People in Hong Kong create super chaebols
Chapter 72 I really didn’t expect you to have such great ambitions!
Chapter 72 I really didn’t expect you to have such great ambitions!
Brandt and others hold a total of 21.5% of Hutchison Whampoa shares, which means they hold a total of approximately 8600 million shares.
7.5 Hong Kong dollars per share, the funds Su City needs this time are 6.45 million Hong Kong dollars.
For Sioux City, which currently has more than 45 billion available funds, this is really trivial.
On the same day, after the six people signed the contract, they each went home to get their share certificates.
In Sioux City, they came to the Xiangjiang Branch of Halifax Bank and were waiting for them here.
As one of the largest banks in the UK, Halifax Bank naturally has a branch in Hong Kong.
Before Su Cheng returned to Xiangjiang, he also deposited part of the funds in the Halifax Bank, just to facilitate access to them at any time when he returned to Xiangjiang.
Before the bank closed, all five shareholders came to the bank.
Su Cheng also readily transferred all the money to them.
After the transaction was completed, Su Cheng returned to Tianyuan Building with the equity certificate.
At this point, this transaction has been successfully completed.
Starting today, the Hutchison Whampoa stock held by Sioux City has officially increased from 65.8% to 87.3%.
This shareholding has far exceeded the 75% shareholding requirement. It is time to completely privatize Hutchison Whampoa.
But before that, Su Cheng wanted to talk to Weili again. No matter what, he did not want the current Hutchison Whampoa to lose this general.
Of course, if Wei Li really can't be persuaded, at least the team he built must stay.
Otherwise, if there are no suitable people to control the situation in a short period of time, Hutchison Whampoa will be prone to chaos.
It seems that I have to go to Hutchison Whampoa tomorrow to find Wei Li.
Su Cheng believes that if there is really no other way, Wei Li will not easily let go of Hutchison Whampoa, which has spent three years of energy to finally get its development back on track.
This is all his hard work.
He also did not ask the five Hexuan shareholders to keep it secret, because there is no need to keep it secret anymore.
Therefore, if nothing unexpected happens, Wei Li will know about the stock trading tonight.
The next morning, Su Cheng asked the driver to take him to the Hutchison Whampoa headquarters.
At this time, in the office of Chairman Hutchison Whampoa, Wei Li was alone in deep thought. He was in a state of confusion. This was something he had never experienced since he took office at Hutchison Whampoa in 1975.
Last night, Brandi told Weili about the transaction over the phone.
Wei Li did not expect that Su City could hide it so deeply. Even though it already controlled 38.9% of the shares, it was still not revealed at the last board meeting.
Now, 16.5% of the stocks have been captured again in one fell swoop.
In other words, Su Cheng did not disclose the other part of his stocks, but now the stocks disclosed on the surface have exceeded 55%.
How is this still playing?
In the past, it was more beneficial for Weili to control Hutchison Whampoa when there were more small shareholders. After all, those people only held stocks and had no say at all.
But now, it has become a burden.
Under normal circumstances, a vote on the company requires more than two-thirds of the votes to pass.
Because there are too many scattered shares, Sioux City can completely control Hutchison Whampoa's power by relying on these 55% of the shares.
"Mr. Wei Li, you should be waiting for me." Su Cheng walked directly into Wei Li's office and said with a smile.
"Mr. Su, I really didn't expect you to have such great ambitions." At this point, Wei Li didn't know what to say.What was before him now were just two paths.
Either leave on your own, or stay on.
He was unwilling to leave on his own.
If you stay in office, you will definitely be subject to Su City.
In this way, it is very uncomfortable for him to manage a company.
Of course, there may be only one way to go, and that is for Su Cheng to oust him.
"I can't talk about ambition. This is just my goal for many years. In fact, I have already had the idea of acquiring Hutchison Whampoa as my own. I have been putting it into action in the past few years. Now, I have achieved my goal. ." Su Cheng smiled.
"Then I don't know what Mr. Su is going to do with me? Are you going to just tell me to get out, or?" Wei Li finally asked.
Thinking about the past few years, in order to manage Hutchison Whampoa well, he has put in more energy than ever before.
After all, the original contract signed with Hutchison International stated that as long as the group made a profit, he could take 2.5% of the profit.
But now, Hutchison Whampoa has finally made a profit, but he is about to be ousted?
No one would be willing to accept this.
