Investigation Bureau. They were reported to have harmed the interests of the company, so they

It is no longer suitable to serve as a director of the company."

"It's just a report."

Henry Kasik retorted: "Mr. Lin, if a report allows you to do this, in the future, if someone else reports problems with other senior executives of the company, will you also remove them from their positions?"

"This is not just a report. The Commercial Crime Investigation Bureau has opened a case for investigation, which shows that the official has some evidence. They should not be wrongly accused. This is the key point."

Lin Baicheng didn't want to argue with Yingzi about this matter, so he continued: "Of course, in order to avoid unjustly accusing good people, I am going to replace their board seats first and let them suspend their duties with pay and rest at home. After the official investigation results come out,

Make a decision again."

"If they are wronged, then I will restore their positions and honors and give them some compensation. But if they are not wronged, but really have problems, then everything will be done in accordance with the law.

.”

"Now we are suspending them with pay in order not to affect the company's reputation. The company cannot allow people with problems to occupy high positions. If employees and the outside world think that our company is not doing anything, it will be a heavy blow to the company."

No matter what happens in the future, as long as Grant and Fred are kicked off the board of directors and replaced by Lin Baicheng's people, it will be a victory for Lin Baicheng. At the next board meeting, he will take control of the situation and achieve the goal of increasing capital and stock.

The purpose is to use British capital to invest in the company Hong Kong Electric Group.

Of course, if he does this, Lin Baicheng will definitely have a lot of money trapped in the Hong Kong Electric Group, and his losses will actually be greater. However, what Lin Baicheng wants is to compete for capital with British capital, and he is about to make a lot of money in the futures market. He is not afraid

Can't compete with British capital.

"I still disagree with Mr. Lin's statement. This is too impersonal. At this time, we should trust them more. Only in this way will the company's employees and management work hard for the company."

Knowing that he could not stop Lin Baicheng, Shi Yadi Shihuaiya could only speak nice words and win people's hearts.

"Human touch?"

Lin Baicheng couldn't help laughing after hearing this. A company that wants to develop cannot be too humane. How can it manage a company like that?

"If the four of you don't have anything else to say, let's just go ahead and vote."

The shareholders' meeting is Lin Baicheng's home ground. He doesn't want to argue with the British capital, as long as the final result is what he wants.

The four of them, Shi Yadi and Shi Huaiya, wanted Lin Baicheng to change his mind, but this was obviously impossible. And if there was a vote, with Lin Baicheng's shareholding ratio, there would be no surprise at all.

The final result was that Grant and Fred were removed from their director seats, and Li Sizhao and Zhao Yi were replaced as directors of HK Electric Group.

If the shareholders' meeting was held in the past, Lin Baicheng would talk to other directors about the company's development plan and other matters. However, he and Yingzi had nothing to talk about, so once the purpose was achieved, it would be the end of the shareholders' meeting.

As for the British capital, after getting the director's seat, they had nothing else to say at the shareholders' meeting. The main reason was that they knew that no matter what proposal they had, unless it was beneficial to Lin Baicheng, Lin Baicheng would oppose it.

Given Lin Baicheng's shareholding ratio in Hong Kong Electric Group, once Lin Baicheng objected, any suggestions put forward by the British capital would be meaningless, so they simply stopped talking.

Judging from the current situation of Hong Kong Electric Group, Lin Baicheng has achieved victory. There will be no more surprises this time, and there is no possibility of a comeback by British capital.

However, Lin Baicheng's defeat of British Capital is just the beginning. The operation of Hong Kong Electric Group will definitely not go smoothly next. British Capital holds four board seats and is the company's major shareholder. It is not easy to interfere with the company's operation and development.

.

Fortunately, Lin Baicheng has already had this kind of mental preparation, and he himself also wants to cheat British capital and prevent British capital from escaping from HK Electric Group. Next, he will take the initiative to suppress the stock price of HK Electric Group. British capital can either choose to increase the stock price

If you cut off the stock and leave when it is at a low level, you will either have to watch your own shareholding shrink continuously, and your funds will be trapped in the Hong Kong Electric Group and cannot be moved.

As long as the stock price of Hong Kong Electric Group is low enough, even if the British capital wants to mortgage the shares to the bank for loan funds, it will not work. The bank is not stupid. It will calculate the loanable funds based on the market value of the collateral, and it is impossible to provide more than the collateral.

value of loan funds.

