We're building a super chaebol in Hong Kong
#104 - Su Group acquires full ownership of ATV
At the same time, Yang Chaoye, the president of the Su Corporation, also received a message from Lin Xiufeng, the chairman of Bainingshun Group.
After two days of processing, the equity of the other shareholders of Jiayi TV station could finally be handled by Lin Xiufeng alone.
The other shareholders were also very shrewd. If it wasn't handled, the equity contract would become a worthless piece of paper.
These shareholders were all powerful figures in Hong Kong, and their news was naturally well-informed. Jiayi was about to close down and go bankrupt, which was basically unavoidable.
If it was sold to Lin Xiufeng, they could at least get back one or two million.
This amount of money was neither too much nor too little.
At least they wouldn't lose everything in their investment in Jiayi TV station. Getting back a little was better than nothing.
Upon receiving the news, Yang Chaoye directly contacted Lin Xiufeng to discuss matters related to the equity transfer.
They finally agreed that the equity transfer ceremony would be held on the morning of July 28th.
As a media organization, there was no need to invite other media to such a transfer ceremony, after all, they were in that business themselves.
However, Yang Chaoye still chose to have Lin Xiufeng invite various media to participate in the equity transfer ceremony.
Because he felt that this was also a good opportunity to draw everyone's attention to Jiayi TV.
After all, this was a 100% equity acquisition, completely changing the boss.
Such gossip news, it was believed, was something everyone in Hong Kong wanted to know about.
Taking advantage of this heat, if Jiayi TV had good programs, it would be able to instantly seize a lot of viewership ratings. If it could maintain this, it wouldn't take long for Jiayi TV to lead in viewership ratings over the other two TV stations.
Soon, Hong Kong media all received an invitation letter from Lin Xiufeng, the chairman of the board of directors of Jiayi TV station, inviting them to attend a press conference at 10:00 am on July 28th.
As soon as this news came out, it quickly spread throughout Hong Kong.
Because now could be said to be a critical moment for Jiayi TV.
Many people speculated, could this be a press conference where Jiayi TV announced the closure of the TV station?
After all, the current situation of Jiayi TV was obvious to all.
Starting in early July, everyone at Jiayi TV was working very hard, hoping to turn the tide of the TV station's situation, but the result, as everyone knew, was very unsatisfactory.
In this situation, it would be normal for Jiayi TV to go bankrupt.
Now, if Jiayi TV really went bankrupt, then TVB and RTV would be equivalent to losing an important competitor, how could they not be happy!
Many small newspaper articles in the news publications on the 27th directly listed Jiayi TV's recent situation, which made it even clearer that Jiayi TV was about to close down.
This, perhaps, was Jiayi TV's last press conference.
Therefore, even TVB and RTV, these two competitors, decided to send reporters to attend the press conference on the 28th.
They looked forward to witnessing this historical moment, just like when Jiayi TV was launched, this was destined to be an important moment for Hong Kong television.
Soon, the time came to the morning of July 28th.
Su Cheng also went to the Jiayi TV headquarters building.
Although he only used 10 million Hong Kong dollars to buy it, Su Cheng did not underestimate Jiayi TV.
This would be a relatively important part of his layout for developing Hong Kong enterprises.
Developing Jiayi TV would be of great benefit to both the Su Corporation and Hutchison Whampoa.
When Su Cheng arrived at the Jiayi TV headquarters, Yang Chaoye was already there.
After Su Cheng, Yang Chaoye, and Lin Xiufeng greeted each other, they walked into the hall where the press conference was about to be held.
Here, Su Cheng also met Liang Shuyi, Shi Shaoming, and others known as the "Six Gentlemen of Jiayi."
Obviously, Yang Chaoye should have been in contact with them before today, so at this time, the "Six Gentlemen of Jiayi" had calm expressions on their faces, without a trace of worry.
In the past few months, Su Cheng's reputation had reached the point where almost everyone in Hong Kong knew him.
Acquiring Kowloon Wharf shares, taking over Hutchison Whampoa, privatizing Hutchison Whampoa, planning to invest 10 billion to build a Hong Kong oil base, etc., any one of these things was shocking news in Hong Kong, and Su Cheng had repeatedly shocked the entire Hong Kong, so it would be difficult to find someone in Hong Kong who didn't know Su Cheng.
Therefore, everyone greeted Su Cheng when they saw him.
The "Six Gentlemen of Jiayi" were even more optimistic about the future of Jiayi TV.
Who was Su Cheng? He was one of the top tycoons in Hong Kong. Although his reputation internationally could not compare with Bao Zhaolong, if you only calculated assets, no one thought Su Cheng would be much worse than Bao Zhaolong.
The newest novels are first published at Liu Jiu Shu Ba!
Full ownership of Hutchison Whampoa!
A 10 billion investment in the oil industry!
With such a boss backing them, why worry about Jiayi TV going bankrupt?
Around 9:00 am, media outlets successively arrived at the Jiayi Building.
But when they arrived here, they increasingly felt that the situation seemed a little wrong.
Wasn't it said that Jiayi TV was about to close down?
Wasn't it said that Jiayi TV was holding a press conference today to announce its closure?
But the scene didn't look like it at all!
Moreover, who did they see? Wasn't that Su Cheng, the newly promoted business tycoon in Hong Kong? Why was he here?
The reporters at the scene looked puzzled. Su Cheng was the owner of Hutchison Whampoa. How could such a big shot attend a bankruptcy press conference!
It seemed that today's press conference was not about bankruptcy, but was related to Su Cheng!
Many people had already thought of the key to this.
Looking at the time, it was almost ten o'clock, Su Cheng, Lin Xiufeng, Yang Chaoye and others came directly to the rostrum.
Su Cheng mainly played a supporting role this time, which indirectly made the equity transfer event more attention-grabbing.
This was called the celebrity effect.
As the chairman of Jiayi TV, Lin Xiufeng directly began to announce: "Today, there is a very important thing to announce to everyone. Su Corporation will fully acquire 100% of the equity of Jiayi TV station. As the current chairman of Jiayi TV, I sincerely wish Jiayi TV a better development in the future. Next, I will represent all shareholders of Jiayi TV to sign the equity transfer contract with Su Corporation."
As soon as these words came out, although some people had thought of this possibility when they saw Su Cheng, they couldn't help but be shocked after the news was confirmed.
Su Cheng was actually going to enter the television industry?
The television industry was about to change!
Who didn't know that Su Cheng had a lot of money!
With his entry, the television industry seemed to be undergoing a major reform.
Laymen laughed and watched the excitement, but the reporters from TVB and RTV didn't look so good.
Everyone thought that Jiayi TV could not escape the fate of bankruptcy this time, who knew that it would hug a big leg in the blink of an eye?
Since Jiayi TV was acquired by Su Corporation, Yang Chaoye, as the chief executive officer of Su Corporation, would represent Su Corporation to sign this contract with Lin Xiufeng.
Soon, there were two more contracts in front of Lin Xiufeng and Yang Chaoye.
After signing these two contracts, Lin Xiufeng did not stay any longer, but directly left the scene.
His era had come to an end.
At this moment, Yang Chaoye announced with a smile on his face: "From today onwards, Jiayi TV station will become a subsidiary company under Su Corporation, and I, Yang Chaoye, will serve as the chairman of Jiayi TV station!"
Under the rostrum, warm applause swept the audience like a storm, and everyone applauded for this historic moment.
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