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Text Chapter 650 Fund Reorganization

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    the next day.

    It is still the famous Savoy Hotel, but this time, Pan Asia Fund and Dahua Industrial are more famous than the hotel, and Sioux City is more famous than Pan Asia Fund and Dahua Industrial.

    "A Chinese man with billions of dollars" - this is the headline of the financial page of the early morning "Daily Telegraph".  As a serious newspaper for the general public, they know how to find the public¡¯s attractions amidst seriousness.  Reporting on a rich man who excels in serious events has always been a favorite part of the public, especially the word "billion", which without any modification can give citizens of English-speaking countries the image of a wealthy person.

    As for how much Sioux City and Pan Asia Fund really earned, those who know will not say, and those who don¡¯t know can¡¯t tell either.

    Johnston, the chairman of Fairmont Raffles International Hotels and Resorts, the owner of the Savoy Hotel, personally came forward to supervise and participate in the Pan-Asia Fund¡¯s account sharing meeting, or the spoils sharing meeting.

    As the major shareholder of a prestigious hotel group, he also dreamed of one day investing in a 300-profit project.

    Especially when he saw that the Pan-Asia Fund's accounts amounted to billions or even tens of billions, Chairman Johnston's face was kind and benevolent when facing Sioux City, which was even more perfect than his image in the confessional.

    The expressions of other people are also colorful.

    A total profit of 51.3 billion U.S. dollars means that as long as there are 10 shares, there will be 5.13 billion U.S. dollars in revenue. In addition to Dahua Industrial, which has 25 shares, companies such as Repsol in Spain also have high shareholdings of more than 10  , it is not certain whether we can get 10 billion U.S. dollars in the end, but it is still no problem to get 7 to 8 billion U.S. dollars.

    Breaking it down into natural person shareholders, there are not a few people who have received more than ten to two billion U.S. dollars, or even four to five billion U.S. dollars.  For example, Julio, Repsol's major shareholder, received almost 40% of Repsol's equity and received US$3 billion, which is basically equivalent to doubling his net worth.

    ¡°In the 1990s, the campaign funds for electing a U.S. president were only a few billion dollars.  If Sioux City were an American and established a super political committee now, he would immediately become a hot new star in Washington.

    In fact, there are many uninvited political lobbyists in the Savoy Hotel at this moment.  Some of them are fund-raising cadres affiliated with the parties, and some are businessmen or lobbyists who seek funds for the parties. Among them are representatives of the American Democratic Party and the American Republican Party, which are familiar to the Chinese, as well as representatives of European parties such as the United Kingdom, France, and Belgium, which are less familiar to the Chinese.  Contrary to what many people know, corruption in some European political arenas is extremely serious. France's "whore of the Republic" transferred hundreds of millions of dollars in bribes in the Taiwan arms sales case alone, and the French foreign minister and the French foreign minister who received the money  The people behind his scenes are definitely not willing to use the funds they "hard-earned" from bribes to campaign. They also have to obtain explicit campaign funds from various companies. For example, the Pan Asia Fund celebrates the victory, and politicians who make money have to attend every year.  Ten or eight, and the effect is good.

    Even if there are strict campaign laws, it cannot prevent politicians from various countries from seeking financial assistance from overseas people, not to mention that the seven companies owned by the Pan-Asia Fund have branches and overseas institutions in most countries in the world.

    Halfway through the banquet, the French company Fina donated 10 million U.S. dollars, while other companies donated more than 20 million U.S. dollars, and some even had several million U.S. dollars less.

    Su Cheng donated 800,000 U.S. dollars, which made a lot of sense, but it made a group of gold-seekers feel itchy, and they all tried to be cute and begged for donations.

    In their view, as long as the other party has the intention to donate, the amount of donation is closely related to the cuteness.  After all, for Sioux City, which has a profit of more than 10 billion US dollars, what difference can there be between US$800,000 and US$8 million, or even US$80 million.

