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#348 - Vice Chairman of Wharf Holdings Limited
In fact, even in his previous life, Su Cheng had heard of Wu Guangzheng.
Wu Guangzheng could be said to be the most talented of Bao Zhaolong's four sons-in-law.
Precisely because of this, he later inherited Bao Zhaolong's real estate business. Companies like Wharf and Kowloon Warehouse were all under Wu Guangzheng's name, making him the biggest inheritor of assets.
Of course, right now, he was just Bao's son-in-law, still being cultivated by Bao Zhaolong. He was not yet the head of the Xiangjiang Wu family consortium of later generations.
The three chatted as they walked into the Kowloon Warehouse headquarters building. At this time, the lobby on the first floor was basically set up.
In the very center, a press conference stage was set up. The backdrop of the stage was a very large poster with the words "Kowloon Warehouse Group Press Conference" written on it.
Back then, when Bao Zhaolong took over Kowloon Warehouse, he also set up such a press conference stage.
However, today's protagonist had changed from Bao Zhaolong to Su Cheng.
The media reporters basically arrived before 9:30 AM.
And the invited dignitaries also arrived one after another after 9:30 AM.
At 9:50, the last guest, Governor Murray MacLehose, also arrived in person.
As today's protagonist, Su Cheng and Bao Zhaolong greeted each dignitary with smiles.
The dignitaries had long known that today's protagonist was Su Cheng.
However, the media reporters were not clear about this matter.
Therefore, they were not surprised to see Su Cheng's figure here, after all, so many big shots from Xiangjiang had come.
However, the fact that Su Cheng actually greeted the dignitaries as the host made everyone unable to understand.
Moreover, Niu Bi Jian, the representative of Jardine Matheson, another major shareholder of Kowloon Warehouse, was not present.
This was a bit abnormal.
Some reporters began to speculate, and the discussions were rife.
Many people had even guessed the truth.
Could it be that this world's richest man had taken over all of Jardine Matheson Group and Hongkong Land's Kowloon Warehouse shares?
However, there was no need to guess now, because the press conference was about to begin, and the truth would naturally be announced then.
These media reporters could only be patient, standing or squatting in the media area, waiting for the press conference to begin.
In front of these dignitaries, these media reporters also had to be low-key.
Because they basically could not afford to offend any of the dignitaries present.
If they offended any dignitary, let alone themselves, even the media company behind them might be implicated.
Therefore, when major media companies sent reporters over, they all tacitly instructed their subordinates that when they went to the Kowloon Warehouse Group Building, they must be low-key. Ask questions when it was time to ask questions, don't cause trouble, and don't make any dignitary unhappy!
After Bao Zhaolong invited the dignitaries to sit in the guest seats, the time had come to ten o'clock in the morning.
Bao Zhaolong, Su Cheng, Wu Guangzheng, and a group of Kowloon Warehouse executives all sat down at the seats at the press conference.
"First of all, on behalf of the Kowloon Warehouse Group, I would like to express my warm welcome and sincere gratitude to everyone for attending this press conference! I would especially like to thank our Governor Murray MacLehose, Mr. Philip Haddon-Cave, Mr. Lee Shau Kee, Mr. Henry Fok Ying-tung, Mr. Cheng Yu-tung, Mr. Kwok Tak-seng, Mr. John Swire… for taking the time out of their busy schedules to attend our press conference. Here, I represent the Kowloon Warehouse Group to express my gratitude to everyone." Bao Zhaolong, as the Taipan of Kowloon Warehouse and the host of today's press conference, delivered a speech.
"You must be very curious, why are we holding such a press conference today? Now, I will announce the reason for holding today's press conference.
After friendly negotiations between Jardine Matheson Group and Mr. Su Cheng, Jardine Matheson Group and Hongkong Land have decided to sell all of their 29.87% stake in Kowloon Warehouse to Mr. Su Cheng. This transaction has been completed yesterday.
In other words, Su Cheng, Chairman of the Su's Group and Taipan of Hutchison Whampoa, will officially become the second largest shareholder of Kowloon Warehouse Group.
At the same time, I am here to announce that Mr. Su Cheng will serve as the Vice Chairman of the Board of Directors of Kowloon Warehouse Group, effective immediately.
Finally, on behalf of the Kowloon Warehouse Group, I welcome Mr. Su Cheng to join this big family and become a member of the Kowloon Warehouse Group. In the days to come, I hope we can work together to make the future of Kowloon Warehouse even more brilliant!"
Bao Zhaolong's speech had a very leader-like appeal. When he spoke, even though everyone was very surprised, there was not a single sound at the scene.
It was not until Bao Zhaolong finished speaking that the market erupted in thunderous applause.
In addition to the hundreds of media reporters and dignitaries from the political and business circles, more than 300 Kowloon Warehouse headquarters employees participated in this press conference.
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Therefore, the applause was very loud.
It was not until a few minutes later that the applause gradually subsided under Bao Zhaolong's restraint.
For these hundreds of media reporters, this was a very big news.
They didn't expect that there would be such explosive news today.
You must know that the entire world was filled with news about Su Cheng some time ago. It hasn't been a few days, and they didn't expect Su Cheng to make another big move and become the second largest shareholder of Kowloon Warehouse.
As for the position of Vice Chairman of the Board of Directors, Su Cheng understood Bao Zhaolong's thoughts.
Now, Kowloon Warehouse is completely under Bao Zhaolong's control. He basically has the final say in the entire Board of Directors, so there is no need to hold a Board of Directors meeting at all. Bao Zhaolong can make the decision, and at most, he will complete the process afterwards.
Giving Su Cheng the position of Vice Chairman is also the meaning of second-in-command. In fact, Su Cheng will not interfere in the affairs of Kowloon Warehouse at all. In other words, this position is just a nominal one and does not have much impact on Bao Zhaolong.
Previously, this position was held by Niu Bi Jian after Bao Zhaolong took over Kowloon Warehouse. Now, Su Cheng has taken over the shares of Jardine Matheson and Hongkong Land, and it is normal for him to inherit this position.
Su Cheng stood up and said to everyone with a smile: "Thank you everyone for coming to this press conference. I won't say much more. As a member of Kowloon Warehouse, I am very honored to be able to become a shareholder of Kowloon Warehouse Group with Mr. Bao. Kowloon Warehouse is a company with very promising development prospects. This is also the reason why I took over Kowloon Warehouse shares. Finally, I wish Kowloon Warehouse a better and better development."
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