We're building a super chaebol in Hong Kong
#304 - Acquire Hong Kong Electric Holdings shares as soon as possible
Su Cheng and Wei Li chatted at the company until lunchtime. After having lunch in the company cafeteria, they continued to tour the various subsidiaries in the afternoon under Wei Li's lead.
Su Cheng's job today was very simple. It had been too long since he had returned to Hong Kong, and this trip was mainly to understand the situation of his companies.
Although he liked being a hands-off manager, he still needed to understand the basic situation; otherwise, it would be irresponsible towards his own assets.
At three o'clock in the afternoon, Su Cheng bid farewell to Wei Li and had the driver take him to Tianyuan Investment Company in North Point.
Although Su Cheng had taken Zhang Qizheng and a dozen traders to the United States, there were still many staff members at the Tianyuan Investment Company headquarters in Hong Kong, as well as a deputy general manager and several senior executives responsible for managing all the company's affairs.
Therefore, Zhang Qizheng's short-term departure from Tianyuan Investment Company was not a problem at all.
Arriving at Tianyuan Investment Company, Zhang Qizheng happened to be returning from outside. The two then went to Zhang Qizheng's office together.
After arriving at the office and Su Cheng sat down, Zhang Qizheng took a notebook and handed it to Su Cheng, saying, "This is the company's current shareholding situation."
Zhang Qizheng naturally knew why Su Cheng had come, so there was no need for Su Cheng to personally instruct him.
This was the tacit understanding between them. After working together for more than five years, Zhang Qizheng already understood Su Cheng's personality very well.
Su Cheng nodded and opened the notebook to read.
In Hong Kong, the privatization of Hutchison Whampoa had already been completed, and the 'stock market nail house' had also been resolved, so now he held 100% of the shares.
Su Cheng held 100% of Tianyuan Investment Company, and Tianyuan Investment Company directly held Hutchison Whampoa. Tianyuan Investment Company only had a nominee shareholder role and had no right to manage Hutchison Whampoa!
In addition, ATV (Asia Television), 100% shares.
Hong Kong Electric Group, 19.87% shares.
Ka Wah Bank, 100% shares.
Wing Hang Bank, 100% shares.
Lai Sun Cinema Company, 100% shares.
Lido Theatre Company, 100% shares.
Intel, 57.75% shares.
Nami Entertainment Company, 100% shares.
Philip Morris, 5.61% shares.
Coca-Cola, 2.83% shares.
Pepsi Cola, 3.33% shares.
Procter \u0026 Gamble, 7.61% shares.
......
Now, through Tianyuan Investment Company, Su Cheng already held shares in many companies with very promising futures.
Of course, the vast majority of these were not held directly in the name of Tianyuan Investment Company, but indirectly controlled through shell offshore companies.
Therefore, basically no one could find out that the current strength of Tianyuan Investment Company was actually so strong.
Lido Theatre Company was acquired by Zhang Qizheng from Lei Juekun after multiple negotiations through the introduction of Lam Bak Nin.
Now, Su Cheng's cinemas already numbered 22, even more than the Golden Harvest and Shaw Brothers circuits.
Golden Harvest had 19 cinemas, while Shaw Brothers had 16.
Therefore, Su Cheng's cinemas were already ranked first in Hong Kong in terms of quantity.
Su Cheng quietly looked at the information in the notebook, while Zhang Qizheng waited on the side for Su Cheng to ask questions.
"Uncle Zhang, what is the current situation of Hong Kong Electric Group?" After about twenty minutes, Su Cheng finally closed the notebook and looked up to ask Zhang Qizheng.
The last time he checked, Tianyuan Investment Company controlled about 10% of the shares of Hong Kong Electric Group. Now it was almost 20%. It could be said that the speed of secretly acquiring shares of Hong Kong Electric Group was very fast.
"Hong Kong Electric Group, like other stocks during this period, has been affected by the international oil crisis. The price has not seen any major gains, but has been falling.
In order to prevent the senior management of Hong Kong Electric Group from discovering our actions, our traders have been very careful when acquiring shares of Hong Kong Electric Group. Therefore, it is still less than 15%. If we swept away all the stocks on the stock market at once, our holdings of Hong Kong Electric Group shares would have exceeded 30% long ago.
However, you said, boss, that we should wait until we hold more than 50% before interfering in the affairs of Hong Kong Electric Group. Before that, it is best not to let them discover our ambitions, so our acquisition has always been unhurried," Zhang Qizheng reported.
"Well, expedite the acquisition of Hong Kong Electric Group shares as soon as possible without being discovered. If you have time, you should personally preside over it, after all, you have more experience," Su Cheng said with a smile.
The land of Hong Kong Electric Group was very attractive to Su Cheng. As long as he took down Hong Kong Electric Group, then the land of Hong Kong Electric Group in North Point, Central, Sheung Wan, Tsuen Wan, Stanley, etc., would naturally belong to Su Cheng. Wouldn't it be a big profit to develop real estate or properties with these lands in the future!
"Okay, I will personally trade this matter, but the company's funds are not very sufficient at present, which is a problem," Zhang Qizheng said directly.
With the stock market's volatility, the total stock market value of Hong Kong Electric Group has fallen from more than 3.7 billion Hong Kong dollars to about 3.5 billion Hong Kong dollars.
The money Su Cheng earned in the stock market in the United States, apart from the portion spent in the United States, most of the remaining amount had been transferred to Tianyuan Investment Company's account.
And a large part of this money was used by Tianyuan Investment Company to acquire shares of Hong Kong Electric Group during this period.
Otherwise, it would have been impossible for Tianyuan Investment Company to control 19.87% of Hong Kong Electric Group's shares now.
Nearly 20% of the shares, equivalent to the current market value of Hong Kong Electric Group shares held by Su Cheng at about 700 million Hong Kong dollars.
Su Cheng's capital inflow during this period was not much. Apart from the 200 million US dollars earned in the stock market in the United States, there was nothing else.
Of course, during this period, Su's Group's Oracle Computer Company, various subsidiaries, and Hutchison Whampoa's various subsidiaries were all making crazy profits relying on the Oracle brand experience stores.
Therefore, the accounts of Su's Group and Hutchison Whampoa Group were very well funded.
It was just that it was not yet time for the year-end accounting, and Su Cheng was struggling whether to transfer a portion of funds from the two groups for use.
"How much money is left in Tianyuan Investment Company's account?" Su Cheng asked.
"Chief Financial Officer Heli reported to me yesterday that there is currently 108 million Hong Kong dollars in the company's account. If we continue to acquire Hong Kong Electric Group, it will not last long," Zhang Qizheng said.
"There is still 100 million? Then it's okay, you continue to acquire, and tell me when the money is all spent." Hearing that there was still 100 million Hong Kong dollars in the company's account, Su Cheng immediately felt relieved.
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