"It is better to take advantage of the bravery to chase down the poor bandits, and not to use your reputation as an academic overlord." Wang Yaocheng recited a poem by a great man in a good mood, and greeted President Mo Yuxuan; "Brother Yuxuan, please sit down for a while.
Son, I will listen to your report after I look at the materials."
"Chairman, please excuse me."
Secretary and deputy director Zhao Feng personally served tea. President Mo Yuxuan nodded to express his gratitude. Neither party said a word. Zhao Feng left the study room lightly and took the food with him.
Close the door.
Working under Chairman Wang Yaocheng, everyone in the secretarial department knows the rules.
If you are asked to participate, I will naturally invite you to stay. If you do not express your intention, you must actively avoid it, and you cannot inquire about relevant information, because this is a very taboo matter.
Chairman Wang Yaocheng asked his subordinates to take charge of their own affairs and never allowed them to cross the line and cause trouble. Now the director of the Secretariat Department, Yu Chengde, is actually in charge of the Hong Kong attack on the Swire Group. He may serve as a senior executive of Pacific Holdings, so he cannot interfere with the affairs of other companies.
In the study
There was only the slight sound of Wang Yaocheng flipping through the papers, with a serious and serious look on his face. President Mo Yuxuan sat upright with his back straight, leaving only half of his buttocks on the sofa.
As the territory of the business empire expands, the chairman's majesty becomes even more powerful, making his subordinates naturally nervous.
If your boss is polite to you and you climb up the ladder yourself, that is a low-level mistake only made by rookies in the workplace. President Mo Yuxuan is not so imprudent.
From the report;
As of 9:00 p.m. on January 2, 1994
A total of US$240 million was invested in advance, totaling HK$1.872 billion, and the stock collection of Swire listed companies on the Stock Exchange within three months achieved remarkable results.
It acquired a total of 13.45% equity of Cathay Pacific Airways, 16% equity of HAECO, and 6.2% equity of Swire Pacific.
Through a share exchange agreement worth US$1.92 billion with HSBC, Pacific Holdings acquired a 43% stake in Cathay Pacific Airways, a 33% stake in HAECO, and a 19.2% stake in Swire Pacific, successfully acquiring controlling stakes in Cathay Pacific and HAECO.
Given that Cathay Pacific holds less than 5% of its scattered equity in the market, Pacific Holdings has acquired 43% of Cathay Pacific's equity and 12.5% of CITIC Group's stock voting rights, for a total of 55.5% absolute control, without spending precious funds.
Therefore, the acquisition sniper war on January 2 focused on the two battlefields of HAECO and Swire Holdings.
In the final analysis, through large over-the-counter transactions and market sweeps, Pacific Holdings' shareholding in Port Machinery Engineering increased to 39.4%, surpassing Swire Group's 32.8%, consolidating its position as the largest shareholder.
Holds 37.7% of Swire Group's shares, surpassing Swire Group's 34% stake and becoming the largest shareholder.
The large-scale sweeps cost 2.574 billion Hong Kong dollars, or 330 million U.S. dollars. The reserve funds in the royal family fund account were reduced to 2.07 billion U.S. dollars, and the cash flow is still abundant.
According to the plan,
On January 3rd and January 4th, we will also focus on Swire Holdings, striving to increase the shareholding ratio to a high level of 42% and stabilize the position of the largest shareholder.
Similarly, Cathay Pacific's board of directors will be held on January 3 to select a new chairman and reorganize the board of directors.
The Port Machinery Engineering Board of Directors was held on January 4 to select a new chairman and reorganize the board of directors.
If all goes well, the Swire Pacific board of directors will be held on January 5 to select a new chairman and reorganize the board of directors.
In the structure of the British-funded consortium Swire Group, Swire Holdings is the core asset and has five major businesses;
1. Swire Properties;
Swire Properties is the second largest real estate developer in Hong Kong after Hutchison Whampoa. It has huge land reserves throughout Hong Kong Island, and its assets are spread all over Hong Kong Island.
The amount of land developed also ranks second.
2. Taikoo Beverage;
Swire Beverages has the exclusive rights to manufacture, distribute and promote Coca-Cola products in 11 states in the United States, Hong Kong Island, Taiwan and three mainland provinces. This power comes from
In 1965, the Swire Group acquired the interests in Coca-Cola.
In other words, the Coca-Cola products consumed in the above-mentioned areas, as well as Coca-Cola advertising and promotion, are all the work of Swire Holdings, including Sprite and Diet Coke, Yuquan, Canada Dry, Barq's Ginger Beer, Dr. Pepper, Dasani, EVIAN and a number of others.
A series of energy drinks. This business is highly profitable and has a long history. It is a high-quality asset.
Three, Taikoo Ship;
This is an ocean shipping company registered in the United Kingdom and with representative offices in Hong Kong, Singapore, Indonesia, Papua New Guinea, India and the United States. Its fleet has a total of 17 multi-purpose ships and one Panamax-class bulk carrier. Its liner services are also
An additional twenty-seven multi-purpose vessels are chartered.
Swire Shipping manages liner services serving more than 120 ports around the world and develops diversified dry bulk shipping operations, container and refrigerated shipping services, including capesize shipping and bulk logistics operations.
