Rebirth of the Strongest Tycoon

Chapter 1366 The Great Change in Hongsu

"Shocked, on Tuesday morning, Wheelock Shipping Company submitted a voluntary delisting application to the Hong Kong Stock Exchange and the Hong Kong Securities and Exchange Commission..."

"Following the full payment of a fine of HKD 11.5 million on March 27, Wheelock Shipping has undergone great changes again..."

...

Wednesday, April 10.

Xia Yu browsed the newspaper while drinking tea leisurely.

There was an inexplicable smile on his mouth.

That's right, the privatization of Wheelock Shipping Company was his handwriting, but there was no report in the media, and no Chinese in Hong Kong knew about it.

After all, the main body of delisting and privatization is Australian Toll Corporation.

The reason why Toll Company came forward, Xia Yu also considered many aspects.

The most direct one is to save the cost of delisting.

The harm caused by the financial fraud of Wheelock Shipping Company is extremely far-reaching. If Xia Yu does not interfere, the share price of Wheelock Shipping Company will not be able to go out within a few years.

In the past three months, the share price of Wheelock Shipping Company was very sluggish. At the lowest point, the market value fell to 4.22 billion Hong Kong dollars, which was less than 1.5 times the company's net assets.

And because of Toll's high shareholding in Wheelock Shipping Company, no institution is willing to speculate on this stock, and the trading volume is naturally stagnant.

But if a company with the halo of Xia Yu's Jiuding Consortium obviously dares to come forward to receive shares, then the backwater stock will definitely explode again. This is the appeal and influence of the Jiuding Consortium.

Xia Yu didn't want to look too ugly, so the price for coming forward would be an extra HK$1 or 2 billion. Although he had a lot of money, it wasn't from the wind, so he couldn't waste it like that.

It would be better to have Toll privatized, at the lowest cost and without the imagination.

Secondly, Toll Company already needs Wheelock Shipping Company to supplement its international business territory. Anyway, Toll Company is already its own, so it is also the best choice for it to completely annex Wheelock Shipping Company.

Again, it involves a deeper consideration.

His prestige in Xiangjiang is already at its peak, and secretly I don't know how many people call him the King of Xiangjiang. Some things are too much. Even if he can't hide from everyone in the future, he has to do superficial work.

He had killed three of the four major British consortiums that originally ruled Xiangjiang, and he also took care of the Kadoorie family. Now if Wheelock is also completely swallowed up by him, it would be too much.

There are many benefits to having Toll annexation,

This company is from Australia, and the Bright Fund behind Toll is a British capital giant. If Xia Yu lets Jiuding Consortium cooperate with Wheelock Shipping Company, it will be a powerful alliance from the outside world. Wheelock Shipping The return of the business company will be better and safer than directly under the Jiuding Consortium.

Anyway, the money is all in his hands, and there is no difference in essence. The big deal is to invest in some stocks to do superficial work in the future.

In the next nearly half a month, Wheelock Shipping Co. repurchased all shares at a price of 3 Hong Kong dollars per share.

This price is a little higher than the lowest stock price in March, and on the surface it is not black. For investors, the stocks they hold can be unraveled.

The entire process of delisting and privatization cost Toll a total of HK$1,915.98 million.

With the acquisition of Wheelock Shipping Company, the other five listed companies in the Hong Kong stock market have also acquired it.

Although the five companies have not been privatized, they have completed holdings.

Wheelock Shipping Company holds 27.8% of United Dock Company, 38.2% of Real Estate Trust Company, 42.7% of Lane Crawford Retail Company, 44.5% of Commonwealth Real Estate Company, and 27.9% of Heung Kong Undersea Tunnel Company.

On the other hand, the Jiuding Consortium privately holds 33.4% of the equity in these five companies.

So in fact, for these five companies, the shareholding ratios are 61.2% in United Dock Company, 71.6% in Real Estate Trust Company, 76.1% in Lane Crawford Retail Company, 77.9% in Federal Real Estate Company, and 61.3% in Heung Kong Undersea Tunnel Company.

Three of them have achieved absolute control, and the other two are a little worse.

Considering that both United Dock Company and Xiangjiang Subsea Tunnel Company have a strong strategic complementary role to his business territory.

Xia Yu simply gave instructions to let the following increase their stakes in these two companies by 6% each, and just cross the absolute control line.

At this level, his Jiuding consortium has been deeply tied to Xiangjiang. Unless there are special circumstances, he will not easily privatize the company, and will even continue to take out some non-core companies to go public in the future. Promote the development of Hong Kong's financial industry.

...

The beginning of 1985 was a watershed moment for major changes in the world.

In the past March, the capital's attention has been attracted to Australia in the southern hemisphere, but the political attention has almost been focused on the northern hemisphere, the world's largest alliance.

On March 10, Konstantin Chernenko of Hongsu died of illness, only thirteen months after he took over.

Also on the second day, with the support of Andre and others, the famous Ge Shi was elected as the new leader of Hongsu at the very plenary meeting of Hongsu.

A phased shuffle began within Hongsu.

European and American countries are doing their best to find out the inside story of Hongsu, and Xia Yu is naturally paying attention, but he did not let Luo Wang take drastic measures.

Knowing the trend, he was not stupid enough to provoke KGB on Hongsu's territory at this sensitive period, he just learned about the situation through the media.

More than a month passed.

Finally, on April 23, another extremely important thing happened to Hongsu.

On this day, in Moscow in Hongsu, Gordon, who had been in office for more than a month, completed the handover of power and finally presided over the first Central Plenary Session.

At the meeting, Gordon made a report on "Convening the 27th Routine Congress of the Soviet Union and the tasks related to the preparation and holding of the Congress", focusing on the problems existing in Hongsu, and pointed out that Hongsu From the late 1970s to the early 1980s, the trend of overall stagnation was analyzed, and the "impediment mechanism" affecting the development of Hongsu was analyzed, and the "strategic conception of accelerating the social and economic development of the country" and the task of comprehensive reform were put forward.

The democratization and market-oriented reform of Hongsu has finally announced its beginning to the world!

This meeting was highly praised by European and American media, and European and American countries gradually breathed a sigh of relief.

Su Hong chose to reform, which means that Hong Su chose to ease relations with the West and other countries, and her foreign policy will also change.

The competitiveness of Hongsu and the United States eases, and the global tension will naturally ease.

And for Xia Yu, it was finally the right time for him to make arrangements for Hongsu.

So without saying a word, he summoned his eldest brother Ma Qianjun, waved his hand, and once again allocated one billion Hong Kong dollars to Luo Wang as the fund for Luo Wang's aggressive march into Hongsu.

After that, Xia Yu provided 200 million US dollars of funds to Blackwater International in the United States, and issued instructions for Su Hong's layout.

After completing the layout, Xia Yu took Elena's private jet, the Tulip, to London...

(End of this chapter)