Central, Hong Kong Island, Baoyuan Investment Company.
Lawrence Kadoorie is coordinating the acquisition of shares, and the results are quite satisfactory. He has already acquired a total of 2.79 million shares of CLP Power Hong Kong, accounting for 3.1% of the total share capital.
Just then, a sound of footsteps came from far away, and as Lawrence Kadoorie looked in the direction of the sound, he suddenly looked surprised, and his eyebrows unconsciously furrowed.
The two people who came with him were the company's largest and second largest shareholders, respectively, Walker Marion, a representative of the Schroder Group, and Baker Jerry, vice president of Standard Chartered Bank.
Over the past year, the representatives of the two major shareholders have rarely visited the company except for board meetings, and they have never come together.
Now that the two have come together, Roland Kadoorie, who has been on edge and highly nervous due to the events of the past period, suddenly has a bad feeling.
However, he does not show it, and gets up to enthusiastically walk towards the two.
'Mr. Marion, Mr. Jerry, you are also here at the company. It's been a long time, I'm really happy to see you!'
Roland Kadoorie shook hands with a smile and greeted the two men.
Beck Jerry, Vice President of Standard Chartered Bank, was a little cold, just smiling and nodding and saying hello, then let go of his hand.
Walker Marion, on the other hand, shook Roland Kadoorie's hand for a longer time, but the former looked at the latter with a strange gaze.
The bad feeling in the sensitive Roland Kadoorie's heart became even stronger.
He immediately smiled without saying a word and asked, 'Mr. Marion, Mr. Jerry, do you have any work instructions for this visit?'
Walker Marion smiled and didn't say a word, but looked at Baker Jerry.
Baker Jerry said indifferently, 'Mr. Kadoorie, Mr. Marion was summoned by me. We at Standard Chartered Bank have a proposal that needs to be discussed at the board meeting.'
'If you're not busy now, shall we go to the office?'
Roland Kadoorie's face was a little solemn, and he nodded, saying, 'No problem, you go ahead, wait for me for two minutes, I'll arrange my work first.'
Walker Marion heard this and his mouth twitched, as if he had thought of something interesting, but he didn't say anything either. He nodded to Roland Kadoorie and walked towards the other side of the corridor.
The two men's vastly different attitudes made Lawrence Kadoorie unable to help but indulge in idle speculation. After hastily arranging his work, he slowed down and walked towards the small conference room, pondering the real reason for the two men's visit as he walked.
The journey, which should have taken twenty seconds, took Lawrence Kadoorie more than one hundred seconds, and he felt like every second was so long.
However, no matter how long he took, he eventually arrived at the door of the small conference room and saw the two men laughing and chatting inside.
After sitting down in his usual place, Roland Kadoorie scanned the faces of the two men before him, and after a moment of silence, he took a deep breath and asked, 'Mr. Jerry, Mr. Marion, can we talk now? What is so urgent that it couldn't wait until the regular meeting?'
Facing this question from Lawrence Kadoorie, Walker Marion once again chose to remain silent, turning his gaze to Baker Jerry, clearly trying to show that although he was the representative of the largest shareholder, the dominant party in the matter to be dealt with next was Standard Chartered Bank.
Baker Jerry had no psychological burden, but also slightly gave Lawrence Kadoorie face, praising him before stepping in.
'Mr Kadoorie, we have also been working together for many years, and we have seen what you have done for the company. Regardless of the results, you have at least done your best, and I have to thank you for your dedication to the company.'
Although it was flattery, it sounded strange coming from Roland Kadoorie's ears. It was an odd way to give someone a compliment.
Then Baker Jerry changed the subject and said, 'But in business, efficiency and returns are the key. Among companies around the world, there are many whose employees work hard but don't achieve good results. The financial industry is the most competitive industry, with the highest demands for results. But unfortunately, over the past few years, our company's results have not been high.'
'Therefore, in order for the company to develop better, I believe the company needs to replace its leadership and adjust its business strategy. Therefore, I propose that we re-elect the chairman of the board.'
Boom!
Roland Kadoorie felt like he had been struck by lightning. His eyes widened in disbelief as he looked at the expressionless Baker Jerry.
After confirming that he was not joking, Roland Kadoorie looked sharply at Walker Marion, who shrugged his shoulders in a more definitive manner.
The instigator was Baker Jerry, who must have planned this for a long time. And even though he was the vice president of Standard Chartered Bank, he had no right to make this decision, so it must have been ordered by Gars Liddell.
Therefore, Lawrence Kadoorie gave up on persuading him and turned to Walker Marion to launch a persuasion campaign, trying to change his mind. As long as he changed his position, then with Standard Chartered Bank's 35% stake, he still couldn't shake his position as chairman of the board.
'Mr. Marion, you should be able to see how much I have contributed to the company. The company's poor performance in the past was due to the impact of the macro environment, the stock market crash and political factors, which caused financial companies in Hong Kong to suffer. Baoyuan Investment Company's revenue growth was quite good. Since last year, the company's revenue and asset growth rates have increased significantly...'
It seemed that the desire to survive had exploded, making Lawrence Kadoorie's thoughts surprisingly clear, and he spoke eloquently.
But Walker Marion listened quietly without saying a word.
Baker Jerry's mouth curled slightly, and leaning back in his chair, he crossed his hands, as if he wasn't worried at all.
When Roland Kadoorie had finally finished after five minutes, Walker Marion shook his head regretfully and said apologetically, 'Mr. Kadoorie, I'm really sorry, but I'm just an executive. The group decides on specific matters, and I have no right to change them. Today, I'm just speaking on behalf of the group, that's all.'
'Then the matter is clear. There is no point in talking about it any more. Let's vote. I propose re-electing the chairman of the board.'
Baker Jerry spoke directly in front of Lawrence Kadoorie and raised his hand.
Rolandas Kadoorie's eyes were about to pop out of their sockets when Walker Marion slowly raised his hand.
The majority shareholder and the second largest shareholder agreed, with 35% plus 45% of the shares, totalling 80% of the voting rights, voting in favour of the proposal. Rolandas Kadoorie's status as chairman of the board was instantly lost.
Rolandas Kadoorie only felt his adrenaline pumping, his blood rushing to his head, his vision filled with stars, and he gasped for breath.
Walker Marion was so scared that he immediately got up and tried to help him, fearing that he might have an accident. After all, he was over eighty years old and his organs and blood vessels were already quite fragile.
Baker Jerry, on the other hand, was worried, but after hesitating for a moment, he just sat still in his seat.
After a long while, Kadoorie pushed Walker Marion's hand away, his face looking terrible, and his eyes staring coldly at Baker Jerry as he asked, 'Mr. Jerry, I want to know, did the Jiuding Consortium tell you to do this!'
Baker Jerry spread his hands expressionlessly and said indifferently, 'No comment!'
Roland Kadoorie was taken aback, took a deep breath, and asked angrily, 'So are you the new chairman of the board? Don't say no comment, I'm a shareholder of the company and have the right to know who it is!'
'It's me!'
Just as Baker Jerry was about to say who it was, the door to the small conference room suddenly opened, and a calm and deep male voice suddenly sounded.