4. Swire Resources;
Its business includes the retail and wholesale of a variety of sports and leisure shoes, sportswear and casual wear brands, operating more than 200 stores in Hong Kong, Macau and the Mainland.
City, operating mid-to-high-end brand products.
It mainly includes three major retail chain stores: Marathon, gigasports and catalog, which sell a variety of brands of sports and leisure products. Marathon Sports Goods Store has been in business since 1980 and is the largest sports goods retail chain store in Hong Kong.
5. Ancient agriculture;
Swire Agriculture is one of the best-known and most respected tea merchants in the world, with a wide range of businesses ranging from growing tea to producing a variety of tea products.
The company is wholly owned by Swire Pacific Limited and has extensive plantations in East Africa and Sri Lanka. In addition to producing tea products, it is also engaged in global tea trading, tea packaging and tea juice extraction businesses.
The company's plantations in Kenya, Uganda and Sri Lanka produce 50 million kilograms of black tea every year.
Engaged in the global trade of black tea, green tea, instant tea and tea tree essential oil and other tea extracts, as well as the trade of caffeine-free tea in the Middle East, Japan and European and American markets.
Swire Agriculture has packaging businesses in Sri Lanka and the United Kingdom, as well as large tea juice extraction production facilities in East Africa and the mainland, producing different types of specialty products for famous local and international beverage manufacturers.
We provide tea, coffee and specialty teas to internationally renowned chain companies, including British supermarket chain Sainsbury's, French Carrefour supermarket chain, Auchan supermarket chain, American Wal-Mart supermarket chain, etc.
In addition to growing tea, Swire Agricultural Plantations also grows rubber in Sri Lanka and develops commercial timber businesses in East Africa and Sri Lanka.
It operates ranches in Australia and New Zealand, produces wool, leather, beef products and milk, and owns world-renowned brands.
If you carefully examine the business structure of Swire Pacific, you will find a surprising fact;
As a multinational service company with strong production capacity, Swire Pacific's business consists of clothing, shoes and hats, sportswear brands, as well as Coca-Cola, Diet Coke and Snow's famous soda products and functional drinks, plus a full range of agricultural products, including
Coffee, rubber, black tea, green tea and tea essential oil products, as well as milk, beef, wool, leather, etc., are all high-quality products needed by the Carrefour supermarket chain, and the fit between the two parties is very high.
If it can be completely integrated, it will form a giant multinational enterprise with a full industrial chain from agricultural production, product deep processing, transportation to sales, and its market competitiveness will be unparalleled.
This is a perfect merger where one plus one is greater than two. The two companies, Carrefour Supermarkets and Swire Pacific, can be connected almost seamlessly, reducing costs to the greatest extent, simultaneously improving brand reputation, and greatly enhancing market competitiveness.
And this is Wang Yaocheng's ultimate goal in acquiring Swire shares.
He wants to put the entire Carrefour supermarket chain group into the Swire Group, and at the same time fully dilute the British Swire Group's equity during the backdoor listing, he will achieve the goal of completely controlling the entire Swire Group.
Unfortunately, the British Swire Group has worked hard for more than a hundred years, but in the end the sweet fruit was plucked by Wang Yaocheng.
The Chinese tycoon Li Ka-shing acquired Hutchison Whampoa, and the shipping tycoon Pao Yukong acquired Wharf. Due to lack of strength, they could only seize the most dazzling pearls, leaving many industries untouchable, leaving a breathing space for the Jardine Matheson Group and the Hutchison Group.
machine.
Wang Yaocheng is completely different from the former.
The first move is to kill all the descendants of the fish. From the head to the plump body and even the tail of the fish, it is eaten and wiped clean, without leaving any soup for the British Swire Group. It can be said to be the killing of them all.
After the merger and acquisition plan is completed, the Swire Group will bid farewell to the Hong Kong market that has been in business for a century and leave with its money.
Carrefour Supermarket Chain Group will take the first step in market expansion and will set up commercial outlets on a larger scale across the country to seize the opportunity to compete and usher in the best opportunity for take-off.
At the same time, Carrefour can occupy a bridgehead position in Hong Kong, an international metropolis, recruit multinational business talents and accumulate rich experience.
All preparations are made for the next step, to expand to the entire East Asia region in ten years. It is so beautiful that it will make your nose bubble.
Having made up his mind, Wang Yaocheng raised his head and glanced at President Mo Yuxuan. Seeing him sitting upright with only half of his buttocks on the sofa, he couldn't help but laugh and said, "Brother Yuxuan, here I am.
Why is this so? Brothers, there is no need to be restrained. Please explain the specific situation again."
"Okay, our headquarters plans..."
The light in the study room stayed on until 11 o'clock. On this winter night, it was just an inconspicuous light among the countless lights in Hong Kong that were as bright as the stars.
However, the owner of this light stirred up the changes in the entire Hong Kong Island. People in Hong Kong's financial circles all paid attention to this place, and some even had sleepless nights because of it.
The influence of the four major financial groups in Hong Kong was established step by step through this subtle process.
From now on, the fifth largest consortium will emerge in Hong Kong. This is a sunrise enterprise full of unlimited possibilities. It will firmly occupy the c position in the fiercely competitive circle of Hong Kong's top rich and become the new protagonist of this international metropolis. Gorgeous