Chapter 862 Reciprocity of courtesy

On August 26, 2008, when Lam Feng and Qiu Teck Puat held a press conference in Singapore, they announced that Lam Feng would acquire 14.99% of the shares of Standard Chartered Bank from Qiu Teck Puat at a price of HK$113 per share and a total capital of US$2.718 billion.

At that time, all the reporters present were extremely shocked.

In recent times, the 14.99% stake in Standard Chartered Bank held by Khoo Teck Puat has been attracting attention from all walks of life. Citigroup, Lloyds Bank, Goldman Sachs Investment Bank, Temasek Holdings and other investment groups are all eyeing the shares of Standard Chartered Bank held by Khoo Teck Puat.

, this has also caused many media to speculate on who will end up with the 14.99% of Standard Chartered Bank shares in Qiu Deba's hands. After all, Qiu Deba is 86 years old and in poor health, and he has many descendants, and he is the son of two wives.

student, and has no intention of holding shares in Standard Chartered Bank. Therefore, the best way to deal with the shares in Standard Chartered Bank held by Qiu Deba is undoubtedly to sell them.

But no one thought that Qiu Deba would actually transfer 14.99% of his shares to Lin Feng, the world's richest man from China who suddenly appeared out of nowhere. You know, although Lin Feng has many companies, they are all

In the three industries of IT, entertainment, and sports, not to mention the financial industry, there is not even a traditional industrial company. But just like this, Lam Feng actually acquired 14.99% of Standard Chartered Bank shares from Qiu Deba. This is really shocking.

People were shocked.

What is even more shocking is that Qiu Deba actually sold it at the market price. You must know that external assessments indicate that the 14.99% shares held by Qiu Deba, under the rush of many groups, will at least exceed the market price of 30%. Who knows?

Unexpectedly, Qiu Teck Puat would sell it at the original price.

The whole world was in an uproar! This acquisition was beyond everyone's expectations and shocking. Especially the many groups that had previously been determined to win, they were even more shocked and could not believe this fact.

What, Qiu Deba sold the shares of Standard Chartered Bank to Lin Feng at the original price? Is he not crazy? - Prince, the president of Citigroup, was shocked and speechless when he heard the news. This is really incomprehensible, Lin Feng

How could Feng acquire shares in a bank? This was completely incompatible with his main business. What was even more incomprehensible to Prince was how Qiu Deba could agree to sell his shares of Standard Chartered Bank to Lam Feng at the market price.

, this is really incredible.

Prince, the president of Citigroup, didn’t understand it, and the British bank Lloyds Bank didn’t understand it either. At that time (1986), Lloyds Bank wanted to acquire Standard Chartered Bank, but it failed because of the actions of Qiu Deba, Pao Yugang and Robert Home.

Returning with hatred. This time, Qiu Deba was ill and at an age when he knew his destiny. Moreover, his descendants were not interested in holding shares in Standard Chartered Bank. So Lloyds Bank once again considered acquiring Standard Chartered Bank and began to actively contact Qiu Deba.

Deba even offered a price that was 30% higher than the market price, but it never received a positive response from Qiu Deba.

Unexpectedly, just when Lloyds Bank was about to meet with Qiu Teck Pu again, news came out that Lam Feng had acquired 14.99% of Standard Chartered Bank shares in Qiu Teck Pu's hands. Lloyds Bank was dumbfounded on the spot. Qiu Teck Pu's 14.99%

% of the bank's shares, in the hands of others, Lloyds Bank still hopes to obtain it through negotiation or other means. But in the hands of Lin Feng, it is a truth that has not been spoken out. As one of the largest banks in the UK, Lloyds Bank naturally also has Lin Feng's hands.

Feng’s information. After all, it’s uncertain when Lin Feng, the world’s richest man, will seek financing from Lloyds Bank. Therefore, Lloyds Bank has already done some investigation and evaluation of Lin Feng, and it can be said that it knows a lot about him.

To put it bluntly, Lin Feng never spit out the things he acquired. Of course, the only time he spit it out was when he acquired the "aquantive" company for US$180 million and sold it to Microsoft for US$2.75 billion.

He made a total of 2.57 billion US dollars in one year. In addition, there is no precedent for spitting out anything that Lin Feng acquired. Lloyds Bank wants to acquire the 14.99% of Standard Chartered Bank shares it just acquired from Lin Feng. According to

The investment department of Lloyds Bank analyzed that in order to seduce Lin Feng, the purchase price must be at least 300 Hong Kong dollars per share before Lin Feng would consider it. And at 300 Hong Kong dollars per share, this acquisition price is far beyond the reach of Lloyds Bank.

.

What's more, Lam Feng is not short of money at all. Even after acquiring the 14.99% stake in Standard Chartered Bank, Lam Feng still has US$3.85 billion in cash. What's more, Lam Feng's completely private gaming company "Second Game" still has $3.85 billion in cash on its account.

With more than 5 billion US dollars in cash, if Lin Feng is short of money, he can allocate funds from the "Second Game". In short, Lin Feng is not short of money. For such a person who is not short of money, I want him to spit out something

Come on, it’s hard!

Compared to Citigroup and Lloyds Banking Group, which were puzzled by Lam Fung's acquisition of Standard Chartered Bank from Chiu Teck Puat, Goldman Sachs Investment Bank was undoubtedly more vigilant. Abby Cohen, the chief financial analyst of Goldman Sachs Investment Bank, was poached by Lam Fung and became a private investment consultant.

.And according to the information obtained by some senior executives of Goldman Sachs investment bank when they occasionally chatted with Abby Cohen, Lin Feng has great ambitions. Is this acquisition of 14.99% of Standard Chartered Bank shares really just an investment?

