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Over the past two months, many things have happened, and the corporate organizations under the consortium have undergone large-scale adjustments.
Mid-May 1998
After several rounds of negotiations, the Wang consortium acquired the packaged assets of Samsung Group for US$1.778 billion, including Samsung Group, Samsung C&T, Samsung Airlines and Shilla Hotel, and took this benefit first.
For this reason, the Wang consortium has made extensive adjustments to its subsidiaries to make them more adaptable to new changes.
The first step;
?The Hong Kong and Shanghai Hotel shares listed on the Hong Kong Stock Exchange have merged the Miramar Hotel shares and Shilla Hotel to reintegrate the hotel industry assets.
As a joint-stock company listed in Han Bangzi Country, Shilla Hotel owns 13 four-star and above Shilla Hotels all over Bangzi Country.
Hongkong and Shanghai Hotels also owns the five-star Peninsula Hotel brand and the mid-to-high-end Miramar Hotel brand, and will take the two as the leading brand. After digestion and integration, they will merge and expand to the mainland, Europe and the United States.
After merger and digestion;
Hongkong Shanghai Hotel has expanded into a high-star hotel group covering the entire Southeast Asian countries and the mainland, Japan and South Korea, and has become a large multinational hotel group with a market value of 37.2 billion Hong Kong dollars.
The second step;
Swire Pacific is divided into three, divided into three companies, Swire Shipping, Swire Shipping and Swire Trading, which are listed separately and operated independently.
First, Swire Pacific;
?It is composed of the original assets of Swire Properties, the collection of many mortgaged real estate properties recovered by HSBC Bank due to the financial turmoil, and the assets of Samsung C&T throughout Southeast Asia.
From July 2, 1997 to the present, the financial turmoil that has swept across Southeast Asia, Japan, South Korea and other countries has dealt a devastating blow to Hong Kong's real estate industry. The value of real estate plummeted by 57.2%. Tens of thousands of property owners were unable to repay the high Loans, lost their apartment and shop properties, this part of the assets were repossessed by the bank.
Among them, HSBC Bank accounted for 40% of the business failure of many major customers, which seriously dragged down the bank's revenue.
? Royal Family Fund purchased non-performing fixed assets and a large number of properties originally worth more than 20 billion U.S. dollars at a price of 4.92 billion U.S. dollars through cash asset injections, enabling HSBC to quickly get rid of the huge burden of non-performing assets, and be able to travel lightly and rejuvenate.
? Through some capital operations
? This part of the huge assets throughout Southeast Asia has been reinjected into the Swire Group in the form of additional issuance of new shares. While increasing the shareholding ratio of the Royal Family Fund, it has strengthened its strength.
In addition, it also includes the acquisition of Samsung C&T, which is also injected into Swire Pacific through the issuance of new shares.
Samsung C&T owns 27 buildings in Seoul and surrounding cities, and some fixed assets in Fusang, Hong Kong, Singapore, Malaysia, and Thailand. The real estate scale is quite amazing.
In this way, Swire shares rapidly expanded into a multinational real estate group.
?It also owns nearly 25% of the commercial real estate and many residential properties on Hong Kong Island. It is an out-and-out behemoth. It has proudly become the leading company in the Hong Kong real estate kingdom. Its market value has soared to 266 billion Hong Kong dollars.
Second, Taikoo ships;
?It was listed on the shell of the Miramar Hotel, and through a series of complicated actions such as injecting assets and changing the name, it became a Swire Steamship Co., Ltd. listed on the Stock Exchange.
Swire Shipping is a multinational ocean shipping company with representative offices in Hong Kong, Bangzi Country, Japan, Singapore, Mainland China, the United Kingdom, Indonesia, Papua New Guinea, India and the United States. The fleet has 35 multi-purpose ships and 7 100,000-ton Panamax-class bulk carrier, and an additional fifty-one multi-purpose vessels are chartered for the liner service.
The liner services managed by Swire Shipping provide services to more than 130 ports around the world, and develop diversified dry bulk shipping, container and refrigerated shipping services, including Capesize shipping and bulk cargo logistics.
The new company took over the assets of the original Swire Shipping, plus Han Bangziguo's transportation, wharf, and warehouse assets, as well as 87% of the equity in Huangjing Port, Malaysia, with a total market value of 16.35 billion Hong Kong dollars.
Third, Swire Commerce;
Listed under the shell of Hong Kong Widescreen Co., Ltd., through a series of complicated actions such as injecting assets and changing the name, it became a Swire Trading Co., Ltd. listed on the Stock Exchange
? Its assets include;
Swire Beverages has exclusive rights to manufacture, distribute and promote Coca-Cola products in 11 states of the United States, Hong Kong Island, Taiwan Island and the mainland, which can provide stable revenue.