    With the idea of ??never giving up voluntarily, a group of gold-hunting classes are like teenagers surrounding beautiful women, eager to show off their chest and gluteal muscles in order to get attention.

    Su Cheng dealt with it wordlessly. Until the account division work was completely completed, he ignored these vulture-like figures and went to pull the representatives of the Pan Asia Fund into the conference room.

    A total of 47 people from 7 companies attended the meeting. It can be said that most of the shareholders involved in this matter came. They are also the major shareholders of the seven companies owned by Pan Asia Fund, owning more than 95% of the equity of the fund.  However, the Pan Asia Fund's board of directors is still a six-person system. Except for British Global Petroleum, which was kicked out and only had dividend rights but no voting rights, the other six companies each voted according to their shares.  In other words, it is the major shareholders of the six companies who ultimately decide matters.  However, Su Cheng is going to talk about the next equity issue this time, so other shareholders naturally have a need to participate.

    Because of the huge profits, you could feel the cheerful atmosphere when you entered the conference room. Su Cheng had no intention of being serious, so he casually found a seat to sit down, without using a microphone, and just leaned on the table and said with a smile: "Everyone, press  ??With the charter of the Pan-Asia Fund, this phase of our work is over.  The purpose of this meeting is also very clear, to reorganize the structure of the fund Basically, those who want to withdraw their capital can withdraw their capital in full, and those who want to stay can also stay. If others are not interested in the withdrawn shares,  , I will fully acquire it, and if others are interested, they will bid. As for the amount of funds retained by the Pan-Asia Fund, we will discuss it as needed.  In addition, the profits have been transferred to the designated accounts of each shareholder, and the final decision will not have any impact on this"

    As soon as he finished speaking, the shareholders applauded for a while, and several people even blew whistles, as if they were at a concert.

    Earning hundreds of millions or billions of dollars is really more exciting than taking drugs.

    A small shareholder of the American Seager Company stood up on a stool and shouted: "I happen to have hundreds of millions of dollars in hand, who is selling the shares?"

    Su Cheng smiled bitterly and reminded: "The next operations of Pan Asia Fund will not involve too big transactions. This is determined by timing. Personally, I prefer to maintain a small amount of medium-sized financial companies"

    "But if there is an opportunity, will Director Su still operate through the Pan-Asia Fund?" A GAC shareholder asked seriously.

    "Of course." Su Cheng nodded affirmatively.

    "Then there is no problem. I will personally retain the shares, president?" This is a small shareholder of GAC, and it is said that he will make decisions based on the company's decisions.

    However, GAC boss Desio also felt the same way and agreed: "GAC retains its shares."

    "Well, let's vote one by one. Where's SIG?" Su Cheng asked the two American companies first.

    SIG¡¯s president Jestan smiled and said: ¡°SIG will retain its shares.¡±

    With one foot still on the stool leg, the American minority shareholder laughed wildly and hugged Jestan, shouting in English: "Long live the boss!"

    For small shareholders, it is actually a more comfortable choice to hide in the shadow of the company.  Otherwise, if the weak shareholding ratio falls on the entire Pan-Asia Fund, it will have no sense of existence, and it is unknown whether it will be kicked out.

    Su Cheng smiled and waited for a few seconds, then asked: "Where is Fina?"

    "Fina retains the shares." Gilles raised his hand and raised his voice.

    Several companies expressed their stance one by one, all of which reserved shares.

    Finally, when they arrived at British Global Oil Company, Su Cheng looked cold and asked: "President Kang Le, what is British Global's opinion?"

    This guy's defection on the battlefield still caused a certain crisis. Fortunately, Su Cheng handled it properly and was able to successfully avoid it.  Therefore, most of Kangle's shares were taken away at the forced request of Sioux City, and compensation was given to Aliyev and other shareholders. The profit was more than US$1 billion less, and he was already full of resentment.

    However, despite the lack of profits, he still retained a small amount of shares and made money.  No matter how unhappy he felt, he still said with a shy face: "British Global Oil Company retains its shares."