"Mr. Wei Li, to be honest, I highly recognize your talent. Therefore, here, I very solemnly invite you to continue to stay at Hutchison Whampoa. The previous salary and benefits will not change. However, the position of chairman will not change." It is more appropriate for me to be the one, and for you, I will appoint you as CEO of Hutchison Whampoa." Su Cheng expressed his sincerity directly.
Becoming the first Chinese executive to join a major British-owned bank is a good name, and Sioux City is ready to take it.
After all, the Wharf side is still fighting.
If he doesn't take over, the title will have to be taken away by the Charter King.
Although this title has no actual interests, it can give him a reputation.
As long as he succeeds in taking over Hutchison Whampoa, he will have a prestige no less than that of the Charter King among the Chinese business community in Hong Kong.
Anyone who sees him will give him face, and it will naturally be more convenient for him to do things.
After all, Xiangjiang is the base camp of Sioux City. If he can't get recognition at the base camp, then he has really failed.
"Mr. Su, the reason why I was able to turn Hutchison Whampoa into a profit was because Huifeng Bank did not interfere too much in my management in the past. If due to your excessive interference, I cannot continue Hutchison Whampoa's management step by step, say To be honest, even if I stay in Hutchison, it would be better for me to leave here." Wei Li shook his head and said.
For Weili, he is just a professional manager. He really doesn't care who owns Hutchison Whampoa's equity.
What he cares about is whether shareholders interfere with his management.
"If you agree to stay, Mr. Weili, I promise that what I said at the board meeting will still count. I will not interfere in the group's affairs at will. I will not interfere too much in the group's main development plan and will only exercise my supervision." Quan, I wonder how Mr. Wei Li feels?" Su Cheng continued.
Su Cheng himself was just an ordinary person in his previous life, with no business management experience.
After five years in this life, he has gained some experience. If he was just asked to manage a small company, it would be okay, but a large company like Hutchison Whampoa simply does not have this ability.
If the management of the group is really handed over to him, he really has no confidence in managing Hutchison Whampoa well.
This is why he likes to be a hands-off shopkeeper. Only when professionals do professional things can the company develop better.
"If it is as Mr. Su said, not to interfere too much with Hutchison's specific development, I agree to your terms!" Wei Li finally chose to agree.
If you stay, you will just lose your status as a senior classmate. In fact, it will be no different from before.
Please give me a monthly ticket, double monthly ticket event, 1 ticket equals 2 tickets, too few will be ugly, thank you~
(End of this chapter)
Brandt and others hold a total of 21.5% of Hutchison Whampoa shares, which means they hold a total of approximately 8600 million shares.
7.5 Hong Kong dollars per share, the funds Su City needs this time are 6.45 million Hong Kong dollars.
For Sioux City, which currently has more than 45 billion available funds, this is really trivial.
On the same day, after the six people signed the contract, they each went home to get their share certificates.
In Sioux City, they came to the Xiangjiang Branch of Halifax Bank and were waiting for them here.
As one of the largest banks in the UK, Halifax Bank naturally has a branch in Hong Kong.
Before Su Cheng returned to Xiangjiang, he also deposited part of the funds in the Halifax Bank, just to facilitate access to them at any time when he returned to Xiangjiang.
Before the bank closed, all five shareholders came to the bank.
Su Cheng also readily transferred all the money to them.
After the transaction was completed, Su Cheng returned to Tianyuan Building with the equity certificate.
At this point, this transaction has been successfully completed.
Starting today, the Hutchison Whampoa stock held by Sioux City has officially increased from 65.8% to 87.3%.
This shareholding has far exceeded the 75% shareholding requirement. It is time to completely privatize Hutchison Whampoa.
But before that, Su Cheng wanted to talk to Weili again. No matter what, he did not want the current Hutchison Whampoa to lose this general.
Of course, if Wei Li really can't be persuaded, at least the team he built must stay.
Otherwise, if there are no suitable people to control the situation in a short period of time, Hutchison Whampoa will be prone to chaos.
It seems that I have to go to Hutchison Whampoa tomorrow to find Wei Li.
Su Cheng believes that if there is really no other way, Wei Li will not easily let go of Hutchison Whampoa, which has spent three years of energy to finally get its development back on track.
This is all his hard work.
He also did not ask the five Hexuan shareholders to keep it secret, because there is no need to keep it secret anymore.
Therefore, if nothing unexpected happens, Wei Li will know about the stock trading tonight.
The next morning, Su Cheng asked the driver to take him to the Hutchison Whampoa headquarters.
At this time, in the office of Chairman Hutchison Whampoa, Wei Li was alone in deep thought. He was in a state of confusion. This was something he had never experienced since he took office at Hutchison Whampoa in 1975.
