I Want To Be a Rich Man on Hong Kong Island

  Chapter 671【Heyihe talks about numbers】

  June, Hilton Hotel in Central.

  Wu Guangyao, Wu Xianshuo, and Ma Shimin on behalf of the Wu family, Niu Bijian, Bao Fuda, and Simon Keswick on behalf of Jardine and Land, are in a private room.

  New Bijian is also the chairman of the board of directors of Jardine and Land, and Bao Fuda is the general manager of Land;

  Simon Keswick came to Hong Kong Island from Australia last year (1982) and is currently the executive director of Jardine Matheson, responsible for the international affairs of the group.

  In this private conversation, Wu Guangyao initiated an invitation on the initiative, intending to test the question about the sale of land.

  At this time, the inside of the Jardine Group was at a time of torrential turbulence, and the Keswick family was forcing New Bijian to step down;

  As early as 1981, the power struggle between the Keswick family and New Bijian had become apparent;

  At that year, the board of directors had brewed the dark tide of the downfall of New Bijian, but after the two parties compromised, New Bijian was able to continue to serve for another four years;

  But now that land has such a serious problem, the Keswick family immediately demanded that Newbican leave early.

  Wu Guangyao first said: “I invite three people to come this time. I want to ask if Jardine can sell the land to me?”

  Without any muddle-headedness, Wu Guangyao directly explained his intentions.

  As the chief executive of Jardine and Land Land, Niubijian did not speak, but instead looked towards Simon Keswick;

  From this point of view, Niu Bijian also knows that he can no longer gain a foothold in Jardine Matheson. It is only a matter of time before he resigns.

  Simon Keswick heard the words, but was not angry, and said in a calm tone: "At what price is Mr. Wu going to buy the shares in the land in our hands?"

Seeing that Simon Keswick was so calm, Wu Guangyao was not surprised. Simon Keswick, who was in college, was a middle-second young man and a cynical modern hippie. He was only a year old at university and called a classmate. Put him in a coffin and carry him out of the campus; old Keswick was so angry that he called him "rules are not teachable."

  Often this kind of children who don't take the unusual path can achieve better results in the end. Now Simon Keswick is doing things better than his brother.

  Wu Guangyao said with a smile: “Calculated on the basis of the highest market value of Hong Kong Land before the stock market crash of 8 billion Hong Kong dollars, how about a 30% premium?”

  Simon Keswick said: "Mr. Wu is very sincere, but the market value does not reflect the actual value of the company; otherwise, what about the purchase of Cheung Kong Holdings by Jardines at a price of 26 billion Hong Kong dollars?"

  Naturally, Wu Guangyao would not agree. The Keswick family may not take it out, but the Wu family has an enemy in the UK, who knows if he will participate in this matter.

Wu Guangyao said with a smile: "Jihe is a century-old group company, and its strength is not to be glimpsed! Actually, I didn't come to talk to you because Jardine Land was in trouble; it's because I don't think you have enough trust in the mainland. , Britain intends to withdraw from Hong Kong again, so I came to talk to you."

  It’s no secret that Britain intends to withdraw from Hong Kong. It’s just that Britain likes to talk about conditions!

  But it is precisely those conditions that the mainland cannot accept.

  Simon Keswick said: “Mr. Wu really likes hearsay, and we are optimistic about the development of Hong Kong.”

  Ma Shimin sees Wu Guangyao’s kind words to persuade him, but Simon refuses to enter, so he pretends to be a wicked person;

"Everyone, as far as we know, the debt of Hongkong Land is as high as 13 billion Hong Kong dollars. You can buy a building with just the interest you need to pay each year. Not only that, because Land and Jardine are "serial ships", the financial crisis of Land and now is bound to be affected. Jardine has swallowed up Jardine's profits. Furthermore, the serial ships of Land and Jardine are not without flaws. On the contrary, "the two poles must be reversed. "Every damage will be damaged, and everything will be damaged."

  Simon Keswick frowned, and one sang the red face and the other sang the black face. Obviously something is bound to win!

  The serial ships of Land and Jardines seem to be reliable, but they do have flaws;

When the takeover war breaks out, the acquirer can apply to the Takeover and Merger Committee for an injunction to prohibit the acquiree from exercising the voting rights of the equity of the mutual controlling party; this is equivalent to the removal of the chain between the "serial ships" and the one-to-one acquisition and countermeasures. Acquisition

  If the acquirer's application is approved, the advantages of Jardine and Land's mutual control will disappear.

