MTL - Reborn Capital Tycoon-Chapter 188 Asia Telecom

  Chapter 188 Asia Telecom Company

   Mid-February

   Half a month is gone in a blink of an eye.

  What Chen Yi didn't expect was that the first to bring the good news was the Dadong Telegraph Bureau who had been procrastinating.

  A strong woman does things, and she really doesn't mess around at all.

  The high efficiency left Chen Yi speechless

After the two parties met at the Peninsula Hotel last time, Ms. Hailu flew to London in person, and took advantage of the opportunity of the Dadong Telegraph Bureau to hold a board meeting, and personally persuaded the current chairman of the Dadong Telegraph Bureau and more than half of the directors, and directly approved Chen Yi proposal.

   Originally, the Dadong Telegraph Bureau was already ready to sell some assets in Asia, so this matter went smoothly unexpectedly.

  Because the acquisition was led by HSBC, Boss Chen didn't need to worry about other things at all, just pay for it.

  However, what Chen Yi didn't expect was that the amount of money invested this time was not as much as expected.

  The newly established Asian telecommunications company mainly focuses its business in Southeast Asia. Outside Southeast Asia, Dadong Telegraph has less business. As for the asset business in India, Dadong Telegraph has no intention of selling.

The shareholding ratio of the new company is 70% for Chen Yi himself, 30% for Dadong Telegraph and 70% for the new company. Chen Yi only spent 300 million Hong Kong dollars to accept Managed all assets and businesses of Dadong Telegraph and Telegraph in Southeast Asia.

  Of course, in addition to the purchase price of 300 million Hong Kong dollars, Chen Yi will have to inject 100 million Hong Kong dollars into the new company in the next three years.

  In total, Chen Yi spent nearly 400 million Hong Kong dollars.

   This amount of money is neither too much nor too little, but overall, he still took advantage of it.

  Different from Xiangjiang Telephone Company, Dadong Telegraph and Telegraph's other subsidiaries in Asia are mostly listed companies.

   No matter how powerful Xiangjiang is, it is only a city, and other regions are different. Southeast Asian countries are not economically developed, but they are not worth the number of families.

  So, going public to collect money is a very normal thing.

   This is a tactic that foreign capital has played badly a long time ago. Using local people’s money to generate money, this tactic has been tried and tested, and the most speechless thing is that it is always beneficial.

   Fortunately, the performance report of Dadong Telegraph and Telegraph in Asia has not been very good, so the stocks of each subsidiary are not tepid.

   And this time, it happened to meet the oil crisis.

  The global economic crisis triggered by the oil crisis has hit a wide range of areas. European and American stock markets are in mourning, and Asia has not escaped its fate.

Although other places are not as crazy as the Hong Kong stock market plummeting by 80 to 90%, there are not a few who have fallen by more than 50%. Because of the global economic crisis triggered by the oil crisis, the Dadong Telegraph Bureau has shrunk its assets in Asia as a whole. double.

In other words, assets originally worth more than a billion Hong Kong dollars were left with only a few hundred million Hong Kong dollars. In addition, the Dadong Telegraph Bureau was also in financial difficulties because of the oil crisis, so Chen Yi could easily pick it up this time. Big deal.

   You know, in the previous life, the son of Li Chaoren borrowed nearly 100 billion Hong Kong dollars in order to acquire Hongkong Telephone Company, and finally pushed it to a market value of more than 500 billion Hong Kong dollars.

  Although the market value of 500 billion plummeted to less than 100 billion after the dot-com bubble burst, the return rate is very impressive compared to the current acquisition.

   "Why are there so many reporters here?"

  At the entrance of Xiangjiang Telephone Company, Ms. Hailu led a group of high-level officials downstairs, quietly waiting for Boss Chen to appear.

  In addition to the high-level executives of Xiangjiang Telephone Company, many newspaper reporters gathered at the door. The news that Xiangjiang Telephone Company changed hands in the past two days has been gradually spread.

  So, after receiving the news from Xiangjiang Telephone Company, many newspaper offices rushed to hear the news.

   During this period of time, many companies went bankrupt, and changing hands and owners has become commonplace.

The change of owner of Heung Kong Telephone Company can attract so many reporters. The main reason is the influence and strength of Heung Kong Telephone Company. status, and its influence cannot be ignored.

   Therefore, many people want to know who the new owner of Xiangjiang Telephone Company is, and who took down this old foreign firm without making a sound.

   "Oh my God, my eyesight is blurry, aren't I?"

   "This team looks so familiar..."

   "It's really Chen Sheng's team!"

   "Hurry up, hurry up, hurry up..."

  As Boss Chen's convoy appeared, nearly a hundred reporters gathered at the door lost their composure for an instant. With long guns and short cannons in their hands, they rushed towards the unstoppable convoy.

  The senior executives of Xiangjiang Telephone Company were directly blocked by these reporters and couldn't squeeze in at all.

  However, this situation was quickly resolved by the bodyguard who got off the car.

   Seeing so many reporters outside the car, Chen Yi didn't get out of the car. Instead, under the **** of bodyguards, he waited until the convoy stopped at the gate of Xiangjiang Telephone Company before getting out of the car, ignoring the greetings of any reporter.

   After entering the headquarters building of Xiangjiang Telephone Company, Chen Yicai asked Ms. Hailu beside him, "What's going on? Why are there so many reporters outside? Did you invite them?"

  Seeing that Chen Yi was a little unhappy, Ms. Hailu quickly explained: "I don't know where these reporters came from. We didn't invite reporters to come here. They should come here after they found out the news."

  Thinking of the group of reporters outside, he shook his head speechlessly. After today, he might not be able to keep a low profile no matter how low-key he is.

   "In a while, you will have someone contact the major newspapers in Xiangjiang, hold a press conference directly, and announce the news!"

  Ms. Hailu: "Boss, are you participating?"

  Chen Yi thought for a while, then shook his head and said, "You are the president of the company, so you can preside over it. I have other things to do. After attending the company meeting and appointing you as president, I have to leave."

  Originally, Chen Yi wanted to continue to keep a low profile. The newly established Asia Telecom Company with Dadong Telegraph and Telegraph Bureau did not hold a press conference, but simply issued an announcement within Xiangjiang Telephone Company.

  Xiangjiang Telephone Company was directly responsible for the business of Xiangjiang and Dadong Telegraph in Asia before, so the newly established Asia Telecom only changed the brand name of Xiangjiang Telephone Company, and there were not much other changes.

  The new official takes office three fires, and the main purpose of Chen Yi's coming this time is to give Ms. Hailu a platform, so that the other party has enough confidence to attack her below.

   In a short period of time, Chen Yi doesn't expect Asia Telecom to make money for him, as long as he can stop losing money.

  Nowadays, civil wireless communication technology is not very mature, like the mobile phones that everyone has heard of, it took until the early 1980s to really enter people's field of vision.

  So, he has a lot of time to let the other party toss, as long as the company is not collapsed, if the reform is really successful, then he has earned a useful talent.

  ——

  (end of this chapter)