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Published at 25th of December 2023 05:19:25 AM


Chapter 234: 【Access to Island Airlines】

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Chapter 234【Access to Island Airlines】

Wu Guangyao thought he could unconsciously acquire 16% of the shares from the minority shareholders of Island Airlines. After all, this company is now an airline on the brink of bankruptcy, and no one wants to continue to hold it.

I don’t think that something went wrong when negotiating with the fourth minority shareholder.

This minority shareholder does not seem to be short of money, and also seems to be short of money;

Because he not only tactfully rejected Wu Guangyao on the spot, but also betrayed Wu Guangyao after turning his head and spread the news to Jardine Matheson.

At this time, Wu Guangyao already has 11% of the shares in his hands. Adding the 35% of the shares in HSBC's hands, he has 46% of the shares of Island Airlines. Although it exceeds the 40% of Jardine's shares, it is far from absolute. The holding is still 5% short.

Because Hong Kong Island Airlines is not listed, Jardine Matheson definitely still occupies a favorable position.

When Wu Guangyao and Sundashi heard the news, they suddenly felt that the minority shareholder was really difficult;

Because the two planned to take advantage of Jardine’s failure to respond, they immediately continued to sign the share transfer agreement with other minority shareholders. As a result, the minority shareholder not only notified Jardine Matheson, but also all other minority shareholders and asked others to wait for the shares in their hands. Increase the price, don't sell it yet.

"What is his purpose?" Wu Guangyao suppressed his anger at this time and asked Sandus.

Sundars pondered for a moment, and suddenly excited, and then said: "He wants to raise the price. If he is just befriending Jardine, he does not need to notify other minority shareholders at all. Therefore, he wants to raise the price and sell the shares in his hands, it is best. Jardine also joined this acquisition, making Island Airlines more valuable."

Wu Guangyao listened, and finally couldn’t help cursing: “TMD, it’s such a broken airline, he is not greedy enough!”

Just as the two conspired, Jardine Matheson also began to shout to the shareholders, asking everyone not to sell the shares in their hands, but to find out the cause of the matter first.

There is a saying on Hong Kong Island, "First there is Jardine, then Hong Kong Island." It means that Jardine International has existed on Hong Kong Island before it opened a port on Hong Kong Island.

It is also said that the Jockey Club, Jardine Matheson, HSBC, and the Governor dominate Hong Kong Island. Let alone the Jockey Club, it is a loose organization, but Jardine Matheson ranks ahead of HSBC and the Governor. This shows his Influence and power.

Of course, this may be the case, the governor is naturally the governor in terms of status!

Jihe Foreign Bank has suffered huge losses in the mainland in recent years. Because of the Korean War, Shanghai officials confiscated all of Jardine's mainland assets;

According to statistics, there are about 10 million pounds to 30 million pounds, which can be described as a heavy loss.

So, the Yihe at this time is considered a weak state; of course, it refers to the financial situation.

John Keswick is the current chief executive of Jardine Matheson. When he heard that Wu Guangyao took Sandus and quietly acquired shares of Island Airlines, his first thought was that HSBC wanted to dominate Island Airlines.

You can think about it again, it's not right!

HSBC wants to dominate Hong Kong Island Airlines. It will be proposed three years ago, and it will never wait until now.

Three years ago, when the British Airways Overseas Development Company withdrew from Island Airlines, it had 45% of the shares in its hands, while HSBC only acquired 35% of the shares.

At that time, I didn’t want to dominate Hong Kong Island Airlines, and naturally I don’t want to do it now!

Is it possible that Chinese businessman Wu Guangyao wants to acquire Island Airlines?

After all, the relationship between Wu Guangyao and Sandus is well known to Hong Kong people.

John Keswick wants to understand!

Soon, John Keswick decided to go to the HSBC executive first and decided to stabilize HSBC first;

John Keswick did not believe that HSBC would help Wu Guangyao, and chose to give a knife to the British-owned Jardine Matheson.

Sure enough, in the Taipan office of HSBC headquarters, Taipan Guy agreed on the spot that he would not sell his shares to Wu Guangyao, and said he would warn Sundars not to participate in it.

