The next morning, Cathay Pacific held a press conference, and the shareholders of Cathay Pacific Airways were changed, and Fok Yingdong, Hu Yingxiang and Cao Guangbiao withdrew from the list of shareholders of Cathay Pacific Airways.

His shares were taken over by the Heung Kong Zhonghua Investment Company, the New Asia Investment Company, and the Ho Investment Company, and as for Bao Yugang's 5% of the shares continued to be held by him, he had no intention of selling his own shares, and Li Guangyu and others had no intention of making a compulsory acquisition.

At present, Cathay Pacific Airways is 50% owned by the Singapore consortium investment company, Pao Yugang holds 5% of the shares, and Li Guangyu and the other three investment companies each hold 15% of the shares.

This time, the Lee consortium and the interests of the joint Singapore consortium to control Cathay Pacific Airways have caused a sensation in all walks of life in Hong Kong.

For more than a year, Cathay Pacific Airways has been very miserable by Xiangjiang Airlines, and a company that used to be very high-quality is now losing money every month.

The market value of Cathay Pacific Airways is only 1.8 billion Hong Kong dollars, you know, when they acquired Cathay Pacific Airways last year, the market value of this company exceeded 5 billion Hong Kong dollars, but in just over a year, it shrank by two-thirds, and several shareholders who invested at the beginning were afraid that they regretted it.

And what all walks of life in Xiangjiang want to know most is that the future development of Cathay Pacific Airways, now the Xiangjiang market has basically been occupied by Lee's Xiangjiang Airlines, there is not much market for Cathay Pacific Airways to develop, I don't know if the two companies can get along in the future.

At the press conference, Wang Junchang, Vice Chairman and Vice President of Heung Kong Air Transport Group, became one of the focal points of interviews.

Because Guo Lingming has just introduced to everyone, Wang Junchang will temporarily serve as the chairman of Cathay Pacific Airways.

A reporter from Oriental Daily asked: "Wang Sheng, more than a year ago, you were also the vice chairman of Cathay Pacific Airways, this time you returned to Cathay Pacific Airlines, will you always work in Cathay Pacific Airways in the future?"

Wang Junchang said: "My position is still the vice chairman of the board of directors of the Heung Kong Air Transport Group, the vice president of the group, this time due to the change of Cathay Pacific, I received Li Sheng's order to temporarily come to preside over the affairs of Cathay Pacific Airways, after the normal development here, I will return to the Hong Kong Air Transport Group." ”

Mr. Wong has little interest in the chairmanship of Cathay Pacific, a position that is far from his position at the Heung Kong Air Transport Group.

If it weren't for Li Guangyu's instructions this time, he would have been in charge of the construction of the group's base and the construction of a joint venture between the Heung Kong Aircraft Engineering Company and the Kuala Lumpur government.

These reporters also understood the meaning, the Li consortium still likes to do this, and Watsons used to be like that, when Watsons encountered difficulties, Li Xuelan went there to preside over Watson's affairs, and his position in Hengyu Supermarket Group did not change.

Now it is estimated that the Lee consortium has done this again, and after Cathay Pacific Airways is operating normally, it will be handed over to this side to manage itself.

A reporter from Sing Tao Daily asked: "Wang Sheng, we all know that the current Xiangjiang Airlines market is occupied by Xiangjiang Airlines, and now that you are the chairman of Cathay Pacific Airways, I don't know if you can reconcile the interests of the two companies so that the two airlines can live in harmony." ”

Wang Junchang responded: "As we all know, at present, our Heung Kong Airlines is based on Heung Kong and Baodao, and at the same time Kuala Lumpur and Bangkok are added as auxiliary bases to expand the development of our Heung Kong Airlines. In the future, Cathay Pacific Airways will expand our company's aviation market in Nanyang with Singapore and Jakarta as the main bases, and the two airlines will form a complementary base, and our base can be shared by the two airlines to promote the common development of the two airlines. ”

These reporters were a little surprised by Wang Junchang's answer, but it was reasonable to think about it.

It is impossible for the Lee consortium to allow the two groups to compete in the Hong Kong market, and this time Cathay Pacific is the majority shareholder of the Singapore consortium, which provides conditions for Cathay Pacific to develop in Singapore and Indonesia.

Just like Lee's two major real estate groups, Wheelock Group and Starlite Property Group have divided the scope of their respective expansions so that the two groups will not compete in the same market.

It's just that Cathay Pacific has been rooted in Xiangjiang for decades, and at this time, it suddenly has to move out of the Xiangjiang market on a large scale, which makes these people suddenly feel a little nostalgic.

At the noon celebration banquet, Kwok Lingming said: "Thank you all for this cooperation with us, we have reached an agreement with our government to build Cathay Pacific Airways' aviation base at Singapore Airport as long as our company applies for it, and I would like to thank Mr. Lee Kong Yu for this." ”

This time, they were able to negotiate with the government so smoothly, in addition to the influence of their major families in Singapore, the influence of the Lee consortium should not be underestimated.

Since Lee Kong Woo has agreed to the invitation of the Prime Minister of Singapore and will visit Singapore next year, which is also more important, this time Cathay Pacific has so many families as shareholders behind it, and the government has not embarrassed them.

Li Guangyu is still quite happy about this, as long as Cathay Pacific can establish an aviation base in Jakarta 931, then the aviation layout in Xiangjiang and Baodao and Southeast Asia will be very perfect, so that Xiangjiang Airlines and Cathay Pacific Airways can occupy the aviation market in Southeast Asia and Xiangjiang and Baodao.

Li Guangyu said: "Guo Sheng, the future development of Cathay Pacific Airways will be a lot for you, and we hope that the aviation base in Jakarta can be built as soon as possible to improve the layout of our airlines in Southeast Asia." ”

Guo Lingming said with a smile: "Li Sheng, please rest assured, we have also made quite good progress in Jakarta, and I estimate that we will be able to get the approval in January at the latest." ”

Guo Lingming is very happy about this time on Cathay Pacific, and they have already cooperated with the Lee consortium in Heung Kong Electric Group and Cathay Pacific Airways. He believes that in the future, the Li consortium and they will be able to cooperate in more industries and companies, so that the relationship between the two consortiums can be closer and promote the common development of both parties.

Now that the strength of the Li Consortium is getting stronger and stronger, several of them do not have the confidence to compete with the Lee's Consortium, so it is more conducive to the development of their enterprises to cooperate in this way and catch the express train of the development of the Lee's Consortium.

Guo Lingming has received instructions from Singapore, asking him to continue to strengthen his ties with the Lee Consortium in Hong Kong, and consider working with the Lee Consortium on some projects to improve their relationship with the Lee Consortium and establish a relatively strong alliance between the two companies.

Lee Kong Yu himself is very happy to be able to strengthen the cooperation with the Singapore consortium, Singapore's geographical location is quite important, it is also the financial center of Nanyang, and the development potential cannot be underestimated, and many of Lee's companies will develop there in the future.

With the friendly cooperative relationship with the Singapore consortium, the expansion of the Lee consortium in Singapore, Malaysia and Indonesia is more convenient, and the obstacles will be much reduced, and the influence of the Singapore consortium in these regions cannot be underestimated.

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