Chapter 786: Empire Group Quietly Swallows up Hong Kong's Third Largest Ocean

Chapter 786 Empire Group quietly swallowed up the third largest foreign company in Hong Kong, shocking all walks of life in Hong Kong!

February 10, 1983.

The 28th day of the twelfth lunar month.

Thursday.

18:00 in the evening.

Empire Group meeting room.

At this time, many journalists came here.

Empire Group has not held an important press conference for some time. This time, these journalists received a call from Empire Group in the afternoon, and the reporters from major newspapers and magazines immediately prepared to come to the Empire Group meeting room.

Not long.

Meeting room here.

First, Mr. Mai Lisi, general manager of Empire Group, Miss Tang Shilian, financial director of Empire Group, and former vice chairman of Huifeng Bank, John Bao, appeared.

Even Mr. Zhang Yuliang, the largest shareholder of Wheelock & Co., Mr. John MacDeng, the second largest shareholder of Wheelock & Co., and senior executives of major groups under Wheelock, were invited to attend this meeting.

Last night, John Macden had learned that Sir Yang had invited John Pao to take over his position. From this point of view, John Macden really admired Sir Yang's mind and ability.

Others thought that Sir Yang was Chinese and would definitely use Chinese elites. Now the Empire Group and its major executives are still dominated by white people.

From this point of view, John Macden felt that there were not many people in Hong Kong who could match Sir Yang's vision.

These people appeared in the conference room.

The reporters below were very surprised when they saw it.

Could it be that the Empire Group has acquired Wheelock & Co.?

Otherwise, how could the major shareholders and executives of Wheelock & Co. appear here?

Yang Ming did not appear at this press conference. The host of today's press conference was still Mai Lisi.

Mai Lisi sat in the chief position, and on his left and right were Zhang Yuliang and John Macden.

After Zhang Yuliang and John Macden met just now, the two were no longer the same as before. After they were no longer partners, their relationship became normal. The two sides no longer had interests, and the original irreconcilable contradictions were naturally resolved.

"Dear journalists, this press conference is held because there is something very important to announce."

"Mr. Maris, is this related to Wheelock & Co?"

A reporter immediately picked up the microphone and asked.

. . .

These reporters were really excited.

Last year, the Empire Group swallowed up 11 Chinese banks in Hong Kong, directly resolving the crisis of Chinese banks in Hong Kong, which really shocked Hong Kong, Nanyang, and even the world at that time.

At this time, if it really swallowed up Wheelock, the third largest foreign bank in Hong Kong, it would be even more shocking.

In 1978, the Empire Group swallowed up Wharf & Co. and Hutchison Whampoa.

Afterwards, the Empire Group swallowed up Jardine Matheson, the largest foreign bank in Hong Kong.

Since then, the Empire Group has also been acquiring other companies.

Including Hong Kong Water Company, Hong Kong Electric Company, and even Hong Kong Underground Railway Company, Hong Kong Kowloon Motor Bus Company, Hong Kong China Bus Company, etc.

However, in terms of comprehensive strength, Wheelock & Co. can rank third among the four major foreign companies in Hong Kong, which is enough to show that its scale is very large.

In this regard, before Chen Songqing's Jianing Group went bankrupt and liquidated, it was compared with Wheelock and Swire. In fact, this was used by the media and Chen Songqing to touch porcelain and then increase the share price of Jianing Group.

The two are not on the same level at all.

Mai Lisi looked at the excited and shocked reporters and continued: "After friendly negotiations between our Empire Group and the Zhang family, the largest shareholder of Wheelock, and the Ma Deng family, the second largest shareholder of Wheelock, we acquired all the shares of the first and second largest shareholders of Wheelock at HK$5.5 per share of Wheelock A shares and HK$0.55 per share of B shares. In addition, in the past few years, the Empire Group has also been acquiring Wheelock's A and B shares. Calculated according to the effective controlling rights, today, the Empire Group's effective controlling rights over Wheelock have reached 51%."

Shocked!

Every word Mai Lisi said!

The reporters present were shocked!

. . .

At this time.

It was the rush hour for people to get off work in Hong Kong.

Li Jiacheng sat in his luxurious Mercedes-Benz.

I don’t know why, but the most important thing is that I feel an inexplicable annoyance.

Li Jiacheng’s full-time driver encountered the traffic light ahead and had to stop and wait.

At this time, the Hong Kong radio station in the car had just been broadcasting Hong Kong and international news. Li Jiacheng liked to listen to the news the most. When he was in the car, he either read the newspaper or listened to the news.

“Here is an important news. This is the news just sent back by our reporter Miss Cai Lifen in the meeting room of the Empire Group. The Empire Group and the Zhang family, the largest shareholder of Wheelock, and the Ma Deng family, the second largest shareholder of Wheelock, have signed an acquisition contract... The Empire Group officially acquired Wheelock, the third largest foreign company in Hong Kong.”

The Empire Group actually acquired the third largest foreign company in Hong Kong?

After hearing this, Li Jiacheng was a little bit unbelievable.

When did the Empire Group acquire Wheelock?

Why didn’t he have any news at all?

If it was before, he would have been able to get some news in advance when the Empire Group acquired other companies. He made a lot of money from companies like Wharf Holdings, Hutchison Whampoa, Hong Kong Electric Company, etc.

Now the Empire Group has quietly swallowed up Wheelock & Co., the third largest foreign company in Hong Kong, and used nearly 2 billion Hong Kong dollars in funds, but he really didn't know anything about it.

Li Jiacheng's expression became a little ugly.

However, at this time, he could only sit here.

Li Jiacheng took a car back to the Li family villa in Deep Water Bay.

He walked in with a briefcase and was a little tired.

Madam Zhuang Yueming came out to greet him and saw that her husband's expression was not good.

"Sir, what happened?"

"Just now, the Empire Group has officially acquired Wheelock & Co."

Zhuang Yueming was also shocked when she heard it.

How come she didn't hear any news about the Empire Group's acquisition of Wheelock & Co?

"Sir, is this true?"

"Just now I heard the radio host say it in the car."

If that's the case, then it must be true.

Zhuang Yueming was shocked again and couldn't speak.

The most important thing is that the Empire Group's acquisition of Wheelock & Co. was directly persuaded by the largest and second largest shareholders of Wheelock & Co., and its own shares, which together have controlled Wheelock & Co., and it seems to have nothing to do with other ordinary shareholders.

The real strength of the Empire Group has long exceeded the imagination of Li Jiacheng and Zhuang Yueming.

Li Jiacheng knows it.

What Li Jiacheng is uncomfortable with now is not that the Empire Group swallowed up Wheelock & Co.

But he is worried.

Has his Changgang Industrial Group also been quietly acquired by the Empire Group? Many shares, but he just doesn't know.

"Sir, what are you worried about?"

"Changgang Industrial Group."

At this time, Li Jiacheng's shares in Changgang Industrial Group are only about 30%, and the rest are all circulating shares.

Although he is now the largest shareholder, who knows when the Empire Group acquired the shares of other Changgang Industrial Groups?

Chapter 2!

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