Chapter 99: Boss, why did you think of buying Jiayi TV Station?
Buying Jiayi TV station with 10 million may not be worth it to others, but for Sucheng, it is very worth it.
Governor Maliho promised that Jiashi could run two channels, the disadvantage of educational programs would no longer pose a threat to Jiashiyi TV.
"Are Mr. Lin confident to convince other shareholders?" Su Cheng asked.
"Mr. Su, I'm not afraid to tell you the truth. Our Jiashi shareholders' meetings have been held frequently in the past few months to discuss how to solve Jiashi's problem, or whether it is possible to sell Jiashi.
Since December last year, the Governor and the Administrative Bureau have ordered the TV Advisory Committee to investigate our Jiashi, believing that it was a violation of the rules for Ho Zuo to sell his shares to me. Whether it is Jardinet, Sing Tao Daily, Overseas Chinese Daily, etc., they have completely lost confidence in Jiashi, but I have been investing in funds to support it.
Last month, they even asked me if I wanted to collect the equity in their hands and they sold it at a low price. But I felt that the Hong Kong Governor's Office had targeted me. If I had completely controlled Jiashi 100% of the shares, the government would be even more unlikely to allow Jiashi to survive, so I rejected them.
So, there is no need to worry about this problem. Mr. Su, don’t worry, I can handle it in at most two days. At that time, Jiashi will completely belong to Mr. Su. Otherwise, we will write a purchase intention contract first, and the breacher will need to pay compensation?" Lin Xiufeng said directly.
In order to prevent Su Cheng from changing his mind later, he even wanted to write the compensation for breach of contract into the contract.
He also wanted to sign a formal equity transfer contract directly, but there was still a small part of the equity that had not been settled. Even if Lin Xiufeng was anxious, there was no way, so he could only sign a purchase intention contract to decide on this matter first to avoid accidents.
"No problem. Since that's the case, let's sign the purchase intention contract today. The penalty for liquidated damages is not a problem. Whether it is five million or ten million, you can write as much as you want." Su Cheng smiled.
However, he himself was not afraid of Lin Xiufeng's regrets, because there was no longer anyone who wanted to take over it except Sucheng, Jiayi TV Station.
Without Maliho's promise, Sucheng would never have bought Jiashi, because even if such a restricted TV station could develop, it would be difficult to compare with the other two TV stations.
"Okay, please wait, Mr. Su, I'll let the lawyer plan the contract." Lin Xiufeng wanted to ask Su Cheng to sign the contract immediately, and quickly get rid of Jiashi, a hot potato.
"Mr. Lin's phone number is used for me. I'll ask the president of Su Group to come over and ask him to sign a contract with you on behalf of Su Group." Su Cheng said with a smile.
Since he said that he would attribute Jiasi to the Su Group, Su Cheng would not regret it. It would be better to let Yang Chaoye come over and deal with it better. Then he would just accept it and let him deal with it directly.
"Mr. Su can use it casually." Lin Xiufeng nodded and then he went out to notify the legal counsel of Bainingshun Group.
Su Cheng called Yang Chaoye who was in the Su Group.
"Mr. Yang, I have almost finished the TV station. Come to the Bainingshun Group Building in Kowloon. If you have any questions, you need to contact us and bring the group's lawyer and official seal here." After the phone was connected, Su Cheng said directly.
"Bainingshun Group Building? Okay, I'll set out now." Yang Chaoye was a little doubtful after hearing this, but he didn't say much.
After all, he has been in Xiangjiang for a short time, so he naturally doesn't know Lin Xiufeng of Bainingshun Group, so he didn't expect that the TV station his boss bought for him was actually Jiayi TV.
It doesn’t take long to come from the Su Group Building. You can quickly reach the Bainingshun Group through the Hung Hom Underwater Tunnel.
So, about twenty minutes later, Su Cheng met Yang Chaoye who was coming hurriedly.
"Boss." As soon as we met, Yang Chaoye and his lawyer greeted him.
"Thank you for your hard work, sit down first." Su Cheng smiled.
Then, Su Cheng briefly introduced what happened today to Yang Chaoye and the legal counsel of the Su Group.
It takes some time to fit the contract, and Lin Xiufeng has not come back yet.
When I came here, I finally saw Lin Xiufeng walking into the office with a middle-aged man wearing glasses. I thought this was the lawyer of Bainingshun Group.
"I'll introduce you to you. This is Mr. Yang Chaoye, the president of our Su Group, and this is Mr. Lin Xiufeng, chairman of Bainingshun Group." Su Cheng introduced each other to Lin Xiufeng and Yang Chaoye respectively.
"Hello."
"Hello."
The two shook hands with each other, saying hello.
"This is our preliminary contract. Please read Mr. Su and Mr. Yang. If you think there is anything unreasonable, we can modify it immediately." Lin Xiufeng handed over two first drafts of the contract.
After Su Cheng took it, he handed one to Yang Chaoye and read the other one by himself.
There is actually not much content in the contract.
1. Su Group purchased 100% of the equity and assets of Jiayi TV Station for HK$10 million.
2. The equity of other shareholders is negotiated by Lin Xiufeng and has nothing to do with Su Group.
3. If one of the parties is unable to complete or chooses to breach the contract, the breach of contract will pay HK$5 million to the other party.
Su Cheng didn't even need to show it to the lawyer, so he knew there was nothing wrong with this contract.
However, he still handed the contract he had read to the legal counsel of Su Group.
After Yang Chaoye finished reading the contract, his brows frowned and said directly: "Boss, why did you think of buying Jiayi TV station? You must know Jiayi..."
"No need to ask too much. You signed this contract on behalf of the Su Group today. I will tell you again, I won't cheat you." Su Cheng patted Yang Chaoye on the shoulder, interrupted him directly, and said with a smile.
Of course he knew what Yang Chaoye wanted to say, but this is not a good place to explain.
Lin Xiufeng paused after hearing Yang Chaoye's words, for fear that they would like to repent.
However, when he heard Su Cheng's words, he felt relieved.
Yang Chaoye has been in Xiangjiang for almost a month, and the couple often watch TV. Naturally, they know Jiayi TV and are also very clear about the disadvantages of Jiayi TV.
Since Su Cheng said this, he did not ask any more. After all, Su Group is Su Cheng's own industry. After this period of contact, he did not think that Su Cheng would mess around.
"Boss, Mr. Yang, there is only one place to change the contract, that is, add a transaction time. For example, within two days or three days, both parties need to sign a formal equity transfer contract, otherwise it will be directly considered a breach of contract." said the legal counsel.
"Well, Mr. Lin should have heard it?" Su Cheng smiled and handed the first draft of the contract back to Lin Xiufeng.
"This is our negligence. Let's change it immediately. Then let's go into the industry for five days. Mr. Su has no objection, right?" Lin Xiufeng said.
Although he was confident, he was afraid that he would not convince other shareholders in two days, but in five days, he would be relieved.
"Okay, you will only be within five days. In addition, for subsequent transactions, Mr. Lin can just connect with President Yang of our Su Group." Su Cheng said directly.
There is not much difference between two or three days and five days for Sucheng.
After another half an hour, the two parties finally signed the contract.
At this moment, Lin Xiufeng felt that the mountain pressing above his head was finally gone, and he felt much more relaxed.
Jiashi has become his heart disease, and now he has decided to sell Jiashi, which can be regarded as a solution to his heart disease.
Chapter completed!