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Chapter 385 [Partial acquisition - China-Pakistan merger battle 1]

The incident that day did not end up in the police station;

Because in the end, a group of young men who had drunk almost the same amount of drinking also woke up and knew who they were in conflict with. They were so scared that they ran away quickly, and they had the courage to continue to get entangled.

Huang Dazhong did not continue to make trouble, and he fought as he should. If it really caused someone to die, it would have a great impact on the boss's reputation.

The main reason is that the female bodyguard said that the two hostesses were not encountered, so even if the boss is popular, he is still rational!

If the two hostesses are taken advantage of, things may become a big deal, and these young men may not die or be disabled.

There are a lot of people who are willing to do such things for their boss!

.........

But Yan Chengkun's eldest grandson Yan Junnan was quite scared when he returned home;

Although I just returned to Hong Kong, I grew up hearing Wu Guangyao’s reputation since I was a child;

Will the family be retaliated if they accidentally teased?

"It shouldn't be true. What else do he want to do when his bodyguard beat him like this? Besides, his grandfather is also the number one person in Hong Kong. Could he dare to kill him?" Yan Junnan comforted himself.

A middle-aged lady said in surprise to Yan Junnan, who had just returned, "My son, what are you doing? Whoever beats me, let's go to him, and our Yan family will never give up!"

Yan Junnan hurriedly dodged and did not dare to signal the wound to his mother to see.

"Mom, it's not a man who beats me. I accidentally fell off when playing motorcycles with my friends! Don't worry, it's all skin injuries, nothing is happening. Don't make a fuss, let's make people know how embarrassed I am." Yan Junnan's tone was a spoiled tone.

Although the middle-aged lady felt quite heartbroken, her son's tone was tough, so naturally she couldn't continue asking.

"Okay... OK, son, you have to be careful! OK... I won't say much, I'll get you some scratch medicine." The middle-aged lady immediately became atrophy when she saw her son's impatient face.

"Remember, don't tell anyone, especially my father and grandpa. If they know, they will definitely care about themselves! Then I might as well go back to the UK. You will be in trouble when you see me in the future." Yan Junnan threatened his mother.

"Okay, I understand, you need face, too." The middle-aged lady said in a heartache and doting way.

.........

The next day, Global Group, Global Terminal Service Company (a first-level subsidiary) and Global Freight (a second-level subsidiary), officially prepared for the acquisition of China-Pakistan.

Backed by the strength of Global Freight, Global Freight invited former HSBC director Riley and others to form a powerful tank - Yalong (a company formed for acquisition).

This acquisition is the first time that Wu Guangyao's second-level subsidiary (Global Freight) has opened its fangs. Wu Guangyao came to Yalong conference room in person to cheer everyone up.

"The battle will definitely win!"

Inspired by Wu Guangyao, everyone in the conference room was immediately confident.

Yalong General Manager Luo Rui, Yalong Advisor Riley and others all agreed: "The battle will definitely win!"

"Okay, you don't have to worry about me, keep going!"

After Wu Guangyao finished speaking, he stopped talking, but just planned to listen for a while before leaving!

He has specialized in his career, and this acquisition is different from the past;

According to the Hong Kong Island Patent Law, if a public utilities belong to a listed company, about 25% of the shares must be held by the public to avoid becoming a private institution.

Moreover, no matter how much money Wu Guangyao has, as a businessman, he still needs to maximize his interests;

It is impossible that every acquisition will cost a lot of money.

Luo Rui took the lead and said: "Although the founders of China-Pakistan, Yan Chengkun and Huang Wangcai, have been in-laws, but their relationships are very poor over the years, which led to the Huang family, which was originally the major shareholder of China-Pakistan, having been selling their shares, and the Yan family has become the major shareholder of China-Pakistan. So we currently have three directions: First, we are taking the Huang family's turnaround; second, we acquire the Sino-Pakistan shares from HSBC, Hutchison and other foreign companies; third, we need to quietly acquire shares in the public market."

When everyone heard this, they all agreed!

If the Huang family wants to cash out, isn’t Yalong just his best partner?

And HSBC and Hutchison have certainly no shortage of China-Pakistan shares, because there are only a few dozen listed companies in Hong Kong, and these foreign companies may have been mixed.

