In Hong Kong, we build a global business empire
Chapter 466: Ximen was so angry that he wanted to slam the door and leave
"Indeed, we do. If Mr. Lin is interested in acquiring Jardine Securities, we are willing to sell it to you! I believe you are also aware that Jardine Matheson holds approximately 40% of the shares of Jardine Securities and is the undisputed controlling shareholder.
Once Mr. Lin successfully purchases our shares, you will directly become the new owner of Jardine Securities! "Simon Keswick showed the key chips without hesitation, hoping to arouse Lin Haoran's interest.
Lin Haoran tapped his fingers lightly on the desk. After a long silence, he turned to Simon Keswick and asked directly, "What is your offer for the shares of Jardine Securities?"
Ma Shimin, who was standing by, did not interrupt.
After all, they were looking for Lin Haoran himself, not the Jardine Matheson Group.
"HK$8 million, Mr. Lin only needs to pay this amount, and we will transfer all the shares of Jardine Securities to you. You will then be in control of this company with a total market value of HK$15 billion!" Simon Keswick's words revealed that purchasing these shares for HK$8 million was an extremely cost-effective deal.
If Jardine Securities holds many high-quality real estate projects, as a listed company, it will undoubtedly attract the attention of many investors.
However, considering the current situation of Jardine Securities, Lin Haoran felt that it was not worth even HK$8 million, let alone HK$ million.
Without Jardine Matheson as its backer, the performance of Jardine Securities is bound to decline.
Today, perhaps the most valuable thing about Jardine Securities is the influence he has built up in Hong Kong over the years and the many elites in the industry.
He couldn't help but sneer and retorted: "Mr. Simon, you think I'm an easy sucker, don't you? It's not easy to make money these days, and I don't have any extra money to squander."
After hearing what Lin Haoran said, Simon Keswick's face almost turned pale.
Considering the current predicament of Jardine Matheson and their urgent desire to withdraw from Hong Kong, selling Jardine Securities seems to be the best option.
After all, once Jardine Matheson loses its strong backing, the performance and market value of Jardine Securities are likely to decline, which will undoubtedly bring huge losses to Jardine Matheson.
It is obviously irrational to continue holding shares in Jardine Securities.
So Simon Keswick took a deep breath and tried to adjust the atmosphere: "Mr. Lin, I understand your concerns, but please believe that the value of Jardine Securities is far more than this. We are willing to discuss the price with you further and find a solution that both parties can accept."
He tried his best to calm himself down and continued, "So, Mr. Lin, what do you think is a reasonable price?"
Lin Haoran smiled slightly and calmly reported a number: "One hundred million Hong Kong dollars. I am willing to purchase 40% of your shares at this price. This is quite generous in my opinion."
Simon Keswick's face suddenly changed when he heard this. He almost jumped up from his chair and said angrily, "Mr. Lin, why don't you go and rob it?"
Faced with Simon Keswick's angry reaction, Lin Haoran remained calm and composed.
He stood up slowly, placed his hands lightly on the desk, looked directly at Simon Keswick, and said in a calm tone: "Mr. Simon, let me clarify that my offer of HK$100 million was not made rashly or maliciously, but after careful consideration, based on an in-depth analysis of the current market environment and the actual situation of Jardine Securities.
As far as I know, Jardine Securities is currently even renting office space in the Jardine House. For such a large company, it does not even have its own independent office building. This makes people question its asset structure and independence.
You know, even the Wan'an Group that my father used to run, whose market value was much lower than that of Jardine Securities, had its own headquarters building.
Mr. Simon, what do you think is the real value of Jardine Securities in this case? How can it support a total market value of 15 billion?
In my opinion, market valuations are often inflated, and Jardine Securities’ market value is clearly overvalued, so my offer is based on realistic considerations rather than unwarranted price cuts.”
“No, no, no, Mr. Lin, you may not understand that Jardine Securities has achieved remarkable results in recent years. Not to mention revenue, last year and the year before last, the profit alone exceeded HK$1.5 million. Even if we trace back one year, its profit exceeded HK$1 million.
In my opinion, such profitability is not only able to fully support its market value of HK$15 billion, but it can even be said that it has a higher value potential, and it would not be an exaggeration to reach HK$20 billion.
Therefore, it is probably biased to say that its market value is high.”
Simon Keswick thought that Lin Haoran did not understand the revenue situation of Jardine Securities, so he calmed down again and explained patiently, trying to make Lin Haoran realize the true value of Jardine Securities.
Lin Haoran smiled slightly, and was not shaken by Simon Keswick's explanation. "Mr. Simon, my offer is HK$100 million. This is my bottom line. If you accept it, we can have a deal. If not, then we have to give up. To be honest, my interest in Jardine Securities is indeed limited."
