Chapter 385: [Partial acquisition-China-Pakistan M&A war 1]
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Chapter 385 [Partial Acquisition-China-Pakistan M&A War 1]
What happened that day did not make it to the police station in the end;
Because in the end, a group of young boys who were drinking about the same were also sober and knew who they were in conflict with, so scared to run away quickly, they had the courage to continue entanglement.
And Huang Dazhong did not continue the fight. It was time to fight. If it really killed someone, it would still have a great impact on the reputation of the boss.
Mainly, I heard from the female bodyguard that the two hostesses were not met, so even if the boss is hot, it is also a sensible fire!
If the two mistresses are taken advantage of, it may be a big deal, and these brothers may not die or be disabled.
There are a lot of people willing to do this kind of thing for the boss!
But said that after Yan Chengkun’s eldest grandson, Yan Junnan, returned home, he was rather scared;
Although I have just returned to Hong Kong, I have also grown up with Wu Guangyao's prestige since he was a child;
Now that he accidentally molested this family member, will he be retaliated?
"Should not, his bodyguard beat him like this, what else would he want? Besides, his grandfather is also number one on Hong Kong Island. Could he still dare to kill himself?" Yan Junnan comforted himself.
A middle-aged lady was surprised at Yan Nan who had just returned: "My son, what's the matter with you? Who beat him, let's go to him, our Yan clan will never give up!"
Yan Junnan quickly dodged, not daring to show the wound to her mother.
"Mom, I didn't hit it. I played a motorcycle with my friends and accidentally fell! Don't worry about it. It's all skin injuries. Nothing at all. Don't make a noise, let people know how embarrassed I am." Yan Junnan The tone is the tone of being spoiled.
Although the middle-aged lady is quite heartbroken, her son's tone is strong, and naturally there is no way to continue to ask.
"Okay, son, you have to be careful! Okay, I won't say much, I'll get you some abrasions." The middle-aged lady immediately shrank when she saw her son's impatient face.
"Remember, don't tell anyone, especially father and grandpa. If they know, they will take care of themselves! Then I might as well go back to the UK. You will see me in trouble later." Yan Junnan threatened himself Said his mother.
"Okay, I see, you have to save face." The middle-aged lady said with heartache and doting.
On the second day, Global Group—Global Terminal Services Company (first-level subsidiary)—Global Freight (second-level subsidiary) formally prepared for the acquisition of China Pakistan.
Global Freight, backed by the strength of Global Terminals, invited former HSBC director Riley and others to form a powerful tank-Yalong (a company formed for the acquisition).
This acquisition is the first time that Wu Guangyao's secondary subsidiary (Global Freight) has opened its fangs. Wu Guangyao personally came to the Yalong meeting room to cheer for everyone.
"The battle will win!"
Encouraged by Wu Guangyao, everyone in the conference room was immediately confident.
Yalon’s general manager Luo Rui, Yalong’s consultant Riley and others all echoed: "The battle will win!"
"Okay, don't worry about me, go on!"
Wu Guangyao stopped speaking after speaking, just planned to listen for a while, and then left!
There is a specialization in the technical industry, and this acquisition is different from the past;
According to the Hong Kong Island Patent Law: If a public utility is a listed company, about 25% or more of the shares must be held by the public to avoid becoming a private organization.
Furthermore, Wu Guangyao means that no matter how much money, as a businessman, he still has to maximize his interests;
It is impossible for every acquisition to be a large sum of money.
Luo Rui took the lead and said: "The founders of CMB, Yan Chengkun and Huang Wangcai, although they are related by marriage, have had a very poor relationship over the years. As a result, the Huang family, who was originally a major shareholder of CMB, has been selling the shares in his hands. Become a major shareholder of CMB. So we currently have three directions: first, to get the defection of the Huang family; second, to acquire the shares of CMB from HSBC, Hutchison and other foreign banks; third, to quietly acquire the public Market shares."
After hearing this, everyone agreed!
The Huang family wants to cash out, isn't Yalong just his best partner?
As for the foreign banks such as HSBC and Hutchison, there will be no less CMB shares in their hands, because there are dozens of listed companies on Hong Kong Island, and these foreign banks may all be mixed up.
