Hong Kong variety show: I Am a Tycoon

Chapter 240 Determined to Win
This is the third minority shareholder he has secured with China Power Company.

Based on CLP Power's shareholding structure, Chen Jiajun ordered the Landlords Association to launch acquisitions based on the circumstances of each minority shareholder.

As top-tier real estate agents in Hong Kong's Chinese community, the members of the Landlord Association have accumulated extensive networks of contacts over decades of experience in the industry.

Many wealthy businessmen hope to use top brokers like Sima Xiang and Huang Shitong to drive up their stock prices, and some even invite them to dinner to get them to share insider information.

As expected, Huang Shitong approached three small shareholders in succession. Regardless of their true feelings, each of them greeted him with a smile and readily brought their share certificates and signed the share transfer agreement.

Therefore, through these three transactions, Huang Shih-tung alone has acquired 5.9% of the shares of CLP Power.

This only took a little over a day, far more efficient than acquiring scattered shares from the secondary market, and the stock price wouldn't fluctuate before the news leaked.

All the shares are concentrated in Chen Jiajun's hands. According to the China Securities Regulatory Commission's regulations, Chen Jiajun has a ten-day grace period. If the shares are not disposed of after ten days, he will be obligated to disclose the shareholding information to the outside world.

Ten days is more than enough time.

"There are two more shareholders, one holding 1.3% and the other holding 1.6%. Let's try to get them settled today."

Huang Shitong chuckled and put the document bag containing the share certificates and contracts into his briefcase.

Just then, he received a phone call. As soon as he answered, he heard a familiar voice: "A-Tong, it's me, Shark Tong."

"Brother Tong, what brings you here?"

Huang Shitong took a cigar from the glove compartment of the car, his attitude extremely respectful.

The reason was that the person on the other end of the microphone was Tsang Yu-tung, the head of New World Group, one of Hong Kong's top ten tycoons. Tsang Yu-tung, who owned a private mining protection force in South Africa, was nicknamed Shark Tsang.

Zeng Yutong said, "Are you free today? I have something I'm not sure about, could you come over?"

"Brother Tong, I'm coming right away."

If Zeng Yutong said that, then it must be because there was an emergency.

Zeng Yutong was already sixty years old. Back in the 1930s, he went to work at Zhou Taifu Jewelry Store, owned by his future father-in-law. Because he was diligent and quick-witted, he was favored by his father-in-law and married Zhou's daughter a few years later.

After World War II, Zeng Yutong inherited the Zhou Taifu Group.

After his business grew and became more successful, he went to South Africa and bought a company with a diamond license to import diamonds to Hong Kong.

At the same time, he ventured into the real estate business.

Today he is one of Hong Kong's top ten tycoons.

The news that Kadoorie Group had decided to sell part of its CLP Holdings shares only spread within a small circle. After learning about this, Shark Tong immediately called Wong Sai Tong and asked him to come and advise him.

When Huang Shitong arrived at Zeng Yutong's mansion on Repulse Bay Road and heard the news, he froze on the spot. He already understood that the Kadoorie family had sold their CLP shares in order to raise funds to launch a counter-takeover battle against the Grand Hotel Group.

"What, you don't have a positive outlook on China Electronics Corporation?"

Zeng Yutong, who was holding prayer beads in his hand, asked Huang Shitong a question when he saw Huang's astonished expression.

Coming to his senses, Huang Shitong immediately said, "Brother Tong, to be honest, Sir Chen is also acquiring shares in China Electronics Corporation."

"what?"

Zeng Yutong sat up straight, leaned forward, and looked somewhat shocked.

Huang Shitong looked up and glanced around. Zeng Yutong immediately said, "Jiacheng, Jiachun, you two go out for a bit."

"Yes, Dad."

After the two left, Huang Shitong explained, "Brother Tong, Sir Chen's real purpose in targeting the Grand Hotel Group was to target the China Power Group. Kadoorie Group has expanded too quickly in recent years, and Sir Chen knows that the other party is short of cash flow, so he wants to target the Grand Hotel Group to force them to raise funds to launch a counter-takeover."

"At the same time, secretly send us out to acquire shares of CLP Group. Now that Kadoorie Group is selling its shares, could you buy them on behalf of Sir Chan first, and we'll pay a 20% premium afterwards?"

Zeng Yutong laughed heartily and said, "Ah Tong, since you've said so, I'll help you out. There's no need to overcharge. But tell Sir Chen that he owes me a favor. Next time he brings Guan Tai (Huo Yingnan), Ah Xin, and the others to make money, please include me."

Zeng Yutong was very close to He Xin. He had heard that Chen Jiajun and the Landlord Association had helped He Xin earn 11.2 billion in one go, while the principal was only 10 billion.

