jdhmnovel Chapter 380 Large-scale Acquisition
Chapter 380 Large-scale Acquisition
He wasn't wearing a suit today, just a light gray turtleneck sweater paired with black casual pants, yet he still exuded a powerful aura.
"Everyone, keep working, don't worry about me."
Jiang Tiansheng waved his hand, his voice not loud but full of authority.
Hong Jinbao quickly walked to Zhang Wanting's side.
How's filming progressing?
"It went very smoothly, two days faster than expected."
Zhang Wanting pushed up her glasses. This up-and-coming female director was young, but her work ability was extremely strong.
"Would Mr. Jiang like to see some sample footage?"
Jiang Tiansheng shook his head.
"No need, I trust Director Zhang's judgment."
He looked around the set and his gaze fell on Cherie Chung, who was touching up her makeup.
Today's scene required her to appear without makeup, but even without any makeup, the 22-year-old actress was still breathtakingly beautiful.
She wore a simple white T-shirt and jeans, her hair casually tied in a ponytail, yet she exuded a unique charm that blended innocence and sexiness.
"Hello, Mr. Jiang."
Chow Yun-fat took the initiative to come over and shake hands, his attitude respectful yet neither humble nor arrogant.
"Brother Chow, you've worked hard."
Jiang Tiansheng responded.
"I heard you turned down three commercial films for this role?"
Chow Yun-fat laughed heartily.
"It's worth it. The script is excellent, and Director Zhang has a lot of great ideas."
Jiang Tiansheng nodded and walked towards Chung Chor-hung. Seeing this, the actress accidentally knocked over a powder box on the vanity.
"Hello, Mr. Jiang..."
Her voice trembled slightly, clearly showing her awe of the big boss who controlled the film company.
"Relax."
"Jiang Tiansheng unexpectedly picked up the powder box and handed it to her."
I'm really looking forward to your performance.
Chung Chor-hung took the powder box, her fingertips accidentally touching Chiang Tin-sing's hand. She quickly pulled her hand back, her cheeks flushing.
"Thank you, Mr. Jiang... I will do my best."
Jiang Tiansheng stared into her large, watery eyes and suddenly asked a question.
"I heard you turned down the contract with Shaw Brothers?"
Yes...yes.
Chung Chu-hung was somewhat surprised that Jiang Tian-sheng knew about such a trivial matter.
"I want to try more different types of roles..."
Having your own opinions is a good thing.
Jiang Tiansheng said meaningfully, then turned to Zhang Wanting who was walking over.
"Director Zhang, Chu Hong has great potential. We should give her more opportunities to develop her skills."
Zhang Wanting nodded knowingly.
"President Jiang has a keen eye. We are adjusting some of her scenes to make her character more well-rounded."
In a corner of the set, veteran actor Guan Shan silently observed this scene. As Guan Jiahui's father, he was fully aware of his daughter's relationship with Jiang Tiansheng.
"Old Guan, what's wrong?"
Liang Xiaolong, who was in the same production crew, noticed his unusual behavior.
Guan Shan shook his head.
"Nothing, just thinking about some family matters."
He decided to call his daughter tonight to remind her to pay more attention to her boyfriend's whereabouts.
During this period, the stock price of International City Company soared from 4.2 yuan to 5.4 yuan.
Jiang Tiansheng stood in front of the floor-to-ceiling window of Zhao'an Real Estate.
"Mr. Jiang, the market value has reached 97 billion, far exceeding the actual asset value."
Bai Jinyan stood in front of the desk, his voice filled with barely concealed excitement.
"The 100 million shares we hold are now worth 540 million."
Zhang Taotao added.
"After deducting costs, the net profit exceeds 400 million. Mr. Jiang, should we continue to hold the shares?"
Jiang Tiansheng gently swirled the wine glass, the ice cubes making a crisp sound as they collided against the glass.
"Start selling in batches, no more than 20 shares per day, without alerting the market."
"understand!"
The two said in unison.
"Continue to hold the shares of Cheung Kong Holdings, Hong Kong Electric, and Wheelock."
Jiang Tiansheng turned around, his sharp gaze sweeping over his two capable assistants.
"Especially Cheung Kong Holdings, hold it for at least one year."
