v3 Chapter 981： Completely monopolize the Xiangjiang Power Market (4000 words

Arranged for Standard Chartered Bank to acquire Cao Guangbiao's equity.

Xia Yu arranged for the British Bright Fund to make preparations and was responsible for obtaining 20% ​​of the shares of Cathay Pacific Airways held by HSBC through HSBC Holdings, the parent company of Hong Kong HSBC Bank.

Then he asked Wang Qi to make an effective strategy based on the situation of the Song family to pave the way for future actions.

In the end, Xia Yu personally set up Huo Yingdong and explained his ideas to him, hoping to acquire the 16% stake in the ground handling service company of Xiangjiang Airport.

Huo Yingdong agreed to Xia Yu's request without hesitation.

Xia Yu originally thought that after June, the first good news would be that Standard Chartered Bank successfully acquired Cao Guangbiao's equity.

But he didn't expect that he received the good news reported by Wang Qi first.

After a long period of public relations and the torture of Zhao Bo from China Power Company, the Kadoorie family was finally tired of coping, and chose to hold back the hatred and bow its head.

The Kadoorie family agreed to transfer the 34% of the shares of China Power Corporation, but they made a request to discuss with Xia Yu in person.

And stated that the location is 2 Ice House Street, Central, Hong Kong Island-St. George's Building!

This building is a 20-storey Grade A commercial building built by the Kadoorie family in 1968. It is the iconic building of the Kadoorie family on Hong Kong Island.

Although somewhat surprised by the Kadoorie family's request, the St. George's Building is not the Dragon Lake and Tiger's Nest. Xia Yu asked Wang Qi to reply to the Kadoorie family, and he will arrive at nine o'clock tomorrow morning.

...

Early the next morning, Xia Yu took a complete acquisition team and bodyguard team and drove to Ice House Street, Central, Hong Kong Island.

Under the guidance of the waiting reception staff, Xia Yu and the others came to the top floor of St. George's Building.

After the receptionist opened the door, Xia Yu saw seven people sitting inside, the Kadoorie father and son in the middle.

It's just that Roland's Kadoorie was weak, and he was supported by Michael Kadoorie and stood up. He didn't walk towards Xia Yu, but calmly nodded to Xia Yu.

Xia Yu didn't care either, and led people to approach without any haste, and reached out to Roland's Kadoorie: "Mr. Kadoorie, good morning!"

"Mr. Xia, you are welcome!"

"Please sit down!"

Roland Kadoorie said with a calm expression, lukewarm.

Xia Yu doesn’t care about Roland’s Kadoorie’s indifferent attitude. After all, he knows what he has done to the Kadoorie family in the past. Roland’s Kadoorie has been fainted by anger. At this time, it is considered that he can look so calm. Not bad.

Xia Yu sat down with a golden sword, and the subordinates who came with him also sat next to him. The two sides were clearly separated.

There is nothing to talk about with Roland's Kadoorie, so Xia Yu asked straightforwardly: "Mr. Kadoorie, in order not to delay your time, let's start now, how about?"

Roland Kadoorie nodded slightly and said, "I think so too."

Xia Yu immediately asked: "I want your equity in China Power Corporation, can you make a price?"

Roland's Kadoorie looked directly at Xia Yu, and resolutely said: "Thirty-four percent of the equity, as long as you give out 900 million, it is yours. Our Kadoorie family has nothing to do with you anymore. ."

Xia Yu looked straight at Rolandz Kadoorie, but the latter did not dodge, his eyes still firm.

Xia Yu couldn't help but chuckled and said, "Mr. Kadoorie, you are the lion's mouth open. The price is simply unrealistic. You have no sincerity!"

According to Roland's Kadoorie's bid, 34% of the equity is worth 900 million Hong Kong dollars, which means that in his eyes, China Power Corporation is worth 2.647 billion Hong Kong dollars!

This price is simply slippery in the world!

You must know that the market value of China Power Corporation at its peak in the past two years was only 1.890 billion Hong Kong dollars, or before Xia Yu's acquisition of China Power Corporation.

After the acquisition, China Power Company was constantly tossed by Zhao Bo, assets have been shrinking, internal conflicts are commonplace, and the stocks are also classified as junk stocks.

The market value of China Light and Power Company is now only 874 million Hong Kong dollars!

According to the current market value calculation, the value of the CLP Power Company's equity held by the Kadoorie family is only 297.16 million Hong Kong dollars!

Roland Scarborough’s offer is more than three times the actual value!

Higher than the market value of the entire China Light & Power Company!

No wonder Xia Yuya laughed at him for not being sincere.