A mortgage worth 1 million yuan, but the bank provides a loan of 2 million yuan. If the borrower does not want the collateral and chooses not to repay the money, then the bank will lose 1 million yuan? The bank is not stupid, how can it do such a thing.

Generally speaking, it is very good if a bank can provide a loan with 80% of the value of the collateral.

After leaving the conference room, Lin Baicheng went to the office and had Levis called over.

"Mr. Lin!"

"Come, sit here!"

Lin Baicheng sat on the sofa and waved to Levis.

"Mr. Lin, did you ask me to come over?"

Levis sat down opposite Lin Baicheng, and he already had a guess in his mind. He knew that Lin Baicheng held a shareholders' meeting a while ago.

"At the recent shareholders' meeting, I replaced Li Sizhao and Zhao Yi as directors of the company. At the same time, I suspended Grant and Fred and rested at home for a while, waiting for the results of the Commercial Crime Investigation Bureau's investigation to come out before making a decision.

Their fate."

Lin Baicheng briefly stated the results of the shareholders' meeting.

"Congratulations to Mr. Lin. In this case, Shi Yadi Shihuaiya and their others' conspiracy to compete with you for control of the company has failed."

Levi's was overjoyed. He was now Lin Baicheng's subordinate and the chief executive of Hong Kong Electric Group. Lin Baicheng's victory in the battle represented his victory and his interests were consolidated.

"Well, this matter can almost be said to have come to an end."

Lin Baicheng also nodded with a smile, and then said: "I have already told Shi Yadi Shihuaiya and the others that the company will hold a board meeting at ten o'clock next Monday morning. Please remember to inform others. The theme of next Monday's board meeting is about

In terms of capital increase and share expansion, the company will issue an additional 190 million shares, increasing the total share capital to 1.5 billion shares."

"What you have to do is discuss with the management to see what is the appropriate price for the company's additional issuance at that time."

"Okay, Mr. Lin, I will notify you in the afternoon about this matter soon. I can set the specific additional issuance price before getting off work in the afternoon, and it will be determined by you then."

Levi agreed, and then asked: "Mr. Lin, when the company issues additional shares, which bank should we go to?"

"Looking to HSBC, I will increase my holdings according to the shareholding ratio of the company's additional shares this time, which means that I can own nearly half of it. I will let HSBC handle the rest. I want to use HSBC's

With strength, the remaining half of the stocks can definitely be taken care of."

Lin Baicheng stated his plan and handed it over to HSBC, which seemed to allow HSBC to earn handling fees. Logically speaking, this should not be the case, but Lin Baicheng did it anyway.

The reason is very simple. Lin Baicheng is issuing additional shares in order to dilute the British capital's shares or to let the British capital invest in increasing its shareholdings, so that more of the British capital's funds will be trapped. The share price of Hong Kong Electric Group will not rise much in the next few years.

A big improvement may even keep falling.

With such a stock trend, if Galaxy Bank is allowed to do this business, recommending stocks to bank customers is tantamount to trapping the customers. Customers will definitely have opinions on Galaxy Bank, so this thankless task is still left to

It would be better for HSBC to do it.

Levi's couldn't help but remind him after hearing this: "Mr. Lin, this time the British capital competes with you for the control of Hong Kong Electric Group, HSBC may have some help in the middle."

"I understand what you mean. I know all of this. The company's additional stock issuance business should be left to HSBC. After the board of directors approves it next Monday, you can contact HSBC."

Lin Baicheng has also thought about what Levi said, but he is not ready to fall out with HSBC for the time being, so he pretends not to know.

However, pretending not to know does not mean that Lin Baicheng does not keep it in mind. Therefore, if Lin Baicheng has good business now, he will never approach HSBC. Only businesses with hidden problems such as Hutchison Whampoa and Hong Kong Electric Group's additional stock issuance will

I will entrust HSBC to do it.

After a while, Levis left Lin Baicheng's office.

Lin Baicheng later called Li Sizhao and Zhao Yi to his office to talk and asked them to work hard. If they did well, their director seats might be retained.

In any company, management with board seats has a higher status and better treatment than management without board seats, and Hong Kong Electric Group is no exception.