Whenever He Xin talked to him about this, he would get so angry that he would slap his thigh and regret that he had only invested 10 billion.

Several times, Zeng Yutong wanted to stab Versailles to death on the spot.

Huang Shitong picked up his teacup and said, "Then I'll drink tea instead of wine. Thank you, Brother Tong."

"I'll make a phone call first, before I drink tea."

Zeng Yutong waved his hand, picked up the phone and called the Huoduoli Group, saying, "Hello, Wenbas, this is Zeng Yutong."

"Hello, Mr. Zeng."

"I want the 5000 million shares of CLP Holdings stock that Roland Garros sold. Get it done right away."

About five minutes after hanging up, the phone rang back. "Mr. Zeng, it's all taken care of."

“Well done, Wenbas. I’ll treat you to dinner later.”

A smile appeared on Zeng Yutong's lips.

After hanging up the phone, he picked up his teacup and said, "Don't forget to tell Sir Chen that he owes me a favor."

CLP Holdings currently has a market capitalization of 10 billion, or 20 yuan per share. In other words, this transaction alone has given Wong Sai-tung a 100% stake in CLP Holdings, while Kadoorie's stake has also decreased to 24%.

Victoria Harbour.

With a whistle, a 162.5-meter-long superyacht slowly started up, its hull bearing the traditional Chinese characters "炎黄" (Yanhuang).

Many wealthy people in Hong Kong already knew through various channels that this superyacht was the largest yacht ever built by the West German shipyard Leshun.

It features two helipads, three water slides, multiple heated whirlpools, a private cinema, an outdoor swimming pool, a sauna, a spa, and an underwater viewing room.

It is equipped with several small speedboats and supply boats, as well as submarines and submarine compartments.

Even more impressive is the impregnable security measures. In addition to being equipped with an anti-missile system, it also features bulletproof glass and motion sensors, and has at least five emergency exits for escape in the event of an attack.

It is the most luxurious yacht in Hong Kong, bar none.

At 162.5 meters long, it is larger than a typical container ship.

According to media reports, this superyacht cost $400 million, which is $400 million in the 1980s.

There are many speculations about the owner of this ship.

In fact, its owner is Chen Jiajun.

"Uncle Tong, it's me, Ajun."

"Sir Chen".

"Uncle Tong, don't call me Sir Chen. If you think highly of me, just call me Ah Jun."

On the deck of the superyacht, when Chen Jiajun heard that Zeng Yutong had helped him acquire 10% of the shares of CLP Group, he immediately called Zeng Yutong.

After exchanging pleasantries for a while, Chen Jiajun said, "Uncle Tong, there's a money-making opportunity right now. If you trust me, I'll tell you about it."

Zeng Yutong sat up straight and said, "I'd like to hear the details."

"The Falklands War is not going well for the British. The British Empire is now showing signs of exhaustion, and negotiations with the mainland are not going smoothly, with the British taking a very tough stance. You should exchange more US dollars, as the Hong Kong dollar is about to plummet."

"Okay, I've got it. Come over for tea sometime."

The two chatted for a few more minutes before Chen Jiajun hung up the phone.

Just after hanging up the phone, Zhan Peizhong called Chen Jiajun. "Boss, the stock market is closed now. I've done some statistics: Sima Xiang has acquired 6.3% of CLP Holdings. Huang Shitong has 15.9%. Mai Shengyun has 3.9%, Chen Zhan has 5.7%, Ma Zhuoqun has 2.5%, and Lin Rundong has 1.8%. In addition, I acquired 1.9% of the shares in the primary market. Currently, we hold 38% of CLP Holdings."

Once the Landlords Association takes action, its power and resources will be absolutely no less than any of Hong Kong's conglomerates.

Chen Jiajun's voice was devoid of any emotion: "Complete the entire transaction by tomorrow. Also, get the Grand Hotel Group shares down to 60 yuan each by tomorrow morning."

"Understood, boss," Zhan Peizhong nodded.

The Yanhuang superyacht slowly entered the typhoon shelter. Chen Jiajun looked down at the Jumbo Seafood Restaurant floating on the sea.

Jumbo Seafood Restaurant is one of the businesses of Stanley Ho, the gambling tycoon. It is also the world's largest floating restaurant, having hosted dignitaries, high-society figures, and celebrities from various countries.

Among all the restaurants in Hong Kong, only Fook Lam Moon can rival it.

He has also appeared in many movies, such as the famous "The God of Cookery". He wanted to have a face-to-face talk with Chen Jiajun, so he asked He Xin to act as the middleman. He Xin naturally set the meeting place at Jumbo Seafood Restaurant.