This incident also reminded Wu Guangyao that during the low tide on Hong Kong Island from 1966 to 1967, it was necessary to quietly acquire a large number of shares of all listed companies, as well as land and properties on Hong Kong Island.
If you want to acquire someone in the future, you will have a certain foundation on hand.
Riley said: “CMB’s total share capital is 60 million shares, currently worth 0.85 Hong Kong dollars per share; HSBC has about 5% of the stock, and Hutchison also has a certain share. Huang’s share of the stock is the largest, with an estimated share of 16 %. In this way, we already have about 23% of stocks, and Yan's expects to have 25% of stocks."
A management said: "So, our acquisition target is 49%?"
Riley thought for a while, then said:
"It's not safe. If Yan's increase his share to 50% in order to keep CMB, and then touch the threshold that must be fully acquired, it will not be good for us, and the acquisition will also fall short."
"And if we implement all acquisitions, it is obviously not worth the gains; first, the cost is too great; second, CMB will lose the franchise of buses on the island."
"We can implement a'partial acquisition' and set the target at 56% of the shares; although we have touched the threshold of a comprehensive acquisition, we can refuse a comprehensive acquisition; because the public bus service regulations stipulate that CMB must maintain a public shareholding Only those listed companies can obtain operating patents."
"This is a loophole in the government's securities supervision, so we can challenge it."
Wu Guangyao listened and couldn’t help applauding Riley’s strategy!
Indeed, if Yalong really acquired the China Bus Company wholly-owned, then the Hong Kong government might abolish the bus franchise on the island, and there might be competition among multiple buses in the future.
This is obviously extremely unfavorable. The reason why the share prices of KMB and CMB are so high is because they have franchise rights for buses in Kowloon and the island.
Lorry nodded and said, “Well, let’s contact the Huang family first and take down the shares of HSBC and Hutchison.”
In this acquisition, everyone has a sense of victory, although there is no China-Pakistan stock in their hands.
CMB’s full name is ‘China Motor Co., Ltd.’, an established Chinese-owned public utility company; founded in 1933, the founders are Yan Chengkun and Huang Wangcai.
Yan Chengkun, a native of Chaoyang, Guangdong Province, was born in 1900. In his early years, he started with sedan chairmen and then owned a large number of sedan chairs, earning his first pot of gold. In 1930, Yan Chengkun saw the population increase in the urban area of Hong Kong Island and the prosperity of various industries. So he and Huang Wangcai formed a bus service company.
At that time, there were already six bus companies on Hong Kong Island. Among them, CMB founded by Yan Chengkun and Huang Wangcai, KMB and Kai Tak Motors, founded by Tang Shiu Kin and the Lei family, all provided bus services in downtown Kowloon; the three followed similar routes. , The competition is fierce.
So in 1933, the Hong Kong government bid for the franchise of the Kowloon bus service and the local bus service. China Motor Bus and KMB won the franchise of the bus service on the island and Kowloon respectively.
Since then, the transportation industry on Hong Kong Island has formed a situation of "two divisions".
Yan Chengkun is the uncle of the Chaozhou tycoon, and is also a popular celebrity in Hong Kong Island’s political and business circles. In 1955, he was appointed by Governor Ge Lianghong as a member of the Legislative Council. In 1959, he was promoted to the Executive Council, the highest authority of the Hong Kong Island government. Also serves as the Chief Member of the Legislative Council.
During World War II, China and Pakistan suffered heavy losses, all vehicles were destroyed and/or requisitioned, and their business stopped;
After the Second World War, under the helm of Yan Chengkun, CMB’s business strategy was quite aggressive. It continued to purchase buses and factories, and its business grew more rapidly than before. According to statistics, from 1951 to 1966, the number of buses owned by the CMB fleet increased from 151. The number has increased sharply to 490, and the annual passenger capacity has increased from 46 million to 180 million.
CMB resolved the post-war problem of food, clothing, housing and transportation for the citizens of Hong Kong Island and made great contributions; therefore, in 1960, CMB once again obtained the franchise of bus services on the island for a period of 15 years.
In 1962, China and Pakistan listed on Hong Kong Island and became a listed company in accordance with the "Transportation Affairs (Hong Kong Island) Act 1960"; the control rights are in the hands of the Zaoyan and Wong families.
