I Want To Be a Rich Man on Hong Kong Island

The Hong Kong dollar crisis came and went quickly, leaving Hong Kong Island a mess.

On July 28, Jardine Matheson and its subsidiary Hongkong Land issued a joint statement: Hongkong Land issued 10% new shares to Jardine Matheson at a price of HK$6.15 per share.

For a while, it attracted the attention of all parties!

Market participants believe that if Jardine Matheson subscribes for the 10% shares issued by Hongkong Land, it will inevitably increase its holdings from slightly less than 35% of the shares (threshold line for comprehensive acquisition of 35%) to 41% of the shares of Hongkong Land, thus reaching full acquisition line;

And does Jardine Matheson have the strength to fully acquire Hongkong Land Company? Many people did not believe that Jardine Matheson still had such strength, and some people talked about Simon Keswick's stupid move for a while.

Just when the citizens were discussing, Jardine Matheson made another move and issued an announcement: Jardine Matheson planned to launch a comprehensive acquisition proposal for Hongkong Land at a price of 6.2 Hong Kong dollars per share.

For a while, everyone finally knew what tricks the new Jardine executive Simon Keswick was playing!

Jardine Matheson not only consolidated its control over Hongkong Land, but also did not want to fully acquire Hongkong Land;

It turned out that the price of 6.5 Hong Kong dollars per share was not attractive to the existing shareholders of Hongkong Land, and naturally they would not sell it to Jardine Matheson;

This is in the hands of Jardine Matheson - without using huge funds, it also makes Jardine Matheson's equity holdings in Landmark exceed the trigger point, and also strengthens its controlling power over Landmark.

At the same time, the market predicted that Jardine's move was nothing more than to resist the pressure from the Wu family;

Therefore, Hongkong Land's stock immediately began to skyrocket, climbing to 7.2 Hong Kong dollars per share in an instant (total share capital of 1.1 billion shares).

 …

Cheung Kong Building

Wu Guangyao, Wu Xianshuo, Li Nan, Ma Shimin, Yuan Tianfan, Liu Yu and others are discussing countermeasures. Simon Keswick's move can be described as a killer copper, disrupting Wu Guangyao's arrangement;

Originally, Wu Guangyao planned to take advantage of the sluggish market after the Hong Kong dollar crisis to talk to Jardine again and win Hongkong Land in one fell swoop.

Unexpectedly, Simon Keswick took advantage of the sluggish market to issue new shares in Landmark to consolidate his controlling stake.

Ma Shimin said: "Ximen's move seems to strengthen Hongkong Land's controlling stake. In fact, he may not have the idea of ​​selling Hongkong Land. He just wants to use this to raise the price of Hongkong Land. Everyone knows that Jardine was in the 1950s. The mainland assets were confiscated, and the Keswick family has always suffered from a fear of supply, so Jardine Matheson missed the rapid development of Hong Kong Island in the 1960s and 1970s.”

Ma Shimin has only been in the Changjiang Department for less than three years, and he is already the CEO of Hutchison Whampoa and concurrently a director of Cheung Kong Industries, which can be said to be highly regarded by Wu Guangyao;

And Ma Shimin has also worked in Jardine Company for 14 years, and knows Jardine Company very well;

So if Wu Guangyao is the head of this acquisition, he is the chief staff officer.

Wu Guangyao nodded, and he also believed that Jardine Matheson had the psychology of selling land, and it was nothing more than a question of price.

But Hong Kong Land is definitely not worth 20 billion Hong Kong dollars now. Simon Keswick opened his mouth like a lion, or he wanted to test Wu Guangyao's determination to acquire Landmark.

Wu Guangyao said: "If I launch a comprehensive acquisition of Landmark now, how much will it cost?"

Yuan Tianfan quickly gave the answer: "According to the experience of the Wharf battle, I'm afraid it will exceed 20 billion Hong Kong dollars!"

When Wu Guangyao acquired Wharf, the stock price soared from 7 Hong Kong dollars to 50 Hong Kong dollars per share, equivalent to a seven-fold increase in market value;

Because there are two companies bidding, the stock can multiply several times.

