Chapter 852 Benefits Given by Miki (Two in One)

March 10th.

This day is Seiko Matsuda's birthday, and Lin Baicheng has been with Seiko Matsuda the whole day.

Matsuda Seiko was so happy that she even disguised herself and asked Lin Baicheng to accompany her to the amusement park. She also had a lot of fun and looked no different from other girls of the same age. Considering her current age, it is actually quite normal.

In the evening, we celebrated the birthday of Seiko Matsuda.

The next day, Lin Baicheng went to Bailong Commercial Club to have a look.

Since it started financing in May last year and invited Mitsubishi Zaibatsu and the Sato family to join, Bailong Commercial Co., Ltd. has been developing faster and faster.

Now, it is easier for Bailong Commercial Association to obtain land than before, and it is also easier to obtain loans from banks.

And if a real estate company has land and money, it will be difficult for it to develop.

Lin Baicheng looked at the current development speed of Bailong Commercial Club and made a mental calculation. At this development speed, the company's assets will reach 2 billion US dollars in less than five years. By the time the Hiroshima Agreement is signed, it will be easy to exceed the scale of tens of billions of dollars in a few years.

In this process, in order to ensure the development of the company, it is necessary to attract more powerful forces. After all, Bailong Commercial Club is no better than the local Japanese chaebols. The majority of the shares are held by outsiders, so there will be financing in the future, and Lin Baicheng's shares are still will be diluted.

However, even if the shares are diluted, Lin Baicheng will be satisfied as long as he can finally cash out two to three billion US dollars from Bailong Commercial Association.

After all, Lin Baicheng did not invest much in Bailong Commercial Club, not only in terms of capital, but also in terms of energy.

With a small investment, it is good to have an income of two to three billion US dollars. If it is too little, some people will be unsatisfied.

night.

Lin Baicheng went to TV Asahi Miki Yota's appointment to have dinner together.

Miki Yaota was still very sincere. The place where he invited Lin Baicheng to eat was a Chinese restaurant, not a Japanese restaurant.

"President Miki, long time no see." "Lin Sang!"

Lin Baicheng and Miki Yaota greeted each other.

Lin Baicheng asked the bodyguards and Asami Uchida to wait outside, while he and Miki Yota entered the private room.

Miki Yota said: "The Chinese cuisine in this store is very good and has a history of hundreds of years. I hope it can satisfy you, Lin Sang."

"Hundred years of history? Then I'm in for a treat today."

Lin Baicheng raised his eyebrows slightly. There are many century-old stores in Japan. Many of them have their own unique skills. I hope this store will be the same.

"Lin Sang, how long do you plan to stay in Japan this time?"

Miki Yota said: "It's a rare trip for you. Do you want to go to TV Asahi? So that the TV station can recognize you as the major shareholder?"

"The TV station is under the control of Chairman Miki. I feel relieved and will not go there for the time being."

Lin Baicheng smiled and declined. Since he didn't covet the control of TV Asahi, there was no need to run there. After all, he was the company's major shareholder, and it would be bad if Miki Yota, an old fox, misunderstood him.

"Thank you Lin Sang for your trust."

Miki Yota was very happy when he heard this, and then said regretfully: "It's a pity that Lin Sang doesn't have time to go and take a look. Please give me some pointers. Since Asia Television was acquired by Lin Sang, it has developed better and better, and has dominated the ratings in Hong Kong for a long time. Rate first.”

"There are only two TV stations in Xiangjiang, ATV and TVB, so being number one is nothing." Lin Baicheng said modestly.

Time passed slowly as the two chatted until the dishes were served.

Lin Baicheng was still a little curious about this century-old restaurant. After eating it, he found that it was indeed delicious, but it was not necessarily how delicious it was. When his hopes were too high, he was a little disappointed. However, he didn't show it, but praised him a few times, which was a favor to Miki Yaota.

Lin Baicheng guessed that the reason why this Chinese restaurant is very famous in Japan and has become a century-old restaurant should be related to the fact that there are very few authentic Chinese restaurants here.

Because it's rare, it's easier to stand out.

After dinner, Miki Yaota took Lin Baicheng to drink tea. The location is still the restaurant, but the place has been changed into a Japanese-style private room.

At this time, Miki Yota got down to business: "Lin Sang, I have a major decision. I hope that your board representative at TV Asahi can support me as always."

