People in Hong Kong create super chaebols

Chapter 364: When did the company take over the Hong Kong Electric Group?
In the evening, after Su Cheng said goodbye to Yang Chaoye, he left the Su Group Building and returned home directly.

Today, in addition to attending the groundbreaking ceremony in Tseung Kwan O, he and Yang Chaoye also inspected various subsidiaries of the Su Group.

Today, the performance of many subsidiaries of the Su Group is getting better and better, especially after the opening of the Oracle brand experience store, the sales of these subsidiaries' products continue to increase.

Therefore, the most important task of the subsidiaries of Su Group now is to improve production and quality!

Because basically, there is no need to worry too much about sales at the moment.

As more and more Oracle brand experience stores are opened, Su Group's products will only get better and better as long as they pass the quality standard!
As the headquarters of So Group and Hutchison Whampoa Group, Xiangjiang has opened a number of Oracle brand experience stores in this month.

Tsim Sha Tsui, Central, Wan Chai, Causeway Bay, Mong Kok, etc. The 8th Heung Kong chain store has opened today.

There are already nearly fifty in the world.

This expansion rate is actually relatively slow.

After all, the Oracle brand experience store is jointly managed by Su Group and Hutchison Whampoa Group.

After returning home, Su Cheng watched TV for a while on the third floor. On the TV, a TV series "Shanghai Beach" that was very famous in later generations was playing.

This "Shanghai Bund" was also broadcast while filming, and it has now been broadcast to 11 episodes.

The actors in it are Zhou Runfa as Xu Wenqiang, Zhao Yazhi as Feng Chengcheng, and Lu Liangwei as Ding Li. It can be said that compared with "Shanghai Beach" in another world, it is relatively original, and the acting style remains roughly the same.

On both sides of Su Cheng, Gillian and Ami sat respectively.

Gillian and Ami, two Chinese beauties, have now completely adapted to life in Hong Kong.

Living in a luxurious house and having no shortage of money to spend, this kind of life was something they had never dared to imagine before, but now it has become a reality.

After becoming women in Su City, Su City was not stingy with them. He gave them some pocket money, which was enough for them to work hard for several months.

Moreover, here in Sioux City, they are paid monthly.

Days like this have completely made them surrender to Su Cheng.

It doesn't matter if you are a woman without status, good life is real!

At this time, Su Cheng, while watching TV, also seemed to be waiting for Zhang Qizheng's call.

Today, Zhang Qizheng takes charge of the overall situation and closes the affairs of Hong Kong Electric Group.

However, he has been out all day today, and he doesn't know what the situation is like with Zhang Qizheng.

At eight o'clock in the evening, Su Cheng finally received a call from Zhang Qizheng.

Zhang Qizheng also called here specifically at this time.

Because he didn't know what time his boss would come home, he simply waited until eight o'clock sharp and called his boss.As soon as the call was connected, Zhang Qizheng excitedly reported to Su Chenghui: "Boss, I have good news for you. Not only has the task been completed, but it has also been exceeded."

"Oh? Tell me about the process in detail." Su Cheng said curiously with a smile.

Although he did not participate in the entire closing operation, he was also curious about what the process was like.

"That's it, boss, through Mr. Weili, we successfully invited Mr. Mario, a shareholder of Hong Kong Electric Group, and then invited other shareholders through Mr. Mario. The surprising result is that, except for the information in the information you provided, boss, In addition to the four shareholders, there is actually another shareholder who also wants to sell shares. However, this shareholder has been living in London, so no one knows about it, and you, boss, have not found out.

The negotiation went very smoothly. In the end, our transaction price was HK$6 per share. We successfully obtained 14.96% of the Hong Kong Electric Group shares from the four shareholders. In addition, the shareholder in London, UK, owned 3.66% of the shares. We succeeded in winning it, thanks to the help of Mr. Yu Xing, the president of Su Group's European branch, because I thought that if we wait for the European shareholder to come over and find that the stock has gone up, we will not be willing to sell it. Then we will have to sell it again. We spent more money, so we directly asked Mr. Yu Xing to sign an equity transfer contract with the European shareholder in the name of Su Group. Therefore, we directly obtained 18.62% of the shares in the hands of these five shareholders.

At the same time, after signing the contract with the four shareholders, I asked the trading team stationed at the Hong Kong Stock Exchange to start harvesting the remaining stocks on the stock market. All stocks below 10 Hong Kong dollars per share were directly given to us. Next, these individual stocks on the stock market finally gained another 6.43%.

Therefore, during the entire closing process, we gained a total of 25.05%, of which the five shareholders spent HK$5 million and the stock market spent HK$7.03836 million. The two spent a total of approximately HK$2.8289 million.

Therefore, now we have learned that HK Electric Group controls a total of 52.9% of HK Electric Group shares, and has completely become the controlling shareholder of HK Electric Group!
Today, I am really grateful to Mr. Wei Li and Mr. Yu Xing for their help. Without them, our net closing task would not have been completed so perfectly! "

Zhang Qizheng reported the whole story to Su Cheng in detail on the phone. Speaking of which, he was quite excited. After all, the asset size of Hong Kong Electric Group was no worse than that of Wharf and the like. In terms of market value, it was even larger than that of Wharf. Wharf is much higher. This time, it was completely under his command to win the Hong Kong Electric Group. It was another brilliant achievement in his career resume.

"You did a very good job. Your command this time was great!" Su Cheng was very happy after hearing this. He finally won another large British-owned enterprise.

Although it seems that it cost a lot of money this time, it is very worth it.

Compared with the competition from Wharf, winning over Hong Kong Electric Group can be said to be a bargain.

After all, the charter king spent billions to acquire Wharf, but in the end he only managed to acquire nearly 40% of Wharf shares.

Sioux City, on the other hand, spent only more than a billion Hong Kong dollars, but secretly acquired 52.9% of Hong Kong Electric Group's shares.

The most important thing is that the market value of Hong Kong Electric Group is much higher than that of Wharf!

Su Cheng was very sure of his ability to perform on the spot when Zhang Qizheng was unable to contact him.

As the saying goes, when a general is out, military orders will be ignored.

Zhang Qizheng expressed this saying vividly this time.

If he hadn't asked Yu Xing to help, maybe the 3.66% stock would not be in their hands, but would have ended up on the stock market.

"Boss, we have already taken over the Hong Kong Electric Group. Do we want to take over the Hong Kong Electric Group tomorrow?" Zhang Qizheng asked curiously.

More than 50% of the equity is considered a controlling stake, so now Sioux City has completely controlled the Hong Kong Electric Group, but it has not been announced yet.

If this news is announced, it will definitely create another big news for Xiangjiang.

(End of this chapter)