744 tore more violently
Chen Hui didn't speak at the shareholders' meeting, but when he spoke, everyone was shocked, even the centrist shareholders were shocked.
Representatives of Standard Chartered Bank, HSBC, and Bank of America jumped out for the first time!
"Expelle Gobard!"
"Fire Gobald!"
"I agree to change the CEO of DBS Bank!"
"I agree!"
·····
At this time, some small shareholders who had been bullied came out one after another!
A representative of a financial investment institution said: "Yes, I also suggest that the current president Gao Bode be fired!" Their company also holds a lot of shares in DBS Bank, but they have always been bullied by the major shareholders behind Gao Bode in the past, and Gao Bode, as the dog leg of these people, has really hurt their company's profit distribution in DBS Bank!
"I agree!"
"I agree!"
···
At the same time that the minority shareholders stood up, some centrists also stood up and supported the expulsion of Gao Bode!
"I disagree!"
"Mr. Gobald has made such a contribution to DBS Bank, you guys are such a bunch of wolf-hearted things!"
"Don't think I don't know what you're up to!"
"I don't agree either!"
····
Because of their respective camps and their own interests, the shareholders who were originally a little quiet began to quarrel fiercely, and many representatives of Standard Chartered Bank, HSBC, and Bank of America squirted against the Tata consortium of Curry Country, the Lim Group of Bang Country, the Mor. 'G) Chase Bank of the United States, and the representatives of Singapore's sovereign wealth fund!
Some people are throwing water bottles again!
The scene was extremely intense, and some people had already spoken and insulted, leaving their positions to prepare for action!
···
Chen Hui sat on the sidelines, looking at his mobile phone, swiping the screen with his hand from time to time to take a look at a series of vicious ferments in Singapore caused by the bankruptcy of Temasek Holdings.
According to the latest data, Singapore's stock trading volume fell by 12%, and the average daily turnover of the stock market also fell by 12% to S$1.3 billion (about $1.06 billion).
Singapore's Lianhe Zaobao reported that if divided by the country of the company's origin, Singapore companies had the largest transaction value, reaching S$191.1 billion (about 155.4 billion U.S. dollars), while overseas companies other than building companies traded S$104.3 billion (about 84.8 billion U.S. dollars), and building companies were S$26.1 billion (about 21.2 billion U.S. dollars). In terms of industry sectors, the top three sectors in terms of transaction value are financial, industrial, and consumer goods.
In addition, the total market capitalization of the 30 constituents of Singapore's Straits Times Index reached S$509.7 billion (US$414.4 billion), accounting for 56% of the total trading value. The top three stocks by trading volume were Singtel, Olam International and DBS Bank, with market capitalizations of S$40 billion (US$32 billion), S$3.7 billion (US$3 billion) and S$36.2 billion (US$29.4 billion) respectively.
Because Standard Chartered Bank, HSBC, and Bank of America have recently absorbed DBS' shares in the market, DBS Bank's share price has rebounded a lot.
DBS has only 25% of the shares in the market, but 21% has been sold by Standard Chartered, HSBC and Bank of America!
It has become one of the most actively traded stocks recently.
DBS' shareholding has come and gone.
At present, the stock price of Standard Chartered Bank is still in a slump, and its market value is about the same as that of DBS Bank, with a market value of $30 billion, although the size of Standard Chartered Bank is 3 times that of DBS Bank!
But these are not problems, the market value is low, just increase the shares, that market value Chen Hui doesn't care at all now, the lower the better!
··
In this way, the shareholders quarreled for several hours and still did not come out, and now it was already 1 o'clock at noon, when a white young man suddenly got up and said: "Gentlemen, let's have a meal first, there is still time in the afternoon and evening!"
He has also been watching the play, and at this time he was really hungry before speaking, and this group of guys has been arguing for so long and not ending, which really makes him a little impatient.
At the suggestion of the white youth, everyone had to pause, finish lunch, and then continue to argue!
When leaving, the white young man looked at Chen Hui with some provocative eyes.
Chen Hui also noticed that this guy's eyes were a little unkind, and he seemed to be unhappy with himself, so Chen Hui immediately remembered this guy.
··
After leaving the huge conference room, Chen Hui and the others went to dinner, and the afternoon meeting was at 3 o'clock, when the vote for the expulsion of the current president, Gao Bode, began!
Nowadays, everyone has two hours to eat, which is also two hours of time to consider!
When the white youth and a group of assistants were just walking to the place, a representative from Singapore's sovereign wealth fund hurriedly ran over and said, "Mr. Jimmy, is it convenient to eat together?"
The corners of the tall white young man's mouth moved slightly, and he smiled: "Yes!"
"This way, please!"