(End of this chapter)
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Chapter 385 [Partial Acquisition-China-Pakistan M&A War 1]
What happened that day did not make it to the police station in the end;
Because in the end, a group of young boys who were drinking about the same were also sober and knew who they were in conflict with, so scared to run away quickly, they had the courage to continue entanglement.
And Huang Dazhong did not continue the fight. It was time to fight. If it really killed someone, it would still have a great impact on the reputation of the boss.
Mainly, I heard from the female bodyguard that the two hostesses were not met, so even if the boss is hot, it is also a sensible fire!
If the two mistresses are taken advantage of, it may be a big deal, and these brothers may not die or be disabled.
There are a lot of people willing to do this kind of thing for the boss!
But said that after Yan Chengkun’s eldest grandson, Yan Junnan, returned home, he was rather scared;
Although I have just returned to Hong Kong, I have also grown up with Wu Guangyao's prestige since he was a child;
Now that he accidentally molested this family member, will he be retaliated?
"Should not, his bodyguard beat him like this, what else would he want? Besides, his grandfather is also number one on Hong Kong Island. Could he still dare to kill himself?" Yan Junnan comforted himself.
A middle-aged lady was surprised at Yan Nan who had just returned: "My son, what's the matter with you? Who beat him, let's go to him, our Yan clan will never give up!"
Yan Junnan quickly dodged, not daring to show the wound to her mother.
"Mom, I didn't hit it. I played a motorcycle with my friends and accidentally fell! Don't worry about it. It's all skin injuries. Nothing at all. Don't make a noise, let people know how embarrassed I am." Yan Junnan The tone is the tone of being spoiled.
Although the middle-aged lady is quite heartbroken, her son's tone is strong, and naturally there is no way to continue to ask.
"Okay, son, you have to be careful! Okay, I won't say much, I'll get you some abrasions." The middle-aged lady immediately shrank when she saw her son's impatient face.
"Remember, don't tell anyone, especially father and grandpa. If they know, they will take care of themselves! Then I might as well go back to the UK. You will see me in trouble later." Yan Junnan threatened himself Said his mother.
"Okay, I see, you have to save face." The middle-aged lady said with heartache and doting.
On the second day, Global Group—Global Terminal Services Company (first-level subsidiary)—Global Freight (second-level subsidiary) formally prepared for the acquisition of China Pakistan.
Global Freight, backed by the strength of Global Terminals, invited former HSBC director Riley and others to form a powerful tank-Yalong (a company formed for the acquisition).
This acquisition is the first time that Wu Guangyao's secondary subsidiary (Global Freight) has opened its fangs. Wu Guangyao personally came to the Yalong meeting room to cheer for everyone.
"The battle will win!"
Encouraged by Wu Guangyao, everyone in the conference room was immediately confident.
Yalon’s general manager Luo Rui, Yalong’s consultant Riley and others all echoed: "The battle will win!"
"Okay, don't worry about me, go on!"
Wu Guangyao stopped speaking after speaking, just planned to listen for a while, and then left!
There is a specialization in the technical industry, and this acquisition is different from the past;
According to the Hong Kong Island Patent Law: If a public utility is a listed company, about 25% or more of the shares must be held by the public to avoid becoming a private organization.
Furthermore, Wu Guangyao means that no matter how much money, as a businessman, he still has to maximize his interests;
It is impossible for every acquisition to be a large sum of money.
Luo Rui took the lead and said: "The founders of CMB, Yan Chengkun and Huang Wangcai, although they are related by marriage, have had a very poor relationship over the years. As a result, the Huang family, who was originally a major shareholder of CMB, has been selling the shares in his hands. Become a major shareholder of CMB. So we currently have three directions: first, to get the defection of the Huang family; second, to acquire the shares of CMB from HSBC, Hutchison and other foreign banks; third, to quietly acquire the public Market shares."
After hearing this, everyone agreed!
The Huang family wants to cash out, isn't Yalong just his best partner?
As for the foreign banks such as HSBC and Hutchison, there will be no less CMB shares in their hands, because there are dozens of listed companies on Hong Kong Island, and these foreign banks may all be mixed up.
