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MTL - Rebirth of Hong Kong 1981-Chapter 1000 turnaround
Chapter 1000 The twist
In the face of Michael Kadoorie's mocking tone, Yang Chen was not angry, because what the other party said was the truth, even if he was eloquent, he couldn't change anything.
In this era, the major shareholders may not be able to do whatever they want, but the major shareholders who hold the absolute controlling rights of the company can definitely do whatever they want.
Having said that, the smile on Yang Chen's face did not disappear.
"Of course I'm aware of this, but without Mobil, I wonder if Chunghwa Power will continue to participate in which cooperation?"
As soon as Yang Chen's words fell, the expression on Michael Kadoorie's face instantly froze. The investment amount for cooperation with the inland side was not small. Once Mobil Corporation withdraws its capital, the Kadoorie family will be under huge financial pressure.
The financial pressure is enough. The most terrible thing is that the Kadoorie family has been targeted by Yang Chen. Anyone who knows Yang Chen knows his character.
After thinking about it, Michael Kadoorie took a deep breath and smiled bitterly: "Yang Sheng, why don't we both take a step back?"
"Mr. Mi Gao, please speak." Yang Chen stretched out his hand and made a request.
He really wanted to see how Mikoto Kadoorie wanted to take a step back, and Yang Chen was actually quite proud of being able to force such a big boss to retreat again and again.
Of course, on the surface, he definitely wouldn't write the word "comfortable" on his face, it would be too ugly to look like that.
Michael Kadoorie opened his mouth and said: "As for the power supply business in the New Territories, I hope that Heung Kong Electric, a subsidiary of Yang Sheng, can stop in the high-tech park, and CLP Power will be responsible for the outside."
This is his biggest concession. He has to explain this to the directors of the board of directors. If everyone can't understand it, it will be difficult for him to sit down.
Although the Kadoorie family has absolute control over CLP Power, this right does not belong to Michael Kadoorie alone, but belongs to the members of the entire Kadoorie family.
Once Michael Kadoorie is opposed by the board of directors, there is no doubt that the Kadoorie family will re-elect a person.
However, for the sake of the family, Michael Kadoorie chose to sacrifice his personal interests. When the children of the big family enjoy the benefits brought by the family, they also need to be ready to sacrifice at any time.
Mike Kadoorie's choice naturally needs to put the family's interests first, so that the Kadoorie family can disappear from Yang Chen's sight, and no longer be remembered by the other party, and the idea of attacking the Kadoorie family is the most important thing.
Seeing that Yang Chen didn't speak, Michael Kadoorie continued: "Yang Sheng, I don't think my request is too much. If Chunghwa Electric Power insists on entering the High-tech Park, I think the Governor will support it."
Yang Chen unexpectedly glanced at Michael Kadoorie, seeing that he didn't seem to be joking, after thinking for a moment, he nodded and said, "Okay, Mr. Michael, congratulations on persuading me, as long as Chunghwa Electric does not interfere with the power grid of the High-tech Park If it is laid, then HK Electric will not have a business elsewhere in the New Territories.”
How important the power network is in the era of science and technology industry, there is no need to say more. Once the power supply of the high-tech park is in charge of CLP Power, then it is equivalent to being held by the other party for seven inches.
In this way, if one day the Kadoorie family thinks something they shouldn't have, such as a power outage, the loss is not something ordinary people can afford.
Although this possibility is very slim, Yang Chen doesn't want to bet on this kind of thing.
"Mr. Michael, I think we can talk about the Hong Kong Hotel next."
"Press?" Michael Kadoorie looked at Boss Yang with some doubts, things have come to this stage, what else is there to talk about?
Do you still want to lower the price?
But it doesn't matter even if the price is lowered, the Kadoorie family doesn't hold much shares, and if they don't lose a few money, they should spend money to eliminate disasters and buy a lesson.
"Mr. Michael, the acquisition plan of the Xiangjiang Hotel was mainly based on my whim. Now that the matter has been settled, the Xiangjiang Hotel is natural"
Before Yang Chen could finish his words, Michael Kadoorie said excitedly, "Don't tell me Yang Sheng, are you not going to continue to buy the Hong Kong Hotel?"
Facing Michael Kadoorie's unexpected and expectant gaze, although Yang Chen didn't want to hit him, he still spit out a sentence, "Acquisition still has to be acquired, this will not change."
Michael Kadoorie: "…"
Michael Kadoorie felt a basin of cold water falling from the sky, which poured cool water into his heart that had just warmed up.
Not waiting for Michael Kadoorie to be disappointed for too long, Yang Chen continued: "However, the shares of the Xiangjiang Hotel held by the Kadoorie family can be retained."
Michael Kadoorie looked at Boss Yang with some doubts when he heard this. Now he has no idea what the other party wants to do. Since it is going to be acquired, why do you keep the shares of the Kadoorie family?
Although Michael Kadoorie couldn't figure it out, he still asked in cooperation: "Yang Sheng, what you said is really hard to understand."
"It means that Kadoorie can continue to operate the Hong Kong Hotel Group when the Yang consortium acquires the shares of other shareholders."
"Of course, it is limited to the hotel business, and other businesses will be split and integrated into other companies in the Yang's consortium."
"Is what Yang Sheng said true?" Michael Kadoorie said excitedly.
The legendary twist?
Kadoorie has no interest in other business of the Hong Kong Hotel. Earlier, Kadoorie was in charge of the Liang family except for the hotel business of the Hong Kong Hotel.
Now I hear that the Kadoorie family can still be in charge of the hotel business of the Hong Kong Hotel. How can this not surprise and surprise Michael Kadoorie? No matter what Yang Chen thinks, as long as the Hong Kong Hotel can still be run by the Kadoorie family, Then Michael Kadoorie didn't care what the other party arranged.
Yang Chen nodded with a faint smile: "Of course, I don't need to lie about this to deceive Mr. Migao."
Michael Kadoorie was also very straightforward after receiving the assurance from Boss Yang, and immediately said: "I will fully support Yang Sheng in your acquisition of the Hong Kong Hotel, and will continue to operate the Hong Kong Hotel in the future."
"I believe in Mr. Migao." Yang Chen nodded.
The reason why Yang Chen left Michael Kadoorie and let the Kadoorie family continue to hold the shares of the Hong Kong Hotel is simply because he did not want to cause chaos in the Hong Kong Hotel.
In any case, the Hong Kong Hotel has been run by the Kadoorie family for decades, and they are all promoted by him inside and out. If the Kadoorie family is hurriedly driven away, it is easy to make the senior executives of the Hong Kong Hotel panic.
Another, and the most important point, Yang Chen didn't feel anything wrong with the conservative business model of the Kadoorie family.
So, there is nothing wrong with letting the Kadoorie family continue to operate and let them make money for themselves?
——
(end of this chapter)