Now, John Keswick, the chief executive of Jardine International, can rest assured!

As long as the shares held by HSBC are not transferred, how can Wu Guangyao dominate Hong Kong Island Airlines?

Even though the life of Jardine Matheson has been difficult in the past few years, and the business situation of Island Airlines is also very bad, Jardine Matheson does not want Chinese businessmen to dominate Island Airlines.

Even if you want to sell it, you have to buy it to Swire Pacific. This is the best choice.

The Chinese are Chinese after all, how can they be in the same mind with the English? Keswick thought to himself.

HSBC Bank Chief Guy called Sandus and asked what happened.

"Sendus, although HSBC supports Wu Guangyao, a Chinese businessman, it must not do anything to harm British capital. Therefore, please stop participating in Island Airlines matters immediately. The shares of Island Airlines held by HSBC Bank, also It will not be sold to a Chinese businessman.” Guy said solemnly. After all, if the shares were sold to Wu Guangyao, HSBC would inevitably face various pressures.

Sundus heard it, and naturally knew that Keswick had already found his boss.

But Sundars is not in a hurry, because Taipan still doesn’t know what a good thing is and is waiting for HSBC.

"Taipan, Jardine Matheson has been operating Island Airlines for three years, and it has left the company in a mess. Sooner or later, it will close down or be acquired by Swire."

"I know this too, but have you ever thought that if we hate Jardine International for Wu Guangyao, we will face all kinds of accusations."

"Taipan, this is business, and business only talks about profit. Do you know what conditions Wu Guangyao offers for the shares in our hands?"

"Tell me?"

Guy saw that Sundars has not repented until now, and he suddenly became curious. After all, after many years of colleagues, he naturally knows that Sundars is a person who is by no means the kind of person who disregards the interests of HSBC.

"That is the shares of Global Shipping. We can convert the 35% of Island Air’s shares into 2% of Global Shipping’s shares. At the same time, HSBC can choose to invest in Global Shipping with cash up to 20%."

Guy stood up excitedly when he heard it.

The value of global shipping is clear to HSBC, and it is impossible to say that it is not jealous.

Now you can actually choose to invest in shares, which is simply a good thing!

After being excited, Guy calmed down, and then asked Sandus about the specific operation of the acquisition.

Wu Guangyao is considering how high the price should be before collecting the remaining 5% of the shares.

At this time, the remaining 5 minority shareholders still have 14% of the shares in their hands, so the opportunity is very great.

As long as the two shareholders sell to themselves, they will collect 16% of the shares, plus HSBC’s 35%, and they will have the absolute power of Island Airlines.

While Wu Guangyao was thinking about it in the Global Shipping Office, an unexpected guest came, and that was Jardine Taipan Keswick.

The two were polite and pretended, and Keswick said, "Mr. Wu, are you trying to develop the aviation industry?"

This is temptation, it goes without saying!

How many shares do I have, and I am still developing the aviation industry!

"Mr. Keswick is misunderstood. I just think the prospects of Island Airlines are pretty good, so I want to invest a little bit!"

"Oh really! Mr. Wu, if you want to become a host of Island Airlines, I am afraid that there is no chance, because we, Jardine Matheson, already owns 51% of the shares. Of course, if you just want to become a shareholder, then we welcome it. We can discuss together how to develop Hong Kong Island Airlines."

Wu Guangyao listened to Keswick’s words and felt cold. Could it be that Jardine Matheson has acquired the shares of other minority shareholders?

Think about it carefully, and find it impossible. It is impossible for these small shareholders to hand over their shares so quickly, after all, they need to make a price!

"Mr. Keswick, I have no intention of leading Island Airlines. After all, Jardine Matheson and HSBC Bank hold most of the shares. I don’t have any chance. Of course, I don’t understand the management aspect. I am just pure I want to be a shareholder." Wu Guangyao said with a blushing face.

When Keswick heard this, the big stone in his heart was put aside a little, think about it, as long as HSBC does not transfer shares to this Chinese businessman, then he will not be able to dominate Hong Kong Island Airlines at all.

