We're building a super chaebol in Hong Kong
#785 - 786 China Bus to hold a press conference
It was early August, the morning sun barely peeking through, casting a warm glow upon the earth. The air was crisp, a gentle breeze carrying a hint of coolness, a tender touch of summer.
Indeed, it was August 1st, 1979. Time passed at its own steady pace.
However, this bright sunshine was only temporary. The weather forecast had already announced the formation of another major typhoon in the West Pacific. According to the predicted path, this typhoon was expected to reach the Guangdong province area in two or three days, and Hong Kong would certainly be affected.
Of course, the people of Hong Kong and Guangdong were accustomed to typhoons, so there was no widespread panic. Life went on as usual.
Su Cheng was no exception. Taking advantage of the good weather, he took Zhong Chuhong to his Repulse Bay villa for a vacation early in the morning.
Although one could see the sea every day from the Su family villa, the sea of Victoria Harbour was completely different from the sea of Repulse Bay.
Victoria Harbour was, after all, just a harbor, with land on both sides.
But looking out from the villa in Repulse Bay, one could see the endless ocean, and the seawater was very clear, even appearing like glass from a distance.
With Su Cheng's company and this vacation, Zhong Chuhong was naturally in high spirits.
At this moment, in the villa's swimming pool, Zhong Chuhong was wearing a sexy bikini, splashing around in the spacious pool.
Zhong Chuhong was only a little over a month pregnant, so her belly was not yet showing. Her healthy, standard figure, combined with her stunning beauty, was a feast for the eyes of Su Cheng, who was lying on a beach chair by the pool.
Above the beach chair was a large parasol, providing excellent shade.
"Boss, come down too. Soaking in the cool water is so comfortable," Zhong Chuhong said, looking up at Su Cheng.
"Okay, I'm coming," Su Cheng said with a smile, getting up from the beach chair and jumping into the pool, playfully splashing around with Zhong Chuhong.
When they were tired of playing, Zhong Chuhong lay on a swimming ring and turned to Su Cheng, saying, "Boss, I'm so happy. These days have been the happiest time of my life. I hope I can be this happy forever."
"Silly girl, I'm your man. Isn't it my responsibility to bring you joy?" Su Cheng said with a smile, swimming over, resting his left arm on the swimming ring and stroking Zhong Chuhong's head with his right hand.
"Yes, I'm happy just being your little woman…"
Su Cheng was completely unconcerned about the China Motor Bus situation. With Zhang Qizheng, Brother Wu, and others helping to handle it, there was basically nothing for him to do.
Now that Brother Wu and Ye Zhixiong had reached an agreement, Su Cheng naturally had no intention of dealing with 13K.
Therefore, before leaving today, Su Cheng specifically instructed Zhang Qizheng to send someone to contact Ye Zhixiong, transferring the HK$50 million and the more than 500,000 China Motor Bus shares in Ye Zeliang's hands to Tian Yuan Investment Company.
The transfer went smoothly. Although Ye Zhixiong felt a pang of regret, he was, after all, a triad boss, and his style of doing things was very straightforward. He directly transferred the HK$50 million to Tian Yuan Investment Company's public account.
As for the more than 500,000 China Motor Bus shares, Ye Zeliang also obediently cooperated, transferring all the shares to Tian Yuan Investment Company's name in one go.
Previously, Tian Yuan Investment Company already held 50.86% of China Motor Bus's shares, and the shares obtained from Ye Zeliang accounted for about 1.1% of the total China Motor Bus shares.
As of now, Tian Yuan Investment Company held 51.96% of China Motor Bus's shares.
On the stock market, the Yan family continued to sell off their shares. By the time the market closed in the afternoon, the Yan family had sold more than 2.8 million China Motor Bus shares, and the price of China Motor Bus shares had been successfully lowered from HK$40.88 per share at the opening to HK$30.01 per share.
Massive selling would certainly cause the stock price to fall.
Despite this, the Yan family had no choice, because they knew that Tian Yuan Investment Company had only given them a one-day deadline.
Whatever they could earn on this day was all they could get, and it was already giving the Yan family a lot of face.
In one day, the Yan family made a fortune. Nevertheless, the shares they sold were only a small portion of what they held.
The Yan family held 33.3% of China Motor Bus's shares, totaling about 15.65 million shares.
The more than 2.8 million shares they sold this time were less than one-fifth of their total holdings.
Even so, the Yan family was very satisfied.
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If Tian Yuan Investment Company had not given them a day, but directly announced the news, then even if they could sell that many shares, they would not have been able to sell them at such a good price.
Therefore, when the market closed, Yan Chengkun's mood was very complicated. He didn't know whether to hate Su Cheng or be grateful to him.
In any case, Yan Chengkun knew that they had completely lost control of China Motor Bus. Especially as they planned to give up their status as shareholders of China Motor Bus, the relationship between the Yan family and China Motor Bus was growing further and further apart.
In the future, even if China Motor Bus developed, it would have nothing to do with the Yan family.
After the Hong Kong Stock Exchange closed, China Motor Bus Company issued an announcement, inviting Hong Kong media to attend a press conference to be held at 9:00 a.m. on August 2nd.
After this news spread, many media people began to speculate whether China Motor Bus had any major news to announce?
Could it be that the competition between the Yan family and Tian Yuan Investment Company had ended?
Logically speaking, takeover events of listed companies are usually very intense and last for a relatively long time.
But it seems that only a few days have passed since Tian Yuan Investment Company announced its acquisition of China Motor Bus, right?
Could it be that the result has already come out?
China Motor Bus's announcement of a press conference basically indicated that there might be a turning point in this competition. It's just not known whether it's in favor of the Yan family or Tian Yuan Investment Company.
Although Tian Yuan Investment Company had already announced its intention to acquire China Motor Bus, it had not announced the detailed situation of Tian Yuan Investment Company's shareholding in China Motor Bus.
Therefore, to this day, everyone is still in the dark about how many China Motor Bus shares Tian Yuan Investment Company actually holds.
Although many tabloids claimed that they had insider information, many people knew that these small media outlets were just trying to gain traffic.
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