Through the wealth life

Chapter 200 Share Exchange
After Li Guangyu agreed to let go of the Xiangjiang Electric Group, MacLehose and Shen Bi were very happy, so that the two groups finally reached an agreement, and the current situation in Xiangjiang would not be affected by this.

MacLehose said: "Li Sheng, thank you for your concession. Don't worry, I will contact England to help you complete the acquisition of Jaguar as soon as possible."

Li Guangyu said: "Then I would like to thank Mr. MacLehose. I ask you and Mr. Shen Bi to take care of the acquisition of Jaguar Motor Company."

Newbigan is still happy that Jardine Group can win the Hongkong Electric Group, at least it has fulfilled the requirements of the Keswick family.As for the governor and Shen Bi assisting the Li Group to acquire Jaguar, anyway, it has nothing to do with Jardine Group, and Niu Bijian doesn't care.

Niu Bijian said: "Mr. Li, how do you plan to deal with your shares in Xiangjiang Electric Group?"

When Li Guangyu decided to acquire the Xiangjiang Telephone Group, he was already thinking about the shares in the Jardine Group.

Li Guangyu replied: "Mr. Newbijian, what are your plans for the Telephone Group shares in your hands? You don't think about continuing to hold them, do you?"

After Shen Bi listened from the side, he felt that the shares held by HSBC would not be effective after the two companies negotiated. With it in hand, it is impossible to make a lot of money.

Shen Bi said: "Li Sheng, Mr. Niu Bijian, we at HSBC are willing to sell our shares at the current market price. I don't know if you still need to take over."

Shen Bi is also helpless, this time HSBC will earn a lot less, but if it can not offend these two big groups, it doesn't matter if it earns less, and it will be able to make up for it soon in the future.

Li Guangyu was very interested in the shares in Shen Bi's hands. He planned to delist Heung Kong Telephone Group and become a wholly-owned holding group.

Li Guangyu said: "Chairman Shen, our Li Group is willing to take over the shares of Xiangjiang Telephone Group from you at the market price."

Newbigan also expressed his willingness to take over the shares of Heung Kong Electric Group held by HSBC. The problem now is that Lee's Group and Jardine Group hold each other's shares. It depends on how to negotiate.

Niu Bijian said: "Li Sheng, I think you don't want our Jardine Group to still hold the shares of Xiangjiang Electric Group, and we Jardine also have the same idea. I don't know what Li Sheng's plan is?"

Li Guangyu said: "Mr. Niu Bijian, both of us hold some shares of the other party. If you need, we will replace the same shares according to the market value. As for some of our extra shares, you Jardine will have to follow our other shares. Purchase at the price purchased by several major families."

Niu Bijian was obviously unwilling to agree with Li Guangyu's opinion. It must be known that the market value of Heungkong Electric Group was higher than that of Heungkong Telephone, and the shares held by Li Guangyu in Heungkong Electric were also higher than those held by Jardine Heungkong Telephone Group.

Newbijian said: "Mr. Li, we are buying HSBC shares at market prices. I disagree with your suggestion."

Li Xuemei said: "Mr. Niu Bijian, you have to know that we bought these shares at a high price. Our Li Group will never transfer the land price to you. At worst, our Li Group will continue to hold the shares of Xiangjiang Electric Group. Our Li Group The group has always been interested in this group."

Seeing this, MacLehose immediately said: "Li Sheng, Mr. Newbigan, as for the exchange of the shares of your two companies based on market value, I don't think you have any objections?"

Both Li Guangyu and Niu Bijian said that there is no problem. Neither of them wants the other to become the second largest shareholder in their own group. Holding such shares can threaten their position at any time.

MacLehose said: "That's good. You can notify the group personnel to come and convert the two groups now. We will solve this problem today. Many reporters outside are waiting. If you don't reach an agreement, tomorrow Public opinion in Xiangjiang may be detrimental to the stability of Xiangjiang."

