The Industrial Giant Reborn.

Chapter 445: Your own interests are the most important

"Yes, it is impossible to break into Jardine Land from the outside. Only with internal problems and detonating the entire explosive barrel can we have a chance." Chen Zhiwen said.

Another way is to forcibly trigger a takeover offer, but before it is triggered, Chen Zhiwen's actions will definitely be known to the public, and Land's stock can be sold to the sky. If the takeover offer is triggered at this time, the price will be so high that it may start from gold futures. All the profits earned online may not be enough even if they are invested.

Although Land is said to be valuable, it is not that valuable. Moreover, by doing this, it is estimated that Land shareholders and shareholders will laugh to death, and he will become the biggest scapegoat in the history of the world.

The Hong Kong government's change to the takeover offer essentially protects large British-owned foreign companies. This law will cause the acquisition cost to increase dramatically, making it uneconomical for the acquirer and the acquirer has no choice but to withdraw.Of course, this can only protect those consortiums controlled by major shareholders, such as China Power and Hong Kong Electric. No matter how protected the Hong Kong government is, it cannot withstand the complete absence of major shareholders and will eventually be acquired by the Chinese.

The current Yihe Mutual Control is a trick that Yihe came up with when it had no money to increase the capital of its own group. Yihe and Land exchanged shares, each holding 35% of the other's shares, and it was suddenly locked. It reduces the possibility of acquisition by others, and the cost is almost 0. It is all the money of the own group anyway.In addition, Jardine Matheson and Land Group have strong capital, and even Chen Zhiwen is helpless.

However, if Land is detonated by the debt crisis, its impact on Hong Kong's economy may be far greater than that of Hutchison Group a few years ago, and it will be a devastating blow to the economy in all aspects.

"Okay, in that case, leave the matter of buying out the senior management of Real Estate to me. In fact, I have had some contact with some of them in the past few years and obtained some information, but it is not very important, and they dare not really Selling core information." Zhou Jiayang said.

This is actually very common among large companies. There are many commercial spies in the same industry, but they can be divided into two types. One is to steal company information in a real sense, and the other is to reveal some less important information. These will not cause direct damage to the company, but competitors will have some effect, and at the same time, you can also get some benefits. The safest thing is that it will not cause any direct losses, so even if you are discovered, you cannot call the police, and there is no police In the investigation, unofficial people will not be able to find any evidence at all, which is also a legal risk consideration.

"I know these people. We don't need them to report information to us. They can just report it directly to the Independent Commission Against Corruption or the Banking Regulatory Bureau. As for the benefits, it can be done through overseas bank transactions and not linked to us." Chen Zhiwen also understood that Zhou Jiayang Who are these people talking about, but he doesn't want his company to get into legal disputes about commercial espionage, and if someone reports it to the government, it can only be said to be an internal report.

"I understand this. Then I will first find the right person or a few people together, and then Hisense will start communicating with Land and ask for an audit! In this way, if my people can participate, as long as we get the evidence, then Land will They will be manipulated by us." Zhou Yang said with a smile.

"That's pretty much what it means. You must have evidence, otherwise, the money cannot be borrowed." Chen Zhiwen nodded and said.

We all follow business rules. If the bank has lent money, it cannot collect the debt without sufficient reasons. For example, if the other party fails to repay the money as stipulated in the contract, it can collect the debt.But I gave them 30 billion first. Even with high interest and repaying it in 5 years, I only need to repay less than 30 million a month. Even if part of the [-] billion cash is used for projects, the rest will be enough for a long time. Moreover, companies like China Land have very high rental income. Once the gap is filled, it may be able to survive until the real estate crisis is over. When housing prices rise and rents rise, banks will not be as strong as they are today.

But if it can be proven that the other party provided false data during the loan process, then there will be enough legal basis for debt collection.

As for whether Real Estate will cheat?Don't even think about it. If you can get a loan without cheating, what else are they looking for from Chen Zhiwen? .

In fact, Chen Zhiwen's original idea was that if Land Land borrowed money from other banks, once it was successful, he would come forward to buy the debt and then reversely pressure Land Land. However, he did not expect that the banks in Hong Kong were probably worried about Land Land's financial problems and would not directly I borrowed it, and when I was desperate, Real Estate actually came to find me.

But it’s normal. Hisense Bank’s previous operations during the Hong Kong dollar exchange rate crisis led many people to speculate that it must have made a lot of money and had a lot of cash in hand.In desperation, Land Land had no choice but to turn to Hisense.

……

Hong Kong, Connaught Building:
"What? Hisense Bank wants to conduct a financial audit on us?" Niubijian, who has been sitting at the top of the Jardine Matheson Group for a long time, frowned and said after listening to Bao Fuda's report.

"Yes, they only require auditing of large-scale accounts, including loans and investments exceeding HK$[-] million in the past ten years." Bao Fuda said.

"Damn it, isn't this equivalent to exposing all the secrets of our Yihe to Chen Zhiwen?" Niubijian said angrily. "Chen Zhiwen may have an agenda, but this kind of thing is not abnormal. After all, the Hong Kong real estate market is so tight now, and there are more and more rumors about us in the market, and we don't have enough high-quality mortgages." Any bank will definitely be very cautious at this time, and it is normal to ask to check some accounts." Bao Fuda said.

