章節 1280: Chapter 1280: The consortium is established!
To be honest, nine of the other twenty-one people had never dealt with Xia Yu before.
This could be said to be the first time they had met.
However, he had previously learned about these people, so there was no awkward situation of not knowing anyone.
Even so,
When they met Xia Yu, Chen Yongzai, Xu Huange, Xie Jianlong, Huang Huizhong and the others all took the initiative to lower their positions and greet Xia Yu.
Before deciding to join the Southeast Asian consortium, everyone had a clear understanding that the head of this consortium could only be Xia Yu.
No matter how powerful they were in the local area, when they came to Xia Yu, they had to have the attitude of a subordinate when they visited for the first time.
'With me, there are exactly 22 people, it seems everyone is here, so let's not waste any time and get started,'
Xia Yu said with a smile when everyone had arrived.
After that, everyone sat around the long oval table, Xia Yu sitting at the head, Bao Yugang sitting to his left, and Huo Yingdong to his right.
As for the others, they all sat according to the seat cards placed on the table.
'I won't beat about the bush. We've been friends since the moment we walked in the door, and I'm sure the atmosphere of this meeting will be great, and the outcome will be pleasing.'
After setting the tone, Xia Yu continued:
'Everyone has an agenda for this meeting in front of them, a consortium charter I personally drafted, and a company charter.'
'For the first agenda item, let's discuss and study the consortium charter. Everyone, please take a look, and then discuss and express your opinions.'
After Xia Yu finished speaking, the others did not say a word, but began to flip through the documents. For a while, the only sounds in the room were the rustling of pages and the sound of breathing.
Although Xia Yu was the youngest,
he could be said to have the most experience in establishing consortia among all those present.
Moreover, he had the largest think tank, which had studied the models of consortia in various countries around the world.
Therefore, the 'Southeast Asian Consortium Charter' drafted by him could be said to be quite complete, taking into account the vast majority of aspects.
As expected, after everyone else had read it, only a few people had comments to make. After discussion, one proposal was passed, while the others were all rejected.
The first agenda item was concluded smoothly after only half an hour, without much time being wasted on arguing.
Xia Yu wasted no time and moved on to the second agenda item, which was of substantive significance – the establishment of the administrative body at the top of the consortium.
A Southeast Asian international holding company was to be established, with a board of directors and a shareholders' meeting.
The shareholders would be the 22 people present.
The 22 people are both shareholders and members of the company's board of directors.
The board of directors is divided into three levels: chairman, vice chairman and director.
There is no doubt that Xia Yu will be the first chairman, while there will be three vice chairmen.
After being elected, they are Bao Yugang, Guo Huanian and Huang Yicong.
Huo Yingdong will be the chief supervisor, while the other 17 people will be directors.
Within the board of directors, the chairman has two votes, so there are a total of 23 votes within the board of directors.
The articles of association of Southeast Asia International Holdings were then passed, which clearly stated that the board of directors would serve for a term of three years, the chairman of the board would have a veto power in certain matters, and certain matters would require a vote by the board of directors.
It is worth mentioning that the articles of association of Southeast Asia International Holdings clearly stipulate that the company will never go public. The total share capital of the company is 25,000 shares, with Xia Yu holding the most at 3,000 shares, Bao Yugang and Huo Yingdong each holding 1,500 shares, and the other 19 people each holding 1,000 shares.
This means Xia Yu holds 12% of the shares in Southeast Asia International Holdings.
However, the company's articles of association stipulate that Southeast Asia International Holdings will not be listed, and that any transfer or expansion of shares must be approved by a two-thirds majority of the board of directors. Any private transfer may be ruled invalid, so this shareholding is of great symbolic significance.
Under Southeast Asia International Holdings, there will only be one wholly-owned company, and it will be a bank!
So the third agenda is to determine the financial platform of the consortium.
Since this bank is wholly owned by Southeast Asia International Holdings, as long as there are no problems at the top of the consortium, there is no need to worry about losing control. This is the safest way.
'The most important thing about forming the Southeast Asia consortium is to have a core financial platform. Many of us here, including me, own banks. Let's discuss how to establish this bank.'
'I personally have three suggestions.'
'First, someone should take an existing bank, expand its capital, and accept everyone's shares.'
'Second, everyone works together to set up a number of banks and merge them to form a new bank, with contributions based on the amount of shares owned.
'Third, start from scratch and set up a brand new bank, with everyone contributing according to their shareholding ratio.'
'Let's discuss which is more appropriate, or if there is a better way, we can discuss that as well.'
