MTL - Centennial Family, Rising From Hong Kong Island-Chapter 280

Just like now, Su Shaoze decided to expand the banking business in the United States, which requires a lot of US dollars.

What if the bank's own assets are not enough?

Capital increase!

In order to ensure that its equity will not be diluted, Standard Chartered Group must maintain the same proportion of capital increase with Galaxy Group.

But now the problem is that Standard Chartered has no money!

I lost a lot of money when I failed to invest in the United States, and the rest of the money was **** and could not be taken out in a short time.

Moreover, there was a battle for equity with Galaxy Group before, and Standard Chartered Group also spent a lot of money and loaned some money.

It can be said that the current Standard Chartered Group is about to become an empty shelf, carrying a lot of debts.

There is simply no strength to compete with the Galaxy Group for financial resources.

Galaxy Group invested 200 million US dollars?

Then Standard Chartered Bank will come up with 160 million US dollars.

Thinking of this number, Clermont took a deep breath, his face was terrifyingly black, and he looked at Su Shaoze with wide eyes.

"I don't agree~"

Clermont immediately retorted, righteous words, very firm.

"Standard Chartered Bank is already one of the largest banks in the world. It already has many branches in the United States. We don't need to spend a lot of money to expand our business."

The Standard Chartered Group’s previous investment in the United States suffered heavy losses, which left a deep impression on Clermont.

Once bitten by a snake for ten years, he was afraid of the rope, and he didn't want to fall into the big hole in the United States again.

"Yes, this decision is too risky."

Clermont's words were approved by several other minority shareholders. Standard Chartered Bank has no money, and they don't have much money!

And going to the United States to do business, the unknown is too great, what if you lose money.

It is a pity that Su Shaoze is the chairman of the current board of directors of Standard Chartered Bank. He holds 52% of the shares and has absolute voting rights.

Even if other people unite, they cannot deny Su Shaoze's decision.

"In the next 30 years, the center of the world's financial market will still be the United States, and Standard Chartered Bank should not be conservative and cling to a colony that cannot survive."

In the last life, the decline of Standard Chartered Bank gradually appeared, in addition to improper management, it was also related to development planning.

They continue to abolish business in the United States and shift their focus to the third world.

Although it is said that it is better to be a chicken head than a phoenix tail, such an approach also loses the influence of its World Bank giant.

To know that for a bank, credibility and status are very important.

"Since everyone disagrees, it doesn't matter, let's vote~" Su Shaoze said lightly.

Hearing this, Clermont and the others became even more angry.

One shareholder of your Galaxy Group has more shares than everyone else, so what else do you invest in?

This is not a hooligan!

But it is absolutely impossible for Clermont to agree to increase the capital, let alone whether Standard Chartered Group has 160 million US dollars, even if it does, he will not be able to invest in the United States.

You must know that the Galaxy Group, which now controls Standard Chartered Bank, is a member of the Galaxy Group, President Chen Zhiming.

The expansion of the business in the United States is also the final say of the Galaxy.

They must be doing shit, there are too many ways to hack Standard Chartered's money.

But if you don't increase capital, your own equity will be diluted again.

Completely in a dilemma.

But at this time, Su Shaoze laughed, stood up, walked behind Clermont, grabbed his shoulders, and said in a kind manner:

"Mr. Claremont, don't be so confused."

"I, Su Shaoze, pay attention to integrity in doing business, and I will never harm my friends."

Believe in Su Shaoze, there will be no more scum that will definitely be pitted.

Clermont didn't believe it anyway.

"Of course, if Standard Chartered and everyone really can't come up with that much money, then I have a solution here." Su Shaoze continued.

He slowly walked back to his position, but instead of sitting down, he stood there, leaning forward on the table with both hands, and leaning forward slightly.

His sharp eyes swept over several shareholders, and said solemnly: "Our Galaxy Group can purchase the shares in your hands at the market price."

"As long as you sell your equity to me, you don't have to worry about whether Standard Chartered Bank's investment in the U.S. will fail, and you don't have to worry that your equity will be slowly diluted by my Galaxy Group, let alone being pitted by me, Su Shaoze. become nothing."

buy!

That's right, Su Shaoze wants to buy the shares in these people's hands, thus turning Standard Chartered Bank into a bank wholly owned by Galaxy Group.

In the future, it will even be forced to apply for the delisting of Standard Chartered Bank!

As the core of Galaxy Group, Standard Chartered Bank is too important, and the funds of the entire Galaxy Group will be run through Standard Chartered Bank.

For next year's stock market crash, Su Shaoze also needs to go through Standard Chartered Bank. He will never allow his assets to be exposed to the surveillance of outsiders and the market.

"what?"

Hearing this, Clermont immediately stood up and directly refused: "Impossible."

"Standard Chartered Bank was established by our Standard Chartered Group, and we will never sell its shares."

Not for sale?

It's just that the price is not enough, but Su 023 Shaoze does not intend to increase the overweight.

The previous premium acquisition was entirely for the purpose of competing with Standard Chartered Group for shares.

Now that the Galaxy Group has controlled Standard Chartered Bank, it is absolutely impossible for anyone to take advantage of it.

"The share price of Standard Chartered Bank has not completely fallen yet. Even if you buy it at the market price, you can still make a profit."

"After a period of time, Standard Chartered Bank stabilizes and the stock falls, it will be difficult for you to escape." Su Shaoze said in a deep voice.

Because of the strong acquisition of Galaxy Group, the share price of Standard Chartered Bank has been pulled up a lot, and it has not completely fallen yet.

