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64.71% Rebirth of the Strongest Tycoon / Chapter 993: Chapter 993: The opening is full of smoke

章節 993: Chapter 993: The opening is full of smoke

Norman Shi Yahuai did not reply, but directly demonstrated his attitude with practical actions.

He immediately went to the table in the corner where he had left his phone and dialed the office number of Swire Finance. As soon as he got through, he ordered, 'This is Norman Shih Yawei. At any cost, do your best to buy up the shares of Hong Kong Aircraft Engineering Company. Act now...'

Norman Shih Yawei spoke for less than a minute before decisively hanging up the phone to avoid delaying Swire Finance's actions.

After hanging up the phone, Norman Shih Yawei had a gloomy face and a messy mood.

Wang Qi had not told him that he had already moved against Hong Kong Aircraft Engineering Company, and now such a massive attack had put him under enormous pressure.

The main reason for this was the shareholding structure of Hong Kong Aircraft Engineering Company.

Swire Pacific originally held a 26.2% stake in Hong Kong Aircraft Engineering Company, making it the largest shareholder, and together with Cathay Pacific Airways, the second largest shareholder with a 24.8% stake, they controlled the company, with the two companies combined holding 51% of the shares.

However, some time ago, in order to replace the equity of Dongfeng Airlines, Swire Pacific offered 2.78% of the shares of Hong Kong Aircraft Engineering Company for exchange, which resulted in Swire Pacific's shareholding being reduced to 23.42%, making it the second largest shareholder, below Cathay Pacific.

In general, this is not a problem, after all, even with 2.78% less equity, the cumulative shareholding of Swire Pacific and Cathay Pacific still reached 48.22%, very close to the 50% line, and a small acquisition of some shares from the secondary market would be enough.

But the situation is completely different now!

Cathay Pacific's control is about to be taken away, so with the intervention of Jiuding Industrial Group, it will definitely not be united with Swire Pacific.

The only thing that can be 100% effective is the shares directly held by Swire Pacific.

If Jiuding Securities acquires a high enough stake, then there will be big trouble...

Norman Shi Yawei is now afraid that Jiuding Securities has secretly acquired a large enough stake.

But in any case, joining the scramble for shares is the only way to go, even if the price is inflated several times over. Even if he doesn't get it, he will make Jiuding Securities bleed!

When you don't know the enemy's situation, you have to go all out if you don't want to lose!

Nodding slightly, Norman Shi Yawai came back to his senses and instructed Wade Shi Yawai, 'Wade, you go to Cathay Pacific right now and do what I just told you.

'As for Hong Kong Airport Ground Services...'

At this, Norman Shi Yawai's face showed a complex expression, and after a moment of thought, he commanded Wei De Shi Yawai, 'You arrange for a capable subordinate to go there, and do your best to hold on!'

Norman Shi Yawai did not say any more discouraging or demotivating words. After all, the situation of Hong Kong Airport Ground Services was even worse than that of Cathay Pacific Airways. It was completely fighting with only underwear on, and not to mention the others, even he himself had no confidence.

Wade Shijiahuai nodded solemnly: 'Uncle, I'll go arrange it right now!'

Norman Shijiahuai patted his nephew on the shoulder and said solemnly, 'Go ahead, I'll be in the middle of the kilometres to make arrangements. If there's any situation, report back immediately!'

Wade Shijiahuai didn't say anything more, nodded heavily to show his attitude, and then turned around and left quickly.

...

When Wade Shiyahuai hurriedly arrived at Cathay Pacific, it was obvious that the company's employees were all in a panic and were not in a state to work.

Some employees just shouted 'Chairman' when they saw him and then stopped.

Wade Shiyahuai didn't care about these employees with different minds, asked someone for the situation, and immediately got into the elevator, rushing to the conference room on the fifth floor.

The Cathay Pacific conference room is divided into an inner and an outer room. The large and small conference rooms are connected like a gourd, separated only by a wall and a door in the middle.

When Wade Shiyahuai appeared at the door of the large conference room, he immediately attracted the attention of a group of people inside the conference room.

Wade Shiyahuai glanced at them and instantly recognised that these were the senior management, directors and supervisors of Cathay Pacific Airways.

Except for those on business trips, almost all of them were here. However, these people were in groups of three or five, obviously gathering together.

Among the three types of people – company executives, directors and supervisors – the most chaotic group was the directors, who were divided into five groups.

The largest group had nine people, seven of whom were directors belonging to the Swire Pacific Airlines seat. The other two directors were Zhang Dasheng (formerly known as Malcom Templars), the director appointed by Hong Kong Airport Ground Services, and Fan Keming (formerly known as Matt Arnold), the director appointed by Hong Kong Aircraft Engineering Company.

Then there was a group of four directors from HSBC, led by the company's vice chairman, William Liu.

The two directors from the Song Bo group, excluding Song Bo himself, and the director from the Standard Chartered Bank group, excluding Standard Chartered Bank vice president Baker Jerry, got together.

The seven independent directors hired according to the Articles of Association to guide the company's development walked more on the periphery, getting together to observe the strange situation in the room.

Finally, there were the three people in the middle of the meeting room, or two people with board member status and one without!

These three people were not only the focus of Wade Schiaway's attention, but also the focal point of the entire meeting room.

The three people were:

Wei Li, Vice President of Jiuding Industrial Group and President of Hutchison Whampoa!

Baker Jerry, Vice President of Standard Chartered Bank and Director of Cathay Pacific Airways!

And Song Bo, current Vice Chairman of Cathay Pacific Airways and head of the Song family!

None of them were good guys!

At that moment, Wei Li, sitting in the middle, stood up with a smile and said to Wade Schiaway, 'Mr. Wade Schiaway, you've finally arrived. Now that all the shareholders are here, let's call an extraordinary general meeting of shareholders!'

'Mr. Wade Schiaway, please come up and take your seat?'

Willy took his place, and this attitude of taking ownership of the situation made Weid Shiyahuai's heart rise in anger, but considering the occasion and the fact that everyone was watching, he could only force himself to hold back.

He walked straight to the stage with a dark face, and only paused when he passed by the group of directors belonging to Swire Pacific Airlines and glanced at a few of them before continuing on.

After Wade Schiaway took his seat according to the seat sign, the other directors, supervisors, senior management and other attendees also took their seats accordingly.

Interestingly, since this was a shareholders' meeting, the protagonists could only be the shareholders. The top row only had four people: Veri, Wade Schiaway, Frank Ming and Zhang Dasheng, all of whom had voting rights as representatives of equity.

Baker Jerry and Song Bo, who had lost their status as shareholders due to the loss of their equity, still sat in the middle of the bottom row as company directors, attending the meeting.

The reason was simple.

Since the equity of Standard Chartered Bank and the Song family had been transferred to Jinding Industrial Group, they had lost their status as shareholders.

However, the board of directors had not been re-elected, so despite losing their status as shareholders, their status on the board of directors had not changed according to the Company Law and the Articles of Association of Cathay Pacific Airways Co., Ltd.

The only difference is that they have gone from being shareholders with the right to speak to being non-voting attendees.

'The person closest to the door closes it!'

Wei Li shouted, and after seeing someone close the door, he continued, 'Now I declare the extraordinary general meeting of shareholders...'

Wei Li's words were cut short by a blunt interruption from Wei De Shiyahui: 'Wait a minute, before the meeting starts, I need to verify your shareholder status!'

Suddenly, the atmosphere in the venue became tense, and the smell of gunpowder gradually filled the air. Everyone stared closely at the podium, their gazes flickering between Wery and Wade Schiawai.


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