Chapter 627: Pre-order Cathay
In the afternoon, Li Guangyu went to Heung Kong Electric Group to attend a meeting of the group's shareholders, the main topic of which was to build a new power station in the Tin Shui Wai area, and at the same time expand the group's existing power station.
This time, due to the relatively large amount of funds involved, and there are also many forces involved, not only the Li consortium and the Singapore consortium, but also the Xiangjiang Zhonghua Investment Company and the He Investment Company, Wang Xinyu himself could not decide many things.
In order to suppress the China Power Group in terms of strength, Guo Lingming proposed that the group raise 20 billion Hong Kong dollars for the transformation and expansion of the group.
In addition to the 5 billion Hong Kong dollars that their shareholders need, the other 15 billion funds will be loaned by several major banks, and when the stock market enters a trough, New Asia Investment Company will enter the market to buy the bottom, privatize Heung Kong Electric Group, and then re-list at the right time.
At this time, there is no point in their financing and stock expansion, and now the stock market is constantly falling, and the stock expansion is not of much benefit to them, but they are very optimistic about the future development of Xiangjiang.
Now we have negotiated a plan, and then applied to the government, after the procedure is down, the profits of the Li consortium and interest groups have basically been obtained, and they will release this news again, and the stock market will definitely be able to rebound.
With the support of seven banks, a loan of 15 billion Hong Kong dollars is not a problem at all, and their shareholders only contribute 5 billion Hong Kong dollars.
After discussing the affairs of the Heung Kong Electric Light Group, Guo Lingming said to the audience: "Due to the current collapse of the Hong Kong stock market and the collapse of the property market, the shareholders of Cathay Pacific Airways have been unable to hold on and intend to sell their shares, I don't know if you are interested in taking over their shares, let me jointly take charge of the shares of Cathay Pacific Airways." ”
Guo Lingming originally hoped that their Singapore consortium would eat Cathay Pacific Airways by themselves, but the stock market in Xiangjiang plummeted, which also affected their industry, so that they could not afford to take all the shares of Cathay Pacific at present.
In particular, they have been expanding in the past two years since they came to Hong Kong, and the two major banks have no restrictions on the real estate industry in their business in Hong Kong, and the current financial pressure is very high.
Qiu Depua also ate a part of the shares of Standard Chartered Bank, and now the funds are relatively tight, and the Standard Chartered Bank is a bit miserable in the stock market this time, and it is estimated that they will lose a lot.
It's even worse on their own side, their Singapore consortium has started to invest in the construction of the tallest building in Xiangjiang, and now the property market is directly collapsing, and the impact is not small. If they don't pay attention, a run on the bank is likely to cause big problems.
Li Guangyu himself has little interest in Cathay Pacific, and spending billions of Hong Kong dollars to buy Cathay Pacific at this time is a waste for the Lee Group.
With the existence of Xiangjiang Air Transport Group, there is no need for Li Guangyu to reinvest this money, if he uses it to buy the bottom, he will earn more in the future.
However, Zheng Yutong and Feng Jingxi are still more interested in this, after all, they do not own the shares of an airline, although Cathay Pacific Airways is now declining, but some of the foundation is still there, as long as the Li consortium and the Xiangjiang government do not deliberately target Cathay Pacific, the airline can still develop.
It's just that we still need to negotiate with Li Guangyu in this regard to see where Cathay Pacific's market focus is, so as to avoid competition between Cathay Pacific and Hong Kong Airlines.
Zheng Yutong said: "Guangyu, how is your future positioning of Hong Kong Airlines, I think that with Cathay Pacific as a supplement, we can further improve our layout in the aviation market." ”
Li Guangyu replied: "Uncle Zheng, our Heung Kong Airlines mainly uses Heung Kong and Taipei as the main bases, supplemented by Kuala Lumpur, to develop routes from the three places to major cities in the world. ”
After listening to Li Guangyu's words, Zheng Yutong also had a spectrum in his heart, so that Cathay Pacific could open more regional lines to supplement the shortcomings of the Xiangjiang Airlines market.
And the influence of the Singapore consortium and the Lee consortium in Malaysia, they were able to open some routes within their country.
Zheng Yutong said: "Guo Sheng, we still have some interest in Cathay Pacific Airways, but the current price still needs to be pressed, we don't need to be too anxious, it is best to buy back after December, at that time our several investment companies can also have more funds." ”
Of course, Guo Lingming knew what Zheng Yutong meant, these investment companies were all short on the stock market, and the final settlement time was in December, and their companies must have made a lot of profits at that time.
However, as long as these investment companies are willing, as for Li Guangyu, he has shares in several investment companies anyway, so it doesn't matter if he doesn't invest alone.
On the question of Cathay Pacific's future development, Guo Lingming did not think about competing with the Lee consortium in Hong Kong and Baodao, and he put the main markets in Singapore, Malaysia and Indonesia, which is their home turf.
"That's no problem, it's just over two months away, and when we get it, we can set up bases in Singapore and Jakarta, which will be important markets for Cathay Pacific, and we hope that Heung Kong Aircraft Engineering will be able to settle in these two places to provide security support for Cathay Pacific," said Kwok. ”
Lee Kong Woo himself has no idea of planning to establish sub-bases in these two regions, and the relationship between the two regions is not like that of Treasure Island and Malaysia, where the Singapore consortium has extensive relations and can do so, but the Lee consortium is not necessarily.
Moreover, it is enough to have a base in Kuala Lumpur in Southeast Asia, too much will only be a burden for Heung Kong Air Transport Group.
As for whether Cathay Pacific can compete with Singapore Airlines, it depends on the relationship between the Singapore consortium, and I don't know how the Singapore consortium is preparing in this regard.
Feng Jingxi said: "Guo Sheng, the reform and opening up of the mainland will become closer and closer to Southeast Asia in the future, if we can get routes to mainland cities in Singapore and Indonesia, it will be enough to ensure the development of Cathay Pacific Airways, and I hope you can pay attention to this aspect." ”
"Please also rest assured that we have a well-developed plan in this regard, and as soon as we have the bases in Singapore and Jakarta, we will be able to get this route," Guo said. ”
The meeting also discussed the matter of Swire Pacific Limited, and the Singapore consortium was not prepared to hold any more shares in Swire Pacific Limited, and asked Lee Guangyu if he needed this part of the shares.
Li Guangyu didn't have much intention for Swire Pacific, and now he still wants to keep the Shi Huaiya family in charge, and he himself just waits for the dividends.
At this time, Guo Lingming also hoped to cash out part of the funds for the later acquisition of Guotai shares and investment in Heung Kong Electric Group.
Seeing that Li Guangyu was not interested, he stopped mentioning this matter, as for several investment companies, they will definitely not eat their shares now, and even if they buy them, it will be after the stock market has entered a trough. If you really wait until that time, you won't be stupid to transfer the shares in your hand.
Wonderful Book House