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#70 - Is this the source of your confidence?

July 2nd, 3 PM, North Point, Tianyuan Building, General Manager's Office.

At this moment, in the negotiation room, sat seven gentlemen.

Su Cheng, Zhang Qizheng, and five foreigners.

"Mr. Su, I didn't expect we'd meet again so soon. I wonder why you've called us all here this time?" Brandt asked first.

At this moment, the five foreigners were all pondering in their hearts what Su Cheng had called them here to discuss.

Could it be that he wanted them to support him and oust Wei Li, so he could take over Hutchison Whampoa?

How could that be possible? Wei Li manages Hutchison Whampoa quite well. At least they received dividends from last year's profits. This year, Hutchison Whampoa's momentum is even better. If Su Cheng takes over, wouldn't Hutchison Whampoa return to its previous state of losses?

This young man is really daydreaming, thinking he can just call us over and persuade us to support him?

Hutchison Whampoa is one of the four major foreign firms in Hong Kong. You, a Chinese, want to control our British-funded enterprise? Heh heh…

The five men each had their own thoughts, but they all inwardly despised Su Cheng. Of course, they certainly wouldn't say it out loud. After all, Su Cheng is now a major shareholder of Hutchison Whampoa, with more voting rights on the board of directors than all of them combined.

"Gentlemen, the reason I've invited you here this time is actually very simple. I hope you will sell me your Hutchison Whampoa shares," Su Cheng said with a smile, not beating around the bush at all, because there was no need to.

"Then what price are you prepared to offer?" Brandt asked directly.

Although they were quite surprised, there was nothing in the business world that couldn't be sold. Businessmen only care about profits. If the price was satisfactory, selling their Hutchison Whampoa shares was not impossible for them.

"6 Hong Kong dollars. I'll take all the shares you have," Su Cheng said leisurely, taking a sip of tea.

"That's not very sincere, is it? I can sell for 6 Hong Kong dollars at any time. Why should I sell to you?" Another shareholder, Claire, said directly.

"Exactly. The price that HSBC Bank sold you the shares was 7.5 Hong Kong dollars, right? These are well-known facts. You should be raising the price to buy, not lowering it, right?" Shareholder Allen's face was turning dark.

"Mr. Su, if you called us here with this intention, then I won't keep you company. I have many things to attend to!" Brandt said, pretending to get up and leave.

"Everyone, don't be anxious. Hear me out first. I certainly won't force you to sell me your shares. After all, I'm just an ordinary businessman. But we are all businessmen, and businessmen should learn to be rational. Impulsiveness is a businessman's taboo," Su Cheng said with a smile.

"Don't tell us these useless things. We've been in the business world for decades. We don't need you, a young man in his early twenties, to lecture us. 6 Hong Kong dollars? It's impossible for us to sell you the shares at that price," Claire said, crossing his legs.

"Then I'll be blunt. The current stock price of Hutchison Whampoa is 5 Hong Kong dollars per share. My acquisition price is 6 Hong Kong dollars. How can you say that's not sincere?

Su Cheng glanced at them and said calmly.

"Mr. Su, are you so sure that you can really take over Hutchison Whampoa? With the 22.4% of the shares you currently hold, I'm afraid you can't achieve that!" After hearing Su Cheng's words, Brandt and the others were no longer in a hurry.

Back then, HSBC Bank took advantage of the situation to buy 33.65% of Hutchison International's shares with 150 million Hong Kong dollars. With such a large shareholding, it naturally had the power to oust Kidd.

But now it's different from then. After several years of development, Hutchison Whampoa has undergone several rounds of financing and rights issues on the stock market, especially with the acquisition of the Whampoa Dockyard and the acquisition of Junyi Warehouse. A lot of shares have already been issued, so HSBC Bank's original 33.65% of the shares have dropped to 22.4%, which is the 90 million shares that Su Cheng acquired from HSBC Bank.

They felt that 33.65% could control Hutchison Whampoa, but 22.4% couldn't!

Although they held a total of only 21.5% of the shares, even if they joined forces, it was not enough to beat Su Cheng.

But, don't forget, the gap between the two is not that big. During Wei Li's employment contract, as the chairman of Hutchison Whampoa, he also has voting rights.

In this case, the voting rights will naturally exceed Su Cheng's.

When HSBC Bank was the major shareholder, they naturally voted with HSBC Bank. After all, HSBC Bank was the big boss.

But now that Su Cheng is the major shareholder, they certainly won't choose to support Su Cheng.

"Of course, if I only had 22.4% of the shares, I naturally wouldn't say these things," Su Cheng said with a hearty laugh.

"No wonder you're so confident. It turns out you've acquired a lot of shares on the stock market, but even if you have a few more points, it won't help, right? As far as I know, there are also several bigwigs in the UK who hold a lot of Hutchison Whampoa shares. Do you think they will support you?" Brandt said with a smile.

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"Are you talking about Mr. Brown Ogden and others?" Su Cheng asked after hearing this.

"I didn't expect Mr. Su to know Mr. Brown Ogden. He is the richest man in London. His assets are not much less than those of your Chinese shipping magnate, Bao," Brandt said with some surprise.

"If your confidence comes from here, then I may have to apologize to you and show you a few things." Su Cheng took out a few copied documents from the file bag and handed them to them.

Su Cheng wanted to shatter their confidence one by one, so that they would worry about the future of Hutchison Whampoa. Otherwise, it would be impossible to suddenly get them to sell their shares unless it was at a high price.

Brandt and the others took the documents with a puzzled look. After reading them, the expressions on their faces became unbelievable.

What Su Cheng gave them was a copy of the equity transfer agreement he had signed with Brown Ogden and the other two people, which accounted for 16.5% of Hutchison Whampoa's shares.

He didn't even need to take out the remaining ones. Just the 16.5% here, plus the 22.4% bought from HSBC Bank, totaled 38.9%.

This was more than the 33.65% when HSBC Bank forcefully took over Hutchison Whampoa. These shares were enough for Su Cheng to control Hutchison Whampoa.

Asking for monthly tickets, asking for recommendations~

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