章節 812: Chapter 812: A riotous operation pinned him to the ground
Roland Kadoorie looked at Ji Wei with cold eyes and sneered, 'You're dreaming if you want my shares, and even if you take over the company's management, don't even think about taking my shares.'
After saying this, Lawrence Kadoorie looked at Liang Zhonghao, locked eyes with him for a moment, and said with an inexplicable tone, 'Mr. Liang, I deeply regret your family's choice, and hope you won't regret your choice!'
Liang Zhonghao gave a stiff smile and said, 'Mr. Kadoorie, it is inherently difficult to explain business matters clearly. Since a decision has been made, of course we will not regret it.'
'However, Mr. Kadoorie, I suggest that you transfer the equity to Mr. Ji. It is better than having any more struggles.'
Ji Wei advised with a smile, 'Mr. Kadoorie, Mr. Liang's words are very pertinent. Those who do great things never act on impulse, but only choose the most advantageous direction.'
Roland Kadoorie could not help but laugh, his heart burning with anger.
It was simply ridiculous for these two young people to lecture him in front of him!
It was clear that he was the victim, and the current beneficiary was still hypocritically pretending to be acting in his best interests, which was truly disgusting to him.
He snorted, stood up and was about to leave, saying resolutely, 'Even if I sell my shares to anyone, I won't sell them to you. You can forget about it!'
After saying this, Lawrence Kadoorie swept away.
Just as Lawrence Kadoorie was about to walk out the door of the meeting room, behind him sounded the soft words of Ji Wei, 'Mr. Kadoorie, why bother? Even if you don't agree, the board of directors can still approve the private placement of shares. You can't resist it!'
Hearing this, Lawrence Kadoorie felt a rush of blood to his head, and the veins in his face bulged.
He took a deep breath to suppress his inner rage, and left without looking back, disappearing from the view of Ji Wei and Liang Zhonghao.
'It seems that Lawrence Kadoorie has chosen to resist. Ji Sheng, our Liang family has done its best,' Liang Zhonghao sighed with regret, as if blaming himself for not being able to help Ji Wei.
Ji Wei smiled and said, 'Mr Liang, don't worry, you have already helped us a lot. We will remember this favour, and I will report to the chairman.'
Hearing this, Liang Zhonghao's eyes flashed with joy.
This was all in Ji Wei's eyes, and he smiled secretly, proud of his background, and then continued, 'Mr Liang, I will need your help next to complete the privatisation of the company, and I will also need your help with the private placement of shares.'
Liang Zhonghao laughed, 'This is what I should do. Without delay, let's come up with a plan today and reconvene the board of directors tomorrow?'
'That would be best!' Ji Wei laughed.
Regardless of whether or not the shares held by Sir Roland Kadoorie were sold, after taking control of the board of directors, there were ways to deal with him. The simplest was a private placement, which could be implemented as long as it was approved by half of the votes on the board of directors.
At that time, they only need to issue additional shares to Jiuding Hotel Management Group or a sister company, and they can just buy it at a low price with the money.
After the additional shares are issued, the shareholding ratio of Lawrence Kadoorie will naturally be diluted and reduced.
Of course, other people will also be diluted.
However, the Liang family has already signed a secret agreement with Xia Yu, so the amount of shares does not matter. Anyway, after the privatisation, the company will be split according to assets. Judging from the current situation, after the split, Jiuding Hotel Management Group will still need to contribute funds to make up the difference.
It doesn't matter if it's paid first or last, the Liang family will not lose out anyway. Not only will they be able to help Xia Yu, they will also reduce the risk of an unexpected counterattack by Lawrence Kadoorie.
...
What happened at the Shangri-La Hotel Group in the morning inevitably spread, and everyone who heard the news was dumbfounded, unable to believe what they had heard.
The Peninsula Hotel is the brightest pearl in the Shangri-La Hotel Group, and it is also one of the top ten hotels in the world. It has a huge influence and has been run by the Kadoorie family since 1890.
Even though the Kadoorie family does not hold a high percentage of the shares in the group, the outside world has always regarded the Peninsula Hotel as the diamond in the crown of the Kadoorie family, symbolising the honour of the Kadoorie family.
But this is a company that has completely changed in one morning. Without the outside world knowing anything about it, the management rights were taken away by the suddenly appearing Jiuding Hotel Management Group. The old hand Roland Kadoorie was easily ousted from the position of chairman of the board. This is simply the biggest joke of the year!
How could the outside world not be in a state of shock?
Everyone, from the bigwigs to the onlookers, felt like they were in a dream.
The person who reacted the most, apart from the Kadoorie family, was Norman Shia.
After hearing the news, he could not calm down for a long time. While feeling sad for Lawrence Kadoorie, his inner vigilance also reached a peak.
Then, he immediately called the Kadoorie family and made an appointment with Lawrence Kadoorie to find out the specific situation.
Lawrence Kadoorie also happened to want help, and after receiving Norman Shiawai's call, he left without saying a word.
It is unknown what the two talked about.
Xia Yu was not interested either.
