Through the wealth life

Chapter 420 Suspension of Delisting

The negotiation between Gan Qin and Wooden Shihuaiya went very smoothly this time. This time, he won 70% of the shares of Xiangjiang Aircraft Engineering Company in the hands of Swire, and Li Guangyu had already ordered Sun Jianping to buy this company in the stock market. shares in the company.

Li Guangyu is going to delist this company from the stock market and become a wholly-owned subsidiary of Xiangjiang Airlines. This acquisition may be when Wooden Shuaiya does not want them to transfer the shares of Cathay Pacific Airways. The Li Group is behind They made trouble, so there was no lion to open their mouths, and Li Guangyu only got the shares of Xiangjiang Aircraft Engineering Company with a two-tier premium.

To know the reasons for the stock market crash.The market value on the stock market cannot reflect the actual value of Xiangjiang Aircraft Engineering Company, and Li Guangyu urgently needs this company to provide maintenance guarantee for Xiangjiang Airlines.So I agreed to take 3.6% of the company's shares at a price of 70 million Hong Kong dollars.

Li Guangyu is planning to delist, but he has just proposed to the Xiangjiang Exchange.Upon receiving an invitation from MacLehose, they discussed the issue of love. In addition to MacLehose, there was also Jamie Duwell, chairman of the Xiangjiang Exchange.

MacLehose said: "Mr. Li, the reason why I invited you here this time is because of the delisting of Xiangjiang Aircraft Engineering Company. I hope to discuss this with you."

Li Guangyu said: "Mr. MacLehose, do we have any questions about the delisting procedure of Xiangjiang Aircraft Engineering Company?"

MacLehose said: "Mr. Li, there is nothing wrong with your procedures, but the current financial situation of Xiangjiang is not very good, and the stock market has always been undervalued. And your Li Group has just delisted Wheelock Group from the Xiangjiang Exchange. , had a considerable impact on Xiangjiang’s stock market. And this turmoil has not yet passed, and you have delisted Xiangjiang Aircraft Engineering Company, which has dealt a great blow to Xiangjiang’s stock market.”

MacLehose is really speechless about the Li Group. Other family businesses are trying their best to get listed. Li Guangyu is lucky. Those groups of his own don’t want to go public. After acquiring a listed company, they all want to delist the company and private change.

In the past year or so, Li Guangyu is the third listed company to apply for delisting. Heung Kong Telephone Group last year, Wheelock Group a few days ago, and Heung Kong Aircraft Engineering Company this time, and the most important thing is These listed companies are all listed on the Hong Kong Stock Exchange.

This made its chairman, Jamie Duwell, a little panicked. He was already facing the challenge of the Far East Exchange, and Li Guangyu's continuous delisting from the exchange was a huge blow to the Xiangjiang Exchange.This will make other companies that want to go public have a lot of opinions on Xiangjiang Exchange, and shareholders will not have too much trust in their exchange.

That's why Jamie Duwell approached MacLehose and asked him to act as an intermediary. He hoped that Li Guangyu's company would not be delisted from the stock exchange for the time being, and he would talk about it after the delisting incident of Wheelock Group subsided.

Li Guangyu said: "Mr. MacLehose, I currently hold 90% of the shares of Xiangjiang Aircraft Engineering Company. I can't do without delisting. Besides, this is a normal delisting for me. It's not because the company has problems and is forced to do so." Delisting has little impact on the outside economy and the stock market. Now that the Hong Kong stock market is in a downturn, our company's launch from the stock market can better promote the company's development, which will be even more beneficial to the Hong Kong economy.”

Jamie Duwell knew that he had to speak, otherwise this time would be really troublesome. If the stock market is going well, there are many companies seeking to go public, and the delisting of Li Guangyu's company will not have much impact on them.

It’s just that the stock market is in a downturn now, and there are no companies coming to list at all, and even if there are companies that go public, they go to the Far East Exchange. His side used to be the best place for British consortiums to list. With the continuous retreat of British consortia, , so that there are fewer and fewer companies coming to him to go public.

What makes him most uncomfortable is that Li Guangyu is constantly buying companies from British consortiums, and then delisting from their exchanges, making the gap between their exchanges and the Far East Exchange smaller and smaller. I can't even see my back, and the Far East Exchange is now on an equal footing with me.

Jamie Duwell said: "Mr. Li, I don't know why you are keen on privatizing these companies? You must know that the stock market can make your company more valuable, and it is also more conducive to your financing. Our exchange is very keen on It serves you, and at the same time, your listing can also bring benefits to shareholders, isn't that great?"

Li Guangyu himself is not short of money, so he has no plans to take the company to the public market. After the listing, it will be quite troublesome for him to raise funds due to various supervisions. It is not convenient for him to be a sole proprietorship, and he can decide everything by himself. There is no need to negotiate with other people, and there is no need to be responsible for other shareholders.

Li Guangyu said: "Mr. Duwell, you should be very clear that our Li Group does not lack funds. What I want is to control the group, so I prefer it to become a privatized company. I also know some of your ideas. , It’s just that I’m afraid I’ll disappoint you, if you want to keep your leading position in the Xiangjiang Exchange, you still need to absorb some listed companies, our Li’s Group doesn’t have much interest in listing companies.”

Jamie Duwell did not expect that with the help of MacLehose to persuade him, he still could not prevent Li Guangyu's decision to delist, which made him very disappointed. The change is caused by the decline of the British consortium.

MacLehose said: "Mr. Li, can you delay the delisting for a month or two, and give the Xiangjiang Exchange more time to eliminate the impact. I don't think you want our Xiangjiang economy to be in turmoil again."

For MacLehose's request, Li Guangyu did not object. After all, Xiangjiang's current situation is not very good. Few people feel pessimistic about Hong Kong's economy.

Li Guangyu said: "Mr. MacLehose, this is still possible. As long as the exchange does not pursue the issue of our shares, we can postpone the delisting until the end of the year."

Jamie Duwell thought to himself that he was going to investigate the shareholding issue. I'm afraid we won't be able to find out the problem. How could the operations of your group allow us to find out the problem.

He is not ignorant of the Li Group, among which the accounting firm is helping the Li Group to pay taxes reasonably and legally, and the law firm is dedicated to helping the major companies of the Li Group to deal with legal issues, so that the companies are absolutely reasonable. legitimate.

This time, he doesn't believe that the Li's consortium will hold the shares in one account, especially those purchased in the stock market, they must be in multiple accounts, and Li Guangyu has a lot of offshore funds in his hands, which is not easy to track down .

MacLehose said: "Mr. Li, thank you for your cooperation. I think such a long time is enough for the Xiangjiang Exchange to eliminate the impact. I also hope that you can focus on the economic development of Xiangjiang. We also need investment in Xiangjiang. You Li The consortium should not only focus on the Japanese and Taiwan markets.”

Li Guangyu said: "Mr. MacLehose, I think our Lee Group will increase its investment in Xiangjiang next year. Don't worry, Xiangjiang has always been the foundation of our Lee Group. We will not give up. Xiangjiang Market."

……

(End of this chapter)