KOOS Baker, President of MIH group in South Africa, is extremely dissatisfied with Lin Feng's banditry. When I invested in Tencent, MIH group of South Africa had vision. Now Tencent is developed, but the company wants to recover its equity. How can it be so cheap. What's more, now Lin Feng is holding Tencent. Everyone knows that Tencent's share price will soar all the way in the future. Who will sell Tencent at this time!
"Mr. Baker, you should understand that we have no malice against MIH group of South Africa, and you are welcome to hold shares in Tencent. However, for the long-term and stable development of Tencent in the future, we do not want a shareholder to hold shares that can affect the stability of Tencent's equity structure." Lin Feng said with a smile.
KOOS Beck laughed at the words. If we say that Lin Feng holds the most shares of Tencent's single shareholder, now Lin Feng actually says that he is afraid that a shareholder has enough shares to affect Tencent's equity structure, but hopes to weaken. This is too ridiculous. Isn't it a typical case that only state officials are allowed to set fire and people are not allowed to light lights!
"Mr. Baker, if you are willing to sell 7% of Tencent's shares, I am willing to buy it at HK $110 per share (currently HK $87 per share). What do you think of Mr. Baker?" Asked Lin Feng.
"Mr. Lin, don't waste your breath. We won't sell any shares of Tencent." Coos Baker sneered.
Lin Feng smiles.
"Mr. Baker, it's your right to refuse. However, if you refuse, then I can only take measures to continue to increase holdings to weaken the Tencent shares held by your group. " Lin Feng did not hide his intention.
"Well, Mr. Lin, don't forget that we will also increase our holdings through the stock market." Coos Baker sneered.
If Tencent continues to hold more shares, MIH group of South Africa will continue to buy and keep enough shares. MIH group of South Africa has been optimistic about the future of Tencent from the very beginning, and now Lin Feng has settled in, the future is bound to be more limitless. He will never give up any shares of Tencent. What's more, KUs Beck also hopes to take control of Tencent one day.
Lin Feng was not surprised by KUs Beck's choice. Unfortunately, MIH group of South Africa can't refuse this plan. Lin Feng has checked that the cash held by South Africa's MIH group does not exceed US $300 million. As long as Lin Feng holds another 400 million shares, the cash of South Africa's MIH group will be in a hurry. After holding 50.1% of Tencent's shares, Lin Feng only has US $200 million in cash, but he can draw us $3 billion from "second game" at any time. At the same time, Lin Feng can also borrow through the "second bank".
It can be said that playing this capital game, South Africa's MIH group is far from Lin Feng's opponent. Although MIH group of South Africa can also borrow money through banks, it needs interest to borrow money, and the interest of borrowing large amount of money from banks is absolutely not low. On the contrary, "the second bank" belongs to Lin Feng, and its interest is far lower than that of South Africa MIH group.
Coos Beck has a dark face. If Lin Feng really plays this kind of capital game with him, South Africa MIH group is definitely not an opponent. On the contrary, it may even cause the whole group company to be in danger because all the working capital is invested in Tencent shares.
"Mr. Baker, if you are willing to sell 7% of Tencent's shares in your group, then your company will have an executive director seat in Tencent. At the same time, our company and your company can consider more and deeper cooperation. For example, TV broadcasting, Internet and other aspects of cooperation. " Naturally, Lin Feng is not only strong, but also good at the right time. Otherwise, there will be no benefit at all. No one will do anything unless they are forced to do it.
Kuth Beck's heart moved when he heard the words. If we can cooperate with Lin Feng, that will bring great benefits to the development of MIH group in Chinese mainland. What's more, Lin Feng's tentacles have begun to spread all over the world. If we have a good relationship with Lin Feng, it will be good for the global development of South Africa MIH group.
"Mr. Baker, please think about it. I hope Mr. baker can finally make a decision that will make both sides happy." Lin Feng finished and hung up.
Lin Feng is not absolutely sure whether KUs Beck will agree to cooperate. However, if Tencent does not cooperate, it will take tough measures. If it cooperates, both sides will be happy. It depends on whether or not KUs Beck will fight for a moment.
Lin Feng felt relaxed. Coos Beck has a terrible headache. The current market value of South Africa's MIH group is only more than US $4 billion, which is less than Tencent's market value. In addition to holding 35.4% of Tencent's shares, other businesses of the company are hardly worth mentioning. Therefore, KUs Baker is not willing to give up Tencent shares in his heart. But now Lin Feng's strength, actually lets the Ku Si - Beck have a little helpless. If he does not give up, Lin Feng will continue to increase his holdings and expand Tencent's working capital. If South Africa's MIH group does not sell its shares, it will continue to weaken until the 25% in Lin Feng's mind. And in this way, the two sides are completely hostile.
