In Hong Kong, we build a global business empire
Chapter 232: The new chairman of 9Long Bus, the mysterious source of funds
Chapter 232: New Chairman of Kowloon Motor Bus, Mysterious Source of Funds
Seeing Lin Haoran appear, everyone couldn't help but look at him.
Lin Haoran is definitely a hot Chinese businessman in the past two years.
In just less than two years, it rose rapidly and acquired many well-known listed companies.
In terms of acquisition capabilities, it is not even inferior to British giants like Jardine Matheson.
The most striking thing is that Lin Haoran is extremely young, only 26 years old!
Apart from those lucky ones who rely entirely on inheritance to acquire huge fortunes, which of Hong Kong's business tycoons is not middle-aged or elderly people over 40 or 50 years old, or even those in their 70s and 80s?
In the past, they all noticed Lin Haoran.
However, no one had ever imagined that this popular Chinese businessman would one day be associated with them.
The Kowloon Motor Bus, which they valued more, was acquired by the other party.
Moreover, there was no news at all before.
"Hello, Mr. Lin." Deng Zhaojian reacted quickly, walked quickly to Lin Haoran, shook hands with him warmly and smiled.
Now that the change of ownership of Kowloon Motor Bus is a foregone conclusion, it is meaningless to say anything else.
"Hello, Mr. Deng. I have heard of your reputation a long time ago. I will need your care in the future at Kowloon Motor Bus!" Lin Haoran responded with a smile, his tone showing respect for the old man.
Then, he turned his gaze to Lei Juekun, and before Lei Juekun could speak, he took the initiative to extend his hand: "This must be Mr. Lei, right?"
Lei Juekun was well-known among the Chinese entrepreneurs in Hong Kong. Although Lin Haoran had never met him before in the Hong Kong Chinese General Chamber of Commerce, Lei Juekun often appeared in the news and newspapers, and Lin Haoran recognized him at a glance.
"Mr. Lin is really a promising young man. I admire him deeply!" Lei Juekun said sincerely.
"No, no, I'm just luckier." Lin Haoran responded modestly.
However, everyone present knew that this was not achieved by luck alone. Only with sufficient financial resources and strength could these listed companies be acquired so smoothly.
Just like him, Lei Juekun, he never dared to think about acquiring listed companies with considerable market capitalization such as China Gas Company and Ching Chau Cement Company, not to mention a giant like Hong Kong Electric Group.
The conversation went quite harmoniously, at least on the surface.
No one dared to offend Lin Haoran because they did not have that level of strength.
"It's almost time, let's go to the meeting room!" Deng Zhaojian said after looking at the time on his watch.
They scheduled the meeting for ten o'clock in the morning, and it was almost time now.
So, the group followed to a conference room on the third floor of the office building and held this board meeting.
The core topic of the meeting was that Lam Ho-yin officially took over as the chairman of Kowloon Motor Bus, Burton and Tang Siu-kin served as vice-chairmen of the company respectively, and the positions of other personnel remained unchanged.
Lei Juekun, the former major shareholder and now the second largest shareholder, continues to retain his status as a member of the board of directors and does not hold any other positions.
Although Lin Haoran has been newly appointed as the chairman of the board of directors, his daily work has actually been fully entrusted to Burton to manage.
Lin Haoran already had a significant advantage in equity distribution, and everyone knew that it was not advisable to make an enemy of such a powerful leader, so almost all the issues he raised were passed unanimously.
Even if there are objections, it is difficult to change the overall situation, because the chairman of the board of directors already has greater decision-making power, and Lin Haoran's personal shareholding far exceeds the total of all other directors present.
As for the second largest shareholder, Lei Juekun, he expressed his support without hesitation and had no objection.
After all, his family business focuses on the real estate industry, and he is not very concerned about the operation and management of Kowloon Motor Bus, otherwise he would not have handed over the management rights to Deng Zhaojian for a long time.
Kowloon Motor Bus implements a shareholding system of equal rights for equal shares. With the support of shareholders such as Lei Juekun, it can almost be said that it is a natural thing for Lin Haoran to successfully take control of Kowloon Motor Bus.
On the other hand, the four major stock exchanges suspended Kowloon Motor Bus for one day and issued an announcement. The news quickly spread to most of Hong Kong.
These things naturally attracted the attention of many media.
As a result, many media, such as TVB, Rediffusion Television, Hong Kong Broadcasting Corporation, Oriental Daily, South China Morning Post, Sing Tao Daily, Chinese Daily, Hong Kong Commercial Daily and many other media, flocked to the Kowloon Motor Bus headquarters in Lai Chi Kok, hoping to obtain useful information.
When Lin Haoran and others were holding a board meeting in the conference room, more than a dozen reporters had already gathered at the Kowloon Motor Bus headquarters, and more and more people came over.
However, the board meeting must not be disturbed, so these reporters were stopped and asked to wait downstairs. After the board meeting is over, someone will naturally go to report.
By the time the board meeting with Lin Haoran and others ended, more than 30 reporters had gathered on the first floor of the Kowloon Motor Bus headquarters office building, covering almost all the mainstream media in Hong Kong.
So, when the door of the conference room opened, some staff members hurried into the conference room to report the situation downstairs to the former chairman Deng Zhaojian.
"Since they are all here, let them come up!" Lin Haoran said with a smile.
