Chapter 91 The Purpose of the Singapore-Malaysia Consortium
We had a very happy meal at noon on New Year's Eve. Chen Xinyi and Chen Yulian also performed very well. They did not show off their faces or quarrel with each other. It can be said that they gave Li Jianhui enough face.
Zhou Pengfei, who was far away in England, did not have time to spend the Spring Festival with his family. He took advantage of the fact that it happened to be Saturday and the stock exchange was closed and flew to the United States.
The fight for the shares of Daoheng Bank held by Irving Trust Company has reached a critical point. Qiu Deba seems to be preparing to seize Daoheng in one fell swoop while Li Jianhui and others are celebrating the Spring Festival.
There are currently three parties competing for the shares of Irving Trust Company. One is Feng Jingyao, who is supported by Bank of East Asia, Xinhui Group, Haojiang Tourism and Entertainment Company and Xinjian Investment Company.
The second party is the Singapore-Malaysia consortium represented by Qiu Teck Puat, including Singapore-Malaysia Bank, Hong Leong Group, United Overseas Bank, Far East Institutions, etc.
The third party is Lanfeng Investment Company. Except for some national forces, few people know that this company is Li Jianhui's industry.
Especially now that Li Chunmei has withdrawn from the company, it has become even more difficult to find out the relationship between Li Jianhui and the company.
Feng Jingyao's fight for Owen Trust Company this time is more to disrupt the attention of the Singapore-Malaysia consortium and make it focus more energy and attention on Xiangjiang, thus creating opportunities for Blue Maple Investment Company.
Although Li Jianhui did not explicitly say that this company belonged to him, Feng Jingyao had already guessed it after meeting Zhou Pengfei.
At that time, Zhou Pengfei also handled business at Daoheng Bank on behalf of Xinjian Company, and Feng Jingyao still remembered this young man very clearly.
Unexpectedly, I haven't seen him for more than half a year. This man has already become famous in England and has become a first-class fund manager. The three funds in his hand have reached 1.5 billion pounds, which is equivalent to more than 16.3 billion Hong Kong dollars. If this were in Hong Kong, it would definitely be a huge amount.
An existence like no tyrant.
The two met in a foreign country. It was already the first day of the Lunar New Year here in Xiangjiang, and it happened to be New Year's Eve here in the United States.
In Feng Jingyao's suite in the hotel, Zhou Pengfei said with a smile: "Sheng Feng, I can't tell you more. If our Lanfeng Investment Company takes over the shares from Irving Trust Company, we will do the same thing as Irving Trust Company. We will just
Responsible for dividend distribution and not management.
And we allow you to repurchase our shares at any time, no matter how much you want.
However, the repurchase price cannot be lower than the purchase price from Irving Trust Company + 12% annual interest.
Although we help, we cannot lose money. The fixed rate of return our fund gives our clients is 12%."
Feng Jingyao is very satisfied with this. He knows his situation. At present, he simply does not have the strength to take all the shares in the hands of Irving Trust Company.
If it is only to acquire 10%, Irving Trust Company will not agree. After all, the difference between whether there is a controlling stake or not is very big.
Either the Irving Trust Company will not be sold at all, or it will be sold entirely and cannot be sold separately.
As for the support of Li Jianhui, Li Guobao and others, it is more of a slogan. Li Jianhui, who acquired the Wheelock Group, still owes more than 600 million Hong Kong dollars in loans.
And it is impossible for Li Guobao to support him with hundreds of millions of funds for no reason. After all, the other party, Bank of East Asia, also has to follow procedures. Besides, Li Guobao is not the only shareholder of Bank of East Asia. As a listed company, it also has to face stock investors, and it is difficult to deal with them.
Bank of East Asia would be a huge hit.
This time he came here, the most important thing was to prevent Qiu Deba from easily getting the shares of Daoheng Bank from Irving Trust Company.
"Zhou Sheng, I'll thank you for the hard work this time. I will try my best to facilitate the transaction between Lanfeng Investment Company and Irving Trust Company."
In another hotel less than a kilometer away from Zhou Pengfei's hotel, Qiu Deba and Huang Zhixiang, the person in charge of Sin Chew Huangjiaxiangjiang and the general manager of Sino Land, were discussing how to get the Owen Trust Company into their hands.
As the eldest son of the Huang family and the pioneer of the Huang family's Xiangjiang industry, Huang Zhixiang has lived in Xiangjiang since 1976 and is responsible for the business of Huang Jiaxinhe Real Estate.
It can be said that he has witnessed Li Jianhui's legendary rise. His speed and momentum have surprised and puzzled countless people.
Especially this time in the battle for Wheelock Group, he never expected that the Singapore-Malaysia Consortium represented by Qiu Teck-ba would lose to Li Jianhui.
You must know that before joining Wheelock Group, he also specially investigated Li Jianhui and made an estimate of his cash flow and possible loans.
As a result, in addition to a loan of HK$300 million from the Bank of East Asia, the other party quietly took out a HK$1 billion and blocked them directly from Wheelock.
This time Feng Jingyao came here, and it was rumored that Li Jianhui, the East Asia Li family, and the Xinhui Group were behind him. They did not dare to take it lightly at all.
In addition, they also learned that a British fund investment company was also interested in Daoheng Bank, and that this company was very powerful and seemed to have the shadow of a British aristocrat behind it.
If they wanted to take down Daoheng Bank, it would not be easy. If Qiu Deba hadn't insisted, Huang Zhixiang wouldn't have wanted to take this trip into troubled waters.
"Zhixiang, I hope you won't mind it when I ask you and Uncle Qiu to come here to a foreign country during the Spring Festival this time.
You may not understand why I insist on biting Li Jianhui, thinking that I am specifically looking for trouble.
In fact, it is not just my opinion about Li Jianhui. Several of our major families in Sin Chau, including the Li family in Sin Chau, are unwilling to see a figure like Li Jianhui rise in Hong Kong.
You should know that our Sin Chew and Xiangjiang have too many similarities, and Li Jianhui's development direction is obviously not in the interests of our Sin Chew.
And you should know the news coming from the north. We want to share a big piece of the cake in the market there. The major families in Xiangjiang will be a stumbling block for us, and Li Jianhui is the biggest one among them.
You have to remember that your father sent you to Xiangjiang to open up the Xiangjiang market, not to make it your home. Your roots are in Xingzhou. Only when Xingzhou develops, can we all develop better."
Huang Zhixiang understood what Qiu Deba meant. Xiangjiang and Xingzhou are both Asian Tigers, with similar development directions and industries. Both sides want to become the financial center of Southeast Asia, and the competition is not small at all.
Originally, all three of the Four Little Dragons were developing the electronics and semiconductor industry in recent years, but Xiangjiang was the only one who remained unmoved, which made Sin Chew's senior executives quite happy.
Unexpectedly, with the emergence of such a weirdo as Li Jianhui, Huihong Game Company took up the banner of Xiangjiang's electronic semiconductor industry in less than two years, and also led many families in Xiangjiang to enter this industry.
There are currently three printed circuit board companies in operation or under construction in Xiangjiang, as many as five monitor display companies, and one memory card R&D company.
Huihong Gaming Company is also communicating with Texas Instruments and is preparing to purchase its chip manufacturing technology, mainly wafer manufacturing technology.
Once it acquires this technology, Huihong Game Company will have the ability to produce chips on its own.
If Li Jianhui is allowed to drive development like this, Xiangjiang will definitely not be lower than them in the semiconductor industry in the future.
From this aspect, it is indeed necessary to interrupt Li Jianhui's development, otherwise it will be difficult for Xingzhou to have an advantage in future competition.