Reborn Xiangjiang as a Tycoon

Chapter 271 Golden Gate Tower

"Hutchison Whampoa wants to acquire the Golden Gate Tower? What is it doing?"

When Henry Kaiser learned from his secretary that Hutchison Whampoa wanted to acquire the Golden Gate Tower, he was a little confused.

The reason Henry Keswick knew about this was not because he followed Hutchison Whampoa's every move. Now that Jardine Matheson had a lot of things waiting for him to deal with, he didn't have the free time to pay attention to other people's companies.

The reason why he knows this is simple, because the Kinmen Building was built in the 1960s and originally belonged to the Kinmen Construction Company. The Kinmen Construction Company was privatized, delisted and acquired by Jardine in 1975, becoming the entirety of Jardine.

Capital subsidiary. In this way, Golden Gate Tower naturally becomes a property owned by Jardine Matheson.

Therefore, it was difficult for Henry Caesar to know whether Hutchison Whampoa wanted to acquire the Golden Gate Tower.

The secretary said aloud: "People from Hutchison Whampoa have just contacted us and only proposed the intention to acquire the Golden Gate Tower. It is not clear what Hutchison Whampoa thinks."

“Convene a meeting with all directors and senior management of the company!”

Henry Caesar immediately said that the Golden Gate Tower was worth hundreds of millions of Hong Kong dollars. This was an acquisition involving hundreds of millions of Hong Kong dollars. Regardless of whether he refused or not, he would have to discuss it with other senior executives and directors of Jardine Matheson.

"Yes, Chairman!"

The secretary responded and left the office.

About twenty minutes later, all the senior executives and directors of the company arrived in the conference room.

"Everyone, the reason for convening this extraordinary meeting is because Hutchison Whampoa suddenly launched the company's intention to acquire the Golden Gate Tower. I think you all know very well about the Golden Gate Tower, so I won't say more here."

"The theme of this meeting is to discuss why Hutchison Whampoa wants to acquire the Golden Gate Tower and whether the company should sell the Golden Gate Tower."

At the beginning of the meeting, Henry Kaiser pointed out the theme of the meeting.

"Hutchison Whampoa is really rich now."

One senior executive said with a sour tone that it would cost at least hundreds of millions of Hong Kong dollars to acquire the Golden Gate Tower. Hutchison Whampoa now has so much money to acquire it, which shows its strong strength. However, just last year, Jardine Hess also beat out the same four-year-old

Dayang has more than one Hutchison Whampoa, but now it's the other way around, which makes me sad just thinking about it.

Someone echoed: "I made 1.8 billion Hong Kong dollars from my investment, so that doesn't mean I'm rich."

"I have heard that Hutchison Whampoa just paid off nearly 1 billion Hong Kong dollars in debt a while ago, and now it is a hot commodity in the eyes of major banks."

"I really can't believe that Hutchison Whampoa became the largest company in Hong Kong in less than a year after being acquired by a Chinese."

"There is no need to be envious. Hutchison Whampoa's stock price is now in a bubble and will fall sooner or later."

"."

"Ahem!!"

Seeing that everyone's topic seemed to be getting further and further away, Henry Kasik immediately interrupted: "Don't worry about whether Hutchison Whampoa has money or not, don't go off topic."

Upon hearing this, several executives and directors immediately reacted. Now is indeed not the time to say this.

"I don't think it's necessary to sell the Golden Gate Building. It would have been much the same last month when we competed with Bao Yugang for the Wharf. We were in urgent need of funds at that time. We could raise a lot of funds by selling the Golden Gate Building. If we sold it, we would sell it. Now

Now that the Wharf has changed ownership, there is no need to sell the property anymore."

"I don't think it's necessary. Besides, even if we want to sell the Golden Gate Tower to raise funds, we can sell the Golden Gate Tower to Land Company. In this way, the group will have raised sufficient funds, and the Golden Gate Tower will still be the group's property and there will be no change."

"The group just used the hundreds of millions of Hong Kong dollars it cashed out to increase its stake in Land and Land, and soon after sold the Golden Gate Building to Land and Cash to cash out hundreds of millions of Hong Kong dollars. Other shareholders and directors of Land and Land would not agree to this."

"I'm just giving an example. It's not like we're going to sell the Golden Gate Building to Land Corporation right away. It will be fine if we sell it in a year or two."

"I think as long as the price is right, it can be sold. In the past few years, the group has already been in financial crisis due to many investment mistakes. Newbie's investment failure has only exacerbated the financial crisis. Although a lot of stocks have been recovered from the sale of Wharf

Funds, but most of the funds have been used to increase the shares of Land Corporation, and the group is still short of funds."

Wharf and Land have always been the right shoulder and right arm of Jardine Matheson. Now that it is only a matter of time before Wharf changes ownership, Jardine will naturally want to keep Land. If after losing Wharf and then Land, Jardine Matheson will not be able to call itself a

I went to the four major foreign banks.

Therefore, after selling some Wharf stocks to raise hundreds of millions of Hong Kong dollars, Jardine Matheson immediately used it to increase its holdings in Land Company's shares, increasing its shareholding in Land Company to about 40%. This shareholding ratio can allow Jardine Matheson to increase its holdings in Land Company.

and no longer worry that Land Corporation will be acquired.

However, the result of this is that the funds recovered from the sale of Wharf stocks are almost exhausted, and there is not much remaining, which does not help the group's financial crisis.

For Jardine Matheson, the current top priority is to solve the group's financial crisis and not let the group's financial crisis expand. Otherwise, once creditors think that the group cannot repay its debts, debt collection banks will follow one after another.

, the group’s losses will only be greater by then.

"I also think it can be sold. The most important thing for the group now is to solve the financial crisis. Even if the Golden Gate Tower is not sold, other assets must be sold. It is difficult to obtain a large amount of funds just from bank loans, given the group's current situation."

"I also agree to sell, but since it is Hutchison Whampoa's proposed acquisition, the price can be mentioned."

"Yes, since Hutchison Whampoa is so rich, let's kill it."

"."

More people still chose to agree to sell the Golden Gate Building to solve the group's financial crisis, but they all believed that Hutchison Whampoa could not be made cheaper and could be sold at a higher price.

"Okay, let's talk to Hutchison Whampoa first to see how sincere Hutchison Whampoa is and how much price it is willing to pay."

When Henry Caesar saw more people agreeing to sell, he made a decision. He himself was also inclined to sell. After all, it would take more than one or two hundred million Hong Kong dollars to solve the group's financial crisis. Rather than selling a larger number of assets, it would be better to

The Golden Gate Building was sold and a large amount of money was recovered at one time.

After making the decision, Jardine Matheson immediately sent senior executives to contact the Hutchison Whampoa team.

However, after contacting Hutchison Whampoa, Jardine Matheson discovered that HSBC was also involved in promoting transactions between the two parties.

HSBC's intervention surprised the senior executive in charge and immediately reported it to Henry Caesar. Henry Caesar also couldn't figure out what was going on. He immediately contacted Shen Chou from HSBC and asked Shen Chow.

(End of chapter)