Bai Jinyan quickly jotted down the instructions, the pen scratching softly on the paper.
Zhang Taotao hesitated, as if he wanted to say something but then stopped.
"Mr. Jiang, the market is very hot right now, are you sure you don't want to wait any longer?"
Jiang Tiansheng smiled slightly.
"Greed is the enemy of investing. Remember, no one can always accurately time the market top."
No sooner had he finished speaking than the office door was suddenly pushed open.
Chen Zhilong strode in.
"President Jiang, it's confirmed! Li Jiafeng was referring to the Jielian Enterprise acquisition!"
Jiang Tiansheng's eyes sharpened, and he waved for Bai Jinyan and the other person to leave. After the office door closed, Chen Zhilong couldn't wait to continue.
"Chen Songqing of Jianing has been in frequent contact with New World Development and is very likely to acquire the 35% stake held by the Zheng family at a price of 6 yuan per share, for a total price of 1.42 million yuan!"
How many did we acquire?
Jiang Tiansheng put down his wine glass and crossed his hands to support his chin.
"Around 12%, costing 3900 million."
Chen Zhilong opened the folder.
"But if Jia Ning acquires that 35%, plus the shares in circulation, it could very well be close to controlling interest..."
Jiang Tiansheng got up and paced back and forth, his Italian handmade leather shoes making no sound on the carpet.
"Zheng Jia keeps his promises, and the deal should have been finalized. But the fact that Jia Ning is only buying 35% indicates that they are also short of funds."
"What does General Jiang mean...?"
Chen Zhilong pushed up his glasses.
"Continue the acquisition, at least to 20%."
Jiang Tiansheng stopped in his tracks, his voice cold and stern.
"I will personally invest another 1 million."
Chen Zhilong gasped.
"This...this is going head-to-head with Jialing! They're at the height of their power right now, and they have HSBC backing them..."
"The business world is like a battlefield; there are no enemies or friends here."
Jiang Tiansheng sneered.
"Even if we eventually withdraw, we can still make tens of millions by reselling the 20% stake."
Fine beads of sweat appeared on Chen Zhilong's forehead.
"But what if Jia Ning retaliates..."
"They are too busy taking care of themselves."
Jiang Tiansheng walked back to his desk and pressed the internal phone button.
"Secretary Cheng, prepare the car, I need to see Lin Luoqi."
Just as Chen Zhilong was about to offer further advice, the phone on the table suddenly rang.
His expression changed drastically after he answered the phone.
"Mr. Jiang, there's unusual activity in Baide Real Estate's stock price! Someone is making a large-scale takeover bid!"
Jiang Tiansheng raised an eyebrow.
"Find out who it is."
Ten minutes later, Chen Zhilong returned with the latest intelligence.
"It's Hengyao Investment, which has already acquired 15%! Behind it is... the Landlord Association, with Zhong Wei orchestrating the operation."
"Zhong Wei?"
Jiang Tiansheng's eyes held amusement.
“Interesting. Spread the word that Hengyao hopes Zhaoan will support their takeover of Baide Real Estate.”
Chen Zhilong was incredulous.
"Isn't this...playing with fire?"
"The bigger the fire, the more it will force Lin Luoqi to submit."
Jiang Tiansheng glanced at his wristwatch.
"He should be here soon."
Lin Luoqi practically stormed into Jiang Tiansheng's office.
The head of Baide Real Estate is in his early fifties and looks like he hasn't had a proper rest for several days.
"Mr. Jiang!"
Lin Luoqi didn't even bother with pleasantries.
"Hengyao Investment is aggressively acquiring our shares!"
Jiang Tiansheng gestured for him to sit down, and slowly poured him a cup of tea, pushing it towards him.
"Mr. Lin, please have some tea and speak slowly."
Lin Luoqi had no interest in drinking tea; he braced his hands on the desk, his voice trembling.
"Zhao An...Zhao An hasn't sold off our shares, has it?"
"Not yet."
Jiang Tiansheng took a sip of tea.
"However, Mr. Lin, the stock performance of Baide Real Estate is really disappointing."
Lin Luoqi wiped the sweat from his forehead.
"The overall market environment is not good, and our funds are also tight..."
"Zhaoan needs to generate profits to pay off its debts."
