After Wei Li finished speaking, someone immediately distributed the prepared bills to the participants one by one.

Wade Shiyahuai's expression changed drastically when Wei Li spoke.

After getting the bill, I immediately opened it and searched for key sentences and figures.

"... After the assets of Cathay Pacific Airways have been identified by Jiuding Bank, Standard Chartered Bank, Standard Accounting Firm, Standard Law Firm and other parties, Cathay Pacific Airways has been valued at HK$1.8 billion. The company's current total share capital is 200 million shares, and the valuation per share is

Nine Hong Kong dollars…”

"...It is planned to issue an additional 100 million shares to Jiuding Industrial Group at a price of 9 Hong Kong dollars per share, raising 900 million Hong Kong dollars..."

"The funds raised will be used to purchase four Boeing 747 passenger aircraft..."

After seeing these sentences and numbers, Wade Shiya trembled with anger. Due to being too excited, his white face became congested and turned dark red.

"Snapped!"

Wade Shi Yahuai slapped the table hard, startling most people in the conference room, and everyone's eyes focused on him.

Seeing him so angry, people who have already seen the proposal can naturally understand, but understanding is understanding. Now that the masters are fighting, they can only watch the show quietly.

"Weili, don't go too far!"

"The valuation of Cathay Pacific Airways in Economic Weekly is clearly HK$2.8 billion. You are wantonly encroaching on the legitimate interests of shareholders. This is illegal!"

"The China Securities Regulatory Commission will never approve it! You can't even hope to succeed!"

Wade Shi Yahuai roared angrily.

It’s no wonder that Wade Shi Yahuai is so angry. In fact, if the private placement is followed according to this proposal, the interests of Swire Airlines will be seriously damaged!

Swire Airlines currently still holds 37% of Cathay Pacific Airways' equity. Based on a valuation of HK$2.8 billion, the value is HK$1.036 billion.

If based on the valuation of HK$1.8 billion, then his equity holding is only worth HK$666 million.

HKD 370 million was lost out of thin air!

Although there are layers of equity relationships, the losses actually allocated to the Shi Yahuai family are only about three layers.

But even if it is three floors, there are still more than 100 million!

In addition to the loss of assets, the decline in equity ratio and the strengthening of Jiuding Industrial Group's actual control over Cathay Pacific Airways are also reasons for Wade Schwarzenegger's anger.

If the private placement is carried out according to this proposal, the company's total share capital will increase from 200 million shares to 300 million shares.

The 74 million shares currently held by Swire Airlines will reduce its proportion of the company's total share capital from 37% to 24.67%.

The shareholding ratio of Jiuding Industrial Group will increase from 54% to 69.33%!

More than two-thirds!

In addition, after the dilution of Xiangjiang Airport Ground Services Company and Xiangjiang Aircraft Engineering Company, there is still a cumulative 6% equity.

Then the number of director seats belonging to Jiuding Industrial Group will increase to fifteen!

Jiuding Industrial Group’s control of Cathay Pacific Airways will be easier!

Even if he wins over a few independent directors, it won't have any constraint.

Not to mention that after this time, if Weili maliciously dilutes their equity again and again, the losses will be even greater.

So what Wade Shi Yahuai says now is anger, but underneath is actually panic.

Facing Wade Shi Yahuai's angry threat, Wei Li sneered and said: "Mr. Wade Shi Yahuai, I dare to make this proposal, it must be within the scope of the law. If you don't understand the law, don't make random accusations."

"As for whether the China Securities Regulatory Commission will give an endorsement, that is a matter for the future, so you don't need to worry!"

After speaking, Weili said loudly: "For this proposal, everyone will vote by a show of hands!"

After saying that, Wei Li raised his hand again.

A similar scene happened again.

Except for Wade Shiahuai, everyone present who was eligible to vote raised their hands.

Wade Shi Yahuai was so angry that his eyes were about to burst, his eyes were bloodshot, and he stared at Weili ferociously.

But Weili simply ignored him!

The secretary of the board of directors and the representative of the supervisors cooperated again to count and read out the votes: "Regarding the proposal of private placement of stock financing, the total number of votes was twenty-seven, with twenty votes in favor and seven votes against, and the approval rate was 74%.

Point 07, more than two-thirds of them agree with the provisions of the Company Law and the Articles of Association, and the proposal is passed by vote!"

With that said, everything is settled!

