We're building a super chaebol in Hong Kong

#364 - When did you take over Hong Kong Electric Group?

In the evening, after saying goodbye to Yang Chaoye, Su Cheng left the Su's Group Building and went straight home.

Today, in addition to attending the groundbreaking ceremony in Tseung Kwan O, he also inspected the various subsidiaries of the Su's Group with Yang Chaoye.

Now, the performance of many subsidiaries of the Su's Group is getting better and better, especially after the opening of the Oracle brand experience store, which has continuously increased the sales of these subsidiaries' products.

Therefore, the most important task of the subsidiaries of the Su's Group now is to focus on production and quality!

Because, basically, there is no need to worry too much about sales at present.

As more and more Oracle brand experience stores open, as long as the product quality of Su's Group's products is up to standard, they will only sell better and better!

After all, the Oracle brand experience store is jointly responsible by Su's Group and Hutchison Whampoa Group.

After returning home, Su Cheng watched TV on the third floor for a while. The TV was playing a TV series called "Shanghai Bund," which was very famous in later generations.

This "Shanghai Bund" is also filmed and broadcast at the same time, and it has now been broadcast to episode 11.

The actors in it are Chow Yun-fat as Xu Wenqiang, Angie Chiu as Feng Chengcheng, and Ray Lui as Ding Li. It can be said that compared with the "Shanghai Bund" in another world, it is relatively original, and the acting style is roughly the same.

On both sides of Su Cheng, Ah Jiao and Ah Mei were sitting respectively.

Ah Jiao and Ah Mei, these two Chinese beauties, have now completely adapted to life in Hong Kong.

Living in a luxury house and not lacking money to spend, such a life was unimaginable to them before, but now it has become a reality.

After becoming Su Cheng's women, Su Cheng is also not stingy with them. Giving them some pocket money is enough for them to work hard for several months before.

Moreover, they also have a salary every month here in Su Cheng.

Such a life has completely made them submit to Su Cheng.

So what if they are women without a title? A good life is the real deal!

At this time, Su Cheng was watching TV while waiting for Zhang Qizheng's call.

Today, Zhang Qizheng is in charge of the overall situation and is closing the net on the Hong Kong Electric Group.

It's just that he has been outside all day today, and he doesn't know how Zhang Qizheng is doing.

At eight o'clock in the evening, Su Cheng finally received a call from Zhang Qizheng.

Zhang Qizheng also deliberately called at this time.

Because he was not sure what time the boss would return home, so he simply waited until eight o'clock to call the boss.

As soon as the phone was connected, Zhang Qizheng excitedly reported to Su Cheng: "Boss, I have good news to report to you. The task has not only been completed, but also exceeded expectations."

"Oh? Tell me about the process in detail," Su Cheng said with a smile and curiosity.

Although he did not participate in the entire closing operation, he was also curious about how the process was.

"That's right, boss. Through Mr. Wei Li, we successfully invited Mr. Mario, a shareholder of Hong Kong Electric Group, and then invited other shareholders through Mr. Mario. The surprising thing is that, in addition to the four shareholders in the information provided by you, boss, there is actually another shareholder who also wants to sell shares, but this shareholder has been living in London, so no one knows, and you, boss, did not find out about it.

The negotiation was very smooth. In the end, our transaction price was HK$6 per share. We successfully took 14.96% of the Hong Kong Electric Group's shares from the four shareholders. In addition, the shareholder in London, England, who owns 3.66% of the shares, was also successfully taken down by us. This is thanks to the help of Mr. Yu Xing, president of the European branch of Su's Group, because I considered that if we waited for the European shareholder to come over and found that the stock had risen, he would not be willing to sell it, and we would have to spend more money, so I directly let Mr. Yu Xing sign an equity transfer agreement with the European shareholder in the name of Su's Group. Therefore, we directly took 18.62% of the shares from these five shareholders.

At the same time, after signing the contract with the four shareholders, I asked the trading team stationed at the Hong Kong Stock Exchange to start harvesting the remaining shares on the stock market. All shares below HK$10 per share were directly taken down by us. In the end, these scattered shares on the stock market obtained another 6.43%.

Therefore, in the entire closing process, we obtained a total of 25.05% here, of which 703.836 million Hong Kong dollars were spent on the five shareholders, and 282.89 million Hong Kong dollars were spent on the stock market. The two totaled about 986.726 million Hong Kong dollars.

Therefore, now we have mastered a total of 52.9% of the Hong Kong Electric Group's shares, and have completely become the controlling shareholder of the Hong Kong Electric Group!

Today, I am really very grateful for the help of Mr. Wei Li and Mr. Yu Xing. Without them, our closing task could not have been completed so perfectly!"

Zhang Qizheng reported the details of the matter to Su Cheng on the phone. Speaking of which, he was also relatively excited. After all, the asset scale of Hong Kong Electric Group is no worse than that of Kowloon Warehouse. In terms of market value, it is even much higher than Kowloon Warehouse. This time, he completely directed the acquisition of Hong Kong Electric Group, which is another glorious achievement in his professional resume.

"You did a very good job. This command was great!" Su Cheng was also very happy after hearing this. He had finally taken down another British-funded enterprise.

The newest and most complete novels are available at 69shu.com!

Although it seems that a lot of money was spent this time, it was very worthwhile.

Compared with competing for Kowloon Warehouse, taking down Hong Kong Electric Group can be said to be a bargain.

After all, Boss Bao spent tens of billions to take down Kowloon Warehouse, and in the end, he only took down nearly 40% of Kowloon Warehouse's shares.

And Su Cheng, before and after, spent only a little over ten billion Hong Kong dollars, but secretly took down 52.9% of Hong Kong Electric Group's shares.

The most important thing is that the market value of Hong Kong Electric Group is much higher than that of Kowloon Warehouse!

Su Cheng highly affirmed Zhang Qizheng's on-the-spot performance when he could not be contacted.

As the saying goes, the general is in the field, and the military order may not be accepted.

Zhang Qizheng perfectly demonstrated this saying this time.

If it weren't for him asking Yu Xing for help, maybe this 3.66% of the shares would not be in their hands, but would have run to the stock market.

"Boss, we have basically taken down Hong Kong Electric Group. Should we take over Hong Kong Electric Group tomorrow?" Zhang Qizheng asked curiously.

More than 50% of the equity belongs to the controlling stake, so now Su Cheng has completely controlled Hong Kong Electric Group, but it has not been announced yet.

If this news is announced, it will definitely create another big news for Hong Kong.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like