“Boss, as a result of the “South China Morning Put up” firm is already listed, it is extremely troublesome to amass. In case you are not cautious, it’s straightforward to leak data, inflicting hassle to our acquisition plan, and even inflicting the plan to go bankrupt.”
“So for the sake of warning, I first began investigating the possession of the South China Morning Put up, in addition to the scenario of shareholders and the problem of the acquisition. There was an in depth consequence simply yesterday.”
“The most important shareholder of the South China Morning Put up is HSBC, which owns 32% of the shares and serves because the controlling shareholder.”
“The second shareholder is the Carey household, holding 10.8%.”
“The third shareholder is the Edmond household, holding 9.5%.”
“Apart from the highest three shareholders, the next shareholders maintain comparatively small shares. The fourth to tenth shareholders collectively maintain 11.6% of the shares.”
“The remaining 36.1% of the fairness is scattered within the inventory market. The entire market worth of the South China Morning Put up is just about 10.2 million Hong Kong {dollars}. The worth is so low primarily due to the affect of the Asian Wall Road Journal. The market’s confidence within the South China Morning Put up is considerably low. .”
“However I discovered an issue, that’s, the Carey household and the Edmond household are one of many constituent households of the Jardine Consortium. They’re intently united with the Keswick household. Our relationship with the British capital is comparatively poor, so the acquisition It is too troublesome to hit a query mark.”
“Boss, that is the scenario.”
After talking, Yan Wenhan checked out Xia Yu, hoping that he would make up his thoughts.
Xia Yu frowned barely and his mind turned at a excessive pace. He did not anticipate this to be the case with the fairness of the South China Morning Put up.
It’s clearly a Chinese language-run newspaper, and now the fairness is concentrated within the palms of the British. It’s laborious to think about what occurred earlier than.
Since that is the case, Yan Wenhan’s warning just isn’t unreasonable.
His relationship with British capital is certainly very poor, to not point out the Qingzhou Yingni Firm’s affairs. From the event of the corporate throughout this era, we are able to see indicators of growth.
Virtually all corporations that come to the newspapers or magazines of Jiuding Newspaper to promote within the newspapers or magazines are Chinese language-funded corporations, and few British-funded corporations come.
Furthermore, when a senior official of the Hong Kong authorities chatted with Xia Yu, he additionally revealed one thing. The senior officers representing the pursuits of the British consortium weren’t pleasant to Jiuding Firm and Xia Yu, which may mirror some issues. .
Nonetheless, the industries Xia Yu is at present concerned in are the media, comics, publishing and securities industries, whereas the British consortium is especially concerned in giant industries and numerous industries involving individuals’s livelihoods. The one estimate that overlaps with Xia Yu is the media and securities industries.
Nonetheless, within the media trade, that’s, the paper media trade that Jiuding Newspaper Co., Ltd. is concerned in, British-funded consortia not often become involved, and they’re primarily Chinese language-owned.
One other Jiuding Newspaper Firm is just too sturdy, so Xia Yu can hardly be utilized in enterprise except Xia Yu is moved from the federal government stage.
However this isn’t reasonable. The media trade is just too particular and delicate, and the menace is just too nice. With no good excuse to kill Jiuding Newspaper Firm, it is going to undoubtedly face a frantic counterattack.
One other securities trade, it’s even much less more likely to have a violent battle with Xia Yu, except the British consortium is flooded.
Due to this fact, due to these goal causes, the contradiction between Xia Yu and the British consortium was not clear, however Xia Yu was tacitly resisted and suppressed by the British capital.
Crucial level is that Xia Yu heard that the primary inheritor of the Keswick household, the core household of the Jardine Consortium, as soon as expressed dissatisfaction with Xia Yu at a British gathering, and his perspective was not pleasant.
The Carey household and the Edmond household are additionally two small households within the Jardine Consortium. In the event that they study that Xia Yu’s firm needs to amass the South China Morning Put up, it is extremely possible that they’ll refuse and even trigger Xia Yu Hinder.