After thinking about it for a long time, KUs Beck shook his head helplessly. Now the situation is better than others and he has to compromise. This time, Lin Feng, the richest man in the world, has billions of dollars in his hands. He has no confidence to compete with Lin Feng. What's more, Lin Feng has just acquired Standard Chartered Bank and turned it into a private "second bank", which can borrow money through the "second bank". This kind of capital game is not what the small South African MIH group can play. It's better to sell 7% of the shares with Lin Feng's heart, so as to make everyone happy. At the same time, we can make friends with Lin Feng, so as to lay a foundation for the future cooperation between the two sides.
No way, who let Lin Feng is more money!
What's more, KUs Beck is also afraid that Lin Feng will snipe the South African MIH group in the stock market because of the non cooperation of the South African MIH group. At that time, if Lin Feng really Snipes South Africa's MIH group on NASDAQ in the United States, then KUs Beck really has no place to cry. Now it's time to cash in the South African MIH group.
Then, KOOS Baker held a board meeting. After analyzing the cause and effect, many directors were not angry with Lin Feng's hegemony, but they could only agree in the end. As for Ms. Liu who learned about the situation through online video conference, she made an absolute protest, but her 11.6% shares are not enough to affect the overall situation. In the end, the board of directors of South Africa's MIH group passed a proposal and decided to sell its 7% stake in Tencent to Lin Feng at a price of HK $110 per share.
When Lin Feng received a call from KOOS Baker, he showed a satisfied smile. Clearly, Kurth Beck has chosen a decision that everyone likes.
"Thank you for your wise decision, Mr. Baker. I think we should have a lot of opportunities to cooperate in the future. " Lin Feng finished and hung up.
Subsequently, Lin Feng withdrew $3 billion in cash from "second game" and completed the transaction with South Africa's MIH group. Lin Feng bought 7% of Tencent shares in South Africa's MIH group at HK $110 per share for a total of US $1.91 billion.
However, holding so many shares is not a good thing.
"Lin, if we buy 7% shares of MIH group in South Africa, we will hold 57.1% shares of Tencent in total, which is too high for a listed company, and the capital is too large. In terms of capital science, this is not wise. " Abby Cohen said.
Lin Feng nodded. Indeed, it's too much to own 57.1% of a listed company. At the current Tencent price of HK $89, this accounts for almost US $12.55 billion of Lin Feng's capital and consumes almost all of Lin Feng's cash. With the $3 billion in cash drawn from "second game", Lin Feng holds only $1.23 billion in cash. But also to complete the acquisition of the Bank of East Asia. At present, Lin Feng owns 20% of the shares of Bank of East Asia. Liao Bixin bought 8.2% of the shares of Bank of East Asia by selling the shares of Liao Chuangxing bank for HK $3.66 billion.
Taking into account the 20% shares held by Lin Feng, the two sides hold 28.2% of the shares of Bank of East Asia, which is already the largest shareholder of Bank of East Asia. However, if you want to support Liao Bixin to become the chairman of the Bank of East Asia, that share is not enough. Lin Feng still needs to continue to acquire. This needs money!
Although Lin Feng can borrow funds through the "second bank", now the "second bank" is still in the process of integration. As a last resort, Lin Feng does not want to borrow funds through the "second bank".
"Well, Abby, at a suitable price, I will sell part of my shares in Tencent." Lin Feng said.
Abby Cohen nodded. This is the best, otherwise Lin Feng hands backlog Tencent so many shares, it is a waste of resources. It's just like money in the bank. No matter how much money is in the bank, it's just a bunch of meaningless numbers. Only use can make sense.
Then, when Tencent officially announced that South Africa MIH group reduced its 7% stake in Tencent, and Lin Feng finally held 57.1% of Tencent, the dispute between Tencent and Lin Feng was completely settled. The outside world has nothing to say about it.
Now Lin Feng holds 57.1% of the shares of Tencent, which is worthy of being the largest shareholder of Tencent. MIH group of South Africa also reduces its shares of Tencent to 24.86%, which no longer poses any threat to Lin Feng. What's more, the imagined dispute between Lin Feng and Ma Huateng ended when Lin Feng gave up the post of chairman of the board of directors and only served as a special adviser. It can be said that although Tencent has gone through a period of crazy and chaotic stage, it has finally embarked on a more brilliant road. This road will lead to Rome!
As for Lin Feng, after taking this opportunity to annex Tencent, he has become a well deserved it overlord in China, and his it empire is ready to emerge.
But the last brick to add to Lin Feng's it Empire, or Lin Feng's business empire, is the Bank of East Asia.
Lin Feng, who is completely free, aims at the Bank of East Asia. Lin Feng wants to send his last gift to his empire when the skyscraper of the "second world" headquarters is completed on October 1( To be continued, if you want to know the future, please log in www.qidian.com , more chapters, support authors, support legitimate reading!)