Video Game Empire

Chapter 456: Buy Landmark?

At the end of the 1970s, Mr. Bao Yugang, the Hong Kong ship king, decided to abandon his boat and land, so he pulled his teeth from the Jardine Company and forcibly acquired the Wharf Company. At that time, the reason why Jardine Company lost an arm was because its shareholding in Wharf was too low.

So Niu Bijian, who was the head class of Jardine Company at that time, began to reorganize the entire Jardine Department, and let the two core companies, Jardine Holdings and Landmark Group, carry out large-scale cross-shareholding. The two companies each hold nearly 40% of each other's equity, making it difficult for the outside world to have a chance to sell.

However, just after Niu Bijian completed the mutual control of Zhiyi, he encountered the collapse of the Hong Kong real estate industry in 1982. Landmark suffered heavy losses as a result of being too aggressive in its previous investments. The mutual control model between Jardine and Landmark resulted in a mutual drag and a lose-lose situation. When Jardine's share price was at its lowest point, the market value of the entire company was less than 3 billion Hong Kong dollars.

For a time, various gossips about the merger and acquisition of Jardine Holdings by Chinese capital came out in the Hong Kong market. At that time, the market value of the Landmark Group was around 10 billion Hong Kong dollars, but the total market value of Jardine, which held 40% of the shares of Landmark, was only 3 billion Hong Kong dollars. It can be said that the value of Jardine is seriously underestimated, which will naturally attract the snooping of other predators.

The relationship between the Keswick family and Jardine Matheson has been more than 100 years since William Keswick became a Jardine Matheson in 1874. But in fact, in the entire Jardine family, the Keswick family actually only holds shares in Jardine Holding Company ∫, .., and the shareholding ratio is not high, less than 20%.

So Simon Keswick used the excuse of Landmark's huge losses to kick out his predecessor, Niu Bijian. After he took over the overall situation of Jardine Matheson. The first task was to secure the Keswick family's control of the Jardine Company.

And Jardine Holdings, which is tied to the coveted Land Group, is obviously vulnerable to attacks from other capitals. But after Zhiyi mutual control is unlocked, Jardine Company is safer. But its grip on Landmark is also declining.

Landmark has long been a leader in Hong Kong's real estate industry. Although it was hit hard by the real estate crisis in 1982, the market value of Landmark remained above HK$10 billion. Especially after Simon Keswick took office, through drastic write-offs and reforms, Landmark Group has begun to stop the bleeding.

The real estate industry is a hugely profitable industry, which has created a lot of wealthy people in Hong Kong. However, the profitability of the Oriental Group is not inferior, so Li Xuan never considered entering the real estate industry. But Jardine is a very special company to Hong Kong. It and HSBC are known as the two flags of British capital in Hong Kong.

The Land Group is Jardine's main asset in Hong Kong. If Landmark can be snatched from Jardine, the shock will be much bigger than Li Jiacheng's acquisition of Hutchison Whampoa and Bao Yugang's acquisition of Wharf. Especially at a time when people are floating in Hong Kong and people are migrating overseas. It's sure to have a calming effect on people's minds!

However, there are not a few Chinese businessmen who secretly spy on Landmark, but Landmark's plate is too large. If a forced acquisition needs to mobilize a huge amount of funds, most people with ideas are powerless. Li Xuan may be the only person in Hong Kong who has no financial problems. But he will not arbitrarily mobilize nearly 10 billion Hong Kong dollars of funds. Go buy a company that has little to do with your main business.

However, if Li Xuan did not take action himself, he could encourage others to take action. The families of his friends Lin Yuhao and Xu Jiankui are real estate giants. However, the momentum of the Xu family and the Lin family is still a line behind top giants such as Li Jiacheng and Bao Yugang.

If you can support the two companies that have the closest relationship with him to a higher level, it will also be extremely beneficial for Li Xuan to expand his influence in the upper class in Hong Kong! So after Zhuang Yuhai mentioned this to him, Li Xuan also began to think about the pros and cons of acquiring Landmark.

Of course, even if the acquisition was really launched, Li Xuan would at most be beating the drums. And in order to avoid shaving the head and picking the head to be hot. He must first inquire about the thoughts of the Lin family and the Xu family.

"Acquisition of Landmark? Even if you want to take over the shares in Jardine's hands at the current market price, you will need nearly 4 billion Hong Kong dollars in cash! It is impossible for my family to raise so much money!" When he came out, he didn't expect that Li Xuan invited him to dinner today and made such a shocking suggestion.

The outside world's valuation of the Xu family's property is about 5 billion Hong Kong dollars, but most of these are fixed assets, and it is not easy to discount. The acquisition of Landmark is far beyond the capabilities of the Xu family, which is why Xu Jiankui's reaction is so great.

"I didn't say let your family act, Ah Hao, is your Lin family interested? Mandarin Oriental, a subsidiary of Landmark, is one of the best-run hotel groups in Hong Kong!" Li Xuan asked his college roommate Lin Yuhao again. glanced.

In addition to real estate, the main business of the Lin family also includes hotels. Although Lin Yuhao gave up the inheritance rights of the family property early, he went to the Deep Sea Special Zone to work hard alone. However, through his outstanding performance in the past few years, his voice in the Lin family is getting bigger and bigger!

"Even if we do send a takeover offer to Jardine Company, is Jardine really willing to give up control of the land?" Lin Yuhao said with a frown. After all these years of experience, he is no longer the shy young man he used to speak, but has transformed into a thoughtful businessman.

"Since we are determined to acquire, it doesn't matter if Jardine disagrees~www.readwn.com~ Just force the acquisition! We have prepared 12 billion in cash, are you afraid that we won't be able to get it!" Li Xuan said very boldly.

"As expected of the 'God of Wealth Li', there are tens of billions in cash when you open your mouth! But where does this money come from?" Xu Jiankui asked with a shriveled mouth.

"I can persuade Jiahua Bank and Standard Chartered Bank to provide 5 billion Hong Kong dollars of credit support for the acquisition. The lh investment fund in my personal name will contribute 2 billion Hong Kong dollars to participate in the operation. The remaining 5 billion funds must be raised by you. If You two are not strong enough, you might as well bring in one or two more people!" Li Xuan said with a chuckle.

With his light-hearted words, more than half of the funds were settled, which made Xu Jiankui and Lin Yuhao become more solemn all of a sudden. Although they had some doubts about whether they really needed to spend 12 billion Hong Kong dollars to acquire Hong Kong Landmark with a market value of only 15 billion Hong Kong dollars, they both began to seriously consider the feasibility of this matter.

If one or two more capitals are brought in, then each of them only needs to raise more than one billion Hong Kong dollars in cash, which will suddenly become easy to operate! However, on such an important matter, their two juniors naturally cannot be qualified to make decisions, and they also need to pass on Li Xuan's words to the elders in the family to make decisions. (To be continued...)

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