Chapter 528: Taking Over Gangdao Land

A negotiation ended unhappily.

Mai Lihao and Shen Bi felt helpless in their hearts.

They had originally planned it well, so how did it turn out like this?

They were still tangled up here.

After the stocks of Harmony and Land were dumped by everyone for several days, they began to gradually stabilize.

Compared to the peak, the market values of the two companies have shrunk by more than thirty percent.

At this moment, Yang Qing felt the stock market was about right, and his ammunition was already plentiful.

He immediately had Lin Cong announce Yang Group's acquisition plan at the Azure Dragon Securities Exchange.

Yang Group would acquire Harmony and Land's stocks at a 30% premium over the current share price.

Moreover, the opening move was a bomb.

Yang Group then announced that Yang already owned 31% of Land's shares and 26% of Harmony's shares.

Now Yang Qing could directly announce taking over the two companies and become the largest shareholder.

Niubijian, having been struck by Yang Qing, could be said to have been caught off guard; just as he had stabilized the share price, Yang Group's forcible acquisition arrived.

Yang Qing was also doing this to vent his anger; you guys aren't bringing me along to play, so I'll just throw money at it.

"Quickly go find Bao Degang to sell shares."

Niubijian immediately regretted it to death; if he had known earlier, he wouldn't have played the share-swap game, letting out large amounts of Harmony and Land shares, turning them into ammunition in others' hands, shooting himself.

Despite paying such a high cost, Bao Degang still defected.

"These Chinese people, not a single one can be trusted; they are all a band of robbers without business ethics."

Henry Kasek kept cursing Yang Qing as a dog thing, then took the Kowloon Warehouse shares obtained through swap and the portions of Kowloon Warehouse shares that their partners were willing to sell, and went to find Bao Degang.

At the same time, Mai Lihao and Shen Bi accompanied him.

Mai Lihao and Shen Bi this time didn't care about face, directly pressuring Bao Degang.

"Boss Bao, you must purchase this portion of shares according to our original agreement."

Shen Bi also said.

"Boss Bao, things shouldn't be done too extremely; if Harmony runs into trouble, it affects the next round of profit sharing, and you wouldn't want to become the target of everyone's anger, would you?"

Facing pressure from the three giants, Bao Degang had no choice but to comply.

He used 1 billion in cash to purchase the 16% of Kowloon Warehouse shares that Henry had brought over.

Of this money, part is to be given to the partners.

The remainder is only 720 million; Henry can use it to carry out this acquisition snipe.

Niubijian and Henry both know that if they want to win against Yang Qing on two fronts, they will lose miserably.

They can only first preserve Harmony, then use the recovered shares to finance and continue competing with Yang Group for control of Land.

"Extra, extra, Harmony is buying back its shares at a 50% premium; those who want to get rich, hurry over."

Seeing Niubijian make a move, Yang Qing immediately followed suit.

"Extra, extra, Yang Group is acquiring Xianggang Land at a 50% premium and Harmony at a 60% premium; those who want to get rich, hurry up—Yang Group's shares are almost enough."

Facing the big player Yang Qing, Niubijian and Henry could only grit their teeth and follow along.

"Extra, extra, Harmony is buying back its shares at a 70% premium; those who want to get rich, hurry over—Harmony's cash is limited, heard they sold Kowloon Warehouse, got a billion from Bao Degang, funds are limited, sell early to make money, sell later and you're just eating air."

Yang Qing never intended to let Harmony off.

"Extra, extra, Yang Group is buying Harmony's shares at a 100% premium."

"Extra extra, Kowloon Warehouse changes hands, Bao Degang dumps its shares to increase Kowloon Warehouse's cash flow, current price 95, no wait 89, no wait 82……"

"Kowloon Warehouse is plummeting; not recommended for everyone to invest."

Because of Bao Degang's operation, Kowloon Warehouse quickly fell to 55.

This isn't the end yet, because nobody is buying; the seller is mainly Bao Degang, and if he's still dissatisfied with this price, he can still suppress it.

However, he probably won't do that again, because Kowloon Warehouse also needs financing now.

The Harbour City project still needs a lot of money poured into it.

Niubijian and Henry hated it to the point of itching teeth.

It's simply not giving them another chance to take advantage of him; if they want to sell again, it won't be 60, but even lower.

They no longer have any arbitrage opportunity.

In that case, the Yinglian people who own Kowloon Warehouse shares also have no need to look for them to operate.

Kowloon Warehouse's liquidity is beginning to be released.

Harmony faces Yang Qing's aggressive pressure—will they comply or not?

They have no choice.

They must comply.

Mai Lihao and Shen Bi also stopped considering losses and began fully supporting Niubijian and them.

Moreover, they also gathered the Chinese merchants who were colluding with them.

Because there is their share of the pie here; if Harmony is now taken over by Yang Group, they would have no opportunity.

Among them, Li Changjiang was the most active, because Land is his goal.

Yang Qing, this shameless fellow, actually snatched food from the tiger's mouth.

Because of these people's joining, Harmony and Land's shares began to rise quickly.

Too many people were snatching up shares; no matter how Lin Cong and them operated, the acquisition plan for Harmony and Land had to be suspended.

By now, Yang Qing already holds 47% of Gangdao Land's shares and 38% of Harmony's shares.

Only a little bit more is needed to directly control Land Group, but that little bit is as hard as climbing to heaven.

Moreover, the stock price was too high; Land and Harmony, after Kowloon Warehouse, also became a hundred‑billion enterprise.

Lin Cong knew there was no longer any opportunity at the stock exchange.

"Director Yang, why don't we directly convene a board meeting and first take control of management?"

"To prevent them from causing any trouble."

Yang Qing nodded his head.

"Harmony is not needed; we have no chance with Harmony; they have a bunch of lackeys backing them up."

"We will first convene Land's board meeting, gain control of Land, then learn from Harmony, using a share swap to directly complete the acquisition."

"Mai Lihao and Shen Bi are not good people; they will definitely cause trouble afterward."

"Let's first get hold of Land, then talk; having it in hand brings peace."

Yang Qing wanted Gangdao Land to convene a board meeting and elect a new leader; Niu Bijian had no recourse, as they were major shareholders, and you couldn't refuse.

After a delay of two days, the board meeting was still held.

Facing Yang Qing, Niu Bijian felt a bit lacking in confidence.

He could only make trouble from the management side.

At the board meeting, Yang Qing, with an unmatched advantage, took control of Land's management.

Afterward, Niu Bijian, with the management team, started to lose his temper.

"We oppose Director Yang taking over Land; Manager Niu Bijian has always been diligent and has developed Land well; you have no right to replace him."

"That's right, that's right; Land should be managed by Manager Niu Bijian."

The crowd, mostly Yinglian people, full of sarcasm, simply unwilling for Yang Qing to take the chairman position.

Yang Qing gave no ground to these people.

"I think Land will be fine without anyone."

"If you have opinions, you can resign."

"However, before resigning, you must complete a financial audit; if I find any issues with your income, I don't mind sending you to Red Pillars."

"My people and my law firm can stand with you to the end."

As soon as Yang Qing's words fell, the scene instantly fell silent,

Niu Bijian knew the situation was lost; he ultimately still failed.

"Director Yang, there's no need to threaten them; I agree to withdraw from Land."

"I hope you will treat Land well and your colleagues."

Yang Qing revealed a smile.

"No problem; as long as you work conscientiously, you're a good employee."

"I, Yang Qing, in Gangdao, am famous for being good to employees."

"Don't believe me? Everyone can check."

"Anyone who leaves my company will regret it for life."