Legend of Xiangjiang Tycoon Chapter 269

China Bus Co., Ltd. is mainly engaged in bus operations on Hong Kong Island. It was established in 1933 by Yan Chengkun and Huang Wangcai. It is the second largest bus company in Hong Kong.

　　 Hong Kong's largest bus company, Hong Kong Kowloon Motor Bus Co., Ltd., is mainly engaged in bus operations in the New Territories of Kowloon and was established by Justice of the Peace Tang Shiu Kin.

　　Kowloon Bus was established later than China Bus, so it could only operate in the underdeveloped Hong Kong Kowloon and New Territories at the beginning.

　　In the 1960s, the New Territories became a new industrial area, and the Kowloon Bus came from behind, surpassing China Bus, and became the leader of the bus industry in Hong Kong.

　　 Although Zhonghua Bus ranked second, due to the soaring land prices on Hong Kong Island, the large amount of land occupied by Zhonghua Bus's parking lot, repair shop and bus factory has become a veritable land king.

　　 After Huang Wangcai, who was in charge of shipping, died, Huang Wangcai gradually reduced the shares of Zhonghua Bus. Zhonghua Bus became the world of Yan Chengkun. Yan Chengkun was the chairman, and his son Yan Jieqiang was the director and presided over administrative affairs.

Because CMB has patent protection, no competitors, it is inevitable that it has a conservative style, is not enterprising, and has poor service quality. In addition, Yan Chengkun was born as a sedan chair and has insufficient sensitivity to the real estate industry. Therefore, it has become the king of China Bus. The parking lot, repair shop and bus factory are still the same as before, abandoned there instead of being built into residential buildings.

　　 In the mid-1970s, the Hong Kong Transport Advisory Committee once suggested to the Hong Kong government that the British Overseas Transport Company and two Hong Kong real estate companies should participate in the joint operation of China Bus Company Limited. This was rejected by Yan Chengkun.

　　 After this, China Bus still hasn't improved much, so China Bus stock has been in a downturn for a long time, and its market value is lower than its strong assets.

　　 A listed company is in a downturn and is most likely to become the prey of the acquirer.

　　 Another major reason why Zhonghua Bus has become a prey is the large amount of cheap land for parking lots, repair shops and bus depots obtained by Zhonghua Bus in the early years mentioned above. These land is now worth a hundred times, but China Bus is not developed and used.

　　 This situation is like a milk company. If a strong man hides treasure, it is difficult for ordinary people to start. If a weak one hides treasure, treasure hunters abound.

　　 The milk company mentioned here is the milk company that Li Zhiwen asked Niu Bijian to mortgage.

　　Milk Company was originally a company specializing in milk products and ice making. In the early days, it obtained a large amount of land from the Hong Kong government to build ice factories. Later, these ice factories were worth a hundred times, and the milk company did not develop and utilize them.

　　 was finally acquired by the Land Group in the battle between Land Group and Dairy Company in 1972.

　　 But nowadays, it is not doing well and the board of directors is not in harmony with China Bus, which is the weak and the target coveted by others.

　　 January 7, Wenhua Hotel Cafe

　　 Willis took a sip of the coffee on the table, and then said: "Mr. Luo doesn't know what business needs to be negotiated."

　　 Willis served as the Hutchison Whampoa class in the 1970s. Soon after Li Jiacheng entered the Hutchison Whampoa in 1979, Willis withdrew from the Hutchison Whampoa.

　　 Willis told reporters after leaving Hutchison Whampoa: "Hutchison Whampoa is a public company. I work for many shareholders. From now on, I will work for myself."

After that, Willis founded a company called Asia Securities. Willis is proficient in securities and is good at reorganizing the company's shareholding structure. He quickly won the reputation of "company doctor" and became an agent and think tank for the acquisition and reorganization of various companies. .

　　 And the full name of Mr. Luo here is Luo Xurui, Luo Yingshi's third son.

　　 In early January 1981, Luo Xurui served as the general manager of Paliburg, a subsidiary of Luo Yingshi.

　　 Luo Xurui graduated from the Department of Architecture of the University of Hong Kong, and Luo Xurui climbed to the top of the family step by step.

　　 And Luo Yingshi's first task for Luo Xuruide was to seize control of China Bus.

　　 So when Luo Xurui was appointed as the general manager of the company, his first idea was to invite Willis to serve as a think tank.

　　 "What does Mr. Willis do, what I invite Mr. Willis to do." Luo Xurui said.

　　 "I don't know which company Mr. Luo has chosen?" Willis said with a smile.

　　 "China Bus Co., Ltd.!" Luo Xurui was straight to the point.

　　 "China Bus Co., Ltd.?" Willis repeated, thinking about the company's situation in his head.

　　 "Yes, Zhonghua Bus." Luo Xurui confirmed again.

　　 "Mr. Luo hit the nail on the head, Zhonghua Bus is a company whose market value is seriously underestimated." Willis said.

　　 "So Mr. Willis can handle it?" Luo Xurui continued to ask.

　　 "Yes, but..." Willis didn't say half of his words.

　　 "But what?" Luo Xurui frowned and said.

　　 "You have to add money!" Willis said.

　　 Luo Xurui laughed, and then said: "Of course there is no problem, as long as the acquisition can be achieved, all conditions can be negotiated."

　　 "What is Mr. Luo doing now?" Willis said.

　　 Luo Xurui reached out and pushed the folder on the table to Willis, then nodded.

　　 Willis didn't say much, opened the folder and looked at it.

After a while, Willis put down the folder, took a sip from the teacup on the table, and then said: "Mr. Luo is fully prepared. He already holds 4.248 million shares of Zhonghua Bus, accounting for 11.5 of the total shares. % Equity."

　　 "Mr. Willis is overwhelmed~www.mtlnovel.com~ If you are not prepared enough, how dare you come to see Mr. Willis." Luo Xurui smiled and took a sip of the coffee on the table.

　　 "I don't know what Mr. Luo is going to do? What is it to achieve." Willis asked.

　　 "Of course it is to reach a controlling stake, and it can't touch a full-scale acquisition, but also to let Yan Chengkun settle down and stop competing with me for Zhonghua Bus." Luo Xurui said.

　　 "This is probably a bit difficult. Yan Chengkun currently holds 28% of the shares of China Bus. Any fluctuations in the market will be noticed by him. By then, it should not be too easy for Yan Chengkun to increase shares."

　　 "We still need to start with Huang Wangcai's son Huang Yaonan. Since Huang Wangcai's death, the two families of Huangyan have been in disagreement. As long as we can get 8.35% of China Bus shares in Huang Yaonan's hands, we are not too far away from Yan Chengkun."

　　 "As for not triggering a full acquisition, this is simple, we can take a partial acquisition." Willis said.

　　 "Partial acquisition?" Luo Xurui looked at Willis with a puzzled expression.

　　 There is no way, it is the first time that Luo Xuru has heard of the term partial acquisition, which used to be full-scale acquisitions.

"We can use China Bus to maintain its status as a publicly listed company in accordance with the Public Bus Service Regulations in order to be able to enjoy the provisions of patent rights. The proposed comprehensive acquisition does not conform to the spirit of the regulations, so we only need to have more shares than Yan Chengkun." Willis said.

　　 "Can this work?" Luo Xurui asked hesitantly.

　　 "Try to see if you see it!" Willis spread out his hands and said.

Chapter end

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