Chapter 230： "Sin Chew Daily" is here (2/2)
After leaving HSBC, Xia Yu immediately returned to Jiuding Newspaper Company, informed Yan Wenhan, who had been waiting for a long time, about the situation of the talks, and then after explaining the matters needing attention in the negotiation, he let Yan Wenhan go to HSBC.
And Xia Yu did not stay long and drove to Jiuding Securities Company. He needed to arrange for someone to buy shares in the South China Morning Post on the stock market.
After coming to Jiuding Securities, amidst the greetings from the employees, Xia Yu found Wang Qi who was analyzing the stock market at the Securities Research Center.
”Boss, you are here!”
Wang Qi talked to the people inside, and hurried to Xia Yu and said respectfully.
Xia Yu nodded lightly, and then went straight to the subject: ”Give you a task to buy the shares of the South China Morning Post in the stock market, and then transfer it to Jiuding Newspaper Company. How much money has been spent, Yan Wenhan will call you over. .”
”Ok!”
Wang Qi immediately responded.
After receiving Xia Yu's order, Wang Qi immediately took action.
As for Yan Wenhan, who went to HSBC for negotiations, since the cooperation intention has been set and Xia Yu's order has been obtained, the price can be relaxed and he will directly open a 20% premium to purchase HSBC's stock.
And Shen Bi also valued the relationship with Xia Yu more, so he also said something to his subordinates, which led to the negotiation in the afternoon that was almost peaceful. He agreed to a 20% premium and 32% of the stock was valued at 3.9 million Hong Kong dollars.
The promised loan of 20 million Hong Kong dollars was also released immediately after the negotiation, and HSBC quickly arranged for someone to purchase shares in the hands of other shareholders.
Except for the acquisition of South China Morning Post on the right track, Yan Wenhan did not take a break that night, but completed the acquisition of Tiantian Daily.
After the acquisition of ”Tian Tian Daily”, Yan Wenhan directly arranged the rectification and takeover of the matter to a subordinate, because he would fly to Singapore the next day to negotiate the acquisition of ”Sin Chew Daily”.
Three days later, Yan Wenhan returned to the company vigorously. After seeing Xia Yu, the smile on his face couldn't hide.
”Boss, I'm back!”
Yan Wenhan said with a smile.
”Good job! Thank you for your hard work!”
Xia Yu patted Yan Wenhan's hand and said with appreciation, Yan Wenhan's smile became brighter.
”Come on, sit down, and tell me the details.”
”Okay, boss, this is the situation...”
After sitting down, Yan Wenhan began to talk, and couldn't help but burst into laughter.
Xia Yu nodded repeatedly, the admiration on his face undisguised.
Although Yan Wenhan had told the general situation on the phone, Xia Yu had a deeper understanding after listening to Yan Wenhan's specific details.
Yan Wenhan did live up to his high expectations~ After taking over the Nanyang Business Daily, Yan Wenhan quickly invested in the acquisition of Sin Chew Daily.
After a series of fierce confrontations, the wholly-owned acquisition of ”Sin Chew Daily” was finally completed at a total cost of 11 million Hong Kong dollars.
”By the way, boss, the editor-in-chief and president of Nanyang Business Daily and Sin Chew Daily have followed me to Xiangjiang. Now I have been arranged to the Kowloon Hotel. When will you have time to meet them?”
After speaking, Yan Wenhan calmed down a bit, thought of the people who followed him, and then asked Xia Yu.
”It just so happens that I have time now, go and see them.”
Xia Yu raised his brows and stood up after speaking.
”Okay, you come with me!”
After speaking, Yan Wenhan took Xia Yu to the Kowloon Hotel.