Chapter 783 Yang Ming officially swallows up Wheelock, the third largest foreign trade company in Ho

Chapter 783 Yang Ming officially swallows up Wheelock, the third largest foreign trade company in Hong Kong!

Wheelock \u0026 Company Headquarters.

Office of the Chairman.

John Stool kept looking out the window sadly.

Wheelock \u0026 Company's annual profit dropped from a maximum of HK$1.5 billion in 1981 to HK$100 million in 1982, a difference of HK$1.4 billion. Now the shipping industry has incurred debts of tens of millions of dollars.

most important.

Now the Zhang family, the largest shareholder of Wheelock \u0026 Company, is no longer willing to cooperate with him.

At this moment, the 64-year-old John Mashio suddenly felt very tired and had a sudden desire to quit.

In 1976, he wanted to sell all his shares in Wheelock. However, at that time, the real estate in Xiangjiang suddenly improved again, and he was reluctant to sell it, until now.

If the Zhang family still supports him as before, he may want to continue doing it. Now that he is older, he mainly develops the shipping industry and has suffered such huge losses. The shipping industry has not developed at all, and Xiangjiang's real estate is in crisis again.

Now Wheelock's main business is real estate and shipping, but it has been completely dragged down by these two industries.

Now Wheelock's stock has dropped to more than three yuan, which he never dared to imagine.

"Boom!"

There was a knock on the door.

When John Ma Shi went to open the door, he found that it was his female secretary who came to see him with someone he could not imagine.

"Chairman, Mr. Merlis wants to see you."

Melis?

Of course John Ma Stool knows that he is now the number two figure in the Empire Group and a truly powerful person.

"Mr. Malice, are you coming here?"

"Mr. Horse Stool, I have something very important to tell you."

Come in at Merith.

The female secretary went out and closed the door.

Merith knew that John Horseshoe and his father George Horseshoe were not real Anglo-Saxons. He, like the Kadoorie father and son of the Kadoorie family, were both British Jews.

In other words, after all calculation, the other party is actually a Jew.

Because he is a British citizen, Wheelock \u0026 Company is counted among the four largest foreign companies in Hong Kong.

"Mr. Malice, I don't know what you want to say?"

"Mr. Ma Shi, I am here for Wheelock shares this time. Now the Zhang family has agreed to sell all Wheelock shares to the Imperial Group."

Come for Wheelock Shares?

John Horse Stool was a little shocked.

Soon it felt normal again.

It was under his witness that Sir Yang of the Empire Group began a series of acquisitions, including Wharf, Hutchison Whampoa, and even Jardine Matheson Land.

Especially when the Imperial Group acquired Hutchison Whampoa from Huifeng Bank and Shen Bi, he saw Sir Yang with his own eyes.

At that time, he felt that Sir Yang was not a simple person.

Especially when you look into his eyes.

Now it is time to take action against Wheelock.

If it was before 1981, John Horseshoe would not have been able to sell Wheelock to anyone, including Sir Young and the Imperial Group.

Now he didn't expect that Wheelock would fall to this level in his hands.

"Have the Zhang family sold their shares to you?" John Ma Shi asked.

"Yes, Sir Yang has gone to see Mr. Zhang Yuliang in person."

"Then why doesn't Sir Yang come to see me?"

John Horseshoe smiled.

At first, Yang Ming still greeted him with respect. However, when Yang Ming swallowed up Hutchison Whampoa, he began to make John Ma Stool wary.

"Mr. Ma Shi, it's like this. My boss said that it would be easier to talk to Mr. Zhang Yuliang if he is Chinese. We are both white, so let me come to see you."

John Stool nodded.

John Horseman also praised Sir Yang's series of acquisitions in recent years. He felt that Sir Yang was better at doing business than the Jews.

"Mr. Merrith, I wonder how much money you want to spend to acquire my shares?"

Since the Zhang family has agreed to sell Wheelock shares to the Imperial Group, it means that the Imperial Group must have swallowed up Wheelock.

This is something no one can do!

In that case, why would he deliberately make things difficult for Sir Yang and the Imperial Group and cause unnecessary trouble for himself.

"Mr. Ma Shi, regarding the stock price of Wheelock \u0026 Company, we are willing to offer A shares at HK$5.5 per share and B shares at HK$0.55 per share. If you think it is not high, I can make the decision to increase the stock price to 6.0 per share for A shares and 6.0 Hong Kong dollars for B shares. 0.6 Hong Kong dollars per share.”

5.5 Hong Kong dollars per share?

Judging from the current price of Wheelock shares falling to HK$3.3 per share, the acquisition price offered by Imperial Group is not low.

If the Imperial Group makes an acquisition in the secondary market, there will definitely be a large number of investors selling Wheelock's shares to the Imperial Group.

"Mr. Merliss, then sell Wheelock A shares to Imperial Group for HK$5.5 per share."

Merith was not surprised.

This is indeed the best opportunity to acquire Wheelock \u0026 Company.

Now not only the Zhang family wants to sell, but also John's horse stool.

When John Horseman agreed to sell Wheelock's shares to Imperial Group and Sir Young, he seemed to breathe a sigh of relief.

At this time, Wheelock \u0026 Company, unlike Chen Songqing's Jiani Group, was now in a mess. In addition to debts, it also had many series of problems.

John Horseman sold Wheelock to Imperial Group, so he no longer had to deal with those things, but could get a higher stock price than now, and he was already very satisfied.

"Mr. Malice, wish Sir Yang good luck."

John Horse Stool said.

"Thanks."

. . .

When Merith returned to the Imperial Group, he found that his boss had returned.

Over there in the chairman's office.

"Boss, I didn't expect that John Horseman would sell Wheelock's shares to us so easily." Melis asked in disbelief.

This is the third largest foreign company in Hong Kong. Wheelock and Company is no ordinary company!

But that's the way it is now.

"Mailisi, Zhang Yuliang also agreed to sell us his shares."

Yang Ming feels that it may have a lot to do with the current real estate crisis in Hong Kong, the stock market crisis, and even the economic environment in Hong Kong.

"Boss, congratulations on swallowing up a large Xiangjiang group again."

Melis was also very excited.

Lin Xiuzhi on the side was stunned.

She never expected that the boss would swallow up Wheelock \u0026 Company, the third largest foreign trade house in Hong Kong, so quickly.

. . .

February 9, 1983.

The twenty-seventh day of the twelfth lunar month.

Wednesday.

On behalf of Empire Group and the Chang family, John Horseman signed contracts to acquire all of their shares in Wheelock respectively.

Wheelock \u0026 Company's A shares were purchased at HK$5.5 per share, and B shares were purchased at HK$0.55 per share.

Among them, the John Horseman family owns 21.035 million Wheelock A shares, accounting for 6.7%, and 53.549 million Wheelock B shares, accounting for 22.7%.

The total effective control rights are 13.5%.

The Zhang family owns 13.855 million Wheelock A shares, accounting for 4.4%, and 115 million Wheelock B shares, accounting for 48.9%.

The total effective controlling stake is 23.5%.

The Zhang family and John Ma Shi now have a combined effective controlling stake of 37%. However, before that, Yang Ming had already asked people to buy the stocks, with an effective controlling stake of about 8%.

After calculation, the effective controlling stake of Imperial Group and Yang Ming in Wheelock \u0026 Company is already 45%.

Less than 49%.

In fact, no one can compare with the Imperial Group.

Now the Imperial Group only needs to buy some more stocks from the secondary market, and the effective controlling stake reaches more than 49%, and it will have completely controlled Wheelock \u0026 Company.

Chapter Four!

Please subscribe! !