Wu Guangyao pondered for a long time, and said for a long time: "In this way, it is the most cost-effective to negotiate with Jardine. As long as we take down the Hongkong stock in Jardine's hands, we will have more means to control in the future. I will cut the mess quickly. I decided to fight quickly. Quick decision, ask Simon for me!"

 …

Central, Chater Building.

Wu Guangyao led a meeting with senior executives of Jardine including Simon Keswick in a conference room.

Although things have come to a critical moment,

Wu Guangyao was still not in a hurry, but jokingly said: "When it comes to stock market acquisitions and anti-acquisitions, I think I am not as good as the Keswick family."

The Milk Land War and the Wharf War, in terms of acquisition level, the Wu family is naturally inferior to the Keswick family;

It should be noted that during the land battle with milk, land almost succeeded without spending a penny (successful in the previous life);

The reason why the Wu family won was because they possessed absolute strength, and the level of acquisition was limited, just by spending money.

Simon Keswick said calmly: "In a takeover battle, strength is the best weapon; Mr. Wu has huge wealth, so he can annex other companies with impunity in the market."

Obviously, there is sarcasm in addition to flattery!

Wu Guangyao didn't mind at all, but he advertised that he was a bona fide acquisition.

"You can't say that. Since the company is listed, it must abide by the listing rules; besides, all the subsequent shareholders of the companies I bought are convinced by me."

The two sides were at war with each other, and Jardine's executives still didn't want Hongkong Land to be lost;

But now facing a powerful enemy, if they don't deal with it well, both Jardine Matheson and Hongkong Land may suffer disaster.

Seeing this, Ma Shimin said, "Ximen Taipan, we are willing to buy all the shares in Jardine at a price of 12 Hong Kong dollars per share. We came here with sincerity. Now that Hongkong Land has too much debt, according to this form, Jardine will lose 80% of last year's profits this year, while Hongkong Land will lose more than HK$1 billion."

At this time, Hongkong Land and Jardine Harmony implemented mutual control. Although the equity was secured, there were also many harms;

Hongkong Land is today's debt king, with a debt of 13 billion Hong Kong dollars;

Then the creditor bank will freeze a large amount of assets of Landmark and Jardine, and freeze Jardine's assets, and Jardine will naturally be unable to develop.

But now that Wu Guangyao is eyeing him, Jardine and Landmark dare not dismantle this serial ship;

After all, once the chain ship is dismantled, it will be much easier for Wu Guangyao to buy it!

The situation at this time can be described as "blocking the door". The Wu family blocked Landmark and Jardine in a bad alley without food and water.

"Impossible!" Simon Keswick immediately responded: "It must be 16 Hong Kong dollars per share! Mr. Wu, I understand you. You have been eyeing the property in Central for a long time, and you have the mentality that you must win it."

According to 16 Hong Kong dollars per share, the total share capital of Hongkong Land is 1.1 billion shares, so the market value of Hongkong Land is as high as 17.6 billion Hong Kong dollars.

[For reference, before October 1987, the four major Chinese-funded families had purchased Jardine Land shares at 17 Hong Kong dollars per share; at that time, the total issued shares of Hongkong Land were 2.5 billion shares, and the Chinese-funded consortium quoted as high as 42.5 billion for Hongkong Land Hong Kong dollars (market capitalization of 28 billion Hong Kong dollars). 】

This time, Wu Guangyao stopped bargaining, and said decisively: "Tomorrow Hongkong Land needs to suspend trading. We need to check the relevant information of Hongkong Land from this afternoon."

Simon Keswick also did not hesitate, and said: "Yes! But if you voluntarily give up the acquisition, you need to promise never to acquire Hongkong again!"

Wu Guangyao said: "It's not forever, I promise not to buy Hongkong Land Company for five years at most!"

Although the deal has basically been concluded, Wu Guangyao still kept an eye out;

After all, an incident happened in 1989, which also caused panic on Hong Kong Island, a large number of foreign capitals withdrew and citizens emigrated.

The error-free chapters of "I want to be a rich man in Hong Kong Island" will continue to be updated on Sonovel.com. There are no advertisements on the site. Please bookmark and recommend Sonovel!

If you like I want to be a wealthy family in Hong Kong, please bookmark it: () I want to be a wealthy family in Hong Kong Island, and the search novel update speed is the fastest.