Chapter 269 Mr. Li Was so Upset that His Heart Was Broken!
The fireworks show at the Repulse Bay Villa ended at around 10pm.
Bao Yugang couldn't sleep all night in the study, always feeling like something else would happen tonight.
Before dawn, Wu Guangzhen and Su Yanwen received calls from their friends in the journalistic community at the same time. Their own journalist friends told them.
Just now, the Imperial Group will hold a press conference at the Federal Building. We don’t know what the news is yet. However, judging from the press conference, except for the chairman, Mr. Yang, all the senior management of the Imperial Group will be present.
At that moment, either Wu Guangzhen or Su Yanwen was there.
There's definitely big news coming from Mr. Yang and Imperial Group.
When the two of them immediately came to the study to see Bao Yugang.
"Father, I just received a call from a journalist friend, saying that the Imperial Group will have important news to announce."
Wu Guangzhen said hurriedly.
"Father, I just received a call from a journalist friend."
When Bao Yugang heard this, he wondered if he had really guessed it right. Imperial Group and Mr. Yang had another important press conference.
Isn't it related to the shipping industry again?
"Let's wait first."
0:40pm.
The landline phone in Bao Yugang's study also rang, and Wu Guangzhen went to answer it.
Soon, listen to it.
"Father, eldest brother-in-law, the Imperial Group did have a very important news release. It is about the Imperial Group being the largest shareholder of Xiangjiang Electric Lighting Company, occupying 28% of the shares. It has now officially announced that it will purchase an additional 49% of the shares, of which , a premium of 30% of the stock price of Xiangjiang Electric Company on the previous trading day!”
30% share price premium?
Under normal circumstances, this price is naturally not low.
Impossible, all acquisitions are based on several times, or even ten times the market value of the stock price.
This is simply impossible!
The most important thing is that the Imperial Group is already the largest shareholder of Xiangjiang Electric Lighting Company. Since there are no other family shareholders in Xiangjiang Electric Lighting Company, it is not difficult for Yang Ming to control Xiangjiang Electric Lighting Company.
After hearing the news, Bao Yugang didn't have anything on his face, as long as it wasn't news related to the shipping industry.
"Father, Mr. Yang is so powerful. In October, he just acquired the Xiangjiang Water Company, and now he has acquired the Xiangjiang Electric Lighting Company. It seems that Mr. Yang will monopolize the public utilities in Xiangjiang." Wu Guangzhen said with an envious look.
Heung Kong Electric Company is the fourth largest listed company in Hong Kong in terms of total market value. Its capital flow and profits are very stable. Its market value is more than HK$1 billion compared to China Electric Power, which is controlled by the Kadoorie family. This is enough to illustrate the scale and strength of Heung Kong Electric Company.
Now, it has been easily swallowed up by the Imperial Group and Mr. Yang.
"Guang Zhen, Yan Wen, Mr. Yang has such strength, we should congratulate him." Bao Yugang said.
As long as it didn't involve the shipping industry, he didn't think about it anymore.
Moreover, he has given up the plan of abandoning the boat and landing.
Now the main focus is to maintain and expand his position in the maritime kingdom's shipping industry, so the Bao family's strength is still very strong in Hong Kong, and even globally.
"Father, we really want to congratulate Mr. Yang."
"You guys go and rest first, so you don't wake up anyone else."
Wu Guangzhen and Su Yiwen went out first.
Bao Yugang is still there in the study.
Although he already knew that Mr. Yang and the Imperial Group were powerful, he did not expect that the Imperial Group would be so powerful.
Mr. Yang's business expansion seems to have never stopped.
In addition to those on land, he is now also seen on the sea.
Give birth to a child like Yang Ming!
Bao Yugang sighed again.
For him, it is not that he is jealous and jealous of Mr. Yang, but that he should get to know him better.
Bao Yugang knew.
Hong Kong, even Asia and the world can not only accommodate him as a shipping king, but also Mr. Yang, a new shipping king.
. . .
When the fireworks show at Repulse Bay Villa ends.
