Chapter 115 Rediffusion Calls for Withdrawal of Shares! Yang Ming Takes over Rediffusion Electronics

Chapter 115 Rediffusion withdraws its shares! Yang Ming takes over Rediffusion TV with force!!

After Yang Ming and Mai Lisi finished talking.

Mai Lisi returned to his general manager's office and asked his subordinates to find him information about Rediffusion TV and related shareholders.

It is not the Internet era yet, but it is not difficult to find information about Hong Kong TV.

At noon.

Mai Lisi looked at the pile of information about Rediffusion TV and shareholders in front of him.

Among them, the largest shareholder is Rediffusion.

Rediffusion's parent company is headquartered in London, and Hong Kong Rediffusion is just a branch in Hong Kong.

If Mai Lisi wants to take over Rediffusion TV, he must get the consent of the majority of shareholders at Rediffusion's headquarters.

The remaining small shareholders include Jardine Matheson, the Kadoorie family, the Wing On Guo family, the Tsat Bank, the Xu Shixun family, etc.

In Mai Lisi's view, as long as he gets all of Rediffusion's shares in Rediffusion TV, the rest will not be a problem.

He didn't know whether the boss was suddenly interested in Rediffusion TV just to play around or for some other purpose.

Mai Lisi already had his acquisition plan and immediately went to the chairman's office next door.

"Boss, I'm going to fly back to London this afternoon to meet with the major shareholders of Rediffusion TV. As long as we convince them to sell the shares of Rediffusion TV to us, we can get Rediffusion TV."

"Are you sure you can convince the shareholders of Rediffusion TV?"

"Boss, it's not difficult. Rediffusion TV has been losing money for many years. Rediffusion TV's parent company should have always wanted to get out of this quagmire, but no one else took over. Now that you are willing, I think Rediffusion TV's parent company is very happy."

"Then when will you return to Hong Kong?"

"Boss, I will be back tomorrow night at the earliest, and it may take two or three days at the latest."

Yang Ming had no other capable generals around him, like Taito Co., Ltd., which acquired Dongyang, so Yang Ming could only send other people.

"Boss, I wonder how much you value Rediffusion TV?"

Valuation?

Yang Ming remembered that three years later, the Australian consortium bought 61.2% of the shares of Rediffusion Television for HK$120 million, which was worth HK$196 million.

Later, Qiu Degen of the Qiu family also spent HK$100 million to acquire 50% of the shares of Rediffusion Television, which was valued at HK$200 million.

It was three years ago.

In theory.

Rediffusion Television is even less valuable now.

"Value it at HK$200 million."

Two hundred million Hong Kong dollars.

Mai Lisi already had an idea in his mind.

In the morning, Mai Lisi checked the relevant information of Rediffusion Television and valued it. This television station has been losing money for years, and it is afraid that the valuation is not worth even 200 million.

The boss, Mr. Yang, gave him this valuation reference, and he knew that as long as it was within the range of HK$200 million, he could make the decision.

If it exceeded HK$200 million, he would ask Yang Ming's opinion.

"Boss, I'm going to London then."

"Be careful."

Mai Lisi left quickly.

. . .

At 17:30 that afternoon.

Yang Ming left Empire Group.

He took a car back to the Repulse Bay Mid-Levels Villa.

After having dinner with his parents, Yang Ming deliberately watched TV with his parents on the first floor.

He found that the three major TV stations in Hong Kong, including TVB, ATV, and RTV, all have their own advantages.

The three TV stations now are like Cao Wei, Sun Wu, and Liu Shu in the Three Kingdoms.

Among them, TVB is Cao Wei, the strongest, RTV is Sun Wu, monopolizing Jiangdong, and ATV is Liu Shu, the weakest, and in history, it was also the fastest to be destroyed.

Yang Ming watched for a while, and then he went upstairs with Ah Zhu and Zhong Chuhong.

Usually when Yang Ming went back to work, the two women would accompany Li Yufang to watch TV. For example, when Zhong Chuhong lived in Chongqing Mansion before, how could she watch TV as easily as she does now.

"Master, don't you like watching TV?" Ah Zhu asked.

"Those TV programs are nothing good to me."

Yang Ming is from the 21st century.

Entertainment in the 21st century is much more developed than that in Hong Kong in the late 1970s.

Yang Ming is in the study.

He was busy until after eleven o'clock in the evening.

. . .

Early the next morning.

Yang Ming got up early as usual, took a walk in the courtyard of the villa, and basked in the sun.

After having breakfast with Yang Jirong and Li Yufang in the restaurant.

Yang Ming took a car back to the Empire Group in the Federal Building.

9:00 am.

The landline in the chairman's office rang, and Lin Xiuzhi picked up the call.

"Boss, it's General Manager Mai Lisi calling from London."

"Mailisi, it's me."

"Boss, I arrived in London when it was still early in the morning in Hong Kong last night. I was afraid of disturbing you, so I called you today. After I arrived in London, I took time to meet with several major shareholders of the parent company of Rediffusion. When I told them that you were going to acquire shares of Rediffusion Television, they were all very happy."

For Rediffusion, Rediffusion Television has not been profitable and has needed financial support from its parent company for years.

Over time, for the shareholders of Rediffusion, Rediffusion Television in Hong Kong became a bottomless quagmire.

Because of the huge investment, Rediffusion could not give up immediately.

The Empire Group, which has swallowed up Wharf Holdings and Hutchison Whampoa, is interested in Rediffusion Television and is willing to sell its shares.

Yang Ming knows that Mai Lisi is really capable in this regard.

He is very accurate in his actions!

"Mailisi, once the purchase price is agreed, you will fly back to Hong Kong."

"Boss, I will be back to Hong Kong as early as tomorrow morning."

After the two hung up the phone.

Yang Ming knew that the acquisition of Rediffusion Television was nothing at all.

This is incomparable to the acquisition of Wharf Holdings.

However, at this time, Yang Ming is more interested in acquiring Taidong Co., Ltd. and acquiring the ownership of the game "Space Invaders".

I wonder how Xu Qingsheng and Barlow led the team to Japan?

Yang Ming knew that the boss of Taidong was Jewish and was afraid that he would not be so easy to deal with. Yang Ming did not hold much hope for the acquisition of Taidong.

As for the acquisition of the ownership of "Space Invaders", Yang Ming felt that there was still some hope.

If this doesn't work.

Yang Ming hoped that these two people could recruit as many talents in this field as possible from Japan to Hong Kong.

Otherwise, his investment plan could not proceed.

. . .

Early the next morning.

Yang Ming had just gotten up.

Butler Lin Dezhong had come over and said, "Boss, Mr. Mai Lisi is here."

Mai Lisi is back from London?

Yang Ming came down from upstairs in a wheelchair.

Soon, he saw Mai Lisi, who looked exhausted.

"Boss."

"Ma Lisi, thank you for your hard work."

It takes twelve hours to fly directly from Hong Kong to London at the fastest, and thirteen or fourteen hours at the slowest.

In other words, Mai Lisi spent more than half of these three days on the plane.

During this period, he also went to the Rediffusion Headquarters to meet with major shareholders.

"Boss, I have already negotiated with the shareholders of Rediffusion's parent company. They are willing to sell all of Rediffusion's shares to us at a total valuation of HK$180 million. Rediffusion owns 61% of Rediffusion's shares. It will cost HK$109.8 million to acquire all of Rediffusion's shares."

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