1221 Purchase with Force (1/2)
”What?” Ma Juji's eyes widened, staring at Chen Xiaobei like he had lost his mind. ”Are you delusional? You want to forcibly acquire Ma Organization? Do you know how much we are worth? isn't that ridiculous!”
”Bro Bei! Is this true?” Hong Hai'er asked.
”That would be great!” NeZha said, ”If you buy Ma Organization, then the entire Ma Organization, even Qincheng Entertainment will belong to you! At the end of the day, Qincheng Entertainment will automatically belong to Bro Bei!”
”Don't get too excited! It may sound ideal but the reality is harsh!” Wanyuan frowned. ”I heard that Ma Organization is valued at 200 billion RMB! We'll need at least 100 billion to buy 50% of their shares! Does Bro Bei even have enough money?”
”Maybe in his dreams!” Ma Juji snorted. ”He's just a nobody in Green Vine City! He can't even keep Qincheng and now he wants to buy Ma Organization? Stop your acting!”
”Xiaobei… Are you telling the truth?” Song Qincheng asked under her breath.
Song Qincheng know that Chen Xiaobei would not disappoint them but she could not imagine where Chen Xiaobei would get such a huge sum of money.
100 billion is a lot of money. An unfamiliar number to an average person.
Even China's wealthiest, the Yap Family, would find it difficult to take out 100 billion in liquidated funds. After all, most major assets were sky-high in price but they were mostly in the form of real estate.
Take Qincheng Entertainment for example. Chen Xiaobei sold it for 2 billion RMB but in fact, the circulating capital of the entire company was not even near that sum.
How scary it is to take out billions in liquid fund!
”Of course, I have the money!”
Chen Xiaobei looked indifferent.
If he had wanted to boast, he would have already told him that the two meals that he had in Northern Wilderness Starfield cost more than hundreds of billions of RMB!
What is 100 billion? It was nothing to him!
”You really don't know when to stop do you?! If you have 100 billion, I will eat shit in front of you!” Ma Juji thought that he had seen through Chen Xiaobei.
Green Vine's wealthiest family was only worth 30 billion!
Chen Family? He had never even heard of them! How could he be worth 100 billion?
Do you know Wei Suo? He's also a Hongkie!” Chen Xiaobei asked.
”Master Wei?” Ma Juji replied. ”Of course, I know him! He is Hong Kong's biggest financial giant! His capability and resources are supreme in Hong Kong. There's no one who does not know him!”
”Oh, who knew that Wei Suo was so famous?” Chen Xiaobei smiled. ”Since you know him, why don't you give him a call? He's helping me trade now! If I'm not mistaken, before the market closes, I will be able to buy 50% of Ma Organization's shares which would make me the biggest shareholder! Which also means that I would become your chairman!”
Everyone was stunned by Chen Xiaobei's ludicrous claims.
They did not believe Chen Xiaobei at first but now that Chen Xiaobei told Ma Juji to ask Wei Suo himself, they could see that Chen Xiaobei was not lying. He really did have a plan tucked neatly up his sleeve.
If what Chen Xiaobei said was true, then he must have really went all out this time.
Chen Xiaobei owned 50% of Qincheng's shares, so in order to acquire Qincheng Entertainment, Ma Juji needed Chen Xiaobei's agreement for that to happen. On the other hand, 60% of Ma Organization's stakes were distributed among other shareholders and private investors.
Chen Xiaobei only needed to have enough money to acquire the company but would not need anyone's agreement to do it.
Once he had secured 50% of the shares, Chen Xiaobei would have absolute control of Ma Organization's stakes!