v3 Chapter 1366： Hongsu Great Change

Chapter 1366 Hong Su's Great Change

"Shocked, this Tuesday morning, Wheelock Shipping Company submitted a voluntary delisting application to the HeungKong Stock Exchange and the HeungKong Securities and Exchange Commission..."

"Following the payment of the 11.5 million Hong Kong dollar fine on March 27, Wheelock Shipping has once again undergone tremendous changes..."

……

Wednesday, April 10th.

Xia Yu drank tea leisurely while reading the newspaper.

There is still an inexplicable smile on his mouth.

Yes, the privatization of Wheelock Shipping Company is his handwriting, but there is no report in the media, and no Chinese in Hong Kong know about it.

After all, the subject of delisting and privatization is Tolling Australia.

The reason why Toll was asked to come forward, Xia Yu also had many considerations.

The most direct one is to save delisting costs.

The harm caused by financial fraud of Wheelock Shipping Company is extremely far-reaching. If Xia Yu does not interfere more, the stock price of Wheelock Shipping Company will not come out in a few years.

In the past March, Wheelock’s share price was very depressed. At its lowest, its market value fell to HK$4.22 billion, which was less than 1.5 times the company’s net assets.

Because of Toll's extremely high shareholding ratio in Wheelock Shipping, no institution is willing to speculate on this stock, and the trading volume is naturally stagnant.

However, if companies with the aura of Xia Yu’s Jiuding Consortium dared to come forward and receive shares, the stocks in the backwater pool will definitely break out again. This is the appeal and influence of the Jiuding Consortium.

Xia Yu didn't want to show that it was too ugly, so the price of showing up was an extra one or two billion Hong Kong dollars. Although his money was a lot, it was not caused by a strong wind, so it should not be wasted.

It would be better to let Toll privatize, with the lowest cost, and it won’t attract people's imagination.

Secondly, Toll needs Wheelock Shipping to complement its international business territory. Toll is already its own company anyway, and it is the best choice for it to completely annex Wheelock Shipping.

Furthermore, it involves deeper considerations.

His prestige in Xiangjiang is already in the sky. I don't know how many people call him the King of Xiangjiang. Some things are too late. Even if you can't hide it from everyone in the future, you have to do superficial work.

He killed three of the four major British consortia that originally ruled Xiangjiang, and he also cleaned up the Kadoorie family. Now if Wheelock was completely swallowed by him, it would be too much.

There are many benefits for Toll to annex. This company is Australian, and the Bright Fund behind Toll is a British capital magnate. If Xia Yu lets the Jiuding Consortium and Wheelock Shipping Company work together, it seems to the outside world It is a strong alliance, and Wheelock Shipping will return better and safer than living directly under the Jiuding Consortium.

Anyway, the money is in his hands, and there is no difference in essence. The big deal is to buy some shares to do superficial work in the future.

In the next half month, Wheelock Shipping Company repurchased all shares at a price of HK$3 per share.

This price is higher than the lowest stock price in March, and it is not black on the surface. For investors, the stocks they hold can be solved.

In the entire delisting and privatization process, Toll spent a total of 1,915,98 million Hong Kong dollars.

With the arrival of Wheelock Shipping, the other five listed companies on the Hong Kong stock market have also all acquired.

Although the five companies have not been privatized, they have completed the holding.

Wheelock Shipping Company holds 27.8% of United Dockyard Company, 38.2% of Real Estate Trust Company, 42.7% of Lane Crawford Retail Company, 44.5% of Commonwealth Real Estate Company, and 27.9% of Xiangjiang Undersea Tunnel Company.

The Jiuding Consortium holds 33.4% of these five companies in private.

So in fact, for these five companies, the shareholding ratios are United Dock Company 61.2%, Real Estate Trust Company 71.6%, Lane Crawford Retail Company 76.1%, Federal Real Estate Company 77.9%, and Xiangjiang Undersea Tunnel Company 61.3%.

Three of the companies have achieved absolute holdings, and the other two are still slightly behind.

Considering that the United Dockyard Company and the Xiangjiang Undersea Tunnel Company both have a strong strategic complement to his business map.

Xia Yu simply gave instructions to increase his shareholding in these two companies by 6% each, crossing the absolute control line.

At this level, his Jiuding consortium has been deeply **** with Xiangjiang. Under special circumstances, he will not easily privatize the company again, and will even continue to take out some non-core companies to go public in the future. Promote the development of Hong Kong's financial industry.

……

At the beginning of 1985, it was a watershed for major changes in the world.

In the past March, the sight of capital was attracted by Australia in the southern hemisphere, but almost all the attention of the political arena was focused on the northern hemisphere, the largest league in the world.

On March 10, Konstantin Chernenko of Hongsu died of illness, and it was only 13 months before he took over.

On the second day, with the support of Andre and others, the famous Gorbachev was elected as the new leader of the Red Soviet Union at the Hongsu Extraordinary Plenary Meeting.

Hongsu started a phased reshuffle inside.

European and American countries are doing their best to find out the inside story of Hongsu, and Xia Yu is naturally paying attention, but he did not let Luo Wang take drastic measures.

He is not stupid enough to go to Hongsu's site to provoke KGB in this sensitive period. He just learns the situation through the media.

More than a month has passed.

Finally, on April 23, an extremely important event happened again in Hongsu.

On this day, in Moscow of the Red Soviet Union, Gorbachev, who took office for more than a month, completed the transfer of power and finally presided over the first Central Plenary Session.

At the meeting, Gorbachev made a report on "Convening the Twenty-seventh Congress of the Soviet Union* and the Tasks of Preparing and Holding the Congress" focused on the problems existing in the Red Soviet Union , And pointed out the overall stagnation trend of Hongsu from the late 1970s to the early 1980s, analyzed the "obstacle mechanism" affecting the development of Hongsu, and put forward the "strategic conception of accelerating the country's social and economic development" and the task of comprehensive reform .

Hongsu’s democratization and market-oriented reforms have finally announced to the world the beginning!

This meeting was highly praised by the media of European and American countries, and European and American countries gradually breathed a sigh of relief.

Su Hong chose to reform, which means that Hongsu chose to ease relations with the West and other countries, and its foreign policy will also change.

The competitiveness of Hongsu and the United States eases, and the global tension will naturally ease.

For Xia Yu, he has finally reached the right time to make arrangements for Hongsu.

So he said nothing, summoned his uncle, Ma Qianjun, with a big wave of his hand, once again allocated 1 billion Hong Kong dollars to Luo Wang as the funds for Luo Wang's aggressive march into Hongsu.

After   , Xia Yu provided US$200 million in funding to Blackwater International in the United States and issued instructions to Su Hong’s layout.

After completing the layout, Xia Yu took Elena’s private jet Tulip to London...

(End of this chapter)