Rebirth of the Strongest Tycoon

Vol 3 Chapter 713: Monopolize 3 industries

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Xia Yu smiled faintly and said: "Then I will exercise the rights of a major shareholder, take over the board of directors, and immediately start the company's rectification and divest Hutchison Whampoa's non-performing assets."

"I think it is necessary for the three businesses of real estate and infrastructure, ports, and retail to be separated and developed separately. Financing and share expansion are certain."

Although Xia Yu said this lightly, but it blew up in Qi Dezun's ear like thunder, making him look violent.

"Mr. Xia, are you threatening me?"

Qi Dezun's face flushed with anger, his eyes burst into flames.

Although Hutchison Whampoa directly or indirectly controls more than two hundred companies, it is the three major businesses that are most dazzling. It is these three businesses that contribute huge profits that have allowed Hutchison Whampoa to support it until now.

Needless to say, real estate and infrastructure are the three major businesses. Relying on the huge land reserves of the British consortium, Hutchison Whampoa is properly one of the big landlords in Hong Kong, and it is owned by the top ten real estate developers.

Port business is the cornerstone of Hutchison Whampoa.

Among the 24 berthing ports in Hong Kong, the Hutchison Whampoa family owns 14 berths, especially the container cargo port. Hutchison Whampoa accounts for the majority.

Xiangjiang Port is one of the busiest international container ports in the world. It is backed by the mainland and is also a major hub port in the global supply chain. It has ranked first in the world in terms of container throughput for several consecutive years.

With such data, one can imagine the terrifying profits and powerful influence made by Hutchison Whampoa.

As for the third retail business, the most important ones are Watsons and ParknShop.

Now Xia Yu's Wanning Pharmacy lags behind Watsons in Xiangjiang, let alone Xiangjiang!

As for Baijia Supermarket, established in 1973, it was the largest supermarket in Hong Kong until Xia Yu's Wellcome Supermarket emerged, but Baijia Supermarket was still slightly ahead of Wellcome Supermarket.

If these three businesses were to be divested and then financed to expand their shares, Qi Dezun could fully imagine that his shareholding ratio would have been shrinking even when he couldn't afford to pay, and would eventually be cleared out.

Xia Yu not only has the money to spend with him, but also has the absolute management rights of Hutchison Whampoa, he can't resist.

If Xia Yu's heart is darker, he can completely divide Hutchison Whampoa and throw his bad assets to him. Then he will be scammed to death!

Xia Yu shook his head disapprovingly: "Mr. Qi Dezun, this is not a threat, I just give you a kind reminder."

The right way is to know the current affairs as a brilliant.

After Qi Dezun's anger was over, he gradually recovered his calmness. He knew that he would definitely lose if he came hard, so he could only try the soft one last.

I saw Qi Dezun calmly saying: "Mr. Xia, in fact, you have already obtained so much equity. I will not affect his control of the company. Moreover, Hutchison Whampoa has grown to this level in my hands. I understand it very well. If we two cooperate, I believe Hutchison Whampoa will definitely get out of the quagmire faster."

With no room for resistance at all, I still want Xia Yu to lead him to make money. Let's be whimsical!

Xia Yu gave no face and said bluntly: "Mr. Qi Dezun, I am more confident and don't need your help."

"So you still make a price!"

"Right, let me say one more thing. HSBC sold me the equity at a discount of 80%. If you don't believe me, take a closer look at the contract!"

Qi Dezun looked at the contract with an ugly expression, and the transfer price written on it was equivalent to about 80% of yesterday's stock price.

"Damn Shen Bi, **** HSBC, absolutely a British traitor! Should be on the gallows!"

Qi Dezun cursed in his heart.

Asking him to transfer the equity is his life, how can it be transferred at a low price, this is absolutely impossible!

He shook his head suddenly: "Mr. Xia, HSBC is HSBC, and I am me. If you want to buy my shares at the transaction price with HSBC, it is absolutely impossible. I would rather fight with you to the end. Anyway, wait for me. I'm dead, I can't take this money!"

Xia Yu was overjoyed, and Qi Dezun's position was finally shaken. It would be good if he was willing to sell. Isn't it just that the price is not satisfied?

