Chapter 1011: Eyeing the pillars of the Swire Consortium
Xia Yu knew Song Bo's purpose, and he had been waiting for Song Bo to arrive.
He let Luo Wang keep an eye on the Shi Yahuai family, and every day information about the Shi Yahuai family's movements in all aspects would be sent to him, and of course he also knew about the preparations for the convening of an interim board of directors of many companies under the Swire Consortium.
And these companies, without exception, all have the Song family holding shares!
After the Shi Yahuai family took action, Song Bo was able to hold out for four or five days before he came to ask for help, which already surprised Xia Yu.
It can be seen that Song Bo is indeed helpless now.
But no matter how important things are, they are not bad for these few minutes.
He said unhurriedly: "Mr. Song, don't worry, let's talk slowly." ”
As he spoke, he boiled water to make tea himself.
Now that he has seen Xia Yu, it makes no difference whether it is fast or slow for a few minutes, Song Bo waited calmly, and when Xia Yu poured him a cup of tea, he said thank you, took a sip of the teacup and put it down again.
Xia Yu didn't want Song Bo to think that his attitude was perfunctory, so he pretended not to know the situation and asked knowingly:
"Mr. Song, is it the Shi Yahuai family who is taking revenge on you?"
Song Bo nodded solemnly, and told Xia Yu the real situation: "That's right, and Shi Yahuai's revenge is very fierce, now as long as the managers who have a relationship with my Song family are all targeted, the purpose of the Shi Yahuai family is very clear, that is, to completely eliminate the influence of our Song family." ”
"In addition, the Shi Yahuai family is ready to dilute our Song family's equity in some companies in the form of private placement, and the boards of directors of many companies have been controlled by the Shi Yahuai family, and I can't stop it at all. ”
Speaking of this, Song Bo deliberately glanced at Xia Yu, and there was some incomprehensible meaning in his eyes.
Xia Yu used to do this to Shi Taikoo Airlines, and now the Shi Yahuai family uses the same way to deal with their Song family, and Song Bo is helpless when he thinks of this.
With Xia Yu's face, he naturally did not show an embarrassed expression, and he asked directly: "Mr. Song, although I had expected it before, but when it really happened, I also sympathize, but since I promised, then I will definitely not break my promise." ”
"You say, what are you going to do, what do you need me to do?"
Xia Yu is confident of winning a large-scale war with the Swire Consortium, but the process will definitely be much more difficult than when Dou Yihe Consortium, after all, the Swire Consortium has learned the lessons of the Jardine Consortium, filled a lot of loopholes, and left few fatal points.
Xia Yu ordered people to deduce that with only normal business methods, the Swire Consortium could only be disabled, and it was almost impossible to be wiped out like the Jardine Consortium, unless the Shi Yahuai family chose to give up and leave Xiangjiang and return to the United Kingdom.
And although the assets under the Swire Consortium are attractive to him, they are not particularly many, so after eating the fat of aviation, he does not particularly want to start a full-scale war with the Swire Consortium.
But since he promised Song Bo, then he will do it.
Now he gives the choice to Song Bo, how to fight, and to what extent he fights depends on Song Bo's meaning, and how much courage and appetite he has!
What Song Bo was waiting for was Xia Yu's words.
His eyes narrowed, his burning gaze met Xia Yu's, and he said firmly: "I hope that Mr. Xia can help me and let my Song family's assets be concentrated in the two companies Swire Industries and Swire Trading Group." ”
Xia Yu raised his eyebrows, did not agree immediately, but asked with a smile: "Mr. Song, I don't know if you have brought the details of these two companies?"
As soon as Xia Yu finished speaking, Song Bo took out the materials that had been prepared long ago from his briefcase and handed them to Xia Yu.
"Mr. Xia, please take a look. ”
Xia Yu couldn't help but take the information, added some tea to Song Bo and said, "Mr. Song, you drink tea first, I'll finish reading the information." ”
"Okay. ”
Under Song Bo's gaze, Xia Yu opened the information, and the situation about Swire Industries and Swire Trading Group came into view.
This information is very detailed, it was collected by Song Bo with all his might after he decided to turn to Xia Yu, and it is related to the future of the Song family, and he can be said to have done his best.
Swire Industries Group is one of the main listed companies under the Swire Consortium, listed in December 1969, with a total share capital of 285 million shares, and a market value of more than 2.14 billion Hong Kong dollars in the current recovery of the Hong Kong stock market, making it one of the top 50 large companies in Hong Kong.
The Swire Pacific Group has six pillar companies, namely Swire Bakery Products Limited, Swire Sugar Limited, Swire Rubber Limited, Swire Maschinen, Swire Textiles and Swire Paint Oil Limited.
In addition, there are 12 other large and small companies that have been invested or acquired, and there are as many as 18 directly managed subsidiaries.
Under the six pillar companies, there are more or less subsidiaries.
In fact, there are as many as 46 companies directly and indirectly related to the entire Swire Group.
Such a large number of companies is fundamental to the support of such a high market capitalisation of Swire Industries.
To put it bluntly, even if Swire Industries is spun off from the Swire consortium alone, it will be able to match the assets of most families in Hong Kong.
In terms of assets, Xia Yu roughly swept it and skipped it, although there are many good companies, but they are not very attractive to him.
His focus is on the shareholding structure.
In terms of the shareholding structure of Swire Pacific Group, Heung Kong Swire Group holds 33.7% of the shares, making it the largest controlling shareholder.