A small boat was lowered from the yacht and moored at Jumbo Seafood Restaurant.

This scene immediately attracted the attention of all the wealthy diners at Jumbo Seafood Restaurant. When they saw that the person who disembarked was Chen Jiajun, they couldn't help but feel a variety of emotions, including inferiority, envy, and shock.

Faced with this oyster-white super-giant, it's hard for humans not to feel insignificant.

He Tianbao strode over and scolded, "So this yacht was originally yours? You've been hiding it for so long?"

Has Lord Kadoorie arrived yet?

Chen Jiajun did not answer He Tianbao's question, since the answer was already self-evident, but instead asked a question in return.

He Tianbao nodded: "Roland Scarlett and his son are already here. Come with me."

The banquet was held in a large private room at the Jumbo Floating Restaurant. To Chen Jiajun’s left sat He Xin, and to his right sat He Tian’er, followed by He Tianbao, and then He Xin’s first wife, Amei.

Laurence Carroll, Michael Carroll, sat opposite Chan Ka-Chun.

Tonight's meeting was more like a family dinner. On the surface, there was no indication that Chen Jiajun and Luo Lanshijia had any conflict. With He Xin's eloquence and witty remarks, everyone burst into laughter from time to time.

He Tian'er, who was sitting next to Chen Jiajun, kept putting food on Chen Jiajun's plate, which made He Xin almost want to go to the kitchen, grab a cleaver, and kill Chen Jiajun.

After several rounds of dishes and drinks, tea and coffee were served. The men puffed on cigarettes and drinks. He Tianbao and Michael Jiali left the private room chatting and laughing. He Tian'er also pushed Amei's wheelchair away from there.

Roland Gardner took a sip of coffee and cut to the chase: "The Hong Kong Grand Hotel, this company was founded in 1866. My family, my father Erie, acquired the hotel group in 1890, and it has been through a century of ups and downs. Sir Chen, what price would I have to pay for you to give up the acquisition?"

As soon as he finished speaking, Chen Jiajun burst into laughter.

That laugh cost him all his merit points.

"Sir Chen, what are you laughing at?"

Seeing Chen Jiajun laughing wildly, Roland Garros couldn't help but frown.

At this time, Laurence Kadoorie was probably unaware that the two most important groups under the Kadoorie Group had already fallen into the hands of others.

Chen Jiajun, a member of the Grand Hotel Group, holds a 31% stake, while the Kadoorie family holds a 10.33% stake.

Chen Jiajun holds 38% of the shares in CLP Power, while the Kadoorie family holds 24%.

Only three days have passed since Chen Jiajun issued the instruction.

Chen Jiajun's smile vanished, and he took a sip of tea to calm himself down, saying, "I was thinking of something funny, so I couldn't help but laugh."

"Ah Jun, what's so funny?" He Xin asked.

Chen Jiajun put down his teacup and looked at Lord Kadoorie, saying, "Lord Kadoorie, do you know who you sold your shares in CLP Power to today?"

"What do you mean?"

Upon hearing this, Roland Gardner's face immediately turned pale.

Chen Jiajun took a puff of his cigar and explained, “Three days ago, I booked the presidential suite at the Peninsula Hotel to discuss the acquisition of CLP Power with my subordinates. The Kadoorie family holds a 34% stake, while I have nothing, not even a single share. So, we came up with a plan to launch a surprise attack on the hotel group, forcing the Kadoorie family to immediately raise funds and launch a counter-takeover, thus depleting the Kadoorie family’s resources.”

"This tactic is called 'openly repairing the plank road while secretly crossing the Chencang pass'."

"boom."

Roland Shiga understood the reasoning, and he slammed his hand on the table, exclaiming, "You, you!"

"We contacted Liang Zhonghao and purchased 31% of the shares of the Grand Hotel Group. I must say, Lord Kadoorie, your reaction was quick; you immediately launched a counter-takeover and simultaneously sold 10% of CLP Power to raise funds. But I was in the shadows, while you were in the open. You probably didn't expect that what I wanted was CLP Power. Zeng Yutong, who bought CLP Power shares, was holding the shares on my behalf. And now, I already hold 38% of CLP Group's shares, while you, Lord Kadoorie, only have 24%."

Chen Jiajun smoked a cigar, his face domineering.

I'm laying my cards on the table; I'm not pretending anymore.

Roland Segaard immediately cursed, "Fuck your mother."

"Wow."

He Xin also stood up and quickly stood between the two to prevent them from getting into a conflict.

Roland Kadoorie's hands were trembling. He had never imagined that the Kadoorie Empire he had built would be undermined by Chen Jiajun on the same day.

