Rise up Hong Kong!Build a super wealthy Zhuang family

Chapter 47 Charter King successfully acquired Wharf, shocking Hong Kong

Around 11:50 noon that day.

In the lobby downstairs of World Shipping Group.

Dozens of reporters gathered here eagerly, waiting for the press conference to begin.

At about 10 o'clock in the morning, after Mr. Bao left Huaqi Bank, he asked Wu Guangzheng to contact reporters all over Hong Kong and hold a press conference at 12 noon.

At this time, it is over there with the Land Company.

"Damn it, how did you do it? Where did he acquire it so quickly? Is the news confirmed?" Henry Keswick, executive chairman of Jardine Matheson, received the news that Bao Yugang had completely acquired more than 50% of the shares of Wharf. , suddenly became furious and immediately convened another emergency internal meeting.

The general manager of Real Estate, Mr. Bao Fuda, and the general manager of Jardine Matheson Group, Mr. Niu Bijian, were scolded until they were bloody.

"Boss, the information our management at Bao Yugang received is very positive. In addition, they contacted reporters from all over Hong Kong, so the credibility is very high."

"Damn it, you all deserve to die. Do you know what it means to lose Wharf?"

"It will cause the entire Jardine system to lose all its docks and warehouses. How big an impact will this have on our entire group? Do you know?"

"Sorry. boss."

"I'm not asking for your apology. Tell me, what should we do now?"

"Boss, now we need to find out whether the other party has controlled more than 51%. If things cannot be changed, I suggest that we immediately talk to Bao Yugang and give them the equity before the news is made public."

"what?"

"You said you sold the equity to him?"

"Yes. Boss, at least we won't lose this way. Wouldn't it be better if this price allows us to get a large amount of funds at the same time to fund overseas development?"

"Yes, Chairman Henry. Anyway, our Jardine Matheson Group has planned to focus its core development overseas, so we should take advantage of this time to sell Wharf shares to him in exchange for more current development."

"Henry, General Manager Newbikin is right, you can try this method."

"Yes, I also agree with this operation."

"I agree."

"agree."

A group of shareholders sitting in front finally spoke at this time.

In 76, Jardine Matheson Group began planning to transfer the core development of Xiangjiang Group overseas.It was officially implemented in 78.

Now two years have passed, many of Yihe's industries have been developed overseas, and a lot of funds have been invested.Therefore, they did not pay much attention to the acquisition of Wharf by Chinese capital.

On the contrary, the price of Wharf has been driven up now. If they can ship goods at this time, it will bring a lot of cash to their group.

"Okay, doesn't he still have a purchase order in the market? How many stocks are there that are not full?"

"760 million shares are enough."

"Let it go to him, and contact Bao Yugang and tell him that if he wants to control the Wharf Company stably, he must buy at least 1000 million of our shares at the current price, otherwise he will never be able to control the Wharf Company."

"I understand Chairman, I will contact him immediately."

At the same time, Global Shipping Group is here.

"Thank you to all the media for attending the press conference held by Global Shipping Group today."

"This press conference will announce three things, and it will also be the beginning of a huge transformation for Global Shipping Group. I hope it will be smooth sailing in the future."

"The first thing to announce: After more than two years and a cost of nearly 20 billion Hong Kong dollars, a subsidiary of Global Shipping Group has finally completed the acquisition of Wharf Company, and currently holds 50.31% of the shares."

"Wow!!!!"

"Clap clap clap!!!"

Before Bao Yugang finished speaking, the news shocked all the reporters present.

They did not expect that Bao Yugang would actually complete the acquisition of British Capital Industry. You must know that British Capital Industry has always been noble in Hong Kong.What's more, the Wharf acquired by Pao Yugang is still Land and Jardine Properties.At the beginning, the whole of Xiangjiang, even the tycoons in Xiangjiang, did not believe that Pao Yugong could acquire Wharf under the protection of Land and Jardine.

Now…….

Everyone was slapped in the face. Bao Yugang actually did it. At the same time, they were also shocked that the charter king had enough funds to actually win the Wharf.

