Chapter 304 Acquire Hong Kong Electric Group shares as soon as possible
Su Cheng and Wei Li chatted in the company until lunch. After having lunch in the company canteen, they continued to visit with Wei Li under the leadership of Wei Li in the afternoon. Each subsidiary.
Su Cheng’s work today is very simple. I haven’t been back to Xiangjiang for a long time. The main purpose of coming out this time is to understand the situation of the companies under my ownership.
Although he likes to be a hands-off shopkeeper, he still needs to understand the most basic situation, otherwise he will be irresponsible for his own property.
At three o'clock in the afternoon, Su Cheng said goodbye to Weili and asked the driver to drive to Tianyuan Investment Company in North Point.
Although Su Cheng brought Zhang Qizheng and more than a dozen traders to the beautiful country this time, there are still many staff at the headquarters of Tianyuan Investment Company in Xiangjiang. There are also deputy general managers and many senior executives responsible for managing the company. All matters.
Therefore, there is no problem at all for Zhang Qizheng to leave Tianyuan Investment Company in a short period of time.
When they arrived at Tianyuan Investment Company, it happened that Zhang Qizheng had just come back from outside, so the two of them went to Zhang Qizheng's office together.
After arriving at the office, when Su Cheng sat down, Zhang Qizheng brought a notebook over, handed it to Su Cheng and said, "This is the company's current external shareholding situation."
Su When Cheng came over, Zhang Qizheng naturally knew what was going on, and there was no need for Su Cheng to personally give orders.
This is a tacit understanding. The two have worked together for more than five years, and Zhang Qizheng has already understood Su Cheng's character.
Su Cheng nodded and opened it to read.
On the Xiangjiang side, the privatization of Hutchison Whampoa has ended, and the key players in the stock market have been secured, so now they hold 100% of the shares.
Suzhou 100% controls Tianyuan Investment Company, while Tianyuan Investment Company directly controls Hutchison Whampoa. Tianyuan Investment Company only serves as a proxy for holding shares and does not have the right to manage Hutchison Whampoa!
In addition, Jiayi TV Station has 100% shares.
Hong Kong Electric Group, 19.87% shares.
Claire Bank, 100% shares.
Wandehan Bank, 100% shares.
Laisin Cinema Company, 100 shares.
Lisheng Cinemas Company, 100% shares
Intel, 57.75% stake.
Namei Entertainment Company, 100% shares.
Philip Morris, 5.61% shares.
Coca-Cola, 2.83% stake.
PepsiCo, 3.33% stake.
Procter & Gamble, 7.61% shares.
......
Today, using Tianyuan Investment Company, Su Cheng has held many company stocks with very promising futures.
Of course, most of them do not directly hold shares in the name of Tianyuan Investment Company, but use shell offshore companies to control them indirectly.
So, basically no one can find out that the current strength of Tianyuan Investment Company is actually so strong.
Under the introduction of Lin Boxin and after many negotiations, Zhang Qizheng finally bought Lisheng Cinema Company from Lei Juekun.
Today, Su City has 22 cinemas, which is even more than Golden Harvest Cinema and Shaw Brothers Cinema. Golden Harvest Cinemas has 19 theaters, while Shaw Brothers Cinemas has 16 theaters.
Therefore, the number of cinemas run by Su Cheng is already ranked first in Xiangjiang.
Su Cheng looked at the information in the notebook quietly, while Zhang Qizheng stood aside, waiting for Su Cheng's questions.
"Uncle Zhang, what's going on with Hong Kong Electric Group now?" About twenty minutes later, Su Cheng finally closed the book, raised his head and asked Zhang Qizheng.
The last time he learned about it, the equity of Hong Kong Electric Group controlled by Tianyuan Investment Company should be around 10%. Now it is nearly 20%. It can be said that the speed of secretly acquiring shares of Hong Kong Electric Group, It's already very fast.
“Hong Kong Electric Group, like other stocks, has been affected by the international oil crisis during this period. The price has not seen any big increase, but has been falling.
Our In order to prevent the senior management of HK Electric Group from discovering our actions, traders have been cautious when absorbing HK Electric Group stocks, so it has not yet reached 15%. If we wipe out all the stocks in the stock market at once, Our holdings of Hong Kong Electric Group’s shares have already exceeded 30%.
But at the beginning, boss, you said that we should at least wait until we hold more than 50% of the shares before we intervene in the affairs of Hong Kong Electric Group. It’s best not to let them discover our ambitions, so our acquisitions are always done in a leisurely manner,” Zhang Qizhenghui reported.
Su Cheng listened and nodded, thinking about this at the same time.
International stock prices will definitely return to normal after some time. Now on the surface, it looks like a stock market crash is coming. In fact, it has not happened at all in the end. Now it is just in the worry stage, and it is also a small decline stage.
The same goes for the Xiangjiang stock market, which basically follows the international stock price.
"Well, speed up the acquisition of Hong Kong Electric Group's shares as soon as possible without being discovered by them. If you have time, you can take charge of it personally. After all, you have more experience." Su Cheng said with a smile. .
The Hong Kong Electric Group’s land is very attractive to Sioux City. As long as the Hong Kong Electric Group is acquired, the land owned by the Hong Kong Electric Group in North Point, Central, Sheung Wan, Tsuen Wan, Stanley and other places will naturally be Returning to Sioux City, when the time comes to use these land to develop real estate or properties, wouldn't it be a huge profit in the future!
"Okay, I will handle this matter myself, but the company currently does not have enough funds, which is a problem." Zhang Qizheng said directly.
With the fluctuation of the stock market, the total stock market value of HK Electric Group has dropped from more than 3.7 billion Hong Kong dollars to about 3.5 billion Hong Kong dollars.
Except for the part spent in Meimei Country, most of the money Su Cheng earned from the stock market in Meimei Country has been transferred to the account of Tianyuan Investment Company.
A large part of this money was used by Tianyuan Investment Company to acquire shares of Hong Kong Electric Group during this period.
Otherwise, it would be impossible for Tianyuan Investment Company to control 19.87% of Hong Kong Electric Group’s shares.
Nearly 20% of the shares are equivalent to the current market value of HK Electric Group's shares controlled by Suzhou City at around HK$700 million.
Su City’s capital income during this period was not much, except for the US$200 million earned from the stock market in the beautiful country.
Of course, during this period, Oracle Computer Company and its subsidiaries of the Su Group, as well as Hutchison Whampoa's subsidiaries, all relied on Oracle brand experience stores to make crazy profits.
Therefore, Su Group and Hutchison Whampoa Group have very sufficient funds in their accounts.
However, it was not yet time to settle the general accounts at the end of the year, and Su Cheng was wondering whether he should embezzle part of the funds from the two groups for use.
"How much money is left in Tianyuan Investment Company's account?" Su Cheng asked.
"Financial Director Hurley reported to me yesterday that the company currently has HK$108 million in its account. If it continues to acquire Hong Kong Electric Group, it will not last long." Zhang Qizheng said.
"There is still 100 million Hong Kong dollars left? That's okay. You can continue to collect it. When all the money is spent, tell me again." Su Cheng immediately felt relieved when he heard that there was still 100 million Hong Kong dollars in the company's account. .
(End of this chapter)