The representatives of ICBC and Ye's family were also very troubled about the resolutions of Perlima and Tencent senior executives, but Wu Mingxuan's approach was indeed a bit too much, so let's talk about it. It is impossible for them to continue to be in opposition like this, which is of no benefit to everyone.
I originally thought that only Wu Mingxuan came here this time, but I never thought that all four forces appeared together. In addition to Wu Mingxuan, there are also Samsung Princess Li Fuzhen, Bai Bing, head of the Portuguese-Australia Bank Headquarters, and Sony Entertainment CEO Dongyue Mitsui.
Although I guessed a little reason, Perlima still pretended to be confused: Today is the shareholders' meeting, what are they?
Yesterday I transferred 85% of my shares to the Bank of Puerto Australia, the Bank of Puerto Korea Branch and the Bank of Puerto Japan Branch.
You should also understand that it is a branch, but in fact, both South Korea and Japan are joint venture banks, which is equivalent to three banks. Therefore, such a share sale complies with the process and regulations. I have already submitted relevant information on the Hong Kong Stock Exchange. Since today is a shareholders' meeting, of course all shareholders must be there, right?
Wu Mingxuan made this happen and clearly didn't want to withdraw, which made Perlima a little uncomfortable. However, he and the management have a backup plan. Anyway, they don't have many shares, and the voting rights management rights are all in their hands. If you really fall into an internal strife, the only one who suffers will be you major shareholders who invested in real money.
Tencent's current market value is close to HK$150,000 trillion, and Wu Mingxuan's 20% is worth almost HK$300 billion, so Wu Mingxuan's net worth has long exceeded US$100 billion. However, on Forbes' wealth list and some domestic lists, his net worth is not so high, only around US$80 billion, he is the richest man in Asia and the top five in the world, but he has never won the world's richest man in one time.
The most interesting thing is that the wealth of the top three is obviously much higher than that of his memory, so just look at this wealth list, that thing is a bluff.
After a verbal battle, the management team led by Perlima and the major shareholders mainly under the investment companies of ICBC and the Ye family were all very clear in their opinions and did not want to fall into internal strife to destroy Tencent, affecting Tencent's performance and subsequent dividends. So I hope Wu Mingxuan can withdraw. They can take over his shares at a reasonable price, or formulate a reasonable cash-out plan and cash out all of them within two years to withdraw from Tencent.
How could Wu Mingxuan agree? He knew Tencent’s horror and harm clearly, so he put forward a new suggestion: It is impossible to retreat. I am very interested in the shares in your hands. If you are willing, we can take out 800 billion Hong Kong dollars, which means purchasing the shares in your hands at a valuation of 2 trillion yuan.
As for the management's non-dividend distribution to increase performance incentives, and even a sharp increase in salary, I agree. It's okay, and it takes less than five, ten years, or ten years to pay no dividends. We don't care about short-term gains and losses, and it doesn't matter if the stock price is cut in half. We are optimistic about Tencent's future.
However, I want to declare that when management changes or when there is a problem of equity inheritance among major shareholders, the balance between the original management and operating rights will be broken. At that time, as controlling shareholders, we can intervene in the new round of equity distribution.
In addition, all you have is the decision-making power and management rights. It is also important that your business is legal and compliant and not intentionally infringe on the interests of shareholders. If the financial personnel and auditors who were arranged by us find similar problems, especially some corruption issues, we will deal with them seriously and then redistribute the original voting rights, which is the so-called proportion of Class A stocks.
Now it's your turn to make your choice.
Perlima was completely stunned this time, 800 billion Hong Kong dollars?
How much money does this bastard have?
However, when he thought that he had brought three banks this time, they had their own chaebols behind them, and they didn’t really have to take out the amount of US$1,000 million. After all, Wu Mingxuan must have made the big head by himself. Is this considered shooting himself in the foot?
After ICBC and the representatives of the Ye family looked at each other, they said goodbye and called to ask the people who could make decisions to see what they thought.
Judging from the current situation, Tencent is inevitably trapped in a long-term internal struggle. Wu Mingxuan clearly won’t let go, and even accepts losses and bankruptcy and needs to hold Tencent. The purpose can be said to be to limit Tencent’s development, or it can be said that he is really optimistic about Tencent. Anyway, he will never let go. If he doesn’t get it, I would rather destroy it.
ICBC and the Ye family are naturally very moved. After all, this is a cash transaction and the premium is very high. Although Tencent is indeed optimistic, the current situation has a great impact, which will definitely affect future growth and final market value.
It is foreseeable that once the relevant news comes out, the stock price will definitely fall sharply. Wu Mingxuan already has control over the shares. No matter how many shares there are, there is no dividend for ten years, and a large amount of profits and profits have to be used as performance bonuses to significantly increase employee income. How stupid people will accept this?
But the problem is that Wu Mingxuan is willing to accept it. Others do not accept that he can acquire shares at a premium. Even if he does not have the right to operate, he cannot interfere in the company's management, and he does not receive dividends. He even has to pay various financial audit supervision out of his own pocket every year.
Such ruthless people have never appeared in the history of the world economy. After all, if you have this heart, you have to have this strength. Wu Mingxuan is the only person who has both. Perlima and Tencent’s management have no other way.
Even fools can tell that ICBC and the Ye family will definitely sell it, otherwise it would be uncomfortable to continue dragging it on both sides.
However, Wu Mingxuan's last kind reminder was very effective. Tencent's management and executives immediately began to settle the bill. The fool knew that the other party was full of anger and was really caught. It was not something that could escape by saying a few good words. It would really hammer you to death and would not give you any chance to escape.
