Chapter 143 Chapter 144 [Successful Acquisition of Wanhui Company]

Thursday, May 10

Eagle Properties and Manfield Properties were listed on the same day, but of course on different exchanges.

Li Wendi sat and watched the stock price changes on the blackboard with no expression on his face. He was paying attention to Wanhui Company, and there was no need to keep an eye on Eagle Properties because it was just an investment. Luo Yingshi was a business veteran and would not fail on the first day of listing.

In the first hour of trading, Wanhui Company's share price rose from 1 yuan to 1.2 yuan, a 20% increase, which was beyond Li Wendi's expectations. Wei Zuhui was indeed not a person who just sat there to do his job and was well prepared for the listing.

At this time, Li Wendi already held nearly 39% of Wanhui Company's shares. As long as he purchased another 3% to 4% of the shares, he could initiate an acquisition of Wanhui Company.

In his opinion, Wei Zuhui would not be his opponent. Whether in terms of assets owned or stock market operations, Wei Zuhui was not as good as him. This acquisition was easier than the previous two.

"Mr. Li, we have secretly acquired 34 shares of Wanhui Company in the first hour of the market opening, accounting for 1.36%. It has not been exposed yet." Wu Xiong reported beside him, "When the market opens in the afternoon, we can immediately launch an acquisition of Wanhui Company."

"Okay, buy another 70 shares and let Huoduoli Company announce the acquisition of Wanhui Company on my behalf." Li Wendi said coldly with no expression. Wei Zuhui had tricked him twice, and every time he tricked him, Wei Zuhui would suffer heavy losses, and it would be difficult for him to make a comeback in a few years.

When the market closed at noon, Li Wendi received a call from Wei Zuhui inviting him to lunch. He guessed that Wei Zuhui had found some clues and traced them back to him.

Restaurant private room

Li Wendi picked up some green vegetables, stuffed them into his mouth and chewed them for a few times, then smiled and asked Wei Zuhui, "Mr. Wei, if you have anything to say, just say it directly. There's no need to beat around the bush."

Wei Zuhui didn't look angry at all, his face was full of smiles, "Mr. Li, I heard that you bought a lot of Wanhui Company's stocks. I wonder if you are optimistic about Wanhui Company and want to invest in it? Or do you have other purposes?"

The tone was normal, but the words were full of condemnation.

Li Wendi wiped the corner of his mouth calmly, and took out a document from his briefcase with a smile, "How about Mr. Wei take a look at this first?"

Wei Zuhui's expression changed slightly, as if he had some expectation of the content of the document. After opening it and reading it, his expression changed instantly and became much uglier.

"Mr. Li, this is a blatant false accusation. When have I ever had any relationship with the Chen Fenben family and the Liu Xiangtian family? It's clear that they want to use you to deal with me."

In response to Wei Zuhui's sophistry, Li Wendi smiled, as if to say, "Do you think I believe you?"

Seeing this, Wei Zuhui stopped confusing people and adjusted his expression, sneering, "It seems that Mr. Li has asked someone to investigate me."

"Actually, I just wanted to get back the losses from the Wan Chai office building. Later, I thought I could clear my resentment. So when I learned that you were running a 3,000-foot real estate company, I chose to buy some shares, and then notified Liu Zhifei of the Liu Xiangtian family."

"If Mr. Li had shown some mercy on my son, I would have accepted the price of the Wan Chai office building. But you beat my son like that. As a father, I have to do something anyway."

"Mr. Wei, you are the father of your son, and I am someone else's son. Do you think I should just let your son go without saying a word? Is that reasonable?" Li Wendi said with a wicked smile, "If my mother didn't want me to do anything too much, do you think a single floor of a Wan Chai office building could buy me off?"

"Mr. Wei has done so much in there, he should know that more than 100 million is just a week's stock market profit for me."

"I originally wanted to find someone to 'say' to your whole family, but then I thought about it and felt that the matter was not that serious. The matter at the mall should be settled at the mall. There is no need to involve other people. Otherwise, Mr. Wei will not have the chance to sit here and have dinner with me."

Wei Zuhui sighed and said with a wry smile, "Does that mean Mr. Li is determined to take over Wanhui Company to teach me a lesson?"

"If I were Wei Sheng, I would admit defeat, take some money home to live on in my old age, or start some other business." Li Wendi said, "Wei Sheng has been investigating me for so long, he should know my way of doing things. I think Wei Sheng has no chance. In terms of net worth, Wei Sheng should not be able to beat me, and I am still young, making a comeback is just a piece of cake. But Wei Sheng, you are different, your son Wei Jiyuan is not an easy person to deal with."

Wei Zuhui heaved a long sigh, as if admitting defeat, "Mr. Li, do you mean that as long as I let go of Wanhui Company, all our previous grudges will be written off?"

