Chapter 240 The End of the China Gas Company Takeover War



The press conference had just ended when the bombshell news that Mo Zhexuan had acquired China Gas Company through Deep Sea Holdings instantly swept through every corner of Hong Kong like a hurricane and huge waves.

This major event instantly became the front-page headlines of major newspapers and media, attracting the enthusiastic attention of countless citizens and investors.

Of course, the most excited people are those shareholders who hold shares of China Gas Company.

They were full of anticipation and eagerly hoped that Jardine Matheson and Li Ka-shing would personally participate in the acquisition battle, because if that happened, the share price of China Gas Company would surely soar, bringing them rich returns.

Of course, there are also some investors who choose to trade stocks in the spacious and bright lobby on the second floor of the Hilton Hotel.

Here, staff from Jinshi Securities and Huodoli are ready to provide convenient services for on-site transactions.

The transaction process is direct and efficient. Investors only need to hand over cash and stock certificates at the same time, allowing them to quickly complete buying and selling operations.

As for Mo Zhexuan himself, he, Josh Rupert, the representative of Walmart, and relevant lawyers and accountants have all arrived at the headquarters of Henderson Land Development.

In a spacious and bright conference room, two heavyweights, Mo Zhexuan and Li Zhaoji, sat on either side of the conference table, while lawyers were busy drafting the contract details.

When the final contract was placed in front of the two of them, Mo Zhexuan signed his name without hesitation and solemnly pressed his fingerprints on it.

After hesitating for a moment, Li Ka-shing finally signed the contract with a complicated expression and also pressed his fingerprints on it.

Mo Zhexuan took the lead by extending his right hand and said with a smile: "Uncle Li, it's a pleasure to work with you!"

"Xiaoxuan! You've made a fortune. The future of China Gas Company can be said to be a gold mine with a stable cash flow."

Li Zhaoji smiled bitterly and also extended his right hand to shake hands with Mo Zhexuan.

His instinct told him that if he signed this equity transfer agreement, he would definitely regret it in the future.

However, if he did not sign, once Mo Zhexuan reached a cooperation with Jardine Matheson, he would still lose control of China Gas Company, and the loss would be even greater.

After weighing the pros and cons, Li Ka-shing finally chose to withdraw from China Gas, which would at least guarantee him a profit of HK$400 million. Of course, he had decided that once the sale was completed, he would pay back Li Mingze's HK$500 million debt and compensate him with HK$100 million.

"Alas...it's too early to talk about gold mines or anything like that. All I know is that I owe HSBC HK$2 billion. The first thing I do when I wake up every day is calculate how much interest I need to pay back."

Mo Zhexuan was actually very happy in his heart, but he still looked worried on the surface. Although this acquisition was very expensive, it would be worth it in the long run.

Once China Gas Company enters the huge market in the Mainland, it will definitely make a fortune. This is also the path that Li Ka-shing took in his previous life. Otherwise, he would not have spent such a huge price to take it over.

"You...boy, you are more courageous than me." Li Ka-shing immediately gave a thumbs up.

If it were him, he really wouldn't be able to make such a big decision to make the acquisition. Although he is a tycoon on the wealth list, to be honest, he doesn't have much cash on hand.

When a real estate company develops a project, not only does the development cycle take a long time, but it also requires continuous investment in construction, promotion, and operation, which also puts tremendous pressure on its cash flow.

After a brief chat, Mo Zhexuan politely said goodbye to Li Ka-shing, and then left Henderson Building with Josh Rupert, a representative of Walmart.

"Rupert! I'll leave the rest of the matter up to your team. Announce the official completion of the acquisition to the outside world at 3 pm!"

"Mr. Mo! Don't worry! We at Huoduoli are professionals."

“............”

At 3:00 p.m., Deep Ocean Holdings and Walmart jointly issued an official statement, announcing that they had successfully acquired 21.3% of the shares of China Gas Company.

With this, Deepsea's customers now hold a combined 54.93% stake in China Gas, marking the successful completion of this acquisition...

As soon as the news was released, an uproar broke out in Hong Kong. From high-ranking officials to ordinary people, everyone was shocked and talked about it.

Because the acquisition was completed so quickly, it was as jaw-dropping as the autumn wind sweeping away fallen leaves. I had thought it would be a fierce battle, but I never expected that in the end there would be only one company standing out. It was really unexpected.

........

At the headquarters of Jardine Matheson, the new chairman of Jardine Matheson, Simon Keswick, turned pale in the face when he heard the news. In anger, he threw the teacup in his hand to the ground, breaking it into pieces and scattering fragments.

"Chairman! Then...what should we do?" asked Bao Fuda, the general manager of the company, carefully.

Simon Keswick glared at him angrily, his tone full of reproach and dissatisfaction:

"You ask me what to do? If it weren't for you and Newbijian's blind expansion over the past two years, how could Jardine Matheson and Hong Kong Land be in this predicament today? You two are simply idiots!"

If he had not been afraid of causing turmoil in the land, he would have taken down his predecessor's confidant immediately and would not have waited until now.

"Chairman Simon! Please be respectful. Although I oversaw the expansion plan for the past two years, it was also approved by the board of directors. I now formally tender my resignation."

After Newbie was dismissed in disgrace, Bao Fuda had already anticipated his future outcome. He originally wanted to regain the trust of the new chairman and continue to stay on the big ship of Hutchison Whampoa, where he could get whatever he wanted.

But now that the relationship has fallen out, why should I compromise? I have made enough money over the years anyway, so it would be wise to just walk away.

"You... come back. I was too angry just now and said the wrong thing." Simon Keswick was so angry that his lungs were about to explode, but he could only endure it. However, he would not completely control it and would speak directly and frankly:

"I agree with your resignation, but not at this time. During this period, you must stabilize the situation of the land for me. Our Keswick family's money is not so easy to take. Do you understand?"

Bao Fuda put down the doorknob, then finally turned around and nodded, saying, "I will... help you stabilize the situation at the Landmark, but I also hope you'll let me retire safely."

"Okay! Now go back and count all the non-real estate businesses held by Hutchison Whampoa Real Estate..." Simon Keswick continued with the work arrangements.

"OK!"

Bao Fuda responded and then left Simon Keswick's office.

The reason why he agreed was to go back and deal with the tail end, instead of completely trusting Simon Keswick's lies. Otherwise, he would have been plotted against hundreds of times in this position.

After Bao Fuda left, Simon Keswick immediately made a phone call with a cruel smile on his face:

"Haha, just wait and see! You're really overestimating yourself by trying to threaten me."

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