At this moment, Roland Gardner's heart was bleeding.

He took a deep breath and said in a trembling voice, "He Xin, don't worry, I won't fight with Sir Chen. My old bones are no match for him."

After a pause, Roland Gardner continued, "Sir Chen, you truly have a swift and efficient approach."

"Can I take this as a compliment?" Chen Jiajun asked with a smile, sitting on the sofa.

Roland Garland cursed, "Yes, you flatter me. I've been in the Hong Kong business world for decades and I've never seen such a sharp-tongued junior. So sharp that I wish I could stab you to death with a knife."

"Fuck your mother! You've got a clever trick up your sleeve. I've been hunting geese all day, but now I've been blinded by an eagle."

Chen Jiajun shook his head and said, "Lord Kadoorie, cursing me like this won't help. We might as well sit down and have a proper chat."

Roland Segaard, almost delirious, said, "Talk? Talk about what? You're too ruthless."

Compared to large hotel groups, CLP Power is more the brainchild of the Kadoorie family. At that time, few families in Hong Kong had access to electric lights, but E-Land Kadoorie had already foreseen the prospects of the power industry.

Therefore, he focused his efforts on China Power Company.

By World War II, CLP Power had become one of the few major enterprises in Hong Kong, monopolizing the power supply in Kowloon Peninsula and the New Territories.

After the outbreak of World War II, Elijah Kadoorie, acting on orders from the Hong Kong government, reluctantly bombed the power plant of CLP Power located on the Kowloon Peninsula.

After the war, Roland Scarborough was determined to carry on his father's legacy and revive the family business. Under his leadership, the CLP Power Plant was quickly rebuilt.

Two years ago, Lawrence Kadoorie invested over HK$10 billion to build the Castle Peak Power Plant in Kowloon.

Chen Jiajun leaned back on the sofa, took a puff of his cigar, and said, "Lord Kadoorie, now it's your turn to make a decision. If you grant me the shares of CLP Group that you hold, I will support you in becoming the head of the Grand Hotel Group, and I will never attempt to usurp power."

"Damn it."

In Roland Garland's eyes, Chen Jiajun looked incredibly irritating.

He Xin was at a loss for words. After all, he and Roland Gardot had been friends for many years, and his relationship with Chen Jiajun was even closer. Given the current situation, he was helpless: "Garddot, why don't you sit down and talk?"

"Humph."

After Roland Gardner sat down, he took a few sharp puffs of his cigar and said, "Looks like you're determined to win, huh?"

Chen Jiajun nodded and said, "Yes, you must give me an answer tonight. I now hold 38% of CLP Holdings, and after I make the share purchase announcement tomorrow, I can launch a full takeover bid. As for the CLP Group shares you currently hold, I can acquire them at a 20% premium. You still have 24%, which is 28.8 billion, and I can pay it all at once."

"Sir Chen, aren't you afraid of falling behind me in the battle for board seats between the two groups? Our Kadoorie Group is the founder of both groups, so I have an advantage over you. Have you thought about the consequences if you fail to seize power?"

Roland Gardner threatened.

Chen Jiajun laughed heartily, completely unconcerned, and said, "You don't need to threaten me. If the power grab fails, have you considered that these two groups will fall into internal strife? Whatever you support, I will oppose, and whatever you oppose, I will support. We'll just wait it out. After five or six years, once you're back selling salted duck eggs, you can think carefully about whether your son is still a match for me."

Accompanied by Chen Jiajun's steady tone.

Roland Gardner seemed to foresee what might happen to the two groups next.

Every time he made a proposal at the board meeting, Chen Jiajun would reject it.

The Grand Hotel Group and CLP Power Holdings were embroiled in internal strife, causing the group's stock price to plummet and shareholders to gradually lose confidence. They also became increasingly dissatisfied with his chairmanship and turned their support to Chen Jiajun.

Chen Jiajun is in his prime and has achieved more in both politics and business than him at a young age.

Moreover, Chen Jiajun is good at making money. He can repay HSBC's 90 billion loan in one go and help the Fok Ying-nam family, Lin Mingze, He Xin and others make a lot of money. It is conceivable that Chen Jiajun's influence in Hong Kong's business community will be immense in the future.

He only needs to offer a little bait, and those shareholders will eagerly switch their support to him. When that time comes, it will be time for him, Roland, to leave the Grand Hotel Group and CLP Group.

No, the outcome might be even worse than that.

Moreover, with his spoiled son alone, once his health fails, he will be no match for Chen Jiajun.

At that time, Chen Jiajun can easily dilute the Kadoorie family's shares by using a few tricks, such as private placement of shares.

(End of this chapter)