When he arrived on the Kowloon Resort, Xia Yu met the heads of the 2 newspapers, Nanyang Industrial Each day and Sin Chew Each day. After attending to know them, he first welcomed them and calmed their feelings. In spite of everything, they have been simply the heads of their respective newspapers. Shares are the choice of their respective bosses.
Presumably they have been additionally uneasy presently, and Xia Yu naturally needed to settle down, in order to not trigger them to resign later, that will trigger him bother.
Later, Xia Yu requested Yan Wenhan to take cost. Any further, Nanyang Industrial Each day and Sin Chew Each day have been newspapers owned by Jiuding Information, and it ought to be the overall supervisor of Yan Wenhan who ought to straight handle them.
Within the subsequent few days, excellent news got here from HSBC. It has acquired shares within the arms of 9 different shareholders, totalling 31.9% of the shares, which is extraordinarily environment friendly.
A complete of 31.9% of the fairness can also be resold to Jiuding Newspaper Firm of HK$3.9 million, which is equal to a 20% premium.
As for the way a lot HSBC acquired and the way a lot cash it made, Xia Yu cannot management it.
However, Jiuding Securities additionally acted fairly shortly. In just a few days, the shares scattered on the inventory market have been acquired to 21%.
Subsequently, Jiuding Newspaper already owns 84.9% of the fairness, and Xia Yu doesn’t plan to slowly purchase from the inventory market, as a result of there are solely 15.1% of the shares circulating available in the market. The less shares, the extra delicate the worth. The inventory worth will certainly rise at the moment.
Subsequently, Xia Yu didn’t hesitate, and straight concentrated all of the fairness within the arms of Jiuding Newspaper Firm, after which introduced the completion of absolute management, and on the identical time instantly utilized to the change for delisting and privatization.
With such a excessive fairness ratio, there was no shock. The change straight permitted Jiuding Newspaper’s utility, and the South China Morning Publish was suspended on the identical day.
The information was unfold out naturally, and the newspapers have been in an uproar right away.
The South China Morning Publish, the primary promoting English-language newspaper, has been managed by Jiuding Newspaper Firm, and it’s being privatized!
Different colleagues, whether or not it’s Ming Pao, Cheng Pao, Hong Kong Financial Journal, and many others., expressed their shock.
And probably the most uncomfortable was Hu Xian of Sing Tao Information Company.
Within the space of Chinese language newspapers, Jiuding Information Firm was overwhelmed with breath, and needed to take dangers and spend enormous sums of cash to construct Sing Tao Information Company with a purpose to make a breakthrough.
Nevertheless, the Sing Tao Information Company had not but been established, Jiuding Newspaper Firm took management of the South China Morning Publish, and privatization was about to be accomplished quickly, and its personal “English Customary” was overwhelmed by Jiuding Newspaper Firm.
The information made Hu Xian look ugly to loss of life.
Nevertheless, the extra uncomfortable is but to come back.
Evidently to affix within the enjoyable, I don’t know who revealed to the media that Jiuding Information has spent 12 million Hong Kong {dollars} to amass the Malaysian newspaper Nanyang Industrial Each day, 11 million Hong Kong {dollars} to amass Sin Chew Each day, 2.2 million Hong Kong {dollars} to amass Hong Kong mainland The newspaper “On a regular basis Each day”.
A sequence of those items of stories have been exploded, and all of the individuals who adopted the incident have been dizzy and even numb.
Pan Yuesheng, deputy editor-in-chief of Ming Pao, which is chargeable for the administration and operation of the newspaper, instantly reported the matter to Jin Yong. At the moment, the 2 have been silent within the workplace.
It took a very long time earlier than Pan Yuesheng sighed weakly: “Tsk, 4 newspapers, now it may be decided that they’ve spent 25.2 million Hong Kong {dollars}. The South China Morning Publish will value at the least 11 million Hong Kong {dollars}. The acquisition value at the least 36 million Hong Kong {dollars}.”
“Jiuding Newspaper Firm is invincible, and Xia Yu is admittedly beneficiant. In your complete newspaper trade, he’s the one one who has such an incredible ability and skill.”
Jin Yong additionally helped his glasses, shook his head and sighed: “Certainly, 36 million Hong Kong {dollars}, your complete newspaper trade can solely be taken out by him. Jiuding Newspaper Firm has been alone in searching for defeat, and now it’s estimated to be lonely as snow. The youthful era is superior! The youthful era is superior!”
“Yuesheng, in contrast with Xia Yu, we’ve got lived as a canine for a very long time.”
Jin Yong stated to Pan Yuesheng with a smile, and Pan Yuesheng shook his head with a wry smile.
“Lao Cha, Xia Yu is so highly effective. It isn’t us, however the newspaper queen who’s most affected. It’s estimated that she is totally dumbfounded now. She has labored arduous to construct the Sing Tao Information Company and need to battle towards Jiuding Newspaper Firm. Now that it hasn’t been constructed, it is going to face the encirclement and suppression of Jiuding Newspaper Firm.”
