Two hours passed in a flash, and it was suddenly 3:00 p.m.
Still at the headquarters of Swire Pacific.
Bao Yugang and Wade Shi Yahuai sat face to face, and next to them were the assistants and lawyers they had brought with them.
After a brief exchange of pleasantries, they entered into the formal transaction procedures.
The lawyers brought by each party checked the contract, the accountants calculated the value of the equity and the transaction price, and finally negotiated and revised the terms that were in dispute.
Because this transaction was limited to a transaction between equities and did not involve large sums of money, there was no need to go to the bank, which saved a lot of time.
The transaction was completely completed in just one hour.
Swire Pacific acquired a 20% stake in Dongfeng Airlines.
And Bao Yugang acquired a 5% stake in Cathay Pacific, a 11.5% stake in Hong Kong Airport Ground Services and a 2.78% stake in Hong Kong Aircraft Engineering Company.
After the transaction was completed, Bao Yugang did not linger. He took the certificates of equity and the contract and immediately took a car from Hong Kong Island to Kowloon.
Half an hour later.
Bao Yugang was led by the receptionist to Xia Yu's office.
Xia Yu, who was dealing with some documents, looked surprised when he saw Bao Yugang appear in the doorway. He immediately smiled broadly, got up, and quickly walked over to greet him.
'Bao, what brings you here? Please sit down,'
Bao Yugang laughed heartily, 'Ah Yu, I've come to bring you good news.'
Xia Yu's eyes lit up, and he had a hunch in his heart. Glancing at the black briefcase carried by the assistant behind Bao Yugang, he asked,
'It's done?'
Bao Yugang smiled and said, 'It's not done, but it's done, and you'll never guess what it is.'
After saying that, he took the briefcase from his assistant, took out a stack of share certificates and contracts, and handed them to Xia Yu, saying, 'Ah Yu, you can take a look first, the results are all here.'
Xia Yu glanced at them, put them down for now, made some tea for Bao Yugang, and then picked them up again to look through them.
As he flipped through them, a smile could not help but appear on his face, and there was also some surprise in his eyes.
He understood what Bao Yugang meant when he said that it was neither settled nor settled.
According to the original plan, Bao Yugang was supposed to acquire at least 12% of the equity of Xiangjiang Airport Ground Services Co., Ltd., so that his shareholding ratio would exceed two-thirds and he could forcefully transfer the 4% equity in Cathay Pacific Airlines held by the company.
However, after seeing the shareholding certificate, Xia Yu knew that the plan had failed. He had only acquired 11.5% of the shares of Hong Kong Airport Ground Services, and his shareholding ratio could not exceed two-thirds, so Swire Pacific still had the right to veto.
Therefore, the original plan had failed.
However, Bao Yugang had directly helped him obtain 5% of the shares of Cathay Pacific Airways held by Swire Pacific, which was more than the number of shares held by Hong Kong Airport Ground Services.
From this perspective, his ultimate goal was achieved, and he saved trouble by getting there in one step.
In addition, there is a 2.78% stake in Hong Kong Aircraft Engineering Company, which can be considered a pleasant surprise.
Together with the 17.7% stake held by Jiuding Securities, the 10.9% stake held by Standard Chartered Bank, the 8.4% stake acquired from HSBC, and the 3.7% stake acquired by Jiuding Securities from the secondary market, he now holds 43.48% of Hong Kong Aircraft Engineering Company!
Even if he had to give up 20% of Dongfeng Airlines to get these shares, Xia Yu didn't care. Since he didn't have the power of veto, Swire Pacific Airlines could come in and take over.
He sighed and said with emotion, 'Bao, thanks. This result really surprised me.'
Bao Yugang waved his hand and laughed, 'You're welcome. It was nothing.'
Xia Yu did not thank him again, and continued, 'The 20% stake in Swire Pacific Airlines can be deducted directly from me, and I will find a way to get it back.'
'Okay!' Bao Yugang nodded and replied, as this had been discussed before, and he was not being pretentious.
Moreover, he also had confidence in Xia Yu, believing that he could do what he said, and this did not need to be a concern for him at all.
'By the way, Lao Bao, how did you manage to do this? Tell me about it,'
Xia Yu asked curiously.
Bao Yugang laughed heartily and became excited, and he told the whole story in a flowing manner: 'Ah Yu, I'll be brief. The thing is...'
After listening to Bao Yugang's account, Xia Yu understood that there was still an element of luck in the process.
The key was that the Shih Yahuai family discovered Dongfeng Airlines, but instead of directly suppressing and confronting it, they chose to infiltrate by taking a stake, which allowed Bao Yugang to seize the opportunity and respond spontaneously. Otherwise, the plan really could have easily failed.
'It seems that even God is on my side!'
Xia Yu said with some emotion.
Bao Yugang nodded in agreement, saying, 'Yes, there were too many coincidences and unexpected situations throughout the whole process, but fortunately, you, Yu, were blessed with good fortune, and the plan was completed very smoothly.'
At this, Bao Yugang suddenly paused, and his expression became solemn.
