Faced with Jason Gregg's worries, Xia Yu smiled indifferently and said nonchalantly: "Jason, you don't have to worry about this. I have made a comprehensive plan, and you can just execute it as I say."

Jason Gregg was stunned for a moment, then nodded thoughtfully: "Okay."

Next, Xia Yu asked Jason Gregg to lead him around the company for more than twenty minutes, focusing on what he said was the strategic plan for external mergers and acquisitions and expansion. Generally speaking, what he saw and heard in all aspects impressed him.

Quite satisfied.

Before leaving, Xia Yu gave Jason Gregg some advice: "Jason, when executing the M&A expansion plan, if it is determined to be a high-quality potential company, you can be bolder without violating the company's main development model.

Strive to become Asia's first-class insurance company within three years. If you don't have enough funds, you can apply to me, provided that your application can stand the test."

Jason Gregg's face flashed with joy, and he nodded quickly and replied: "Thank you, Chairman, I will follow your instructions!"

"Um!"

"You go back, I'll come back when I have time."

After saying that, Xia Yu got into the car and closed the door, then started the car and drove away from Jiuding Insurance Co., Ltd., leaving behind a high-spirited Jason Gregg.

After leaving Jiuding Insurance Co., Ltd., Xia Yu did not return to the group headquarters, but went to Xiangjiang Telephone Company to inspect and guide the work.

In terms of business development, he only made one request, that is, not to compete with the Xiangjiang Branch of Dadong Telecom Company for the time being, and to focus on optimizing and improving its own business.

The reason for making this request is that part of the Xiangjiang Branch of Dadong Telecom Company already belongs to him.

Yesterday afternoon, Xia Yu received a good news call from George Berkeley in London. It was about the privatization of the British Dadong Telecommunications Company that he reported nearly a month ago.

Just yesterday afternoon, the British Parliament finally passed the privatization plan of Great Eastern Telecom, selling a total of 51% of the shares to private capital.

The equity distribution had already been decided secretly, and Xia Yu became the party that gained the most.

Of the 51% of the equity released by the British government, Bright Fund took 7%, Standard Chartered Bank took 12%, and Barings Bank took 20%.

The remaining 12% of the shares were taken away by other families.

There are many reasons why Xia Yu was able to take away so much.

First, Duke Howard and Prince Philip worked hard to directly clear away political obstacles, and even with their connections, possible obstacles became a help.

The second is the huge influence of the Bright Fund itself in the upper echelons of the UK, plus George Berkeley's management in accordance with Xia Yu's instructions.

The third reason is that the bid is high! Bright Fund and Standard Chartered Bank’s bids were the highest, and they also submitted highly operational reform management plans, which made the British government very tempted.

Therefore, Bright Fund and Standard Chartered Bank were able to obtain a total of 19% of the equity of Dadong Telecom, which is already the limit that the two companies can obtain directly.

As for Barings Bank, which took the biggest cake, although it bought the largest 20% stake, it was the smoothest.

Who allowed Barings Bank to have two great figures, Duke Howard and Prince Philip?

Therefore, faced with such a telecommunications company that has great influence in the existing or original colonies of the UK, but has little influence in the UK and is still on the verge of losing money, the major families in the UK have not reached the point where they have to fight over it.

.

When George Berkeley reported the good news to Xia Yu, Xia Yu still felt excited despite his calm attitude.

The telecommunications field is a very important part of the public service field, and its influence is undoubted. Although Dadong Telecom's main business is not in the UK, how could he, who was familiar with the reform of the British telecommunications field in his previous life, not know how big the opportunities would be in the future?

In addition to being of great significance, the shareholding ratio is also a reason for Xia Yu's joy.

Although Standard Chartered Bank is not wholly owned by him, his secretly accumulated shareholding ratio has reached 84.6%, and he has absolute control. Therefore, Standard Chartered Bank has obtained 12% of the shares.

The equity just goes into his pocket.

Needless to say, the 7% equity stake acquired by Bright Fund goes without saying.

As for Bahrain Bank, Guangming Fund holds 20% of the shares, and Jiuding Bank holds 25% of the shares. In fact, Xia Yu holds a total of 45% of the shares.

So this time, 9% of the 20% equity that Bahrain Bank acquired actually belongs to him after conversion.

A simple addition of the three figures shows that he received 28% of the equity in the privatization of Dadong Telecom, accounting for more than half of the cake.

After hearing the good news from George Berkeley yesterday afternoon, Xia Yu knew that the long-awaited opportunity to completely monopolize the Xiangjiang telecommunications market had arrived.

Xia Yu then ordered George Berkeley to immediately carry out the second phase of the plan, which was to find a way for Dadong Telecom to spin off the Xiangjiang branch.

As long as it succeeds, Guangming Fund can hold 45.7% of the equity of Dadong Telecom Company and become the actual controller.

Of course, Xia Yu was not satisfied with this shareholding ratio, so he planned to start from the stock market.

Because Wang Qi has been busy with heavy work tasks recently, Xia Yu assigned the task to Jason Gregg of Jiuding Insurance Co., Ltd., so he came out like this in the morning.

After deploying the mission, Xia Yu returned his focus to the layout of the aviation industry.

On the fifth day after Cathay Pacific held its extraordinary board meeting, the extraordinary general meeting of shareholders was held again.

The Shi Yahuai family knew that they could no longer obstruct it here, and they would be looking for trouble if they participated. Therefore, Swire Airlines did not send any representatives to this extraordinary shareholders' meeting, which made many reporters regretful.

The proposal for private placement was naturally passed smoothly.

Once approved, it will be immediately submitted to the China Securities Regulatory Commission for review and approval.

According to the current Securities Law of Hong Kong, private placement of shares by unlisted companies does not need to be approved by the China Securities Regulatory Commission.

But who allowed Swire Pacific, the parent company of Cathay Pacific Airways, to be a listed company?

With this relationship, the approval process by the China Securities Regulatory Commission is inevitable.

The Shi Yahuai family just wanted to see if they could make a comeback at this stage.

But Xia Yu had already considered this, so the share price for Cathay Pacific during the private placement was HKD 1.8 billion instead of HKD 800 million, simply because Cathay Pacific's net assets were about HKD 1.72 billion.

As long as the valuation is not lower than the net assets, then the China Securities Regulatory Commission will be able to justify it, and the rest will depend on their own magical powers.

At this point, Xia Yu had already made complete preparations.

Therefore, when Cathay Pacific Airways' private placement plan was submitted to the China Securities Regulatory Commission, it usually took three to six months for the review to be completed. However, this time, it only took a week for the plan to be reviewed and approved, and the China Securities Regulatory Commission issued the document in accordance with the procedures.

After the skin is cleared, the approved plan is legal, reasonable and can be implemented.

After receiving the approval, Werri immediately implemented the plan, and Cathay Pacific's share capital increased from 200 million shares to 300 million shares!

Jiuding Industrial Group’s shareholding ratio in Cathay Pacific Airways has finally increased to 69.33% on paper!

After Wei Li's action was successful, Wang Qi, who had been prepared for a long time, immediately ordered someone to make another acquisition offer to Swire Airlines. The acquisition offer finally went to Wade Shi Yahuai.

Today is different from the past. Wade Shi Yahuai, who has been undecided, can only rush back to his family with the acquisition offer, find his uncle Norman Shi Yahuai, and report the matter to him.

Victoria Peak, the lobby of the Kadoorie family mansion.

"Uncle, Xia Yu is extremely greedy and now he has launched an acquisition from us. What should we do?"

Wade Shiyahuai looked at his uncle solemnly, wanting to know his decision.
Chapter completed!