v2 Chapter 631: Calculation and shock (2/2)

In the afternoon, Bao Yugang and Huo Yingdong jointly visited the office of the chairman of Jiuding Building. Xia Yu made tea to entertain the two.

Just after taking a sip of tea, Bao Yugang couldn't restrain his curiosity and asked, ”A Yu, is Guangming Fund your company?”

Huo Yingdong also quietly put down his teacup and looked at Xia Yu.

Although the Exchange exposed the Bright Fund yesterday, the Keswick family did not ask for a board meeting. Bao Yugang and Huo Yingdong were not easy to ask Xia Yu on the phone, so they came together today to ask clearly.

If the Guangming Fund is Xia Yu's, it is best. If not, they will sum up in person and how to deal with it.

After all, the three of them had discussed moving the Land Group.

The two of them also acted secretly, and they were not exposed until yesterday.

Originally, Bao Yugang and Huo Yingdong’s companies held 3.2% and 3% of the shares in Hongkong Land Group respectively. However, after negotiating to team up with Land Group, they secretly acquired the shares without being discovered. The shareholding ratio rose to 5.9% and 5.7% respectively.

They can now apply to the board of directors of the Land Group to give them a new board of directors.

Before, neither of them held more than 5% of the shares. According to the Hong Kong listed company regulations, neither of them could recommend a director.

However, in response to this situation, Xiangjiang also has a cumulative voting system, also called a joint voting system. This system is to protect the rights and interests of small shareholders. As long as the voting rights of small shareholders exceed 5%, they can also jointly recommend a director. .

Prior to this, in order to achieve their own goals and protect their own interests, Bao Yugang and Huo Yingdong's voting rights were used together, and a director was jointly recommended to represent their interests.

Not only that, it doesn't count if the Keswick family is excluded. Except for the Swire Group, which holds a 5.4% shareholding ratio, which has a single board seat, other Chinese bigwigs are all jointly recommended directors.

Zheng Yutong’s New World Development holds 3.7%, Li Zhaoji’s Henderson Land Development holds 3.4%, Li Jiacheng’s Cheung Kong Holdings holds 3.1%, and the three jointly hold two board seats.

He Hongshen’s Shun Tak Group holds 2.3% of the shares. The He family, one of the four old Heungjiang families, that is, the head of He Hongshen, holds 3.7% of the shares. The two jointly hold a board seat.

Hujia’s Hopewell Holdings holds 3.6%, Guo Desheng’s Sun Hung Kai holds 3.2%, and the two jointly hold a board seat.

In other words, when the Land Group was hunted last year, more than 29.2% of the equity was in the hands of the Chinese-owned tycoons. Although they were scattered, after they were united, the Chinese-owned companies still had five director seats in the Land Group. Voice and influence.

And now their shareholding ratio has risen again, and the total shareholding of China Land Holdings has reached 34.6%.

If the exposed Bright Fund is Xia Yu's ~, then the shareholding ratio of the Chinese capital camp will reach 45.1%.

On the contrary, the Keswick family, which has lost 10.5% of its equity, will reduce its shareholding ratio to 41.8%.

Bao Yugang and Huo Yingdong are very clear about what this means, so they ran over to ask in person.

While others were still investigating the background of the Bright Fund, the first thought of Bao Yugang and Huo Yingdong was that the company belongs to Xia Yu.

Looking at the twinkling eyes, Xia Yu smiled slightly, nodded and said, ”Yes, this company belongs to me.”

”And!”

As soon as the words    came out, the two of them refreshed their spirits, looking at Xia Yu with scorching eyes, and a possibility emerged in their minds.

I only heard Xia Yu continue to say: ”The shareholding ratio of Guangming Fund is not the exposed 10.5%. I also took the equity in the hands of Claude Keswick and Rodney Keswick.”

Bao Yugang glared at him. He quickly calculated the distribution of shares of Land Group and said in surprise: ”So you already hold 31.7% of Land Group's shares?”

Huo Yingdong was also shocked when he heard this number. He asked, ”A Yu, is this true?”

I saw Xia Yu nodded with a smile, then shook his head and said, ”It's not 31.7%, but 33.8%. I asked my subordinates to buy me a total of 2.1% of the equity from the secondary market.”

PS: One more night

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