Legend of Xiangjiang Tycoon

The shareholders meeting of Hutchison Whampoa was held as scheduled on the second day after Li Zhiwen obtained absolute control of Hutchison Whampoa.

　　 There is no suspense at this shareholder meeting. Prior to this, Li Zhiwen held a total of 66% of Hutchison Whampoa's shares.

　　 According to the provisions of the Hong Kong Company Law, a controlling shareholder holding more than two-thirds of the company’s shares can initiate a compulsory acquisition.

　　 So Li Zhiwen can easily achieve a compulsory acquisition with a little effort.

　　 But Li Zhiwen didn't do that. After all, it was unnecessary.

　　 Li Zhiwen did not consider delisting Hutchison Whampoa, although delisting at this time would be beneficial to Li Zhiwen.

　　 After all, compared with the stock price of Hutchison Whampoa before the Hong Kong crisis, Hutchison Whampoa’s stock price has risen because of the takeover war. But it is still not up to the share price of Hutchison Whampoa before the Hong Kong crisis.

　　 That is to say, the market value of Hutchison Whampoa is lower than the actual value of Hutchison Whampoa at this time. Delisting at this time is absolutely cost-effective.

　　 But Li Zhiwen didn't consider doing that. Firstly, it was HSBC's business. Now that it has reached 50% of the holding, it can be returned by borrowing HSBC stock.

　　 The second is because Li Zhiwen has other plans that require a lot of funds to achieve.

　　 The privatization of Hutchison Whampoa at this time obviously does not conform to Li Zhiwen's long-term interests.

　　 The third is that although Hutchison Whampoa has been in a thriving stage after two years of careful management by Li Jiacheng.

　　 But it is undeniable that Hutchison Whampoa still has many low-quality assets. If privatized, these low-quality assets will need to be borne by Li Zhiwen. How could Li Zhiwen agree to such a thing.

　　 The fourth is that there are still many British remnants in Hutchison Whampoa. The first thing Li Zhiwen has to do is to sort out these British remnants.

　　 In short, the privatization of Hutchison Whampoa is not part of Li Zhiwen's plan at this stage.

　　 In the early morning of September 15, under the service of Lizhi, Li Zhiwen, dressed neatly, left the hilltop villa and went to the Hutchison Whampoa headquarters in Central.

　　 The shareholders meeting is still held in the conference room of the Hutchison Whampoa headquarters.

There are not many people in the meeting room at this time, but this is also very normal. After all, Li Zhiwen holds 66% of Hutchison Whampoa, Li Jiacheng holds 17% of Hutchison Whampoa, and the two together hold 83% of Hutchison Whampoa. It can be said that Hutchison Whampoa’s equity is very concentrated.

　　 The remaining 17% of the equity is scattered in the hands of seven minority shareholders.

　　 Among the seven minority shareholders, four are British and three are Chinese.

　　 These four British people have held the shares of Hutchison Whampoa for a long time, and it can be traced back to the time when Qi Dezun was in charge of Hutchison Whampoa.

　　 The four of them have their own ideas, of course, more of them feel a little bit sad and angry.

　　 After all, such a company, which belongs to the second largest foreign bank in Hong Kong, is in the hands of the Chinese at this moment. I can't say that.

　　 More importantly, they have witnessed the changing situation in two years. After you sing, I will appear on stage. It's really a lively event.

　　 In fact, these four British people have been united together during Li Jiacheng's reign. They own 10% of the shares of Hutchison Whampoa, which is considered to have a lot of energy in the shareholders.

　　 But the four of them now have two different indirections.

　　 One kind of voice is that Li Zhiwen’s action is to buy Hutchison Whampoa wholly. If that is the case, why not sell the stock in hand, cash out, and then return to the UK.

　　 After all, the wind direction in Hong Kong has been very bad recently.

　　Especially the Sino-British negotiations on Hong Kong broke down, and the two sides were at war.

　　The British guys of this faction think that Hong Kong is not safe at this time. If this is the case, if there are people who take the order, why not take a sum of money and leave.

　　 The other faction is full of confidence in Hong Kong and is unwilling to sell shares in Hutchison Whampoa.

　　Of course, they are not full of confidence in Hong Kong, but full of confidence in John Bull.

　　 Similarly, they are not unwilling to sell their shares, but think that the stock price of Hutchison Whampoa at this time is too low and does not meet their psychological price of selling, so they want to check it out.

　　 The same is true for the three Chinese. They already know what happened at the Lixin Group Shareholders' Meeting yesterday.

　　 The three Chinese are very afraid that Li Zhiwen will take control of his main business and threaten him to sell Hutchison Whampoa stock.

