Chapter 404 Interesting Insider Trading
A huge investment plan like this also involves public projects, which in Western countries need to be approved by the parliament. Therefore, the county council of Hampshire now needs to be approved by the city council. In the future, becoming a single management district will require approval by the city council.
Obviously, the vast majority of the council members of the county council have nothing to do with Portsmouth. As long as it is beneficial to the local economy, it is easy to obtain approval. However, it is replaced by the city council? To put it in an old saying - most of those council members are spokespersons of capitalists. With a new commercial center, what should capitalists in those old commercial centers do? Don't mess up? Is it worthy of the people of the motherland? Anyway, it's very easy to fool those people who vote, what environmental protection is! What transparency is! If it's not really useless, and treat feminism, homosexuality or animal protection as reasons, there is no problem at all.
It feels ridiculous? In fact, every party in this project is good. Portsmouth can achieve development, citizens can obtain job opportunities, clubs can obtain new stadiums, Hofkin and others can obtain economic benefits, and even the mayor can obtain political achievements, which is conducive to his re-election. However, once democracy comes, troubles happen everywhere.
I can only sigh that the politicians in Europe, America and the West are increasingly playing the rules of the game. They have long left the advantages of democracy aside. And using democracy to make profits for themselves? They are becoming more and more casual. A great thing is not feasible, and it has become an interesting "insider trading"? It is really speechless.
What’s even more ridiculous is that the Chinese people are still very eager for such a “paragraph” at this time. This is even more so on Su Dong. However, it doesn’t take many years to check out the Milk Powder Port and Tea Egg Island! Their performance will be the best negative textbook.
Jing Jian would not care about the disadvantages of the British system. After hearing this, he weighed it and felt that there would be no major problems. However, self-protection is still needed. Nodded, Jing Jian smiled and said, "I don't need any shares. I plan to own a warehouse store in the commercial center and a full-ownership cinema. I can buy it at a cost price. I will also cooperate with the publicity. White Lotus UK headquarters will be located in Portsmouth, and there will be no less than 200 long-term employees in the next five years."
Anyway, if something happens, Jing Jian will buy it with money, and there will be no handle on the transaction content. Insider trading? If you don’t go to the developer, why do you look for our owners? Are you full?
Hoffkin was quite satisfied. Unexpectedly, he got more than expected: "We have contacted him. Another major shareholder of Daobao Cinema is also willing to transfer, 2.75 pounds per share, accounting for 34.7% of the total share capital. Do you want to reduce your holdings part of the holdings? Or do you want to exceed 51%? If the premium is 50%, you will need at least 80 million pounds." The British stock market stipulates that major shareholders who exceed 33% will either reduce their holdings to less than 33%, or forcefully increase their holdings to more than 51% of the simple majority.
"It's still 51%. " Jing Jian decided to say. Although the value of theaters is a bit inflated, many theaters have full ownership rights in theaters. Overall, it's quite cost-effective. Besides, Daobao is a listed company, so financing or cashing is quite easy.
"Okay. This part can raise you in full. Please don't be polite." Since Jing Jian's previous choice was a bit of a loss, Hoffkin made some compensation here.
Jing Jian raised his glass with a smile: "It's a happy cooperation!"
Chapter completed!