Last night, Brandi told Weili about the transaction over the phone.
Wei Li did not expect that Su City could hide it so deeply. Even though it already controlled 38.9% of the shares, it was still not revealed at the last board meeting.
Now, 16.5% of the stocks have been captured again in one fell swoop.
In other words, Su Cheng did not disclose the other part of his stocks, but now the stocks disclosed on the surface have exceeded 55%.
How is this still playing?
In the past, it was more beneficial for Weili to control Hutchison Whampoa when there were more small shareholders. After all, those people only held stocks and had no say at all.
But now, it has become a burden.
Under normal circumstances, a vote on the company requires more than two-thirds of the votes to pass.
Because there are too many scattered shares, Sioux City can completely control Hutchison Whampoa's power by relying on these 55% of the shares.
"Mr. Wei Li, you should be waiting for me." Su Cheng walked directly into Wei Li's office and said with a smile.
"Mr. Su, I really didn't expect you to have such great ambitions." At this point, Wei Li didn't know what to say.What was before him now were just two paths.
Either leave on your own, or stay on.
He was unwilling to leave on his own.
If you stay in office, you will definitely be subject to Su City.
In this way, it is very uncomfortable for him to manage a company.
Of course, there may be only one way to go, and that is for Su Cheng to oust him.
"I can't talk about ambition. This is just my goal for many years. In fact, I have already had the idea of acquiring Hutchison Whampoa as my own. I have been putting it into action in the past few years. Now, I have achieved my goal. ." Su Cheng smiled.
"Then I don't know what Mr. Su is going to do with me? Are you going to just tell me to get out, or?" Wei Li finally asked.
Thinking about the past few years, in order to manage Hutchison Whampoa well, he has put in more energy than ever before.
After all, the original contract signed with Hutchison International stated that as long as the group made a profit, he could take 2.5% of the profit.
But now, Hutchison Whampoa has finally made a profit, but he is about to be ousted?
No one would be willing to accept this.
"Mr. Wei Li, to be honest, I highly recognize your talent. Therefore, here, I very solemnly invite you to continue to stay at Hutchison Whampoa. The previous salary and benefits will not change. However, the position of chairman will not change." It is more appropriate for me to be the one, and for you, I will appoint you as CEO of Hutchison Whampoa." Su Cheng expressed his sincerity directly.
Becoming the first Chinese executive to join a major British-owned bank is a good name, and Sioux City is ready to take it.
After all, the Wharf side is still fighting.
If he doesn't take over, the title will have to be taken away by the Charter King.
Although this title has no actual interests, it can give him a reputation.
As long as he succeeds in taking over Hutchison Whampoa, he will have a prestige no less than that of the Charter King among the Chinese business community in Hong Kong.
Anyone who sees him will give him face, and it will naturally be more convenient for him to do things.
After all, Xiangjiang is the base camp of Sioux City. If he can't get recognition at the base camp, then he has really failed.
"Mr. Su, the reason why I was able to turn Hutchison Whampoa into a profit was because Huifeng Bank did not interfere too much in my management in the past. If due to your excessive interference, I cannot continue Hutchison Whampoa's management step by step, say To be honest, even if I stay in Hutchison, it would be better for me to leave here." Wei Li shook his head and said.
For Weili, he is just a professional manager. He really doesn't care who owns Hutchison Whampoa's equity.
What he cares about is whether shareholders interfere with his management.
"If you agree to stay, Mr. Weili, I promise that what I said at the board meeting will still count. I will not interfere in the group's affairs at will. I will not interfere too much in the group's main development plan and will only exercise my supervision." Quan, I wonder how Mr. Wei Li feels?" Su Cheng continued.
Su Cheng himself was just an ordinary person in his previous life, with no business management experience.
After five years in this life, he has gained some experience. If he was just asked to manage a small company, it would be okay, but a large company like Hutchison Whampoa simply does not have this ability.
If the management of the group is really handed over to him, he really has no confidence in managing Hutchison Whampoa well.
This is why he likes to be a hands-off shopkeeper. Only when professionals do professional things can the company develop better.
"If it is as Mr. Su said, not to interfere too much with Hutchison's specific development, I agree to your terms!" Wei Li finally chose to agree.
If you stay, you will just lose your status as a senior classmate. In fact, it will be no different from before.
Please give me a monthly ticket, double monthly ticket event, 1 ticket equals 2 tickets, too few will be ugly, thank you~
(End of this chapter)
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