"I originally thought that Chen Zhiwen would take the opportunity to let us sell some high-quality properties or buildings in Central, but I didn't expect that he would actually want to check the accounts." Newbijian frowned and said: "Although it is only a large amount, a company like ours can check the large amount. Basically, we will know the actual situation.”

"Are you worried that he has ideas about land?" Bao Fuda asked.

"What am I worried about? Under the mutual control of Yiji, no one in Hong Kong can acquire Land, and even in the world, few can do it." Niubijian said disdainfully, even under the real estate crisis, the market value of Land It is still over [-] billion Hong Kong dollars. Once acquired by Chen Zhiwen or anyone, the stock can easily double, and then trigger the acquisition invitation. The price is so high that not many global-level consortiums can afford it, and it is not cost-effective at all.

This is two different things from Chen Zhiwen's acquisition of Disney. One is a good-faith acquisition and the other is a malicious one. It is normal for the same market value to be three or four times higher than the acquisition cost.Chen Zhiwen's financial strength is also known to the Jardines family, but after the acquisition of Disney and several large investments in the mainland, the people at Jardines do not believe that they can raise billions of dollars more to acquire Land.

And if Land is safe, then Yihe will also be safe.

"But logically speaking, people like Chen Zhiwen will definitely like the super building in Central. This seems to be the instinct of the Hong Kong Chinese. It can be seen from the scale of the International Trade Center in Yanjing City. If he gives up After acquiring Land, it makes no sense that they would really only want to audit our finances and then lend us money after passing the approval. This is not in line with normal business thinking. If it were me, I would definitely buy out at least a few Central buildings from Land." Bao Fuda analyzed rationally.

"What you said makes sense, but maybe the time has not come yet. Maybe they want to audit our large financials first, wait until they find problems, and then threaten us to sell some of the Central properties before they can lend us money." Niubijian thought for a while and said.

"This is also possible. So what should we do? Really let them audit?" Bao Fuda asked: "Once our financial problems are exposed, there will definitely be big problems. Let's not say whether Hisense will directly give up the loan. Or if the lion opens his mouth, if they accidentally leak it, it will definitely cause the stock to crash, and then we will be a replica of Jianing.

It's even hard to say whether Chen Zhiwen will leak it intentionally. Although there will be a confidentiality agreement, such an agreement cannot accompany a lot of money. If Chen Zhiwen sacrifices one of his subordinates, he can exclude himself from it. At most, he will accompany him a little according to the contract. money. "

"What you said makes sense and your analysis is very good, but what else can we do? The funds in the company's account can only support the next stock dividend, or the next phase of the trading platform's funds immediately. You plan to spend the money Where? Once we run out of money at any level, Land's debt may explode. And even if we find a way to raise some money from other places and pass this level, what happens next? Several projects cannot be stopped, and the entire Yihe The basic salary of the department must be paid, right?" Newbijian sighed and said: "Why don't I know that Chen Zhiwen must have bad intentions, but what can I do? HSBC has already stated that it will not help us. The whole of Hong Kong, Only Hisense has the ability to spend such a large amount of money. I have to say that Chen Zhiwen's vision is really good. He actually predicted that there would be problems with the Hong Kong dollar exchange rate a long time ago. With all the preparations he made before, today's The benefits are definitely huge.”

"The more powerful he is, the more certain I am that he will not let go." Bao Fuda sighed.

"I know this, but have you ever thought about it." Newbijian looked at his close friend beside him and said: "If there were no funds from Hisense Bank, when the capital chain is broken, the Keswick family will definitely take the opportunity to seize power and put We drove out and ran the company like this. You don’t think that if they really launch a shareholders’ meeting or a board of directors, we still have a chance to win, right?
With this loan, at least the entire company can still operate normally. HK$30 billion can at least sustain the entire Jardine Land for another two years. I don’t believe that this real estate crisis can continue for another two years. As long as the real estate industry improves, everything will If people have confidence in Hong Kong's economy and real estate, then the value of our various properties will also rise, and then all debts will not be a problem.

This is the same as when Chen Zhiwen acquired Hutchison. It was not because Chen Zhiwen saved Hutchison, but because the real estate market picked up after he acquired Hutchison, and Hutchison's asset-liability ratio dropped. Otherwise, based on the scale of Chen Zhiwen's other industries at that time, it would not be possible at all. Hutchison cannot be saved. "

"It does make sense to think so, but what if Chen Zhiwen's goal is also Land or even Jardine?" Bao Fuda asked.

"The Yi Chi Mutual Control we prepared is not that easy to crack. Taking a step back, even if Land is really acquired by Chen Zhiwen, we will just leave. What is the difference between Keswick and Keswick driving us away? And before Chen Zhiwen, Regarding the attitude of Hong Kong Electric and Hutchison Whampoa, maybe after their acquisition, we can still maintain our current position, which is better for us, and we no longer have to worry about the Keswick family fighting for power."

"You put it like that, I understand!" Bao Fuda nodded and said. Accepting Chen Zhiwen's funds is not good for Jardine Land, but it is not bad for them. Because if you don't accept it, the capital chain is broken and you will inevitably leave. If you accept it, either If Chen Zhiwen has no ambition or only needs a few buildings, that can be negotiated. His position will be stable with just a few people. If Chen Zhiwen acquires Land, then at most he will leave, and there is still a certain probability of staying.

Your own interests are the most important!

(End of this chapter)