Reborn Shenhao Miner

Chapter 334: Winning Standard Chartered Gangjiang Bank Business!!

As soon as he heard Li Mingxuan say this, Standard Chartered Taiban suddenly couldn’t sit still.

Just like Li Mingxuan said, don’t think about human nature.

If the other party really buys at a very high premium, it is not impossible for the black knight who does the hostile takeover to change ownership of the entire Standard Chartered.

In the most dangerous situation of Standard Chartered now, many heroic consortiums have actually expressed doubts about whether they will continue to hold Standard Chartered, and in this case, it is really hard to believe that someone will turn into a white knight to rescue their Standard Chartered Bank.

And Li Mingxuan looked at Standard Chartered’s Taipan, and a smile appeared at the corner of his mouth.

In fact, he did not target the entire Standard Chartered from the very beginning.

Because Standard Chartered’s shares are too dispersed, it is basically impossible to acquire a controlling stake with Chinese capital in the market.

It should be known that Standard Chartered Bank is a listed company listed in Hong Kong and London at the same time.

In addition, as a John Cow bank, even if Li Mingxuan really acquires more than 50% of the shares and achieves relative control, it needs to be approved by the John Cow government.

If it opposes your acquisition, even if you have shares, it doesn’t matter.

It can only be sold at a very low price, as the world’s-stirring stick, don’t believe the next work of the John Cow government.

Another point is that according to Li Mingxuan’s internal information, at most a month, the Hong Kong and Jiangjiang legislature will revise the new legal tender bill issuance regulations, which is to abolish John Niu’s Standard Chartered right to issue currency.

That’s right! It is the right to issue money!

193 It is clear that this is a reluctance of the florist to give the right to issue money entirely to a foreign bank.

However, the new regulations also give the conditions for redemption, if Standard Chartered wants to retain the right to issue money, it will have to divest the business of Hong Kong River.

Became Hong Kong Jiang Standard Chartered Bank.

Although it sounds similar, it is just two more words.

But all the nature is different, one of them is John Cow Bank, the other is Hong Kong Bank.

Therefore, this is also one of the reasons why Li Mingxuan wants Standard Chartered’s Hong Kong and River business.

In fact, what he really cares about is not Standard Chartered Bank, but the right to issue money.

Don’t forget, he still has more than 500 tons of gold that has been recast and placed in his underground warehouse at 22 Baijia Road, Mid-Levels of the Harbour River, and there are also $86 billion of national bonds molding after all the counting.

And once he can get the Standard Chartered Bank of Hong Kong, relying on these gold reserve bureaus and bonds, he has the means to print trillions of Hong Kong dollar bills, so that gold and bonds of various countries can be laundered.

Of course, the development of the Li family also needs a bank as a backing, just like Xu Xin said that the future will play a great role in capital circulation and security.

However, at this time, the Standard Chartered Taipan could not be the master of Li Mingxuan’s proposal, he said.

“Mr. Li, we need to discuss this matter for a while before we can decide!”

Hearing this, Li Mingxuan nodded: “Then please!” ”

After the two left, Xu Xin, who came to accompany the negotiation, asked, “Boss, do you think they will agree?” ”

“Hehe, if they don’t agree, I have a way to make them obedient!”

Li Mingxuan said confidently on the other side, when Standard Chartered’s Taipan and Swire representatives returned to the Standard Chartered headquarters of Hong Kong.

He said Li Mingxuan’s conditions to the representative of the British-funded consortium.

Hearing this, the deputies fell silent one by one.

Some of them are very impressed, some are opposed, and others are neutral.

Those who are moved feel that although the port river once brought great benefits to Standard Chartered, these benefits are diminishing with the return of the port river.

In addition, as a global bank, Standard Chartered not only has business in Hong Kong, Asan, Southeast Asia, but also has a large business in Europa.

Even if you lose the port business, it is actually nothing to Standard Chartered.

However, the opposition believes that the Hong Kong business is a springboard for Standard Chartered, and it is precisely because Standard Chartered has the Hong Kong River business that it can radiate its business to Southeast Asia and the third country.

If the loss of the port and river will inevitably make the current Standard Chartered worse.

Eventually, there was a lot of bickering in the room.

“Gentlemen, I think it’s better to decide according to the vote of shares!”

Standard Chartered’s Taipan said.

Such an inefficient quarrel is something he does not want to see.

