Reborn Xiangjiang as a Tycoon

Chapter 236 The Caesarek Family

Jardine Matheson.

Because Newbie had caused great losses to Jardine Matheson, he was resigned from Jardine Matheson. The new chairman is now Henry Caesar.

The board of directors of Jardine Matheson & Co. is firmly controlled by the Caesars family. Over the years, many members of the Caesars family have served as managers of important companies of Jardine Matheson. Henry Caesars served as the company manager from 1970 to 1975, and he was the company's manager.

The 6th Cesar among managers.

After 1975, Henry Kaiser left Hong Kong and returned to the UK. However, this time New Bijian was fired, and the Kaiser family had difficulty finding a suitable chairman for the company, so they sent Henry Kaiser over.

Henry Keswick temporarily serves as chairman of Jardine Matheson.

If Henry Caesar does a good job and he is willing to serve as chairman of Jardine Matheson, then this temporary position will definitely be removed later and become a permanent appointment.

After all, it is only 1978, and it has only been about three years since Henry Caesar left Hong Kong. Many of the management of Jardine Matheson has not changed, so he quickly took control of Jardine Matheson. At the same time, Henry Caesar

Some of the most important businesses of Jardine Matheson today are also understood.

But on Thursday, the manager of the Securities Investment Department of Jardine Matheson reported to Henry Kaiser that the Wharf stock had changed in the past few days and that a lot of funds were buying the company's stock.

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Wharf and Land Company are the left and right arms of Jardine Matheson, one of the most important companies. Henry Caesar also knew that Wharf was targeted by the world's shipping king Bao Yugang last year, and Bao Yugang purchased Wharf.

Later, Niu Bijian found Shen Chou, the chief executive of HSBC, to make peace with him, and Bao Yugang stopped increasing his holdings in Wharf.

"Could it be that Bao Yugang saw the group's recent losses of hundreds of millions of Hong Kong dollars, so he tore up the verbal agreement and increased his stock holdings?"

Henry Kasik guessed that the group's damage and weakness were obvious to all, and Bao Yugang would definitely know about it, so he immediately thought of Bao Yugang.

"It's not certain yet."

The investment manager said: "I will ask someone to investigate this matter, but if you want to know faster, it is best for you, chairman, to ask the exchange."

"I'll call right away."

Whether Bao Yugang was increasing his holdings of Wharf stocks was very important, so Henry Kaiser immediately called the top management of the Hong Kong Stock Exchange and asked people about the large number of purchases of Wharf stocks in the past few days.

Where does the funding come from.

Jardine Matheson's reputation was still very effective in Xiangjiang, so Henry Kaiser quickly knew who was buying and how many shares had been bought.

“I didn’t expect that Yum Securities was buying Wharf shares.”

Henry Kaiser was very surprised that Jardine Matheson suffered such a big loss from short selling Hutchison Whampoa. Of course, it was found out that the two people who made money by doing long were Lin Baicheng and Iwasaki Mineryu. At the same time, Lin Baicheng's property in Xiangjiang was also investigated.

A clear one.

Of course, Jardine Matheson can only find out what industries Lin Baicheng owns, and the specific operations of these companies are not something that Jardine Matheson can find out.

"This Lin Baicheng, I haven't gone to trouble him yet, but he's actually targeting Wharf again."

Henry Caesar was very unhappy. Yihe suffered huge losses. Of course Henry Caesar wanted to regain his position, but for the time being, he did not have the time to trouble Lin Baicheng. Sorting out the group was the top priority. Unexpectedly, he did not take any action.

, Lin Baicheng took action against Jardine Matheson first.

"Chairman, I don't think there is any need to worry about this matter."

After the investment manager learned that it was Lin Baicheng who bought Wharf's shares, he said: "Currently, Jardine Matheson and Bao Yugang hold about 50% of the Wharf shares, and the number of shares circulating in the market is at most only

Half of it, if Lin Baicheng wanted to acquire Wharf, there would be no way to buy too many shares. If he really bought 10% or even 20% of the shares, the stock price would inevitably be raised very high. By then we

It’s not too late to deal with it.”

"Things are not as simple as you think."

After hearing this, Henry Kaiser couldn't help but shook his head: "Currently, the number of shares held by us and Bao Yugang should be more than 20%, but we may have more. If Lin Baicheng buys 10% or even more

If he buys all the shares from Bao Yugang, or Bao Yugang buys all the shares from him, in either case we, Jardine Matheson, will lose control of Wharf."

"It's not impossible."

The investment manager thought about it and found that this possibility was not small. After all, Lin Baicheng and Bao Yugang were both Chinese. Furthermore, even if they did not buy the shares from each other, but chose to cooperate and take control together

If so, it is entirely possible that Jardine will be kicked out of Wharf.

Henry Kasik spoke up and said: "You go and keep an eye on the changes in the stock market first. I will call all the senior management to hold a meeting to discuss how to respond."

"Yes, Chairman."

The investment manager heard this and left.

Henry Kaiserk didn't delay and immediately asked his secretary to contact all senior executives for a meeting in the conference room.

Senior executives of Jardine Matheson were also surprised when they learned that Lin Baicheng's Yum Securities had bought shares in Wharf. Unexpectedly, there was another spoiler, and he appeared when Jardine's strength was damaged.

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Henry Caesar and others are discussing whether there is a way to prevent Lin Baicheng from buying Wharf stocks. At least not to buy too much, preferably within 5%. Jardine has lost hundreds of millions of Hong Kong dollars this time.

When the group's important assets are sold, it is difficult to raise a large amount of funds, and naturally there is no way to increase its holdings in Wharf. Therefore, it is of course best to prevent Lin Baicheng from buying too many Wharf stocks.

After some discussion, Henry Caesar and others decided to ask HSBC and Standard Chartered Bank to inquire about Lin Baicheng's situation. If they were sure that Lin Baicheng wanted to buy a large amount of Wharf stocks, they would ask the two banks to help persuade him.

If the persuasion fails and Lin Baicheng insists on buying a large amount of Wharf stocks, then Jardine will follow through and first choose to borrow a sum of funds from the bank to increase its holdings of Wharf stocks. As for the verbal agreement with Bao Yugang, that is of course

Canceled.

If possible, Henry Caesar now hopes that Jardine Matheson can safely and steadily regain its strength. Unfortunately, things don't go as planned. Important companies in the group are targeted and he has to choose to fight.

Of course, Henry Caesar actually had an unknown idea in his mind. If the competition for control of Wharf pushed Wharf's stock price too high, then Jardine would give up Wharf, sell the stock at a high price, and cash out a large amount of money.

Funds are also completely acceptable.

(End of chapter)