It is impossible for Perlima and the others to break the current balance because of this. Once there is a problem with management rights and management rights, Wu Mingxuan's anger is not a joke. One of them will definitely be liquidated and they will die miserably.
I originally thought that only Wu Mingxuan came here this time, but I never thought that all four forces appeared together. In addition to Wu Mingxuan, there are also Samsung Princess Li Fuzhen, Bai Bing, head of the Portuguese-Australia Bank Headquarters, and Sony Entertainment CEO Dongyue Mitsui.
Although I guessed a little reason, Perlima still pretended to be confused: Today is the shareholders' meeting, what are they?
Yesterday I transferred 85% of my shares to the Bank of Puerto Australia, the Bank of Puerto Korea Branch and the Bank of Puerto Japan Branch.
You should also understand that it is a branch, but in fact, both South Korea and Japan are joint venture banks, which is equivalent to three banks. Therefore, such a share sale complies with the process and regulations. I have already submitted relevant information on the Hong Kong Stock Exchange. Since today is a shareholders' meeting, of course all shareholders must be there, right?
Wu Mingxuan made this happen and clearly didn't want to withdraw, which made Perlima a little uncomfortable. However, he and the management have a backup plan. Anyway, they don't have many shares, and the voting rights management rights are all in their hands. If you really fall into an internal strife, the only one who suffers will be you major shareholders who invested in real money.
Tencent's current market value is close to HK$150,000 trillion, and Wu Mingxuan's 20% is worth almost HK$300 billion, so Wu Mingxuan's net worth has long exceeded US$100 billion. However, on Forbes' wealth list and some domestic lists, his net worth is not so high, only around US$80 billion, he is the richest man in Asia and the top five in the world, but he has never won the world's richest man in one time.
The most interesting thing is that the wealth of the top three is obviously much higher than that of his memory, so just look at this wealth list, that thing is a bluff.
After a verbal battle, the management team led by Perlima and the major shareholders mainly under the investment companies of ICBC and the Ye family were all very clear in their opinions and did not want to fall into internal strife to destroy Tencent, affecting Tencent's performance and subsequent dividends. So I hope Wu Mingxuan can withdraw. They can take over his shares at a reasonable price, or formulate a reasonable cash-out plan and cash out all of them within two years to withdraw from Tencent.
How could Wu Mingxuan agree? He knew Tencent’s horror and harm clearly, so he put forward a new suggestion: It is impossible to retreat. I am very interested in the shares in your hands. If you are willing, we can take out 800 billion Hong Kong dollars, which means purchasing the shares in your hands at a valuation of 2 trillion yuan.
As for the management's non-dividend distribution to increase performance incentives, and even a sharp increase in salary, I agree. It's okay, and it takes less than five, ten years, or ten years to pay no dividends. We don't care about short-term gains and losses, and it doesn't matter if the stock price is cut in half. We are optimistic about Tencent's future.
However, I want to declare that when management changes or when there is a problem of equity inheritance among major shareholders, the balance between the original management and operating rights will be broken. At that time, as controlling shareholders, we can intervene in the new round of equity distribution.
In addition, all you have is the decision-making power and management rights. It is also important that your business is legal and compliant and not intentionally infringe on the interests of shareholders. If the financial personnel and auditors who were arranged by us find similar problems, especially some corruption issues, we will deal with them seriously and then redistribute the original voting rights, which is the so-called proportion of Class A stocks.
Now it's your turn to make your choice.
Perlima was completely stunned this time, 800 billion Hong Kong dollars?
How much money does this bastard have?
However, when he thought that he had brought three banks this time, they had their own chaebols behind them, and they didn’t really have to take out the amount of US$1,000 million. After all, Wu Mingxuan must have made the big head by himself. Is this considered shooting himself in the foot?
After ICBC and the representatives of the Ye family looked at each other, they said goodbye and called to ask the people who could make decisions to see what they thought.
Judging from the current situation, Tencent is inevitably trapped in a long-term internal struggle. Wu Mingxuan clearly won’t let go, and even accepts losses and bankruptcy and needs to hold Tencent. The purpose can be said to be to limit Tencent’s development, or it can be said that he is really optimistic about Tencent. Anyway, he will never let go. If he doesn’t get it, I would rather destroy it.
ICBC and the Ye family are naturally very moved. After all, this is a cash transaction and the premium is very high. Although Tencent is indeed optimistic, the current situation has a great impact, which will definitely affect future growth and final market value.
It is foreseeable that once the relevant news comes out, the stock price will definitely fall sharply. Wu Mingxuan already has control over the shares. No matter how many shares there are, there is no dividend for ten years, and a large amount of profits and profits have to be used as performance bonuses to significantly increase employee income. How stupid people will accept this?
But the problem is that Wu Mingxuan is willing to accept it. Others do not accept that he can acquire shares at a premium. Even if he does not have the right to operate, he cannot interfere in the company's management, and he does not receive dividends. He even has to pay various financial audit supervision out of his own pocket every year.
Such ruthless people have never appeared in the history of the world economy. After all, if you have this heart, you have to have this strength. Wu Mingxuan is the only person who has both. Perlima and Tencent’s management have no other way.
Even fools can tell that ICBC and the Ye family will definitely sell it, otherwise it would be uncomfortable to continue dragging it on both sides.
However, Wu Mingxuan's last kind reminder was very effective. Tencent's management and executives immediately began to settle the bill. The fool knew that the other party was full of anger and was really caught. It was not something that could escape by saying a few good words. It would really hammer you to death and would not give you any chance to escape.
It is impossible for Perlima and the others to break the current balance because of this. Once there is a problem with management rights and management rights, Wu Mingxuan's anger is not a joke. One of them will definitely be liquidated and they will die miserably.
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