That's it!

Next, Xia Yu began to discuss the price with Qi Dezun.

You come and I go between the two sides. In the end, Xia Yu directly threatened and said that it was a big deal to raise shares.

Only then did Qi Dezun soften, and finally fought for one, not based on today's stock price, but based on the stock price at the close of yesterday afternoon, to transfer all the shares to Xia Yu at a fair price.

Yesterday afternoon, Xia Yu had asked Wang Qi to suppress the stock price. At the close of the market, the total market value of Hutchison Whampoa was 6.74 billion Hong Kong dollars.

Qi Dezun's shareholding ratio is 34.8%, valued at HK$2.345 billion.

At 4:20 in the afternoon, all the procedures of the transaction were finally completed. Qi Dezun's account had more than two billion more liquid funds, but he couldn't be happy.

Xia Yu couldn't control Qi Dezun's mood, as he was counting the fruits of his victory.

After acquiring the shares of HSBC and Qi Dezun, Jiuding Securities holds a total of 89.3% of Hutchison Whampoa.

The funds consumed 4.9 billion Hong Kong dollars.

Fortunately, he had previously deposited 3 billion U.S. dollars in a special account of Jiuding Securities. Otherwise, looking at the entire Xiangjiang, no one would be able to spend such a large sum of money in such a short period of time.

There is still 10.3% equity in the market, and Xia Yu plans to privatize Hutchison Whampoa in accordance with the previous routine.

Of course, Hutchison Whampoa will definitely be listed in the future, but the current HSI is still far from Xia Yu's expectations. Even if it wants to go public, it will take another two years to list the company at its peak.

Prior to this, first put effort into integrating Hutchison Whampoa with its own assets to maximize resource utilization.

Wharf originally had three berthing ports, and Hutchison Whampoa owns 14. As a result, of the 24 berthing ports in Hong Kong, Xia Yu owns 17 ports, more than 70%.

No matter what the ship king, as long as he wants to do business, he has to look at Xia Yu's face.

With Watsons and the Wanning Pharmacy he originally owned, Xia Yu instantly monopolized the retail market of Xiangjiang medicinal materials and cosmetics and health care products, which is estimated to reach 80%.

He also owns the No. 1 Baijia Supermarket and the No. 2 Wellcome Supermarket. He controls more than 70% of the retail trade in Hong Kong.

In other words, from the moment of the acquisition of Hutchison Whampoa, three industries in Hong Kong have been substantially monopolized by him.

At the same time, Xia Yu arranged for Wang Qi to privatize, and ordered Standard Law Firm and Standard Accounting Firm to settle in Hutchison Whampoa to take over the group's financial and legal affairs.

The next day, the news of Hutchison Whampoa's application for privatization came out. Xiangjiang was shocked. After inquiring about it, all the bigwigs were shocked by the handwriting of Jiuding Securities.

However, Xia Yu quietly sent Elena onto the plane. It was not until the plane took off that Xia Yu left to return ~www.ltnovel.com~ The first thing to go back to, first went to Hutchison Whampoa, and after calming people's hearts, he urgently convened Jiuding. High-level consortium meeting.

There was only one theme of the meeting, which was to divide the cake. More than 200 companies formed by Hutchison Whampoa were screened out. The heads of each company selected companies that could strengthen themselves and reduce the burden on Hutchison Whampoa.

Hutchison Whampoa is too bloated. Many companies are actually very good, but they have suffered losses due to management problems or corruption. Xia Yu believes that these companies should be able to rejuvenate after being annexed by companies under the Jiuding Consortium.

The screening period lasts for one month, and the meeting will be held again one month later for formal division.

There was also an episode after the meeting. Lin Sen, the general manager of IKEA Furniture, reported to Xia Yu that the Swedish IKEA Group rejected his request for acquisition and shareholding.

Xia Yu didn't care, and immediately decided to launch his own brand "House of Actuality" plan.

In the next few days, the outside world continued to harass. After Xia Yu asked Wang Qi to deal with it, he went to his other financial company-Galaxy Fund in a low-key manner.

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