Xia Yu, who had wanted to respond, also stopped talking, his eyebrows raised slightly, and he asked, 'Lao Bao, what's wrong?'
Bao Yugang solemnly asked Xia Yu, "Yu, plus the current gains, what level have you reached?'
Xia Yu calculated in his heart and spoke the truth, "Sixty-six point five percent of the equity of Hong Kong Airport Ground Services Company.'
'Thirty-eight percent of the equity of Cathay Pacific Airways.'
'Forty-three point four eight percent of the equity of Hong Kong Aircraft Engineering Company.'
The percentage of shares in Hong Kong Airport Ground Services and Hong Kong Aircraft Engineering Company were ignored by Bao Yugang, who focused on the core Cathay Pacific Airways.
He thought for a moment and said, 'Yu, you already have 38% of the shares here, and you have the right of veto. As long as you take over the Song family's shares, then you can seize a majority of Cathay Pacific Airways.'
Xia Yu nodded slightly and said, 'That's right, I've already approached Song Bo, and it depends on what choice he makes.'
'But even if he doesn't agree, with the current shareholding ratio, we can still fight a war of attrition with the Swire consortium. With hard power, there is still a chance of turning the tables.'
Bao Yugang said solemnly, 'Yu, there is a big difference between a war of attrition where you have the initiative and one where you don't. I suggest you settle with Song Bo as soon as possible in the next few days, to avoid any accidents.'
Xia Yu raised an eyebrow and asked, 'Are you worried that the Shih Yahuai family will buy the Song family's shares?'
Bao Yugang nodded and said, 'Yes, I was worried about accidents during the negotiations this morning, so I lied to Wade Shiyahuai and said that I would be leaving the country tomorrow and wouldn't be back for at least 25 days.'
'When we were almost done negotiating, he said that he wanted to wait a few days before completing the transaction. At the time, I didn't understand why, but I just felt that something was wrong, so I didn't want to give him what he wanted and made up an excuse to lie to him. After I got back, I figured it out. I guessed that he was stalling for a few days to buy some shares from HSBC or the Song family to use in exchange for my shares in Dongfeng Airlines.'
'After I figured it out, I felt relieved, and I made up my mind that if he didn't contact me in the afternoon, I would find a way to complete the transaction today.'
'Fortunately, the Shih Yahuai family also coveted Dongfeng Airlines, so the transaction was completed today.'
'You have already bought the shares of HSBC. I don't know if Shen Bi will leak the news. If the news is exposed, the Shih Yahuai family will definitely find a way to buy shares from the Song family to increase their shareholding ratio.'
'So I suggest you deal with the Song family as soon as possible, the sooner the better, before there are more complications!'
Xia Yu nodded solemnly and said, 'I understand, I will do my best.'
Having said what he had to say, and seeing that Xia Yu had listened, Bao Yugang did not continue.
It was only then that he felt a little dry from all the talking, and he immediately lifted his teacup and drank some tea.
Xia Yu drank some tea and looked thoughtful. After thinking for a while, he asked Bao Yugang for advice: 'Bao, do you know who Song Bo is more closely related to?'
Bao Yugang was taken aback, but then he understood Xia Yu's underlying thoughts. He thought for a while and said, 'My friendship with Song Bo is average, and so is Lao Huo's. After all, we are different from the Song family. We are newly rich, while the Song family is considered an old family of magnates.'
'As far as I know, the only people who are close to Song Bo are the people from the old families like the He family, the Lee family, and the Lee family of the Bank of East Asia. I haven't heard of anyone from the new rich being close to him.'
Xiao Yu was also not familiar with the families Bao Yugang mentioned, and the only one he knew relatively well was the Lee family of the Bank of East Asia, but even they were only casual friends, not nearly as close as his relationship with Bao Yugang and Huo Yingdong.
Even his relationship with Li Zhaoji and the others was not as close.
Therefore, his plan to get to Song Bo through other people did not seem to work.
It seems that he will have to do it himself!
Xia Yu said with a smile, 'It seems that this path is not going to work. I will think of other ways to see how the Song family chooses.'
Bao Yugang nodded slightly and said to Xia Yu, 'Ah Yu, the Song family has deep connections with the Taikoo Group. It will be more difficult to get them to give up their shares than HSBC. The key depends on how Song Bo chooses.'
'If that doesn't work, I suggest trying a carrot and stick approach, and let him choose between the benefits and the harm.'
'I know!' Xia Yu nodded with a smile, not mentioning that he had already done so before.
Afterwards, Bao Yugang chatted with Xia Yu for a while, and when he saw that it was getting late, he took the opportunity to leave.
That night, Xia Yu called Song Bo again, trying to persuade him once more.
On the phone, Song Bo still didn't relent, and no matter what Xia Yu said, he just said in a kind manner that he hadn't considered it yet, and that once he made a decision, he would definitely contact Xia Yu first...
In short, it was just a bunch of nonsense.
...
Two nights later.
Just as Norman Schiaway was about to turn off the TV and go to bed, Boris Schiaway, the youngest son who liked to fool around, suddenly returned home and brought him some shocking news.
Xia Yu had acquired the shares in Cathay Pacific Airways held by the Song family!!!