We're building a super chaebol in Hong Kong
#1035 - Reaching consensus
During this period, it seemed as if the god of fortune was particularly fond of him, and good things came one after another like a tide, making Su Cheng a little caught off guard. He couldn't help but wonder: Could it really be that his luck had turned?
However, no matter what the reason behind this sudden good fortune, Su Cheng understood that this was an opportunity worth cherishing.
Especially when facing the shares in Li Jiacheng's hands, he was even more determined to take them into his possession.
Su Cheng had a clear understanding of Li Jiacheng's abilities. This business tycoon was known for his courage and strategy of 'a snake swallowing an elephant,' and he could often reverse the situation at critical moments.
Although on the surface, Su Cheng's capital strength far exceeded Li Jiacheng's, he was also very clear that the business world was unpredictable and full of variables.
What particularly worried Su Cheng was that if Li Jiacheng took the lead in persuading John Madden and getting this key figure to voluntarily transfer the Wharf Group shares held by his family to him, then even if Su Cheng had abundant funds, he would lose the qualification to compete for control of the Wharf Group.
After all, Wharf Group's shares not only represented wealth but also control over the group's actual operations.
Although this possibility seemed slim, Su Cheng knew that there was no absolute security in the business world, and any negligence could lead to complete defeat.
Therefore, he decided not to take the risk and decisively take action to buy the shares in Li Jiacheng's hands to ensure that he occupied a favorable position in the future layout of Wharf Group.
Once he successfully purchased the shares in Li Jiacheng's hands, it would be equivalent to eliminating his idea of further infiltrating Wharf Group from the root.
Therefore, this transaction was imperative for Su Cheng.
"Mr. Li, I'll be frank, I am indeed very interested in these shares. I wonder what price you plan to sell them for?" Su Cheng asked directly and sincerely, his eyes revealing the importance he attached to this transaction.
Li Jiacheng smiled slightly upon hearing this, but he couldn't hide a trace of helplessness: "Mr. Su, I'm considering using yesterday's market closing price as the transaction benchmark. After all, we started planning for this two years ago, but we failed to achieve our wish and wasted our time in vain.
I hope to make up for some losses from this transaction and earn a little price difference, so that I can have a more satisfactory explanation in front of the board of directors."
Su Cheng nodded in understanding after listening: "Mr. Li is right. It is indeed fair and reasonable to trade according to the current stock price. I accept your proposal, and this transaction is settled."
Su Cheng demonstrated his decisiveness and resolution in handling this matter.
In his opinion, being able to obtain Wharf Group's shares so smoothly was already a pretty good result.
Recalling the high price that Bao Yugang paid to acquire Wharf two years ago, and then comparing it with this transaction, one would not feel that the price was high.
At that time, Wharf's stock price was炒得极高 (speculated to a very high level), even reaching an astonishing level of more than HK$100 per share.
However, Su Cheng clearly knew that Wharf's actual value was far less than this.
In comparison, his current acquisition of Wharf Group's shares at a relatively reasonable price was undoubtedly a more cost-effective transaction.
For Su Cheng, this acquisition not only further consolidated his position in the Hong Kong business community but also laid a solid foundation for his future business layout.
He believed that with the passage of time and changes in the market, the value of Wharf Group would be more fully reflected.
Today, Wharf Group's market value has steadily exceeded the HK$2 billion mark, which is undoubtedly a very attractive cake for Su Cheng.
Once he successfully acquired the 9.7% stake in Li Jiacheng's hands, he would hold a total of 21.5% of Wharf Group's shares, which undoubtedly added a significant weight to his voice within Wharf Group.
With such a shareholding ratio, although there was still no possibility of challenging John Madden's position in Wharf Group, he was already standing in an important strategic position.
He could very well unite with other shareholders to jointly confront or influence the decisions of John Madden and other management.
As for Li Jiacheng, he originally thought that this transaction would be a difficult negotiation, but he did not expect Su Cheng to agree to his conditions so easily.
This surprised him, and he couldn't help but have a new understanding of Su Cheng's determination and courage.
He had realized that Su Cheng's desire for Wharf Group far exceeded his imagination and had reached the point where he was determined to win.
Therefore, it was obviously very unwise for Cheung Kong Holdings to compete with a business tycoon like Su Cheng at this time. The sooner they withdrew, the better the outcome for Cheung Kong Holdings.
The most ⊥ new ⊥ small ⊥ say ⊥ is ⊥ at ⊥ six ⊥ 9 ⊥ ⊥ book ⊥ ⊥ bar ⊥ ⊥ first ⊥ send!
With this complex psychology, Li Jiacheng finally reached this transaction with Su Cheng.
Although he was unwilling, he also understood that sometimes letting go was a wise choice in the business world.
What's more, through this transaction, he could also obtain a considerable income from Su Cheng, providing more financial support for his future development.
For Su Cheng, this transaction was undoubtedly an important victory in his business expansion.
He believed that in the days to come, he would be able to play a greater role within Wharf Group with these shares.
"Well, Mr. Li, since we have reached a consensus, why don't we take advantage of the good weather now and finalize this transaction as soon as possible!" Su Cheng said with a smile, his tone revealing an unquestionable decisiveness.
"Mr. Su is right, straightforward people do straightforward things. I will arrange for my team to come over and ensure that all procedures are carried out smoothly." Li Jiacheng also expressed his approval with a hearty response, and the tacit understanding and trust between the two reached a unified point at this moment.
Subsequently, both parties summoned their respective assistants and legal teams to prepare for this important transaction.
Su Cheng contacted Zhang Qizheng, a capable general of Tianyuan Investment Company, as soon as possible, who had rich experience in handling such equity transactions.
In addition, Wharf Group's shares were registered under Tianyuan Investment Company, so it was naturally most appropriate to contact him.
Su Cheng briefly explained the situation on the phone. After listening, Zhang Qizheng immediately understood the urgency of the matter and said that he would set off immediately. (End of this chapter)
You'll Also Like
-
All heavens return
Chapter 619 1 days ago -
Naruto: A pair of hands of gods and ghosts at the beginning
Chapter 266 1 days ago -
The first genius of American manga
Chapter 392 1 days ago -
Marvel's strongest warden
Chapter 448 1 days ago -
Konoha's Black Absolute Rebirth
Chapter 54 1 days ago -
Am I doing something wrong while playing games in another world?
Chapter 216 1 days ago -
Harry Potter Raven's Claw
Chapter 651 1 days ago -
I don't believe in the will of fire
Chapter 259 1 days ago -
HP Approaches the Magic World
Chapter 918 1 days ago -
My elf is a beautiful girl
Chapter 229 1 days ago