People in Hong Kong create super chaebols

Chapter 405 Finally reached an agreement

"Since Mr. Governor has said so, I am not an ungrateful person. I can give up the power supply rights in these places on behalf of Hong Kong Electric Group, but Mr. Su must also agree to some conditions!" Rowlands Kadoorie sighed. , and then said.

He knew that it would be of no use if he continued to pester him. If pressed hard, Su City might actually start a takeover war.

Since everyone has to agree, it is natural to strive for more protection for the Kadoorie family.

Otherwise, if we annex the three places of Outlying Islands, Tuen Mun and Sai Kung this time, won’t we have to annex Sha Tin, New Territories, Tai Po and other places next time?In the next step, if even Kowloon City is swallowed up, then CLP Power can declare bankruptcy directly!
"Mr. Lawrence Kadoorie, please tell me, as long as it's not a big problem, I will agree." Su Cheng said with a smile.

Now that he has been persuaded to give up Outlying Islands, Tuen Mun, and Sai Kung, his goal this time has been achieved.

"Mr. Su should own 20.7% of China Power's shares. I hope Mr. Su will sell 10.7% of them to us." Rowlands Kadoorie said directly.

If they take 10.7% of the shares from Sioux City, then the Kadoorie family will hold 50.7% of the shares of China Power. In this way, no one will be able to take China Power away from them in the future.

"Of course, if Mr. Lawrence Kadoorie wants it, I can sell it to you at the market price." Su Cheng said with a smile.

"No, no, no, the current price is fictitious. It is impossible for us to purchase your stock at the market price. In this case, the cost to us will be too high. I hope Mr. Su will sell it to us at the purchase price." Kadoorie said quickly.

Since the news spread that Sioux City wanted to acquire China Power, China Power's stock has more than doubled in just two days, and is still rising.

If Rowlands Kadoorie acquired the stock at the current market price, they would have to pay more than double the price, which the Kadoorie family could not accept.

Sioux City originally spent 4 million Hong Kong dollars to acquire 12.5% ​​of the stocks from three British people. This was a price much lower than the previous market price. If the current market value of these 12.5% ​​stocks is calculated, it is already It’s worth about HK$12 billion.

This means that if the Kadoorie family wants to acquire 10.7% of Sioux City's shares at market prices, they will need to pay more than HK$10 billion. This is a loss that Rowlands Kadoorie will definitely not want to suffer.

"Mr. Rowlands Kadoorie, that's impossible. Purchasing stocks is equivalent to our investment. The investment must have a return. If we sell it to you at the original price, wouldn't our work be in vain? I might as well slowly sell these stocks Put it on the market and sell it. Of course, even if I keep holding these stocks, it doesn't matter. Anyway, I will promise you that I will not increase my holdings of China Electric Power shares in the future, so you don't have to worry about me competing with your Kadoorie family for China Power. The electricity is gone, and China Electric Power’s dividends are pretty good, and it won’t be a loss if you keep holding on.” Su Cheng said with a smile.

"Business is one business after another. I can promise you not to continue the acquisition of China Power in exchange for the power supply rights in Islands, Tuen Mun and Sai Kung. However, stock trading is another business. I can't give up hundreds of millions of Hong Kong dollars." Come to trade with you, after all, money is not easy to make!" After thinking about it, Su Cheng said again.

"Mr. Su, we can't accept buying at the current price. We have already given up Tuen Mun, Outlying Islands, and Sai Kung to you. We have already suffered a huge loss. If you continue to embarrass me like this, I will not be able to explain to my family and company." Roland Sir Kadoorie sighed again.

The feeling of being manipulated by a young man in his early twenties made Laurents Kadoorie feel a little broken. "Well, let me make another concession to you. I will sell 8% of the shares of China Power to your Kadoorie family for HK$10.7 million. You will save 10.7 million to [-] million, and I will earn [-] million less. This is considered a concession by one person. You But if you think about it, it is quite difficult to acquire [-]% of the equity in the market now. If I miss this opportunity, I will no longer sell my shares. When the time comes, I will keep holding your China Power shares and get dividends. , It’s also quite fragrant.” Su Cheng said with a smile.

Laurence Kadoorie considered.

If there had been no acquisition this time, it would have been a risk for Su Cheng to hold 20.7% of the shares. Who knows whether he will pursue the idea of ​​China Power again in the future?
Secondly, in today's stock market, as Su Cheng said, because a lot of stocks were secretly acquired by Tianyuan Investment Company, even if the prices gradually fall in the future, there will not be so many people selling at low prices. They want to It is not easy to acquire so many stocks in the stock market.

With 8 million Hong Kong dollars in capital, although Kadoorie still suffered a huge loss, it was already much lower than the current stock price. Although the price was ridiculously high, it was not an acquisition of 100% of the equity. For an extra [-] million Hong Kong dollars, they could only accept it. Fucked.

Thinking of this, Lawrence Kadoorie stood up and said: "Mr. Su, I can promise you, but I hope that the contract will be signed at the Governor's Mansion now, and everything we have discussed today will be completed through the signing of the contract. Let Mr. Governor also bear witness!”

"As you wish!" Su Cheng smiled and nodded.

用4亿港元从股东手中拿下12.5%的股票，再用3亿港元从股市上获取8.2%的股票，苏城拿下这20.7%的股票，也不过是花了7亿港元而已。

But now, only 10.7% of it is sold, and 8 million Hong Kong dollars are obtained. This business is still very profitable.

Moreover, many bookmakers in the stock market are still speculating on Hong Kong Electric Group's stocks. Suzhou City can also ask Zhang Qizheng to take advantage of the current popularity to sell the remaining 10% of China Electric Power Group's stocks. When the time comes, he can earn another sum of money. This wave, just the stocks are making huge profits!Not to mention that it also won the three major sites of Tuen Mun, Sai Kung and Outlying Islands for Hong Kong Electric Group.

With the large-scale development of Tseung Kwan O and Clear Water Bay, it is impossible for Sioux City to let China Electric Power supply power. It is safer to use its own electricity on its own site. After all, many of the companies under Sioux City will have high-tech laboratories in the future. A power outage will cause great damage to the company. If you supply your own power, you should at least give priority to ensuring the power consumption of your own site.

The same is true over there in Tuen Mun.

"Now that you have agreed, I will arrange a contract for you right away." Seeing that the two of them finally reached an agreement, Mailihao said with a smile.

Subsequently, with the help of the legal staff of the Governor's Mansion, the contract was quickly drawn up, and then the two of them formally signed their names on it under the witness of Mailihao.

With Governor Maliho as a witness, the two were not afraid of the other party going back on their word.

(End of this chapter)