Simon Keswick's face turned pale when he heard this, and he felt greatly insulted: "Mr. Lin, your offer is simply a disdain for our Jardine Securities Company! In this case, I don't think there is any need for us to continue the discussion!"
Lin Haoran still kept smiling, with a hint of teasing in his tone: "Mr. Ximen, since this has come to this, I won't keep you any longer. Goodbye, I won't see you off!"
Simon Keswick was full of grievances, knowing that it was useless to stay any longer, so he left Ma Shimin's office with a rage, almost escaping. Seeing Simon Keswick leaving in anger, even Ma Shimin laughed, and did not have any sympathy for Simon Keswick because he was once a senior executive of Jardine Matheson.
After all, his current boss is Lin Haoran, not his former employer, Jardine Matheson.
"I didn't expect that they actually wanted to sell Jardine Securities. This is the most important subsidiary of Jardine Matheson in Hong Kong. It seems that they really want to withdraw from the Hong Kong market completely." Ma Shimin said with some emotion.
“If there was no grudge with the Governor’s Office and if there was the Governor’s Office as a backing, even if Jardine Matheson moved its headquarters to the UK, Jardine Securities would still be able to thrive in Hong Kong.
But this time, in order to retaliate against me, they attempted to manipulate public opinion, dragging down the Hong Kong real estate industry and triggering a crisis, which ended up causing the Governor's Office to suffer heavy losses.
This kind of retribution left a bad impression on Jardine Matheson in the Governor-General's Office. Even though the punishment had been passed, they could not expect the Governor-General's Office to show any favoritism in the future.
Without backstage support, the decline of Jardine Securities was only a matter of time. Other companies would certainly take the opportunity to erode its market share. They were also aware of this and wanted to sell it as soon as possible while the stock price was still high.
It's a pity that I'm not a sucker who can be slaughtered at will!" Lin Haoran said with a smile.
"Boss, are you really not interested in Jardine Securities? Admittedly, the price of 40 million for 8% of their shares is a bit high, but if it is sold for 5 million Hong Kong dollars, it will undoubtedly be a good deal.
If you were in control of Jardine Securities, combining your influence in Hong Kong with the brand effect and talent resources accumulated by Jardine Securities over the years, you would be able to make great strides in the industry and push its market value to new highs!
Moreover, Jardine Matheson Securities has inestimable value both to you personally and to the Hong Kong Land Group. I think this company is very worthy of consideration for acquisition.
If you are not personally interested, perhaps we can discuss the acquisition with Hong Kong Land Group as the buyer?" Ma Shimin was quite surprised by Lin Haoran's cold attitude towards Jardine Securities.
Ma Shimin actually wanted to interrupt just now, because as a former senior executive of Jardine Matheson, he is quite familiar with Jardine Securities.
Perhaps, Jardine Securities does not have many inherent assets, but its real value lies in the brand of Jardine Securities accumulated over the years and the numerous industry talents within the company.
These are also the keys to Jardine Matheson Securities' dominance in the Hong Kong market.
Of course, the support of Jardine Matheson is also indispensable.
It was just because Lin Haoran seemed to have no interest just now. If he interrupted, Simon Keswick would think that the Jardine Matheson Group was interested, and then it would be difficult to negotiate the price.
However, as soon as Simon Keswick left, Ma Shimin couldn't help but speak out.
Mr. Ma, I have my own ideas. You should not get involved too much in Jardine Securities. You will know what I want to do soon!" Lin Haoran smiled mysteriously.
Lin Haoran would naturally not let go of this grudge so easily as he was trying to use public opinion to frame him for no reason.
Lin Haoran is not someone who can be bullied easily now.
Although the government fined Jardine Matheson & Co. $5 million, it was the government's punishment on Jardine Matheson & Co.
He, Lin Haoran, has not yet taken revenge!
Originally, he was still considering how to deal with Jardine Matheson, such as how to deal with Jardine Matheson's overseas industries?
Unexpectedly, Simon Keswick came to me on his own initiative.
When Simon Keswick revealed that Jardine Matheson was going to sell Jardine Securities, an idea slowly formed in Lin Haoran's heart.
He wanted to take this opportunity to take revenge on Jardine Matheson!
He not only wanted to protect his own interests, but also wanted Jardine Matheson to pay the price for their actions.
Since Jardine Matheson was determined to withdraw from Hong Kong completely, Lin Haoran prepared to deal them another heavy blow before they left.
He, Lin Haoran, is not someone who can be bullied.
This revenge on Jardine Matheson was not only to vent his anger, but also to show everyone that anyone who dared to bully Lin Haoran would pay a heavy price. (End of this chapter)
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