Jiang Tiansheng put down his teacup, his eyes suddenly sharpening.
“Since someone is willing to buy at a high price, I’m considering having Hengyao raise the stock price a bit before selling off the shares.”
"what?!"
Lin Luoqi was struck dumb, his face turning deathly pale.
"President Jiang, this...this will cause me to lose control!"
Jiang Tiansheng leaned back in his chair, speaking as casually as if he were discussing the weather.
"The business world is like a battlefield, Mr. Lin should understand that."
The office fell into dead silence.
Sweat dripped down Lin Luoqi's face.
"President Jiang, please help me this time, considering our long-standing friendship."
Lin Luoqi's voice carried the air of entitlement typical of a rich second-generation.
"Best Property is my father's life's work, and I cannot lose control of it."
Jiang Tiansheng slowly flipped through Bestway Real Estate's financial report, his slender fingers lightly tapping on several key figures.
"With a debt ratio of 85% and the stock price falling below net asset value, Mr. Lin, Zhaoan itself has nearly 2 million in debt, so there is really nothing we can do to help."
The air conditioner was blowing cold air, but Lin Luoqi's forehead was constantly covered in fine beads of sweat.
He loosened his Hermès tie and suddenly lowered his voice.
"Mr. Jiang, I know you have a way... The price is negotiable..."
Jiang Tiansheng closed the document, leaned forward, and his eyes gleamed with shrewdness.
"Two options. First, pledge your shares in Bestway Real Estate and borrow money from Zhao'an to repurchase the shares; second..."
He paused.
"Sell Dehe Real Estate and cash out to increase holdings."
"Dehe?"
Lin Luoqi was like a cat whose tail had been stepped on.
"That's my most profitable project!"
…………
"It's also the biggest drag on cash flow."
Jiang Tiansheng sneered.
"President Lin, you can't have your cake and eat it too."
Silence fell over the office again.
Lin Luoqi took out a handkerchief to wipe his sweat, his eyes darting around.
This young master, born with a silver spoon in his mouth, has had a smooth life since childhood, but lacks real business acumen.
Three months ago, Jiang Tiansheng warned him of the risks of overexpansion, but he ignored him.
"If...if I sell Dehe..."
Lin Luoqi finally managed to speak.
...........
"How much is Mr. Jiang willing to offer?"
Jiang Tiansheng's eyes held a look of absolute certainty.
"The market valuation is 3800 million, but considering our relationship, it's 4000 million."
Lin Luoqi suddenly looked up.
"Only 4000 million? That piece of land alone is worth..."
"There are disputes over the land, and the bank is unwilling to mortgage it."
Jiang Tiansheng interrupted him.
"and…"
He looked at Lin Luoqi meaningfully.
"Now, besides me, who else dares to take over your business?"
Lin Luoqi slumped back in his chair.
"Okay...okay."
Lin Luoqi finally compromised.
"But Mr. Jiang has to promise me about the equity in Bestway Real Estate..."
"Holding a 49% stake just avoids the threshold for a full takeover."
Jiang Tiansheng had already planned everything.
"The remaining 8% of Zhao'an can be sold back to you with priority, of course..."
He smiled meaningfully.
Price to be discussed.
Lin Luoqi breathed a sigh of relief, then tensed up again.
"The employees of Nadehe..."
"I will make proper arrangements."
Jiang Tiansheng signaled the end of the conversation.
"President Lin, I've done you a huge favor this time."
Lin Luoqi quickly stood up and shook hands.
"We will always remember General Jiang's great kindness!"
After seeing Lin Luoqi off, Jiang Tiansheng pressed the inside button.
"Secretary Cheng, prepare the due diligence team from Dehe Real Estate, the fastest one possible."
The following morning, the Financial Daily broke the news on its front page: "Best Property faces hostile takeover, mysterious funds secretly accumulating shares."
Before 9:30 a.m., Best Inc.'s stock price surged from 0.9 yuan to 1.15 yuan.
In the Zhao'an Real Estate transaction room, Bai Jinyan stared at the constantly changing numbers and couldn't help but whistle.
"Mr. Jiang, our 8% has already yielded a floating profit of 200 million."
Jiang Tiansheng stood by the window, the sunlight gilding his sharply defined profile with a golden edge.