We're building a super chaebol in Hong Kong

Since Hutchison Whampoa announced its delisting and privatization, it has submitted a delisting application to the Hong Kong Stock Exchange.

Because Hutchison Whampoa is a large enterprise listed on the Hong Kong Stock Exchange, and there are still more than 10% of its shares scattered outside, the privatization process may take three to five months.

During this period, Hutchison Whampoa's listing symbol will be marked with a delisting sign, and shareholders can only trade shares at market prices to Tianyuan Company, which represents Su Cheng.

Until the privatization is approved, the remaining minority shareholders can apply to Hutchison Whampoa for the company to repurchase their shares at any time.

Of course, if the minority shareholders really don't want to sell, they don't have to, but Tianyuan Company, the major shareholder, can put all the minority shareholders who are unwilling to sell into a holding company. In theory, the minority shareholders can wait until Hutchison Whampoa is listed again, but after delisting, Hutchison Whampoa is no longer subject to public market supervision, and it is very easy and simple for the major shareholder to abuse the minority shareholders.

In fact, if Hutchison Whampoa passes the privatization application, the floating shareholders must be forced to sell. It is difficult to bring the stock back to the stock market or keep it forever, unless you treat it as a waste paper.

Su Cheng's reputation has also risen sharply with more and more media reports.

Moreover, in addition to Hong Kong, Su Cheng's reputation is so great in Singapore, Macau, Taiwan, Malaysia, and other places where Chinese people are the majority or there are many Chinese people that almost everyone, young and old, knows him.

This is the benefit of Su Cheng becoming the first Taipan to take over a British-funded big bank. His prestige value has increased by ten thousand times.

Just like in the previous life, when it comes to Hong Kong, who doesn't know Li Ka-shing?

Su Cheng has already handed over the privatization matter to Zhang Qizheng for handling, with Wei Li's cooperation, because Tianyuan Company is the direct shareholder of Hutchison Whampoa.

It's just that Zhang Qizheng does not have the right to interfere in the operation and management of Hutchison Whampoa.

In order to avoid interviews with reporters and the media, Su Cheng took Zhong Chuhong to Lamma Island for a vacation the day after the press conference.

Zhong Chuhong has now graduated from the convent school and officially become a member of society, so she can follow Su Cheng at any time.

Zhong Chuhong is happy for Su Cheng's success as a famous business tycoon in Hong Kong, but also feels depressed because she feels unworthy of him.

Although Lamma Island is the third largest island in Hong Kong, it is actually a place with a relatively low profile.

The entire Lamma Island does not have much population, almost all concentrated near Yung Shue Wan on the north side of the island, so the island is usually very quiet.

The Nanyang Petroleum Company refinery under Su Cheng's banner is not far from Yung Shue Wan.

The Nanyang Refinery is now expanding the number of oil tanks, but due to the influence of the terrain here, it is difficult to expand the refinery's output. Land reclamation is too expensive and not advisable, so there is no need for the refinery here to continue to develop upwards.

In Singapore, Jurong Island will be used as a base for land reclamation to develop oil in the future. The reason why such a high price is paid is because Singapore's land area is too small, the total area is much smaller than that of Hong Kong, which also leads to the fact that they want to develop industry and can only develop outside the main island. Land reclamation has become their only choice.

Hong Kong is different from Singapore. In the suburbs, there is still a lot of land that has not been utilized and developed, and Tuen Mun is one of them.

Since Hutchison Whampoa has such a large piece of land there in Tuen Mun, it is more suitable to use it to build an oil base.

Land reclamation is not something that Su Cheng can easily handle alone. It requires the government to come forward to handle it. There is no need to spend huge sums of money to reclaim land nearby for the development of Lamma Island. It is not worth it.

The cost of developing existing land can be minimized, especially on the left side of Tuen Mun, there is the vast Lingdingyang, where you can extend outwards to build a wharf for tankers to dock.

"Boss, Mr. Wei Li of Hutchison Whampoa called and said that Governor MacLehose invited you to attend his Home Party on the evening of July 10. Because the staff of Government House could not contact you, the invitation letter has been sent to Hutchison Whampoa."

Just as Su Cheng was inspecting the expansion of oil tanks in the refinery, the factory director Zhou Zhou reported to him.

"Help me reply to Mr. Wei Li and let him reply to the staff of Government House that I will participate on time," Su Cheng said with a smile.

He was just looking for a time to meet the Governor, but he didn't expect the opportunity to come to him.

Now, it is July 8th, and there are still two days until the 10th, so there is no hurry.

Home Party actually refers to a family party. It is conceivable that Su Cheng has been truly valued by MacLehose to be invited to attend his family party.

"Okay, boss, I'll call Mr. Wei Li now," Factory Director Zhou said and turned to go back to the office.

"Wow, boss, you were actually invited to meet by the Governor himself!" Zhong Chuhong looked at Su Cheng admiringly.

"Let's go, I'll take you to the nearby village for a walk. After all, this is a factory and it's not very interesting." Su Cheng took Zhong Chuhong's hand and walked towards Yung Shue Wan.

The straight-line distance between the refinery and Yung Shue Wan is only about one kilometer, but because there is a small mountain in the middle, you need to cross the small mountain to reach Yung Shue Wan.

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Along the mountain path, Su Cheng walked slowly, admiring the scenery along the way.

Before and after, bodyguards were constantly observing the surroundings vigilantly to prevent accidents from happening. Of course, the probability of accidents happening is very low.

Yung Shue Wan has the largest flat land on the entire Lamma Island, so this is the most densely populated place on Lamma Island.

When Su Cheng and the others came to the village near Yung Shue Wan, they saw dense houses in the village, all of which were very simple. Some were brick houses, while some were simply simple houses built of wooden boards.

The entire village is backed by mountains. The villagers mostly live by fishing. From their living environment, it can be seen that the living conditions here are relatively backward.

Su Cheng walked all the way and found that there were almost all old people and children.

So, he stopped an old man and asked him: "Uncle, where are the young people in the village?"

"The young people here have gone to Hong Kong to make a living. Who wants to stay and be poor!" The old man said with a smile.

Su Cheng nodded. Indeed, young people all go to big cities to develop, and very few are willing to stay in the countryside.

There is only one store in the village. The weather is hot, so Su Cheng took everyone over and sat down under the sunshade outside the store, and asked a bodyguard to go in and buy a bottle of frozen drink for everyone.

Just as Su Cheng was waiting for the bodyguard to buy water, under a large banyan tree, a group of children surrounded a young man, who was smiling and distributing snacks to each child, which also attracted Su Cheng's attention.

"Huh, isn't that Fa Zai?" Su Cheng said to himself.

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