Although two-thirds of Standard Chartered Bank's business is in Asia, Lin Feng becoming the largest shareholder of Standard Chartered Bank will be of great benefit to the expansion of its companies in Southeast Asia, and it will have more convenience and speed in financing. However,

Is this really the only purpose of Lin Feng?

Goldman Sachs Investment Bank is skeptical about this. Because Lin Feng is definitely not simple! He suddenly crossed from the IT-entertainment-sports industry to the financial industry. If there was only such a small motive, Goldman Sachs Investment Bank would instinctively not believe it. But now there is no evidence to prove it.

Their doubts and feelings can only be left to wait and see for now.

Compared to the reluctance of Citigroup and Lloyds Bank and the uneasiness of Goldman Sachs Investment Bank, the Board of Directors of Standard Chartered Bank immediately sent a congratulatory message to Lam Feng after Lam Feng acquired 14.99% of the shares of Standard Chartered Bank from Qiu Teck Puat, congratulating Lam Feng on becoming Standard Chartered Bank.

The largest shareholder of the bank, and said that he would invite Lin Feng to attend the company's board of directors on September 1, and promised in the fax that Lin Feng would be given the position of executive director.

Regarding Standard Chartered Bank's statement, Lin Feng knew that it was trying to show favor to him. After all, because Qiu Deba was ill and his descendants were not interested in holding shares of Standard Chartered Bank, banking giants from various countries were eyeing Standard Chartered Bank.

, wants to acquire Standard Chartered Bank to merge its Asian business. This makes Standard Chartered Bank extremely panic. Once Qiu Deba's shares are acquired by other banks, it will inevitably trigger a new round of mergers and acquisitions war. Who will win by then?

have no idea.

Now that Lin Feng, who has never been involved in the financial industry, has acquired 14.99% of Qiu Teck Pu's shares, it is definitely the best news for Standard Chartered Bank. In the view of the Board of Directors of Standard Chartered Bank, Lam Feng's acquisition of Qiu Teck Pu's shares in Standard Chartered Bank

This is to facilitate the expansion of his companies in Southeast Asia in the future. Standard Chartered Bank naturally welcomes this, and if Lin Feng, the world's richest man, can become the largest shareholder of Standard Chartered Bank, he will be given the position of executive director and a less important position.

If you hold a position, you can stabilize Standard Chartered Bank, which is really the most cost-effective thing.

Therefore, Standard Chartered Bank immediately sent a congratulatory message to Lin Feng.

"Boss, what are you going to do?" Abby Cohen looked at the congratulatory message from Standard Chartered Bank in her hand, secretly amused. I'm afraid Standard Chartered Bank doesn't know at this time that Lin Feng already holds 19.98% of Standard Chartered Bank's shares.

Counting the 1.71% shares that will be transferred to Lam Feng from Qiu Tak-ba, Lam Feng already owns 21.69% of the shares. Also counting the shares in the hands of Bao Peili and Robert Home, I am afraid that the Board of Directors of Standard Chartered Bank will never issue any more shares.

Here’s this congratulatory message.

"Well, I'm going to attend the Standard Chartered Bank board meeting on time on September 1st!" Lin Feng smiled.

"Mrs. Bao, I will attend the Board of Directors of Standard Chartered Bank on September 1st. Are you interested in going to observe it too?" Lin Feng immediately called Bao Peili.

"Thank you, Director Lin, I will definitely attend on time!" Bao Peili couldn't help but feel happy when she heard this, and immediately agreed. When Bao Peili's father, Bao Yugang, was critically ill, he was held hostage by the board of directors of Standard Chartered Bank and forced to

She had no choice but to sign an unequal treaty, and the 14.5% of Standard Chartered Bank she held was not allowed to be sold to outsiders. This made Bao Peili always angry and thinking about venting her bad temper for her father. This time, Lin Feng asked her to join the board of directors of Standard Chartered Bank.

Best opportunity.

Bao Peili can imagine how the British directors of Standard Chartered Bank will react when they hear that Lin Feng already holds 43.7% of the shares and has absolute say. Bao Peili is very much looking forward to this. Of course, she also

I am very grateful to Lam Feng for giving him the opportunity to witness with his own eyes the failure of the directors of Standard Chartered Bank.

"By the way, Director Lin, how do you respond to the expectations of domestic home buyers?" Bao Peili reminded.

Abby Cohen also reminded Lin Feng. According to data, Lin Feng's silence has begun to affect the domestic market share of his "Second World" and "Phantom Technology". It is simple. Although these home buyers have personal influence

are limited, but together they can create a pressure of public opinion that no one can ignore. For those real estate developers, no matter how strong the pressure of public opinion is, it cannot crush them. After all, the reason for the high housing prices is that the land prices are high.

The reason why land prices are high is that the local municipal government sells it high. The reason why the local government sells it high is that the country needs development.

It can be said that real estate developers simply ignore the appeals of these home buyers. But Lin Feng is different. Lin Feng has been silent during this period. These home buyers have joined forces to build momentum online and have begun to influence the "Second World" and "Phantom"

"Technology" customer base. In particular, many home buyers themselves are customers of "Second World" and "Phantom Technology".

Lin Feng pondered for a while. He decided to wait until he completely acquired Standard Chartered Bank. Now, Lin Feng was looking forward to September 1st to see what the British representatives of Standard Chartered Bank would look like. At that time, the British used opium and artillery to bombard them.

After opening the door to China, Lin Feng will now use money to open the door to Britain.
Chapter completed!