The second largest shareholder is the Shi Yahuai Family Fund, with a shareholding ratio of 8.2%.
The shareholders and shareholding ratios announced by the next eight major congresses are: 5.9 percent for HSBC, 5.6 percent for the Ho Group of the Heung Kong Family, 5.4 percent for the Song Family, 5.2 percent for the Kuala Lumpur Kepong Group, 5.1 percent for Standard Chartered Bank, 4.3 percent for the Bank of East Asia, 4.1 percent for the Harry Lila Group, and 3.4 percent for Sun Hung Kai Securities Company.
The remaining 16.8 percent of the shares are distributed among other companies, institutions and retail investors, and it is difficult to collect information because the shareholding ratio does not meet the threshold of the top 10 shareholders.
However, Xia Yu can be sure that his Jiuding Securities Company must hold a lot of equity, but Wang Qi followed his instructions and secretly hid it and did not announce it.
That's what Swire Industries' information can be summed up in.
Swire Trading Group, although it is a long-established company on which the Swire Consortium has grown, is far less large than Swire Industries and is not listed, with a total share capital of 80 million shares, and the valuation of it in Economic Weekly is 840 million Hong Kong dollars.
There are 13 subsidiaries in the Swire Pacific Trading Group, all of which serve as business services, with four being the most prominent companies: Swire Motors Sales Company, Swire Cold Storage Company Limited, Swire Resources Trading Company Limited and Swire Dingham Limited.
Similarly, after seeing the list of subsidiaries of Swire Trading, he initially judged that although these companies were valuable, they were not irreplaceable, and even though many companies were in competition with some of his companies, he did not have to acquire them.
In terms of shareholding structure, because it is not listed, Swire Group has stronger control over Swire Trading, with the group holding up to 57% of the shares.
Then the second largest shareholder is the Song family, and the Song Group holds 12.4% of the shares.
The third shareholder is a British family, and Stephen & Co. holds 11.7 percent of the shares.
Then there is the Hysan Group of the Ritchie family with 7.3 per cent of the shares, Wheelock with 6.2 per cent and Dah Chong Plc with 5.4 per cent.
......
Xia Yu looked at the whole information for more than ten minutes, and when he put it down, he smiled lightly and said with a smile: "I have read the information carefully, Mr. Song, if you want to operate this idea, the difficulty is not ordinary." ”
"These two companies, Swire Industries Group is a listed company, and the total shareholding of Swire Group and the Shi Yahuai family has reached 41.9%, even if you want to grab it, it is difficult to completely grab it, the key is that the Shi Yahuai family is willing to let go. ”
"It's even more difficult for Swire Trading, the company is not listed, and Swire Group directly holds 57 percent of the shares, even if you take the equity of all the other shareholders, plus your own, it is only 43 percent, and you can only protect yourself. ”
Xia Yu is telling the truth, and Song Bo doesn't quibble, it is precisely because of the difficulty that he begged to come to Xia Yu.
He is self-aware, and if he were to do it himself, he would never succeed!
So he said sincerely: "Mr. Xia, I also know what you said, but I can't help it, now there is only one pillar of our Song family, which is the Song Group." ”
"However, the Song Group's business is miscellaneous but not strong, and it holds more equity in Swire Group's companies, with many types, but the shareholding ratio is small, which is a typical miscellaneous but not strong form. ”
"Now the Shi Yahuai family has made up its mind to take revenge on our Song family, it is easy to be broken by each of them, just like the Swire Trading Group, although our Song family holds 12.4% of the shares, but the Shi Yahuai family has reached an agreement with the Stephen family, has controlled the board of directors, and is now convincing the Li family and the Madden family, as long as they all reach an agreement, my equity will definitely be forcibly diluted, and my interests will be seriously infringed. ”
"So I reflected, ten birds in the forest is not as good as one bird in hand, and I hope to exchange other shares for the shares of Swire Industries and Swire Trading Group. ”
"As long as Swire Industries Group and Swire Trading Group are in hand, plus our original Song Group, I can leave a solid foundation for my Song family, even if I leave one day, my family will not have a miserable life. ”
Speaking of this, Song Bo paused for a moment, looked directly at Xia Yu, and said solemnly: "Mr. Xia, I know that this is difficult, but now that the Shi Yahuai family has been infringing on my interests, I will ask them to replace, they will never agree, looking at the entire Xiangjiang, you are the only one who has the ability to make them agree!"
"I hope you can help our Song family, from now on, my Song family will only look forward to you!"
"And I'll pay according to the rules. ”
Xia Yu stared at Song Bo directly.
Song Bo's meaning could not be clearer, that is, his Song family was bullied, he came to worship the dock, and asked Xia Yu to take action to find him back and protect his interests.
This request is not too much, after all, Xia Yu has promised before, although Song Bo's request is big, but it is only close to the promised line.
And Song Bo also knew that his request was very difficult, and if it was really successful, the Song family would get huge benefits, and it would not be an exaggeration to say that it was to rebuild the foundation of the Song family.
So he was very witty and didn't just hope that Xia Yu would fulfill his promise, but bowed to Xia Yu very decisively.
As long as Xia Yu agrees, then the promise is fulfilled, and there is a more powerful and cohesive Song family as an ally brother, and he also earns a full amount of acquisition commissions, no matter how you look at it, you won't lose money.
As for other interests, such as Xia Yu's pull from the Swire Consortium, Song Bo didn't mention it very interestingly.
Xia Yu just analyzed these things with a turn of his mind.
It's just that the key depends on whether Song Bo is sincere or not!
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