The two chatted for a while, and Keswick left. The scene was once quite harmonious!

After Keswick left, Wu Guangyao fell into deep thought, thinking about what to do next.

In the morning of the next day, Wu Guangyao sent someone to contact the remaining five minority shareholders (except whistleblowers), and told them that he only needs 5% of Island Air’s shares, not the excess; and the price is increased by one. Doubly point, the price of every 1% of the shares is 80,000 US dollars, and I only wait 24 hours, and I will give up the acquisition when it is out of date.

Wu Guangyao is not intimidating, but really intends to give up.

To put it plainly, Hong Kong Island Airlines may not be able to develop, even in its own hands;

I want to acquire Island Airlines, purely for a gamble. Anyway, I have suffered a loss.

【In 1954, British Overseas Airlines entered Hong Kong Airlines again and purchased two brand-new Vickers Viscount airliners, determined to innovate. Hong Kong Airlines added Seoul and Tokyo routes and reopened Manila routes, but still failed to get rid of its losses. In 1958, Cathay Pacific, a subsidiary of Swire Pacific, acquired Hong Kong Airlines and merged into it. In 1959, the original license was handed over. 】

Wu Guangyao believes that the historical failure of Island Airlines must be because it cannot compete with these routes opened by European and American airlines (non-local airlines).

So as a traverser, can you have more experience in operation and service?

Wu Guangyao remembers that Cathay Pacific was at a disadvantage in the beginning of the competition from European and American airlines; then, in order to attract Asian customers, Cathay Pacific replaced the company’s Hong Kong Island features with a wide range of Asian styles; for example, flight attendants selected from Asian countries, in terms of language and life. Customs cater to the preferences of travelers from all over the world.

In the afternoon of the same day, Wu Guangyao received two minority shareholders in the office, signed a share transfer agreement on the spot, and obtained 6% of the shares of Island Airlines.

"Please keep the two secrets for now!" Wu Guangyao exhorted before leaving.

"certainly!"

Holding 17% of the shares of Island Airlines, Wu Guangyao breathed a sigh of relief, and it was time to meet the HSBC taipan.

【PS: Students who are still watching piracy, come to the starting point and get a full order for this book! You usually look at the anchor for a few moments, and then you are willing to spend a lot of money; the author stays up late for four months in a row until one in the morning to please you. Isn't it worth 20 yuan? 】

HSBC Building, Taipan Office.

"Mr. Wu, we at HSBC have different opinions on the valuation of Global Shipping! The value of Global Shipping is only about 65 million US dollars. After all, the lifespan of some ships should be only five to ten years." Gay did not. Talking about Hong Kong Island Airlines, but first talking about global shipping, is obviously putting pressure on Wu Guangyao.

Cut off the valuation of US$5 million in Global Shipping. This old man is really ruthless!

"Taipan is joking. Although the life of the ship has been reduced, the business model, talent pool, and company reputation of Global Shipping are all invisible assets. I believe that HSBC, investing in Global Shipping is not just about profit, but also very important. Value the soft power of global shipping!" Wu Guangyao said gently.

HSBC has earned almost US$18 million in interest on Wu Guangyao in recent years;

To put it bluntly, taking a 20% stake in Global Shipping is equivalent to giving them away for nothing.

Of course, you can’t say the same thing. Without HSBC, you would never develop so fast, and you wouldn’t even have a troublemaker.

HSBC not only provided funds for its own development, but also used its own influence to prevent foreigners who looked at Wu Guangyao from acting rashly.

After all, Wu Guangyao has fallen, and their money has been lost!

No wonder later generations say that those creditors who owe a lot of money to the bank will have people from the bank come to visit during the holidays.

In the end, both parties stepped back and set the valuation of Global Shipping at US$68 million.

The following matters of Island Airlines will naturally go smoother;

Wu Guangyao's Global Holdings Company took over 35% of the shares of Island Airlines in HSBC for US$1.4 million.

The two parties also decided to invite the media on Hong Kong Island to witness their cooperation!

Xie Cai, I wanted to publish chapters regularly, but I didn’t expect to order one to publish in time!

I changed 11,000 words today!

(End of this chapter)




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