Chapter 424: Cathay Chaos

On the 7th, Li Guangyu received Du Yuemei's report on negotiations with Thatcher, and Li Guangyu agreed with Du Yuemei's opinion on the acquisition of the Telecom Group at the market price.

At the same time, Li Guangyu transferred $1.5 billion of funds from the finance side to Du Yuemei's side for the acquisition of the telecom group and the later operation.

After this transfer, Li Guangyu's profits in the stock market and the principal of more than 10 billion yuan were only more than 1 billion Hong Kong dollars, and more than 42 billion Hong Kong dollars were spent in just one month.

However, Li Guangyu is not worried, in the past three months, several major groups have provided him with a lot of cash, although affected by the financial crisis, the profits of several major groups such as Xiangyu Group and Xingyu Group have declined, but they still provided him with 4 billion Hong Kong dollars in cash, which is enough for him to need in case of emergency.

Just when Li Guangyu was preparing for the establishment of Heung Kong Airlines, Gan Qin reported to Li Guangyu: "Li Sheng, just now HSBC and Mr. Cao Guangbiao, chairman of Heyongxin Group, held a joint press conference, and HSBC's 30% stake in Cathay Pacific Airways was sold to Yongxin Group at a price of 18 Hong Kong dollars. ”

After Li Guangyu listened, he only felt that HSBC had made a lot of money, and the current market value of the entire Swire Pacific Company was only 8 billion Hong Kong dollars, and as a 70% control of Cathay Pacific Airways' shares, the market value of Swire Pacific Co., Ltd. had a certain increase, but the valuation could not reach 6 billion Hong Kong dollars, which is a joke.

According to this calculation, 70% of the shares of Swire Pacific are worth 4.2 billion Hong Kong dollars, how can its company real estate group, aircraft maintenance company, beverage company, and shipping company be worth such a small amount of money.

At the same time, Li Guangyu was also wondering how Yongxin Group could have so much money to buy HSBC's shares in China Thai Airways during this period. Although he is a tycoon in the textile industry, he can't have so much money to invest in it.

Li Guangyu asked: "Gan Qin, did Mr. Cao Guangbiao buy it alone this time, is there any other news?"

"Li Sheng, this time it is Mr. Cao Guangbiao and Mr. Huo Yingdong and Mr. Hu Yingxiang who jointly acquired the shares, in which Cao Sheng holds 16% of the shares, Huo Sheng holds 8% of the shares, and Hu Sheng holds 6% of the shares. And I heard that Cao Sheng applied to the government to establish an airline, but the government did not approve his application for the time being. Gan Qin replied.

At that time, Li Guangyu was still thinking that after his airline suppressed Cathay Pacific, his company would eat Cathay Pacific to achieve the goal of dominating the Hong Kong market, but it seems that it is impossible now.

Shen Bi is not a man of the year in Xiangjiang, and he moves so fast, and the airlines of the Li Group have not yet appeared, so he sells the shares at a high price.

Li Guangyu asked, "Is there any news from Swire Pacific?"

Gan Qin is also a director of Swire Pacific Limited, where the sale of shares in Cathay Pacific must be met and approved by a two-thirds shareholder. If the Lee Group does not agree to sell Cathay Pacific, Woodon Sydney will not be able to sell his shares in Cathay Pacific.

Gan Qin said: "We have not received any news about this for the time being, Li Sheng, if Swire Pacific wants to sell its shares, what should we do?"

Li Guangyu's own airline has not yet been established, so now Cathay Pacific still needs Swire Pacific to continue to master, and now let others buy Cathay Pacific, and the advantage of Heung Kong Airlines will be gone.

Even if Swire Group wants to transfer its shares, it will take the next step to control Cathay Pacific in its own hands to prevent Hong Kong Airlines from losing some advantages. Li Guangyu is not worried that Cathay Pacific is in the hands of a British-funded consortium, but once those few control Cathay Pacific, Li Guangyu is really not easy to do.

For the sake of the future development of Hong Kong Airlines, Li Guangyu will not let Swire Pacific sell its shares, and if he wants to sell it, he can only buy it himself. Fortunately, as a shareholder of Swire Pacific Limited, Li Guangyu has the right of first refusal, which can directly block others from buying his shares in Cathay Pacific.

Li Guangyu said: "Ganqin, once Swire Pacific holds a board meeting to discuss the issue of Cathay Pacific shares, you will all oppose me. At the same time, let the elite of our law firm look at the terms of the company of Swire Pacific AG, and if the final objection is invalid, we also have the right of first refusal, and we will take the 70% of the shares ourselves. ”

"Okay Li Sheng, I'll arrange it later, do you have any other instructions?" asked Gan Qin.

"You contact our Deputy Chief Financial Officer at Swire Pacific and ask him to go to Cathay Pacific and get in touch with those executives and staff, and it's better to poach them to our airline. In particular, Zhao Wenhua, the deputy general manager of their company, must strive to invite him to our company, and the position of general manager of our side can be done by him. Li Guangyu commanded.

As for the pilots of the airlines, he is ready to poach people in Asia, the Americas and Western Europe, especially some Chinese, and Li Guangyu believes that he offers good remuneration and is willing to jump ship to his company.

As for maintenance, Li Guangyu once again set his sights on the aviation and aircraft maintenance company under Swire Pacific Corporation, which has a lot of talents, and Li Guangyu plans to continue to dig.

Li Guangyu also felt disappointed that he could not control Swire Pacific Limited, otherwise it would not be so troublesome, and at the same time, he also held a grudge against the Singapore consortium, if it weren't for these people, he might have moved into Swire Pacific Limited.

At this time, Woodon Schwyath also received the news that HSBC was selling shares in Cathay Pacific Airways, and from the time Lee Guangyu got government approval to establish the airline, he had the idea of selling his shares in Cathay Pacific Airways.

And this time HSBC sold at such a high price, Wooden Poetry's heart also moved. Now the family is also very short of funds, and by selling their stake in Cathay Pacific, they can also relieve some of the financial pressure.

It's just that considering that the Lee Group holds so many shares of the group and is stuck there, if he wants to get the approval of the board of directors, he is afraid that it will be a little difficult, and he still needs to have some discussions with the Singapore consortium to see how to bypass the restrictions on Lee Guangyu's side.

Thinking of this, Wooden Shi Huaiya immediately contacted Kwok Lingming, the current chairman of Heung Kong Electric Group, and asked him to meet him at the Mandarin Oriental Hotel to discuss Cathay Pacific matters.

As a representative of the Singapore consortium, Guo Lingming is not having a good time here, not to mention that several companies have not gained any income from the acquisition of Xiangjiang Electric Light Group, and they continue to invest 100 million Hong Kong dollars in it for the replacement of the group's aging lines, and this is still the first phase, I don't know what way the Li consortium will continue to think of ways to let themselves and others continue to fill the hole.

Woodon Poetry's proposal also made him excited, if the shares of Cathay Pacific Airways could be sold, then as one of the shareholders of Swire Pacific Limited, they would also be able to recover a lot of cash, enough to support the consumption in the Heung Kong Electric Group.

Guo Lingming is not just thinking about keeping the Xiangjiang Electric Light Group, he also hopes to develop some of the Guo family's industries to the Xiangjiang side, as long as the Xiangjiang Electric Light Group lays a good foundation, he will have the spare energy to expand other industries.

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