"President Miki, please speak."

Lin Baicheng secretly thought that indeed, he knew that Miki Yaotai would not invite him to dinner for no reason, there must be something going on.

Miki Yota said: "That's right. I want the TV station to raise funds through capital increase and share expansion so that it can catch up with the top TV stations."

"Increase capital and expand shares? Don't know how to increase capital and expand shares?"

Lin Baicheng raised his eyebrows slightly: "Are we going to increase capital and expand shares from our shareholders, or are we talking about increasing capital and expanding shares from outside?"

There is a difference between the two. The former raises funds from existing shareholders, and everyone contributes money in proportion, while the shares they hold remain unchanged. The latter means that everyone does not need to contribute money, but the shares held are reduced in proportion.

Upon hearing this, Miki Yota said: "If the TV station wants to develop, it still needs some strong partners, so this time it is an external capital increase."

"President Miki, if this happens, won't my shares be diluted?"

Lin Baicheng couldn't help but frown when he heard this. Some time ago, he was rewarded for supporting Miki Yota. With the help of Miki Yota, he spent $36 million to increase his stake by 4% with a market value of $900 million, thereby increasing his stake in TV Asahi to 10.2%. Now, once diluted, the shares held will immediately drop below 10%.

"Including me, the shares of all shareholders will be diluted in the same proportion."

Miki Yota replied, and then explained: "Although everyone's shares have been diluted, the TV station has obtained funds and has two more partners. This is beneficial to the development of the TV station, and the value of the shares held by all shareholders can be increased."

"President Miki, you should know that I hold shares in TV Asahi, and I don't value this aspect." Lin Baicheng reminded.

Sanmu Yota said: "Only 15% of the shares will be released in this capital increase. After the capital increase, you will still have 8.67% of the shares in your hands. You will still be the major shareholder of the TV station, and it will not affect the cooperation between you and the TV station."

"But the reduction of shares means that my influence on the TV station has decreased."

Lin Baicheng still shook his head after hearing this. After thinking about it, he asked: "Then what is the price of this fundraising?"

Sanmu Yota replied: "Raising funds according to the market value of 900 million US dollars will not harm the interests of all shareholders."

"If the TV station lacks funds for development, I can give some support."

Lin Baicheng thought about it and said that if possible, he would not mind spending more money to increase his holdings in TV Asahi.

Sanmu Yota immediately shook his head: "Lin San, I have said that for the development of TV Asahi, I invite powerful partners."

"President Sanmu, I don't know what the other shareholders mean?" Lin Baicheng suddenly asked.

Miki Yota: "Mr. Lin, except for certain people, I will convince the other shareholders one by one."

"It seems that President Miki is determined to do it this time."

Lin Baicheng's eyes were full of meaning. If he didn't agree, would it mean that there would be a crack in the cooperation between the two parties?

Miki Yota said sincerely: "Mr. Lin, as long as you support me this time, I will find a chance to compensate you in the future and help you increase your shares back to 10%. Your influence will definitely not be affected."

"President Miki, this is a bit sudden. I need to think about it carefully."

Lin Baicheng still didn't agree. For a company like TV Asahi, it is easy for shares to be diluted. It is not a simple matter to continue to increase holdings, especially when the TV station has two more powerful partners. If they also want to increase their influence and increase their shares later, it will be even more difficult for him to increase his holdings, or he will have to pay a greater price.

The problem is that Lin Baicheng doesn't need the control of TV Asahi. He only needs a certain influence. There is no need to pay a price for Miki Yota's development plan.

Seeing that Lin Baicheng was still unwilling to agree, Sanmu Yaota had to say: "Mr. Lin, I heard that you have a film and television company in your country that is engaged in the entertainment industry?"

"President Sanmu is really well-informed. I do have such an entertainment company under my name that cooperates with others."

Lin Baicheng couldn't help but guess what Sanmu Yaota's purpose was in mentioning Baihuifeng Co., Ltd. It shouldn't be a threat. Could it be that he wanted to bribe him by giving him benefits?

Sanmu Yaota smiled and said: "The Sanmu family has several cinemas under its name. It was originally going to enter the cinema chain, but unfortunately there were some problems with the funds later, so there are only a few operating. I wonder if Mr. Lin is interested in entering the cinema chain market and taking over these cinemas?"

