The Industrial Giant Reborn

Time soon entered August. As expected, the stock exchange approved the delisting permit of Hutchison Group, and Hutchison officially became the first large-scale group in Hong Kong history to delist from the Hong Kong stock market.

According to the original agreement, Chen Zhiwen also spent hundreds of millions of Hong Kong dollars to acquire the stocks in the hands of some shareholders at the price stipulated in the previous contract. Another group of people, even if they believed that Chen Zhiwen had this ability, thought that it would take too long for Hutchison to return to normal. Time, with this time, it is better to sell the stocks to invest in other companies or real estate, it is always safer, so I also want to sell the stocks in my hand, Chen Zhiwen also readily agreed, just slightly suppressed the price, and I can't let the previous relationship with him The cooperating people earn less than this group of people, right? .

Therefore, within half a month, Galaxy Securities successfully acquired 31.4% of the shares. So far, Galaxy holds more than 80% of the shares of Hutchison.

The acquisition spanning 8 months ended with a perfect victory. In this acquisition, 80% of the shares totaled 340 million Hong Kong dollars, basically only a little higher than the original stock price of Hutchison. The fundamental reason for this is Hutchison’s The management is too bad. Under the reasonable control of Zhou Jiayang in the early stage, the cost is not much. Later, Hutchison was found to be acquired by someone, which stimulated the stock market. The peak market value of Hutchison also reached 1.1 billion Hong Kong dollars, but Chen Zhiwen’s identity was exposed. Afterwards, the stock price fell quickly again, allowing Zhou Jiayang to increase to 49.9% at a low price, and the rest was the acquisition after delisting. We still have to thank Hutchison for the bad situation, otherwise it would not be so smooth.

However, although it did not cost a relatively huge price, the investment of more than 300 million Hong Kong dollars also made Chen Zhiwen basically use up his profits from speculation on petroleum derivative plastics. Fortunately, the acquisition of Wharf has also temporarily stopped, and Chen Zhiwen also intends to suspend For a period of time, Hutchison Huayang changed hands, which also increased the vigilance of the British consortium. They stopped for a while, retracted their fists and rested, and waited for the next attack.

At the same time, at the request of Chen Zhiwen, Citibank sent a team from the United States. After half a month of agreement, Chen Zhiwen used Wal-Mart stocks worth 146 million US dollars as collateral to lend 500 million Hong Kong dollars, of which 200 million Hong Kong dollars were transferred to The Hutchison Group was used for the merger of its Whampoa Company and Watsons, and the other 300 million was still placed in the account of Citibank's Hong Kong branch.

The whole matter is highly confidential. The Citigroup Hong Kong branch did not participate in it. It just accepted Chen Zhiwen's 300 million Hong Kong dollars in the end. The reason why the branch was kept secret was because there were many Hong Kong employees in this branch, and the entire mortgage contract passed through them. There will be a risk of leaking secrets. At present, Chen Zhiwen does not want Hong Kong to find out that he still has too much wealth in the United States, which is very likely to arouse the vigilance of all British capital.

It is relatively safer to inject a sum of money into a single account, and only a few Yankees at Citibank know about it.

So far, Chen Zhiwen owns 92% of Hutchison's shares, and the remaining 8% can only be acquired by Zhou Jiayang slowly.

At the same time, a joint venture company consisting of Li Jiacheng, Hehe Industrial, and Hutchison Group was also registered and established, with Hutchison 50%, Cheung Kong 30%, and Hehe Industrial 20%, with Li Jiacheng as the general manager, Hu Yingxiang as the deputy, and Chen Zhiwen Then arrange for Zhou Jiayang to join in, the main role of supervision, and at the same time arrange financial personnel.

Li and Hu naturally have no objection to this. Their current main energy is to evaluate some projects and land of Hutchison, and study how to develop them. Engineers from Hutchison also joined in. It’s a bit weaker, but the valuation is still okay, and Chen Zhiwen also specially hired a third-party agency to do the valuation. When the three valuations are similar, the joint venture company will pay and record the corresponding funds, and the follow-up will be to enter the development stage.

These are just established procedures, and the specific operation in the future needs to be decided according to the actual situation.

Inside Hutchison, Chen Zhiwen and Zhou Jiayang met with the management of Whampoa Group and informed them of the merger plan. Hutchison was originally the major shareholder of Whampoa. In addition, the capital can be negotiated, and the management of Whampoa Group passed the merger plan. However, the details still need to wait for the approval of the shareholders' meeting, but this shareholders' meeting is actually no different from the previous Hutchison shareholders' meeting, at most it is a matter of price.

Watsons is holding back for the time being, and will wait until the matter of the Whampoa Group is over.

Richard's side is mainly responsible for selling all non-core business companies in the company's non-real estate business. Whether it is a loss or a profit, Chen Zhiwen will sell all of them. You can enter the market later, and it is not the electronic industry that is changing with each passing day. It will be fine ten years later.

In addition to the 360 ​​branches, during Qi Dezun's era, Hutchison also took shares in many companies, some of which were more or less, a total of 18 companies, all of which were major shareholders, and hundreds of companies.

When Richard and Zhou Jiayang sorted out the list of these companies, Chen Zhiwen suddenly found a good investment that was almost ignored by him.

"Hong Kong TVB? We have 2.36 million shares in TVB, how much is it?" Chen Zhiwen looked at a data in the form and asked.

"Wireless TV station? Let me take a look." Zhou Jiayang immediately flipped through the documents in his hands. What they gave the boss was a list, but he had more information in his hands.

"I found it. There are a total of 7.68 million shares in TVB. If we account for Heji, it is a little over 30.7%." Zhou Jiayang said after a quick mental calculation, and at the same time handed over the documents to Chen Zhiwen.

"Why doesn't Qi Dezun want TVB? With his personality, why doesn't he want this powerful media tool that can control the whole mouth?" Chen Zhiwen asked.

"Because when TVB was established, we, Hutchison, HSBC, and Times Life Group signed an escrow contract with Li Xiaohe. TVB would not suffer huge losses, and the management team would not make serious mistakes. We were not allowed to interfere with TVB, and Wireless was established in 1967, and at that time Qi Dezun had just become the top class of Hutchison, and his investment strategy was still different from the latter." Richard replied.

"Then what if Li Xiaohe dies?" Chen Zhiwen asked again, but he knew that this guy would not live for a few years, and it was also because of Li Xiaohe's death that Shao Yifu had the possibility of becoming the owner of Wireless.

"Then the contract is automatically invalidated. Mr. Chen, are you interested in TVB?" Richard sensitively sensed the change in the boss's attitude.

"A TV station is still very useful. What kind of company is Times Life Group?" Chen Zhiwen asked.

"This is a British-funded trading company. Ten years ago, it was quite large. At that time, Qi Dezun also had a good relationship with them, so they invested in TVB together, but it has declined in recent years." Richard said.

"Then shall we take over the shares of Wireless from this company? They have 2.26 million shares in their hands. Once the acquisition is successful, we will control 60% of Wireless' shares." Zhou Jiayang asked.

"Okay, accept." Chen Zhiwen nodded. In the shareholding structure of TVB, HSBC and Hutchison each own 2.36 million shares; Times Life Group owns 2.26 million shares. Among the private shareholders, Li Xiaohe holds 270,000 shares; Li Rongsen and Li Rongda jointly hold 110,000 shares; Run Run Shaw owns 320,000 shares.

"Okay, chairman, then I'll go and consult." Zhou Jiayang agreed.