We're building a super chaebol in Hong Kong
#860 - The third largest shareholder of Huifeng Bank
"The agreement is well-drafted. If you don't have any issues, let's sign it," Zhang Qizheng said straightforwardly.
Molly Foundation didn't hesitate either, decisively signing the stock transfer agreement with Zhang Qizheng's side.
For both parties, the sooner the better. Both were afraid the other would regret it, so it was better to finalize things decisively.
After signing the agreement, Zhang Qizheng had the finance department of Tianyuan Investment Company transfer £195 million directly into Molly Foundation's public account.
At the same time, he also called his boss, Su Cheng, to report the current situation.
Learning that Zhang Qizheng had settled everything and even saved him five million pounds, Su Cheng was very satisfied.
That's equivalent to fifty or sixty million Hong Kong dollars. That amount could buy many properties in Hong Kong.
After reporting to Su Cheng, Molly Foundation also went with Zhang Qizheng to the stock exchange center, successfully transferring the shares of Huifeng Bank to Tianyuan Investment Company.
The entire transaction, starting from 9:00 AM London time, took only a little over three hours to complete.
Having secured this 3.58% stake in Huifeng Bank, Su Cheng had unknowingly become the largest shareholder of Huifeng Bank, holding a total of 9.47% of the shares.
If this news were to be announced, it would definitely ignite a heated discussion throughout Hong Kong and might even cause panic among the British financial groups.
This is the largest shareholder of Huifeng Bank, which is completely different in significance from other British-funded central banks.
However, Su Cheng certainly wouldn't announce it.
Because if he did, it would be equivalent to truly interfering with the internal development of Huifeng Bank.
The publicly disclosed shares, at least, don't pose any threat to the largest British financial group behind Huifeng Bank.
But once the identity of the largest shareholder is revealed, it would definitely create a threat.
After all, the largest shareholder has a lot of real power. Even Shen Bi sometimes has to listen to their opinions.
Huifeng Bank, unchanged, will definitely continue to develop according to the trend of its previous life, and will become a trillion-dollar enterprise in the future.
But if Huifeng Bank's development path is completely changed due to Su Cheng's influence, Su Cheng doesn't know whether the future Huifeng Bank will be good or bad. This would be equivalent to losing control, which is not what he wants to see.
After all, Su Cheng never intended to interfere with the management of Huifeng Bank. He knows he's not suited for that role, so it's better to let the professional British financial groups continue to manage it.
When Huifeng Bank develops into a world-class foreign firm in the future, he can jump out and reap the rewards.
Hong Kong, Huifeng Bank headquarters.
After receiving Zhang Qizheng's call in Shen Bi's office, Su Cheng was also relieved.
He wasn't at ease before the deal was completed, but now he can finally breathe a sigh of relief.
After assigning the task to his secretary, Shen Bi returned to his office again and chatted with Su Cheng.
He couldn't possibly call each member individually for such a small matter, even though there were only a dozen members on the board of directors.
"Mr. Shen Bi, I have good news for you. Just now, news came from the UK that the transaction between us and Molly Foundation has been completed. The shares of Molly Foundation now belong to Tianyuan Investment Company under my name," Su Cheng told Shen Bi directly without concealing anything.
The more openly and honestly he tells Shen Bi, the more at ease Shen Bi will be.
Although Su Cheng's shares have increased, the 4.58% that Su Cheng currently publicly holds is far from posing a threat to the British financial groups.
Because the combined shares of Huifeng Bank held by several British financial groups exceed 20%.
In addition, the American financial groups also hold nearly 10% of the shares.
And currently, the British and American shareholders of Huifeng Bank have always had relatively unified opinions.
Because of this, Su Cheng, who publicly holds 4.58% of the shares, has far less say than the shares held behind the British and American financial groups. Shen Bi naturally doesn't need to worry about Su Cheng's increase in holdings.
As long as Su Cheng doesn't show any ambition, the real controllers behind Huifeng Bank won't feel any concern about Su Cheng's increase in shares.
Previously, Su Cheng's publicly held 1% stake would rank outside the top 15 among Huifeng Bank's shareholders.
But now, it's different. This is the third largest shareholder.
"But it also cost a lot of money. This time, converted into Hong Kong dollars, I spent more than two billion Hong Kong dollars," Su Cheng said with a wry smile.
"As Mr. Su said, since Mr. Su is optimistic about the future of Huifeng Bank, then this money is well spent. Moreover, our top five shareholders of Huifeng Bank have more say in matters. From now on, Mr. Su will be one of the five major shareholders of Huifeng Bank.
In the future, you will have much higher voting rights than before. And if Mr. Su is willing, you can even enter the senior management of Huifeng Bank and serve as a senior executive with real power. As the chairman of the board of directors of Huifeng Bank, I will need Mr. Su's support for my work in the future," Shen Bi said with a smile.
"I have great confidence in Mr. Shen Bi's abilities. I have absolutely no interest in managing Huifeng Bank. I will continue to do what I have always done. I don't have that much time to participate in the board meetings of Huifeng Bank. Mr. Shen Bi should understand that I have too many companies under my command. But don't worry, I will support your various group development decisions in the future and will not vote against them!" Su Cheng drank a cup of hot tea and gave Shen Bi a satisfactory answer.
He certainly trusts Shen Bi's abilities, after all, history has already given him the answer.
He is also a very competent professional manager.
Because of this, Shen Bi can be said to have almost become the most famous Taipan in the history of the Huifeng Group.
Even after retirement, he provided a lot of help for Huifeng Bank's development path.
Therefore, Su Cheng's plan is to blindly trust Shen Bi's management policies, and there is no need to interfere too much in the management of Huifeng Bank.
At least, he plans to do so for the next twenty years.
Su Cheng is still young, even after twenty years, entering the 21st century, he will still be only in his forties.
By that time, when Huifeng Bank wants to deal with domestic companies, Su Cheng can openly jump out to oppose it, and even directly seize the management rights of Huifeng Bank!
Well, what a long-term plan.
However, Su Cheng has no shortage of time, who told him that he is still young!
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