President Mo Yuxuan acted swiftly and resolutely. On the next morning, when the price of Swire shares broke through the support of 12 Hong Kong dollars, facing a desperate situation, the British-funded consortium Swire and his family finally knelt down.
The two parties reached a comprehensive acquisition offer;
Pacific Holdings invested HK$5.2 billion to acquire control of the Swire Group registered in the UK by the Swire family, acquiring a 34% stake in Cathay Pacific, a 32.8% stake in HAECO, and a 33.7% stake in Swire.
The acquisition agreement stipulates that the Schweizer family will hand over more than 100 properties on Hong Kong Island (including shops, rental properties, factory land) and old houses on the top of the mountain, and completely withdraw from the Hong Kong market.
At this point, Pacific Holdings holds 77% of Cathay Pacific Airways, 72.2% of HAECO, and 87.3% of Swire Holdings, taking absolute control.
At its peak, the British-owned Swire Group owned 43.62% of Swire Group. Why was it only left with 33.7% of the shares at the time of the transaction, a difference of almost 10%?
This was due to President Mo Yuxuan's ruthless attacks, which drove the stock price below the lifeline of 12 Hong Kong dollars, forcing the Shuaiya family, which was long in financing, to cut their own flesh and blood to cover their positions.
At this time, almost all the blood was dripping from the cut, and only the skeleton was left.
The reason why the transaction price is so low is because the market value of the three Swire companies has shrunk drastically due to the "supreme decline god" Mr. Yu Chengde taking over. The materials that could have been used to make body clothes can now only be used to sew masks.
Coupled with the fact that Mr. Mo Yuxuan was ruthless and cut him in the middle during the price negotiation, the business empire worth hundreds of billions of Hong Kong dollars was only sold at a cabbage price.
As of now, there is no room for bargaining.
The competition in the capital market has come to an end, and the suffering of the Schweizer family has just begun;
High interest rates on short-term lending and securities financing exceeding tens of billions of Hong Kong dollars are like a cup of poisonous wine that temporarily quenches thirst, burning tens of millions of Hong Kong dollars in high interest rates every day.
The bloody fight in the capital market, leaving a huge hole of billions of Hong Kong dollars in losses, forced the Schweizer family to sell themselves to pay off their debts.
If you don't surrender, there will be only death.
As soon as the news of the acquisition came out, the whole Hong Kong was shocked.
It can be said that the Swire family escaped with a loss of blood. After hundreds of years of accumulation, the strong foundation and countless assets were all given away. Unlike Jardine Matheson and Hutchison Matheson, which retreated with hatred, the Swire Group has completely withered.
With a mere HK$5.2 billion, high-quality assets worth tens of billions of HK$ were obtained. The First World War destroyed the century-old foundation of the Swire Group. Behind this humiliating alliance, there is endless bitterness.
This money is not enough to fill the big hole of blood loss.
Presumably at this time, Schnabe, who has always been arrogant, will regret it and be heartbroken.
This explosive financial news quickly spread to the world through Hong Kong media. World-renowned media quoted relevant reports and interpreted them from their own perspectives;
Reported by Hong Kong's "Ming Pao";
The battle of "13 Life-Chasing Gold Medals" came to an end, and the Wang Group became the final winner.
Reported by Hong Kong’s Oriental Daily;
Newly tycoon Wang Yaocheng harvested British-funded consortium and made tens of billions of Hong Kong dollars in one battle.
Reported by Sing Tao Daily;
Like a strong wind sweeping away fallen leaves, Wang's consortium became famous in one battle.
The Times reported;
The last elegy of the empire on which the sun never sets, the wealthy Chinese boss king takes advantage of the situation to be reborn.
"Yomiuri Shimbun" report;
The reappearance of a disruptor in Hong Kong's financial sector may be an opportunity for Japanese companies.
Reported by South Korea’s Dong-A News;
Returning to Hong Kong Island from the United States, the boss king is making a comeback, and his ancestors have Korean ancestry.