"Cinemas?"

Lin Baicheng couldn't help but be moved when he heard this. If Baihuifeng Co., Ltd. has its own cinema chain, it will not only be beneficial to the development of Baihuifeng Co., Ltd. in the film and television industry, but also beneficial to Xingchen Films in Hong Kong to deliver movies here.

"Mr. Lin, what do you think?"

Seeing Lin Baicheng's obvious excitement, Sanmu Yaota was immediately relieved.

Lin Baicheng asked: "Chairman Miki, how many cinemas are under the family name? What is the scale?"

Miki Yota did not answer, but said: "Mr. Lin, if you are interested, how about sending someone to take a look?"

"Okay, I will send someone to take a look tomorrow."

Lin Baicheng looked at Miki Yota deeply and agreed.

Miki Yota did not talk about the TV station's capital increase. As long as Lin Baicheng bought the cinema from him, it was equivalent to Lin Baicheng agreeing to support his capital increase plan. Although there was no contract between the two, sometimes, a contract without a clear contract cannot be breached.

The reason why Lin Baicheng gave in was mainly to see the quality of the Miki family's cinemas and whether they were equal to the dilution of Asahi TV's shares.

The two stopped talking about this matter, and after chatting about other things for a few more words, Lin Baicheng got up and said goodbye and left.

Lin Baicheng still went to see Matsuda Seiko in the evening, which was what he promised Matsuda Seiko last night.

The next morning, Lin Baicheng called Chiba Nanako through Uchida Asami and told her about the cinemas that Miki Yota had told him last night. He asked her to bring someone to contact Miki Yota, and then bring professionals to see those cinemas and make a professional evaluation for him.

Lin Baicheng only gave Chiba Nanako two days at most.

Chiba Nanako left after receiving the order, obviously going to work.

That night, Chiba Nanako gave Lin Baicheng the relevant information in less than two days.

Lin Baicheng looked around and found that there were four cinemas in total. Except for one that was relatively large, the other three were medium-sized cinemas.

However, unlike the old-fashioned cinemas in Hong Kong, these four cinemas were all multi-screen cinemas with a total of 25 screens, and all four cinemas were in Tokyo.

If these four cinemas were acquired and a few more cinemas were acquired or newly built, a small cinema chain could be established.

In terms of finance, the operations of the four cinemas were very healthy and profitable, but because the locations of the three medium-sized cinemas were not very good, their profitability was not particularly strong.

In general, these four cinemas were excellent assets, and Sanmu Yota was sincere in selling them to Lin Baicheng.

After reading the evaluation report, Lin Baicheng had already made a decision in his mind, that is, to agree to Sanmu Yota and support his plan of external targeted capital increase at the board meeting on the condition of buying these four cinemas.

What made Lin Baicheng a little hesitant was whether to let Xingchen Cinema, a subsidiary of Asia Star Media Group, acquire these four cinemas and then establish a cinema chain here.

After some consideration, Lin Baicheng made a decision.

First of all, it is not appropriate to let Xingchen Cinema acquire these four cinema chains alone. Xingchen Cinema is a foreign enterprise, not from Hollywood, but from Hong Kong. The development of the cinema chain after the acquisition will become a problem in the future.

However, the expansion of Xingchen Cinema is beneficial to Hong Kong films entering the Japanese market.

Therefore, Xingchen Cinema can jointly acquire these four cinemas with Baihuifeng Co., Ltd., and then jointly develop the cinemas. This will not affect Hong Kong works entering the Japanese market, nor will it affect the development of Baihuifeng Co., Ltd.

Now there is only one problem. Lin Baicheng can make a decision directly on Xingchen Cinema, but not on Baihuifeng Co., Ltd. When it comes to such a large asset transaction, it must be notified to the major shareholder Iwasaki Mineryū and obtain his consent.

Although Lin Baicheng can make a direct decision without saying hello, this will affect the cooperative relationship between him and Iwasaki Mineryū, so it is not necessary.

However, Lin Baicheng believed that it was unlikely that Iwasaki Mineryu would object. If he was really unwilling to pay, Iwasaki Mineryu would probably accept Lin Baicheng's financing to dilute his shares. After all, the asset scale of Baihuifeng Co., Ltd. was not large, and compared with their cooperation in other fields, it was only a tiny thing.