"Mr. Kadoorie, if I accept your price, then tomorrow the whole Xiangjiang will laugh at me as a fool with a lot of money and nowhere to spend, do you believe it?"

Xia Yu leaned forward slightly, crossed his hands on the table, and asked with his head tilted.

Rolandus Kadoorie hadn’t spoken yet. His son Michael Kadoorie couldn’t help it. He directly choked, “Mr. Xia, everyone is a sensible person. Just point out that if you didn’t let Zhao Bo transfer assets maliciously. , And suppressed the stock price. Will China Light and Power Company be kicked out of the HSI and become a junk stock?"

"If CLP Power is a junk stock company, would you still sit in front of me and talk to us?"

"If you do not enter the China Light and Power Company, then according to the normal situation and the overall market trend, the company's market value has definitely reached more than 2.5 billion Hong Kong dollars!"

"If you want to buy the equity of our family at the current market value, then I believe there will be many companies in the United States and Europe that are willing to pay a higher price!"

"We promised to withdraw from the transfer of equity, but this does not mean that we are bullied!"

Four ifs, plus the last sentence, coupled with an angry expression, Miko Kadoori instantly gathered his momentum.

But Xia Yu could not feel the pressure. He knew that Michael Kadoorie was just a paper tiger.

The Kadoorie family can sell the equity to a foreign company, but someone needs it? They have to really want to do it!

According to the current situation of China Light and Power Corporation, companies that do not understand the situation abroad will not pay high prices even if they want to buy it. If they know the situation, they will hesitate to pick up this hot yam.

Furthermore, if the equity is sold to a foreign company, the Kadoorie family chooses to make the already bad relationship worse.

The other assets of the Kadoorie family are basically in Hong Kong, including companies in the fields of real estate, textiles, carpets, and rubber.

With the current power of the Jiuding Consortium, if Xia Yu deliberately wants to smash them, then the future of their Kadoorie family is completely predictable, and the Jiuding Consortium can encircle the Kadoorie family in all directions.

The Kadoorie family will hold back the hatred and negotiate with Xia Yu, all for the family's future interests.

Because Xia Yu had this knowledge in his heart, he didn't care about Michael Kadoorie's last bluff.

Now that the Kadoorie family has shown a gesture of submission, there is no need for him to be cheap and behave in order to save them some face.

He only smiled and said, "Mr. Kadoorie, I never thought you were bullying, and I didn't have this idea. It's just a matter of fact."

"I didn't say that it is calculated based on the current market value, but since you think it is not appropriate, then I will give you the Kadoorie family a face, based on the current market value, a premium of 40%."

After speaking, he looked at his subordinates next to him and said, "How much is it?"

The subordinates had already calculated it, and immediately reported the result: "The premium is 40%, which is 416 million Hong Kong dollars!"

Xia Yu smiled and looked at Roland Kadoorie again, and said, "Mr. Kadoorie, I am already very sincere at this price, right?"

"I usually buy companies, often at par or lower prices, and the highest premium is 20%!"

Michael Kadoorie raised his brows, and just wanted to argue, he was stopped by Rolandz Kadoorie.

I saw Roland Kadoorie staring at Xia Yu and said: "Mr. Xia, the shrinking assets of China Light and Power Company have entered the Xiangjiang Electric Light Company, and the Xiangjiang Electric Light Company is your company. You have invaded our interests. Now But pretending to be generous, isn't this too much?"

Although Xia Yu did this, he couldn't admit it.

He shook his head and denied: “Mr. Kadoorie’s words can’t be said indiscriminately. Why China Light and Power Company is listed as a junk stock? The reason is that the company’s management is chaotic and the business situation and revenue are very bad. Is the board opposed for the sake of opposition?"

"Which proposal Zhao Bo proposed to the board of directors is not beneficial to the company?"

The accusation made by Xia Yu is true, and public opinion outside is also the same, so Roland Kadoori certainly will not argue with Xia Yu in this regard, and it is untenable.

So he took a step back, maintained his decency with high-sounding words, and offered another price.

"The development of the company is related to all members. The reason why we oppose it is because the proposal is unreasonable, which will bring huge risks to the company."

"We need to take responsibility, but only a small part of it. To show our family's responsibility, I can take a step back and the price is 100 million Hong Kong dollars lower, which is only 800 million!"

...

Both sides took a step back, and the price negotiation was finally on the right track.

Next, not only Xia Yu and Roland Kadoorie and his son negotiated, but the negotiators from both sides also participated in the negotiations.

After more than an hour of intense negotiation, the prices of the two parties are very close.