    "My opinion is that I hope that British Global Petroleum Company will withdraw." Su Cheng chose to ask him the last question because he had the intention of kicking it out completely.

    Kang Le¡¯s expression changed drastically, and he quickly reacted and said, ¡°You think you don¡¯t need me anymore, so you want to expel me?¡±

    British Global Petroleum Company is the only British company among the seven companies that make up the Pan-Asia Fund, and it has a good financial city background. Without its participation, the Pan-Asia Fund may be more than just squeezed out.  Therefore, in the face of the collapse of Kang Le, Sioux City still left him a small amount of shares, allowing Pan Asia Fund to maintain the presence of British investors.

    This fig leaf becomes meaningless after the short-selling operation is over.

    Su Cheng did not answer Kang Le's words and said to the crowd: "I no longer have trust in President Kang Le and British Global Petroleum Company. According to the company's articles of association, I initiated a no-confidence motion and forced the purchase of British Global Petroleum shares. All shareholders are asked to vote.  .¡±

    As soon as this statement came out, there was very little room for change.

    Kang Le said in shock and anger: "Su Cheng can do this to me today, and he can do this to you tomorrow, everyone"

    "I agree." Desio, the president of GAC, unexpectedly interrupted Kang Le and said: "All shareholders here have the ability to judge. There is no need for Mr. Kang Le to confuse us. It is better to retain a little gentleman's demeanor and appearance  "

    During the Pan-Asia Fund¡¯s short-selling process, Decio also asked Su City to end the operation. Fortunately, unlike Kang Le, he did not irrationally ask for forced liquidation, so Su City did not look at him differently.  Despite this, Decio still seized the opportunity and reaffirmed his presence in front of Su Cheng.

    Then, Repsol¡¯s YafonOthers also agreed.

    Su Cheng nodded slightly and said: "Three-quarters of the votes are in favor. President Kang Le, please take it back first. We will return your shares directly to you according to the amount of investment."

    Without waiting for Kang Le's response, Su Cheng called Azerbaijani bodyguards to escort him and said: "I think it is still necessary for the Pan-Asia Fund to introduce a new company. Directly transferring 3 shares of British Global Petroleum Company into it, it should be  Are there many companies interested?"

    The risks of speculative business are huge. Su Cheng is neither prepared to bear them himself nor does he believe that Dahua Industrial has the strength to enter the industry alone. Therefore, maintaining 25% of the shares and attracting stronger allies is the way for the fund company to make money.

    Others also nodded.

    Kang Le left the meeting room without saying a word. In the following years, he developed the futures department of British Global Petroleum Company, specializing in medium and low-risk speculative transactions, trying to prove himself to his former colleagues in Pan Asia.  .  However, the frequent financial crises and energy crises since the late 1990s were not suitable for novices to start, and eventually hit Kang Le repeatedly and heavily. The latter finally had to sell the company to repay debts and chose to become an apartment owner.  .

    And the plan made by Su Cheng and others to introduce new investors unsurprisingly detonated the City of London.

    Group after group of fund companies, oil companies, banks and financial institutions came to our door, either through introductions from others or through self-recommendation.

    Su Cheng took the trouble to receive them one by one.  He firmly controls 100% of Dahua Industrial's equity in his own hands, and can only achieve a balance in business strategy through affiliated companies such as Pan Asia Fund. Although Dahua Industrial has many affiliated companies, such as Pan Asia Fund,  Companies with an international scope are still rare.

    He would rather waste some time and choose the right partner.

    Su Cheng¡¯s initiative work has always been cumbersome and slow. A decision has not been made yet, but domestic news has been transmitted through Yang Jingshan.

    After that, Yang Jingshan was seen holding a folder between his arms and asking Su Cheng with a strange expression: "Do you know about the Chinese League A? It is the professional football league, the one that was just restructured this year"

    Su Cheng¡¯s expression became even weirder, and he thought inexplicably: This wild black-hearted egg turned out to be hatched this year.

    ¡­(To be continued. Please search Piaotian Literature, the novels will be better and updated faster!)
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