Wade Shi Yahuai was so angry that his chest seemed to burst. He couldn't bear it anymore. Without any regard for his demeanor, he stood up, kicked over the stool, and left in full view of everyone.

When opening the door, due to excessive force, the conference room door slammed into the wall, making a loud noise that made most people in the conference room look at each other.

Outside Cathay Pacific Airways.

Reporters and melon-eaters stared at the scorching sun in eager anticipation. No matter how much they chatted, their eyes would never leave the door for three seconds.

Just when Wade Shi Yahuai's figure appeared at the gate, the reporters waiting outside immediately became restless.

"Wade Shi Yahuai is out!"

I don't know who shouted something, and then the reporters rushed toward him crazily. If the police hadn't tried their best to stop him, Wade Shi Yahuai would have been drowned by the crazy reporters.

"Mr. Wade Shi Yahuai, what happened to make you so angry?"

"Mr. Shi Yahuai, why are you the only one coming out? Did you leave the table angrily?"

"Mr. Shi Yahuai..."

Listening to the noisy words, Wade Shiyahuai, who was already in a bad mood, had a splitting headache, especially when he felt someone behind him pulling at his clothes to prevent him from leaving. He shook his head hard, turned his head and shouted angrily: "Shut up.

!”

The reporter who was pushed rolled his eyes and shouted, "Hit someone!" and fell to the ground.

The reporters who surrounded him became even more excited and kept pressing the shutter to take pictures of the tragic situation of the "beaten reporter" and the cold appearance of Wade Shi Yahuai walking away.

The atmosphere at the scene became increasingly tense.

Wade Shi Yahuai's bodyguards sensed something was wrong and immediately stepped up their protection. They tried their best to cover their employer, pushed through the crowd, got into the car and left.

When many reporters saw Wade Shi Yahuai's car driving away, although they were reluctant to do so, they were not necessarily very sorry.

Although they did not get any useful information from Wade Shi Yahuai, they could still get it from other people behind.

On the contrary, the scene that just happened was a huge breaking point.

Some reporters have already thought of tomorrow's news headlines, such as "Cathay Pacific changes dramatically, chairman Wade Schwarzenegger leaves in anger!"

Another example is "The chairman of Cathay Pacific loses control and beats a reporter!"

…

In short, after Wade Shi Yahuai's appearance, the people present were more and more looking forward to Wei Li and others coming out after the meeting.

About twenty minutes later, Weili and others finally came out talking and laughing.

Facing the majority of reporters, Werri made a special stop to be interviewed.

Many other people were also interviewed, and what happened on the interim board of directors was completely reviewed in the reporter's mind.

By noon, almost everyone in the upper echelons of Xiangjiang knew the outcome of Cathay Pacific's struggle.

The Shi Yahuai family suffered a tragic defeat!

Cathay Pacific Airways officially changed owners and was taken over by the Jiuding Consortium!

In the first round of the Chinese-owned Jiuding Consortium vs. the British-owned Swire Consortium, the Jiuding Consortium won!

The capital market reacted faster. After Wei Li responded in an interview that the stock price of Xiangjiang Aircraft Engineering Company was seriously inflated and the market needed to return to rationality and would not intervene in the acquisition of stocks, the stock price of Xiangjiang Aircraft Engineering Company began to plummet.

Jiuding Securities left long ago.

After receiving the report from his nephew, Norman Shi Yahuai immediately asked people from Swire Financial to stop acquiring stocks.

Without the two main players, other peripheral small fish cannot make big waves at all, so it is strange that the stock price does not fall.

Wait until the market closes at 12:30.

The share price of Heung Kong Aircraft Engineering Company fell to HK$13 per share, a drop of six levels compared to the opening price in the morning!

The market value has evaporated by more than HK$2 billion!

And the downward trend continues unabated. When the stock market restarts in the afternoon, it will definitely continue to plummet. It may fall back to its original market value, or even lower.

This made Norman Shiya, who had been paying attention, vomit blood in anger.

In the past two days, Swire Financial has acquired more than 5% of the equity of Xiangjiang Aircraft Engineering Company at high prices. If the stock price falls back to the original price, his losses will exceed HK$150 million!

Simply taken advantage of!

I believe that in the near future, this matter will be a topic of discussion for many people after dinner.

Some people are sad and some are happy.

When the Shi Yahuai family was under cloud, Xia Yu was rewarding his capable subordinates at the Peninsula Hotel.

After pushing the cup and changing the cup.
To be continued...