I just want to enjoy life

Chapter 724 73190 Billion Acquisition of Innovation Bank

In the evening, Lin Haocang was lying by the open-air swimming pool at the Helandao Villa in Repulse Bay, watching the news from Jiangdao, with the corners of his mouth slightly raised.

It is good to have a media group under its umbrella.

The mysterious rich man in Guangdong Province bought No. 12 Baijia Road, Taipingshan from Li at a sky-high price of 12 billion.

Tsk tsk, it seems that in the future, I will buy more media from all over the world. If I don’t go to a place, I will buy a large media and don’t report any information related to myself.

At this time, his phone rang. It was Li Ze, the eldest son of Li Tiancheng, the richest man in Jiangdao. After connecting, Lin Haocang asked, "Mr. Li, what's the matter?"

On the phone, Li Ze smiled and said, "Mr. Lin, last time you said you planned to buy a bank, no, now a bank has appeared, I wonder if you are interested?"

When the two of them were chatting before, Lin Haocang mentioned that he planned to acquire a small and medium-sized bank in Jiangdao, and he also paid special attention to it. Just yesterday, the actual controller of a small superior bank in Jiangdao found him, intending to sell 51% of the bank in his hand. The equity was sold to their Li family, but he felt that the price was too high, and their Li family did not really need such a small bank. They needed loans and funds, so they could find their old partners Fenghui Bank, Hengsheng Bank, and Yingda Bank. .

The industry in Jiangdao is basically saturated. There are large banks such as Fenghui Bank, Yingda Bank, Hengsheng Bank, and Bank of East Asia. Other large banks are in Jiangdao. In fact, the market share in Jiangdao is not However, Jiangdao's small local banks have less market share under the squeeze of large banks.

The acquisition of such a small bank would not have much effect on the Li family, so he bargained for the price, but the other party was unwilling, so the deal could not be concluded.

So he remembered that Lin Haocang once told him that he intended to buy a bank in Jiangdao.

Listening to Li Ze's words, Lin Haocang's mind suddenly moved. It would be good to buy a small bank.

Last time, Sky Capital spent 50 billion to jointly acquire Yonglong Bank with Hengsheng Bank, and became the second largest shareholder of Yonglong Bank, controlling 13% of Yonglong Bank's shares.

However, Sky Capital does not actually own a bank. Thinking of this, Lin Haocang said: "Mr. Li, of course I am interested, so don't be fooled and say, which small bank is it in Jiangdao?"

On the phone, Li Ze said: "It's Innovation Bank, and its boss is Ma Zhaoxiang. He just came to me yesterday and wanted to sell me the shares of Innovation Bank, but the price is a bit high. I bargained a little, but he didn't want it. Now it is estimated that you are looking for buyers everywhere, I wonder if you have any intention to acquire Innovation Bank?"

"If there is an acquisition intention, I will ask Ma Zhaoxiang to contact you."

Upon hearing this, Lin Haocang immediately said, "Let him come to me!"

"Okay." After chatting with Lin Haocang for a few more words, Li Ze ended the call, and then called Ma Zhaoxiang.

The call was quickly connected, and Ma Zhaoxiang said excitedly: "Mr. Li, have you considered it?" Yesterday Li Ze disliked the price being too high, but he did not expect to call him suddenly today, which made him inexplicably happy.

And Li Ze said straight to the point: "Mr. Ma, I have a friend who is very interested in Innovation Bank. I'll give you his phone number. You should have a good talk with him!"

Ma Zhaoxiang immediately said: "Okay, Mr. Li, I'm sorry!"

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At this moment, Lin Haocang carefully looked up the information of Innovation Bank at the Headland Road Villa in Repulse Bay.

It was founded in 48 and listed in 94. Its shares were selected as one of the constituent stocks of the Hang Seng 96 Mid-Cap Index in [-], and are currently selected as one of the constituent stocks of the Hang Seng Composite Index Series.

At present, in addition to the head office and 43 local branches in Jiangdao, Innovation Bank also has three branches located in Shan City, Ao Island and Fan City, and two representative offices located in Guangzhou and Lu City.

Innovation Bank Limited is principally engaged in the provision of banking and financial services.The company operates through four business segments.The Corporate and Retail Banking Services segment is engaged in the provision of money lending, trade financing, auto credit, consumer credit, time deposits, current and checking savings accounts, credit cards and personal wealth management services.This segment also provides fully automated telephone banking and online banking services.The Financial Market Business segment is engaged in inter-bank lending, unified interest rate risk and liquidity management businesses.The Securities Trading segment is engaged in securities trading, stock brokerage and futures brokerage.The Others segment is engaged in investment holding, insurance, investment consultancy and property investment.

At present, the market value of Innovation Bank is 150 billion, and the asset scale is about 1000 billion.

Not bad, Lin Haocang intends to take it down!

At this time the phone rang, it was an unfamiliar number, Lin Haocang connected it immediately, and asked, "Who is that?"

The person on the phone quickly said: "Mr. Lin, hello, my name is Ma Zhaoxiang, and I am the chairman of Innovation Bank. I heard from Mr. Li that you intend to acquire Innovation Bank..."

"Sorry to bother you so late"

After hearing this, Lin Haocang smiled and said: "Mr. Ma, tell me your price!" He likes to come directly, and he bought it directly if the price was right.

On the phone, Ma Zhaoxiang said firmly: "90 billion", his asking price is higher than the market price, because Innovation Bank is his family bank, and it has been painstakingly managed for many years. It can be regarded as an excellent small bank with high-quality assets. Under the pressure, the market gradually shrank, and it was very difficult for their family bank to develop, so they planned to sell the family bank to transform the family.

However, the asking price of 90 billion scared away many people.

Lin Haocang listened to this number, thought for a while, and said, "Yes, you can come to the Sky Capital Center to find me tomorrow morning!"

After a few brief chats, the phone call ended.

The next day, August 8th, Monday, at 9:9 am, Lin Haocang came to the Sky Capital Center, and Ma Zhaoxiang had been waiting for a long time, looking at Lin Haocang, he said excitedly: "Mr. Lin, good morning"

Unexpectedly, the legendary financial wizard, so young, can shock him a lot!

"Mr. Ma, good morning." Lin Haocang shook hands with him.

After exchanging a few pleasantries, the two got down to business and signed the equity agreement.

Sky Capital invested 90 billion to acquire Ma Zhaoxiang's 51% stake in Innovation Bank.

This money was paid by the Finance Department of Sky Capital!
After paying the money, the finance department has 5 million left.

After Ma Zhaoxiang received 90 billion funds, he was very excited and dedicated 10 billion funds to Sky Capital, becoming a client of Sky Capital.

Lin Haocang is also happy with his investment, anyway, the more wealthy clients the better, so that Sky Capital's contacts in the wealthy circle will become wider and wider.

(End of this chapter)