People in Hong Kong create super chaebols

Chapter 371 Press Conference of Hong Kong Electric Group
Sioux City's acquisition of the HK Electric Group is a big event for the HK Electric Group and even Hong Kong as a whole. It cannot be settled with a piece of advertising.

Therefore, holding a press conference is very necessary.

Sioux City's intervention will also be more conducive to the future development of Hong Kong Electric Group.

After all, with Sioux City, the world's richest man, as the boss, everyone will trust HK Electric Group more.

After everyone sat down, Su Cheng stood up and stretched out his hand. The noisy environment instantly became quiet.

This is the intimidating power of Su Cheng after becoming the richest man. He can be respected by others without having to do anything.

Originally, Bud wanted to make an opening statement.

However, Su Cheng didn't need it and moved the microphone directly in front of him.

"Everyone, I believe you are all very curious as to why Hong Kong Electric held a press conference today, and why I went out here?" Su Cheng said with a smile.

Off the court, no one spoke as they waited quietly for Su Cheng's follow-up words.

After looking around, Su Cheng continued: "I won't beat around the bush, let's just say it directly. My subsidiary Tianyuan Investment Company has controlled 52.9% of the shares of Hong Kong Electric Group. From today on, I will be the chairman of Hong Kong Electric Group. Taipan, Mr. Bader will step down from his position as Taipan and temporarily assume the position of President of HK Electric Group, while all other positions will remain unchanged for the time being."

Originally, for a listed company like Hong Kong Electric Group, such a major personnel change would have to be decided by a board meeting, followed by a vote by the board members.

However, Sioux City is now the controlling shareholder of Hong Kong Electric Group, and the objections of other shareholders are invalid.

Therefore, the voting part of the board meeting can be omitted directly.

Su Cheng only needs to declare his appointment directly and does not need the consent of others at all.

As soon as the words ended, fierce applause erupted in the venue. The applause was as loud as thunder. Especially the Chinese people were so excited that they stood up.

On the other hand, the middle and senior managers who originally belonged to the Hong Kong Electric Group looked at each other and could not imagine this fact.

It’s incredible. How could the Hong Kong Electric Group be controlled?

Many of them have worked for HK Electric Group for most of their lives and are very familiar with HK Electric Group. Naturally, they know the shareholding structure of HK Electric Group.

Unexpectedly, apart from the news in the stock market a few days ago, Sioux City, the world's richest man, actually took over the Hong Kong Electric Group without everyone knowing.

As soon as this news came out, it absolutely shocked the whole of Hong Kong.

Hong Kong Electric Group, this is the only power supply company on Xiangjiang Island, and there are only two in Hong Kong.

China Electric Power in the north and Hong Kong Electric Group in the south have always been one of the two power suppliers in Hong Kong.

With the development of science and technology and the increase in the population of Xiangjiang, the status of these two power companies in Xiangjiang is getting higher and higher. They can live happily just by selling electricity.

Moreover, they are all companies with a long history in Xiangjiang and control a large amount of land in their hands.

Relying on the land they previously hoarded, these two power companies have now begun to get involved in the real estate industry, and their future is immeasurable.

Now, one of them, Hong Kong Electric Group, the power supplier on Xiangjiang Island where there are the most foreigners, was just taken over by Sioux City.

This is simply a slap in the face of the British consortium.

"Everyone, if you have any questions, you can ask them. I will satisfy you today, but the questions are only about Hong Kong Electric Group." Seeing that the applause gradually died down, Su Cheng continued with a smile.

As soon as Su Cheng finished speaking, many reporters raised their hands. "Jiayi TV reporter over there, you ask questions first." Su Cheng pointed at the Jiayi TV reporter and said.

After all, Jiayi TV station is his own, so naturally Jiayi has priority to ask questions.

"Mr. Su, I would like to ask, how did you acquire 52.9% of the shares of Hong Kong Electric Group? As far as I know, the shares of Hong Kong Electric Group are very dispersed, and there are so many shareholders who hold shares. Want to win over all of them?" It must be difficult to acquire so many shares of Hong Kong Electric Group without even knowing it!" A reporter from Jiayi TV stood up excitedly and asked questions.

Although Su Cheng is his boss, in this environment, he naturally knows that it is not appropriate to call Su Cheng boss, but Mr. Su is the most appropriate.

"I can answer this question for you now. We have been planning the stock market of HK Electric Group for several months. In these months, we have successfully controlled more than 20% of the stocks. In addition, there are several investors of HK Electric Group. The shareholders also transferred their stocks to us privately, and coupled with our sweeping acquisitions in the stock market a few days ago, the result is that I am standing here today." Su Cheng said with a smile.

Now that the acquisition of the Hong Kong Electric Group has become a fact, these things no longer need to be hidden.

After all, Sioux City's acquisition of Hong Kong Electric Group's stocks was aboveboard and aboveboard. There was nothing illegal involved. It was purely an ordinary business move.

After Su Cheng finished speaking, the audience applauded again.

They knew that although Su Cheng said it was simple, not everyone could do it.

In the whole of Hong Kong, Su Cheng may be the only one who can take down the Hong Kong Electric Group without being discovered by others.

After all, more than 20 to [-] billion in cash cannot be taken out casually.

At the beginning, in order to win the Wharf, the chartering king would have been impossible to accomplish if he had relied on his own cash flow.

Therefore, I can only borrow money from Huifeng Bank.

In this case, the action will naturally no longer be confidential.

But Su Cheng was different. All the money he spent was his own private money. If he wanted to avoid being known, he only had to act secretly.

"Next, let's ask the reporter from Chivalry News." Su Cheng continued.

When other reporters heard this, they could only feel envious.

After all, everyone knows that both Jiayi TV and Chivalry News are Su City's industries. It is understandable that Su City asked them to ask questions first.

"Mr. Su, do you have any plans to privatize Hong Kong Electric Group?" a reporter from Chivalry News asked.

"On this issue, I can also tell you very clearly here that I will not privatize the Hong Kong Electric Group. As a listed public utility company, the Hong Kong Electric Group has the obligation to remain in Heung Kong Securities Co., Ltd. and become everyone's investment. The goal is to continue to be supervised by the citizens of Hong Kong instead of becoming my private company. At the same time, I also solemnly promise to everyone here that the stocks I control in Hong Kong Electric Group will not exceed 53%. Therefore, everyone is welcome to have an interest in Hong Kong Electric Group. The Hong Kong Electric Group will take a shareholding and let us develop the Hong Kong Electric Group better together!" Su Cheng replied with a smile.

In fact, it is basically impossible for Sioux City to privatize Hong Kong Electric Group, and it is impossible for the government to allow him to do so.

Therefore, Su Cheng's words were just going through the motions.

Even if it only controls 52.9% of the stocks, Sioux City can already completely control the development of Hong Kong Electric Group.

As for not getting all the profits?

Sioux City is not such a greedy person. In the future, Hong Kong Electric Group will focus on industries with no technical content such as power supply, real estate, and advertising. If it can get half of the profits, Sioux City will be satisfied.

Anyway, relying on the future technology obtained by Xiao Ai, Su City will not put it in Hong Kong Electric Group, but in Su Group and Hutchison Whampoa. After all, these two groups are 100% controlled by him. of.

(End of this chapter)