"Of course, as long as Mr. Wei behaves himself and stops causing trouble, I won't do anything. If Mr. Wei feels dissatisfied afterwards, or sees that I'm bankrupt and wants to add insult to injury, I'll accompany him to the end." Li Wendi said with a chuckle, his tone full of dominance. "Forget it, I'm old and don't want to bother with it anymore." Wei Zuhui waved his hand, "I've avenged my son's beating, but as for losing Wanhui Company, it was entirely because I was not as skilled as others, and I won't retaliate."

"Let's discuss the stocks I have. I think Mr. Li should leave some money for my retirement."

"Don't worry, Mr. Wei. I'm just venting my anger. I will still give you the dignity you deserve. After all, I don't want you to think about me every day." Li Wendi smiled, "Mr. Wei, please tell me the conditions first."

"I guess it's impossible for Mr. Li to take over the stocks I have. I wonder if Mr. Li wants to find someone to take over or let me sell them on the stock market?" Wei Zuhui stared at Li Wendi and asked.

Li Wendi thought for a moment and said, "I plan to raise the stock price so that Mr. Wei can take the opportunity to sell the shares. What price do you think is appropriate?"

Li Wendi already holds 41% of the shares of Wanhui Company, while Wei Zuhui holds 40%. Li Wendi cannot take both of them. As for finding someone to take over, Li Wendi does not have a suitable candidate. Recruiting an unfamiliar person to take over will undoubtedly create new troubles for himself.

So the only option left is to sell off the stock market.

"How about 2 yuan?" Wei Zuhui answered after careful consideration. He felt that the price was too high and Li Wendi would definitely not agree.

"Okay, I'll give Mr. Wei 2.2 yuan. If there's a price difference, I'll make it up to you. The extra money will be considered a profit for Mr. Wei." Li Wendi said confidently. This concession was just the hope that Wei Zuhui would stop causing trouble.

"Thank you, Mr. Li." Wei Zuhui said with a grim expression. It was strange that it was Li Wendi who took over the company, but he still wanted him to say thank you.

"Okay, I will have someone announce the acquisition news. When the stock price rises to 2.2 yuan, Mr. Wei can sell the stocks according to my instructions. I hope Mr. Wei will stop being so shaky and sell more." Li Wendi warned Wei Zuhui.

"Don't worry, I won't go against money."

After they finished lunch, they left.

Wei Zuhui stopped and looked at Li Wendi's receding back, then sighed, "I was too greedy. If I hadn't listed Wanhui Company so early, I wouldn't have suffered such a huge setback because of Li Wendi."

At 41.6:250 p.m., Huoduoli Company, on behalf of Xingguang Real Estate Company Limited, officially announced the news of "acquisition of Wanhui Company Limited". At the same time, it announced that Xingguang Real Estate Company Limited already held % of the shares of Wanhui Company, becoming the largest shareholder of Wanhui Company, and would acquire another million shares.

At the same time, Wei Zuhui, on behalf of Wanhui Company, stated that he rejected the acquisition by Xingguang Real Estate Company and announced that he had raised a large amount of funds and was preparing to increase his stake to 48%. He currently holds 40%.

As a result, investors began to scramble for Wanhui Company's shares. By 2 o'clock, the stock price had soared to 1.8 yuan, with a good upward trend.

Li Wendi ordered Wu Xiong to add fuel to the fire and announce to the public that he had raised another 1000 million yuan to deal with unexpected situations.

As soon as the news came out, the stock price once again saw a sharp increase, directly from 1.8 yuan to 2.3 yuan.

Li Wendi immediately called Wei Zuhui and asked him to use multiple accounts to sell 100 million shares, and he would ask someone to take over.

As long as the first wave of scattered shares is bought up, investors will think that with the support of big investors, the stock price will not fall easily.

As Li Wendi expected, shareholders began to scramble for individual shares, and even he did not buy too many stocks.

With the cooperation of Li Wendi and Wei Zuhui, Wei Zuhui successfully sold 40% of the shares. Li Wendi purchased 8% of them and successfully increased his shares to 49.2%, becoming the largest shareholder of Wanhui Company and its new boss.

When Li Wendi had Huoduoli Company announce the completion of the acquisition, shareholders were disappointed and wanted to sell their stocks. Fortunately, Li Wendi was well prepared and took the opportunity to announce that Wanhui Company would buy the Central Kanghe Building and a large number of properties in Causeway Bay from Starlight Real Estate Company to increase the company's asset value.

This gave investors new hope. Li Wendi then sent his online army to spread his glorious deeds in the Kowloon Stock Exchange, making investors willing to temporarily believe in Li Wendi.

(End of this chapter)