As a result, the British-funded consortium began to vote on whether it should abandon the Hong Kong and River business.

In the end, to Standard Chartered’s Taipan, it was incredulous that it was in favor of abandoning the Hong Kong River business and occupying 600.

And only 30 opposed, and the remaining 10, that is, six out of ten of these John Ox gentlemen felt that they should give up the Hong Kong River business and return the stock, as long as they could get 25.64% of the shares in Li Mingxuan’s hands, then their shares in Standard Chartered Bank could exceed 70 or so, completing absolute control.

In this way, they will no longer be afraid of Standard Chartered Bank being damned hostile takeovers.

“Well, gentlemen, I see what you’re thinking!”

Standard Chartered Taipan sighed slightly disappointed.

So, the next day, Li Mingxuan received a reply from Standard Chartered Bank.

They are willing to sell all of Standard Chartered’s business in Hong Kong River, including 38 of Standard Chartered’s outlets and a building headquarters property in Hong Kong River.

In addition to paying 25.64 shares, Li Mingxuan also needs to pay another 1 billion Hong Kong dollars in cash as the acquisition cost of the headquarters building.

Standard Chartered Bank Building, located at No. 4-4A Des Voeux Road Central, Hong Kong Central, 185 meters high, with a total of 42 floors, adjacent to Hui Fung Head Office Building in the east, Jiaxuan Plaza in the west, and Prince Building in the north.

Naturally very good in the location.

In the future, this piece of land alone is far from being comparable to 1 billion Hong Kong dollars.

However, in this way, his acquisition of Hong Kong Standard Chartered Bank is equivalent to spending about 1 billion US dollars, which is more than 9 billion Hong Kong dollars according to the exchange rate.

The price is not too high, but for a mere 1 billion US dollars, Li Mingxuan got the right to issue currency, and also got a third largest bank in Hong Kong, how to see how to account.

In order not to dream too long, soon the two parties signed a transfer contract.

After Li Mingxuan and Standard Chartered Bank’s Taipan signed the names of both parties on the contract, the transaction was completed.

From today, Standard Chartered Harbour River Bank and Standard Chartered Bank are two companies with similar names.

Because there is such a clause in the contract, Standard Chartered Port River Company is allowed to continue to hold the title of Standard Chartered, but the bank logo must be changed.

It’s like ‘conscience’ buying IBM’s PC business and continuing to use IBM’s identity to produce computers.

However, when the Hong Kong media learned about the acquisition, there was an uproar.

You must know that this is the third largest bank in Hong Kong and has the right to issue currency.

However, I did not expect that today it was acquired by Chinese capital and changed owners.

This was simply unimaginable before, even if Li Mingxuan only acquired the Standard Chartered Port River business, but it also shocked them.

Some media even characterized this incident as the same contribution as Lee Jiacheng’s acquisition of Hutchison Whampoa, and Lee Jiacheng’s acquisition of Hutchison was a clarion call for the war between Chinese capital and British capital.

Li Mingxuan’s acquisition of Standard Chartered was a comprehensive victory for Chinese capital over British capital.

Of course, some people think that Li Mingxuan is stupid and has a lot of money, and he actually spent $1 billion to acquire the port business in Standard Chartered District.

You must know that in 2004, the market value of Standard Chartered at its peak was more than 3 billion pounds, and did Gangjiang occupy one-third of Standard Chartered’s main business?

Some people are very skeptical.

These people have no idea that although Standard Chartered operates in many countries, especially in Asia and Africa, it has very few customers in John Niu, and 30% of its profits in 2003 came from the Gang Giang area.

If it weren’t for the thunderstorm of Standard Chartered in the plaster this time, there was a serious deficit, and the major British-funded consortiums were not ready to come up with real money.

If you want to buy the Gangjiang business for a mere 1 billion US dollars, you don’t even think about it, but no matter what these people think, this acquisition of Li Mingxuan is still satisfied.

Sure enough, on July 1, 2004, it was the same as Li Mingxuan knew in advance.

With the incorporation of Standard Chartered (Hong Kong) Bank, the legislature revised the regulations on the issuance of legal tender notes.

The amendment replaced Standard Chartered Bank as one of the issuing banks in Hong Kong with the newly established Standard Chartered Bank (Gangjiang) Limited.

It was on this day that Li Mingxuan obtained the right to issue currency.