Chapter 859 Financing and Share Transfer
The next day was Friday.
Jiale Real Estate's stock continued yesterday's upward trend and rose amid fluctuations.
Although today's increase was not as large as yesterday's, it also rose by 14.5%, and the total market value reached 628.6 million Hong Kong dollars.
For HSBC and other capitals, it is a good thing that the stock price can continue to rise today, indicating that there is still momentum for the subsequent stock price to continue to rise.
Shen Zhou and others did not think that the market value of Jiale Real Estate could be as high as that of Jianing Group. After all, the reason why the stock price of Jianing Group was so high was because of Chen Songqing's financial fraud. After Jiale Real Estate was separated and reorganized, the financial data was not as good as that of Jianing Group. Having a market value of nearly 1 billion Hong Kong dollars was enough to satisfy Shen Zhou and others.
Once the market value of Jiale Real Estate reached 1 billion Hong Kong dollars, the loss of HSBC and other capitals would not be too great. After all, they did not hold many shares of Jianing Group before, but now they hold a lot of shares of Jiale Real Estate. Under the same market value, the value of existing shares is higher.
Lin Baicheng also knew the market value of Jiale Real Estate. After all, Jiale Real Estate had just been listed. He also wanted to know how much the company's stock price could be stable, so he asked people to pay attention to the market value of Jiale Real Estate and report to him once a day.
Of course, Lin Baicheng was only concerned and did not plan to do anything.
On Friday night, he boarded a private plane to Tokyo and went to Tokyo again.
This time, Lin Baicheng wanted to raise funds for Baihuifeng Co., Ltd., and at the same time let Baihuifeng Co., Ltd. and Xingchen Films jointly establish a cinema company to acquire the four cinemas of the Miki family.
It was Yamaguchi Baihui who came to the airport to pick up the plane. Lin Baicheng and Yamaguchi Baihui went back together.
The next morning, Lin Baicheng and Yamaguchi Baihui came to Baihuifeng Co., Ltd. together.
Although today is Saturday, if you want to do something, you don't need to delay it until next Monday just because it's the weekend.
In the meeting room.
Not only the company's president Hiroshi Ida is here, but Iwasaki Mineryu's people are also here, and Chiba Nanako from the secretariat also brought people here.
What we have to do today is to complete the financing of Baihuifeng Co., Ltd. The person who carried out the financing was Lin Baicheng, who will privately invest to acquire 15% of the shares of Baihuifeng Co., Ltd.
When Baihuifeng Co., Ltd. was first established, the total investment was 20 million Hong Kong dollars, or 1 billion yen. Lin Baicheng and Iwasaki Mineryu each held 40% of the shares, and Yamaguchi Baihui held 20% of the shares.
In 1979, the performance of Baihuifeng Co., Ltd. was not very good, but in 1980 last year, Baihuifeng Co., Ltd. had a net profit of 430 million yen. Now the company has signed well-known singers such as Nakajima Miyuki, and Matsuda Seiko has become more popular this year. It is expected that this year's performance will be higher, and the net profit is expected to be between 700 million and 1 billion yen.
The reason why the net profit estimate is so different by 300 million yen is that it is difficult to predict the profit and loss of the film and TV series investment led by Yamaguchi Baihui before the release, and it can only be predicted according to industry rules. If the movies and TV series invested in are all huge losses, the net profit this year may be less than 700 million yen; similarly, if the investment in movies and TV series is a big hit, the profit will be higher than 1 billion yen.
Baihuifeng Co., Ltd. does not have much net assets, so the final valuation of Baihuifeng Co., Ltd. is 5 billion yen, which is not overvalued but not underestimated, and is within the normal valuation range.
Lin Baicheng invested 750 million yen to acquire 15% of the shares of Baihuifeng Co., Ltd.
In this way, after the financing, his previous shares are left with 34%, plus the existing 15% shares, holding nearly half of the shares, Iwasaki Minoryu 34% shares, Yamaguchi Baihui 17% shares.
As for the equity incentive plan for the company's executives, it has not been carried out for the time being. After all, the company has just developed and has not developed to a certain extent, and has not reached the standard for equity incentives.
When the management led by Hiroshi Iida develops Baihuifeng Co., Ltd. better, it will be necessary to start the equity incentive plan. At that time, the pillars of the company like Miyuki Nakajima will definitely get some incentive equity.
After the financing was completed, Iwasaki Fenglong's people said goodbye and left.
Lin Baicheng then told Chiba Nanako to lead the secretariat to assist Baihuifeng Co., Ltd. and Xingchen Cinema to establish a joint venture theater company between the two companies, and then acquire the four cinemas of the Miki family. As for the development after the acquisition, there is no rush for the time being, and everything will be discussed after the cinema is acquired.
Of course, Lin Baicheng does not need to personally take action for the acquisition, and can leave it to the secretariat to complete it.
In the evening.
Lin Baicheng came to the residence of Seiko Matsuda.
"Seiko, here is a document, please sign it after reading it."
Lin Baicheng took out the contract for the transfer of shares, which was the 15% of the shares of Baihuifeng Co., Ltd. that he personally financed today.
"Oh."
Seiko Matsuda responded, took a pen, and then turned directly to the back of the document.
Seeing this, Lin Baicheng said, "Shengzi, you signed without reading the contents of the document? What if I sell you out?"
"Chengjun will not do that. I believe in Chengjun."
Matsuda Shengzi smiled sweetly at Lin Baicheng and signed directly. She is still young and in love. She doesn't think Lin Baicheng will do anything bad to her. She is full of trust in Lin Baicheng.
"Yeah."
Lin Baicheng was very happy with Matsuda Shengzi's trust. At least he did nothing wrong in giving the shares to Matsuda Shengzi.
"Chengjun, I've signed it."
Seiko Matsuda said and handed the document to Lin Baicheng.
"Holy Son, remember to keep this document."
Lin Baicheng stretched out his hand to push it back and said to her: "This is a share transfer contract. It contains 15% of the shares of Baihuifeng Co., Ltd. From today on, you are the company's major shareholder."
"I became a shareholder of the company?!"
Matsuda Seiko's eyes widened in surprise when he heard this.
Lin Baicheng smiled and nodded: "Yes, that's the company you're in now."
"Makoto-kun, you are so kind! Thank you!"
After being surprised, Seiko Matsuda was very happy. After all, she was not a fairy who did not eat fireworks from the world. Although she doesn't know how much the company is worth now, she thinks that 15% of the shares should be worth several hundred million yen, which is already a lot of money to her.
"Keiko is also a shareholder of the company, and I must treat you fairly."
Lin Baicheng said and warned: "Shengzi, remember not to transfer these shares of yours for the time being. In terms of the company's management, you should not express any opinions for the time being. If you want to wait a few years, it will not be too late to intervene in the company's management. For now, you should continue to develop as a singer."
"I listen to you, Cheng-kun."
Seiko Matsuda nodded to express his understanding.
After nodding, Lin Baicheng said no more and turned to talk to Seiko Matsuda about something else.