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Chapter 399

The Kessek family had obvious defeat, so the next day, the Kessek family made a desperate bet, raising the purchase price of Milk International to HK$9.6 per share, and the purchase price of Mandarin Oriental to HK$8.8 per share, trying to scare Yuantu investment with a price 60% higher than yesterday's closing price.

These two prices are equivalent to twice the price of Yuantu Investment’s tender offer. If Yuantu Investment follows up, it will cost at least HK$600 million to reach the 50% controlling stake; if it does not follow, once the Kessek family first obtains 50% of the controlling stake, all previous efforts will be wasted.

Yuantu Investment Headquarters.

Wei Zhuosi turned off the TV and turned around and asked Lu Renhe: "Boss, why did Mr. Fu insist on purchasing Milk International and Wenhua Oriental? Isn't it good to focus our energy on the ground? I remember a Chinese saying that if you want to chew too much, don't end up in vain."

Lu Renhe said helplessly: "I advised Mr. Fu, but he is bound to win Milk International and Wenhua East. What can I do?"

Wei Zhuosi sighed and said, "Milk International and Wenhua Oriental are indeed high-quality assets. It is logical to take advantage of the stock market crash to buy at the bottom, but our goal is Land... Forget it, now that things have come to this, we can only face the challenge."

Lu Renhe pinched his forehead in embarrassment and smiled bitterly: "But the price offered by the Keserk family is really a bit high, it makes us feel uncomfortable. Where did he get so much money?"

Wei Zhuosi snorted: "The opium dealers more than a hundred years ago always had some unknown assets. In addition, don't forget HSBC. Compared with Shen Bi, the senior leader, only talks about the different interests. The newly appointed senior leader, Pu Weishi, is a nationalist."

Lu Renhe said: "It seems that it's time for Liu Luanxiong to move. He can't just watch the show and try to get benefits without exerting efforts."

Wei Zhuosi said: "There is little influence on the Kessek family. They clearly want to protect Milk International and Wenhua Oriental. What if they take the shares of Land in a very happy way? So, I think it's better not to move for the time being."

Lu Renhe nodded in agreement and said, "We still have 2 billion Hong Kong dollars in cash, which is enough for the time being. Since Mr. Fu named it and wanted to take over Milk International and Wenhua Oriental, we have no choice."

After looking at Wei Zhuosi, Lu Renhe said meaningfully: "Mr. Fu has given us considerable understanding and support in the acquisition of Hebei Huang and Jiahong International. It can even be said that he has given you and me all the authority, which is completely in accordance with our will. So, his request must be met, do you understand?"

Wei Zhuosi raised his hands and said, "Of course I have no objection. Boss, you are right. We cannot disappoint Mr. Fu. These two companies have to be taken down no matter what!"

The two discussed and immediately ordered the acquisition prices of each share of the two companies to HK$10 and HK$9 respectively.

By the close of noon, the shares of the two companies did not continue to rise like yesterday, but hovered between 10-10.5 Hong Kong dollars and 9-9.3 Hong Kong dollars.

Lu Renhe and Wei Zhuosi immediately realized that it seemed that the Kessek family was clearing the Milk International and Mandarin Oriental stocks they held.

This..., this is too fast. I thought you could last for ten days and half a month, but after not holding on for three days, I started to throw away?

Are you still a little integrity? Are you still a little chivalrous? Are you still shameless?

But Lu Renhe and Wei Zhuosi did not dare to take it lightly, for fear that this was Keserk's plan, that is, to lure Yuantu Investment to actively reduce the acquisition price. If the price is low here, the shareholders will naturally sell the stock to the Keserk family.

So, they could only bite the bullet and continue to persist. However, it may be that they were thinking too much. Until the closing at 4 pm, the Kessek family did not take any further moves. Yuantu Investment successfully obtained more than 50% of the controlling stake in the two companies.

After the closing, Yuantu Investment spent only one day to invest, and at least half of it flowed into the pockets of the Kessek family.

Lu Renhe had no joy of victory at all. Instead, he seemed to have eaten several flies and was disgusted by the Keserk family.

Wei Zhuosi suddenly rushed in and said, "Boss, Simon Kessek called himself and wanted to have a good talk with us."

A sneer appeared on Lu Renhe's face and asked, "You didn't agree, did you?"

Wei Zhuosi curled his lips and said, "I'm not that stupid. Now we have the initiative on our side. When to talk and how to talk, we have the final say."

The two old foxes laughed at the same time, and Lu Renhe said, "It's time for Liu Luanxiong to move."

Wei Zhuosi nodded and said, "The time is right now. I can catch the Keserk family off guard. How should I reply to Simon Keserk?"

Lu Renhe said: "Just say that the secondary market acquisition has ended. If you want to sell the stock, fill out the tender offer application form and trade according to the tender offer price. Otherwise, stay wherever you are cool."

Wei Zhuosi smiled maliciously and said, "I can imagine how ugly Mr. Kessek's face is. But Simon Kessek is not that easy to deal with. I think he may continue to retain shares in the two companies. If so, we will feel very uncomfortable in the future."

Lu Renhe said: "Let's talk about this later. From now on, our goal is to make way for the land, and everything else must be given way."

Liu Luanxiong received a call from Lu Renhe and learned that Yuantu Investment had obtained controlling stakes in Milk International and Wenhua Oriental, he was ready to say, "Brother Lu, let's see me next!"

In the past month, Yuantu Investment has quietly controlled 20.3% of Land's equity, Huayuan Fund and Chinese Real Estate combined 22.5%, totaling 42.8%; while the Keserk family controlled 11% and 15% of Land's equity through Jardine Holdings, Jardines Holdings, respectively, which together was only 26%.

On November 19, a full month passed since "Black Monday".

Before the Hong Kong stock market opened in the morning, Yuantu Investment announced that it had actually mastered Milk International, and the acquisition of Wenhua Oriental Company was officially over.

This news made many shareholders who still hold stocks of the two companies feel lost, beating their chests and stamping their feet, and regretting them.

Instead of venting their anger on Yuantu Investment, they scolded the Keserk family for being timid and cowardly, why didn't they hold on for a few more days so that they could clear the stocks in their hands.

But today's protagonist of the market is destined not to invest in Yuantu, nor is it from the Keserk family who surrendered.

At 9 o'clock in the morning, a news about Chinese real estate investment made the entire market boil.
Chapter completed!
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