　　 As for the remaining two parties in the conference room, one of them is the nominee shareholder of HSBC.

　　The other faction is Li Jiacheng. Li Jiacheng heard Li Zhiwen's words yesterday and decided to come and take a look.

　　 Put the new project first, don’t worry too much.

　　 If Li Zhiwen gets scammed again on the issue of Hutchison Whampoa, it would be too sad.

　　 And that day is not bad, so I appeared in this conference room today.

　　 Of course, Li Jiacheng at this time was very confused about what happened to the previous shareholders of HSBC.

　　Sundus is not saying that the shares of Hutchison Whampoa held by HSBC have been sold to Li Zhiwen, then this person shouldn't be here.

　　 Li Jiacheng believes that Sundashi will not lie to himself about this kind of thing, after all, there is no need.

　　 Is there anything hidden in this? Li Jiacheng frowned and thought.

But soon Li Jiacheng eased his brows and wanted to open it. After all, there is nothing to do with Li Jiacheng. Li Jiacheng has sold 15% of the shares of Hutchison Whampoa to Li Zhiwen. At this time, Li Jiacheng has not competed for the holding of Hutchison Whampoa. The strength of the right.

　　 "Since everyone has arrived, let's start today's shareholders meeting!"

　　 Unlike yesterday, the shareholders meeting of Hutchison Whampoa was convened by Li Zhiwen, instead of being presided over by Lizhi like the shareholders meeting of Lai Sun Group.

　　 After all, the two are not at the same level, and the other is that Lin Baixin did not attend the Lai Sun Group shareholders meeting.

　　 "Everyone knows that our shares in Hutchison Whampoa have changed a lot recently, but I am not talented and became the controlling shareholder of Hutchison Whampoa. I would like to thank the many shareholders present for their support." Li Zhiwen said.

　　 When Li Zhiwen spoke, he also looked at Li Jiacheng and the executive director of HSBC, which obviously meant something.

　　 "Since the shareholding has changed a lot, it is necessary to re-elect the board of directors."

　　 "Of course everyone also understands the company law, so there is no need for me to read it again."

"At present, we hold 66% of the shares, occupying 13 seats, Mr. Li holds 17% of the shares, occupying three seats, and four British friends hold 10% of the shares, occupying two seats, and the other three and I and Mr. Li occupy two seats, everyone has no opinion!" Li Zhiwen said.

　　 After Li Zhiwen finished speaking, the three Chinese shook their heads first, expressing no opinion.

　　 The same was true for the next three British guys, shaking their heads to express no opinion.

　　 "I have no objection!" Li Jiacheng said.

　　 After all, Li Zhiwen’s assignment was correct, and he did not favor anyone.

　　 Of course, at this moment, Li Jiacheng looked at the former HSBC shareholder director in doubt, and wanted to know what he was doing here.

　　 And the director of HSBC's shareholding bank was looking at the chair in a veteran manner. He didn't speak or express anymore, as if it were a sculpture!

　　 "Since everyone has no opinion, it is decided like this. As for the chairman of the board of directors, I will assume it. There is no opinion on this, right!" Li Zhiwen said.

　　 "Of course!" Everyone expressed no opinion.

　　 After all, even if there are opinions, it is useless. After all, there are thirteen seats on the board of directors, and everything seems to be easy.

　　 "The above things are all a process. Actually, this is not the main reason for calling everyone here today. After all, everyone is very busy, because these small things are very inappropriate to gather everyone!" Li Zhiwen continued.

　　 Li Zhiwen’s remarks made everyone complain about choosing the chairman of the board of directors of a listed company with a market value of several billion Hong Kong dollars. Only Li Zhiwen thought it was a trivial matter.

　　 But then I thought again, this kind of fixed matter is indeed a trivial matter to Li Zhiwen.

　　 After Li Zhiwen's words were over, everyone sat up in a distress. After all, everyone knew that the next thing was the highlight.

　　 is like talking, but the latter words are always more important than the previous ones.

　　 And things like this kind of nailed down, of course, but the previous words.

　　 And Mario Casas is also a little excited, because Mario Casas has studied Li Zhiwen.

　　 Li Zhiwen likes to buy shares at the general meeting of shareholders, of course not when the shareholders are willing.

　　 But Mario Casas is not afraid, because Mario Casas has no business in Hong Kong. Mario Casas thinks that Li Zhiwen's threats are useless.

　　 And Mario Casas is the surrender of the four British guys.

　　 Mario Casas hopes to sell his shares and cash out.

