Chapter 743 Empire Group Officially Announces Acquisition of Overseas Trust Bank

Chapter 743 Imperial Group officially announced the acquisition of Overseas Trust Bank! Shocked the whole of Xiangjiang! !

September 13, 1982.

Monday.

8:45 am.

Imperial Group Conference Room.

When serious bank runs broke out in Hong Kong's major banks, the Governor-General of the Government House, Mr. Mellieho, the Chief Secretary, Mr. Youde, and even the chairman of Huifeng Bank, Mr. Shen, John Bao, and others did not know how to solve the banking crisis.

The Imperial Group suddenly held a press conference. After being invited, many reporters rushed to the conference room of the Imperial Group headquarters.

At this time, in the conference room, in addition to reporters from Asia Television, TVB, and Hong Kong Radio, there were also reporters from major newspapers and magazines in Hong Kong, such as Oriental Daily, Ming Pao, Sing Tao Daily, Sing Pao, etc. Journalists of great importance, as well as foreign media and newspapers stationed in Hong Kong.

These male and female reporters rushed to the Imperial Group conference room.

We haven't seen the people who are going to attend the meeting yet, but reporters feel that if the Imperial Group suddenly holds a press conference today, there must be very important news happening.

These reporters sat there whispering and discussing what was going on with the Imperial Group.

The influence of the Imperial Group is indeed different now. In addition to its strong strength, it may have as much abundant funds as Huifeng Bank.

The most critical thing is that the Chinese bank crisis that broke out in Hong Kong does not seem to have much to do with the Imperial Group.

9:00 am.

The reporters saw that in addition to the general manager of the Empire Group, Mr. Mai Lisi, and the financial director of the Empire Group, Tang Shilian, they actually saw the appearance of the chairman of the Empire Group, Sir Yang, and the female secretary, Lin Xiuzhi.

Many times, when the Imperial Group held a press conference, Yang Ming would never appear again.

It was when the Imperial Group acquired Wharf and Hutchison Whampoa that Yang Ming appeared at the press conference.

At this time, they all seemed surprised to see Sir Yang himself again.

When Yang Ming came over, the reporters immediately wanted to come over and interview Yang Ming.

"Sir Yang, now that the debt crisis of Chinese-owned banks is breaking out in Hong Kong, I wonder if the Imperial Group is affected?"

"Sir Yang, do you know if the Imperial Group's funds are safe?"

. . .

Yang Ming smiled and did not answer these reporters' questions.

Yang Ming sat down in the chief position at the press conference, looked at the reporters present and said, "Journalists, don't worry, we have several friends attending this press conference."

About five minutes or so.

It turned out that when Overseas Trust Bank’s major shareholders Zhang Chengzhong, Zhuang Qingquan, and several other Overseas Trust Bank executives showed up, the reporters sitting there went crazy.

Under such circumstances, how dare the major shareholders and executives of Overseas Trust Bank appear here?

They immediately wanted to gather around and interview Zhang Chengzhong, Zhuang Qingquan and others.

Zhang Chengzhong, Zhuang Qingquan and others were really scared.

Fortunately, two days ago, they had sold all their shares to Imperial Group, and the debts of Overseas Trust Bank had nothing to do with them.

As for why Huang Changzan surrendered to the police and was investigated by ICAC, they did not know.

Security personnel around the conference room kept the reporters away.

Meris said: "Fear journalists, please go back to your seats. If anyone else dares to come over for an interview, we can only unkindly ask him to leave and cancel the opportunity for this interview."

The reporters hurriedly returned to their seats.

"This is Mr. Zhang Chengzhong, the son of Mr. Zhang Mingtian, the founder of Overseas Trust Bank, and this is Mr. Zhuang Qingquan, the second largest shareholder of Overseas Trust Bank, and these few are senior executives of Overseas Trust Bank."

Melisi introduced from the side.

These reporters all know the identity of Zhang Chengzhong and Zhuang Qingquan.

It's just that Zhuang Qingquan is really unlucky. As the major shareholder of Hang Lung Bank and Overseas Trust Bank, this situation is now happening to both Chinese banks.

On the other hand, it seems that the company has better luck. Empire Group actually acquired Hang Lung Bank.

"After friendly consultations and negotiations between our two major shareholders, Imperial Group and Overseas Trust Bank, we have just decided that Imperial Group will acquire all shares of Overseas Trust Bank for HK$1 billion."

Imperial Group acquires all shares of Overseas Trust Bank for HK$1 billion?

The reporters sitting here were really shocked.

Isn’t there a serious debt crisis and check wheel scandal breaking out in Overseas Trust Bank?

Why did Imperial Group spend huge sums of money to acquire this bank?

"In addition, our Empire Group will immediately inject HK$5 billion into overseas trust banks."

Melis announced again.

Empire Group injects HK$5 billion into Overseas Trust Bank?

What is this concept?

5 billion Hong Kong dollars!

The reporter who was doing this was stunned again.

In other words, it is equivalent to Imperial Group spending HK$6 billion to acquire Overseas Trust Bank.

They still don’t know how much the Overseas Trust Bank is losing and how much debt it has, but with the strong strength and funds of the Imperial Group, if the Imperial Group acquires the Overseas Trust Bank and injects so much capital, then the debt crisis of the Overseas Trust Bank will be It was solved in no time.

The news shocked the reporters present and they were unable to react for a long time.

The reporters couldn't sit still anymore and stood up one after another to interview Melis.

At this time, Merisi answered the reporter's question.

Meris said: "Now I would like to invite Sir Yang, chairman of our Imperial Group, to say something."

Yang Ming looked at the reporter microphones in front of him and said: "Hong Kong is the third largest financial city in the world, and Chinese-owned banks are a very important part of Hong Kong's finance. Nowadays, the debt crisis of Chinese-owned banks in Hong Kong has broken out. In my opinion, both It is a good thing and a bad thing. The good thing is that the problem can be discovered in advance and the debt problem can be solved. The bad thing is that this debt crisis will have a great impact and even affect every citizen of Hong Kong. Therefore, I hope to restore the financial normality of Hong Kong as soon as possible. Safety of funds for savers and investors.”

The words Yang Ming said were originally said by the Governor's Mansion.

However, now Yang Ming's weight is not inferior to that of the Governor's Mansion.

Obviously, his words are still very important.

"After discussing with the executives of Imperial Group, I decided to spend a huge amount of money to acquire Overseas Trust Bank. Here, I can tell the citizens of Xiangjiang and the investors in Xiangjiang that you may not trust other banks, but you can definitely trust Imperial Group , now after the Empire Group officially takes over the Overseas Trust Bank, it will immediately inject 5 billion Hong Kong dollars into the Overseas Trust Bank. No matter how much debt the Overseas Trust Bank has, our Empire Group will be responsible to the end, and you don’t have to worry about the safety of your capital deposits. . In this case, I hope that investors and depositors who are still queuing up at major branches of overseas trust banks can rest assured and go home or go back to work.”

What Yang Ming said once again shocked the reporters present.

Now Yang Ming does not stay anymore.

His appearance only represents the importance that Imperial Group attaches to overseas trust banks.

Yang Ming and Lin Xiuzhi left, while Mai Lisi, Tang Shilian and others were still being interviewed by reporters.

Not long.

The news that Imperial Group spent HK$1 billion to acquire Overseas Trust Bank and injected HK$5 billion into Overseas Trust Bank, promising that it would resolve the debts of Overseas Trust Bank no matter how much it had, immediately shocked the whole of Hong Kong.

Chapter Six!

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