After saying this, Xia Yu's gaze swept across the faces of the crowd.
Everyone else was also observing the expressions of the others.
Xia Yu noticed that Tan Yau Han, Ng Ee Chung, Tan Eng Chai, Ng Chee Meng, Lee Kong Chian, Ng Hwee Tiong, and Khoo Teck Puat attracted more attention.
Tan Yau Han's family owns Bangkok Bank, Wong Yik Chung's family owns Bank International Indonesia, Tan Eng Chai's family owns Union Bank of the Philippines, Wong Chi Ming's family owns Bangkok Bank (Thailand), Lee Kong Chian's family owns OCBC Bank (Singapore), Wong Wai Chung's family owns Bank of Asia, and Khoo Teck Puat's family, needless to say, has partnered with Xia Yu to establish Kwong Li Wing Hang Bank.
Of course, Xia Yu is the strongest in the banking industry, followed by Chen Youhan, and then Huang Ziming's Jinghua Bank. Huang Yicong and Chen Yongzai's banks are currently relatively weak, and everyone else only holds a partial stake in a certain bank and has no control.
Everyone was lost in thought.
After a long while,
Guo Fangfeng stood up and said,
'This bank was definitely set up to serve our consortium at first, and only after it had built up its strength did it start lending to the outside world. So I personally think it would be better to start a new bank from scratch, and the shareholding would be more reasonable, so that there would be no psychological imbalance.'
Zheng Xinping immediately pointed out the drawbacks: 'But a new bank would have to face the problem of funding, and it would be difficult to attract deposits. Apart from us supporting it, it would be hard to get any outside funding.'
'As the financial core platform of our consortium, it must grow quickly, otherwise it would be bad for all of us.'
'Indeed, Zheng has hit the nail on the head,'
'But even if it expands on the basis of the original bank, a small or medium-sized bank in general is of little use. If it is like HSBC and Standard Chartered Bank, it can have a high starting point,' Xu Huange sighed.
The others nodded subconsciously in agreement.
Of course, they didn't know that Standard Chartered Bank and HSBC were controlled by Xia Yu behind the scenes, and they were just used for comparison.
Xu Huange was also quite clever, and did not mention Xia Yu's Jiuding Bank, which was not inferior to the other two, because he knew very well that this bank would definitely not be brought up, and there was no need to say it to make Xia Yu unhappy.
In his opinion, Chen Youhan's Bangkok Bank was the most suitable to bring up, but since Chen Youhan did not take a stance, he would not take the initiative to mention it.
After all, Chen Youhan's family business was not as scattered as the others present.
The Chen family in Thailand focuses on the banking industry, and the biggest pillar of the family is Bangkok Bank. If he were to give up Bangkok Bank and retain less than 10% of the shares, Chen Youhan would definitely refuse.
At that moment, Chen Youhan suddenly said, 'I have a proposal, everyone may as well listen.'
As soon as the others heard this, they all looked at him.
Chen Youhan continued, 'I agree with the chairman's third proposal to establish a new bank.'
'As for the funding for the development of the new bank, I am willing to offer 30% of the equity of Bangkok Bank to the new bank. Bangkok Bank will become an external bank of the new bank and supply funds to the new bank through interbank lending.'
Xia Yu's expression changed slightly, and he looked at Chen Youhan with some surprise. He instantly understood his intention.
There was no doubt that the consortium bank supported by 22 forces would have a bright future and the potential to develop into a top global bank. Such a bank, with its reach across Southeast Asia, would certainly have a huge impact on banks in the same field, and Bangkok Bank would be no exception.
However, as a bank of the Southeast Asian consortium, Bangkok Bank cannot stop its rise.
Since it cannot fight back, Chen Youhan thought about integrating into it, allowing Bangkok Bank to absorb the nutrients of the consortium bank. Although the funds are lent to the consortium bank, the interest will still be collected. Even if it is one point more than the deposit of the depositor, the profit will be very considerable with a large amount of funds.
After all, for banks, once they have attracted enough deposits, the question of how to invest them profitably is a very profound one.
More capital is not necessarily better; what is good is being able to lend it out at low risk and successfully collect the loans. Otherwise, if you can't find a place to invest the capital, you will lose money.
Everyone here is the best quality customer in the banking industry, so the risk of the consortium's bank is relatively small compared to the business risk of Bank PanGu. It is a cost-effective long-term deal to hand over the money to the consortium bank for investment, and Bank PanGu skims a small profit in the middle.
Compared to this, it is definitely cost-effective to give up 30% of your equity to ensure peace of mind and buy the future.
