867 UOB suspended trading, ready to raise US$10 billion in targeted financing!

Chen Hui listened carefully to the conversation between the Huang father and son, his brows furrowed, that Huang Yizhong actually dared to scold himself, and he heard it, it was really unforgivable!

"Huang Yizhong, this stupid pig, didn't know that UOB's acquisition of Wing Hang Bank had increased my shareholding by another 12%!"

Thinking that that old thing Huang Zuyao was so witty, it really deserved its name!

He actually thought of using the suspension of trading to prevent his stock market from absorbing UOB's shares, and even wanted to introduce all his rivals into UOB and become shareholders of UOB, so as to dilute his shares!

"Singapore's sovereign funds, Citigroup, Tata consortium, Mo'geng Chase, UBS, Credit Suisse, Goldman Sachs, tsk, this is a good deck of cards!"

"In order to prevent Standard Chartered Bank from annexing UOB, these guys must fully support the Huang family's position in UOB!"

"The Wong family watched themselves fight with Singapore's sovereign wealth fund, Citigroup, Tata consortium, Morgan 'G' Chase, UBS, Credit Suisse, and Goldman Sachs, just to fish in troubled waters and ensure that the Wong family has always controlled the main management and operation rights of UOB!

"Then the Ng family will continue to benefit the family's private business through UOB!"

"Fortunately, I had the agents of the Shatian Group install a lot of bugs at the UOB headquarters, otherwise it would have been possible for this old guy to succeed!"

After thinking about it, Chen Hui also made a few calls!

···

The next morning, UOB announced that it was temporarily suspending trading in the stock market due to a money laundering scandal, and at this moment Huang Hongnian and others from the securities investment department of Standard Chartered Bank were very shocked to see the news.

Unexpectedly, UOB announced a temporary suspension of trading.

Huang Hongnian and others absorb UOB shares in the stock market through public shareholders or financial intermediaries, and even if these shares are bought, they are still tradable shares and circulate in the market!

They are not blindly absorbed, and occasionally buy and sell each other in their respective accounts, playing the trick of changing left hand for right hand!

They were surprised that they only needed to absorb another 4% stake in UOB in the market today, and they could complete this task.

Suddenly Huang Hongnian and others had nothing to do!

No matter how good the routine is, it can't withstand the suspension of UOB!

Huang Hongnian slammed the table and said angrily: "Damn!!"

It's almost time to successfully complete this mission, thinking that he Huang Hongnian has been in the stock market for many years, but he didn't think that he would encounter this file today!

He thought about it again and said secretly: "It should have been discovered by Huang Zuyao!"

At this time, several operators said: "Mr. Huang, what should we do now?"

"Mr. Wong, now that UOB has announced the suspension of trading, what should we do next?"

Huang Hongnian hesitated for a moment and said, "You send someone to talk about the news on the Internet..."

"I don't care what channel you go through..."

"Anyway, do whatever you can to buy me a stake in UOB!"

··

Saying that, Huang Hongnian hurriedly left Standard Chartered Bank and rushed to Chen Hui's Sentosa Shengtao Bay Seaview Villa.

··

At the UOB headquarters, Wong Yi Chung has been talking with representatives of Singapore's sovereign wealth fund, Citigroup, Tata consortium, Mult 'Geng' Chase, UBS, Credit Suisse and Goldman Sachs for a whole morning.

They contacted these people last night, and they all stated that they would support their Wong family to continue to manage and run UOB at the shareholders' meeting!

This time, Singapore's sovereign wealth fund, Citigroup, Tata consortium, Mo'Geng' Chase Bank, UBS Group, Credit Suisse Bank, and Goldman Sachs Bank heard that Standard Chartered Bank was going to annex UOB, and they immediately ran to stop it!

They can't stand Standard Chartered continuing to expand in Southeast Asia, because it seriously hurts their interests in Southeast Asia!

In short, Standard Chartered must not be allowed to swallow UOB too!

Previously, Standard Chartered Bank snatched DBS Bank alive from them, which is simply something they can't tolerate!

Saying anything this time won't let Standard Chartered succeed!

At this time, the representative of Singapore, Wei Li, said: "Mr. Wong, your idea is indeed good, but after we enter the board of directors, we need a large degree of management and operation rights of UOB!"

Now DBS Bank has been swallowed up by Standard Chartered Bank, and Zhang Xiaolei has carried out an internal purge of DBS Bank's top management, and countless DBS Bank executives have suffered!

Now the merger between DBS Bank and Standard Chartered Bank is underway, but DBS CEO Gao Bode has been fired by Zhang Xiaolei through the board of directors!

Their Singapore sovereign fund has completely lost DBS Bank, and DBS Bank is now lending to companies under the Singapore Sovereign Fund!

Now, their Singapore sovereign fund needs another bank to continue to serve the major companies in which they have a stake in the Singapore sovereign fund or the technology companies that are being incubated.

Huang Yizhong immediately smiled and said, "Mr. Wei, of course there is no problem with this!"

"I believe we will have a great time working together!"

After talking all morning, everyone is now facing the fierce rival of Standard Chartered Bank, and naturally they will be the enemy!

This time, UOB is ready to raise US$10 billion in targeted financing!

Of the $10 billion, Singapore's sovereign wealth fund contributed $2 billion, Citigroup, Tata consortium, Mult 'Geng' Chase, UBS, Credit Suisse, and Goldman Sachs each contributed $1.5 billion!

This time, UOB's targeted financing of US$10 billion will dilute the shares of UOB held by the Huang family by about 13%!

Singapore's sovereign wealth fund will invest US$2 billion to get a 5.4% stake in UOB, Citigroup, Tata Consortium, Mo'G Chase Bank, UBS, Credit Suisse Bank, and Goldman Sachs Bank will each get a 4% stake in UOB!

The new shareholders of UOB will hold 29.4% of the shares

Counting the 13% of their Huang family, plus the die-hard supporters of the Huang family, then the right to speak will be as high as 58.5%

The Huang family previously had 40% of the voice in UOB, and if they raised $10 billion, these voices would be diluted to 29.1%, but with the 29.4% voice of these new major shareholders of UOB, they could completely beat the acquisition of Standard Chartered Bank at that time!

As long as the Huang family insists on being the opponent of Standard Chartered Bank, then Singapore Sovereign, Citigroup, Tata Consortium, Mo'G Chase Bank, UBS, Credit Suisse Bank, and Goldman Sachs Bank will support their Huang family at the shareholders' meeting!

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