Chapter 76 Hey, isn’t that Fa Zai?
After Hutchison Whampoa announced its delisting and privatization, it submitted a delisting application to the Hong Kong Stock Exchange.
Since Hutchison Whampoa is a relatively large company listed on the Hong Kong Stock Exchange, and more than 10% of the shares are currently scattered outside, this privatization process may take three to five months.
During this period, Hutchison Whampoa's listing logo will indicate a delisting sign, and shareholders can only trade their stocks at market prices to Tianyuan Company, which represents Sioux City.
Until the privatization is passed, the remaining small shareholders can apply to Hutchison Whampoa to buy back their shares at any time.
Of course, if the small shareholders really don’t want to sell, that’s okay, but the major shareholder Tianyuan Company can wrap up all the small shareholders who don’t want to sell into a holding company. In theory, the small shareholders can wait until Hutchison Whampoa goes public again, but
After delisting, Hutchison Whampoa is no longer subject to public market supervision, and it is very casual and simple for major shareholders to abuse small shareholders.
In fact, if Hutchison Whampoa passes the privatization application, shareholders of tradable shares must be forced to sell. It is difficult to bring the stock back to the stock market or keep it forever, unless you treat it as a piece of waste paper.
Sioux City's reputation has skyrocketed with more and more media reports.
Moreover, in addition to Xiangjiang, Sioux City is also famous in places such as Singapore, Haojiang, Wanwan, Malaysia and other places where Chinese are the main or have a large number of Chinese, to the point where almost everyone knows it.
This is the benefit of Sioux City becoming the first executive to take over a major British-owned bank. The prestige value will increase by thousands of times.
Just like that era in the previous life, when talking about Xiangjiang, who doesn’t know Li Chaoren?
Su City has handed over the privatization matter to Zhang Qizheng, and Wei Li is cooperating, because Hutchison Whampoa's nominal direct shareholder is Tianyuan Company.
It's just that Zhang Qizheng has no right to interfere in the management of Hutchison Whampoa.
In order to avoid interviews from reporters and media, Su Cheng sneaked away to Lamma Island for vacation with Zhong Chuhong the day after the press conference.
Zhong Chuhong has now graduated from the nun school and has officially become a member of society, so she can follow Su Cheng at any time.
Regarding Su Cheng becoming a famous business tycoon in Hong Kong, Zhong Chuhong was happy for him, but also felt depressed because he could not match up to Su Cheng.
Although Lamma Island is the third largest island in Hong Kong, it is actually a place with a relatively low sense of presence.
The entire Lamma Island has a small population, and most of them are concentrated near Yong Shue Wan in the north of the island, so the island is usually very quiet.
The Nanyang Petroleum Company's refinery under Sioux City is not far from Yong Shue Wan.
The Nanyang Refinery is now expanding the number of oil tanks. However, due to the terrain, it is difficult to expand the output of the refinery. The cost of land reclamation is too high and not advisable, so the refinery here wants to continue
There is no need to develop upward.
On the Singapore side, in the future, Jurong Island will be used as the basis for land reclamation to develop oil. The reason why it will cost such a high price is because the land area of Singapore is too small. The total area is larger than that of Xiangjiang.
The area is much smaller, which also means that if they want to develop industry, they can only develop outside the main island, and reclamation becomes their only choice.
Xiangjiang is different from Singapore. There is still a lot of unused land in the suburbs, and Tuen Mun is one of them.
Since Hutchison Whampoa has such a large piece of land in Tuen Mun, it is more suitable to use it to build an oil base.
Reclamation and land reclamation cannot be easily accomplished by Sioux City alone. It requires the government to come forward. There is no need to spend huge sums of money to reclaim land and sea nearby in order to develop Lamma Island. It is not worth it.
With ready-made land, the development cost can be kept to a minimum, especially on the left side of Tuen Mun, which is the vast Lingding Ocean, where a wharf can be extended to dock oil tankers.
"Boss, Mr. Wei Li from Hutchison Whampoa called and said that the Governor, Mr. Maliho, invited you to attend his Home Party on the evening of July 10th. Since the staff of the Hong Kong Governor's Office cannot contact you, the invitation letter has been
It's been sent to Hutchison Whampoa Group." While Sioux City was inspecting the oil tank expansion in the refinery, factory director Zhou Zhou came to him to report.
"Please help me reply to Mr. Wei Li and ask him to reply to the staff of the Hong Kong Governor's Office. I will participate on time." Su Cheng said with a smile.
He was just trying to find a time to meet the Hong Kong Governor, but unexpectedly the opportunity came to his door.
Now, it is already July 8th, and there are still two days until the 10th, so there is no rush.
Home Party actually means family party. To be invited by the Governor of Hong Kong to attend his home party, it is conceivable that Sioux City has been taken seriously by MacLehose in a real sense.
"Okay boss, I'm going to call Mr. Wei Li right away." After speaking, Director Zhou turned around and went back to the office.
"Wow, boss, you were actually invited to meet by the Governor himself!" Zhong Chuhong looked at Su Cheng with admiration.
"It's just a governor. When your wealth reaches a certain level, no matter which country you go to, even the national leaders will personally meet you." Su Cheng said with a calm smile.
Like Ma Yun in the previous life, no matter which country he went to, he would be greatly welcomed. Presidents and prime ministers would actively invite him to meet him, hoping to attract his investment. This is the charm of wealth.
However, after all, Hong Kong is the territory of the Hong Kong Governor for the time being. If you want to live well in Hong Kong, it is also necessary to have a good relationship with MacLehose.
"Let's go and walk with you to a nearby village. This is a factory after all, so it's not interesting." Su Cheng took Zhong Chuhong's hand and walked towards Yongshu Bay.
The straight-line distance between the refinery and Yung Shue Wan is only about one kilometer, but because there is a hill in the middle, you need to climb over the hill to reach Yung Shue Wan.
Su Cheng walked slowly along the mountain path, admiring the scenery along the way.
There are bodyguards in front and behind who are always vigilantly observing the surroundings to prevent any accidents from happening. Of course, the probability of accidents is very low.
Near Yung Shue Wan, there is the largest flat land on Lamma Island, so it is the most densely populated place on Lamma Island.
When Su Cheng and the others came to the village near Yong Shue Wan, they saw that the village was densely packed with houses, all of which were very simple. Some were made of tiles and bricks, and some were simply simple houses made of wooden boards.
The entire village is located at the back of the mountain. Most of the villagers make a living by fishing. From their living environment, it can be seen that the living conditions here are relatively backward.
Along the way in Sioux City, I found that almost all of them were old people and children.
So, he stopped an old man and asked him: "Abo, where are the young people in the village?"
"All the young people here have gone to Xiangjiang to make a living. Who wants to stay and suffer from poverty?" the old man said with a smile.
Su Cheng nodded. Indeed, young people go to big cities for development, and very few are willing to stay in rural areas.
There was only one store in the village, and the weather was hot, so Su Cheng took everyone there and sat down under the umbrellas outside the store. At the same time, he asked a bodyguard to go in and buy everyone a bottle of frozen drinks.
While Su Cheng was waiting for the bodyguard to buy water, a group of children gathered around a young man under a big banyan tree. The young man distributed snacks to each child with a smile on his face, which also attracted Su Cheng's attention.
Chapter completed!