v3 Chapter 969： Toss the Kadoorie family

(there are no symbols at the end of the previous chapter, well-organized should be changed to "well-organized", the semantics should be opposite, see later for specific reasons)

After sitting down, Xia Yu asked directly: "Is it the Kadoorie family that did anything?"

He remembers that the Kadoorie family still owns 34% of the shares of China Light and Power Company, and his cumulative shareholding has reached 62.4%.

Except for him and the Kadoorie family, the other tradable equity is only about 3.6%.

The CLP Power Company’s status as a listed company has existed in name only.

It’s just because Xia Yu’s shareholding has been dispersed, it is difficult to define, and these companies of Xia Yu are not original shareholders, so they are not qualified to ban the listed company of China Power Corporation.

The reason why Xia Yu chose not to delist is that Xia Yu has a deeper consideration, that is, to use the status of a listed company to make things happen, and to reduce the difficulty of acquiring the shares of the Kadoorie family.

Because the Kadoorie family holds 34% of the shares of China Power Corporation, and they are not willing to let go, there is a lot of attitude not to let Xia Yu do what he wants.

Therefore, no matter how hard Xia Yu works, he cannot increase his shareholding ratio to more than two-thirds. Therefore, Xia Yu cannot cover the board of directors with one hand. Many methods to dilute the Kadoorie family shareholding ratio are not available.

Because the Kadoorie family owns a veto power on the board of directors with a 34% shareholding ratio.

So when it comes to the company's critical survival or major issues, as long as it needs to be discussed by the board of directors, the Kadoorie family can get stuck.

However, the Kadoorie family was able to barely maintain the final face when the board of directors made a resolution, but failed again and again in other aspects.

For example, the general meeting of shareholders has been controlled by Xia Yu.

controlled the general meeting of shareholders, Roland Kadoorie was directly kicked from the position of chairman, and all nominations of the Kadoorie family were rejected in the appointment of the chairman and vice chairman.

Of course, because Xia Yu's side also accounts for less than two-thirds of the board seats, Xia Yu's side is only dominant and cannot be determined in one word. As a result, the position of chairman has been vacant.

The board of supervisors is also controlled by Xia Yu.

To sum up.

After Xia Yu acquired China Power Corporation, the internal struggle of China Power Corporation never stopped. Zhao Bo directly used Qishang Fist to replace the injury with the injury according to Xia Yu's instructions, making the Kadoorie family miserable.

Facing Xia Yu’s question, Zhao Bo nodded and said, “Yes, the Kadoorie family can’t hold on anymore. I think they have a high probability of quitting China Power Corporation.”

Xia Yu suddenly became interested: "Tell me the details."

Zhao Bo said: "Now our CLP Power Company is well-known in Hong Kong. Many people know that the internal struggle of the company is fierce. The scope of the struggle has been fully covered by the shareholders meeting, the board of supervisors and the board of directors, and the internal personnel changes of the company are also very large. Affect the company’s operations."

"...In order to dilute the equity of the Kadoorie family, I have been proposing to increase investment, such as purchasing new equipment and transforming the power grid, and proposing a private placement of 60 million Hong Kong dollars; another example is a new natural gas power plant and a private placement of funds. 200 million Hong Kong dollars; entering the Australian power market, proposing a private placement of 200 million Hong Kong dollars and so on."

"Every time the Kadoorie family rejected the proposal, and every time I found an opportunity to spread the news."

"A big plan needs to be discussed and decided by the board of directors, but I can directly decide on some smaller aspects. Many of the company’s interests and assets have been transferred to the Xiangjiang Electric Light Company at a reasonable price. The Kadoorie family already knows. But I couldn't find a handle."

"...So in the case of losing the management rights, the Kadoorie family can only watch their own interests suffer little by little."

"The company’s share price has continued to fall due to the constant exposure of negative news. It has now fallen to about half of its normal level. It has been rated as a junk stock by many institutions, and the equity held by the Kadoorie family has been locked up."

"I think no one but us would dare to take over. I have inquired that the Kadoorie family wanted to take the equity pledge loan of China Light and Power Company, but they were rejected by the bank and drastically lowered the price..."

Listening to Zhao Bo talking endlessly about how he "runs" the company, Xia Yu gave him a compliment.

These things that Zhao Bo did were indeed given by Xia Yu privately.

There is no way, who made him want to buy the equity of the Kadoorie family, but he has been behind the door of the Kadoorie family several times, leaving no room for negotiation.

In desperation, Xia Yu can only use other methods, such as what Zhao Bo said above.

It’s a good way to deal with nails like the Kadoorie family.

In the previous life, Xia Yu saw many such scenes. Large shareholders harmed small shareholders and ordinary shareholders. They directly tossed a good company to a loss, and then transferred assets at low cost. After achieving the goal, the company immediately recovered its health.

That is, the Kadoorie family was stuck in the equity ratio, and Xia Yu did not control over 66.7%.

If there are more than two-thirds of the equity, where does it need to be so troublesome. If you control the board and directly drive the horse to eat the Kadoorie family, it will be efficient!

But after tossing for so long, the effect seems to be good. The Kadoorie family's attitude has also softened, and it is indeed possible to act.

"Zhao Bo, you continue to test the attitude of the Kadoorie family. If you think that the heat is not enough, you will persecute them again. Your task is to continue to sing black faces, but you must be cautious. Be careful not to leave any handles and get yourself in. "Xia Yu smiled and ordered.

"I will arrange for others to do the acquisition of their equity, and I will let someone contact you at that time."

Zhao Bo replied respectfully: "Okay!"

Next, Xia Yu asked some more questions before sending Zhao Bo away.

……

Two days later, Xia Yu suddenly received Bao Yugang's invitation and invited him to have dinner at home, and Xia Yu went there at the appointment.

When Xia Yu came to Bao Yugang's home, he found that there were no other people besides Bao Yugang and his family. He asked curiously: "Old Bao, just the two of us? Why didn't Lao Huo call him? "

Bao Yugang explained with a smile: "Why didn't I call him, but unfortunately he went to the U.S. not a week, so I will call him again when I have a chance."

Xia Yu knew it, and said with a smile: "That old Huo has no good fortune tonight. I will tease him next time when he comes back..."

Talking for a while, dinner is ready.

During the meal, Xia Yu and Bao Yugang mainly chatted about interesting things.

The real talk is on the tea table after dinner.

Bao Yugang's son-in-law Wu Guangzheng poured a cup of tea for the two of them, and then sat quietly and listened.

"Ayu, the Hong Kong government intends to build a large-scale science and technology industrial park in the New Territories, ready to support electronic high-tech, heavy industry and petrochemical industries. Have you heard of this news?"

Bao Yugang took a sip of the hot tea and said slowly.

Xia Yu raised his brows and asked, "Old Bao, did you find this news from the Hong Kong government?"

Bao Yugang nodded calmly: "Yes, someone told me specifically, MacLehose strictly requires confidentiality, and seems to take it very seriously."

"The Hong Kong government's strategic plan for the governance of Hong Kong will not have a small impact on us, so I will come to you to talk about this."

Xia Yu's expression was a little strange, and he held back a smile and asked: "Then old Bao, do you know where this proposal came from? Why does the Hong Kong government suddenly want to plan [零零看书00kxs] industrial park?"

Bao Yugang shook his head: "I don't know this. I have asked, but I haven't got an answer."

"What, you know?"

After finishing speaking, Bao Yugang found that Xia Yu's expression was a little weird and couldn't help but raised his thick eyebrows, and asked, "A Yu, do you know?"

PS: I wrote a chapter without dozing off at noon, and another chapter at night.