  Also, the market value of Land is higher than that of Jardine Land. Land Land is now 6 billion Hong Kong dollars, while Jardine is only 2.5 billion Hong Kong dollars;

  If Wu Guangyao goes directly to privatize Jardine, wouldn't it be possible to control the two companies with a small amount of capital?

  Now, Jardine Land has a financial crisis and is completely unable to resist the financial resources of the Wu family;

  However, Wu Guangyao now likes the strategy of ‘eliminating the flames between glasses of wine’, so he will not take over hostilely.

Simon Keswick said in a deep voice: "Jihe has gone through a hundred years and we have a lot of assets around the world. Hong Kong alone is nothing but a failure of investment. The difficulty is only short-lived. If Mr. Wu likes a hostile takeover, just let it go. Come here."

  Wu Guangyao said with a smile: "Mr. Keswick misunderstood what we meant. We meant that Landland had hurt Jardine and it might as well sell it at a high price."

  Simon Keswick said: “The stock market can never reflect the true value of a company. Land is the flagship company in our minds. If Mr. Wu really wants it, then it is worth 20 billion Hong Kong dollars. Maybe we can consider it.”

  Wu Guangyao wanted to agree on the spot, think about the decision or wait a little longer;

  Although the price is very exciting, but the process is very uncomfortable.

  20 billion Hong Kong dollars plus 13 billion Hong Kong dollars in debt, Wu Guangyao is not unable to come up with it, but does not like this acquisition method.

  Hong Kong Island suddenly reported that Wu Guangyao intends to buy the land company, which caused the stock market to rise by 3% for a while, and the stock of Hongkong land soared by 10%.

  Simon Keswick even accepted interviews with reporters. His words always emphasized that the market value of Land is lower than the actual price of Land, and then said sincerely:

   "The door is always open!"

   "The problem is the price!"

  Ximen’s move is undoubtedly to raise the price of Land, in order to defend Land;

  Of course, the Keswick family has a big weakness, that is ‘fear of G’;

  So, as long as the price is right, Land Land is not a non-sale item.

  There is still news about the Wu family’s acquisition of Land in the market, which has greatly increased the Chinese prestige;

  However, a major event happened to Jardine Land, which immediately caused another storm on Hong Kong Island.

  Tapan New Bijian, who is also a Jardine and Land, announced on the board of directors that he resigned from the chairmanship of the two companies, and only retained the position of director;

  The Keswick family is making a comeback!

  New Bijian said in an extremely sad way when being interviewed by the media:

   "I'm just a worker!"

  "The situation in Hong Kong has changed. Britain is preparing to abandon Hong Kong. Chinese businessmen have become stronger and stronger since the 1960s. This is just like when the United States supported Japan, but one day it was discovered that the baby in his arms was a tiger."

  "I love Hong Kong, I will always love Hong Kong!"

  Nubijian did not say it clearly, but there is still some dissatisfaction with the Keswick family in words;

  Jihe implemented the strategy of ‘Developing Hong Kong and Investing Overseas’ in the 1960s and 1970s. It was entirely the strategy implemented by the Keswick family, and Newbie was just an executor;

  It was precisely because of the missed opportunities for Hong Kong’s development in the 1960s and 1970s that the return to Hong Kong’s investment in the 1980s was actually wrong.

  The media began to write news one after another. Back then, Mr. Wu Guangyao took the Wharf from the Keswick family, which made Jardine lose a wing;

  Now that the Keswick family is in power again, and facing Mr. Wu Guangyao's menacing force, at this time Simon Keswick, who is also in the two classes of Jardine and Land, is he better than his brother Henry Keswick?

  The media used ‘for the new Jardine Matheson, the battle has just begun! ’

  What kind of accomplishment can make Simon Keswick look smarter?

  Many media analysts have said that keeping the land without loss is not the only proof, and selling the land at a high price is also a proof.

  Hongkong Land has become the debtor of Hong Kong, but it will harm Yihe if it stays in its hands. In addition, the Keswick family has a ‘fear of confession’;

  So, even if Jardine sells the land at a high price, it is a smart policy!

  (End of this chapter)