This incident also reminded Wu Guangyao that during the low tide on Hong Kong Island from 1966 to 1967, it was necessary to quietly acquire a large number of shares of all listed companies, as well as land and properties on Hong Kong Island.
If you want to acquire someone in the future, you will have a certain foundation on hand.
Riley said: “CMB’s total share capital is 60 million shares, currently worth 0.85 Hong Kong dollars per share; HSBC has about 5% of the stock, and Hutchison also has a certain share. Huang’s share of the stock is the largest, with an estimated share of 16 %. In this way, we already have about 23% of stocks, and Yan's expects to have 25% of stocks."
A management said: "So, our acquisition target is 49%?"
Riley thought for a while, then said:
"It's not safe. If Yan's increase his share to 50% in order to keep CMB, and then touch the threshold that must be fully acquired, it will not be good for us, and the acquisition will also fall short."
"And if we implement all acquisitions, it is obviously not worth the gains; first, the cost is too great; second, CMB will lose the franchise of buses on the island."
"We can implement a'partial acquisition' and set the target at 56% of the shares; although we have touched the threshold of a comprehensive acquisition, we can refuse a comprehensive acquisition; because the public bus service regulations stipulate that CMB must maintain a public shareholding Only those listed companies can obtain operating patents."
"This is a loophole in the government's securities supervision, so we can challenge it."
Wu Guangyao listened and couldn’t help applauding Riley’s strategy!
Indeed, if Yalong really acquired the China Bus Company wholly-owned, then the Hong Kong government might abolish the bus franchise on the island, and there might be competition among multiple buses in the future.
This is obviously extremely unfavorable. The reason why the share prices of KMB and CMB are so high is because they have franchise rights for buses in Kowloon and the island.
Lorry nodded and said, “Well, let’s contact the Huang family first and take down the shares of HSBC and Hutchison.”
In this acquisition, everyone has a sense of victory, although there is no China-Pakistan stock in their hands.
CMB’s full name is ‘China Motor Co., Ltd.’, an established Chinese-owned public utility company; founded in 1933, the founders are Yan Chengkun and Huang Wangcai.
Yan Chengkun, a native of Chaoyang, Guangdong Province, was born in 1900. In his early years, he started with sedan chairmen and then owned a large number of sedan chairs, earning his first pot of gold. In 1930, Yan Chengkun saw the population increase in the urban area of Hong Kong Island and the prosperity of various industries. So he and Huang Wangcai formed a bus service company.
At that time, there were already six bus companies on Hong Kong Island. Among them, CMB founded by Yan Chengkun and Huang Wangcai, KMB and Kai Tak Motors, founded by Tang Shiu Kin and the Lei family, all provided bus services in downtown Kowloon; the three followed similar routes. , The competition is fierce.
So in 1933, the Hong Kong government bid for the franchise of the Kowloon bus service and the local bus service. China Motor Bus and KMB won the franchise of the bus service on the island and Kowloon respectively.
Since then, the transportation industry on Hong Kong Island has formed a situation of "two divisions".
Yan Chengkun is the uncle of the Chaozhou tycoon, and is also a popular celebrity in Hong Kong Island’s political and business circles. In 1955, he was appointed by Governor Ge Lianghong as a member of the Legislative Council. In 1959, he was promoted to the Executive Council, the highest authority of the Hong Kong Island government. Also serves as the Chief Member of the Legislative Council.
During World War II, China and Pakistan suffered heavy losses, all vehicles were destroyed and/or requisitioned, and their business stopped;
After the Second World War, under the helm of Yan Chengkun, CMB’s business strategy was quite aggressive. It continued to purchase buses and factories, and its business grew more rapidly than before. According to statistics, from 1951 to 1966, the number of buses owned by the CMB fleet increased from 151. The number has increased sharply to 490, and the annual passenger capacity has increased from 46 million to 180 million.
CMB resolved the post-war problem of food, clothing, housing and transportation for the citizens of Hong Kong Island and made great contributions; therefore, in 1960, CMB once again obtained the franchise of bus services on the island for a period of 15 years.