He is the star trader of Citibank, Jimmy, who made a lot of money last time and gave his department a vacation, and he came out to travel around the world this time, and happened to come to Singapore, and met the DBS shareholders' meeting, so he took the initiative to ask the board of directors of the Citigroup to let him represent the Citigroup at this DBS shareholders' meeting, and Citigroup is the neutral faction at the DBS shareholders' meeting.
Citibank is a bank under the Citi consortium, Jimmy's identity is not ordinary, to participate in this shareholders' meeting, just to brush up on the Citigroup's sense of existence, nothing to find something to do for himself, now he is not doing transactions for the time being, and he has been a little tired from traveling recently, so he came here to attend the shareholders' meeting to see what interesting things happened at the special shareholders' meeting of DBS Bank.
Today he saw a young boy, at the shareholders' meeting said that he would fire the president of Xingxian Gao Bode, which attracted his attention, he has been quietly looking at the kid, that kid is pretending to be high, and he is playing with his mobile phone as if no one is around, swiping the screen, watching many shareholders quarrel, like watching a group of monkeys!
It really makes Jimmy dislike it in his heart, and he hates that guy in his heart!
Soon after, the two began to eat, when the representative of Singapore's sovereign wealth fund said: "Mr. Jimmy, we don't talk in secret, we hope to get the support of your Citi consortium this time!"
He is an assistant to Singapore's sovereign fund, Wai Li, who was sent to attend the shareholders' meeting, and he knows that DBS now has a majority shareholder of Singapore sovereign fund with 8% of the shares, the United States' Mult 'G' Chase Bank holds 10%, Thailand's honey consortium holds 10%, Curry Country's Tata consortium holds 10%, and Bangzi Guolim Group holds 10%!
The Citigroup holds 6% of the shares, and as a centrist, the Citigroup rarely asks about DBS Bank, even though Gao Potor was once the CEO of Citibank Southeast Asia under Citibank, as a Citibank executive, Gao Bode jumped to DBS Bank to get the CEO position, and the Citi Consortium did not vote at that time.
Today, Singapore's sovereign wealth fund holds 8% of the shares, the United States' Morgan 'Geng' Chase Bank holds 10%, Thailand's honey consortium holds 10%, the curry country's Tata consortium holds 10%, and the stick country Lim Group holds 10%, which is 48% of the right to speak!
Originally, he was very happy, HSBC, Standard Chartered Bank, Bank of America, absolutely nothing can be done, because their side has as much as 48% of the voice, as long as they win the support of the other 2%, then they can press Standard Chartered Bank, Bank of America, HSBC these scum!
But today the people of the Honey Consortium did not come to attend the shareholders' meeting, and they contacted the people of the Zheng family of the Honey Consortium and learned that the Honey Consortium had sold 10% of its shares to several companies in Thailand!
Immediately, they were terrified, which meant that their advantage of almost complete victory was hanging, and now they only had the right to speak at 38!
It turns out that HSBC, Standard Chartered, and Bank of America are all well prepared!
Now the shareholding ratio of HSBC, Bank of America, and Standard Chartered Bank is not clear, because these guys are secretly holding shares through various companies, and these large and small companies add up to hundreds, and the shareholding ratio of each company is different, and they have no way of knowing!
They also have no idea how many DBS shares these guys control!
But looking at their group, they dare to do things blatantly and make trouble at the shareholders' meeting, which shows that the shareholding ratio must be very high!
So this time, Winning really hopes that the people of the Citi consortium will stand up and support their side, otherwise DBS Bank is estimated to be changing!
This is something that Singapore's sovereign wealth fund does not want to see! They also use administrative relations to directly suppress these clowns, but Standard Chartered Bank, HSBC, and Heung Kong Consortium are not vegetarians!
The Heung Kong Consortium is now similar to Malaysia's fresh water supplier, and if the Singapore Governor intervenes too much, it may cut off Singapore's fresh water supply directly!
Plus HSBC, Bank of America also put pressure.
So you still have to put things on the table and solve them yourself.
Jimmy took a sip of red wine and said, "Why are we helping you?"
Wei Li immediately explained the powerful relationship, and finally said: "You will not gain anything by helping us, but if you don't help us, we may lose all our interests in DBS Bank, and if DBS Bank is annexed at that time, you will have another huge opponent, and your Citigroup and the California consortium at the head of Bank of America, and the HSBC consortium at the head of HSBC are all hostile relations, so there is no reason why you should not help us!"
"At least you can stop your potential rivals from growing!"
"Like that Standard Chartered bank!
"Xiangjiang Foundation!"
··
Jimmy thought about it and smiled disdainfully, "Actually, these things are all my!"
"However, what you said is still very reasonable, I have to think about this matter first!"
"Let's see if I support you!"
Jimmy himself is not the first in line to the throne of Citigroup, so he needs to think about this matter, and he can't cheapen other competitors!
But he is very tired of the kid who plays with his mobile phone, swipes the screen, has a disdainful smile on the corner of his mouth, and pretends to be forced at the shareholders' meeting!