"They're waiting in the meeting room," the secretary had just said.
Xing Baohua stood up, straightened his clothes slightly, and hurried to the reception room.
SG Trustee Fund, accompanied by two assistants, was having coffee in the reception room.
Xing Baohua pushed open the door and walked in, smiling as she greeted the guests first, then shook hands with them.
Then invite the guests to your office.
Temasek is about to make its bid, and there are some things we need to discuss with Xing Baohua beforehand.
Otherwise, if Xing Baohua exerts his efforts, Temasek could easily be caught in the crossfire.
After they sat down, Xing Baohua expressed his gratitude to Temasek for its support.
The two sides held preliminary framework talks on cooperation matters.
In order to really crush international speculative capital, Xing Baohua is going to play big this time, since he still has a lot of money left to spend.
Each holding company will receive an additional $5 billion in capital.
As a result, Temasek's hard-won 5% stake has shrunk to about 1.5%.
This directly led to a reduction in the proportion of stocks held by international speculative capital to a fraction of a percent.
The funds for the capital increase are still in Xing Baohua's hands. It's like a capital verification process; once verified, the money can be transferred out.
Temasek has indicated it will participate in the investment, maintaining a 5% stake.
We hope for deeper cooperation between the two groups, ideally to become strategic partners.
This is interesting.
The implication is that, should Temasek face retaliation, they hope Xing Baohua can provide support.
Well, the phrase "reciprocity" is quite apt.
After the general framework was agreed upon, and with Temasek's investment, Xing Baohua's two companies could set up branch offices in Singapore.
Furthermore, Singapore Telecom directly purchases the operation services from Hua Hong Telecom.
This is a cooperative relationship established with another country besides the desert country.
With the main framework in place, the next step is to assign people, discuss the details further, and include them in the contract.
As soon as international speculative capital flees, Xing Baohua's business cooperation with Temasek will be announced.
Positive news stimulated a stock market rebound.
Xing Baohua was talking to Temasek, while in the stock market, Temasek was also accelerating its pace of acquiring shares.
Finally, before the market closed in the afternoon, they acquired 5% of the shares in two listed companies under Huahong.
Huahong quickly submitted the prepared documents and applied for a one-day suspension of trading.
The thuggish tactics were displayed to the fullest extent.
International speculative investors could only watch them play around, completely powerless to do anything about it.
Fortunately, the average price had been driven up beforehand. If we could sell quickly at the opening, the losses might have been reduced.
Many speculators sought to meet Xing Baohua, and some even tried to use connections to find a way to do so.
Xing Baohua refused to meet with anyone.
When they beat him, they were ruthless, and he didn't even bother to say hello. Now that they're cornered, they want to beg for peace? No way.
If we don't make you pay until you're spitting blood, you won't know what a lesson is.
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