People in Hong Kong create super chaebols

Before we knew it, it was already September 9th.

During this period, Zhang Qizhen had returned to Hong Kong from London, England, and brought back the contract signed with Leyland Motor Group.

Perhaps because of the Iron Lady's appointment, the British SASAC agreed to the deal. If it were in the past, SASAC would definitely not have sold their car brand to non-British people.

The signed contract was similar to what Zhang Qizhen reported to Su Cheng.

1. The Austin brand will be sold completely to Tianyuan Investment Company for million pounds, and the production line, headquarters, etc. can be relocated at will.

2. Leyland Victory Bus will build a bus production line for Tianyuan Investment Company in Hong Kong, transfer all bus technologies free of charge, and send professional engineers to provide guidance for two years.

3. Tianyuan Investment Company acquired the ownership of the entire Jaguar brand for million pounds, but it needs to retain its existing headquarters in Coventry, UK. At the same time, Tianyuan Investment Company must ensure that Jaguar will always be a British car brand.

4. Leyland Motor Group will assist Tianyuan Investment Company to relocate all Austin production lines to Hong Kong.

5. Leyland Car Group will assist Tianyuan Investment Company to build a Jaguar car factory in Hong Kong.

……

Judging from the contract, it is obvious that in order to reduce the burden on the group, Leyland Motor Group was very generous. Basically, it agreed to everything that was discussed. Most importantly, it also persuaded the UK State-owned Assets Supervision and Administration Commission to agree to these conditions.

Before leaving London, Zhang Qizhen had already handed over the next handover matter to Yu Xing, the president of Su Group's European branch. Therefore, Zhang Qizhen only needs to communicate with Yu Xing remotely over the phone in Hong Kong to ensure a smooth handover between Leyland Motor Group and Hong Kong.

After returning to Hong Kong, Zhang Qizhen once again took charge of the overall situation of Tianyuan Investment Company, and Su Cheng no longer needed to go to Tianyuan Building every day.

Scotty Fischer's 2.26% of Huifeng Group shares have been handed over to Tianyuan Investment Company for sale.

According to the contract signed between the two parties, Scotty Fischer needs to pay 0.1% of the transaction price as commission.

In other words, if his 2.26% stake can be sold for HK$15 billion, Tianyuan Investment Company will receive a commission of HK$150 million.

The additional condition is that Tianyuan Investment Company needs to sell these 2.26% shares within one year. If it exceeds the deadline, Tianyuan Investment Company will reduce the commission by 10% for each additional month as overtime compensation.

This means that if Tianyuan Investment Company takes ten months longer to help Scotty Fischer sell the 2.26% stake, then Tianyuan Investment Company will have worked for nothing and will not earn any commission.

At the same time, the selling price cannot be lower than 3% of the real-time stock price, and the market cannot be deliberately informed during the sell-off, thereby causing the stock price to plummet. If the stock price plummets, trading will not be able to continue, and it is necessary to wait until the stock price rises before continuing. The period of suspension of trading is also counted within the one-year time range.

Tianyuan Investment Company was so sincere that Scotty Fischer signed the contract with it very readily.

HK$150 million is, of course, nothing to an investment company like Tianyuan Investment Company, which habitually trades in billions.

However, Tianyuan Investment Company itself was not aiming for the HK$150 million. Their goal was the 2.26% stake.

As for timeout?

Think more.

If Tianyuan Investment Company had not been afraid of having their purpose discovered, it would have been able to acquire these 2.26% shares in a matter of minutes.

Therefore, both parties were very satisfied with the deal. Although they said they would complete the sale in one year, Tianyuan Investment Company certainly did not plan to spend so much time to sell the shares. At most, they would quietly take possession of the shares through multiple accounts in half a year.

It took half a year to help sell out all the shares. Although the time was a bit fast, it was also normal. After all, Huifeng Group was listed on four exchanges around the world at the same time. There was nothing wrong with selling faster.

Today is a rather special day.

Early in the morning, Su Cheng took Chung Chuhong in a Rolls-Royce and drove from the Su family villa on Barker Road to Tseung Kwan O.

It is special because today the northern section of Hong Kong's revised early subway system (from Tseung Kwan O to Shek Kip Mei) was officially opened to traffic for trial operation. As a member of the system, Tseung Kwan O is of great significance.

Suzhou City was invited to participate in the trial operation of the entire line because it donated HK$100 million to build an extension to Tseung Kwan O Station.

After all, he donated 100 million Hong Kong dollars, and although it was for the development of Tseung Kwan O, he also wanted to see how the subway was built.

In the future, this railway will play a very important role in whether Tseung Kwan O can become a prosperous area!

Therefore, Sucheng still attaches great importance to it.

Tseung Kwan O is his future base in Suzhou!
This is a real subway in Hong Kong. The East Rail Line that was previously in operation, although also operated in the mode of a subway, was actually just a part of the Guangzhou-Kowloon Railway and had nothing to do with the subway.

Cherie Chung has retired from the entertainment industry for some time, and her current public identity is the secretary of the chairman of the Su Group.

Therefore, now Chung Chuhong can openly follow Su Cheng out to inspect work.

Of course, the premise is that her belly is not yet showing signs of pregnancy. Once her belly gets bigger after a while, it will definitely not be suitable for her to continue to follow Su Cheng to inspect the work.

Although Cherie Chung is pregnant, Su Cheng strongly supports her to go out more often instead of staying in the house all day.

This will easily lead to boredom, which will lead to depression, and it is also not good for the development of the fetus. Even pregnant women need to walk more.

Half an hour later, the Rolls-Royce arrived in Tseung Kwan O.

The Tseung Kwan O MTR station is right next to the Tseung Kwan O Water Park. The station is just opposite the main entrance of the water park, with only a road between the two.

After getting off the bus, Su Cheng discovered that the Tseung Kwan O subway entrance had already been completed. There were security guards guarding the entrance, many staff members were busy at the scene, and there were even several reporters carrying cameras.

He remembered that the last time he came to Tseung Kwan O, this subway entrance was still under construction. He didn't expect that it has been completely completed now. The progress of the project is indeed not slow.

The Tseung Kwan O station was added midway.

However, money talks, and with the support of HK$1 million, this station added midway was actually completed simultaneously with the entire northern section of the revised early system, which can be considered a miracle.

Kwun Tong MTR station is not far from Tseung Kwan O, only about four kilometers away. The difficulty lies in the fact that there are many rocks under the mountain, making tunnel digging somewhat difficult. However, driven by funding, the progress of the project is indeed astonishing.

This is both the starting point and the end point of the entire route.

Therefore, the MTR Corporation finally chose to place the trial operation's starting station at Tseung Kwan O, and Shek Kip Mei as the terminal station. (End of this chapter)