In Hong Kong, we build a global business empire
Chapter 230 The Sincerity of Eagle Group
Deng Zhaojian was not surprised by Su Zhixue's words.
After all, what else could the secret acquisition of so many shares be for if not to gain a controlling stake in Kowloon Motor Bus?
"Okay, I got it. I will convene a board meeting as soon as possible and announce this matter to the public." Deng Zhaojian was very calm at this moment.
He is already 79 years old. At this age, he can't refuse to accept his old age.
Perhaps, this is the best time for him to gradually leave Kowloon Motor Bus.
Since the founding of Kowloon Motor Bus in 1933, Tang Siu-kin has been at the helm of Kowloon Motor Bus for nearly fifty years.
Especially after the Lei family gradually shifted its focus to Kowloon Development, he had the final say in Kowloon Motor Bus.
Of course, this is also the reason why the family of the founder of Kowloon Motor Bus has great trust in him.
After such a long time, he has already gotten used to the role of Chairman of the Board of Directors of Kowloon Motor Bus.
At this moment, Deng Zhaojian may only feel reluctant to leave.
"Then I'll have to trouble you, Mr. Deng. Our boss will come here tomorrow to hand over the management rights. Mr. Deng, you will continue to serve as the vice chairman of Kowloon Motor Bus. I think you have no plans to retire yet." Su Zhixue said with a smile.
These are what Lin Haoran said to Su Zhixue.
After all, Deng Zhaojian has managed Kowloon Motor Bus for most of his life and knows it very well. It would not be appropriate for him to leave the management suddenly.
"Okay, after all, I am one of the important shareholders of Kowloon Motor Bus. It is impossible for me to just abandon Kowloon Motor Bus." Deng Zhaojian did not reject the proposal.
For him, he is not the largest shareholder of Kowloon Motor Bus.
Now, it's just one more shareholder who wants to take control.
In the short term, Kowloon Motor Bus will also be unable to do without Deng Zhaojian.
This also gave him enough time to gradually leave the management of Kowloon Motor Bus, rather than leaving all at once.
"Then Mr. Deng, I will leave first. The next work will be left to you to arrange." After Su Zhixue said this, he left the Kowloon Motor Bus headquarters in Lai Chi Kok.
Deng Zhaojian, on the other hand, called the important shareholders of Kowloon Motor Bus.
On the other side, Nathan Road, Kowloon, Kowloon Development Company headquarters, chairman's office.
At this moment, there were several people sitting on the sofa next to the office.
Two of them are important figures in Hong Kong's business community.
One of them is Lei Juekun, the boss of Kowloon Development.
The other is Law Ying-shih, the boss of the Great Eagle Group.
The rest are their descendants.
At noon, Luo Yingshi called to ask for a meeting with Lei Juekun to discuss something, but Lei Juekun was inspecting work at a construction site at the time and did not receive Luo Yingshi's call in time.
By the time he found out about this, it was already afternoon.
So, the two sides finally agreed to meet at 5:30 in the afternoon.
In the real estate sector, the Eagle Group is undoubtedly much stronger than Kowloon Development.
What makes the Great Eagle Group different from other real estate companies is that they started out with industrial buildings.
Originally, Great Eagle Group already owned a lot of industrial land in the New Territories. Later, it purchased a large amount of industrial land in Kwai Chung and other areas, and built many industrial buildings one after another.
Especially during the three years from 1976 to 1978, Great Eagle Group became the largest supplier of industrial buildings in Hong Kong.
At that time, the "jeans craze" was popular, and many copycat factory owners accumulated a lot of wealth. They bought factories to expand production.
In addition, the Hong Kong government strictly enforced the law requiring factories to move out of residential buildings, and small manufacturers were in urgent need of small industrial units. For various reasons, the industrial buildings built by the Eagle Group were sold out in a short period of time, thereby accumulating a large amount of wealth and becoming the second largest Chinese real estate company in Hong Kong after the Five Tigers.
This is also the reason why the Eagle Group is so rich now and plans to buy everywhere.
Although the Lei family cannot compare with the Eagle Group in the real estate industry, its overall strength is not inferior to that of the Eagle Group.
Kowloon Development, which mainly engages in real estate business, is also a well-known real estate developer in Hong Kong.
In addition, the Lei family also holds 22% of Kowloon Motor Bus's shares and is an important shareholder of Kowloon Motor Bus.
In addition, the Lei family also controls Hong Kong’s third largest cinema chain - R&F Cinemas.
Therefore, the strength of the two families can be said to be comparable.
"Mr. Luo wants to buy our Kowloon Motor Bus shares?" Lei Juekun was very surprised to learn the purpose of his visit.
After all, since they founded Kowloon Motor Bus in 1933, Kowloon Motor Bus has never been acquired by anyone else and has always been in the hands of the founders of Kowloon Motor Bus.
Although Lei Juekun was not the founder, his father was. It was founded by Lei Juekun's father, Deng Zhaojian and others.
It can be said that Deng Zhaojian is his elder, which is one of the reasons why Deng Zhaojian has been able to serve as the chairman of Kowloon.
"Yes, Mr. Lei, we come with great sincerity. We can buy your shares at a price 30% higher than the market price!" Luo Yingshi said solemnly.
In fact, Luo Yingshi is very clear that with the current share price of Kowloon Motor Bus, it will not take long to reach 30%.
Moreover, in the afternoon, he also noticed that in the secondary market, the share price of Kowloon Motor Bus was once again bought up by a certain consortium, which directly increased the share price by nearly 6%. Luo Yingshi didn't know how many shares his opponent owned, but he felt that as long as he could take over Lei Juekun's 22% of the shares, plus their shares, he would be able to seize the initiative at that time, even if the opponent continued to exert its strength in the secondary market, so what?
