Chapter 817: Calculation and Countermeasure

"Mr. Kadoorie, it's been a pleasure working together!'

After exchanging the agreement, Jason Gregg got up and shook Michael Kadoorie's hand, smiling.

Michael Kadoorie's mouth twitched, and he gave a very perfunctory smile, saying, 'Mr. Gregg, the agreement has been signed, so now let's complete the transfer as soon as possible.'

'Then let's go! Before it gets too late!'

Jason Gregg shrugged, without any further delay, and took Michael Kadoorie to the bank to make the transfer.

The transfer took a little longer, and once it was confirmed that the funds had been received, Michael Kadoorie made an excuse to leave, not even bothering to look at the shares he had traded.

Jason Gregg, on the other hand, took the agreement and the share certificate to Xia Yu to deliver the task.

In this negotiation, Jason Gregg completely took the initiative.

However, he also knew when to stop, and did not push Michael Kadoorie too hard.

Previously, Ji Wei, the general manager of Jiuding Hotel Management Group, had used his rights as a major shareholder and chairman of the board to issue additional shares at a price two Hong Kong dollars below the stock price, blatantly cutting into the Kadoorie family's flesh. The Kadoorie family could only passively accept it helplessly, and the Hong Kong Monetary Authority really couldn't do anything about it.

After all, when a major shareholder of a listed company issues additional shares, they are basically issued at a price below the market price due to the issue of additional shares. As long as it is not unreasonably low, there is no problem.

Therefore, Ji Wei had laid a good foundation for him. With this precedent in hand, Michael Kadoorie simply could not afford to be stubborn. In the end, it was agreed that the transaction would be based on the share price when Shanghainese Hotel Group was suspended from trading, and all the shares held by the Kadoorie family would be sold. In the end, the total transaction amount was calculated to be 190.43 million Hong Kong dollars.

In this way, the final minor obstacle to the division of the assets of Hong Kong Shanghu Hotel Group was cleared, and the next step was between Jiuding Hotel Management Group, Standard Accounting Firm and the Liang family.

Jiuding Insurance Company had a winning start, and Jiuding Securities Company and Jiuding Bank, which were holding the big stick, did not disappoint Xia Yu.

The two companies each took over a minority shareholder, increasing the Jiuding consortium's stake to 48.3%, and the gap to more than 50% was getting smaller and smaller, and victory was beckoning to them!

...

Central, Hong Kong Island, Hong Kong Rothschild & Sons Ltd.

Charles Rothschild's smile immediately faded after he finished talking to Xia Yu.

Sitting on the sofa, Sean Rothschild, who had been quiet, said, 'Father, was Xia Yu asking about the progress of the acquisition again?'

Charles Rothschild nodded slightly and said, "Hmm!'

Sean Rothschild asked, "So should we transfer the shares to him now? The current share price has risen to HK$25, an increase of 19% compared to the beginning.

'Now that the Jiuding consortium has acquired the shares of two minority shareholders, their shareholding ratio should not be low, will it be close to 50%?'

At the end of the day, Sean Lawhill was a little worried.

He was worried that the Jiuding consortium would unknowingly reach a 50% shareholding ratio in China Power Company.

If they wanted to make a profit from speculation, they had to seize the opportunity.

The current situation is not the best time. The best time is when the shareholding of the Jiuding consortium or the Kadoorie family is not far apart, and both are close to a 50% controlling stake.

Even if the shareholding determines whether to sell to Xia Yu, it can also be sold at a high price.

However, if the Jiuding consortium's shareholding reaches 50%, then it does not matter whether other shares are acquired or not. Reaching a 50% shareholding ratio will allow them to control the shareholders' meeting, and thus the board of directors and the supervisory board.

With the strength of the Jiuding consortium, even if CLP Power Hong Kong has been ruled by the Kadoorie family for 80 or 90 years, the Jiuding consortium can still force a takeover. At worst, there will be a major purge, but the Jiuding consortium can afford the consequences of a purge.

Don't forget that the Jiuding consortium itself owns Hongkong Electric, another giant in the power industry. Even if there is a purge at CLP Power Hong Kong, it can immediately replace and supplement personnel to maximise the normal operation of CLP Power Hong Kong.

In this way, the Jiuding Consortium controls CLP Power, and whether the other shareholders are round or flat depends entirely on Xia Yu's mood.

If Xia Yu is ruthless, he can simply replace the prince with a fox, or embezzle, and completely turn CLP Power into a loss, causing the stock price to plummet.

Just as the scallops in Zhangzidao Island can die in a variety of ways, CLP Power can also lose money in a variety of ways.

The Rothschild father and son's speculation will definitely fail, depending on whether Xia Yu wants to save face for them.

Seeing his son looking a little worried, Charles Rothschild also fell into deep thought, quickly weighing up the shareholding of the Jiuding Consortium in his heart.

To be honest, although Charles Lochir had done his best to keep an eye on Xia Yu's every move, Xia Yu was no pushover and would not let anyone see through him. Therefore, Charles Lochir had no idea how much of China Power's shares had been acquired by the Jiuding consortium.

As far as Charles Lochir knew, Standard Chartered Bank held some, Jiuding Bank was also acquiring them, and Jiuding Securities had never stopped.

After some quick calculations, he estimated that the Jiuding consortium should now be the de facto largest shareholder, with a shareholding of between 37% and 42%.

The Jiuding consortium and the Kadoorie family would probably be locked in a battle for some time.

The Kadoorie family, which had already raised a large sum of money, would not be lacking in fighting spirit, so the competition would be fierce. The current share price of China Light and Power was just the beginning.

Thinking about this, Charles Rothschild decided to wait and see for a while, and said to Sean Rothschild, 'Sean, there's no rush. Even though the Jiuding Consortium is very powerful in Hong Kong, it is simply impossible to acquire more than half of the shares in such a short period of time. Therefore, there is still a large gap before they can reach the 50% controlling stake. Let's wait a bit. This is a good opportunity to make a profit!'

Upon hearing his father's words, Sean Rothschild could only agree. He wiped away his worries and replied, 'Okay, Father, let's wait a bit longer.'

...

Two blossoming flowers each represent a branch.

A little while later, after Xia Yu finished talking with Charles Rothschild, a sneer curled the corner of his mouth.

'A dog never stops crapping on the same spot. It really is the Rothschild family's usual style of doing things.'

'Fortunately, we had already installed a bug in Shi Yahuai's mansion long ago, otherwise we would have been kept in the dark. Charles Rothschild is truly worthy of the name Jew, not letting go of any opportunity to speculate.'

'They acquired the shares held by the Swire Group early on, but pretended not to, waiting for the stock price to be driven up before fleecing me again.'

'If I really had been kept in the dark and bought their shares, I would have to thank them for bleeding me dry. Haha, it's a good thing to have earned goodwill and made money...'

'Fortunately, I never relied on them from the start. It's always a good idea to have a few measures ready at all times!'

After a sneer, Xia Yu's face was full of indifference. He picked up the phone, dialed a series of numbers, and in a moment, the phone connected.

He picked up the receiver and ordered, 'Gars, do it now!'