After all, in the face of absolute strength, no petty tricks will work!
After listening to Ji Wei's report, Xia Yu immediately instructed Ji Wei to use his orders to get the companies under the consortium's control to help, specifically acquire the shares of those minority shareholders, and at the same time assist in the privatisation of the Shangjiang Hotel Group.
If before, those minority shareholders were unwilling to sell their shares.
But after witnessing the earth-shattering events of the day, these minority shareholders knew that the tide was too strong to fight against, and that the best way out was to take the money and run.
So when the companies commissioned by Ji Wei approached the minority shareholders, they easily took over the shares.
By the end of the afternoon, four minority shareholders had been taken over, and a total of 9.7% of the shares had been acquired.
The shareholding of Jiuding Hotel Management Group soared to 29.9%.
If you include the 5.7% stake held by Standard Chartered Bank, which has not yet revealed its position, the position of the largest shareholder has actually changed hands.
Moreover, the combined shareholding of the Jiuding consortium and the two other companies reached 66.6%, just 0.1% short of the two-thirds threshold. No one could stand in the way of the Jiuding consortium's will, not even a little bit!
Early the next morning, the media gathered outside the entrance of the Shangri-La Hotel Group in Shanghai, where a new board meeting was being held.
Unfortunately, this time, Roland Kadoorie refused to attend the meeting directly.
But it didn't matter, as long as more than two-thirds of the people were present, it was OK.
At the meeting, the new chairman, Ji Wei, took out an agreement on private placement of shares, which was naturally passed without a doubt.
The group's original share capital of 100 million shares was increased by another 20 million shares, and the designated additional issue was to Jiuding Bank, at a price of 12 yuan per share, lower than the price of 14 yuan per share. The additional issue raised 240 million Hong Kong dollars at one time, which was used for the company's expansion.
At this point, the total share capital of the group had expanded to 120 million shares, with Jiuding Hotel Management Group holding 29.9 million shares, a shareholding percentage of 24.9%.
Liang's family held 31 million shares, a shareholding percentage of 25.83%, and remained the largest shareholder.
The third largest shareholder was Jiuding Bank, with a shareholding percentage of 16.67%.
The Kadoorie family, which was originally the third largest shareholder with a 16.7% stake, saw its stake diluted to 13.9%, making it the fourth largest shareholder.
The stakes of other minority shareholders were also diluted, and they were powerless to resist, having to accept the situation passively.
In this way, even if Standard Chartered Bank is not counted, the combined stake of the three parties – Jiuding Hotel Management Group, Jiuding Bank and the Liang family – was 67.4%, accounting for more than two-thirds of the company's shares.
At this point, Ji Wei took advantage of the situation and called another board meeting in the afternoon, proposing that the company delist and spin off, and the proposal was passed again.
Subsequently, an application was made to the stock exchange in the name of the company to suspend trading and delist, and in preparation for the next step of the spin-off, Standard Chartered entered the company and began to calculate the assets.
This set of manipulative operations was carried out consistently, leaving the outside world dumbfounded.
What followed was pity for the Kadoorie family.
The Kadoorie family is completely defenceless and can do nothing. After all, it is one of the most well-known British families in Hong Kong, so how could it be so easily taken down?
Anyone with a discerning eye can already see that the Kadoorie family has no way out. Although the current shareholding percentage is 13.9%, who knows if it will drop again tomorrow?
The board of directors is controlled by the Jiuding consortium, and additional shares were issued to dilute the shareholding when the company went public. After privatisation, what's to stop Jiuding Bank, the major shareholder, from diluting the shareholding again and again? After all, the money just keeps moving from one account to another, and as long as Shangjiang Hotel Group doesn't use it, it'll just sit in Jiuding Bank.
Over time, as long as the Kadoorie family's shareholding falls below 10%, the Jiuding consortium can initiate a mandatory takeover. The Kadoorie family will have to sell their shares, even if they don't want to! The only difference is who the Kadoorie family will find to take over and attract hatred.
But it is conceivable that by that time, no one will dare to take over at the risk of offending the Jiuding consortium. Even the Swire consortium will not do it, because taking over will only mean more struggles.
Although he did not participate in the board of directors and had always been on the side of the Shih Ya-huai family, Lawrence Kadoorie had been closely monitoring the situation. When he heard the news, he almost spat out a mouthful of old blood, his face flushed, and he cursed Ji Wei and Liang Zhonghao and the others for their shamelessness.
After cursing, he slumped onto his stool and had to accept this cruel reality.
'Lawrence, things have come to this, it seems you have no choice but to compromise,'
Norman Shih Ya-huai, who was sitting nearby, sighed and said reassuringly.
Roland Kadoorie slowly looked up at Norman Shi Yaohuai and said in a somewhat hoarse voice, 'Norman, the reason things have come to this is the shares of the Hong Kong Telephone Company. Because of this matter, I have suffered huge losses. What do you say?'
After he finished speaking, Roland Kadoorie fixed his gaze on Norman Shi Yaohuai.
每周推薦票狀態
-- 推薦票
榜單 
-- 推薦票