We're building a super chaebol in Hong Kong
#400 - Shaw Cinemas' cooperation request
Before long, more detailed information about Su Cheng's plan to acquire China Light and Power Company appeared before Lawrence Kadoorie and Michael Kadoorie, father and son.
Looking at the news above, which indicated that Tian Yuan Investment Company had already acquired 20.7% of China Light and Power Company's shares, both father and son turned dark.
What has been announced is already 20.7%, but no one knows how much it actually is.
China Light and Power has been in the hands of the Kadoorie family, passing through the grandfather, Elly Kadoorie, the father, Lawrence Kadoorie, and the son, Michael Kadoorie.
Over these decades, the Kadoorie family has experienced too much with China Light and Power. For the Kadoorie family, anything can be lost, except for China Light and Power.
Therefore, even when facing a formidable enemy like Su Cheng, neither the father, Lawrence Kadoorie, nor the son, Michael Kadoorie, are willing to give up.
Moreover, the advantage is currently in their hands. They hold 40% of the shares. No matter how much money Su Cheng throws at it, it is impossible to increase his shareholding to more than 40% in a short period of time.
“Given the current situation, it is very difficult for us to increase our shareholding to 50%. If Su Cheng is really watching us covetously from the sidelines, and we experience an economic crisis, Su Cheng, as the second largest shareholder, will definitely take the opportunity to annex China Light and Power. With him around, we are always at risk of being annexed. After all, we are now facing someone with far more assets than us. Business warfare is not that simple. Since Su Cheng has set his sights on us and made this matter public, it means he already has a well-thought-out plan!” Lawrence Kadoorie sighed.
Since Su Cheng has made this matter public, it means he is very confident in taking down China Light and Power. In Lawrence Kadoorie's view, even if the Kadoorie family wins against Su Cheng in the short term, they are likely to lose in the long run.
Moreover, with Su Cheng making his intention to acquire China Light and Power public, the stock price on the stock market will definitely soar, and the cost for them to buy stocks from the stock market will be very high.
And acquiring from other shareholders is even more difficult than acquiring on the stock market. After all, no one is a fool.
Which of the listed companies that Su Cheng has previously participated in has not seen a substantial increase in the end?
Moreover, even if Su Cheng does not eventually surpass the Kadoorie family in shareholding, he will still be the second largest shareholder. After he enters the scene, it will no longer be possible for the Kadoories to control China Light and Power as smoothly as before. At that time, their past practice of secretly accumulating assets may also be cut off.
“Father, you are experienced. Please decide what to do!” Michael Kadoorie looked at his father and said seriously.
If it weren't for Lawrence Kadoorie, China Light and Power would not have existed after World War II.
It was Lawrence Kadoorie who rebuilt the bombed power plant after World War II, which led to the glorious China Light and Power Company of today.
“First, immediately reply to Mr. Su Cheng that China Light and Power is not for sale;
Second, find a way to continue to expand our shareholding ratio. Every additional point will make it more difficult for the other party to annex China Light and Power;
Third, I will go to Mr. MacLehose immediately and ask him to come forward to stop Mr. Su Cheng's actions!
During the time I am looking for Mr. MacLehose, you will continue to preside over the overall situation in the company!”
Lawrence Kadoorie arranged the tasks very decisively.
“Okay, Father!” Michael Kadoorie responded.
Subsequently, Lawrence Kadoorie hurriedly went to the Governor's Mansion in Central.
Michael Kadoorie began to arrange work in the company to deal with potential risks.
… …
Meanwhile, Su Cheng, who was far away in the Barker Road villa area, was calmly waiting for news from China Light and Power at home.
The TV was playing a movie advertisement for "Young Master in Love."
As Jiahe's first official film, Jiahe Television is naturally working hard to promote it.
Therefore, the promotional video of "Young Master in Love" has already appeared in Jiahe Television's advertising time every day since the beginning of this month.
For Su Cheng, the initiative is now in his hands, and it depends on how the Kadoorie family responds.
Therefore, he doesn't need to care too much about the affairs of China Light and Power now.
Today is already December 18th.
And since the release of the movie "Young Master in Love", with the reputation getting better and better, it has become the box office champion every day since the day it was released, and the gap with the second place is getting bigger and bigger.
From the release on December 7th to yesterday, the 17th, in just 11 days, the box office of "Young Master in Love" in Hong Kong has reached 4.28 million Hong Kong dollars, and the Southeast Asian market has not yet been counted.
According to the normal historical trend, if "Young Master in Love" had not appeared in advance, it would have been "The Contract", written and directed by Hui Guanwen, which became the Hong Kong film box office champion of 1978, with a Hong Kong box office of 7.82 million Hong Kong dollars.
The newest novels are first published at 69shuba!
Now that "Young Master in Love" has appeared in advance, although it was released in the last month of 1978, and it was not released on the 1st, in just 11 days, the box office has exceeded more than half of "The Contract", and this year, there are still 12 days left.
In other words, if "Young Master in Love" maintains this trend, it is highly likely that the box office will surpass "The Contract" before December 30th.
Whether it is Jiahe Cinema Line or Shaw Brothers Cinema Line, business has become much quieter due to the movie "Young Master in Love".
Now, there is a movie that has a great chance of surpassing "The Contract" at the end of the year. Shaw Brothers Film Company is naturally happy to watch the show from the sidelines, and also plans to sprinkle salt on Jiahe Film Company's wounds, helping Jiahe Film Company to help "Young Master in Love" successfully surpass "The Contract".
Therefore, there is the matter of Shaw Brothers Cinema Line hoping to cooperate with "Young Master in Love".
Su Cheng naturally agrees with this cooperation very much. After all, being able to expand the broadcasting channels of "Young Master in Love", maybe this time the box office will be higher than the box office of "Young Master in Love" in Su Cheng's previous life.
Originally, the number of cinemas under Su Cheng's banner reached 22, and another 13 small and medium-sized cinemas also applied to Jiahe Film Company for the release of the movie.
Now, with the addition of Shaw Brothers Cinema Line's 16 cinemas, that is to say, in Hong Kong alone, the number of cinemas showing the movie "Young Master in Love" will reach 51!
In this case, it is basically impossible for the remaining 12 days this year to surpass the box office of the movie "The Contract"!
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