Chapter 410 The news came too suddenly
At 10 a.m. on December 20, the CLP Power Headquarters on Argyle Street, Ho Man Tin, Kowloon, Hong Kong.
Today, many reporters and media came here. These people were naturally invited by the Kadoorie family.
After the negotiation was completed, the Kadoorie family was completely relieved. Although they suffered a lot, the overall impact on the future of the family was not significant.
In the past few days, the news that Su Cheng, the world's richest man, wants to acquire China Power has become more and more intense.
Therefore, after receiving the invitation from CLP Power, all the media arrived at the headquarters of CLP Power on time.
Since a press conference is to be held, there must be something big that needs to be announced to the people.
Could it be that Mr. Su Cheng completed the acquisition of China Power?
This is what many people think.
After all, in the eyes of many people, it should not be difficult for Sioux City to win over China Power.
Sure enough, these media reporters saw Su Cheng on the rostrum of the press conference.
However, today Su Cheng did not sit in the central position of chairman, but sat next to Michael Kadoorie.
“Everyone, I am here today to announce the news to you that our Kadoorie family has continued to increase our stake in CLP Power. At present, the stocks in our hands have reached the standard of controlling CLP Power. , In the future, our Kadoorie family will continue to be at the helm of the China Light and Power Company and protect the power supply of the Kowloon Peninsula." Rowlands Kadoorie said quietly into the microphone without showing a trace of complacency.
After all, the Kadoorie family previously held 40% of the shares of CLP Power. The reason why they have not increased their holdings is because they feel that with this share of equity, no one should be able to challenge their Kadoorie control of CLP Power. .
What I didn’t expect was that a reckless man from Sucheng came and wanted to take away China Power from them with abundant funds.
Fortunately, Sioux City's action was finally stopped after Laurence Kadoorie approached Governor Malihose and received the help of Mr. Malihose.
In fact, the Kadoorie family did not gain any benefits from this business competition, but instead paid a heavy price.
How could Laurence Kadoorie laugh in such a situation!
Hearing what Rowlands Kadoorie said, the reporters at the scene all looked very surprised.
Since Laurence Kadoorie has increased its holdings in CLP Power Corporation, even reaching 50.7%, it is impossible for Sioux City to acquire CLP Power Corporation.
Does this mean that Su City finally failed?
Previously, although Su Cheng seemed to have given up in the Wharf competition, the profits he made from it were very large. Therefore, no one would think that Su Cheng really failed in that competition. , on the contrary, they expressed their appreciation for him openly provoking competition from Wharf, but secretly taking over Hutchison Whampoa Group by surprise.
This is the master!
After that, a series of business operations in Sioux City never failed.
Could it be that Sioux City’s undefeated myth is about to be defeated?
Everyone has this idea.
And it’s even more incredible.
After all, everyone knows that Su City’s current book cash flow is very terrifying, comparable to the stored funds of large banks.
However, this high-profile publicity to acquire China Power failed in just a few days?
But, looking at the look on Laurence Kadoorie’s face, it doesn’t look like him? If he defeated Su Cheng head-on, logically speaking, he should be all smiles.
But looking at his expression now, he doesn't look like a winner at all.
This matter is a bit confusing.
The people at the scene were talking a lot and looked towards Su City, hoping to get answers from Su City.
Rorlands Kadoorie didn’t want to say too much, because in this competition, except for the Kadoorie family’s shareholding in CLP Power increasing from 40% to 50.7%, all other conditions were met, which was very important to Kadoorie. As far as the family is concerned, it is considered a shame!
However, as a listed company on the Hong Kong Stock Exchange, CLP Power has no choice but to disclose specific matters to the public.
So, Lawrence Kadoorie planned to let Su Cheng speak these things himself. It was too uncomfortable for him to say it.
The microphone was also moved to Su Cheng.
At this moment, everyone on the scene stopped their discussion with a tacit understanding, and all eyes turned to Su Cheng.
"Hello everyone, we meet again. Today I met many old friends." Su Cheng said with a smile.
HK Electric held a press conference not long ago to announce the departure of Bader and the appointment of Wei Li.
Basically, all the reporters who participated last time came to CLP Power this time.
The audience applauded, and then continued to wait for Su Cheng’s words.
“As everyone knows, I want to win over China Power this time because I am very optimistic about the development prospects of China Power. In addition, I have made some money in crude oil. I can’t make this money. Just leave it like this? So it is the most suitable investment, so I focused on China Electric Power." After Su Cheng said this, the scene burst into laughter.
Made some money in the crude oil market? joke!
This is not a small amount of money, but worth tens of billions of Hong Kong dollars. Although it should not be sold out yet, it does not delay its true value at all!
When everyone became quiet again, Su Cheng continued: "Originally, I was full of confidence in the acquisition of China Power, but this time, I received a request from the government. The government does not want all of Xiangjiang to be acquired. The power supply company is in the hands of one person, so I had to stop this acquisition. As a Xiangjiang person, I respect all relevant policies of the Xiangjiang government.
Although I failed to acquire China Electric Power, I have to stop buying it. I have gained nothing at all. This time, through the mediation of the Governor, Mr. MacLehose, the Tuen Mun, outlying islands, and Sai Kung areas of Hong Kong will be included in the power supply scope of the Hong Kong Electric Group. From now on, the power supply in these places will be taken care of by the Hong Kong Electric Group. , I am also very grateful to China Power for its courtesy, and I also hope that Hong Kong Electric Group and China Power can work together to develop together in the future.
At the same time, I also promise here that in the future, without government approval, As long as I control the Hong Kong Electric Group, I will no longer be interested in CLP Power. Half of the CLP Power I controlled during this period has now been sold to the Kadoorie family, and the other half has returned to the stock market.”
After Su Cheng finished speaking, everyone at the scene was shocked.
China Power, has it lost the power supply rights to the three major sites?
Moreover, Mr. Sioux City actually sold off all the shares of China Electric Power Holding he held without a word. So, this means that China Electric Power and Sioux City no longer have a dime relationship.
In this way, is there any room for speculation in China Power’s stock?
This ending is unexpected by everyone.
This news came too suddenly.
(End of this chapter)