But it's not far from returning to normal.

The longer they wait, the lower the value of their stock.

"And with all due respect, your Standard Chartered Group's main business is Standard Chartered Bank."

"Without the control of the bank, your Standard Chartered Group is left with nothing but an empty shell. What are you still doing with your shares? Be a nominal shareholder?"

"It's better to sell the stock and take a lot of money to invest in other industries."

"Petroleum, real estate, electronic technology..."

"Of course, it's just my advice, but it's in your best interest."

"Think about it!"

After Su Shaoze finished speaking, he nodded to Clermont, and then led him out of the conference room.

Chapter 487 Hong Kong Island sensation, a century-old dream 【Seeking flowers! Ask for a monthly pass! 】

The acquisition of Standard Chartered Bank is not too difficult. It is mainly about financial operations and strong cash support.

The Galaxy Group can already be regarded as a small consortium.

A single company, or even a bank with assets of one billion dollars, has no power to fight back when faced with a comprehensive consortium.

A few days later, Standard Chartered Group and other shareholders finally transferred their shares to Galaxy Group.

The Galaxy Group has gained control of Standard Chartered Bank, and it makes little sense for them to continue to hold shares.

It is even possible that the Galaxy Group will be pitted, causing assets to shrink and shares to depreciate.

In desperation, it is better to sell them all to the Galaxy Group and use the cash to do other business.

From then on, Standard Chartered Bank, an international bank with a history of more than 100 years, will completely belong to the Galaxy Group.

And become the core of Galaxy Group's future financial business, has a very important position.

In the Office of the President of Standard Chartered Bank, Su Shaoze said to Chen Zhiming, "I will return to Hong Kong Island in a few days, and I will leave it to you in Lun Dun."

"Don't worry, Chairman!" Chen Zhiming nodded.

Now that he has become the president of Standard Chartered Bank, he must stay in Japan for a short time.

For some time to come, Standard Chartered Bank is bound to experience a turmoil, which is inevitable.

After all, I just changed to a new owner, and the people below will definitely be very uncomfortable.

Moreover, the new owner also changed the blood of the senior management of Standard Chartered, dismissed some of the senior backbone of Standard Chartered Group, and replaced them with people from Galaxy Group.

Therefore, the following people must also feel that they are in danger.

And Chen Zhiming's next step is to stabilize people's hearts as soon as possible, and then he can continue his business.

"I'm relieved to do things." Su Shaoze nodded lightly.

During his tenure as the President of Wing Lung Bank, Chen Zhiming showed his extraordinary work ability and his contributions are obvious to all.

Therefore, Su Shaoze will not hesitate to let him serve as the president of Standard Chartered Bank.

"After you take over as president of Standard Chartered Bank, you have four things to do."

"The first is to stabilize people's hearts, replace the management with our people, and slowly adjust the following, but don't worry, take your time, try not to cause big fluctuations as much as possible, and stability is the main thing."

"Then, prepare for the delisting of Standard Chartered Bank!" Su Shaoze said in a condensed voice.

This matter has long been decided within the group.

Stocks are often delisted because the face value is too low, the share capital is not enough, the number of shareholders is not enough, the stock price is too low, and fraud is forced to be delisted.

This time, Standard Chartered Bank is preparing to take the initiative to apply for delisting, settle with the stock price of the day, and refund all shareholders' funds. From now on, Standard Chartered Bank will no longer be a listed company.

Why did Su Shaoze let Standard Chartered Bank take the initiative to delist?

Quite simply, going public is generally more beneficial than detrimental, but it also depends on the situation.

Galaxy Group has mastered more than 95% of the shares of Standard Chartered Bank. After delisting, Standard Chartered Bank will completely belong to Galaxy Group.

Own 1% of the equity!

The reason why the company is listed is to make money. Su Shaoze feels that there are many companies under his name that can make money, and he does not need to use the important Standard Chartered Bank to list.

This is the core industry of Galaxy Group.

Moreover, delisting has other advantages. After delisting, there is no need to publish financial reports, which facilitates many operations and avoids the constant monitoring of the capital flow of Galaxy Group.

"The third is the merger of Wing Lung Bank and Standard Chartered Bank, and the last is the expansion in the United States."

...

Both of these things are important, and the merger of the two banks means reducing wasted resources and focusing as much as possible.

Wing Lung Bank is basically merged into Standard Chartered Bank, except for Maoziguo branch.

After all, Mao Ziguo is very important, and the layout has been in place for several years, so it cannot be easily changed.

As for the United States, it is about the Galaxy Group's plan a year later. In that tragic stock market crash, how much the Galaxy Group can profit.

Su Shaoze and Chen Zhiming discussed the development plan of Standard Chartered Bank.

On the second day after Galaxy Group completed the acquisition of Standard Chartered Bank, this matter was reported back to Hong Kong Island, which caused a huge sensation.

This morning, the most authoritative Economic Daily on Hong Kong Island first disclosed the news.

You must know that [Economic Daily] is a newspaper belonging to Su Media, and it is normal for them to be the first to get news.

"This newspaper reports that at 21:00 on March 9, Hong Kong Island time, Galaxy Group officially completed the acquisition of Standard Chartered Bank."

".¨Mr. Su Shaoze, Chairman of Galaxy Group, became the Chairman of the Board of Directors of Standard Chartered Bank."

"Mr. Chen Zhiming, the former president of Wing Lung Bank, assumes the position of president of Standard Chartered Bank."

...

[Economic Daily] first reported the news that Standard Chartered Group was acquired by Galaxy Group, and then introduced the entire acquisition process.