Everyone else had also figured this out.
Huang Yicong and Chen Yongzhai took turns to make their positions clear.
'I am also willing to give up 30% of my equity in Bank International Indonesia.'
'I am willing to transfer 30% of my equity in Union Bank of the Philippines.'
By joining forces with the consortium banks, the two small local banks, Bank International Indonesia and Union Bank of the Philippines, would definitely be able to rise even faster. However, the pressure on other banks in the two countries would be even greater.
Seeing this, Xia Yu also smiled and said, 'Then I will also contribute a little. I will take out 15% of the equity of each of Hong Kong's Sun Hung Kai Bank and Malaysia's Kwong Lee Wing Hang Bank, and these two banks will also become the peripheral banks of the consortium bank.'
'Haha!'
'Clap!'
'So, even before the consortium bank is registered, it already has five peripheral banks supplying blood. Together, these five banks already cover the entire Southeast Asia.'
Bao Yu laughed loudly and applauded.
The others also smiled.
'So the next question is the name and registered capital of the bank. What do you think the name should be and how should the capital be paid in?'
Seeing that everyone had no objections, Xia Yu asked the two most critical questions.
'Chairman, why don't you come up with a name?'
Hu Yingxiang finished, and the others responded one after the other.
'Yes, it is more appropriate for you to come up with the name of the bank.'
'...'
The crowd was too kind to refuse, and Xia Yu could only reluctantly agree. After thinking for a moment, he said with a smile, 'How about we call it the Southeast Asian Development Bank?'
'That's a good name, it fits the consortium, I support it.'
'I support it!'
'Why don't we vote on it?'
As soon as Debert Chiu finished speaking, everyone except Xia Yu raised their hands in agreement, giving Xia Yu face.
Xia Yu's smile grew even wider, and he thanked them, 'I've embarrassed myself, thank you all for your recognition.'
'Then, if there are any more questions, how much capital should we raise?'
'We need to consider that this capital, apart from being used initially, will also be needed to acquire the shares of the five banks, so it cannot be too small.'
Everyone fell into thought, but Huo Yingdong was the first to propose:
'How about 1,000 shares as one unit, corresponding to an injection of 100 million US dollars?'
'This should not be too much pressure on everyone.'
'And with the 2.5 billion US dollars of capital injection, after buying the shares of the five banks, there will still be a large surplus, which is enough to cope with the initial development.'
'Okay, I have no objections.'
'I have no objections either.'
...
After everyone had reached a consensus, it was decided that Xia Yu would need to pay a registered capital of 300 million US dollars to Southeast Asia International Holdings, with the 22 people contributing a total of 2.5 billion US dollars.
This 2.5 billion US dollars would all be handed over to the Southeast Asian Development Bank.
After the third agenda item was concluded, the next two were even easier.
It wasn't until around 11:30 that all the agenda items were concluded.
With everyone congratulating each other, the Southeast Asian consortium was officially announced!
'Lunch is at 12 o'clock sharp, so there's still more than half an hour to go.'
'I have a nice present for everyone.'
Xia Yu's words piqued the curiosity of the others.
'Oh? There's a present, that's unexpected!'
'...'
While everyone was chatting and laughing, Xia Yu personally opened a box on the side table and took out a number of packaged mobile phones, which he passed around so that everyone could have one.
'The mobile phone produced by my company is convenient for communication.'
'Let's open them and take a look first.'
'Is this as easy to use as a phone?'
Chen Yongzai asked, holding the huge mobile phone and looking at the digital buttons on it.
'It's a phone, just mobile.'
'I see everyone has taken them out, so let me introduce it to you.'
Xia Yu replied briefly, taking a quick look around to see that everyone had taken out their phones.
'This phone was produced by Tiangong Electronics in collaboration with Motorola in the United States. The model is the Tiangong Motorola K101. It is not yet available for sale, and what you are holding in your hands is an advance production prototype.'
'The use of a mobile phone requires the transmission and reception of mobile signals from signal base stations. Hong Kong and Macau have mobile base stations built by the Hong Kong Telephone Company, which provides mobile communication services. In other words, at present, this phone can only be used normally in Macau and Hong Kong, and there is no signal in Southeast Asia for the time being.'
'Each phone already has a SIM card with a carefully selected number, which has been activated and can be used now, but the identity has not yet been bound. You can bind it later.'
'The numbers are all affixed to the phone box, and everyone's number is recorded on an A4 sheet of paper, which is the top sheet after the box is opened. Try dialling it.'
每周推薦票狀態
-- 推薦票
榜單 
-- 推薦票