We're building a super chaebol in Hong Kong

Looking out from the windows of the chairman's office, one could see the huge bus depot behind the office building.

Here, many buses were parked. Su Cheng roughly estimated that there were at least a hundred buses here, some single-decker and some double-decker.

This depot was just one of China Motor Bus's depots. In other parts of Hong Kong Island, there were several other depots of considerable size, and those depots also housed many buses.

"These buses are just a portion of our fleet. If Mr. Su were to visit at night, he would find that our depot houses even more buses, at least twice as many as now. And we have five parking lots of this size. In addition, we have many small terminal parking lots. Although they are not large, they are numerous. In terms of land storage capacity, China Motor Bus is quite prominent in Hong Kong," Yan Chengkun said with pride, seeing Su Cheng looking out the window.

Unfortunately, once the Yan family sold all their shares in China Motor Bus, this land would no longer have any connection to them.

This was all brought upon themselves.

However, Su Cheng didn't intend to argue with him too much on this point. After he took over China Motor Bus, how to operate and manage it would be his business.

If the Yan family retained some shares in China Motor Bus, he would indeed have the right to propose the company's operating methods, but he would only have the right to propose them. Whether or not they agreed would be up to Su Cheng.

And if the Yan family wanted to completely withdraw from China Motor Bus, then the future of China Motor Bus would naturally have nothing to do with Yan Chengkun.

"Mr. Yan, I wonder if your Yan family intends to sell all of China Motor Bus's shares and completely withdraw from China Motor Bus?" Su Cheng changed the subject.

"To be honest with Mr. Su, we do intend to sell all of China Motor Bus's shares. There are currently several interested buyers, but they are all in negotiations. If the price is right, we will sell," Yan Chengkun said readily.

"What is Mr. Yan's target price?" Su Cheng asked curiously.

"We naturally hope that the selling price per share will not be less than thirty Hong Kong dollars. What? Is Mr. Su interested in our shares? But as far as I know, you already hold more than 50% of the shares, right? Increasing your holdings would be against the rules," Yan Chengkun said.

"Not at all. The shares I hold are enough to control China Motor Bus. There is no point in increasing my holdings. If Mr. Yan wants to sell, I can recommend some strong businessmen to buy them," Su Cheng said, shaking his head.

He indeed had no intention of increasing his holdings. Once he had control, he could operate as he pleased.

If the stock price was low, just over twenty Hong Kong dollars per share, he could secretly use other identities to hold the shares.

But at a stock price of more than thirty Hong Kong dollars, he had no interest in secretly holding the shares.

The Yan family's complete withdrawal from China Motor Bus was indeed good news.

After all, the Yan family had been running China Motor Bus for more than forty years, and their understanding of the company had penetrated deep into their bones.

If they continued to hold shares in China Motor Bus, it would be troublesome if they disagreed from time to time and caused him trouble.

Now that they wanted to sell all their shares, it was exactly what Su Cheng wanted.

After a while, China Motor Bus would develop into the real estate sector, and the most suitable way for China Motor Bus to do this, given its current situation, was to find a real estate company to cooperate with.

Just like Hong Kong Electric Group, if Su Cheng didn't take over, they would also cooperate with Cheung Kong Holdings to develop real estate in the future.

And now, China Motor Bus was already cooperating with Hutchison Whampoa Properties to establish a new company to develop real estate.

Therefore, Su Cheng was certain that China Motor Bus would definitely seek cooperation with his real estate companies, such as Su's Real Estate and Hutchison Whampoa Properties.

In this way, the benefits of China Motor Bus would be divided by the companies that Su Cheng wholly owned, and it would be a blatant division of profits. Even if others knew, they would be helpless. After all, relying on China Motor Bus's own conditions, it would be difficult to intervene in the real estate industry, which they had no operating experience in, without any experience.

Among them, the probability of cooperation with Hutchison Whampoa Properties would be higher, because Hutchison Whampoa Properties was now strong enough and had a stronger construction team.

As for Su's Real Estate, because it was established for a short time, its own strength still needed to be accumulated.

Therefore, after actually controlling China Motor Bus, the benefits that Su Cheng obtained were not calculated according to the proportion of shares. There were many tricks in this!

The most important thing was that after he controlled the board of directors of China Motor Bus, whether China Motor Bus distributed dividends every year and how much dividends were distributed was entirely up to him. The other shareholders had no room to resist.

This was the biggest advantage of Su Cheng's actual control. (End of chapter)