Chapter 582: 582

After Guo Bingxiang had enough publicity, sir Gao had to appear in order to obtain the actual control of the board of directors of Kowloon Motor Bus. This is just like a real war. Breaking the city is only the first step. If we can avoid the street battle of close combat and directly force the imperial city to put up a white flag, it will be a complete victory that will convince the other party and have the highest profit ratio, but Guo Bingxiang can't do that.

In the final analysis, the acquisition of KMB is a capital grab, and its founding family is a gateway that can not be bypassed. In particular, Deng Zhaojian, a self-founder who is still alive and has the aura of Xiangjiang justice of the peace and British jazz, although he is old, he is still enthusiastic about public welfare and has made no small donations for Xiangjiang charity. He has a great reputation and must be respected.

Back in the 1920s, cars began to enter the field of public transport in Xiangjiang. Bus companies emerged one after another, including Kowloon Motor Corporation, Kai Tak bus company, China Motor Corporation, Xiangjiang hotel bus company, Xiangjiang tram Co., Ltd., Xiangjiang Tsai Kaifang Welfare Association bus company, etc. competition among them was very fierce, and the whole industry was in a state of chaos.

At that time, the British did not want to run the business themselves, but no matter how advanced the bus was, it was just a tool to replace the manpower rickshaw. The localization attribute of operation would not change. In contrast, British capital had a more worry-free field of making big money, so the cake was left to Chinese capital to compete for.

In the 1930s, when it was necessary to regulate the order of the industry, the Hong Kong government decided to adopt the bus franchise model, dividing the whole market into two parts, Hong Kong Island and Kowloon New Territories, which were franchised by two bus companies respectively. It is said that Deng Zhaojian exerted his influence in this process.

At that time, Deng Zhaojian was about the same age as Gao Xian. He was born in the Tang zhiang family, which runs a silver bank. Among his brothers, he ranked second. He was known as Deng Ershao. At a young age, he served as the chairman of Donghua Hospital and Baoliang Bureau, which play an important role in Xiangjiang Chinese society. He became a justice of the peace in Xiangjiang and has a certain voice in the Hong Kong government.

In those days, there was no transparency in the bidding for the bus franchise of the Hong Kong government. Anyway, the final result was that Deng Zhaojian was optimistic about the large area of Kowloon and the new territories and unlimited development space in the future, and then won the bus franchise of Kowloon and the new territories, while the China motor company founded by Yan Chengkun got the bus franchise of Hong Kong Island.

Next, a series of mergers and acquisitions were carried out in Xiangjiang bus industry, and Kowloon bus and China bus officially appeared, forming today's pattern.

However, after the outbreak of the Pacific War in the process of World War II, Yi defeated the British and occupied Xiangjiang, causing heavy losses to the Xiangjiang bus industry.

The British occupied Xiangjiang by robbers. If they ruled Xiangjiang with a bit of the so-called gentlemanly demeanor, they not only occupied Xiangjiang by robbers, but also ruled Xiangjiang with the logic of robbers. Fuel, as military supplies, is strictly controlled for civilian use, and even buses will be requisitioned.

After I lost the war and the British reoccupied Xiangjiang, the recovery of Xiangjiang bus industry can almost be described from scratch. Take Kowloon bus as an example. Although Deng Zhaojian, chairman of the board of directors and director of vehicle affairs, the Lin family and Tan family among the founders of Kowloon bus thought it was too difficult to resume business, so they withdrew their shares.

Fortunately, after this difficult stage, with the rapid increase of Xiangjiang's population, the Xiangjiang bus industry benefited from the demographic dividend, and the water rising ship highland became more and more prosperous.

For the Hong Kong government, although the bus industry does not have the high grade of the banking industry, it plays an important role in governing stability. Back in the 1930s, when the bus franchise system was introduced, the Hong Kong government made specific requirements that most of the board members of franchised bus companies must have British nationality, and the buses used must be manufactured in the United Kingdom or other parts of the British Empire. Even now, such provisions still exist.

Seeing the vigorous development of the Xiangjiang bus industry, the Hong Kong government felt that Kowloon Motor Bus and China motor bus had always been firmly controlled by the Chinese family, and there were risks to their rule. Therefore, in the early 1960s, it made new requirements that Kowloon Motor Bus and China motor bus should become public listed companies, that is, the two bus companies must give up at least 25% of their shares, Put it into circulation in the stock market.