"This is Mr. Lin Haoran, he will be the chairman of the company in the future." Deng Zhaojian reminded. The announcement had not been sent out yet, so the subordinates naturally did not know that such a big change had happened in the company.
"Okay, I'll go down and call them up." The staff member looked at Lin Haoran in shock, then quickly left the meeting room.
"Mr. Lin, there is an empty office next door. Since these reporters are coming, I will ask my employees to clean it up. We can also hold a simple press conference." Deng Zhaojian looked at Lin Haoran and said.
"Well, thank you for your help, Mr. Deng." Lin Haoran nodded.
As a large-scale public utility listed company, Kowloon Motor Bus must announce such a major change to the public, and the simplest way is to hold a press conference.
However, these Kowloon buses were not prepared in advance.
Now that these reporters come here on their own, it saves a lot of trouble.
The Kowloon Motor Bus staff worked very quickly and cleaned up the empty office in less than ten minutes.
At the same time, a simple stage was set up with a long table and several chairs, and the background wall behind was covered with the Kowloon Motor Bus logo.
At this moment, dozens of reporters, led by staff, walked into the temporary press conference room in an orderly manner.
Lin Haoran, Deng Zhaojian and Burton sat on chairs, with Lin Haoran in the middle, and Deng Zhaojian and Burton sitting on either side.
However, Lei Juekun, the former largest shareholder of Kowloon Motor Bus, did not go up. He felt that he was just an ordinary board member and that going up would not play any role.
"I already know the purpose of everyone's coming here. That's right, Mr. Lin Haoran has become the largest shareholder of Kowloon Motor Bus. At the same time, in the board meeting we just held, Mr. Lin Haoran officially became the chairman of the board of directors of Kowloon Motor Bus. Mr. Burton, president of Wanqing Group, and I will serve as vice chairmen of the company's board of directors." Deng Zhaojian said briefly.
Everyone at the scene started taking photos, capturing this scene of the three people.
This is definitely news of great historical significance, because since its establishment, for nearly 50 years, the control of Kowloon Motor Bus has always been in the hands of the founders of Kowloon Motor Bus and their families. Now this history has completely changed.
Today's protagonist is destined to be Lin Haoran.
"Mr. Lin, why did you come up with the idea of acquiring Kowloon Motor Bus?" the reporter from Oriental Daily asked first.
"Over the past year, I have been researching Kowloon Motor Bus and have long considered in detail the various advantages of investing in Kowloon Motor Bus. This is a very high-quality listed company that has caught my attention, so when I had the opportunity to acquire it, I acted without hesitation." At this moment, Lin Haoran's face was filled with joy.
"What is the reason why Mr. Lin keeps acquiring listed companies one after another?" TVB reporter asked.
"I am very interested in companies with high asset values. In the past two years, I have spent almost half of my working time planning my future development and keeping an eye on investment opportunities in Hong Kong or overseas. I have a very clear understanding of the asset status of many Hong Kong listed companies.
Therefore, I can make a quick decision when there is an opportunity. For example, when I found that the trading volume of Kowloon Motor Bus was low, the stock price was not high, and the largest shareholder did not hold many shares, I knew that this was an opportunity for me, so I did not hesitate to make a targeted acquisition. As expected, I successfully took over this historic bus company. "Lin Haoran answered with a smile on his face again.
"Mr. Lin, you frequently acquire companies and your funds seem to be endless. Some people speculate that your funds come from other foreign financial groups. What is your response to this?" A reporter from Hong Kong Business Daily asked a sharp question.
Lin Haoran's rise to prominence was indeed full of suddenness and mystery, which also led to endless speculation about him in the market.
Especially in the top business circles, many people even believe that Lin Haoran is Citibank's agent in Hong Kong, because his financial transactions with Citibank are extremely frequent, far exceeding his relationship with the local bank Huifeng.
Most people are skeptical as to whether all the funds were earned by Lin Haoran himself.
After all, earning billions of Hong Kong dollars in two years is difficult even for a powerful company like Jardine Matheson.
It is even more unbelievable that Lin Haoran alone could do this.
During the short two months that Lin Haoran worked at the Huafeng Cement Factory after returning from the UK, he had already been thoroughly investigated by various forces.
If he had a huge amount of money before, why would he be willing to stay in obscurity in Yuen Long, a remote suburb of Hong Kong, for several months?
Therefore, the source of Lin Haoran’s funds has always been a mystery, and he himself has kept his mouth shut, making the mystery even more confusing.
The reason why Hong Kong Business Daily raised this question is that it hopes to get some useful information from Lin Haoran and uncover a corner of this mystery.
However, Lin Haoran has no intention of disclosing the source of his funds.
In his opinion, maintaining this sense of mystery is more beneficial.
It would not be a good thing for him once everything was exposed.
Burton and Deng Zhaojian couldn't help but turn their heads to look at Lin Haoran, full of curiosity about the source of his funds.
Everyone present also looked at Lin Haoran. They were also very curious about this question.
Among the crowd, only Su Zhixue fully understood Lin Haoran's rise to power, from purchasing oil to investing in gold futures, every step was very clear to him.
It can be said that Su Zhixue witnessed with his own eyes how his boss transformed from an ordinary rich second generation into a super rich man in just less than two years.
But as a subordinate who is 100% loyal to Lin Haoran, Su Zhixue will naturally keep the secret strictly and will not reveal any information to the outside world.
(End of this chapter)
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