Li Jiacheng's two sons have been called back to rest by Zhuang Yueming and the maid.
Bao Yugang himself has been sitting there in the study.
In fact, he is more sensitive than Bao Yugang. He always feels that Mr. Yang suddenly sets off fireworks on Christmas tonight, which is a great event for the Yang family, but not a good thing for the Li family.
So what happened to the Yang family?
0:00 p.m.
The landline phone in Li Jiacheng's study rang.
"Hello, I'm Li Jiacheng."
"Boss, I am Qian Zhao."
"Lao Zhou, what's the matter?"
"Boss, I just got news from a journalist friend that the Empire Group suddenly held a press conference in the conference room of the Federal Building. Except for Mr. Yang himself, all the senior officials of the Empire Group including Meris were present. I guess the Empire Group must There is an important news release.”
Early in the morning and late at night?
The Imperial Group actually held a press conference?
Could it be that the Imperial Group is going to acquire another company?
Li Jiacheng already knew that in October, Mr. Yang had just returned from Yanjing and immediately acquired the Xiangjiang Water Company.
Because many media outlets did not pay much attention to the news at the time, Li Jiacheng knew about it.
Unexpectedly, now we want to acquire other companies?
"What company to acquire?"
"Boss, I don't know yet. The Imperial Group has not held a press conference yet."
"Then wait a moment."
At this time, Li Jiacheng's expression was already a little ugly.
As time passed by.
The ticking sound of the wall clock above his study made Li Jiacheng feel very uncomfortable.
"Sir, are you not going to rest yet?" Zhuang Yueming had been in the room and had not seen her husband come back. She thought that he might be in a bad mood because of the fireworks at Mr. Yang's house tonight.
"Just now, Qian Yu called and said that the Empire Group held a press conference. It should be an important press conference."
The Empire Group held a press conference late at night?
With Zhuang Yueming's intelligence, she immediately guessed that the Empire Group must be announcing the acquisition of another company.
Zhuang Yueming began to worry about her husband.
. . .
0:40 in the morning.
The landline in Li Jiacheng's study rang.
Zhuang Yueming went directly to answer the call for her husband.
From the phone, she already knew that this was indeed an important news released by the Empire Group.
Among them, the Empire Group is already the largest shareholder of the Hong Kong Electric Light Company, holding 28% of the shares. Now it proposes to purchase an additional 49% of the shares from Hong Kong investors, and the purchase is made at a premium of 30% on the previous trading day.
"Sir, Qian Qi said that the Empire Group has officially announced that it is the largest shareholder of the Hong Kong Electric Company, and is now preparing to formally control and acquire the Hong Kong Electric Company."
Is the Empire Group going to swallow up the Hong Kong Electric Company?
For some reason, Li Jiacheng suddenly felt a sharp pain in his chest.
For a long time, among the listed companies in Hong Kong, he valued Wharf Holdings, Hutchison Whampoa, and the Hong Kong Electric Company the most.
Among them, Wharf Holdings, he once wanted to take it down by surprise, but in the end, his own strength was too weak to swallow it up.
As for Hutchison Whampoa, he thought that he was familiar with Shen Yi and wanted to swallow up Hutchison Whampoa through Shen Yi's relationship, but he failed in the end.
As for the Hong Kong Electric Company, he studied it for a long time.
Because the Hong Kong Electric Company has never been controlled by family shareholders, under normal circumstances, it is easier to swallow up than companies like Wharf Holdings.
However, before this, Li Jiacheng did not have this strength, and he always wanted to accumulate strength to swallow up the Hong Kong Electric Company.
He values the Hong Kong Electric Company the most because it has a very stable cash flow and very stable profits. If he takes over this company, he will get at least hundreds of millions of dividends every year.
Now it is in the hands of Mr. Yang of the Empire Group.
Thinking of this, he felt a sharp pain in his chest and could no longer bear it.
"Sir, how are you? Don't scare me!"
Zhuang Yueming asked hurriedly.
"Madam, I'm fine, go get me a glass of water."
Mr. Li said, covering his chest.
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