As a result, KMB and CMB have become listed companies. In the case of KMB alone, Deng Zhaojian reorganized the company, stripped off the relevant construction business, established the Kowloon construction industry holding the shares of KMB, and gave the partners Lei family and Wu family. Then, according to the requirements of the Hong Kong government, Deng Zhaojian hung the main bus business on the blackboard in the lobby of Xiangjiang securities exchange.

The listing period of KMB was a golden period for the capital market of Xiangjiang banking industry before the outbreak of the crisis in the 1960s, and Jardine was also listed at that time. The offering price of KMB was HK $58 and raised more than HK $45 million. As a result, the market responded enthusiastically and oversubscribed more than four times, so that the opening price reached HK $82 on the day when the shares of KMB were officially listed.

Such a hot scene is not difficult to understand. Xiangjiang gathered millions of people. At that time, the subway was not built, let alone the popularity of private cars. Such a huge travel demand is endless business opportunities. Specifically, the bus companies carry hundreds of millions of passengers every year.

This kind of industry can even benefit grass-roots practitioners. For example, in 1969, when Gao Xiangang came to this era, the driver Wang brothers he came into contact with, as long as they were willing to bear hardships, belonged to the part of the working people who lived fairly well.

It can be said that Deng Zhaojian in this period reached the peak of his personal career achievements. In addition to serving as the chairman of the board of directors and vehicle director of the Star stock of Kowloon bus, he also received a jazz award at the CBE level of the British royal family.

It is estimated that because of this continuous and stable good market, British capital coveted it. Therefore, on the grounds of improving the service level, British overseas transport companies from Britain were promoted to take over Kowloon bus and China bus.

Of course, the founding shareholders of the two bus companies did not want to be picked like this, so they resolutely opposed the huge pressure that the franchise would not be renewed.

After the British United Overseas transport company withdrew in dismay, it was unclear whether the Hong Kong government was angry. Anyway, it once again made new regulations on the franchise of Xiangjiang bus industry. For example, the franchise was changed to be reviewed every two years, and there were even more deadly profit restrictions, that is, Kowloon bus and China bus, which obtained the bus franchise, The maximum annual profit margin is 16% and 15% respectively.

To put it bluntly, if the profit margin of KMB and CMB exceeds the limit in a certain year, the higher part can not be solved at one point. Instead, it must be transferred to a development fund account for reserve when the profits of the two bus companies decline.

Under such circumstances, the popularity of KMB and CMB in the stock market will naturally be greatly reduced. Coupled with the vigorous promotion of the MTR construction plan by the Hong Kong government, the Xiangjiang bus industry, which is bound to be divided into a big piece of cake, will inevitably fall from its peak.

There is another negative factor that can not be ignored, that is the subtle issue of the future of Xiangjiang.

Such influences come together. Specifically, the board of directors of KMB has no power to invest in large-scale fixed assets such as newly purchased buses, and the service can maintain the original level. In short, wait and see, wait and see. Finally, in the eyes of those interested, the market value of KMB is compared with its own asset value, Low enough to be worth desperate to grab.

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But no matter how lonely the KMB is now, it is difficult for the founder who has worked for it for decades, such as Deng Zhaojian, to go around. Gao Xian made a special trip to visit each other in order to obtain the actual control of the board of directors of the KMB in a "decent" way.

Deng Zhaojian is the justice of the peace of Xiangjiang, and Gao Xian is also the justice of the peace of Xiangjiang; Deng Zhaojian is a CBE Jazz conferred by the British royal family, and Gao Xian is also a jazz conferred by the British royal family, and is the highest GBE in the honor series. It's just that he is too busy to spare time to go to Buckingham Palace for a passing; Deng Zhaojian is an entrepreneur, and Gao Xian is also an entrepreneur. Moreover, the strength of Gao's business kingdom is not comparable to the territory that Deng Zhaojian can exert influence.

In contrast, Gao Xian came forward in person and gave Deng Zhaojian the face of an old master. Guo Bingxiang can't show his sincerity.

After greeting, Deng Zhaojian, who has been dressed in long clothes and traditional clothes for many years, took the initiative to pierce the window and said, "Sir Gao is really a good means to let Xindi attack quietly."

