Chapter 528 527 Guan Zu: Edward’s Grand Class, Hong Kong Island is mine(1/3)
Chapter 488 "487" Guan Zu entered Hong Kong Dragon, and he had a set of random punches!
In the private room,
Mr. Cao said passionately,
"When Hong Kong Dragon was founded, it encountered great difficulties. Due to the unreasonable policies of the Hong Kong government, Hong Kong Dragon was unable to apply for an air transport license for popular routes, and it lost money almost every month."
"But at that time, Lao Bao and I worked hard to expose and criticize the Hong Kong government's unreasonable partiality policy; on the one hand, we widely opened up relations with various countries and strive for routes."
"The domestic policy also expressed its support for the business development of "Hong Kong Dragon" and opened up 22 routes between Hong Kong and the Mainland for "Hong Kong Dragon" to operate."
"Afterward, I also obtained a license to fly to Thailand, Japan, Malaysia and other international routes..."
Then, the voice gradually turned unwilling to accept.
"The development of Hong Kong Dragon is very unsuccessful, because the Hong Kong and British governments are causing trouble again, and Cathay Pacific suppresses competition, which makes them lose a lot of money..."
"In 1989, Lao Bao withdrew and most of the shares were acquired by my Cao family."
"In 90 years, there were more losses... At this time, Cathay and CITIC were going to acquire it, and then various shareholders sold it one after another. In the end, CITIC 3%, Cathay 30%, I, Cao 6%, and Swire 5%..."
"And not long after, at the shareholders' meeting, Cathay Pacific obtained the management rights of Hong Kong Dragon on the grounds of distributing interests and making Hong Kong Dragon profits..."
Speaking of this,
Mr. Cao's voice was a little desolate.
Thinking back to the time when Hong Kong Dragon was established, everyone was full of energy and thought it was another grand event for Chinese capital.
But now, it has been occupied by Cathay Pacific.
It feels quite a sense of losing power and humiliating the country.
Mr. Cao looked at Guan Zu's young face and sharp eyes.
perhaps,
Hong Kong Dragon should be handed over to the hands of young people.
Thinking of this, Mr. Cao suddenly had a decision: "Mr. Guan, I know you want to compete with Cathay Pacific... I wonder if you are interested in taking over the 6% stake in my Cao family?"
Guan Zu was shocked: "Mr. Cao, are you willing to sell it? This is your hard work!"
Mr. Cao waved his hand: "No, I'm old, and the Hong Kong Dragon is in my hands, just like I'm dead. Perhaps in your hands, it may not necessarily bring new life."
Guan Zu’s ability is known to everyone in Hong Kong.
Guan Zu's character is recognized by the whole Hong Kong.
Therefore, it may be a good idea to hand Hong Kong Dragon into Guan Zu's hands.
Guan Zu thought the two sides would be scrambling for a while, but he didn't expect Mr. Cao to be so happy, and he couldn't help but feel a little surprised.
Without hesitation at the moment,
Toast a glass,
"Thank you very much for Mr. Cao, I want this share!"
"I did it, you can do it!"
Guan Zu raised his head and drank a large glass of white wine.
Next,
The atmosphere on the dining table became much warmer.
...
...
A new day,
Five Star Group and Cao began formal acquisition negotiations.
At this time, Hong Kong Dragon's profitability was still very average, with the overall market valuation being around HK$13 billion.
Definitely low-lying.
The 6% stake in Cao's family is in the range of about HK$2.8 billion.
soon,
The news reached Cathay Pacific, Swire Group's ears.
...
...
The Swire Building.
Cathay CEO Office,
When Tang Baolin heard the secretary's report, he felt a little urge to vomit blood.
No, why did you acquire Hong Kong Dragon?
I just discriminate against mainlanders? Isn’t it just employees who can separate people? Just curse a few words in the newspaper and vent it. What the hell is it that you buy Hong Kong Dragon?
There is no need to be so serious, brother!
"Lingling~~~~~"
At this time, the phone rang in his office. When he saw that the phone showed the number, it was the phone number of Mr. Peng Lizhi, a Taigong director, upstairs.
"Mr. Peng!" Tang Baolin lowered his head slightly.
This director Peng Lizhi is a big shot.
The former Financial Secretary, now retired, has become one of the directors of Swire Group, and has a lot of power in Swire Group.
"Have you heard about Guan Zu's acquisition of Hong Kong Dragon? Come to my office and explain it to me!" Director Peng Lizhi's voice was a little cold.
"Yes, I'll go right away."
While taking the elevator upstairs, Tang Baolin was thinking about how to deal with the leader's questions.
Soon, he arrived at Peng Lizhi's office.
"Mr. Peng~~"
“Come in…”
After Tang Baolin walked in,
Peng Lizhi has silver-white hair and is now 67 years old. Because of his service in the British army, he has a strong sense of power.
"I heard that Guan Zu was you who provoked him... Tell me, what's going on?"
Tang Baolin quickly told the whole story.
Peng Lizhi was surprised: "That's it? Is this considered discrimination?"
Tang Baolin: "Yes, it's because of this... Guan Zu is a recognized leftist figure, so he thinks it's discrimination... I just thought he would just curse a few words in the newspaper, but I didn't expect to go directly to acquire Hong Kong Dragon."
Peng Lizhi waved his hand: "I don't care about these... I just want to ask, can Hong Kong Dragon still be held in our own hands?"
Dragon can only be Cathay Pacific’s horseman!
You must never leave your control!
Tang Baolin is very confident about this: "Don't worry, Mr. Peng, we need to provide Hong Kong Dragon's business. If Hong Kong Dragon does not want to continue to lose money, we must listen to Cathay."
Peng Lizhi: "Okay, I remember your words."
Wave,
Let Tang Baolin get out.
...
In the next few days, the negotiations between Cao and Wuxing Group were progressing very quickly.
Day 5,
The negotiations officially ended.
The two parties held a press conference and officially acquired all 6% of the shares of Cao's family for a price of 500 million.
At the press conference,
Guan Zu undoubtedly became the focus of the reporter's lens and interview.
He stood on the stage,
"This acquisition is a counterattack from my discrimination against ordinary Hong Kong citizens and mainland compatriots!"
"It is precisely because Cathay Pacific is a British-owned company that discrimination against Chinese people has been revealed from top to bottom."
"Since that's the case, why can't we own airlines that belong to Chinese?"
"So, I bought Dragon Airlines."
ATV reporter asked: "Mr. Guan, you currently only have 6% of Hong Kong Dragon's shares, and Cathay Pacific owns 30% of Hong Kong Dragon's shares, which is not even comparable to Cathay Pacific's shares. Does it mean you will continue to acquire?"
To be continued...