Xia Yu offered 600 million Hong Kong dollars, and the Kadoorie family offered 620 million Hong Kong dollars.

Xia Yu and Lorenz Kadoorie looked at each other and fell silent. As for the others, they did not speak.

Everyone present knows that the final decision is in the hands of two people, and they will only bid again, depending on who speaks.

Xia Yu knows that in today's negotiations, the price is not what Roland Kadoorie really cares about. It is said that more than 600 million Hong Kong dollars is enough to save face.

What he cares more about is other things, which is the key to Roland's Kadoorie needing Xia Yu to negotiate in person.

Before Xia Yu came, he was ready.

Based on the performance of the Kadoorie family in the negotiations just now, Xia Yu is willing to give this thing.

In his opinion, among the other assets of the Kadoorie family, there is no longer what he needs.

He smiled and said, "Mr. Kadoorie, since we have reached this level, then we should take a step back and I will add 10 million Hong Kong dollars, 610 million Hong Kong dollars!"

"Without the burden of the China Light and Power Company, it has increased by 610 million Hong Kong dollars. I believe that with the capabilities of you and Mr. Kadoorie, the Kadoorie family will have a smooth path in other fields."

"I think we will still have opportunities for win-win cooperation in the future, and it must be a pleasant one."

"What do you think?"

Roland's Kadoorie squinted his eyes and took a deep look at Xia Yu. There was a smile on the wrinkled old face, and he said profoundly: "Mr. Xia has never missed his speech on the capital market. The outlook for the future will certainly not be wrong, so it is your blessing."

"This can't be wrong, I wish the Kadoorie family a bright future!"

Xia Yu hugged his fists and smiled calmly, with a deep meaning in his smile.

The father and son Rolandz Kadoorie and Michael Kadoorie breathed a sigh of relief. After looking at each other, Rolandz Kadoorie told his subordinates: "Get the contract ready."

After that, the subordinates of both parties became busy together, and a complete contract was soon drawn up. After confirming that there were no traps, Xia Yu and Roland Kadoorie formally signed the contract.

Finally, Xia Yu had an additional transaction contract and proof of equity in front of him.

After Xia Yu signaled to his subordinates to put it away, he got up and stretched out his hand to Roland Kadoorie.

The latter stood up with the support of Michael Kadoorie and stretched out his hand to shake hands with Xia Yu.

"Mr. Kadoorie, thank you for your generosity!"

"Wait, I have to trouble you to arrange someone to follow me on a trip to Jiuding Bank. All the money will be credited to your HSBC bank account."

Xia Yu smiled and said to Roland Kadoorie.

"No problem, wait for me to let Michael go with you." Roland Kadoorie finished speaking, then looked at his son, who nodded immediately.

Considering that noon was approaching, Xia Yu immediately took Michael Kadoorie to Jiuding Bank.

St. George's Building is in Central on Hong Kong Island. The HSBC headquarters is 50 meters away, and Jiuding Bank is only more than 40 meters away from St. George's Building.

Liu Tianci received Xia Yu's instructions yesterday, so he stayed at the headquarters this morning.

When Xia Yu arrived with Michael Kadoorie, he immediately arranged for personnel to transfer the funds and put 610 million Hong Kong dollars into the account designated by Michael Kadoorie.

Then he personally accompanied Michael Kadoorie to the HSBC Bank and agreed with Shen Bi on the subsequent transfer procedures of funds.

Of course, Xia Yu doesn't care about these things anymore.

He only knew that after taking the equity of the Kadoorie family, in addition to the total of 3.6% of the equity still held by the public, he actually already held 96% of the CLP Power Company. Diansi's equity plus the wholly-owned Xiangjiang Electric Light Company, he completely monopolized the power market of Xiangjiang and became the veritable king of electricity!

In the afternoon of the same day, Zhao Bo, President of China Power Corporation, formally applied for delisting to the oldest Hong Kong Stock Exchange.

Despite repeated persuasion by the shocked chairman of the board of directors of the Hong Kong Stock Exchange, in the face of Zhao Bo's resolute attitude and high shareholding ratio, he could only sign and approve the agreement with a sigh.

The exchange suspended trading of the China Light & Power Company's stock in the afternoon and issued an explanatory announcement. After the news came out, the exchange was shaken and the whole Hong Kong was shocked, and then the influence spread to Southeast Asia at a rapid pace...

PS: Actually speaking, the Kadoorie family has suffered a loss for the purchase price of 610 million. The market value of China Light and Power Company was around 1.89 billion before the decline. Xia Yu had acquired at least a 20% premium before.

Xia Yu has another title of "The King of Electricity" on his head. Don't you vote for congratulations?

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