"Baosheng Global Shipping has completed the acquisition of 50.31% equity in Wharf. Will it continue to increase its stake in Wharf and become an absolute controlling shareholder of Wharf?"

"Can Mr. Bao tell you what his plans will be after taking control of Wharf? Will he drive Land shareholders out of Wharf, or will they live in peace?"

"Excuse me, Mr. Bao. It is said that the source of funds for your acquisition of Wharf was all provided by HSBC. Can you tell me whether you have reached some kind of agreement with HSBC?"

"Sheng Bao, I would like to ask, you have paid a large price to acquire the Wharf Company. Does this mean that you have abandoned the ship and docked it? Will Global Shipping Group continue to operate? Are you going to give up sea freight?"

"Sheng Bao, please ask..."

....................................

The reporters on the scene swarmed into the microphone in front of Bao Yugang, as if the news had great appeal to them.The reporter's excitement also made Bao Yugang unable to continue talking.

At this time, Wu Guangzheng, who was next to Bao Yugang, immediately waved his hand to the security personnel.

"Journalists, please be quiet. After we finish announcing the matter, there will be time for questions."

"Thank you for your cooperation."

After the intervention of security personnel, all reporters were reluctant to return to their seats.

"Dear media reporters"

"Thank you all for your concern for me personally and the future development of Global Shipping Group and Wharf. Your questions will be answered one by one later."

"The acquisition of Wharf has triggered the fulfillment of the offer conditions. In the future, it will continue to increase its shares to 51% of the equity to achieve absolute control. Global Shipping Group will also communicate with Wharf Main Group Land and shareholders who own Wharf equity."

"Second: As the largest shareholder of Wharf, I hereby announce that I will soon take up the position of chairman on the board of directors of Wharf Corporation. I also announce that I will submit a general offer application to the Hong Kong Monetary Authority. In the future, Wharf will not rule out delisting or private ownership. Business.”

"Third: If the comprehensive equity offer cannot be achieved within the stipulated time, I will increase the capital of Wharf to expand its scale. At that time, I will also merge Global Shipping Group and Wharf to form Wharf Group."

"Thank you everyone. There is still time left for reporters to ask your questions..."

....................................

The news spread instantly in Xiangjiang.Such a big thing does not need to be spread through newspapers at all. Word-of-mouth spread by individuals has become a hot topic.

Indeed it is.

After all, the acquisition of British-owned industries by Chinese capital is currently the first successful case in Hong Kong, which is of course particularly eye-catching.You must know that British capital, which has just entered the 80s, is still deeply rooted in the hearts of the people.

At this time, there were still many people in Xiangjiang who were proud of being able to join foreign banks and foreign-funded groups.Nowadays, the inviolable and noble shell of foreign companies has been revealed by Chinese capital. How can it not attract attention?
Especially other Chinese tycoons in Hong Kong.

At this time in Sun Hung Kai.

"Bao Sheng is amazing. I didn't expect that he actually succeeded. While it is enviable, it also makes us understand one thing. The era of British capital has really passed."

"Yeah, I never thought that Bao Sheng could really succeed in acquiring Wharf. From this, it can be seen that neither Jardine nor Land is that powerful."

"You said, if we don't take this opportunity to get involved, there will be many British-owned subsidiaries."

"Hahaha..., good idea."

Although the Three Musketeers of Sun Hung Kai Group have parted ways for quite some time.Guo Desheng is now the executive chairman of Sun Hung Kai Group. In addition, Li Zhaoji also founded Henderson Land Development, and Feng Jingxi also has his own company.

But the three of them often gathered together to talk about various things as before.

At the same time, the news spread to New World Cheng Yutong, Hang Lung Group's Chen Zengxi, Tai Sang Real Estate and Bank's Ma Jincan, Kowloon Construction's Lei brothers, Chinachem Group's Wang Dehui, Great Eagle Group's Luo Yingshi, Far East Group's Qiu Dekan, Lai Sun Group's Chen Baixin and others. At that time, everyone started to move.

They all know that times have changed.

(End of this chapter)