The New York Times reported;
The Nasdaq market suffered a heavy setback, and the boss battles again on Hong Kong Island
27 Lugard Road, The Peak, Victoria Peak
In the elegantly furnished restaurant
Wang Yaocheng was flipping through a thick stack of newspapers in his hand. When he saw the surprising report from South Korea's "East Asia News", he couldn't help but spit out a mouthful of juice and wiped the corners of his mouth with a tissue in embarrassment.
"Fuck, I... ah... sneeze."
He trembled and sneezed, looking at the newspaper stained with juice, he had the urge to hit someone.
I really can't bear it!
"Xiao Dao, come here."
Wang Yaocheng pointed at the newspaper and wiped it with a tissue, revealing the author's name covered by the fruit particles on the newspaper;
"What's the name of this bastard author? Park Soon-chen, the name is pretty good. I'm going to find this bastard author and leave a profound lesson to this reckless guy so that he will never dare to make up nonsense again.
Are you here?"
"I understand, boss, when should I go?"
"You can leave now. I'll give you a week and don't leave any hidden dangers for others to wipe your ass."
"Hey, don't worry, boss."
Wang Yaocheng nodded with satisfaction; "Don't worry about your captain Shanmao. I will tell you that you are taking a temporary leave to leave the team. You only know this and there is no need to tell others."
"clear."
Xiaodao stared at the three words Park Soon-chen, nodded, turned around and left the restaurant.
After acquiring all the assets of the British-owned Swire Group, the direct members of the Swire family returned to the UK with full of physical and mental trauma. They have their own castle estate outside London.
There is only one aftermath team left in Hong Kong to solve a large number of remaining problems. This mess has given them a lot of headaches.
Victoria Peak
This old house located on Victoria Peak has first-class feng shui and scenery. Although the Swire Group has other villas and high-end apartment properties, they are completely incomparable.
Perched on top of the clouds, overlooking all living beings.
What kind of artistic conception is this?
Living on the top of the mountains in Hong Kong, the entire prosperous city expands into a magnificent picture right before your eyes.
The beautiful Victoria Bay area divides the city with high-rise buildings on both sides, as far as the Kwai Chung Pier in the northwest of the port area, and as close as the Star Ferry shuttles back and forth. The Tsing Yi Bridge spans both sides of the bank, and the shadows of boats on the blue sea are like reading on the palm of your hand.
in it.
The mansion on the top of the mountain not only brings luxury enjoyment, but also the sublimation of artistic conception. It is like standing on the terrace and pointing the country. What kind of pride is this?
Especially people who have successful careers, such as Mr. Wang Yaocheng, feel a lot at this moment;
These British guys really know how to enjoy themselves,
The cold wind of early winter was blowing his clothes, and Wang Yaocheng was walking on the terrace. The moist and cold morning mist lingered around him, making his figure hazy and erratic.
Overlooking the wind and clouds of Hong Kong Island, at the end of the line of sight of the green mountains in the far distance, a patch of morning glow reflected the sky red.
At this moment, he could feel the imminence of a realm breakthrough, and a desire to transform into a flying immortal, which seemed to tempt him like a devil.
Damn it!
No wonder the emperors and old men are willing to cultivate immortality and become Taoism. It turns out that this is what it feels like to stand at the top. It's like smoking a big cigarette. A moment of ecstasy brings endless depravity.
Wang Yaocheng gathered his thoughts and walked to the end of the terrace, frowning slightly.
Nos. 28 and 29 Lugard Road next to it blocked the view. In addition to the heroic spirit, it seemed so abrupt in Wang Yaocheng's eyes, which made him feel a little uncomfortable.
This is the expansion brought about by huge wealth. Think about the playboy Michael Kadoorie. In order to have an unobstructed view of his mansion at No. 68 Deep Water Bay, Michael spent 430 million to buy the adjacent Nos. 70 and 72 Deep Water Bay.
and razed it to the ground.
This desire of mine is so similar.
Humph! Don’t tell me that it’s really cool to do this.