Chapter 418: The Withdrawal of the Madden Family
After Li Guangyu completed the acquisition of Bao Yugang's shares, he immediately returned to Tianyu Securities Company to inquire about the acquisition in the stock market.
Sun Jianping said: "Li Sheng, in the past few days, we have acquired a total of 11.6% of the shares in the stock market. ”
Li Guangyu is very sure in his heart, plus the 44% of the shares he has acquired, Li Guangyu has completely controlled the Wheelock Group, and this time the voting rights are more than 50%, which is enough to ensure that he controls the Wheelock Group.
At nine o'clock in the morning of the next day, Li Guangyu took Guo Qingya, Zhou Xiaoning and Gan Qin to Wheelock Group.
The front desk obviously knew Li Guangyu and others, but they felt very strange about the arrival of Li Guangyu and a few people, but they didn't think about it for long, Bao Yugang and Zhang Yuliang came here one after another.
Li Guangyu said to the front desk: "You contact Mr. Paul Madden, we need to meet him." ”
After replying to Li Guangyu, the receptionist immediately called Paul Madden's secretary and explained the situation here.
After waiting for a while, the phone rang, and the front desk staff answered it for a while and hung up. said to Li Guangyu: "Li Sheng, Zhang Sheng, Bao Sheng, please come with me, Mr. Madden is waiting for you in the office." ”
When Madden heard the secretary's report that Li Guangyu had come with Zhang Yuliang and Bao Yugang, he knew that things were not good, and he was in a rather bad mood. He had expected that Lee would continue to focus on the Swire Group and the Singapore consortium, which are the two groups that are currently causing him resistance, but he never expected that Lee Guangyu would attack Wheelock.
After Li Guangyu and the others came to Paul Madden's office, Li Guangyu said: "Mr. Madden, I have come to officially take over the Wheelock Group, and our Lee Group currently has a 55.6% stake in the Wheelock Group. ”
No matter what Paul Madden did in his heart, he was very personable on the surface, and he didn't ask Zhang Yuliang and Bao Yugang why they didn't notify him when they sold their shares, he knew very well that these were meaningless, and the Madden family had completely lost control of Wheelock since then.
Paul Madden said: "Mr. Lee, your counterattack is really sharp and calm enough, we all thought that you would continue to fight with the Singapore consortium and the Jardine Matheson Group, but we didn't expect you to attack our group with the weakest strength." ”
Li Guangyu is not waiting for an opportunity, he doesn't want to spend countless financial and human resources, but in the end he can't get the effect he wants, these Li Guangyu will wait for the opportunity in the future to slowly clean up.
Li Guangyu said: "Mr. Madden, it is time for your 100-year era in Xiangjiang to come to an end, and please inform the group to hold a high-level meeting, and our Li Group will officially take over." If you wish, you can serve as the Deputy Chairman of the Board of Directors of the Group. ”
Paul Madden was not interested in this, what was the use of this listed position, the Lee Group had a controlling stake, and the affairs of the group were not up to them.
Now he has a new plan, anyway, his family has lost control of Wheelock, it is better to sell the shares and cash out.
He can be regarded as having seen through the current situation in Xiangjiang, and the British-funded consortium no longer has any advantage here, but has become the target of attack by the Chinese-funded consortium. His family should go to other Commonwealth regions to develop, and the stock market situation in Xiangjiang is not very good, and shipping is even worse, so it happened that Li Guangyu was thrown at this matter.
Paul Madden said: "Mr. Li, I don't know if you are interested in the shares in my hands, I know that if I hold so many shares, you will definitely not feel comfortable in your hearts, and I also plan to end our family's business in Xiangjiang." ”
Li Guangyu originally thought that it would be very difficult for him to kick the Madden family out of the Wheelock Group, after all, the Madden family held 35% of the shares, and if he was bent on causing chaos to the Lee's group, Li Guangyu would be more troublesome.
Li Guangyu said: "Mr. Madden, can you make a decision on behalf of your family? You must know that this is an industry that your family has been running for more than 100 years. ”
Paul Madden said: "Mr. Li, you can rest assured, I am fully capable of making such a decision on behalf of our family, and if I don't have this right, I will not be sent here at this time." ”
As soon as Li Guangyu heard it, he knew that Paul Madden had a very high status in the family, and it was estimated that he had a great say in it, and the Xiangjiang side was only one of the important assets of the Madden family, and they still had a lot of industries in other Commonwealth regions, how could there be only such a Wheelock in the family for more than a hundred years.
Li Guangyu said: "Mr. Madden, then I don't know what you have to ask for the price?"
"Mr. Li, when the stock market plummeted, our family was already considering whether to focus on the development of industries in Xiangjiang, and many people in the family suggested that they should invest their funds in Australia and Canada for the time being, but unfortunately you buried a big hole in the stock market for our family, which made us lose a lot and stalled our plans. Since the loss of Wheelock is a foregone conclusion this time, our family doesn't want to fight with your Chinese-funded consortium anymore, you can just buy Bao Sheng and Zhang Sheng at the same price. ”
It seems that Paul Madden is really leaving, and the asking price for Li Guangyu is not high, you must know that this is the period of the stock market crash, and the market value of Wheelock has shrunk seriously, and the market value on the stock market does not represent the actual market value of Wheelock, but Li Guangyu will not lose a three-layer premium.
Li Guangyu said: "Mr. Madden, I bought Bao Sheng's shares at a three-tier premium to the current market value, are you willing to accept such a price?"
After thinking for a while, Paul Madden agreed to Li Guangyu's price, and it is not easy to find a family to take over his shares, and if the current situation in Xiangjiang is not changed, it is very difficult for the stock market to have a big climb up, so it is better to get cash as soon as possible.
Paul Madden said: "No problem, Mr. Lee, I will ask people to prepare the contract, and at the same time arrange a high-level meeting to wait, and I hope that Wheelock can develop better in your hands." ”
It took more than an hour for Li Guangyu and others to come to the conference room of the Wheelock Group.
The middle and senior management of the Wheelock Group were unaware of this emergency meeting, and asked the people they knew if there was any news.
At the meeting, Paul Romanden said: "I am very familiar with these people next to me, from now on Mr. Lee Kong Yu is the absolute majority shareholder of the Wheelock Group, and my shares with Mr. Pao Yugang and Mr. Zhang Yuliang have been acquired by the Lee Group. ”
Paul Madden's words completely shocked these middle and high-level executives, and there were no rumors that the Lee Group had completed the acquisition of the Wheelock Group, and it seemed that it would be delisted and privatized soon.
Li Guangyu said: "You don't need to be nervous, our Li Group has never planned to change personnel significantly, and please work with peace of mind in their respective positions, and the benefits of our other Li groups will be the same as them." ”
The senior management of the group has not had too many expressions, and the middle-level people are very excited, the salary of the same position in the Li Group is much higher than theirs, and the year-end bonus is much richer than them, and now they can enjoy the same treatment, and they are extremely welcome to Li Guangyu's entry in his heart.
Li Guangyu then announced that Kwok Qingya would assume the position of Chairman and Chief Executive Officer of the Wheelock Group, and Zhou Xiaoning would be temporarily responsible for Wheelock's finances. As for other people's positions, Li Guangyu did not move for the time being, and waited until Guo Qingya became familiar with the situation of the Wheelock Group.
These high-level executives were also slightly relieved to see that Li Guangyu had not removed their positions, and at the same time they were determined to perform well, there are many opportunities on the Li Group's side, and they may be able to go to higher positions in the future.
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