?This is 1965, Swire Pacific took overThe great talents I met helped the Pacific chain home appliance store to a higher level.
For the United States;
Mr. Chambers, the CEO of Atlantic Business Machines, was transferred to the chairmanship, and the president and CEO was taken over by the former vice president Zhang Shuguang. He is Wang Yaocheng's confidant secretary and a very capable manager.
?Vice President Zhang Shuguang finally graduated from Atlantic Business Machines after four years of experience and was able to take control of this huge enterprise.
at the same time
Many Chinese executives have held key positions. There are well-known Texas Instruments, Intel, IBM and other Chinese-Americans with rich work experience in famous companies, forming a pivotal Chinese force.
A large number of original "sea trespassers" of Silicon Valley companies, Yu Chengde and Zhang Shuguang, who have the same entrepreneurial experience, have gradually penetrated into the middle and high levels of the industrial field, helping President Zhang Shuguang to control this huge multinational company.
Oppo brand personal desktop computers and notebook computers sell well all over the world. Through continuous innovation and Rolls-Royce notebook computers that enhance the brand image, it firmly occupies 34.9% of the market share in the mid-to-high-end market, ranking first in the world.
at the same time,
Oppo brand copiers and high-end office equipment products rank among the world's first-class manufacturers and contribute stable revenue to the company.
The only regrettable long-suffering mobile phone project;
Although it was ready a year and a half ago, it was held down by Wang Yaocheng and has not been released. It has been modified and modified in the laboratory, and it has been upgraded to the second-generation product.
At present, there is still no hope of the boss being released.
According to rumors, the privatization and delisting process of Atlantic Business Machines will start in July.
? Anyway, the Nasdaq market uploaded the flying sky, combined with the rights protection lawsuits of small and medium-sized shareholders facing Atlantic Business Machines, this possibility is nine out of ten, and market participants are not only amazed;
To be rich is to be self-willed, which is too embarrassing.
? Mr. Chambers transferred his work focus to Cisco and served as the chairman and president. He devoted himself to the development and growth of this all-field network equipment provider, driving Cisco to continue to forge ahead.
As a financial investor, the Royal Family Fund hides behind the scenes and quietly makes a fortune.
some of
Wang Yaocheng did a lot of meticulous work for Mr. Chambers, besides his original 1.6% (including 1% stock option, 10-year vesting) Atlantic Business Machines shares, he also made other considerate arrangements.
Cisco has formulated a 4% stock option pool incentive plan for senior executives, focusing on Mr. Chambers, the chairman and president who contributed the most, and monopolizing 2% of the stock option incentives. This part is also cashed out in stages over a ten-year period. To encourage the management to continue to forge ahead.
It can be seen that in order to appease Mr. Chambers, Wang Yaocheng took great pains, and of course the result was satisfactory.
Whether other people can bring Cisco to unprecedented heights, Wang Yaocheng does not know, is not interested, and is not willing to take risks. He would rather pay a high price to keep Mr. Chambers.
Whether the shoes fit or not, only the feet know.
also,
Silicon Valley Arctic Ocean Company has also been reorganized, and Qi Feifei is still the president, and the chairman of Athlon Microprocessor Company, and resigned from the chairmanship of Yahoo.
Arctic Ocean owns more than 20 start-up high-tech companies such as Red Hat Investment Company, Red Hat System Company, Yahoo Corporation, Gallery Website, Youtube Website, and Amazon Website.
? Wang Yaocheng personally served as the chairman of the Arctic Ocean Holding Company, taking charge of the overall situation.
Mr. Shen Xiangyang serves as the president and CEO of Yahoo!, and he is in charge of the leader of this high-tech Internet company with a market value of more than 100 billion US dollars.
Mr. Shen Xiangyang is a world-class expert in computer vision and graphics research, an academician of the American Association of Electrical and Electronic Engineering, and a fellow of the International Computing Association.
? This is a talented person dug out from Microsoft by Wang Yaocheng, and he personally entrusted him with the important task. Facts have proved that this step is very wise.
Under the control of Mr. Shen Xiangyang, Yahoo has determined the core development goals of the enterprise;
?Provide the website with the most abundant content, the most entertainment value, the most attractive picture and the easiest to use. It has the most efficient, concise and convenient web search service, and is committed to the best web surfing user experience.
Wang Yaocheng is very satisfied with this, no matter how much he chooses the right direction, there will be no major problems in the business operation.
And the Athlon Microprocessor Company, which is scheduled to be listed on the NASDAQ market at the end of 1998, will be the finale of this year.
After finishing all the work in a hurry, Wang Yaocheng was not in the mood to enjoy his romantic vacation until mid-June. (Remember the site URL: www.hlnovel.com)After doing all the work, it was not until mid-June that Wang Yaocheng was in the mood to enjoy his romantic vacation. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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