In Hong Kong, we build a global business empire
Chapter 436 Compensation from the Securities and Futures Commission
Chapter 436 Compensation from the Securities and Futures Commission
After hanging up the phone with Shen Bi, Lin Haoran received calls from several heavyweights in Hong Kong's business and political circles.
Among these calls, some were purely to express congratulations, some were pure compliments, some expressed the intention to cooperate, and some even contained hidden temptations.
After dealing with these phone calls, Lin Haoran was finally able to take a break.
Although his vision has long been global, Hong Kong has always been his foundation.
How can you conquer the world if your foundation is not stable?
Managing the base camp well has always been the top priority in his strategic layout.
After hanging up the phone, Lin Haoran turned around and his eyes fell on Ma Shimin who had been sitting quietly beside him.
"Boss, now that the news has been made public, I think we can start taking over the Hong Kong Telephone Company. Just half an hour ago, I contacted Mr. David, the chairman of the board of directors of the Hong Kong Telephone Company, and had a preliminary exchange of views on matters related to the takeover by our Hong Kong Land Group.
Mr. David said that before he officially took over, he hoped that we could have an in-depth discussion on the future development of Hong Kong Telephone Company. "Mr. Ma reported.
Lin Haoran nodded slightly, and then asked: "What are the capabilities of this Mr. David? What specific plans do you have for the current senior executives of the Hong Kong Telephone Company?"
He really didn't intend to interfere too much. Ma Shimin would have the proper way to handle these matters.
However, non-interference does not mean indifference. After all, as a giant in the industry with a market value of nearly HK$30 billion, the importance of Hong Kong Telephone Company is self-evident.
"Boss, Mr. David is indeed very capable. He is also an expert in the field of communications and has managed the Hong Kong Telephone Company very well. As for whether to keep him, it depends on his performance.
If he is willing to integrate into the Hong Kong Land Group wholeheartedly, I don't mind letting him continue to lead the Hong Kong Telephone Company; but if he pretends to obey but actually disobeys, then we will have to consider changing him." Ma Shimin reported with a smile.
"Very good, I'll do as you say. In addition, the matter of taking over the Hong Kong Telephone Company must be implemented as soon as possible without any delay. You also know that I have reached a cooperation intention with Motorola and plan to build a cellular mobile signal network in Hong Kong. This is very likely to make Hong Kong the first city in the world to realize the commercial use of mobile phones. Its importance is self-evident.
Motorola has stated that it will send a group of experts and a negotiation team to Hong Kong within two weeks to conduct in-depth and detailed discussions and finally determine the cooperation matters.
It was at this time that we successfully took over the Hong Kong Telephone Company because of the right time, right location and right people. With the Hong Kong Telephone Company's deep foundation in the communications industry, we were not completely ignorant in this field.
Moreover, I heard that Xiangjiang Telephone Company has gathered several top international communication experts, which is undoubtedly a great help to us. After taking over, we will cooperate with Motorola in the name of Xiangjiang Telephone Company. I believe that this cooperation will be smoother. "Lin Haoran continued.
“Boss, Hong Kong Telephone Company does have three top international communication experts in the field of communication, as well as dozens of highly skilled communication engineers, and the current chairman of the board, Mr. David, is one of the best among them.
He had already made outstanding achievements in the field of communications. He was once the chief engineer of communications for Siemens in Germany. He was poached by the Hong Kong Telephone Company at a high salary. Later, due to his outstanding performance in corporate management, he gradually entered the management level and eventually became the head of the Hong Kong Telephone Company. "Ma Shimin explained in detail.
After listening to Ma Shimin's report, Lin Haoran's eyes flashed with interest.
He naturally hopes to have someone who is both a top communications expert and an excellent management talent.
He walked to the window and gazed at the bustling street scene of Hong Kong outside.
After thinking for a moment, he spoke in a steady tone: "From what you said, Mr. David's ability is indeed beyond doubt. However, for the future of Hong Kong Telephone Company, what we need more is loyalty to the company and efficient execution.
If he can cooperate wholeheartedly, we will naturally be willing to give him a stage to demonstrate his abilities; but if he has doubts or second thoughts, we must make adjustments without hesitation, because the future of Hong Kong Telephone Company cannot afford any mistakes. "
Upon hearing this, Ma Shimin nodded solemnly in agreement: "Boss, rest assured, I will always keep an eye on David's movements and performance. He asked me to discuss taking over the Hong Kong Telephone Company, and I think he also wanted to test our attitude towards him.
In addition, I have drawn up a preliminary plan regarding the specific details of the takeover, and after meeting with Mr. David later, I will immediately proceed with the relevant matters of taking over.