This incident also reminded Wu Guangyao that during the low tide of Hong Kong from 1966 to 1967, he had to quietly acquire a large number of stocks of all listed companies, as well as land and properties on Hong Kong Island.

If you want to acquire someone in the future, you will have a certain foundation.

Riley said: "The total share capital of China-Pakistan is 60 million shares, currently worth HK$0.85 per share; HSBC has about 5% of the stocks, and Hutchison thinks it has a certain share. Huang's stock share is the most, with an estimated 16%. In this way, we already have about 23% of the stocks, while Yan's stock is expected to have 25% of the stocks."

"So, our acquisition target is 49%?" said one management.

Riley thought for a while before saying:

"It is not safe. If Yan's shares are raised to 50% in order to protect China-Pakistan and then touch the threshold of a full acquisition, it will be detrimental to us, and the acquisition will fail."

"And if we implement all acquisitions, it will obviously be more costly; first, the cost is too high; second, China and Pakistan will lose the bus franchise on the island."

"We can implement 'partial acquisition' and set the target at 56% of the shares; although we have touched the threshold of a full acquisition, we can refuse a full acquisition; because the Public Bus Service Regulations stipulate that China and Pakistan must maintain a publicly held listed company in order to obtain the right to operate the patent."

"This is a loophole in the authorities' securities regulation, so we can challenge it."

After hearing this, Wu Guangyao couldn't help but applaud Riley's strategy!

Indeed, if Yalong really acquires China-Pakistan company in full, the Hong Kong government may cancel the bus franchise on the island, and multiple buses may compete in the future.

This is obviously extremely unfavorable. The reason why Kowloon and China Pakistan share prices are so high is because they have bus franchises in Kowloon and the island.

Luo Rui nodded and said, "Okay, let's contact the Huang family first and take down HSBC and Hutchison shares."

This acquisition made everyone feel confident in winning, although there was no stock in China and Pakistan.

...........

The full name of China-Pakistan is "China Automobile Co., Ltd.", which is an old-fashioned public utility listed company. It was founded in 1933 and was founded by Yan Chengkun and Huang Wangcai.

Yan Chengkun is from Chaoyang, Guangdong Province. He was born in 1900. He started as a sedan chair in his early years and then owned a large number of sedan chairs and made his first pot of gold. In 1930, Yan Chengkun saw the increase in the population of Hong Kong Island and the prosperity of various industries, so he formed a bus service company with Huang Wangcai.

At that time, there were already six bus companies in Hong Kong, including China Pakistan founded by Yan Chengkun and Huang Wangcai, Kowloon and Kai Tak Automobile Company founded by Deng Zhaojian and Lei's family. All three provide bus services in the downtown area of ​​Kowloon; the three companies took similar routes and had fierce competition.

So in 1933, the Hong Kong government bid for the franchise of Kowloon Bus Service and the island bus service, and China and Kowloon won the bus franchise of the island and Kowloon respectively.

Since then, Hong Kong Island’s transportation industry has formed a situation of “two divisions of the world”.

Yan Chengkun is a tycoon uncle of the Chaozhou tycoon and is also a hot celebrity in the political and business circles of Hong Kong Island. In 1955, he was appointed as a member of the Legislative Council. In 1959, he was promoted to the Executive Council, the highest authority of the Hong Kong Island government, and also served as the Chief Member of the Legislative Council.

During World War II, China and Pakistan suffered heavy losses, all vehicles were destroyed and requisitioned, and business was stopped;

After World War II, under Yan Chengkun's helm, China Pakistan's business strategy was quite enterprising, constantly purchasing buses and factories, and its business developed rapidly and even more rapidly. According to statistics, from 1951 to 1966, the buses owned by the China Pakistan fleet increased rapidly from 151 to 490, and the annual passenger capacity increased from 46 million to 180 million.

China and Pakistan solved the problem of "travel" of food, clothing, housing and transportation for Hong Kong citizens after the war, and made great contributions; therefore, in 1960, China and Pakistan once again obtained the franchise of bus services on the island, with a term of 15 years.

In 1962, China and Pakistan were listed on Hong Kong Island in accordance with the provisions of the Transportation Affairs (Hong Kong Island) Act of 1960 and became listed companies; the control was in the hands of the two major families of the Aoyan family and the Huang family.
Chapter completed!
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