　　 "Everyone knows that after Mr. Li's hard work over the past two years, Hutchison Whampoa has made an initial improvement and turned losses into profits. Thank you Mr. Li for letting me take over such a high-quality Hutchison Whampoa!" Li Zhiwen said.

　　 Li Zhiwen's words made Li Jiacheng's old face unable to stretch, and he almost flicked his sleeves away.

　　 And the other shareholders also look different and gloat. After all, Li Jiacheng harmed their interests when he was at the helm of Hutchison Whampoa.

　　 there are sympathetic, and of course unhappy.

　　 "However, we still have some inferior resources in Hutchison Whampoa, which seriously blocked the rise of our share price." Li Zhiwen continued.

　　 "But in terms of the current situation, it is very inappropriate for us to divest non-performing assets at this time."

　　 "But in my opinion, this crisis will continue for a long time!"

　　 "But we can't just sit back and wait and wait passively for the crisis to end."

　　 "So I want to spin off some assets in Hutchison Whampoa and relist them in the form of subsidiaries!" Li Zhiwen said.

　　 "Sir Li, let me interrupt!" The HSBC stock holding director suddenly said.

　　 "Mr. Allen, please say!" Li Zhiwen was not upset by being interrupted, but asked Allen to speak first.

　　 "If it is split and listed, Sir Lee promised us how to deal with HSBC's affairs!" The HSBC holding director named Allen asked.

　　 This is Allen’s job. When Allen came to the general meeting of shareholders, Sundars had asked him to face him. If Li Zhiwen harmed HSBC’s memory, he must stand up against it.

　　 At this time, according to the content of the agreement between Li Zhiwen and Sanders, Li Zhiwen's move is suspected of harming the interests of HSBC, so Allen raised the question.

　　 "Mr. Allen can rest assured that HSBC has the same power and the same shares in the new listed company," Li Zhiwen said.

　　 "Thank you Mr. Li, I'm fine!" Allen said.

　　 The dumb words of Li Zhiwen and Allen made Li Jiacheng a little wary. In Li Jiacheng's view, there may be a deeper level of cooperation between Li Zhiwen and HSBC, which is a bit difficult.

　　 Although HSBC abandoned Li Jiacheng this time, Li Jiacheng did not dare to be dissatisfied.

　　 After all, in Li Jiacheng's opinion, in Hong Kong, HSBC cannot be bypassed in any way.

　　 Therefore, Li Jiacheng wants to quickly recover his vitality in the following days, he must get the support of HSBC.

　　 Of course, in this cooperation, Li Jiacheng will be more careful and more cautious to prevent HSBC from betraying again.

　　 "Sir Li, what business do you want to spin-off and list the group?" said one of the Chinese shareholders, Su Quan.

　　 "My current idea is to first take out the container terminal business to test the waters. Of course, it won't be right away. After all, the listing at this time is definitely going to die."

　　 "My opinion is that the preparatory work can begin, and it will be listed when the stock market picks up."

　　 "In fact, for Hong Kong at this time, the property market was the most affected, and the impact on the container terminal business was minimal!"

　　 "After all, Hong Kong is an international city with a lot of goods."

　　 "This is a good idea!"

　　 "Indeed~www.readwn.com~ I think it is very promising."

　　 Everyone was talking about it.

　　 "How do you count the shares?" Li Jiacheng offered his opinion.

　　 "Take 30% of the shares into the stock market, and the other shares will be diluted proportionally."

　　 "Of course there will be some shareholders who are interested in some industries, but not cold in others."

　　 "You can find other shareholders to replace, or replace with the shares of the parent company!" Li Zhiwen continued.

　　 There is nothing new about Li Zhiwen's move. First, it is convenient to cut leeks, after all, after a series of acquisitions.

　　 Even Li Zhiwen, who has a lot of liquidity, can’t stand it, so it’s necessary to go public to get capital.

　　Of course, these funds cannot be blatantly entered into personal pockets, but dividends can be distributed.

　　 The second is to invest the limited funds in industries worth investing in.

　　 After all, Hutchison Whampoa is too big, with hundreds of companies in his hands, and some industries are not optimistic about Li Zhiwen, so based on this behavior, some shares can be reduced.

　　 The container terminal business that Li Zhiwen took out at this time is indeed a high-quality asset.

　　 But immediately after the world shipping crisis, this piece of assets became boring.

　　 Although Li Zhiwen does not have any data on the dock, nor does he have any memory of these aspects.

　　 But this will not affect Li Zhiwen’s judgment. After all, the shipping business is shrinking, and it is impossible for the terminal business not to shrink.