Chapter 399 Information Disclosure
The Kadoorie family is the actual controlling shareholder of China Power. In recent years, relying on the golden egg of China Power, the Kadoorie family has lived a very prosperous life in Hong Kong.
Moreover, the Kadoorie family has always kept a very low profile. Although their wealth has reached one of the top ten financial groups in Hong Kong, the Kadoorie family has never taken these so-called honors seriously.
They prefer to make a fortune silently.
The Kadoorie family, which holds 40% of the shares of CLP Power, never thought that anyone would target their CLP Power Corporation.
Therefore, Zhang Qizheng's trading went very smoothly.
In the next more than a week, the trading team organized by Zhang Qizheng has been secretly controlling the stock market of China Electric Power.
Even, in order to be more confident and use the information they had, Sioux City spent HK$400 million to acquire a total of 12.5% of China Power shares from three British people.
Nowadays, many British people want to sell off their assets in Xiangjiang and evacuate Xiangjiang as soon as possible to prevent the possibility of a collapse of their assets in Xiangjiang in the future.
This also provided Su Cheng with great convenience, otherwise he would not have been able to take over the shares from these British people so easily.
In addition, in more than a week, Zhang Qizheng's trading team successfully acquired 8.2% of China Power's shares at a cost of about HK$300 million.
After that, it will be difficult to continue to absorb.
In the stock market, everything that should be absorbed has basically been absorbed.
There is no need to continue to acquire the remaining high-priced listings.
Moreover, they were all acquired at a price lower than CLP Power’s valuation, so no matter what, Sioux City would not lose.
The market value of China Power is around HK$4 billion.
Today, the Kadoorie family holds 40% of the shares, and Sioux City's Tianyuan Company holds 20.7% of the shares.
When Su Cheng heard Zhang Qizheng's report, Su Cheng said directly: "Next, you can turn from darkness to light."
This means that Tianyuan Company can acquire Zhonghua in an open and honest manner. Electric power stocks, there is no need to continue to do this secretly.
At the same time, Sioux City officially initiated an acquisition intention from China Power!
It is impossible for the Hong Kong Electric Group to acquire it, because the assets of the Hong Kong Electric Group are not as good as those of China Electric Power Group. The cash flow of China Electric Power Group is greater than that of the Hong Kong Electric Group every minute. How can it acquire a company that is bigger than itself? enterprise?
Therefore, Su City can only acquire it in its own name.
Because he has a lot of money!
At the same time, he also told Chivalry News the first-hand information about his intention to acquire China Power.
When Su City sent the letter of intention to acquire to China Electric Power Corporation, Chivalry News also reported the news simultaneously.
Suddenly, the news that Su City planned to acquire China Power spread throughout Hong Kong.
The Chivalrous News became the best-selling newspaper that day, with more than 500,000 copies sold at one time.
In any era, there are many people who eat melon. Especially for the fact that Sioux City plans to acquire China Electric Power, it is news that must be paid attention to by ordinary people.
Sioux City is Chinese, and to ordinary Xiangjiang people, they are one of their own.
Instead of saying that everyone is just a bunch of people, it is better to say that everyone hopes that Sioux City can really acquire China Power and make China Power a truly Chinese-owned enterprise instead of a foreign company.
At the CLP Power headquarters in Argyle Street, Homantin, Kowloon, Hong Kong, the chairman of CLP Power, Lawrence Kadoorie, was discussing with his son Michael Kadoorie how to deal with the matter.
For them, the news came too suddenly.
Who is Su Cheng? That is the man who is called the richest man in the world.
In the past few decades of development, the Kadoorie family has continued to grow in strength, but if they want to compare with Su Cheng in terms of wealth, they naturally feel inferior.
"Father, we hold 40% of China Electric Power's shares, so we don't have to worry that he can take our controlling stake!" Michael Kadoorie said from the side.
Three generations of the Kadoorie family have always been prosperous but not prosperous.
"That's what I said, but if Mr. Su Cheng wants to win the 60% of the outflowed stocks, with his strength, he can really win it, even if he only ends up becoming the second largest shareholder of China Power , do you think we can still sleep? When the time comes, we will have to guard against him coming to devour our equity every day, and our lives will no longer be able to continue to develop in a low-key manner." Rowlands Kadoorie sighed.
CLP Power’s power station was forced to blow up during World War II. After World War II, Rowlands Kadoorie rebuilt the CLP Power Company again. After more than thirty years, CLP Power finally reached its current state. At this scale, it can be said that China Power was rebuilt and developed by Rowlands Kadoorie. Now that it is being targeted, although Rowlands Kadoorie feels very angry, he is also very powerless.
This is the first time since the end of World War II that he has been targeted like this. Before that, their development had always been smooth, even much better than that of the Hong Kong Electric Group on the other side.
While the two were discussing, there was a knock on the door.
"Come in," said Laurence Kadoorie.
The door opened and it was the general manager of China Electric Power.
"Mr. Chairman, I have something important to report to you." The general manager came to the two of them panting.
"What's the matter, just tell me." Laurence Kadoorie said impatiently. He was not in a good mood at all now.
"It's like this. Just now, we learned that Mr. Su Cheng's Tianyuan Investment Company is buying up our stocks. In addition, the stocks of three shareholders including Edgeworth Rex have also been sold to Mr. Su Cheng, it seems that Mr. Su Cheng really has plans to annex China Electric Power." The general manager took a deep breath and then directly reported everything he knew.
"Edgworth Rex and the others are really traitors. They did not consult us at all, Falk!" Michael Kadoorie said angrily.
"You go out first." Lawrence Kadoorie glanced at his son, and then said to the general manager of China Electric Power.
"Okay, Mr. Chairman." The general manager looked at the two of them and silently exited the office.
Although he does not hold shares in CLP Power, he is equivalent to a grasshopper on a rope with Laurence Kadoorie. If Kadoorie loses the controlling stake of CLP Power, then he, the general manager There is a high probability that they will be kicked out.
"This matter is difficult to handle. No matter what, we must not lose China Electric Power. This is the lifeblood of our family!" Rowlands Kadoorie said seriously.
“Of course, Father, we have accumulated a lot of wealth over the years. Why don’t we acquire stocks at all costs and let our holdings exceed 50%, so that we are not afraid of Mr. Su Cheng at all? !" Michael Kadoorie said directly.
(End of this chapter)