In 1962, China and Pakistan listed on Hong Kong Island and became a listed company in accordance with the "Transportation Affairs (Hong Kong Island) Act 1960"; the control rights are in the hands of the Zaoyan and Wong families.
(End of this chapter)
Chapter 385 Partial Acquisition-China-Pakistan M&A War 1What happened that day did not make it to the police station in the end;Because in the end, a group of young boys who were drinking about the same were also sober and knew who they were in conflict with, so scared to run away quickly, they had the courage to continue entanglement.And Huang Dazhong did not continue the fight. It was time to fight. If it really killed someone, it would still have a great impact on the reputation of the boss.Mainly, I heard from the female bodyguard that the two hostesses were not met, so even if the boss is hot, it is also a sensible fire!If the two mistresses are taken advantage of, it may be a big deal, and these brothers may not die or be disabled.There are a lot of people willing to do this kind of thing for the boss!But said that after Yan Chengkun's eldest grandson, Yan Junnan, returned home, he was rather scared;Although I have just returned to Hong Kong, I have also grown up with Wu Guangyao's prestige since he was a child;Now that he accidentally molested this family member, will he be retaliated?"Should not, his bodyguard beat him like this, what else would he want? Besides, his grandfather is also number one on Hong Kong Island. Could he still dare to kill himself?" Yan Junnan comforted himself.A middle-aged lady was surprised at Yan Nan who had just returned: "My son, what's the matter with you? Who beat him, let's go to him, our Yan clan will never give up!"Yan Junnan quickly dodged, not daring to show the wound to her mother."Mom, I didn't hit it. I played a motorcycle with my friends and accidentally fell! Don't worry about it. It's all skin injuries. Nothing at all. Don't make a noise, let people know how embarrassed I am." Yan Junnan The tone is the tone of being spoiled.Although the middle-aged lady is quite heartbroken, her son's tone is strong, and naturally there is no way to continue to ask."Okay, son, you have to be careful! Okay, I won't say much, I'll get you some abrasions." The middle-aged lady immediately shrank when she saw her son's impatient face."Remember, don't tell anyone, especially father and grandpa. If they know, they will take care of themselves! Then I might as well go back to the UK. You will see me in trouble later." Yan Junnan threatened himself Said his mother."Okay, I see, you have to save face." The middle-aged lady said with heartache and doting.On the second day, Global GroupGlobal Terminal Services Company first-level subsidiaryGlobal Freight second-level subsidiary formally prepared for the acquisition of China Pakistan.Global Freight, backed by the strength of Global Terminals, invited former HSBC director Riley and others to form a powerful tank-Yalong a company formed for the acquisition.This acquisition is the first time that Wu Guangyao's secondary subsidiary Global Freight has opened its fangs. Wu Guangyao personally came to the Yalong meeting room to cheer for everyone."The battle will win!"Encouraged by Wu Guangyao, everyone in the conference room was immediately confident.Yalon's general manager Luo Rui, Yalong's consultant Riley and others all echoed: "The battle will win!""Okay, don't worry about me, go on!"Wu Guangyao stopped speaking after speaking, just planned to listen for a while, and then left!There is a specialization in the technical industry, and this acquisition is different from the past;According to the Hong Kong Island Patent Law: If a public utility is a listed company, about 25% or more of the shares must be held by the public to avoid becoming a private organization.Furthermore, Wu Guangyao means that no matter how much money, as a businessman, he still has to maximize his interests;It is impossible for every acquisition to be a large sum of money.Luo Rui took the lead and said: "The founders of CMB, Yan Chengkun and Huang Wangcai, although they are related by marriage, have had a very poor relationship over the years. As a result, the Huang family, who was originally a major shareholder of CMB, has been selling the shares in his hands. Become a major shareholder of CMB. So we currently have three directions: first, to get the defection of the Huang family; second, to acquire the shares of CMB from HSBC, Hutchison and other foreign banks; third, to quietly acquire the public Market shares."After hearing this, everyone agreed!The Huang family wants to cash out, isn't Yalong just his best partner?As for the foreign banks such as HSBC and Hutchison, there will be no less CMB shares in their hands, because there are dozens of listed companies on Hong Kong Island, and these foreign banks may all be mixed