Li Guangyu also knew that if a deal with Jardine was not reached today, then all kinds of news would come out tomorrow, which would have a bad impact on both the Li Group and the Jardine Group.

Li Guangyu ordered Li Xuemei to contact Zhou Xiaoning to bring the financial personnel and the shares of the two groups, so as to make a replacement with Jardine. The shares were brought over and used to trade with the Li Group.

It was past six o'clock when the people from the two groups brought their shares. Obviously, these people in the meeting room had no intention of leaving. Even MacLehose, the Governor of Hong Kong, was still here. Seeing that the Li Group and the Jardine Group have reached a deal, he has no intention of leaving.

The reporters outside the HSBC Building had been waiting here after two o'clock in the afternoon. Several hours had passed, but Li Guangyu and the others still did not come out. They knew that the negotiations inside must not be going well.Even the Governor MacLehose stayed inside for more than two hours. Now, at this time, the financial steward of the Li Group came to HSBC. They all speculated about the situation inside. None of the reporters had the idea of ​​leaving.

After Zhou Xiaoning and others arrived, the Li Group and the Jardine Group immediately started the exchange.

Today, in Heungkong Electric Group and Heungkong Telephone Group, the Lee Group holds 46.5% and 45.7% of the shares respectively, while the Jardine Group holds 45.3% and 45.2% of the shares.

Today, Heung Kong Electric has 19.5 million shares, with a market value of 24 Hong Kong dollars per share, while Heung Kong Telephone Group has 33.4 million shares, with a share price of [-] Hong Kong dollars per share.After calculations by Zhou Xiaoning and others, Li Guangyu only needs to take out [-]% of the shares of Heung Kong Electric in exchange for all the shares of Heung Kong Telephone Group in the hands of the Jardine Group.

After Li Guangyu and the others had calculated their shares, they signed a share exchange agreement under the witness of MacLehose and Shen Bi.

After the completion, Li Guangyu said to New Biggin with a smile: "Mr. New Bigjian, I still have 13.1% of the shares of Heung Kong Electric Group in my hand, it seems that I still want someone to go there to be a director. "

After considering the financial situation of the group, Newbijian did not intend to acquire the shares held by Li Guangyu. Li Guangyu was obviously unwilling to buy them at the market price, and Newbijian himself was not willing to buy them at a market price higher than the third tier.

New Bigjian said: "Li Sheng, we welcome your personnel very much, and hope that your Li Group will send elite talents to assist in the management of the group."

Li Guangyu didn't believe his words, if he sent someone there, it might be like a rubber stamp, it would be useless, and Niu Bijian obviously wouldn't let Li Guangyu intervene in the Hong Kong Electric Group's affairs.

Li Guangyu said to Shen Bi: "Chairman Shen, now it's time for us to calculate the shares of Xiangjiang Telephone Group in your hands. Our Li Group will purchase according to the current market value."

Shen Bi said with a smile: "Li Sheng, wait a moment, I'll send someone to deliver the shares right away."

Shen Bi turned his head and said to Niu Bijian: "Mr. Niu Bijian, do you still need to buy the shares of Xiangjiang Electric Group in our hands?"

Now that Newbigan is not in the mood for a wholly-owned shareholding, according to Heung Kong regulations, the largest shareholder of a listed company cannot exceed 75% of the shares. Now he still has to sell a part of the shares, so how can he buy the shares of HSBC.

Niu Bijian said: "Chairman Shen, now our Jardine Group has mastered 79.1% of the shares of Heung Kong Electric Group, which has exceeded the regulations for listed companies, so there is no need to purchase the shares in your hands. I hope we can and As before, continue to maintain friendly cooperation."

Shen Bi didn't say anything after hearing this, it seems that these shares can only be held by HSBC temporarily.

After calculation by Zhou Xiaoning and HSBC personnel, Li Guangyu won 24% of the shares of Hong Kong Telephone Group held by HSBC at a price of 6.5 Hong Kong dollars per share.

(End of this chapter)