What he needs to do is to overtake others and directly take over the position of major shareholder of Kowloon Motor Bus!
"Mr. Luo, I'm sorry, I have never considered selling Kowloon Motor Bus shares, and our family has no such plan!" Lei Juekun shook his head and said.
This is the Lei family's property. Although Lei Juekun has the final say, the property does not belong to him alone, but to the entire family.
Their family development strategy is not to abandon the assets built by their elders unless a real crisis occurs.
Because of this, even though Sun Hung Kai Properties later became the major shareholder, they still did not lose their identity as a shareholder of Kowloon Motor Bus and have always been one of the important shareholders of Kowloon Motor Bus.
"As far as I know, Kowloon Development has always wanted to acquire the commercial land on Kwai Fuk Road in Kwai Chung, but we got there first. If you sell the shares of Kowloon Motor Bus to our Great Eagle Group, I can take the initiative to resell this commercial land to your Kowloon Development, and sell it at a price 20% lower than the current market price!" Luo Yingshi took out his trump card.
After all, these people will only do anything when they are sure enough.
Since the construction of the container terminal, the flow of people in Kwai Chung has increased significantly, so Kowloon Development has stepped up its efforts to develop Kwai Chung several years ago.
Currently, Kowloon Development has built a residential community project in the Kwai Fuk Road area that is very important to the company. Next to the residential community, there is a piece of land that Kowloon Development wants to acquire to continue expanding the residential community and also to build residential supporting facilities, such as shopping malls.
Unfortunately, the land was purchased in advance by the Eagle Group, and Kowloon Development missed the opportunity.
Knowing that Kowloon Development was very eager to obtain this piece of land, Luo Yingshi planned to use this piece of land as an important means of negotiation.
The Eagle Group purchased this piece of land a year ago. The market value of this land has more than doubled now. Even if it is sold at a price 20% lower than the current market price, the Eagle Group has made a lot of money from this land.
Sure enough, after hearing what Luo Yingshi said, Lei Juekun suddenly became a little conflicted.
After all, this is an era where profit is paramount. Although Lei Juekun has no intention of selling his shares in Kowloon Motor Bus, it is not impossible if the benefits are sufficient!
"Dad, I think this is a good suggestion. We don't attach much importance to Kowloon Motor Bus anyway. We can get more than 100 million Hong Kong dollars and also acquire this piece of land. It's like killing two birds with one stone!" Lei Juekun's eldest son, who was sitting next to him, was tempted.
This is indeed more beneficial than harmful to the Lei family.
If the family knew about this, everyone would agree.
However, Lei Juekun did not agree immediately, but sat on the sofa and thought carefully.
Although there were many benefits, it completely disrupted his development plans.
As the head of the Lei family, he naturally has his own development plan, and the plans for the next few years have already been planned.
Just as Lei Juekun was thinking about whether to agree, the phone in the office rang.
"Sorry, I have to go answer a call first!" Lei Juekun said to Luo Yingshi.
"Mr. Lei, please."
So Lei Juekun stood up, walked quickly to the desk, picked up the phone and answered it.
"Hello, I'm Lei Juekun."
"Jue Kun, this is Deng Zhaojian. I have something important to tell you." The person on the other end of the line was Deng Zhaojian, chairman of Kowloon Motor Bus.
"Uncle Deng, you say!" Lei Juekun was more respectful to Deng Zhaojian.
"Mr. Lam Ho Yin, the boss of Hong Kong Electric Group, has now acquired 36.83% of Kowloon Motor Bus' shares by secretly absorbing shares, making him officially the largest shareholder of Kowloon Motor Bus. A board meeting will be held at o'clock tomorrow morning. You should come over then." Deng Zhaojian said.
"Ah, Uncle Deng, why is it so sudden?" At this moment, even Lei Juekun was stunned.
"Jue Kun, I just found out about it too. Their people came over to talk to me for a while and sent the notice letter to me. As soon as they left, I called you directly." Deng Zhaojian said with a wry smile.
36.83% of the shares, they naturally knew what this meant. It meant that Lin Haoran would have the greatest say in Kowloon Motor Bus from now on. It also meant that Kowloon Motor Bus had changed hands and it was no longer up to them, the founders and descendants of Kowloon Motor Bus, to have the final say.
"Is this news true?" Lei Juekun said in disbelief.
"I also hope it's fake, but the notice letter is stamped with their company's seal, so they can't lie, and there's no need to. They will report to the Securities Regulatory Commission and the Stock Exchange tomorrow. Juekun, that's it for now. We can talk again when we have time. I still have to call the Tan family, the Lin family, and others." After Deng Zhaojian finished speaking, he hung up the phone.
Lei Juekun, on the other hand, held the receiver in his hand and did not put it down for a long time.
He really doesn't care much about the control of Kowloon Motor Bus.
But when the Kowloon Bus was seized by someone else, he felt very complicated.
After inheriting Kowloon Motor Bus from his father, he has not been very interested in Kowloon Motor Bus and instead focused on real estate business.
Now that he had received this news, he became somewhat anxious and worried.
Lei Juekun stood there holding the receiver for a full minute or two before he put it down and returned to the sofa.
Everyone present also noticed that something was wrong with Lei Juekun.
"Daddy, what's wrong?" Lei Juekun's eldest son couldn't help asking when he saw that his father didn't look very well.
Just now, he also heard his father call the other person Uncle Deng, so he naturally knew who Uncle Deng was.
Therefore, this matter must be related to Kowloon Motor Bus, but he didn't know what it was specifically.
"Kowloon Motor Bus has changed hands!" Lei Juekun replied in despair. (End of this chapter)
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