If everything goes well, we can gather the top executives of Hong Kong Telephone Company as early as tomorrow morning to officially announce the entry of Hong Kong Landmark Group. Once the Motorola expert team arrives in Hong Kong, we can immediately start cooperation negotiations with them. "
Lin Haoran nodded, his eyes still fixed on the bustling night scene outside the window, and his tone was full of deep meaning: "Mr. Ma, I have always been very confident in your efficiency. However, the takeover of Hong Kong Telephone Company is not just a formal acquisition, but more importantly, it is the integration of people's hearts, especially those technical backbones and core management. Their attitudes will directly determine the speed of our future development."
He turned around, looked at Ma Shimin, and continued: "Although Mr. David is very capable, we can't put all our hopes on him alone. You just mentioned that there are two top international communication experts in Hong Kong Telephone Company. We must focus on winning over these people. They are not only the core of technology, but also the key to future cooperation with Motorola." Ma Shimin smiled slightly, his tone revealing confidence: "Boss, you don't have to worry too much about these. You have to know how high the prestige of our Hong Kong Land Group is in Hong Kong. It is not difficult for us to acquire Hong Kong Telephone Company or even control this company.
Before officially taking over, I will personally communicate with these experts one by one to gain a deep understanding of their ideas and actual needs.
If they are willing to continue working for Hong Kong Telephone Company, we will give them full respect and all-round support; if they have concerns, we will also do our best to help them solve their problems.
Furthermore, even if we take over Hong Kong Telephone Company, I will ensure that they have sufficient independence. As a non-professional, I will fully respect the decision-making of the top management of Hong Kong Telephone Company and will never interfere without reason. "
"Well, if that's the case, then I feel relieved!" Lin Haoran nodded.
"Boss, there is one more thing to be happy about. Not long ago, the chairman of the Securities and Futures Commission, Mr. Mai Si, called me personally. Since we agreed not to completely privatize Hong Kong Telephone Company, when we absorb Hong Kong Telephone Company's shares in the future, we no longer need to purchase the shares of shareholders and shareholders at a price no lower than the highest price in the past six months. They will send a formal reply letter to our group later." Ma Shimin reported to his boss after thinking for a while.
Last Friday, the share price of Hong Kong Telephone Company soared to a high of HK$35 per share.
According to Hong Kong's current merger and acquisition regulations, if a company is to be acquired, the ultimate acquirer must purchase the shares held by shareholders at the highest price within six months calculated from the past trading days.
But now, since the Hong Kong Land Group has given up the idea of privatizing Hong Kong Telephone Company, this can be regarded as a kind of compensation measure given to us by the SFC.
There are no restrictions on the stock price, which is undoubtedly good news for the Hutchison Whampoa Group.
Now that it has essentially achieved the level of controlling Hong Kong Telephone Company, holding more than 40% of the shares, the Hong Kong Land Group has no need to worry about the emergence of other competitors.
Therefore, when continuing to increase its stake in Hong Kong Telephone Company, it can be done under the control of the Hong Kong Land Group, thereby effectively saving the cost of acquisition.
If other British companies were interested in privatizing Hong Kong Telephone Company, the SFC would probably take a more relaxed attitude and not interfere too much.
But now that the Swire Properties Group is under the leadership of Chinese leader Lin Haoran, it is destined to receive special attention and different treatment from the CSRC!
There is nothing we can do about this.
Nothing is perfect.
"Well, okay, this is indeed a good thing. Huanyu Investment Company will cooperate with your subsequent share purchase actions!" Lin Haoran nodded.
If the stock price is not set, it means that the stock price can be manipulated.
If we increase our holdings in Hong Kong Telephone Company at the highest price within six months, it would mean at least HK$35 per share. But now there is no such restriction. Even if the share price is raised to HK$25 per share, it is no problem for Wan Qing.
This involves a cost of hundreds of millions of Hong Kong dollars, which is naturally a good thing.
"Boss, if there is nothing else, I plan to go to the headquarters of Hong Kong Telephone Company first to discuss with Mr. David the relevant matters about the acquisition of the Jardine Matheson Group. If they can actively cooperate with our takeover, it will undoubtedly be a great thing for us!" Ma Shimin glanced at his watch and continued.
"Okay, then go ahead!" Lin Haoran waved his hand readily.
At this time, the clock has quietly pointed to more than five o'clock in the afternoon. The afterglow of the setting sun gently shines on the glass windows of the Kangle Building, reflecting a brilliant light and shadow, which is beautiful beyond words.
After thinking about it, Lin Haoran picked up the phone and dialed the number of his parents' home.
"Dad, I'm back in Hong Kong. I plan to come over to your place later. I want to have dinner with you and Mommy tonight." After the call was connected, Lin Haoran said to his father Lin Wanan with a smile.
"I'm glad you're back, I'm glad you're back! I'll ask the kitchen to prepare some delicious dishes, please come back early!" Hearing Lin Haoran's voice, Lin Wanan seemed particularly happy and surprised.
"Okay Daddy, I promise to be home before seven o'clock!" Lin Haoran responded with a smile.
(End of this chapter)
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