465 [End of the era of the Four Great Oceans]
Looking for loans from Citibank and Royal Bank of Scotland is not particularly wishy-washy, Citibank is also a branch in Hong Kong, although it is not as well-known as HSBC and Standard Chartered on Hong Kong Island, but it is also a small bank.
Because Citibank has a branch in Hong Kong, and Citi's business in the Asia-Pacific region has not been very ideal in recent years, the U.S. headquarters discussed it, and with the dredging of Bantan Books, Citibank agreed to the conditions that the Hong Kong branch would give Fok Yaowen a low-interest loan.
The Royal Bank of Scotland is a bit troublesome, they have no branch in Hong Kong, and they do not have any business in the Asia-Pacific region, and they are only developing in Europe.
After they figured out the situation and after some discussion, they finally decided to send a representative to Hong Kong to give Hutchison a loan, which can be regarded as paving the way for Hong Kong in advance and seeking a preliminary cooperation for entering the Asia-Pacific region in the future.
After the bank loan was settled, Qi Dezun also announced at the board meeting on Monday that someone wanted to take a stake in Hutchison & Co., and brought in the news of the loan, and the board members thought it was HSBC, but when they heard that it was not, they were all surprised.
But on second thought, no matter who lives in Hutchison & Co., it doesn't matter to the current board members, as long as that person can bring in funds to solve Hutchison's predicament.
Therefore, when Qi Dezun announced that Huanyu Company would take a stake in Hutchison & Co., most of them nodded in agreement, except for a few members who favored HSBC.
After Qi Dezun got the board of directors, Huo Yaowen was not idle, he asked David to set up a new company in Hong Kong with the name of Huanyu, and then used the newly opened Huanyu Company to initiate the acquisition of Hutchison foreign company shares.
It took almost four or five days for Qi Dezun to get the entire board of directors, and Huo Yaowen also took his lawyer to sign the acquisition contract, and successfully won 33% of the shares of Hutchison at a price of 190 million.
Although this matter was carried out in secret from beginning to end and was not announced to the public, some people still revealed the members of the board of directors of Hutchison & Co.
……
HSBC.
At the board meeting, someone asked, "What's going on?" Why did Hutchison & Co. suddenly sell its shares to this global company when we had a good talk with us?"
"What is the origin of this Universal Company, why have I never heard of it before?"
"I don't know, I haven't heard of any Universal Corporation. ”
Listening to the directors' complaints, General Manager Shen Bi frowned and said, "It may be that Qi Dezun was dissatisfied with the removal of his chairman and seat on the board of directors after we became a shareholder of Hutchison, so he privately contacted others." ”
The representative of the board of directors of Jardine Matheson looked at Shen Bi and asked suspiciously: "I have known about Qi Dezun's private contact with other people for a long time, but the Huanyu company he is looking for is sure that it has the ability to save Hutchison & Co."
"I don't know if Huanyu has the strength to do so. Shen Bi shook his head and continued: "But I know that people from Citibank have contacted Hutchison & Co. recently, and I have definite news that the Royal Bank of Scotland of the United Kingdom has also sent people to Hong Kong to contact Hutchison & Co. ”
"Royal Bank of Scotland?!"
As soon as they heard this name, the directors all frowned, although Citibank is an American bank, but it has a branch in Hong Kong, and it is possible to contact Hutchison Foreign Bank to give them loans, but the Royal Bank of Scotland has been exploring the market in Europe, and they don't have any business in Hong Kong, could it be that the Royal Bank wants to meddle in the Hong Kong business? !
Shen Bi said: "I asked a director of Hutchison & Co., and he said that both banks were contacted by Universal Company. ”
"Then this Huanyu company is a foreign company?"
"Probably not, I sent someone to investigate, Huanyu is registered in Hong Kong, and the company's legal person is also a Hong Kong national. ”
"Who!"
"Huo Yaowen. ”
When Shen Bi reported this name, some people were surprised, some people were confused, and more people couldn't believe it.
Bao Yugang, who had been sitting in the seat and had not spoken, was also slightly stunned when he suddenly heard this name, as the only Chinese director on the board of directors of HSBC, he naturally knew who Huo Yaowen was better than everyone present!
A very talented writer and philanthropist, when Huo Yaowen held a charity dinner a few years ago, he was invited by Zhou Xinian, and Bao Yugang was also present to participate.
Although he had met him a few years ago, hearing the name, Bao Yugang still remembered the personable and handsome young man. The other party's talent is undoubted, but he never expected that Huo Yaowen would be able to preemptively acquire the shares of Hutchison from HSBC!
This made him curious about this young man.
……
Early September.
After successfully acquiring the shares of Hutchison & Co., Fok Yaowen had several private contacts with several minority shareholders and held a board meeting in the name of the major shareholder of Huanyu on Monday.
At this meeting, Qi Dezun consciously resigned as chairman of the board of directors.
And Huo Yaowen also reciprocated, and with the previously agreed conditions, after he was successfully elected chairman of the board of directors, he gave Qi Dezun the title of honorary chairman.
This series of actions also made the directors understand that this must be the result of the new chairman and Qi Dezun's discussion.
Huo Yaowen looked at the reaction of the board of directors at the scene, it seemed that he had expected it, and he didn't pay attention to it, but looked at Pete, the general manager of Hutchison, "Pete, tell the directors about the current situation of the company." ”
"Yes. The general manager, Pi Ling, nodded, got up and said: "Up to now, our company still has a debt of 745 million yuan, and in addition to the Hutchison port container business has been profitable, whether it is hotels, real estate, finance, docks, pharmaceuticals and other aspects have suffered serious losses......
In addition to the real estate industry, there are also port container terminals, as well as hotels, finance, Whampoa docks, and Watsons Pharmacy.
It's just that many subsidiaries are currently in a state of poor earnings and have been in a state of loss, and the hundreds of millions of debts owed are almost all caused by these companies.
After Pete finished talking about the company's current situation, Huo Yaowen waved his hand to signal him to sit down, and said: "Since everyone knows the company's current situation, then I won't talk nonsense, I don't want to do charity when I take a stake in Hutchison Foreign Bank, and now although I have loans from Royal Bank and Citibank, which can help Hutchison relieve the pressure in the recent period, this is only a symptom rather than a cure, so I think it's time to give the company a major operation." ”
……
In the blink of an eye, half a month passed.
Hong Kong citizens who used to live a busy life in the past were shocked by a shocking news in the newspaper!
"Hutchison & Co., one of the four major foreign companies that has not been in good shape in recent years, has welcomed a new shareholder. ”
"Chinese Capital Universal Co., Ltd. successfully acquired 30% of the shares of Hutchison & Co., becoming the largest shareholder of Hutchison & Co."
"Shocked! The boss of Huanyu Company is actually him!"
"Fok Yiu-man successfully became the largest shareholder of Hutchison & Co., and was appointed as the chairman of the board of directors of Hutchison & Co., which is the first time that Chinese capital has acquired a British-funded foreign firm since the opening of Hong Kong!"
"Hong Kong Centennial Dockyard Whampoa Company was officially merged into Hutchison!
"The era of the four major foreign companies that once dominated Hong Kong for a hundred years may become a thing of the past from Fok Yiuwen's stake in Hutchison Whampoa!"
"Huo Yaowen completely ended the era of monopolizing the four major foreign companies in Hong Kong!"
...