"Although the carrier company used by Guo Bingxiang to acquire KMB belongs to Xindi, Xindi only owns 40% of the carrier company, but it is happy strategy investment company, which holds 35% of the carrier company's shares. Happy strategy is the highest level behind the scenes organization specifically responsible for the capital operation of the whole Gaoxing group."

"Presumably, the Canadian company that holds the remaining 25% of the shares of CAITONG company is also owned by Gao!"

The motionless Gao Xian didn't answer the question directly, but opened his eyes and lied to avoid the important and light way: "Bingxiang is my little brother. He is young and energetic. He wants to do something in his career, and then he caused this mess in front of him."

"Bingxiang has realized that it's difficult to ride a tiger and it's not easy to end, so he begged me. As a big brother, I had to come forward and make arrangements."

"If I believe your explanation, I'd be really confused!" Deng Zhaojian was disgusted, but everyone was decent people and wouldn't even pierce this layer of window paper.

Gao Xian continued: "Sir Tang, it's so far. It's better to accept the reality and agree to the carrier's acquisition of Kowloon bus."

"After all, the current situation is obvious. KMB is under the pressure of the profit control agreement of Zhengfu. Relying on the bus business alone, it is difficult to make greater achievements under the competition of the subway. In addition, the prospect of Xiangjiang is unclear, and the existing shareholders have no intention to increase their investment. Leijia is just looking for another way to enter the film industry."

"If this continues, sir Deng's painstaking efforts to build the Kowloon bus will really sink. That's too painful. It's better to take this opportunity to import fresh blood."

"Of course, I can guarantee here that the interests of Sir Tang's shareholders in KMB will not be damaged, but will also be improved."

"Accept the reality?" Deng Zhaojian said with a heavy face, "what if I don't give Sir Gao this face?"

Gao Xian gently looked at Deng Zhaojian and sincerely continued to persuade him: "Sir Deng, as far as I know, although you are the chairman of the board of directors and chief vehicle officer of Kowloon bus and have unparalleled influence on Kowloon bus, you actually hold less shares of Kowloon bus than Lei family, Wu family and other shareholders."

"Sir Tang, you are a brilliant investor. The KMB stock is only one of your many investments. In addition, there are Yau Ma Tei Ferry, Hang Seng Bank, commercial radio, Meihua Hotel, etc. the reason why you are so persistent in the work of KMB is your enthusiasm for the field of public services in Xiangjiang."

"Now, there is a better development opportunity in front of Kowloon bus. Don't you think this is a win-win solution?"

Deng Zhaojian was flattered and said, "Sir Gao has really detailed information on capital!"

Gao Xian smiled, "since Sir Deng praised the younger generation so much, I might as well give Sir Deng a bottom. In addition to the fact that the carrier company has obtained 34.9% of the shares of Kowloon bus, I also control about 6% of the shares of Kowloon bus through other channels."

These words are hidden in needles. Deng Zhaojian can certainly taste the meaning of Gao Xian's words. Even if the elders of Kowloon bus want to fight a full-scale acquisition war, they have no chance to win.

"Sir Gao can take even Xiangjiang land by force, not to mention a mere Kowloon bus." Deng Zhaojian's face changed quickly, and he sighed with a bitter smile: "It's still because Sir Gao's successful acquisition of Xiangjiang land scared the British capital to encourage the Zhengfu to reduce the trigger line of comprehensive acquisition from 51% to 35% to improve the difficulty of acquisition, but this protection mechanism still can't change the fate of the acquisition of Kowloon bus!"

The dignified Sir Gao, of course, could not admit that he took advantage of others' danger and bullied the weak. He clarified again: "I have to disturb Sir Deng in order to help Bingxiang clean up his mess."

Deng Zhaojian looked at Gao Xian with a smile on his face carefully, and his heart couldn't help churning. The rumor of the smiling tiger is really not false. You're only in your thirties, and you're so hypocritical that you clarify the fire. I, an old man, have so many children and grandchildren below. How dare I really offend you!

"Sir Gao is so handsome that I have to think of the saying that the waves behind the Yangtze River push the waves ahead." finally, Deng Zhaojian whitewashed the cruel capital robbery with a compliment.

Gao Xian smiled, raised his chin slightly and confirmed, "Sir Deng is agreeing to the carrier company's acquisition of Kowloon bus?"

Deng Zhaojian nodded, said decent words like Gao Xian, and confirmed: "of course I would like to see better development prospects for KMB."

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