“In Hong Kong, Macao and Taiwan, enterprise and financial information has been suppressed by the “Jiuding Each day”, and the fields of politics, economic system and other people’s livelihood are dealing with the affect of the “Fengyun Each day”. Now there’s one other grassroots leisure and other people’s livelihood “Tiantian Each day”. Jiuding Newspaper Firm’s highly effective acquisition, modifying and distribution system will certainly enhance its gross sales.”
“In Southeast Asia, Sing Tao Each day will face the stress of Jiuding Each day and Fengyun Each day. Now there are extra Nanyang Industrial Each day and Sing Chew Each day to pursue it collectively.”
“Lastly, within the subject of English newspapers, the South China Morning Publish is a monetary newspaper, which initially dominates the “English Customary”. Now which enterprise and monetary information is best than the “Jiuding Each day”? After the work of Jiuding Information After the combination of assets, gross sales will certainly explode.”
“Presumably the newspaper queen is already loopy presently.”
After the evaluation, Pan Yuesheng stated in a blended temper. He did not know whether or not he ought to gloat or sympathize with Hu Xian. Everybody could be loopy about this matter.
Pan Yuesheng actually guessed Xia Yu’s intentions. Though a big a part of this sequence of acquisition plans is to permit Jiuding Newspaper to strengthen and develop by leaps and bounds, the opposite intention is certainly to encircle the island. Information Corp.
Xia Yu wouldn’t preserve her arms as a result of Hu Xian was a girl. The mall was like a battlefield, and sympathizing together with his opponent was extraordinarily silly.
Since Hu Xian has made it clear that he desires to construct a information company to compete with Jiuding Information, Xia Yu should counter in a well timed method. After all, it’s inconceivable to attend till Sing Tao Information Company is constructed earlier than responding. He has to carry the initiative in his arms and launch an offensive upfront to disrupt the star. Island Information Company’s deliberate deployment, after which revenue from it.
This time, Xia Yu’s embarrassed handwriting was to knock down Sing Tao Information Group with a stick, extinguishing Hu Xian’s ambition, and consolidating the monopoly of Jiuding Newspaper Firm.
Sadly, the plan remains to be not excellent. The 4 main newspapers have been uncovered earlier than the combination and revision have been accomplished. In any other case, the 4 main newspapers have been digested for a time period, and once they all broke out, the publicity could be the determined time of Sing Tao Information Group. .
Now the publicity is simply enormous, however Sing Tao Information Group has not been hit by the actual deal.
However there isn’t any manner. To denationalise a listed firm, there isn’t any method to conceal the information.
…
“By the way in which, Lao Cha, Hu Xian had been in search of us earlier than, attempting to tug us to her unbuilt Sing Tao Information Company. Jiuding Information Company has been contacting us. We have now been obscure earlier than and don’t need to stand in line. Now it appears that evidently the time to face in line.”
Considering of what had been evasive earlier than, Pan Yuesheng’s coronary heart moved and stated to Jin Yong.
Jin Yong frowned, then slowly unfolded, and stated with some emotion: “Certainly, now could be the final likelihood to face within the crew. Hu Xian has no likelihood of profitable, in any other case it will likely be too late when the end result is set.”
“Then conform to the cooperation of Jiuding Information Company.”
“Okay, I am going to contact them later.” Pan Yuesheng nodded in response.
Main newspapers equivalent to Ming Pao and Hong Kong Financial Journal have all the time shied away from cooperating with Jiuding Information Company and Sing Tao Information Company. Within the closing evaluation, all of them hope that Sing Tao Information Group will elevate the desk and cooperate with Jiuding Information Company. The corporate is in battle, they usually search for alternatives to develop and develop.
However the present state of affairs woke up them. They fully misplaced confidence in Sing Tao Information Company, and extinguished the one hint of their want to compete with Jiuding Newspaper Firm They fully acknowledged the hegemon of Jiuding Information Firm. standing.
Sing Tao Information Company is so highly effective that they’ve been suppressed on this manner. Their “Ming Pao” has small legs and arms. As a way to keep away from being focused by Jiuding Information Company like Sing Tao Information Company, they nonetheless stand on Jiuding Information Company whereas sustaining their independence. Take a stand.
At the very least standing within the crew now could be the final likelihood, and you can too actively select. In case you wait till the victory has been divided, then you’ll be compelled to face within the crew, and the hole will be enormous.
Though they themselves can even be impacted, the affect is small in spite of everything. At most, they might bear the affect from the native “Tian Tian Each day” sooner or later. When there isn’t any chance to withstand, they’ll solely select to simply accept their destiny and reduce the loss.
This ostrich psychology just isn’t solely owned by Ming Pao, but in addition by different main newspapers.
This time, they have been lastly like Jin Yong and Pan Yuesheng, planning to fully bow their heads.
At this second, the state of affairs is extraordinarily unfavorable to Sing Tao Information Group! I need to discuss “Rebirth: The Most Highly effective Hero” with extra like-minded folks, observe the “scorching net article or” on WeChat to speak about favourite books with extra e-book pals