up.This incident also reminded Wu Guangyao that during the low tide on Hong Kong Island from 1966 to 1967, it was necessary to quietly acquire a large number of shares of all listed companies, as well as land and properties on Hong Kong Island.If you want to acquire someone in the future, you will have a certain foundation on hand.Riley said: CMB's total share capital is 60 million shares, currently worth 0.85 Hong Kong dollars per share; HSBC has about 5% of the stock, and Hutchison also has a certain share. Huang's share of the stock is the largest, with an estimated share of 16 %. In this way, we already have about 23% of stocks, and Yan's expects to have 25% of stocks."A management said: "So, our acquisition target is 49%?"Riley thought for a while, then said:"It's not safe. If Yan's increase his share to 50% in order to keep CMB, and then touch the threshold that must be fully acquired, it will not be good for us, and the acquisition will also fall short.""And if we implement all acquisitions, it is obviously not worth the gains; first, the cost is too great; second, CMB will lose the franchise of buses on the island.""We can implement a'partial acquisition' and set the target at 56% of the shares; although we have touched the threshold of a comprehensive acquisition, we can refuse a comprehensive acquisition; because the public bus service regulations stipulate that CMB must maintain a public shareholding Only those listed companies can obtain operating patents.""This is a loophole in the government's securities supervision, so we can challenge it."Wu Guangyao listened and couldn't help applauding Riley's strategy!Indeed, if Yalong really acquired the China Bus Company wholly-owned, then the Hong Kong government might abolish the bus franchise on the island, and there might be competition among multiple buses in the future.This is obviously extremely unfavorable. The reason why the share prices of KMB and CMB are so high is because they have franchise rights for buses in Kowloon and the island.Lorry nodded and said, Well, let's contact the Huang family first and take down the shares of HSBC and Hutchison.In this acquisition, everyone has a sense of victory, although there is no China-Pakistan stock in their hands.CMB's full name is China Motor Co., Ltd.', an established Chinese-owned public utility company; founded in 1933, the founders are Yan Chengkun and Huang Wangcai.Yan Chengkun, a native of Chaoyang, Guangdong Province, was born in 1900. In his early years, he started with sedan chairmen and then owned a large number of sedan chairs, earning his first pot of gold. In 1930, Yan Chengkun saw the population increase in the urban area of Hong Kong Island and the prosperity of various industries. So he and Huang Wangcai formed a bus service company.At that time, there were already six bus companies on Hong Kong Island. Among them, CMB founded by Yan Chengkun and Huang Wangcai, KMB and Kai Tak Motors, founded by Tang Shiu Kin and the Lei family, all provided bus services in downtown Kowloon; the three followed similar routes. , The competition is fierce.So in 1933, the Hong Kong government bid for the franchise of the Kowloon bus service and the local bus service. China Motor Bus and KMB won the franchise of the bus service on the island and Kowloon respectively.Since then, the transportation industry on Hong Kong Island has formed a situation of "two divisions".Yan Chengkun is the uncle of the Chaozhou tycoon, and is also a popular celebrity in Hong Kong Island's political and business circles. In 1955, he was appointed by Governor Ge Lianghong as a member of the Legislative Council. In 1959, he was promoted to the Executive Council, the highest authority of the Hong Kong Island government. Also serves as the Chief Member of the Legislative Council.During World War II, China and Pakistan suffered heavy losses, all vehicles were destroyed and/or requisitioned, and their business stopped;After the Second World War, under the helm of Yan Chengkun, CMB's business strategy was quite aggressive. It continued to purchase buses and factories, and its business grew more rapidly than before. According to statistics, from 1951 to 1966, the number of buses owned by the CMB fleet increased from 151. The number has increased sharply to 490, and the annual passenger capacity has increased from 46 million to 180 million.CMB resolved the post-war problem of food, clothing, housing and transportation for the citizens of Hong Kong Island and made great contributions; therefore, in 1960, CMB once again obtained the franchise of bus services on the island for a period of 15 years.In 1962, China and Pakistan listed on Hong Kong Island and became a listed company in accordance with the "Transportation Affairs Hong Kong Island Act 1960"; the control rights are in the hands of the Zaoyan and Wong families.End of this chapter