In any case, the “South China Morning Put up” is price about 10 million Hong Kong {dollars}, and greater than 20% of the fairness is greater than 2 million Hong Kong {dollars}. For the Jardine Consortium, it’s a small amount of cash, and it isn’t price it.
So it is extremely possible that he won’t sit again and watch Xia Yu develop once more.
“This must be guarded. You probably did the proper factor. You did not danger the acquisition.”
“However since you’ve got investigated it clearly, there’s a resolution to it.”
After pondering for some time, Xia Yu considered a manner, and his brows stretched out.
Listening to what Xia Yu mentioned, Yan Wenhan lifted his spirits and checked out Xia Yu expectantly.
“There are additionally 36.1% scattered outdoors, so the scattered shares, I’ll organize for Jiuding Securities to purchase secretly.”
“I am going to go to Shen Bi from HSBC. I feel he’ll promote my face. It’s not handy for us to come back ahead, however we are able to ask HSBC to assist us purchase it. It should not be troublesome.”
“When our fairness exceeds 75%, we can be pressured to delist. If others are sensible, they’ll undoubtedly promote us the inventory.”
“So, for the acquisition of the South China Morning Put up, I’ll first go to HSBC, and after reaching the intention, you’ll be accountable for taking up.”
Xia Yu mentioned slowly, after which immediately determined.
“Okay!”
Yan Wenhan mentioned flippantly, for the reason that boss will come out in particular person, along with his connections, there ought to be no issues, so he can relaxation assured.
Later, Xia Yu first made an appointment with HSBC and realized that Shen Bi had time within the afternoon to obtain Xia Yu on the HSBC headquarters.
Within the afternoon, seeing that it was virtually time, Xia Yu went to HSBC and adopted the reception employees to Shen Bi’s workplace, the place Shen Bi had already made tea and waited.
“Shen Sheng, good afternoon!”
Xia Yu smiled and quickened his tempo, and walked to Shen Bi to shake palms with him.
“Good afternoon, Xia Sheng, welcome to you.”
Shen Bi confirmed a sort smile, shook palms with Xia Yu, after which made a please gesture, Xia Yu sat down.
After three rounds of tea, Xia Yu put down his teacup and ready to speak about enterprise.
Shen Bi moved inwardly, realizing that the enterprise was coming, and gently put down the teacup, leaning ahead barely.
“Shen Sheng, I’m right here this time to debate some enterprise together with your firm.”
“The primary intention is to borrow a sum of cash.”
Xia Yu mentioned with a smile.
Listening to that it turned out to be a mortgage, Shen Bi’s face was shiny, and Xia Yu lastly got here to him for a mortgage, which is actually uncommon!
He mentioned loudly: “It is okay, I do not know the way a lot you should borrow?”
“I’m going to borrow 20 million Hong Kong {dollars}, UU Studying will use the title of Jiuding Newspaper Firm to make a mortgage.”
After Xia Yu completed talking, Shen Bi’s eyes lit up and his smile grew to become brighter. He immediately agreed: “No downside, you may launch it as we speak.”
Xia Yu’s Jiuding Newspaper Firm might be mentioned to be a gem. Jiuding Newspaper Firm’s checking account was opened with HSBC. Shen Bi is aware of how a lot cash there may be.
Furthermore, due to the explosive development of Jiuding Newspaper Firm, HSBC has elevated its creditworthiness. Now Jiuding Newspaper Firm needs to borrow 20 million Hong Kong {dollars}. It could not be simpler. Shen Bi regrets it. Xia Yu didn’t lend a little bit extra.
As for why Jiuding Newspaper Firm, which has developed such a well-developed newspaper, wants a mortgage, Shen Bi didn’t even ask about it. It was not crucial in any respect. He additionally solely loaned 20 million yuan. Even one-tenth of Jiuding Newspaper Firm’s property is not so good as that. To point out his ambiance, Bo Xiayu’s goodwill.
“Then thanks Shen Sheng.”
Xia Yu confirmed a contact of gratitude and nodded in the direction of Shen Bi.