In fact, before letting Li Sizhao and Zhao Yi serve as directors of HK Electric Group, Lin Baicheng had already talked to these two people. They also promised Lin Baicheng that they would do a good job. Lin Baicheng, the boss, followed suit and made another guarantee this time.

When returning to the Repulse Bay Villa for lunch at noon, Lin Baicheng met Iwasaki Mineryu, and the two chatted for a few words. Iwasaki Mineryu regretfully told Lin Baicheng that yesterday he only bought a little more than 60 million U.S. dollars with the funds he operated privately.

He had a long position in gold futures. Later, because the price rose too much, he wanted to wait until it adjusted down a bit before buying, but unfortunately it did not fall to the price he wanted to buy.

Iwasaki Mineryu used three times the leverage, which meant that he only bought more than 20 million U.S. dollars in principal. He spent a total of 50 million U.S. dollars in principal, and more than half of the capital was not opened.

Lin Baicheng said nothing about Iwasaki Mineryu privately using more funds to enter the market. After all, the money belonged to Iwasaki Mineryu, and profits and losses were Iwasaki Mineryu's own business and had nothing to do with Lin Baicheng.

But this time, Iwasaki Mineryu did the right thing. The price of gold will rise in the future, and he will make a lot of money from his investment this time.

Of course, the premise is that Iwasaki Mineryu can close the long orders at the high point. The price of gold will definitely fall sharply after the sharp rise. If he does not close the long orders in time, even if he makes a profit, it will not be too much.

There is a possibility of loss.

Lin Baicheng felt that after he closed the investment orders of the small circle of partners, Iwasaki Mineryu would also close the long orders, so the possibility of Iwasaki Mineryu making a profit this time is still quite high.

In the afternoon, Lin Baicheng did not go to Hong Kong Electric Group again, but went to Hutchison Whampoa.

Lin Baicheng talked to Wei Li and asked Wei Li to do something. This thing was to ask Wei Li himself or arrange for a senior executive of the company to inadvertently reveal that the company's investment was actually long gold futures and reveal this matter.

Let the outside world know.

After this news is spread, the media will definitely track down Lin Baicheng and Hutchison Whampoa's executives to interview the truth. What Lin Baicheng and others have to do is not to deny it and make the outside world more convinced that Hutchison Whampoa's investment is long.

Gold futures.

In this way, as the international gold price continues to rise, Hutchison Whampoa's stock price will also continue to rise. What Lin Baicheng has to do is to slowly sell the stocks and reduce his holdings after the stock price rises to a certain price.

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It just so happens that we will enter 1980 in a few days. Lin Baicheng can let Hutchison Whampoa publish the quarterly report and annual report early, and show in the report that his shareholding ratio in Hutchison Whampoa has not changed. After that, he can reduce the shareholding ratio.

Hold shares.

The next quarterly report was released to the public in April 1980. By then, Lin Baicheng's shareholdings had been reduced. Even if Hutchison Whampoa's stock price fell sharply as a result, he did not suffer any loss.

Reduce holdings at high levels to cash out and increase holdings at low levels to buy bottoms. This is what every chairman of a listed company will do. This way, the chairman of the company can make a lot of money every time he enters and exits. Even if the company's development does not change much,

It does not affect the chairman of the company making money.

Of course, Lin Baicheng would not tell Wei Li all his plans. There was no need, he just told Wei Li to do it.

Wei Li didn't ask what Lin Baicheng's purpose was. What Lin Baicheng asked him to do was not difficult. Of course he wouldn't refuse, and he didn't get to the bottom of it. After all, Lin Baicheng was the boss, and it was normal for the boss to order his subordinates to do things.

Lin Baicheng asked about the current stock price of Hutchison Whampoa and learned that the stock price of Hutchison Whampoa is currently fluctuating between 90 and 100 Hong Kong dollars, and has been fluctuating for some time.

Currently, the entire Hang Seng Index is in a rising phase, especially this month. As land prices rise, the stock prices of listed companies related to the entire industry chain in the real estate industry have risen, driving the entire market.

Hutchison Whampoa did not rise and was in a state of shock, mainly because the previous increase was too large and now there is no good support. It will take time to digest the previous profits.

(End of chapter)