Chapter 3 Saturn Media
"Young Master, I haven't seen any news about Sun Hung Kai Bank taking out in the Hong Kong newspapers or business districts. Sun Hung Kai Bank is not a listed company. It seems a bit presumptuous to buy it directly, right?" Qilianshan asked.
Sun Hung Kai Bank is not large in the Hong Kong banking industry, and the assets of the entire bank, together with depositors, are only HK$1 billion.
In the early 1980s, China and the UK did not reach a consensus on Hong Kong's future status, which led to a plummeting stock market in Hong Kong and the collapse of the real estate industry. At that time, Sun Hung Kai Bank was almost destroyed by a run. After China and the UK signed the Sino-British Joint Statement in 1984, Sun Hung Kai Bank was already seriously injured and had to sell it to the Arab consortium.
After the Middle East consortium acquired Sun Hung Kai, it did not expand Sun Hung Kai's business in Hong Kong. At present, Sun Hung Kai Bank only exists as the tentacle of Arab banks in the Asian financial center.
The Arab Bank, headquartered in Jordan, is one of the most powerful consortiums in the Middle East, and its business scope radiates to the entire Arab world and major European and American countries.
Arab banks occupy an important position in the entire Middle East economy. In addition to commercial factors, another reason for their importance is that the founder of the bank is the Masri family, a famous middle-eastern metropolis.
The Maris family originated from Palestine and is one of the three recognized major families in the Palestine region. The current "head" of the Masri family, Munib Masri, has an extremely deep friendship with PLO leader Arafat and Lebanese Prime Minister Rafik Hariri.
It can be said that in the Palestinian region where the powder keg is the most unstable in the Middle East, Arab banks have a deep influence. Even the US Congress used Munibu Masri's suggestions as an important reference when discussing the Palestine-Israeli issue.
The biggest reason why Deutsche Bank recommended Sun Hung Kai Bank to Liang Yuan was that Munibu Masri, the helm of the Arab Bank, was the close friend of the PAL leader Arafat. In the 1980s, the Republic's position on the Palestine issue had always been a clear-cut side on the Palestinian side. Arafat appeared in the Republic newspapers as an old friend of the Chinese people.
Yuanjia rose brightly in democratic Germany like the scorching sun at noon. How could the Federal Republic of Germany not dig deep into the roots behind the scenes? Although Liang Yuan was lucky enough to avoid the attention of all those who are interested due to his age, as Ning Lei became famous in Nansha, the relationship between Yuanjia and the Republic of Ning and Tang families is not difficult to detect.
For Deutsche Bank, the acquisition goal recommended to Yuanjia is definitely tailor-made after taking into account the overall situation. With Yuanjia's background and Sun Hung Kai Bank's similar status as a fan, the Arab bank that holds will definitely not interfere with it.
It has to be said that Deutsche Bank, as one of the five most outstanding banks on this planet, has extremely strong vision, connections and resources.
"It doesn't matter that Lao Qi comes to the door directly. Deutsche Bank has already crossed the line on this matter." Liang Yuan said.
Qilianshan also knew that since Deutsche Bank took over most of Fengyuan Trade Co., Ltd.'s shares, it has stood in the same trench with its own company. Since Deutsche Bank can take the lead, it means that more than 90% of the deal has been finalized.
After quickly flipping through the information in hand, Qilianshan found the asset statement of Sun Hung Kai Bank.
"Four years ago, Arab Bank spent HK$360 million to buy 75% of Sun Hung Kai shares. Thanks to the great development of Hong Kong's economy in recent years, Sun Hung Kai Bank has recovered well, but since the Arab Bank's focus is not in Hong Kong, Sun Hung Kai's business can only be considered as normal."
"If the young master intends to acquire all the shares in full, 600 million Hong Kong dollars should be able to acquire all the shares." Qilianshan said a very reliable acquisition price.
"I'm going to do this simple thing about acquiring a bank. My uncle has to do it. Lao Qi has to take charge of another one." Liang Yuan said as he took out a thin kraft paper bag from the file bag under his feet and handed it to Qilianshan.
Taking the paper bag from Liang Yuandi to extract the information, the four huge bold characters in Saturn Media came into view in Qilian Mountains.
When I opened the document, Qilian Mountain found that there were only more than ten handwritten words on the first page - where there were Chinese people, there was Saturn.
Qilianshan was first shocked by this extremely magnificent slogan, but then he realized that the thing in his hand was 100% reflected by Liang Yuan's will.
Although Yuanjia has been developing steadily since its establishment, it seems calm and unpredictable, Liang Yuan's business style has always been sharp and powerful.
Whether Shangri-La Electrical Appliances entered the United States or opened up the textile smuggling route between Germany, Liang Yuan started negotiations after forming an unrivaled momentum in the general trend through various prior arrangements, making the opponent realize that those who faced and resisted this general trend would definitely pay an extremely high price.
When Liang Yuan made a radical decision to enter the aviation industry, he denied the words of most traditional Chinese consortiums. Qilian Mountain was even more impressed by it. There were Chinese people, there were such scary targets as Saturn. No one in Yuan Jia dared to think so except Liang Yuan.
"This new company seems to be the first Chinese media. Why did the eldest young master suddenly change his interest?" Qilianshan asked curiously.
Liang Yuan set the tone of Saturn Media so high that even if this business is not the core of Yuanjia, it will be a key business. It is definitely not arbitrarily acquired several companies to get rid of the problem.
"Uh, uh, Lao Qi, I got the wrong information." Liang Yuan shrugged his forehead with his fingers.
"That is the plan that will take a few years later, and this is what you are right now." Liang Yuan took out the same kraft paper bag from the file bag under his feet and handed it to Qilianshan.
"Xiaoyuan, you were writing this when you hired a yacht a few days ago?" Liang Haiping pointed to the information that Liang Yuan said was wrong.
"Well, but the efficiency is not high, I only wrote one beginning. I was either eating or watching the scenery at other times." Liang Yuan smiled and handed the information to Liang Haiping.
Liang Haiping was also shocked by the grand goal of Saturn Media, but thinking about what Liang Yuan and he are planning, once this matter is done, the power of the media will be most clearly reflected, and it is reasonable for Liang Yuan to make such a plan.
"This matter seems much more reliable than Xiaoyuan's decision to build an airplane," said Liang Haiping.
"Haiping is right. If the young master said that Yuanjia's core business was to do media, Lao Liu and I would never have reacted so much." Qilianshan said while opening the document that Liang Yuan had just come over.
In recent business operations of Hong Kong Island Daily, Qilianshan found that the documents Liang Yuan took out this time looked much more normal.
It seems that the eldest young master planned to rename the Victoria Bay Area Daily to the Hong Kong Island Daily, and Qilianshan thought about it and opened the document.
After watching it for less than 20 seconds, the originally relaxed expression disappeared from Qilianshan's face. A drop of sweat slowly oozing out from Qilianshan's forehead and gradually getting bigger, and finally dripping onto the document in his hand. (To be continued...)
Chapter completed!