Centennial Family, Rising From Hong Kong Island

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

What if the bank itself has insufficient assets?

Capital increase!

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

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

I lost a large amount of money in a failed investment in the United States, and the rest of the money was locked up, and I couldn't get it out in a short time.

Moreover, there was a shareholding battle with the Galaxy Group before, and the Standard Chartered Group also spent a lot of money and repaid part of the loan.

It can be said that the current Standard Chartered Group is almost becoming an empty shelf, with a lot of debts.

There is no strength to compete financially with the Galaxy Group.

Galaxy Group injected 200 million US dollars?

The Standard Chartered Bank will have to spend 160 million US dollars.

Thinking of this number, Claremont gasped at 08, his face was frighteningly dark, and he looked at Su Shaoze with glaring eyes.

"I disagree~"

Clement immediately retorted, speaking righteously and resolutely.

"Standard Chartered Bank is already one of the largest banks in the world and 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 suffered heavy losses in investing in the United States before, which left a deep impression on Claremont.

Once bitten by a snake and afraid of well ropes for ten years, he didn't want to fall into that big pit in the United States again.

"Yes, this decision is too risky."

Clement's words were agreed by several other small shareholders. Standard Chartered Bank has no money, and they don't have much money!

Moreover, it is too unknown to go to the United States to do business, what to do if you lose money.

It's 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 in the United States, and Standard Chartered Bank should not conservatively stick to a colony that is not getting better."

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

They have been dismantling operations in the United States and shifting 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 its influence as a world bank giant.

You must know that for a bank, reputation and status are very important.

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

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

One shareholder of your Galaxy Group has more shares than everyone else, so what else to invest in.

This is not a hooligan!

But it is absolutely impossible to get Claremont to agree to a capital increase. Let alone whether the Standard Chartered Group has 160 million US dollars, even if it does, it is impossible for him to invest in the United States.

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

The expansion of business in the United States also has the final say of the Milky Way.

They must be playing tricks, there are too many ways to hack the money of Standard Chartered Group.

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

It's a complete dilemma.

But at this time, Su Shaoze smiled, stood up, walked behind Clement, grabbed his shoulder, and said kindly:

"Mr. Clement, don't be so entangled."

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

Believe in Su Shaoze, the dregs that will definitely be cheated are gone.

Clement didn't believe it anyway.

"Of course, if the Standard Chartered Group and everyone really can't come up with so much money, then I have another way here." Su Shaoze continued.

Slowly walked back to his position, but did not sit down, but stood there, leaning on the table with both hands, leaning forward and lowering his body slightly.

His sharp gaze swept over several shareholders, and he said in a deep voice, "We, 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 United States will fail, and you don't have to worry about your equity being gradually diluted by my Galaxy Group, and you don't have to worry about being cheated by me, Su Shaoze. become nothing."

Acquisition!

That's right, Su Shaoze wanted to acquire the shares held by these people, so as to turn Standard Chartered Bank into a bank wholly owned by Galaxy Group.

In the future, they will even forcefully apply for the delisting of Standard Chartered Bank!

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

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

"What?"

Hearing this, Clement 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 doesn't intend to increase the price.

The previous acquisition at a premium was entirely to compete for shares with Standard Chartered Group.

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

"Now the stock price of Standard Chartered Bank has not completely fallen. Even if you buy it according to the market price, you can still make a fortune."

"After a while, Standard Chartered Bank will stabilize and the stock will fall. It will be very difficult for you to escape." Su Shaoze said in a deep voice.

Due to the strong acquisition of Galaxy Group, the stock price of Standard Chartered Bank has been raised a lot, and it has not completely fallen yet.

But it's not far from returning to normal.

The longer the delay, the lower the value of the stock in their hands.

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

"If you lose control of the bank, your Standard Chartered Group will only be left with an empty shell. What are you still doing with the stock? Be a shareholder in name only?"

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

"Oil, real estate, electronic technology..."

"Of course, this is just my suggestion, but it is in your best interest."

"Think about it carefully!"

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

Chapter 487 Hong Kong Island is a sensation, a century-old dream [seeking flowers! Ask for a monthly pass! 】

The acquisition of Standard Chartered Bank is not too difficult, mainly due to financial operations and strong cash support.

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

A single company, or even a billion-dollar bank, has no power to fight back against a comprehensive consortium.

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

The Galaxy Group has already gained control of Standard Chartered Bank, and it doesn't make sense for them to continue to keep the shares.

It may even be cheated by the Galaxy Group, resulting in shrinkage of assets and depreciation of shares.

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 Galaxy Group.

And it will become the core of Galaxy Group's future financial business, and it will have 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 London will be handed over to you."

"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.

It is inevitable that Standard Chartered Bank will experience a period of turmoil in the future.

After all, he just changed to a new owner, so the people below will definitely feel very uncomfortable.

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

So the people below must also feel that everyone is in danger.

And Chen Zhiming's next step is to stabilize people's hearts as soon as possible before continuing to carry out business.

"I don't worry about your work." Su Shaoze nodded lightly.

During his tenure as the president of Wing Lung Bank, Chen Zhiming showed extraordinary working ability and made contributions that are obvious to all. Chen Zhiming is indispensable for the development of Wing Lung Bank to where it is today.

That's why Su Shaoze made him the president of Standard Chartered Bank without hesitation.

"After you take over as the president of Standard Chartered Bank, there are four things to do~ˇ."

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

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

This matter was decided long ago within the group.

Stock delisting is often forced to delist because of too low face value, insufficient share capital, insufficient number of shareholders, too low stock price, fraud, etc.

This time, Standard Chartered Bank is preparing to apply for delisting on its own initiative, settle the stock price on the day, and return all shareholders' funds. From then on, Standard Chartered Bank will no longer be a listed company.

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

It's very simple. Generally speaking, the advantages of a company's listing far outweigh the disadvantages, but it also depends on the situation.

Galaxy Group already holds more than 95% of the equity 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 went public was to make money. Su Shaoze felt that there were many companies under his name that could make money, so there was no need to use the important Standard Chartered Bank to go public.

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 prevents the capital flow of the Galaxy Group from being constantly monitored.

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

...

Both of these things are very important. The merger of the two banks means reducing the waste of resources and maximizing the concentration of power.

Wing Lung Bank will basically be merged into Standard Chartered Bank, except for the Maoziguo branch.

After all, Maoziguo's side is very important, and the layout has been there for several years, so it cannot be easily changed.

As for the United States, it is related to the plan of the Galaxy Group one year later, how much profit the Galaxy Group can make in that tragic stock market crash.

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

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

This morning, the most authoritative Economic Daily on Hong Kong Island's economy was the first to disclose the news.

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

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

".¨Mr. Su Shaoze, chairman of the Galaxy Group, took office as the chairman of the board of directors of Standard Chartered Bank."

"Mr. Chen Zhiming, former president of Wing Lung Bank, assumed the post 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.